JFrog Ltd. (NASDAQ:FROG – Get Free Report) shares passed above its 50-day moving average during trading on Friday. The stock has a 50-day moving average of $93.42 and traded as high as $102.20. JFrog shares last traded at $100.98, with a volume of 7,028,737 shares traded.
Key Stories Impacting JFrog
Here are the key news stories impacting JFrog this week:
- Positive Sentiment: JFrog reported third-quarter adjusted EPS of $0.32, above the $0.23 consensus, while revenue of $179.2 million beat expectations of $165.9 million and grew 31% year over year. JFrog Shares Rally on Outlook Boost, 3Q Beat
- Positive Sentiment: AI-driven coding activity is boosting demand for JFrog’s software tools. Reports highlight cloud revenue growth of about 60%, reinforcing the view that the company is benefiting from wider adoption of AI coding agents. JFrog Cloud Revenue Surges 60% Amid AI-Driven Software Growth
- Positive Sentiment: The company raised its 2026 revenue outlook to $680–$682 million and projected cloud baseline growth of 52%–54%, signaling continued momentum beyond the quarterly beat. JFrog Projects 2026 Revenue and Cloud Growth
- Positive Sentiment: Several firms raised price targets and kept bullish ratings: RBC to $121, Truist to $120, KeyCorp to $118 and Canaccord to $110. These revisions reflect stronger analyst expectations after the results. Truist Raises JFrog Price Target
- Negative Sentiment: Piper Sandler raised its target from $90 to $95 but maintained a neutral rating; the target remains below the stock’s recent trading level, suggesting some analysts see limited near-term upside after the rally.
Wall Street Analyst Weigh In
A number of equities research analysts have issued reports on FROG shares. Morgan Stanley set a $100.00 price objective on JFrog in a research report on Friday, August 7th. Truist Financial lifted their target price on JFrog from $115.00 to $120.00 and gave the stock a “buy” rating in a report on Friday. Cantor Fitzgerald reissued an “overweight” rating and set a $115.00 target price on shares of JFrog in a research report on Wednesday. Wall Street Zen lowered JFrog from a “buy” rating to a “hold” rating in a report on Saturday, October 24th. Finally, Barclays restated an “overweight” rating and set a $110.00 price target on shares of JFrog in a report on Friday, August 7th. Twenty-one research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $112.19.
Get Our Latest Analysis on FROG
JFrog Price Performance
The firm has a market cap of $12.45 billion, a PE ratio of -561.00 and a beta of 1.31. The company has a 50-day simple moving average of $93.42 and a 200-day simple moving average of $72.58.
JFrog (NASDAQ:FROG – Get Free Report) last issued its quarterly earnings results on Thursday, November 5th. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.09. JFrog had a negative return on equity of 1.58% and a negative net margin of 3.29%. The firm had revenue of $179.17 million for the quarter, compared to the consensus estimate of $165.92 million. During the same period in the prior year, the business posted $0.22 earnings per share. The company’s revenue for the quarter was up 30.9% on a year-over-year basis. As a group, equities research analysts predict that JFrog Ltd. will post -0.11 earnings per share for the current year.
Insiders Place Their Bets
In other JFrog news, CEO Shlomi Ben Haim sold 45,700 shares of the company’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $85.35, for a total value of $3,900,495.00. Following the transaction, the chief executive officer owned 4,449,305 shares of the company’s stock, valued at $379,748,181.75. This represents a 1.02% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Yoav Landman sold 249,300 shares of the stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $100.72, for a total value of $25,109,496.00. Following the completion of the sale, the chief technology officer owned 5,199,038 shares in the company, valued at approximately $523,647,107.36. The trade was a 4.58% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 900,453 shares of company stock worth $85,299,266 in the last 90 days. 11.80% of the stock is owned by insiders.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the stock. Diversified Trust Co bought a new stake in shares of JFrog in the 3rd quarter valued at about $1,734,000. Russell Investments Group Ltd. lifted its position in shares of JFrog by 160.0% in the 3rd quarter. Russell Investments Group Ltd. now owns 354,869 shares of the company’s stock worth $34,437,000 after purchasing an additional 218,368 shares during the period. Pier 88 Investment Partners LLC purchased a new stake in shares of JFrog in the 3rd quarter worth approximately $543,000. Illinois Municipal Retirement Fund purchased a new stake in shares of JFrog in the 3rd quarter worth approximately $3,000,000. Finally, Knights of Columbus Asset Advisors LLC boosted its stake in shares of JFrog by 22.3% during the third quarter. Knights of Columbus Asset Advisors LLC now owns 27,865 shares of the company’s stock valued at $2,704,000 after purchasing an additional 5,088 shares in the last quarter. 85.02% of the stock is currently owned by institutional investors.
About JFrog
JFrog Ltd. develops software delivery and supply-chain tools for organizations building and deploying applications. Its platform helps teams manage software packages and other binary artifacts throughout the development lifecycle, from creation and testing to distribution and deployment.
Its products include JFrog Artifactory, a repository manager for storing and managing software artifacts, and JFrog Xray, which scans software components for security vulnerabilities and policy issues.
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