JFrog (NASDAQ:FROG) Given New $121.00 Price Target at Royal Bank Of Canada

JFrog (NASDAQ:FROG) had its target price lifted by Royal Bank Of Canada from $118.00 to $121.00 in a research note published on Friday morning,Benzinga reports. Royal Bank Of Canada currently has an outperform rating on the stock.

Several other research firms have also recently weighed in on FROG. Canaccord Genuity Group set a $105.00 price target on shares of JFrog in a report on Friday, August 7th. Raymond James Financial set a $120.00 price target on shares of JFrog in a research report on Friday, August 7th. Cantor Fitzgerald reissued an “overweight” rating and issued a $115.00 target price on shares of JFrog in a report on Wednesday. DA Davidson reaffirmed a “buy” rating and set a $115.00 target price on shares of JFrog in a research note on Friday, September 4th. Finally, JPMorgan Chase & Co. increased their price target on JFrog from $100.00 to $115.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. Twenty-one 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, JFrog presently has an average rating of “Moderate Buy” and an average target price of $112.19.

JFrog Trading Up 35.3%

Shares of NASDAQ:FROG traded up $26.36 during midday trading on Friday, hitting $100.98. The company had a trading volume of 7,028,737 shares, compared to its average volume of 1,776,768. The stock has a market cap of $12.45 billion, a price-to-earnings ratio of -561.00 and a beta of 1.31. The firm has a fifty day simple moving average of $93.42 and a 200 day simple moving average of $72.58. JFrog has a 12 month low of $34.05 and a 12 month high of $105.76.

JFrog (NASDAQ:FROG) last announced its quarterly earnings results on Thursday, November 5th. The company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.09. The company had revenue of $179.17 million during the quarter, compared to the consensus estimate of $165.92 million. JFrog had a negative return on equity of 2.71% and a negative net margin of 7.35%. The company’s revenue for the quarter was up 30.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.22 earnings per share. Equities analysts forecast that JFrog will post -0.11 EPS for the current fiscal year.

Insider Buying and Selling at JFrog

In related news, CTO Yoav Landman sold 45,000 shares of the firm’s stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $97.27, for a total transaction of $4,377,150.00. Following the completion of the sale, the chief technology officer owned 5,109,038 shares of the company’s stock, valued at $496,956,126.26. This trade represents a 0.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Barry Zwarenstein sold 1,250 shares of JFrog stock in a transaction that occurred on Tuesday, October 20th. The stock was sold at an average price of $90.10, for a total value of $112,625.00. Following the completion of the sale, the director owned 29,187 shares of the company’s stock, valued at approximately $2,629,748.70. The trade was a 4.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 900,453 shares of company stock valued at $85,299,266 over the last ninety days. Insiders own 11.80% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of FROG. Diversified Trust Co bought a new position in shares of JFrog during the 3rd quarter worth about $1,734,000. Russell Investments Group Ltd. increased its position in JFrog by 160.0% in the 3rd quarter. Russell Investments Group Ltd. now owns 354,869 shares of the company’s stock valued at $34,437,000 after buying an additional 218,368 shares in the last quarter. Pier 88 Investment Partners LLC acquired a new position in JFrog during the 3rd quarter worth approximately $543,000. Illinois Municipal Retirement Fund acquired a new position in JFrog during the 3rd quarter worth approximately $3,000,000. Finally, Knights of Columbus Asset Advisors LLC raised its stake in JFrog by 22.3% during the 3rd quarter. Knights of Columbus Asset Advisors LLC now owns 27,865 shares of the company’s stock worth $2,704,000 after buying an additional 5,088 shares during the period. Institutional investors and hedge funds own 85.02% of the company’s stock.

JFrog News Roundup

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.

JFrog Company Profile

JFrog Ltd. is a software company that provides a platform for managing, securing and distributing software packages and releases throughout the application development lifecycle. Its technology is designed to help organizations move software reliably from development through production across cloud, on-premises and hybrid environments.

The company’s products include JFrog Artifactory, a repository for storing and managing software packages and container images; JFrog Xray, which provides security and compliance analysis for software components; and tools for continuous integration, continuous delivery, software distribution and release management.