Analysts Set JFrog Ltd. (NASDAQ:FROG) PT at $65.71

JFrog Ltd. (NASDAQ:FROG) has earned an average rating of “Moderate Buy” from the nineteen analysts that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $65.7059.

Several equities analysts recently weighed in on FROG shares. TD Cowen reaffirmed a “buy” rating on shares of JFrog in a research note on Friday, October 17th. Barclays increased their price objective on shares of JFrog from $67.00 to $70.00 and gave the company an “overweight” rating in a report on Monday, January 12th. JPMorgan Chase & Co. raised their price objective on JFrog from $55.00 to $65.00 and gave the company an “overweight” rating in a research report on Friday, November 7th. Wall Street Zen upgraded JFrog from a “hold” rating to a “buy” rating in a research report on Saturday, November 1st. Finally, UBS Group reissued a “neutral” rating on shares of JFrog in a research note on Wednesday, January 14th.

JFrog Stock Down 7.7%

NASDAQ FROG opened at $55.43 on Tuesday. The business has a 50-day moving average price of $62.01 and a 200-day moving average price of $52.79. The firm has a market cap of $6.56 billion, a price-to-earnings ratio of -79.19 and a beta of 1.13. JFrog has a twelve month low of $27.00 and a twelve month high of $70.43.

JFrog (NASDAQ:FROG) last posted its quarterly earnings results on Thursday, November 6th. The company reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.06. The business had revenue of $136.91 million during the quarter, compared to the consensus estimate of $128.28 million. JFrog had a negative return on equity of 6.69% and a negative net margin of 15.88%.The firm’s revenue for the quarter was up 25.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.15 EPS. JFrog has set its FY 2025 guidance at 0.780-0.800 EPS and its Q4 2025 guidance at 0.180-0.200 EPS. Research analysts expect that JFrog will post -0.33 EPS for the current fiscal year.

Insider Activity at JFrog

In other JFrog news, Director Yvonne Wassenaar sold 1,957 shares of the stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $58.70, for a total transaction of $114,875.90. Following the completion of the transaction, the director owned 20,495 shares in the company, valued at $1,203,056.50. This trade represents a 8.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Ben Haim Shlomi sold 25,000 shares of the business’s stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $59.66, for a total transaction of $1,491,500.00. Following the completion of the sale, the chief executive officer owned 4,766,893 shares in the company, valued at approximately $284,392,836.38. This trade represents a 0.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 497,814 shares of company stock valued at $30,245,410 over the last quarter. 14.10% of the stock is currently owned by insiders.

Hedge Funds Weigh In On JFrog

A number of institutional investors and hedge funds have recently modified their holdings of FROG. Blue Trust Inc. purchased a new stake in JFrog during the 4th quarter valued at $30,000. Farther Finance Advisors LLC lifted its holdings in shares of JFrog by 318.7% in the 4th quarter. Farther Finance Advisors LLC now owns 628 shares of the company’s stock worth $39,000 after acquiring an additional 478 shares during the last quarter. First Horizon Corp purchased a new position in shares of JFrog during the 4th quarter worth about $47,000. Aster Capital Management DIFC Ltd purchased a new position in shares of JFrog during the 3rd quarter worth about $56,000. Finally, Wilmington Savings Fund Society FSB grew its holdings in JFrog by 1,086.8% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 1,258 shares of the company’s stock valued at $60,000 after purchasing an additional 1,152 shares during the last quarter. Hedge funds and other institutional investors own 85.02% of the company’s stock.

About JFrog

JFrog is a software company specializing in DevOps solutions designed to streamline the management, distribution and security of software binaries. Its core offering, JFrog Artifactory, serves as a universal artifact repository manager compatible with all major package formats, enabling development teams to store, version and share build artifacts across the software delivery pipeline. The company’s platform also includes tools for continuous integration and delivery (CI/CD), security scanning and release automation.

Among JFrog’s flagship products are JFrog Xray, a security and compliance scanning service that analyzes artifacts and dependencies for vulnerabilities; JFrog Pipelines, a CI/CD orchestration engine that automates build and release workflows; and JFrog Distribution, which accelerates the secure distribution of software releases to edge nodes and end users.