JFrog (NASDAQ:FROG) Releases FY 2026 Earnings Guidance

JFrog (NASDAQ:FROG) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 0.880-0.920 for the period, compared to the consensus EPS estimate of 0.430. The company issued revenue guidance of $623.0 million-$628.0 million, compared to the consensus revenue estimate of $576.9 million. JFrog also updated its Q1 2026 guidance to 0.200-0.220 EPS.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of JFrog in a research report on Thursday, January 22nd. Barclays lifted their price target on shares of JFrog from $67.00 to $70.00 and gave the company an “overweight” rating in a research note on Monday, January 12th. KeyCorp upped their price objective on shares of JFrog from $71.00 to $79.00 and gave the company an “overweight” rating in a report on Tuesday, December 16th. Morgan Stanley raised their target price on JFrog from $65.00 to $70.00 and gave the company an “overweight” rating in a research note on Friday, November 7th. Finally, Canaccord Genuity Group boosted their target price on JFrog from $55.00 to $65.00 and gave the company a “buy” rating in a research report on Friday, November 7th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, JFrog has a consensus rating of “Moderate Buy” and an average price target of $65.71.

JFrog Price Performance

Shares of NASDAQ FROG traded up $1.31 during mid-day trading on Thursday, reaching $53.30. 6,044,444 shares of the company’s stock traded hands, compared to its average volume of 2,459,864. The stock has a market cap of $6.31 billion, a P/E ratio of -76.14 and a beta of 1.13. The business has a 50-day simple moving average of $60.32 and a 200 day simple moving average of $53.53. JFrog has a 1-year low of $27.00 and a 1-year high of $70.43.

JFrog (NASDAQ:FROG) last posted its earnings results on Thursday, February 12th. The company reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.28). JFrog had a negative return on equity of 6.69% and a negative net margin of 15.88%.JFrog has set its FY 2026 guidance at 0.880-0.920 EPS and its Q1 2026 guidance at 0.200-0.220 EPS. Equities research analysts anticipate that JFrog will post -0.33 earnings per share for the current fiscal year.

Insider Transactions at JFrog

In other news, Director Frederic Simon sold 80,000 shares of the firm’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $59.51, for a total value of $4,760,800.00. Following the transaction, the director owned 3,660,786 shares in the company, valued at $217,853,374.86. This trade represents a 2.14% 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 hyperlink. Also, CEO Ben Haim Shlomi sold 25,000 shares of JFrog stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $51.92, for a total value of $1,298,000.00. Following the transaction, the chief executive officer directly owned 4,741,893 shares in the company, valued at approximately $246,199,084.56. The trade was a 0.52% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 407,814 shares of company stock valued at $24,969,260. Corporate insiders own 14.10% of the company’s stock.

JFrog News Summary

Here are the key news stories impacting JFrog this week:

• Positive Sentiment: Management raised Q1 FY2026 guidance to $0.200–$0.220 EPS and revenue of $146–$148M, well above consensus — a near-term beat that supports upside to estimates. Q4 press release / slides
• Positive Sentiment: JFrog raised FY2026 guidance to $0.880–$0.920 EPS and $623–$628M revenue versus consensus ~ $0.43 EPS / $576.9M — the bigger upward revision for the full year is the key catalyst for today’s rally. Business Wire: FY2025 results
• Positive Sentiment: Q4 revenue of ~$145M (+25% YoY) and gross profit growth beat expectations, and operating cash flow remained positive — evidence of revenue momentum even as GAAP EPS was negative. Quiver: Q4 financials
• Positive Sentiment: Analyst coverage and price targets remain constructive (median target ~$70, multiple recent Buys/Overweights), and some large institutions have added positions — supportive for medium-term sentiment. Quiver: analyst/holder summary
• Neutral Sentiment: Press narratives highlight AI security and shifting growth story for JFrog, which could re-rate expectations if adoption accelerates but is still narrative-driven. Yahoo Finance: AI narrative
• Neutral Sentiment: Short-interest data in the feeds shows zeros/NaN (likely reporting anomalies) and does not provide a reliable signal today.
• Negative Sentiment: GAAP/diluted EPS missed expectations (company reported negative EPS for the quarter), and JFrog still posted an operating loss — fundamentals that limit the upside until profitability trends improve. Q4 press release / slides
• Negative Sentiment: Significant insider selling activity reported over the past six months (many disclosed sales) could concern some investors about near-term insider conviction. Quiver: insider trading
• Negative Sentiment: Total liabilities grew year‑over‑year, which investors will watch alongside cash balances as the company scales and invests in growth. Quiver: balance sheet notes

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. Lazard Asset Management LLC grew its position in JFrog by 1,669.6% in the 3rd quarter. Lazard Asset Management LLC now owns 1,185,416 shares of the company’s stock worth $56,106,000 after purchasing an additional 1,118,427 shares in the last quarter. Amundi lifted its position in shares of JFrog by 1,320.8% during the 3rd quarter. Amundi now owns 550,906 shares of the company’s stock worth $26,697,000 after buying an additional 512,131 shares in the last quarter. Cubist Systematic Strategies LLC boosted its stake in shares of JFrog by 5,380.3% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 351,838 shares of the company’s stock worth $15,439,000 after buying an additional 345,418 shares during the last quarter. Qube Research & Technologies Ltd grew its holdings in shares of JFrog by 121.6% in the third quarter. Qube Research & Technologies Ltd now owns 596,271 shares of the company’s stock valued at $28,222,000 after acquiring an additional 327,174 shares in the last quarter. Finally, Polar Capital Holdings Plc grew its holdings in shares of JFrog by 142.6% in the third quarter. Polar Capital Holdings Plc now owns 529,836 shares of the company’s stock valued at $25,077,000 after acquiring an additional 311,410 shares in the last quarter. 85.02% of the stock is owned by institutional investors.

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.