Truist Financial Boosts JFrog (NASDAQ:FROG) Price Target to $105.00

JFrog (NASDAQ:FROG) had its target price increased by investment analysts at Truist Financial from $80.00 to $105.00 in a research report issued on Thursday, MarketBeat reports. The firm presently has a “buy” rating on the stock. Truist Financial’s target price indicates a potential upside of 15.72% from the company’s current price.

FROG has been the topic of several other reports. Benchmark began coverage on JFrog in a research report on Thursday, June 25th. They set a “buy” rating and a $100.00 price target on the stock. JPMorgan Chase & Co. boosted their target price on shares of JFrog from $68.00 to $76.00 and gave the company an “overweight” rating in a report on Friday, May 8th. Guggenheim increased their price target on shares of JFrog from $60.00 to $80.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Bank of America boosted their price objective on shares of JFrog from $85.00 to $100.00 and gave the stock a “buy” rating in a research note on Monday, June 8th. Finally, TD Cowen upped their target price on shares of JFrog from $80.00 to $100.00 and gave the stock a “buy” rating in a research note on Thursday, June 18th. Twenty-one analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, JFrog currently has a consensus rating of “Moderate Buy” and a consensus price target of $83.67.

JFrog Price Performance

Shares of NASDAQ FROG opened at $90.74 on Thursday. JFrog has a 1 year low of $34.05 and a 1 year high of $99.22. The stock has a market capitalization of $10.99 billion, a P/E ratio of -171.21 and a beta of 1.20. The company’s 50-day moving average is $78.35 and its 200 day moving average is $60.01.

JFrog (NASDAQ:FROG) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.05. JFrog had a negative return on equity of 4.61% and a negative net margin of 10.93%.The business had revenue of $153.98 million for the quarter, compared to analysts’ expectations of $147.45 million. During the same period in the previous year, the firm posted $0.20 EPS. The business’s revenue was up 25.8% on a year-over-year basis. JFrog has set its FY 2026 guidance at 0.930-0.970 EPS and its Q2 2026 guidance at 0.230-0.25 EPS. Research analysts anticipate that JFrog will post -0.15 earnings per share for the current year.

Insiders Place Their Bets

In other JFrog news, CTO Yoav Landman sold 150,000 shares of the company’s stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $89.99, for a total transaction of $13,498,500.00. Following the transaction, the chief technology officer owned 5,539,038 shares in the company, valued at approximately $498,458,029.62. This represents a 2.64% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ben Haim Shlomi sold 93,072 shares of the firm’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $84.60, for a total transaction of $7,873,891.20. Following the sale, the chief executive officer directly owned 4,658,236 shares in the company, valued at approximately $394,086,765.60. The trade was a 1.96% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 917,399 shares of company stock valued at $73,629,102. 11.80% of the stock is owned by insiders.

Hedge Funds Weigh In On JFrog

Hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in shares of JFrog by 4.0% in the fourth quarter. Vanguard Group Inc. now owns 9,505,832 shares of the company’s stock worth $593,734,000 after acquiring an additional 362,654 shares during the period. Whale Rock Capital Management LLC boosted its position in JFrog by 82.2% in the fourth quarter. Whale Rock Capital Management LLC now owns 5,297,812 shares of the company’s stock worth $330,901,000 after purchasing an additional 2,389,415 shares during the last quarter. Wasatch Advisors LP grew its stake in shares of JFrog by 187.4% during the 1st quarter. Wasatch Advisors LP now owns 4,156,033 shares of the company’s stock valued at $195,043,000 after purchasing an additional 2,710,167 shares during the period. First Trust Advisors LP increased its position in shares of JFrog by 85,066.4% during the 1st quarter. First Trust Advisors LP now owns 3,362,370 shares of the company’s stock valued at $157,796,000 after purchasing an additional 3,358,422 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD increased its position in shares of JFrog by 30.9% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,683,153 shares of the company’s stock valued at $167,590,000 after purchasing an additional 633,231 shares during the last quarter. 85.02% of the stock is owned by institutional investors.

JFrog News Roundup

Here are the key news stories impacting JFrog this week:

• Positive Sentiment: Truist raised its price target on JFrog to $105 from $80 and reiterated a Buy rating, reinforcing bullish analyst sentiment. JFrog (NASDAQ:FROG) Price Target Raised to $105.00 at Truist Financial
• Positive Sentiment: JFrog continues to benefit from strong analyst support overall, with recent buy ratings and multiple higher price targets suggesting expectations remain constructive. 2 Tech stocks getting bullish upgrades ahead of Q1
• Neutral Sentiment: CTO Yoav Landman sold 700 shares under a pre-arranged 10b5-1 plan, a small transaction that may still weigh on sentiment because JFrog insiders have been active sellers recently. Yoav Landman Sells 700 Shares of JFrog (NASDAQ:FROG) Stock
• Neutral Sentiment: Short interest jumped sharply in June to 10.85 million shares, or about 10.2% of the float, showing that bearish bets have increased even though the days-to-cover ratio remains moderate.
• Neutral Sentiment: July short-interest data showed 0 shares reported, which appears to be a data anomaly and does not provide a reliable new signal for investors.
• Negative Sentiment: The latest insider sale and recent history of heavy insider selling may be pressuring the stock, especially after a strong move higher in recent months. JFrog Falls 5% as Fresh Negative Catalyst Appears Limited

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.