Benchmark Issues Positive Forecast for JFrog (NASDAQ:FROG) Stock Price

JFrog (NASDAQ:FROG) had its price objective hoisted by Benchmark from $100.00 to $120.00 in a research report report published on Friday morning,Benzinga reports. They currently have a buy rating on the stock.

FROG has been the subject of several other reports. Morgan Stanley set a $100.00 price target on shares of JFrog in a report on Friday. Citigroup reiterated a “buy” rating on shares of JFrog in a research report on Monday, June 8th. Stifel Nicolaus lifted their price objective on JFrog from $75.00 to $85.00 and gave the company a “buy” rating in a research note on Tuesday, May 26th. KeyCorp boosted their target price on JFrog from $89.00 to $114.00 and gave the stock an “overweight” rating in a research report on Friday. Finally, TD Cowen upped their target price on JFrog from $100.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday. Twenty-one equities research 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. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $105.81.

JFrog Stock Up 7.8%

Shares of FROG opened at $89.52 on Friday. JFrog has a twelve month low of $34.05 and a twelve month high of $99.22. The stock has a market cap of $10.84 billion, a PE ratio of -241.94 and a beta of 1.22. The business’s 50-day moving average price is $85.16 and its 200-day moving average price is $63.11.

JFrog (NASDAQ:FROG) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.03. The company had revenue of $163.77 million during the quarter, compared to analyst estimates of $155.63 million. JFrog had a negative net margin of 7.35% and a negative return on equity of 2.76%. JFrog’s revenue was up 28.7% compared to the same quarter last year. During the same period last year, the business earned $0.18 earnings per share. JFrog has set its Q3 2026 guidance at 0.220-0.240 EPS and its FY 2026 guidance at 0.960-1.000 EPS. Analysts expect that JFrog will post -0.15 earnings per share for the current fiscal year.

Insider Transactions at JFrog

In other news, CEO Ben Haim Shlomi sold 93,072 shares of the firm’s stock in a transaction on 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 owned 4,658,236 shares in the company, valued at approximately $394,086,765.60. This trade represents a 1.96% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Yoav Landman sold 150,000 shares of the firm’s stock in a transaction on 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 sale, the chief technology officer owned 5,539,038 shares in the company, valued at approximately $498,458,029.62. This trade represents a 2.64% 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. Insiders have sold 938,649 shares of company stock valued at $76,347,827 in the last quarter. Insiders own 11.80% of the company’s stock.

Institutional Investors Weigh In On JFrog

A number of large investors have recently added to or reduced their stakes in FROG. Handelsbanken Fonder AB lifted its stake in JFrog by 12.8% during the second quarter. Handelsbanken Fonder AB now owns 32,700 shares of the company’s stock worth $2,972,000 after purchasing an additional 3,700 shares during the last quarter. Fulton Bank N.A. bought a new position in shares of JFrog during the 2nd quarter valued at about $440,000. Avior Wealth Management LLC bought a new position in shares of JFrog during the 2nd quarter valued at about $289,000. Moody National Bank Trust Division purchased a new position in shares of JFrog during the 2nd quarter valued at about $822,000. Finally, Lavelle Capital LP purchased a new position in shares of JFrog during the 1st quarter valued at about $1,046,000. Hedge funds and other institutional investors own 85.02% of the company’s stock.

JFrog News Summary

Here are the key news stories impacting JFrog this week:

• Positive Sentiment: Q2 results beat expectations. JFrog reported adjusted earnings of $0.27 per share versus the $0.24 consensus estimate, while revenue rose 28.7% year over year to $163.8 million, above both analyst expectations and the company’s prior guidance. JFrog Q2 Earnings Beat Estimates on Cloud and Security Growth
• Positive Sentiment: Cloud and security momentum strengthened. Cloud revenue jumped 53% to approximately $87.5 million, representing 53% of total revenue. JFrog also reported 97 customers with more than $1 million in annual recurring revenue and 121% net dollar retention, supporting the company’s expansion and recurring-revenue outlook. JFrog stock jumps as Q2 results top guidance and full-year outlook moves higher
• Positive Sentiment: JFrog raised its outlook. Fiscal 2026 revenue guidance increased to $648 million-$652 million from $628 million-$632 million, while adjusted EPS guidance rose to $0.96-$1.00. Third-quarter guidance of $164 million-$166 million in revenue and $0.22-$0.24 in EPS also exceeds consensus estimates. JFrog forecasts 2026 revenue amid cloud growth outlook
• Positive Sentiment: Analysts raised targets following the report. Benchmark raised its target to $120 and JPMorgan, Oppenheimer, and BTIG lifted theirs to $115. Truist increased its target to $110, while Piper Sandler raised its target to $90 but retained a neutral rating. Analyst price-target updates
• Neutral Sentiment: Software stocks broadly moved higher as solid earnings reduced concerns about artificial-intelligence disruption, providing a favorable sector backdrop for FROG. Stocks that explain today’s market
• Negative Sentiment: Recent insider-trading data shows company insiders recorded numerous open-market sales and no purchases over the past six months. This may temper enthusiasm, although the selling can also reflect scheduled transactions or equity compensation.

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.