JFrog (NASDAQ:FROG) Given New $90.00 Price Target at Piper Sandler

JFrog (NASDAQ:FROG) had its target price upped by Piper Sandler from $65.00 to $90.00 in a research report sent to investors on Friday morning,Benzinga reports. The firm currently has a neutral rating on the stock.

Several other equities research analysts have also recently issued reports on FROG. Citigroup reaffirmed a “buy” rating on shares of JFrog in a research report on Monday, June 8th. BTIG Research raised their price target on JFrog from $100.00 to $115.00 and gave the company a “buy” rating in a research note on Friday. Bank of America lifted their price target on JFrog from $85.00 to $100.00 and gave the stock a “buy” rating in a report on Monday, June 8th. DA Davidson set a $90.00 price objective on JFrog in a research report on Friday, May 8th. Finally, Stifel Nicolaus upped their price objective on JFrog from $75.00 to $85.00 and gave the stock a “buy” rating in a research report on Tuesday, May 26th. Twenty-one investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $105.81.

JFrog Stock Up 7.8%

Shares of NASDAQ:FROG opened at $89.52 on Friday. JFrog has a fifty-two week low of $34.05 and a fifty-two week high of $99.22. The firm’s 50 day moving average price is $85.16 and its 200 day moving average price is $63.11. The stock has a market cap of $10.84 billion, a price-to-earnings ratio of -241.94 and a beta of 1.22.

JFrog (NASDAQ:FROG) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.24 by $0.03. JFrog had a negative net margin of 7.35% and a negative return on equity of 2.76%. The company had revenue of $163.77 million during the quarter, compared to analysts’ expectations of $155.63 million. During the same quarter in the previous year, the business posted $0.18 EPS. The firm’s revenue was up 28.7% on a year-over-year basis. JFrog has set its Q3 2026 guidance at 0.220-0.240 EPS and its FY 2026 guidance at 0.960-1.000 EPS. On average, equities analysts anticipate that JFrog will post -0.15 EPS for the current year.

Insider Activity at JFrog

In related news, Director Frederic Simon sold 120,000 shares of JFrog stock in a transaction on Monday, June 1st. The shares were sold at an average price of $85.84, for a total transaction of $10,300,800.00. Following the sale, the director directly owned 3,224,328 shares in the company, valued at $276,776,315.52. This trade represents a 3.59% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ben Haim Shlomi sold 93,072 shares of the business’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 completion of the sale, the chief executive officer directly owned 4,658,236 shares of the company’s stock, valued at approximately $394,086,765.60. This trade represents a 1.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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 ninety days. Insiders own 11.80% of the company’s stock.

Institutional Trading of JFrog

Several institutional investors and hedge funds have recently made changes to their positions in FROG. Handelsbanken Fonder AB boosted its position in shares of JFrog by 12.8% in the 2nd quarter. Handelsbanken Fonder AB now owns 32,700 shares of the company’s stock valued at $2,972,000 after purchasing an additional 3,700 shares during the period. Fulton Bank N.A. acquired a new position in JFrog during the second quarter worth approximately $440,000. Avior Wealth Management LLC acquired a new position in JFrog during the second quarter worth approximately $289,000. Moody National Bank Trust Division purchased a new stake in JFrog in the second quarter valued at approximately $822,000. Finally, Lavelle Capital LP purchased a new stake in JFrog in the first quarter valued at approximately $1,046,000. 85.02% of the stock is owned by hedge funds and other institutional investors.

JFrog News Roundup

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.

JFrog Company Profile

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.