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 0.960-1.000 for the period, compared to the consensus EPS estimate of 0.730. The company issued revenue guidance of $648.0 million-$652.0 million, compared to the consensus revenue estimate of $632.5 million. JFrog also updated its Q3 2026 guidance to 0.220-0.240 EPS.

JFrog Price Performance

NASDAQ:FROG traded up $6.48 during trading hours on Friday, reaching $89.52. The company’s stock had a trading volume of 4,369,537 shares, compared to its average volume of 2,188,246. The company has a market cap of $10.84 billion, a price-to-earnings ratio of -241.94 and a beta of 1.22. JFrog has a one year low of $34.05 and a one year high of $99.22. The business’s 50-day moving average is $85.16 and its 200-day moving average is $63.11.

JFrog (NASDAQ:FROG) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.03. The company had revenue of $163.77 million during the quarter, compared to analysts’ expectations of $155.63 million. JFrog had a negative return on equity of 2.76% and a negative net margin of 7.35%.The business’s quarterly revenue was up 28.7% compared to the same quarter last year. During the same quarter in the previous year, the firm 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. On average, sell-side analysts predict that JFrog will post -0.15 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have commented on FROG. Truist Financial increased their price target on JFrog from $105.00 to $110.00 and gave the company a “buy” rating in a report on Friday. BTIG Research upped their price objective on shares of JFrog from $100.00 to $115.00 and gave the stock a “buy” rating in a report on Friday. UBS Group lifted their target price on shares of JFrog from $110.00 to $120.00 and gave the stock a “buy” rating in a report on Friday. TD Cowen boosted their target price on shares of JFrog from $100.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday. Finally, DA Davidson set a $115.00 price target on shares of JFrog in a report on Friday. 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 stock. Based on data from MarketBeat, JFrog currently has a consensus rating of “Moderate Buy” and a consensus price target of $105.81.

Insider Transactions at JFrog

In related news, CTO Yoav Landman sold 45,000 shares of the stock in a transaction dated Friday, July 17th. The shares were sold at an average price of $87.23, for a total value of $3,925,350.00. Following the completion of the sale, the chief technology officer owned 5,493,338 shares in the company, valued at approximately $479,183,873.74. This trade represents a 0.81% decrease in their ownership of the stock. The transaction was disclosed in a 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, CRO Tali Notman sold 22,015 shares of the business’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $83.95, for a total value of $1,848,159.25. Following the transaction, the executive owned 706,629 shares in the company, valued at $59,321,504.55. This represents a 3.02% 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. Over the last quarter, insiders sold 938,649 shares of company stock worth $76,347,827. 11.80% of the stock is currently owned by insiders.

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.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Wilmington Savings Fund Society FSB boosted its stake in JFrog by 1,086.8% during the third quarter. Wilmington Savings Fund Society FSB now owns 1,258 shares of the company’s stock worth $60,000 after buying an additional 1,152 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of JFrog by 52.4% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,789 shares of the company’s stock valued at $112,000 after buying an additional 615 shares in the last quarter. Tower Research Capital LLC TRC lifted its holdings in shares of JFrog by 7,185.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,987 shares of the company’s stock worth $131,000 after acquiring an additional 2,946 shares during the period. Brooklyn Investment Group acquired a new stake in shares of JFrog during the 4th quarter valued at about $219,000. Finally, Ridge Creek Global Inc acquired a new stake in shares of JFrog during the 4th quarter valued at about $227,000. 85.02% of the stock is currently owned by institutional investors and hedge funds.

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.