JFrog (NASDAQ:FROG) Upgraded by Wall Street Zen to Buy Rating

Wall Street Zen upgraded shares of JFrog (NASDAQ:FROG) from a hold rating to a buy rating in a research report released on Saturday.

Other analysts also recently issued research reports about the company. Benchmark raised their price objective on JFrog from $100.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Weiss Ratings restated a “sell (d-)” rating on shares of JFrog in a report on Friday, July 17th. Cantor Fitzgerald raised their price target on JFrog from $80.00 to $100.00 and gave the stock an “overweight” rating in a research report on Monday, August 3rd. Citigroup reaffirmed a “buy” rating on shares of JFrog in a research report on Monday, June 8th. Finally, KeyCorp boosted their price objective on JFrog from $89.00 to $114.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. Twenty-one equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, JFrog currently has an average rating of “Moderate Buy” and a consensus target price of $105.81.

JFrog Stock Performance

Shares of NASDAQ FROG opened at $96.17 on Friday. JFrog has a 52-week low of $34.05 and a 52-week high of $99.22. The stock has a market cap of $11.86 billion, a P/E ratio of -259.91 and a beta of 1.22. The firm has a 50 day moving average price of $85.58 and a 200 day moving average price of $64.30.

JFrog (NASDAQ:FROG) last posted its earnings results on Thursday, August 6th. The company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.03. The company had revenue of $163.77 million for 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 2.71%. The business’s revenue for the quarter was up 28.7% compared to the same quarter last year. During the same period last year, the business posted $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 predict that JFrog will post -0.15 earnings per share for the current fiscal year.

Insider Transactions at JFrog

In related news, CEO Ben Haim Shlomi sold 15,000 shares of the stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $91.00, for a total transaction of $1,365,000.00. Following the completion of the transaction, the chief executive officer directly owned 4,562,237 shares in the company, valued at approximately $415,163,567. This trade represents a 0.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Yoav Landman sold 45,000 shares of JFrog stock in a transaction that occurred on 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 directly owned 5,493,338 shares in the company, valued at approximately $479,183,873.74. This represents a 0.81% decrease in their position. 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 761,149 shares of company stock worth $65,402,177. Company insiders own 11.80% of the company’s stock.

Hedge Funds Weigh In On JFrog

Several hedge funds have recently made changes to their positions in FROG. American Capital Management Inc. acquired a new stake in shares of JFrog in the second quarter valued at approximately $1,225,000. Ninepoint Partners LP bought a new position in JFrog in the second quarter valued at $2,262,000. Handelsbanken Fonder AB grew its position in JFrog by 12.8% in the second 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 in the last quarter. Fulton Bank N.A. acquired a new stake in JFrog in the 2nd quarter valued at $440,000. Finally, Avior Wealth Management LLC acquired a new stake in JFrog in the 2nd quarter valued at $289,000. 85.02% of the stock is owned by institutional investors.

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.