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

JFrog (NASDAQ:FROG) had its price target increased by investment analysts at Guggenheim from $80.00 to $105.00 in a report released on Friday,Benzinga reports. The firm presently has a “buy” rating on the stock. Guggenheim’s target price points to a potential upside of 21.35% from the company’s previous close.

A number of other equities analysts have also weighed in on the stock. Cantor Fitzgerald reissued an “overweight” rating on shares of JFrog in a research report on Monday, June 15th. Truist Financial lifted their target price on shares of JFrog from $80.00 to $105.00 and gave the stock a “buy” rating in a research note on Thursday, July 9th. Benchmark assumed coverage on JFrog in a report on Thursday, June 25th. They issued a “buy” rating and a $100.00 price target for the company. Needham & Company LLC increased their price target on JFrog from $70.00 to $80.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Finally, BTIG Research raised their price objective on JFrog from $60.00 to $80.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Twenty-one 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 data from MarketBeat.com, JFrog currently has a consensus rating of “Moderate Buy” and a consensus price target of $84.86.

JFrog Trading Down 5.2%

JFrog stock opened at $86.53 on Friday. The stock has a market cap of $10.48 billion, a PE ratio of -163.26 and a beta of 1.20. The stock has a 50-day moving average price of $81.34 and a 200 day moving average price of $60.62. JFrog has a 52 week low of $34.05 and a 52 week high of $99.22.

JFrog (NASDAQ:FROG) last announced its earnings results 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 net margin of 10.93% and a negative return on equity of 4.61%. The firm had revenue of $153.98 million during the quarter, compared to the consensus estimate of $147.45 million. During the same quarter in the previous year, the company posted $0.20 EPS. The firm’s revenue for the quarter 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. On average, equities analysts predict that JFrog will post -0.15 EPS for the current year.

Insider Activity

In related news, CRO Tali Notman sold 22,015 shares of the firm’s stock in a transaction that occurred on 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 approximately $59,321,504.55. This trade represents a 3.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Barry Zwarenstein sold 1,250 shares of JFrog stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $84.35, for a total transaction of $105,437.50. Following the transaction, the director directly owned 32,937 shares in the company, valued at approximately $2,778,235.95. This trade represents a 3.66% decrease in their ownership of the stock. 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 917,399 shares of company stock valued at $73,629,102 in the last 90 days. 11.80% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On JFrog

Several large investors have recently made changes to their positions in the business. Handelsbanken Fonder AB lifted its holdings in shares of JFrog by 12.8% during the 2nd quarter. Handelsbanken Fonder AB now owns 32,700 shares of the company’s stock valued at $2,972,000 after acquiring 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. Avior Wealth Management LLC acquired a new stake in JFrog in the 2nd quarter valued at $289,000. Moody National Bank Trust Division purchased a new position in JFrog in the second quarter valued at about $822,000. Finally, Lavelle Capital LP acquired a new position in shares of JFrog during the first quarter worth about $1,046,000. Institutional investors and hedge funds own 85.02% of the company’s stock.

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.