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

JFrog (NASDAQ:FROG) had its target price boosted by Oppenheimer from $105.00 to $115.00 in a report published on Friday morning,Benzinga reports. They currently have an outperform rating on the stock.

Other equities research analysts also recently issued reports about the stock. BTIG Research raised their target price on shares of JFrog from $100.00 to $115.00 and gave the company a “buy” rating in a research note on Friday. Canaccord Genuity Group set a $105.00 price objective on JFrog in a report on Friday. TD Cowen boosted their target price on JFrog from $80.00 to $100.00 and gave the stock a “buy” rating in a research note on Thursday, June 18th. UBS Group upped their target price on JFrog from $92.00 to $110.00 and gave the company a “buy” rating in a research report on Thursday, July 2nd. Finally, Morgan Stanley set a $100.00 price target on JFrog in a report on Friday. Twenty-one research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $105.81.

JFrog Price Performance

Shares of FROG stock opened at $89.52 on Friday. The stock’s 50-day moving average is $85.16 and its 200 day moving average is $63.11. JFrog has a 1-year low of $34.05 and a 1-year high of $99.22. The company has a market cap of $10.84 billion, a P/E ratio of -241.94 and a beta of 1.22.

JFrog (NASDAQ:FROG) last announced its earnings results on Thursday, August 6th. The company reported $0.27 EPS for the quarter, topping analysts’ consensus estimates 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 business had revenue of $163.77 million during the quarter, compared to the consensus estimate of $155.63 million. During the same period in the previous year, the company posted $0.18 earnings per share. 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, analysts anticipate that JFrog will post -0.15 EPS for the current year.

Insider Activity at JFrog

In other JFrog news, CEO Ben Haim Shlomi sold 15,000 shares of the business’s stock in a transaction dated Wednesday, July 8th. The stock was sold at an average price of $94.37, for a total transaction of $1,415,550.00. Following the sale, the chief executive officer owned 4,577,237 shares in the company, valued at approximately $431,953,855.69. The trade was a 0.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Tali Notman sold 22,015 shares of the firm’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $83.95, for a total value of $1,848,159.25. Following the completion of the transaction, the executive owned 706,629 shares of the company’s stock, valued at approximately $59,321,504.55. The trade was a 3.02% 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 a total of 938,649 shares of company stock worth $76,347,827 in the last quarter. 11.80% of the stock is owned by insiders.

Institutional Trading of JFrog

Hedge funds and other institutional investors have recently made changes to their positions in the business. Royal Bank of Canada lifted its position in JFrog by 48.4% during the first quarter. Royal Bank of Canada now owns 189,148 shares of the company’s stock valued at $6,053,000 after purchasing an additional 61,685 shares during the period. Cubist Systematic Strategies LLC acquired a new stake in JFrog during the 1st quarter worth about $205,000. AQR Capital Management LLC purchased a new position in shares of JFrog during the 1st quarter valued at about $368,000. Integrated Wealth Concepts LLC purchased a new position in shares of JFrog during the 1st quarter valued at about $203,000. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of JFrog by 14.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 692,909 shares of the company’s stock valued at $22,173,000 after buying an additional 88,784 shares during the period. Institutional investors and hedge funds own 85.02% of the company’s stock.

Key Stories Impacting JFrog

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.