JFrog (NASDAQ:FROG) Price Target Raised to $120.00

JFrog (NASDAQ:FROG) had its target price increased by equities research analysts at Truist Financial from $115.00 to $120.00 in a research report issued on Friday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. Truist Financial‘s price target indicates a potential upside of 19.77% from the stock’s current price.

Several other equities research analysts also recently weighed in on FROG. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of JFrog in a research note on Thursday, October 15th. Piper Sandler raised their target price on JFrog from $90.00 to $95.00 and gave the company a “neutral” rating in a research note on Friday. Guggenheim upped their target price on JFrog from $115.00 to $125.00 and gave the stock a “buy” rating in a research report on Friday. DA Davidson reiterated a “buy” rating and issued a $115.00 target price on shares of JFrog in a report on Friday, September 4th. Finally, TD Cowen reissued a “buy” rating and issued a $120.00 price target on shares of JFrog in a research report on Thursday, September 3rd. Twenty-one equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $111.81.

JFrog Price Performance

NASDAQ FROG traded up $25.57 during mid-day trading on Friday, reaching $100.19. 4,295,240 shares of the stock were exchanged, compared to its average volume of 2,701,434. JFrog has a one year low of $34.05 and a one year high of $105.76. The stock has a 50 day simple moving average of $93.48 and a 200-day simple moving average of $72.36. The stock has a market cap of $12.35 billion, a P/E ratio of -270.90 and a beta of 1.31.

JFrog (NASDAQ:FROG) last issued its quarterly earnings results on Thursday, November 5th. The company reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.09. JFrog had a negative net margin of 7.35% and a negative return on equity of 2.71%. The business had revenue of $179.17 million for the quarter, compared to analysts’ expectations of $165.92 million. During the same quarter in the prior year, the firm posted $0.22 earnings per share. The business’s quarterly revenue was up 30.9% compared to the same quarter last year. Sell-side analysts anticipate that JFrog will post -0.11 EPS for the current fiscal year.

Insider Activity

In other news, CEO Shlomi Ben Haim sold 45,700 shares of the company’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $85.35, for a total value of $3,900,495.00. Following the completion of the transaction, the chief executive officer directly owned 4,449,305 shares of the company’s stock, valued at $379,748,181.75. This represents a 1.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frederic Simon sold 120,000 shares of JFrog stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $90.86, for a total value of $10,903,200.00. Following the sale, the director owned 2,984,328 shares in the company, valued at $271,156,042.08. The trade was a 3.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 900,453 shares of company stock valued at $85,299,266 over the last quarter. 11.80% of the stock is owned by insiders.

Institutional Investors Weigh In On JFrog

Several large investors have recently modified their holdings of the stock. First Trust Advisors LP raised its stake in shares of JFrog by 85,066.4% in the first quarter. First Trust Advisors LP now owns 3,362,370 shares of the company’s stock valued at $157,796,000 after buying an additional 3,358,422 shares during the period. Congress Asset Management Co. lifted its stake in JFrog by 14.4% in the 3rd quarter. Congress Asset Management Co. now owns 1,420,301 shares of the company’s stock worth $137,826,000 after purchasing an additional 178,310 shares in the last quarter. Bank of America Corp DE boosted its stake in JFrog by 48.2% during the first quarter. Bank of America Corp DE now owns 2,517,899 shares of the company’s stock valued at $118,165,000 after buying an additional 819,326 shares during the period. Arrowstreet Capital Limited Partnership lifted its position in JFrog by 78.1% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,964,925 shares of the company’s stock valued at $92,214,000 after purchasing an additional 861,835 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. grew its stake in JFrog by 1.1% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 904,403 shares of the company’s stock worth $87,763,000 after buying an additional 9,520 shares in the last quarter. Hedge funds and other institutional investors own 85.02% of the company’s stock.

Key Stories Impacting JFrog

Here are the key news stories impacting JFrog this week:

• Positive Sentiment: JFrog reported Q3 adjusted earnings of $0.32 per share, above the $0.23 consensus, while revenue of $179.2 million rose 31% year over year and topped expectations of about $165.9 million. JFrog Announces Third Quarter 2026 Results
• Positive Sentiment: The company raised its 2026 revenue forecast to $680 million–$682 million, and projected cloud baseline growth of 52%–54%, signaling continued momentum in its cloud business. JFrog projects FY 2026 revenue of $680M-$682M
• Positive Sentiment: Reports cited AI coding adoption as a major growth driver, alongside expanding use of JFrog’s cloud and security offerings. That adds to the positive outlook by pointing to demand across several product areas. JFrog Posts Blowout Earnings. AI Coding Was the Biggest Growth Driver.
• Positive Sentiment: Truist raised its price target to $120 from $115 and maintained a Buy rating; KeyCorp also lifted its target, to $118 from $114, with an Overweight rating. Truist Securities Adjusts Price Target on JFrog
• Neutral Sentiment: Piper Sandler raised its target to $95 from $90 but kept a Neutral rating, reflecting a more cautious view than the other target increases. Piper Sandler stock recommendations

About JFrog

JFrog Ltd. is a software company that provides a platform for managing, securing and distributing software packages and releases throughout the application development lifecycle. Its technology is designed to help organizations move software reliably from development through production across cloud, on-premises and hybrid environments.

The company’s products include JFrog Artifactory, a repository for storing and managing software packages and container images; JFrog Xray, which provides security and compliance analysis for software components; and tools for continuous integration, continuous delivery, software distribution and release management.