JFrog (NASDAQ:FROG) Given New $118.00 Price Target at KeyCorp

JFrog (NASDAQ:FROG) had its price objective upped by KeyCorp from $114.00 to $118.00 in a report released on Friday,Benzinga reports. The firm currently has an overweight rating on the stock.

Several other research firms also recently weighed in on FROG. DA Davidson reiterated a “buy” rating and issued a $115.00 target price on shares of JFrog in a research note on Friday, September 4th. BTIG Research reaffirmed a “buy” rating and issued a $115.00 price objective on shares of JFrog in a report on Friday, September 4th. Raymond James Financial set a $120.00 price objective on shares of JFrog in a research note on Friday, August 7th. Barclays reissued an “overweight” rating and set a $110.00 target price on shares of JFrog in a report on Friday, August 7th. Finally, Wall Street Zen downgraded JFrog from a “buy” rating to a “hold” rating in a research report on Saturday, October 24th. Twenty-one investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $112.19.

JFrog Stock Performance

NASDAQ:FROG traded up $26.36 during trading hours on Friday, reaching $100.98. The stock had a trading volume of 7,028,737 shares, compared to its average volume of 1,776,768. The stock has a market cap of $12.45 billion, a P/E ratio of -561.00 and a beta of 1.31. The stock has a 50 day simple moving average of $93.42 and a 200 day simple moving average of $72.58. JFrog has a 12-month low of $34.05 and a 12-month high of $105.76.

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

Insider Buying and Selling

In related news, CEO Shlomi Ben Haim sold 15,000 shares of the business’s stock in a transaction dated Wednesday, October 7th. The stock was sold at an average price of $97.52, for a total transaction of $1,462,800.00. Following the completion of the transaction, the chief executive officer directly owned 4,434,305 shares in the company, valued at $432,433,423.60. The trade was a 0.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frederic Simon sold 120,000 shares of the company’s stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $97.24, for a total value of $11,668,800.00. Following the completion of the transaction, the director owned 2,744,328 shares in the company, valued at $266,858,454.72. This represents a 4.19% 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. Insiders have sold a total of 900,453 shares of company stock valued at $85,299,266 in the last ninety days. 11.80% of the stock is owned by insiders.

Institutional Trading of JFrog

A number of large investors have recently modified their holdings of FROG. Millstone Evans Group LLC increased its position in shares of JFrog by 242.6% in the first quarter. Millstone Evans Group LLC now owns 603 shares of the company’s stock worth $28,000 after purchasing an additional 427 shares during the last quarter. Western Wealth Management LLC bought a new stake in JFrog during the first quarter valued at approximately $30,000. Bessemer Group Inc. bought a new stake in JFrog during the first quarter valued at approximately $36,000. Allworth Financial LP lifted its position in JFrog by 83.1% during the second quarter. Allworth Financial LP now owns 648 shares of the company’s stock valued at $59,000 after purchasing an additional 294 shares during the last quarter. Finally, GK Wealth Management LLC purchased a new position in JFrog in the 3rd quarter worth approximately $74,000. Institutional investors own 85.02% of the company’s stock.

JFrog News Summary

Here are the key news stories impacting JFrog this week:

• Positive Sentiment: JFrog reported third-quarter adjusted EPS of $0.32, above the $0.23 consensus, while revenue of $179.2 million beat expectations of $165.9 million and grew 31% year over year. JFrog Shares Rally on Outlook Boost, 3Q Beat
• Positive Sentiment: AI-driven coding activity is boosting demand for JFrog’s software tools. Reports highlight cloud revenue growth of about 60%, reinforcing the view that the company is benefiting from wider adoption of AI coding agents. JFrog Cloud Revenue Surges 60% Amid AI-Driven Software Growth
• Positive Sentiment: The company raised its 2026 revenue outlook to $680–$682 million and projected cloud baseline growth of 52%–54%, signaling continued momentum beyond the quarterly beat. JFrog Projects 2026 Revenue and Cloud Growth
• Positive Sentiment: Several firms raised price targets and kept bullish ratings: RBC to $121, Truist to $120, KeyCorp to $118 and Canaccord to $110. These revisions reflect stronger analyst expectations after the results. Truist Raises JFrog Price Target
• Negative Sentiment: Piper Sandler raised its target from $90 to $95 but maintained a neutral rating; the target remains below the stock’s recent trading level, suggesting some analysts see limited near-term upside after the rally.

JFrog Company Profile

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.