JFrog’s (FROG) Buy Rating Reiterated at Guggenheim

Guggenheim reaffirmed their buy rating on shares of JFrog (NASDAQ:FROG) in a research note published on Tuesday,Benzinga reports. They currently have a $60.00 price target on the stock.

Several other research analysts also recently weighed in on the stock. UBS Group upgraded shares of JFrog from a “neutral” rating to a “buy” rating and set a $60.00 target price for the company in a research note on Tuesday, March 24th. Morgan Stanley set a $70.00 target price on shares of JFrog in a research note on Monday, February 23rd. Canaccord Genuity Group decreased their target price on shares of JFrog from $75.00 to $66.00 and set a “buy” rating for the company in a research note on Friday, February 13th. Barclays upped their target price on shares of JFrog from $67.00 to $70.00 and gave the company an “overweight” rating in a research note on Monday, January 12th. Finally, Stifel Nicolaus decreased their target price on shares of JFrog from $64.00 to $52.00 and set a “buy” rating for the company in a research note on Monday, February 23rd. Eighteen analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, JFrog presently has a consensus rating of “Moderate Buy” and an average target price of $68.16.

JFrog Stock Down 6.1%

FROG opened at $43.97 on Tuesday. JFrog has a 52-week low of $32.05 and a 52-week high of $70.43. The company has a 50 day moving average of $44.11 and a two-hundred day moving average of $52.61. The company has a market cap of $5.33 billion, a P/E ratio of -70.92 and a beta of 1.14.

JFrog (NASDAQ:FROG) last released its quarterly earnings data on Thursday, February 12th. The company reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.03. JFrog had a negative net margin of 13.50% and a negative return on equity of 5.74%. The company had revenue of $145.31 million during the quarter, compared to the consensus estimate of $138.09 million. During the same period in the previous year, the firm earned $0.19 earnings per share. JFrog’s revenue for the quarter was up 25.2% on a year-over-year basis. JFrog has set its FY 2026 guidance at 0.880-0.920 EPS and its Q1 2026 guidance at 0.200-0.220 EPS. Research analysts anticipate that JFrog will post -0.21 earnings per share for the current year.

Insider Activity

In other JFrog news, CEO Ben Haim Shlomi sold 71,841 shares of the stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $40.15, for a total transaction of $2,884,416.15. Following the transaction, the chief executive officer directly owned 4,815,612 shares in the company, valued at $193,346,821.80. This represents a 1.47% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Eduard Grabscheid sold 15,639 shares of the stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $40.15, for a total transaction of $627,905.85. Following the transaction, the chief financial officer owned 239,902 shares in the company, valued at $9,632,065.30. This trade represents a 6.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 320,003 shares of company stock worth $14,186,031 over the last ninety days. Insiders own 11.80% of the company’s stock.

Institutional Trading of JFrog

Institutional investors and hedge funds have recently modified their holdings of the business. Public Sector Pension Investment Board acquired a new stake in shares of JFrog during the third quarter worth $3,247,000. HighTower Advisors LLC raised its holdings in shares of JFrog by 452.1% during the third quarter. HighTower Advisors LLC now owns 56,821 shares of the company’s stock worth $2,689,000 after purchasing an additional 46,529 shares during the period. Federated Hermes Inc. acquired a new stake in shares of JFrog during the third quarter worth $6,697,000. Wilson Asset Management International PTY Ltd. acquired a new stake in shares of JFrog during the third quarter worth $3,133,000. Finally, Sumitomo Mitsui Trust Group Inc. acquired a new stake in shares of JFrog during the third quarter worth $51,443,000. 85.02% of the stock is owned by institutional investors and hedge funds.

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.