JFrog (NASDAQ:FROG) Price Target Raised to $95.00

JFrog (NASDAQ:FROG) had its price objective raised by Canaccord Genuity Group from $78.00 to $95.00 in a research note released on Tuesday morning, Marketbeat reports. They currently have a buy rating on the stock.

FROG has been the subject of a number of other research reports. Bank of America increased their price target on JFrog from $85.00 to $100.00 and gave the stock a “buy” rating in a research note on Monday, June 8th. DA Davidson set a $90.00 price objective on JFrog in a research report on Friday, May 8th. JPMorgan Chase & Co. upped their price objective on JFrog from $76.00 to $100.00 and gave the stock an “overweight” rating in a research note on Monday, July 27th. Citigroup reiterated a “buy” rating on shares of JFrog in a research report on Monday, June 8th. Finally, Benchmark reissued a “buy” rating on shares of JFrog in a research note on Wednesday, July 29th. Twenty-one research 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’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $91.19.

JFrog Price Performance

FROG opened at $83.04 on Tuesday. The company has a 50 day simple moving average of $84.96 and a two-hundred day simple moving average of $62.93. The firm has a market cap of $10.06 billion, a P/E ratio of -156.68 and a beta of 1.22. JFrog has a 1-year low of $34.05 and a 1-year high of $99.22.

JFrog (NASDAQ:FROG) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.24 by $0.03. JFrog had a negative net margin of 10.93% and a negative return on equity of 4.61%. The firm had revenue of $163.77 million for the quarter, compared to the consensus estimate of $155.63 million. During the same period last year, the firm earned $0.18 EPS. The company’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. Equities analysts anticipate that JFrog will post -0.15 earnings per share for the current year.

Insiders Place Their Bets

In other news, CFO Eduard Grabscheid sold 5,654 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $84.69, for a total transaction of $478,837.26. Following the completion of the transaction, the chief financial officer owned 209,658 shares in the company, valued at $17,755,936.02. This trade represents a 2.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Barry Zwarenstein sold 1,250 shares of JFrog stock in a transaction dated Thursday, July 23rd. The stock was sold at an average price of $80.10, for a total value of $100,125.00. Following the completion of the sale, the director directly owned 31,687 shares in the company, valued at $2,538,128.70. This trade represents a 3.80% 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. Over the last 90 days, insiders have sold 938,649 shares of company stock worth $76,347,827. 11.80% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On JFrog

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Millstone Evans Group LLC raised its holdings in shares of JFrog by 242.6% during the 1st quarter. Millstone Evans Group LLC now owns 603 shares of the company’s stock worth $28,000 after acquiring an additional 427 shares in the last quarter. Blue Trust Inc. bought a new position in shares of JFrog during the 4th quarter valued at approximately $30,000. Western Wealth Management LLC purchased a new position in shares of JFrog in the first quarter valued at $30,000. Bessemer Group Inc. purchased a new position in shares of JFrog in the first quarter valued at $36,000. Finally, Farther Finance Advisors LLC increased its position in JFrog by 318.7% in the fourth quarter. Farther Finance Advisors LLC now owns 628 shares of the company’s stock worth $39,000 after purchasing an additional 478 shares during the last quarter. 85.02% of the stock is owned by institutional investors.

Trending Headlines about JFrog

Here are the key news stories impacting JFrog this week:

• Positive Sentiment: Q2 results surpassed estimates: JFrog reported adjusted EPS of $0.27 versus the $0.24 consensus estimate, while revenue rose 28.7% year over year to $163.8 million, ahead of both analyst expectations and management’s prior $154 million–$156 million forecast. JFrog quarterly earnings report
• Positive Sentiment: Cloud growth remained a key catalyst: Cloud revenue climbed 53% year over year to $87.5 million and represented 53% of total revenue. JFrog also reported 97 customers with more than $1 million in annual recurring revenue and 121% net dollar retention, signaling strong expansion among existing customers.
• Positive Sentiment: Higher guidance reinforced the bullish reaction: JFrog raised fiscal 2026 revenue guidance to $648 million–$652 million from $628 million–$632 million and adjusted EPS guidance to $0.96–$1.00 from $0.93–$0.97. Third-quarter guidance of $164 million–$166 million in revenue and $0.22–$0.24 in EPS also exceeded consensus estimates. JFrog Q2 results and outlook
• Neutral Sentiment: Analyst sentiment remains favorable, with recent Buy ratings and price targets generally ranging from $85 to $110, although the median target of $85 provides less upside than the most optimistic forecasts.
• Negative Sentiment: Insider trading data shows 77 open-market sales and no purchases by insiders during the past six months. These sales may reflect compensation or diversification, but the absence of insider buying is a potential cautionary signal.

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.