JFrog (NASDAQ:FROG) Releases FY 2026 Earnings Guidance

JFrog (NASDAQ:FROG) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.930-0.970 for the period, compared to the consensus estimate of 0.680. The company issued revenue guidance of $628.0 million-$632.0 million, compared to the consensus revenue estimate of $627.5 million. JFrog also updated its Q2 2026 guidance to 0.230-0.25 EPS.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Evercore set a $80.00 target price on shares of JFrog in a research note on Thursday, February 26th. Cantor Fitzgerald restated an “overweight” rating and set a $80.00 target price on shares of JFrog in a report on Wednesday, April 22nd. Piper Sandler decreased their price target on shares of JFrog from $70.00 to $65.00 and set a “neutral” rating on the stock in a research note on Friday, February 13th. TD Cowen decreased their price target on JFrog from $80.00 to $70.00 and set a “buy” rating on the stock in a report on Wednesday, April 15th. Finally, Canaccord Genuity Group decreased their price target on JFrog from $75.00 to $66.00 and set a “buy” rating on the stock in a report on Friday, February 13th. 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 stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $74.47.

JFrog Trading Up 23.7%

Shares of FROG opened at $70.55 on Friday. JFrog has a 12 month low of $34.05 and a 12 month high of $72.06. The firm’s 50 day moving average is $44.84 and its 200-day moving average is $52.80. The stock has a market capitalization of $8.55 billion, a PE ratio of -133.11 and a beta of 1.02.

JFrog (NASDAQ:FROG) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.05. The company had revenue of $153.98 million for the quarter, compared to analysts’ expectations of $147.45 million. JFrog had a negative return on equity of 4.70% and a negative net margin of 10.93%.JFrog’s revenue was up 25.8% on a year-over-year basis. During the same quarter last year, the business earned $0.20 earnings per share. JFrog has set its FY 2026 guidance at 0.930-0.970 EPS and its Q2 2026 guidance at 0.230-0.25 EPS. Equities research analysts predict that JFrog will post -0.21 earnings per share for the current fiscal year.

Insider Activity at JFrog

In other news, CTO Yoav Landman sold 15,000 shares of the company’s stock in a transaction dated Friday, April 10th. The shares were sold at an average price of $42.87, for a total transaction of $643,050.00. Following the transaction, the chief technology officer owned 5,828,437 shares in the company, valued at approximately $249,865,094.19. This represents a 0.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Tali Notman sold 21,097 shares of the firm’s stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $41.28, for a total transaction of $870,884.16. Following the completion of the transaction, the executive directly owned 752,598 shares in the company, valued at approximately $31,067,245.44. The trade was a 2.73% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 320,003 shares of company stock valued at $14,194,781 in the last quarter. Insiders own 11.80% of the company’s stock.

Key Stories Impacting JFrog

Here are the key news stories impacting JFrog this week:

• Positive Sentiment: JFrog reported Q1 revenue of about $154.0 million and non-GAAP EPS of $0.27, both ahead of estimates, signaling continued execution and healthy growth. JFrog Announces First Quarter 2026 Results
• Positive Sentiment: The company raised its Q2 2026 outlook to EPS of $0.23-$0.25 and revenue of $154 million-$156 million, both above consensus, which supports expectations for accelerating near-term performance. JFrog forecasts $628M-$632M FY 2026 revenue as cloud mix passes 50%
• Positive Sentiment: JFrog lifted full-year 2026 guidance to EPS of $0.93-$0.97 and revenue of $628 million-$632 million, reinforcing the view that momentum is improving into the rest of the year. JFrog Ltd. (FROG) Q1 2026 Earnings Call Transcript
• Positive Sentiment: Several analysts turned more bullish after the report, with JPMorgan, BTIG and Needham raising price targets, which can add to investor confidence and buying pressure. Analyst price target updates
• Neutral Sentiment: Coverage also highlighted JFrog as a way to play demand tied to AI development tools, an ongoing narrative that could support the stock if cloud usage continues to accelerate. JFrog emerges as prime way to play AI coding agent demand: analysts

Institutional Trading of JFrog

A number of institutional investors have recently modified their holdings of FROG. Invesco Ltd. increased its stake in shares of JFrog by 6,868.3% in the 4th quarter. Invesco Ltd. now owns 2,104,071 shares of the company’s stock worth $131,420,000 after acquiring an additional 2,073,876 shares in the last quarter. State of Tennessee Department of Treasury bought a new stake in JFrog during the fourth quarter valued at approximately $246,000. Empowered Funds LLC bought a new stake in JFrog during the fourth quarter valued at approximately $503,000. Verdad Advisers LP bought a new stake in JFrog during the fourth quarter valued at approximately $421,000. Finally, Numerai GP LLC grew its position in JFrog by 73.8% during the fourth quarter. Numerai GP LLC now owns 23,916 shares of the company’s stock valued at $1,494,000 after buying an additional 10,155 shares during the period. 85.02% of the stock is currently owned by hedge funds and other institutional investors.

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.