JFrog (NASDAQ:FROG) Stock Rating Upgraded by Royal Bank Of Canada

JFrog (NASDAQ:FROG) was upgraded by analysts at Royal Bank Of Canada to a “moderate buy” rating in a research note issued to investors on Tuesday,Zacks.com reports.

FROG has been the subject of several other reports. BTIG Research raised their price target on JFrog from $100.00 to $115.00 and gave the company a “buy” rating in a report on Friday, August 7th. Wall Street Zen lowered JFrog from a “buy” rating to a “hold” rating in a report on Sunday. Stifel Nicolaus increased their price objective on JFrog from $75.00 to $85.00 and gave the stock a “buy” rating in a research report on Tuesday, May 26th. KeyCorp raised their target price on JFrog from $89.00 to $114.00 and gave the company an “overweight” rating in a report on Friday, August 7th. Finally, DA Davidson boosted their target price on shares of JFrog from $90.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Twenty-two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $106.36.

JFrog Stock Up 3.7%

Shares of FROG stock opened at $92.80 on Tuesday. JFrog has a 52-week low of $34.05 and a 52-week high of $99.22. The stock’s 50-day moving average price is $87.34 and its 200 day moving average price is $66.41. The stock has a market capitalization of $11.44 billion, a PE ratio of -250.80 and a beta of 1.22.

JFrog (NASDAQ:FROG) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.03. The firm had revenue of $163.77 million for the quarter, compared to analyst estimates of $155.63 million. JFrog had a negative net margin of 7.35% and a negative return on equity of 2.71%. JFrog’s quarterly revenue was up 28.7% on a year-over-year basis. During the same period last year, the firm posted $0.18 EPS. JFrog has set its Q3 2026 guidance at 0.220-0.240 EPS and its FY 2026 guidance at 0.960-1.000 EPS. Analysts expect that JFrog will post -0.11 earnings per share for the current fiscal year.

Insider Transactions at JFrog

In related news, Director Barry Zwarenstein sold 1,250 shares of the company’s stock in a transaction that occurred on Thursday, July 23rd. The stock was sold at an average price of $80.10, for a total value of $100,125.00. Following the sale, the director owned 31,687 shares in the company, valued at $2,538,128.70. This represents a 3.80% decrease in their position. 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, CTO Yoav Landman sold 45,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $90.86, for a total value of $4,088,700.00. Following the completion of the transaction, the chief technology officer directly owned 5,448,338 shares of the company’s stock, valued at $495,035,990.68. The trade was a 0.82% 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. In the last 90 days, insiders have sold 875,334 shares of company stock worth $76,586,337. 11.80% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Millstone Evans Group LLC boosted its position in shares of JFrog by 242.6% in the 1st quarter. Millstone Evans Group LLC now owns 603 shares of the company’s stock worth $28,000 after buying an additional 427 shares in the last quarter. Western Wealth Management LLC purchased a new position in JFrog during the 1st quarter valued at about $30,000. Bessemer Group Inc. acquired a new position in JFrog during the first quarter worth about $36,000. Farther Finance Advisors LLC raised its position in JFrog by 318.7% during the fourth quarter. Farther Finance Advisors LLC now owns 628 shares of the company’s stock worth $39,000 after acquiring an additional 478 shares during the last quarter. Finally, Employees Retirement System of Texas purchased a new stake in shares of JFrog in the fourth quarter valued at about $44,000. Institutional investors and hedge funds own 85.02% of the company’s stock.

JFrog Company Profile

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.