Needham & Company LLC Reiterates “Buy” Rating for JFrog (NASDAQ:FROG)

JFrog (NASDAQ:FROG)‘s stock had its “buy” rating reissued by equities research analysts at Needham & Company LLC in a research report issued on Thursday, Benzinga reports. They currently have a $115.00 target price on the stock. Needham & Company LLC’s price target indicates a potential upside of 25.37% from the company’s current price.

FROG has been the topic of several other research reports. UBS Group increased their price target on shares of JFrog from $110.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Bank of America upped their price objective on shares of JFrog from $85.00 to $100.00 and gave the company a “buy” rating in a report on Monday, June 8th. Weiss Ratings reiterated a “sell (d-)” rating on shares of JFrog in a research note on Friday, July 17th. TD Cowen raised their target price on shares of JFrog from $100.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Finally, Citigroup restated a “buy” rating on shares of JFrog in a research report on Monday, June 8th. Twenty-two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, JFrog presently has a consensus rating of “Moderate Buy” and an average target price of $106.36.

JFrog Stock Performance

JFrog stock opened at $91.73 on Thursday. The business’s 50-day simple moving average is $89.06 and its two-hundred day simple moving average is $68.02. The company has a market cap of $11.31 billion, a PE ratio of -247.91 and a beta of 1.28. JFrog has a fifty-two week low of $34.05 and a fifty-two week high of $105.76.

JFrog (NASDAQ:FROG) last announced 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. JFrog had a negative return on equity of 2.71% and a negative net margin of 7.35%.The business had revenue of $163.77 million for the quarter, compared to analyst estimates of $155.63 million. During the same period in the prior year, the company earned $0.18 earnings per share. 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. As a group, analysts predict that JFrog will post -0.11 EPS for the current fiscal year.

Insider Buying and Selling at JFrog

In other news, CEO Ben Haim Shlomi sold 15,000 shares of JFrog stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $91.00, for a total transaction of $1,365,000.00. Following the completion of the transaction, the chief executive officer directly owned 4,562,237 shares of the company’s stock, valued at $415,163,567. The trade was a 0.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Elisa Steele sold 554 shares of the business’s stock in a transaction on Friday, August 28th. The shares were sold at an average price of $103.41, for a total transaction of $57,289.14. Following the completion of the transaction, the director owned 23,750 shares of the company’s stock, valued at approximately $2,455,987.50. This represents a 2.28% 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. Over the last ninety days, insiders have sold 824,140 shares of company stock worth $76,301,888. 11.80% of the stock is currently owned by insiders.

Institutional Investors Weigh In On JFrog

Several hedge funds have recently modified their holdings of the company. California State Teachers Retirement System grew its position in shares of JFrog by 9,666.3% during the 2nd quarter. California State Teachers Retirement System now owns 10,839,803 shares of the company’s stock valued at $985,121,000 after acquiring an additional 10,728,811 shares during the period. Whale Rock Capital Management LLC increased its stake in shares of JFrog by 82.2% in the 4th quarter. Whale Rock Capital Management LLC now owns 5,297,812 shares of the company’s stock valued at $330,901,000 after purchasing an additional 2,389,415 shares in the last quarter. Wasatch Advisors LP raised its holdings in JFrog by 187.4% in the 1st quarter. Wasatch Advisors LP now owns 4,156,033 shares of the company’s stock worth $195,043,000 after purchasing an additional 2,710,167 shares during the period. First Trust Advisors LP boosted its position in JFrog by 85,066.4% during the first quarter. First Trust Advisors LP now owns 3,362,370 shares of the company’s stock worth $157,796,000 after purchasing an additional 3,358,422 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its position in JFrog by 30.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,683,153 shares of the company’s stock worth $167,590,000 after purchasing an additional 633,231 shares in the last quarter. 85.02% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about JFrog

Here are the key news stories impacting JFrog this week:

• Positive Sentiment: JFrog announced a partnership with Wiz to improve protection against AI-era software-supply-chain threats. The collaboration could strengthen JFrog’s security offering and expand its enterprise reach. JFrog Partners with Wiz to Close the Gap on AI-Era Threats
• Positive Sentiment: The company highlighted new capabilities including zero-touch remediation, continuous compliance, and security tools designed for agentic software development. These initiatives may broaden JFrog’s addressable market and increase platform adoption. JFrog Introduces Zero-Touch Remediation
• Neutral Sentiment: Director Elisa Steele sold 554 shares for approximately $57,000 under a pre-arranged Rule 10b5-1 plan. The relatively small sale and planned nature reduce its value as a discretionary signal. Elisa Steele insider profile
• Negative Sentiment: JFrog CTO Yoav Landman sold 249,300 shares worth about $25.1 million. Although the transaction was reportedly made under a 10b5-1 plan and he retained a substantial stake, the size of the sale could pressure investor confidence. JFrog CTO Sells Stock
• Negative Sentiment: Multiple security publications reported active exploitation of a critical JFrog Artifactory flaw that can allow attackers to forge administrative tokens and potentially gain broad control. The reports raise concerns about customer exposure, emergency remediation, reputational damage, and possible pressure on future sales. Hackers Exploit Critical JFrog Artifactory Flaw Exploited JFrog Artifactory Bug

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.