JFrog Ltd. (NASDAQ:FROG) Stock Has Average Target Price of $109.48

Shares of JFrog Ltd. (NASDAQ:FROG) have received an average recommendation of “Moderate Buy” from the twenty-three ratings firms that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and twenty-one have given a buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $109.48.

A number of brokerages recently issued reports on FROG. Stifel Nicolaus set a $102.00 price objective on shares of JFrog in a research note on Friday, September 4th. Piper Sandler upped their price objective on JFrog from $65.00 to $90.00 and gave the company a “neutral” rating in a research note on Friday, August 7th. KeyCorp raised their target price on JFrog from $89.00 to $114.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Cantor Fitzgerald raised their price target on shares of JFrog from $80.00 to $100.00 and gave the stock an “overweight” rating in a report on Monday, August 3rd. Finally, Benchmark boosted their price objective on JFrog from $100.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, August 7th.

Insider Activity

In related news, CTO Yoav Landman sold 249,300 shares of the stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $100.72, for a total value of $25,109,496.00. Following the transaction, the chief technology officer directly owned 5,199,038 shares in the company, valued at $523,647,107.36. This trade represents a 4.58% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Shlomi Ben Haim sold 45,700 shares of the company’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $85.35, for a total transaction of $3,900,495.00. Following the transaction, the chief executive officer owned 4,449,305 shares in the company, valued at approximately $379,748,181.75. The trade was a 1.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 960,453 shares of company stock worth $90,577,116. Company insiders own 11.80% of the company’s stock.

Institutional Trading of JFrog

Several institutional investors and hedge funds have recently modified their holdings of FROG. Millstone Evans Group LLC raised its holdings in shares of JFrog by 242.6% in the first quarter. Millstone Evans Group LLC now owns 603 shares of the company’s stock valued at $28,000 after purchasing an additional 427 shares during the last quarter. Allworth Financial LP raised its stake in shares of JFrog by 83.1% in the second quarter. Allworth Financial LP now owns 648 shares of the company’s stock valued at $59,000 after buying an additional 294 shares during the period. Western Wealth Management LLC purchased a new stake in JFrog during the first quarter valued at about $30,000. Caitong International Asset Management Co. Ltd lifted its stake in shares of JFrog by 12,566.7% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 760 shares of the company’s stock valued at $47,000 after buying an additional 754 shares in the last quarter. Finally, Bessemer Group Inc. purchased a new stake in shares of JFrog during the first quarter worth $36,000. 85.02% of the stock is owned by hedge funds and other institutional investors.

JFrog Stock Up 5.1%

Shares of JFrog stock opened at $102.23 on Friday. The company has a market capitalization of $12.60 billion, a price-to-earnings ratio of -276.29 and a beta of 1.24. JFrog has a 12-month low of $34.05 and a 12-month high of $105.76. The firm’s 50-day moving average price is $91.99 and its two-hundred day moving average price is $77.30.

JFrog (NASDAQ:FROG) last released its earnings results on Thursday, August 6th. The company reported $0.27 EPS for the quarter, beating the consensus estimate 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%. The business’s quarterly revenue was up 28.7% compared to the same quarter last year. During the same period last year, the firm earned $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. On average, sell-side analysts expect that JFrog will post -0.11 earnings per share for the current year.

About JFrog

JFrog Ltd. develops a software supply chain platform that helps organizations build, manage, secure and distribute software across cloud, on-premises and hybrid environments. Its platform is designed to support DevOps and DevSecOps workflows by connecting software development, security and operations teams throughout the application lifecycle.

The company’s product portfolio includes JFrog Artifactory, a repository for storing and managing software packages and artifacts; JFrog Xray, which provides security and compliance analysis; and tools for software release automation, distribution, artifact curation and runtime protection.