JFrog (NASDAQ:FROG) Hits New 12-Month High – Should You Buy?

JFrog Ltd. (NASDAQ:FROG)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $89.55 and last traded at $89.0370, with a volume of 926902 shares traded. The stock had previously closed at $87.58.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Wall Street Zen lowered shares of JFrog from a “buy” rating to a “hold” rating in a research report on Saturday, March 21st. Cantor Fitzgerald restated an “overweight” rating on shares of JFrog in a research report on Monday, June 15th. Bank of America upped their price target on shares of JFrog from $85.00 to $100.00 and gave the company a “buy” rating in a report on Monday, June 8th. BTIG Research increased their price target on shares of JFrog from $60.00 to $80.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Finally, Stifel Nicolaus raised their price objective on shares of JFrog from $75.00 to $85.00 and gave the stock a “buy” rating in a research note on Tuesday, May 26th. Twenty-one equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $81.62.

JFrog Stock Up 1.7%

The firm has a market cap of $10.79 billion, a price-to-earnings ratio of -169.33 and a beta of 1.23. The business has a 50 day moving average of $68.73 and a 200 day moving average of $58.10.

JFrog (NASDAQ:FROG) last announced its earnings results on Thursday, May 7th. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.05. JFrog had a negative net margin of 10.93% and a negative return on equity of 4.61%. The firm had revenue of $153.98 million during the quarter, compared to the consensus estimate of $147.45 million. During the same quarter in the previous year, the company posted $0.20 EPS. The firm’s revenue for the quarter was up 25.8% on a year-over-year basis. JFrog has set its FY 2026 guidance at 0.930-0.970 EPS and its Q2 2026 guidance at 0.230-0.25 EPS. Research analysts predict that JFrog Ltd. will post -0.15 earnings per share for the current year.

Insider Activity at JFrog

In other JFrog news, CEO Ben Haim Shlomi sold 93,072 shares of the business’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $84.60, for a total value of $7,873,891.20. Following the completion of the transaction, the chief executive officer directly owned 4,658,236 shares in the company, valued at approximately $394,086,765.60. The trade was a 1.96% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Yoav Landman sold 100,000 shares of the stock in a transaction on Monday, June 1st. The stock was sold at an average price of $81.47, for a total value of $8,147,000.00. Following the transaction, the chief technology officer directly owned 5,734,038 shares in the company, valued at approximately $467,152,075.86. This represents a 1.71% decrease in their position. 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 805,700 shares of company stock valued at $58,486,362. Company insiders own 11.80% of the company’s stock.

Institutional Investors Weigh In On JFrog

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Snowden Capital Advisors LLC lifted its position in JFrog by 1.7% during the second quarter. Snowden Capital Advisors LLC now owns 15,183 shares of the company’s stock worth $666,000 after buying an additional 253 shares during the period. Park Avenue Securities LLC grew its holdings in JFrog by 3.1% in the 4th quarter. Park Avenue Securities LLC now owns 9,362 shares of the company’s stock valued at $585,000 after buying an additional 279 shares during the period. Oppenheimer Asset Management Inc. increased its stake in shares of JFrog by 2.0% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 15,184 shares of the company’s stock valued at $948,000 after acquiring an additional 299 shares during the last quarter. Praxis Investment Management Inc. lifted its holdings in shares of JFrog by 8.0% during the 1st quarter. Praxis Investment Management Inc. now owns 4,430 shares of the company’s stock worth $208,000 after acquiring an additional 330 shares during the period. Finally, Integrated Wealth Concepts LLC lifted its holdings in shares of JFrog by 5.8% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 6,897 shares of the company’s stock worth $326,000 after acquiring an additional 377 shares during the period. Hedge funds and other institutional investors 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.