Bullfrog AI (BFRG) to Release Quarterly Earnings on Wednesday

Bullfrog AI (NASDAQ:BFRG) will likely be announcing its results before the market opens on Wednesday, August 12th. Analysts expect the company to post earnings of ($0.11) per share for the quarter.

Bullfrog AI (NASDAQ:BFRG) last posted its quarterly earnings results on Thursday, May 14th. The company reported ($0.12) earnings per share for the quarter. On average, analysts expect Bullfrog AI to post $-0 EPS for the current fiscal year and $-0 EPS for the next fiscal year.

Bullfrog AI Trading Up 7.4%

Shares of NASDAQ:BFRG opened at $0.62 on Wednesday. The stock has a fifty day simple moving average of $0.67 and a two-hundred day simple moving average of $0.70. The stock has a market capitalization of $11.45 million, a price-to-earnings ratio of -1.14 and a beta of -2.70. Bullfrog AI has a 12-month low of $0.43 and a 12-month high of $2.04.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Weiss Ratings raised Bullfrog AI from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday. Wall Street Zen raised Bullfrog AI from a “sell” rating to a “hold” rating in a research report on Saturday, July 4th. Finally, Zacks Research upgraded shares of Bullfrog AI to a “hold” rating in a research note on Friday, June 26th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce”.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Bullfrog AI stock. DRW Securities LLC bought a new position in Bullfrog AI Holdings Inc. (NASDAQ:BFRG) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 102,062 shares of the company’s stock, valued at approximately $90,000. DRW Securities LLC owned about 0.89% of Bullfrog AI at the end of the most recent quarter. Institutional investors and hedge funds own 0.96% of the company’s stock.

About Bullfrog AI

Bullfrog AI, Inc (NASDAQ: BFRG) is a technology company specializing in AI-driven knowledge management and enterprise search solutions. The firm offers a cloud-native platform designed to help organizations surface, organize and analyze unstructured data across multiple sources. By leveraging machine learning, natural language processing and knowledge graph techniques, Bullfrog AI enables users to discover relevant insights from documents, emails, databases and other repositories in real time.

The company’s flagship product is the Bullfrog Enterprise Intelligence Platform, which combines semantic search, contextual relevance ranking and generative AI capabilities.