JFrog (NASDAQ:FROG) Given New $110.00 Price Target at Truist Financial

JFrog (NASDAQ:FROG) had its price target increased by Truist Financial from $105.00 to $110.00 in a research note issued to investors on Friday, MarketBeat.com reports. They currently have a buy rating on the stock.

Several other equities analysts have also recently issued reports on the company. Guggenheim raised their price target on JFrog from $105.00 to $115.00 and gave the company a “buy” rating in a report on Friday. TD Cowen upped their price objective on shares of JFrog from $80.00 to $100.00 and gave the company a “buy” rating in a research report on Thursday, June 18th. Morgan Stanley set a $100.00 target price on JFrog in a research note on Friday. Cantor Fitzgerald lifted their price target on JFrog from $80.00 to $100.00 and gave the company an “overweight” rating in a research note on Monday, August 3rd. Finally, Bank of America lifted 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. Twenty-one equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $105.81.

JFrog Price Performance

NASDAQ FROG opened at $89.52 on Friday. The stock’s 50 day simple moving average is $85.16 and its 200 day simple moving average is $63.11. The firm has a market cap of $10.84 billion, a PE ratio of -241.94 and a beta of 1.22. JFrog has a one year low of $34.05 and a one year high of $99.22.

JFrog (NASDAQ:FROG) last announced its earnings results 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 2.76% and a negative net margin of 7.35%.The company had revenue of $163.77 million during the quarter, compared to analyst estimates of $155.63 million. During the same period last year, the company posted $0.18 earnings per share. The firm’s quarterly revenue was up 28.7% compared to the same quarter last year. 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, equities analysts expect that JFrog will post -0.15 earnings per share for the current year.

Insiders Place Their Bets

In other JFrog news, CEO Ben Haim Shlomi sold 93,072 shares of the company’s stock in a transaction that occurred 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 sale, the chief executive officer owned 4,658,236 shares in the company, valued at $394,086,765.60. This represents a 1.96% decrease in their ownership of the stock. The transaction was disclosed in a filing 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, Director Frederic Simon sold 120,000 shares of the stock in a transaction on Monday, June 1st. The shares were sold at an average price of $85.84, for a total value of $10,300,800.00. Following the completion of the sale, the director owned 3,224,328 shares in the company, valued at approximately $276,776,315.52. This trade represents a 3.59% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 938,649 shares of company stock valued at $76,347,827 over the last 90 days. 11.80% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in FROG. UBS Group AG increased its position in JFrog by 293.8% during the fourth quarter. UBS Group AG now owns 296,419 shares of the company’s stock worth $18,514,000 after acquiring an additional 221,155 shares during the period. Summit Partners Public Asset Management LLC raised its position in JFrog by 77.8% during the fourth quarter. Summit Partners Public Asset Management LLC now owns 1,587,525 shares of the company’s stock valued at $99,157,000 after purchasing an additional 694,700 shares in the last quarter. Dana Investment Advisors Inc. acquired a new position in shares of JFrog during the 4th quarter worth $2,013,000. Robeco Schweiz AG acquired a new position in JFrog during the fourth quarter worth about $11,293,000. Finally, AMJ Financial Wealth Management acquired a new position in JFrog during the 4th quarter worth approximately $4,077,000. Institutional investors own 85.02% of the company’s stock.

More JFrog News

Here are the key news stories impacting JFrog this week:

• Positive Sentiment: Q2 results beat expectations. JFrog reported adjusted earnings of $0.27 per share versus the $0.24 consensus estimate, while revenue rose 28.7% year over year to $163.8 million, above both analyst expectations and the company’s prior guidance. JFrog Q2 Earnings Beat Estimates on Cloud and Security Growth
• Positive Sentiment: Cloud and security momentum strengthened. Cloud revenue jumped 53% to approximately $87.5 million, representing 53% of total revenue. JFrog also reported 97 customers with more than $1 million in annual recurring revenue and 121% net dollar retention, supporting the company’s expansion and recurring-revenue outlook. JFrog stock jumps as Q2 results top guidance and full-year outlook moves higher
• Positive Sentiment: JFrog raised its outlook. Fiscal 2026 revenue guidance increased to $648 million-$652 million from $628 million-$632 million, while adjusted EPS guidance rose to $0.96-$1.00. Third-quarter guidance of $164 million-$166 million in revenue and $0.22-$0.24 in EPS also exceeds consensus estimates. JFrog forecasts 2026 revenue amid cloud growth outlook
• Positive Sentiment: Analysts raised targets following the report. Benchmark raised its target to $120 and JPMorgan, Oppenheimer, and BTIG lifted theirs to $115. Truist increased its target to $110, while Piper Sandler raised its target to $90 but retained a neutral rating. Analyst price-target updates
• Neutral Sentiment: Software stocks broadly moved higher as solid earnings reduced concerns about artificial-intelligence disruption, providing a favorable sector backdrop for FROG. Stocks that explain today’s market
• Negative Sentiment: Recent insider-trading data shows company insiders recorded numerous open-market sales and no purchases over the past six months. This may temper enthusiasm, although the selling can also reflect scheduled transactions or equity compensation.

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.