JFrog (NASDAQ:FROG) Issues Q3 2026 Earnings Guidance

JFrog (NASDAQ:FROG) updated its third quarter 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 0.220-0.240 for the period, compared to the consensus earnings per share estimate of 0.160. The company issued revenue guidance of $164.0 million-$166.0 million, compared to the consensus revenue estimate of $158.9 million. JFrog also updated its FY 2026 guidance to 0.960-1.000 EPS.

JFrog Stock Up 7.0%

NASDAQ:FROG traded up $5.84 on Friday, hitting $88.88. The stock had a trading volume of 2,117,472 shares, compared to its average volume of 3,017,148. JFrog has a 1-year low of $34.05 and a 1-year high of $99.22. The stock has a market cap of $10.76 billion, a price-to-earnings ratio of -167.56 and a beta of 1.22. The company has a fifty day moving average price of $84.96 and a two-hundred day moving average price of $62.93.

JFrog (NASDAQ:FROG) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.27 earnings per share (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 10.93% and a negative return on equity of 4.61%. JFrog’s revenue was up 28.7% on a year-over-year basis. During the same period in the previous 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. As a group, analysts anticipate that JFrog will post -0.15 earnings per share for the current year.

Wall Street Analyst Weigh In

FROG has been the subject of several research reports. Cantor Fitzgerald lifted their target price on shares of JFrog from $80.00 to $100.00 and gave the company an “overweight” rating in a report on Monday. Oppenheimer raised their price target on JFrog from $105.00 to $115.00 and gave the stock an “outperform” rating in a research report on Friday. DA Davidson set a $115.00 price objective on JFrog in a research note on Friday. UBS Group reiterated a “buy” rating and issued a $120.00 price objective on shares of JFrog in a report on Friday. Finally, Raymond James Financial set a $120.00 target price on JFrog in a research note on Friday. Twenty-one research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $103.90.

Insider Buying and Selling at JFrog

In other JFrog news, CFO Eduard Grabscheid sold 5,654 shares of JFrog stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $84.69, for a total transaction of $478,837.26. Following the completion of the sale, the chief financial officer directly owned 209,658 shares of the company’s stock, valued at $17,755,936.02. The trade was a 2.63% decrease in their position. The sale 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Ben Haim Shlomi sold 15,000 shares of the company’s stock in a transaction dated Wednesday, July 8th. The stock was sold at an average price of $94.37, for a total value of $1,415,550.00. Following the transaction, the chief executive officer directly owned 4,577,237 shares of the company’s stock, valued at approximately $431,953,855.69. This represents a 0.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 938,649 shares of company stock worth $76,347,827. 11.80% of the stock is currently owned by company insiders.

JFrog News Roundup

Here are the key news stories impacting JFrog this week:

• Positive Sentiment: Quarterly results exceeded expectations: JFrog reported adjusted EPS of $0.27 versus the $0.24 consensus estimate, while revenue rose 28.7% year over year to $163.77 million, above expectations of $155.63 million. EPS also increased from $0.18 in the prior-year quarter. JFrog Ltd. Surpasses Q2 Earnings and Revenue Estimates
• Positive Sentiment: Cloud momentum and customer expansion improved: Cloud revenue reached $87.5 million, up 53% year over year, while JFrog reported 97 customers generating more than $1 million in annual recurring revenue and 121% net dollar retention. JFrog Stock Jumps as Q2 Results Top Guidance
• Positive Sentiment: Guidance was raised above analyst expectations: Fiscal 2026 revenue is now projected at $648 million-$652 million and adjusted EPS at $0.96-$1.00, compared with consensus estimates of $632.5 million and $0.73, respectively. Third-quarter guidance also topped consensus for both revenue and EPS. JFrog Analyst Coverage
• Positive Sentiment: Analysts raised targets: Oppenheimer lifted its target to $115 and kept an “outperform” rating; BTIG raised its target to $115 with a “buy” rating; and Truist increased its target to $110 with a “buy” rating. Each target implies meaningful upside from recent trading levels.
• Neutral Sentiment: Broader software stocks also moved higher as solid earnings reports eased concerns that artificial intelligence could disrupt software companies, providing an additional sector tailwind for FROG. Stocks That Explain Today’s Market
• Negative Sentiment: JFrog continues to report a negative net margin and negative return on equity. In addition, reported insider activity showed selling but no purchases over the past six months, which may temper investor enthusiasm despite the strong operating outlook.

Institutional Investors Weigh In On JFrog

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Whale Rock Capital Management LLC increased its holdings in shares of JFrog by 82.2% in the fourth 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 during the period. Invesco Ltd. grew its position in JFrog by 6,868.3% in the 4th quarter. Invesco Ltd. now owns 2,104,071 shares of the company’s stock valued at $131,420,000 after buying an additional 2,073,876 shares during the last quarter. Morgan Stanley increased its stake in JFrog by 550.2% in the 4th quarter. Morgan Stanley now owns 1,562,151 shares of the company’s stock valued at $97,572,000 after buying an additional 1,321,899 shares during the period. Lazard Asset Management LLC raised its position in JFrog by 1,669.6% during the 3rd quarter. Lazard Asset Management LLC now owns 1,185,416 shares of the company’s stock worth $56,106,000 after buying an additional 1,118,427 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its stake in shares of JFrog by 234.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,103,090 shares of the company’s stock worth $68,899,000 after acquiring an additional 773,597 shares during the period. 85.02% of the stock is owned by hedge funds and other institutional investors.

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.