JFrog (NASDAQ:FROG) Price Target Raised to $115.00 at JPMorgan Chase & Co.

JFrog (NASDAQ:FROG) had its target price hoisted by JPMorgan Chase & Co. from $100.00 to $115.00 in a research report sent to investors on Friday morning,Benzinga reports. The brokerage currently has an overweight rating on the stock.

Other research analysts also recently issued reports about the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of JFrog in a report on Friday, July 17th. Canaccord Genuity Group set a $105.00 price objective on JFrog in a report on Friday. Oppenheimer boosted their price objective on JFrog from $105.00 to $115.00 and gave the stock an “outperform” rating in a research report on Friday. BTIG Research upped their target price on JFrog from $100.00 to $115.00 and gave the stock a “buy” rating in a report on Friday. Finally, Barclays reiterated an “overweight” rating and issued a $110.00 target price on shares of JFrog in a research report on Friday. Twenty-one analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, JFrog presently has a consensus rating of “Moderate Buy” and an average target price of $105.81.

JFrog Trading Up 7.8%

Shares of JFrog stock opened at $89.52 on Friday. The firm has a market capitalization of $10.84 billion, a PE ratio of -241.94 and a beta of 1.22. The firm’s 50 day moving average is $85.16 and its 200 day moving average is $63.11. JFrog has a 1 year low of $34.05 and a 1 year high of $99.22.

JFrog (NASDAQ:FROG) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.24 by $0.03. The business had revenue of $163.77 million during the quarter, compared to the consensus estimate of $155.63 million. JFrog had a negative net margin of 7.35% and a negative return on equity of 2.76%. The firm’s revenue was up 28.7% compared to the same quarter last year. During the same quarter in the prior 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, research analysts anticipate that JFrog will post -0.15 earnings per share for the current year.

Insider Buying and Selling

In related news, CRO Tali Notman sold 22,015 shares of the stock in a transaction on Friday, June 5th. The stock was sold at an average price of $83.95, for a total value of $1,848,159.25. Following the completion of the sale, the executive directly owned 706,629 shares in the company, valued at $59,321,504.55. This represents a 3.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Eduard Grabscheid sold 5,654 shares of the firm’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $84.69, for a total value of $478,837.26. Following the transaction, the chief financial officer directly owned 209,658 shares of the company’s stock, valued at approximately $17,755,936.02. This represents a 2.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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. Insiders have sold a total of 938,649 shares of company stock valued at $76,347,827 over the last quarter. 11.80% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On JFrog

A number of hedge funds have recently made changes to their positions in the stock. Royal Bank of Canada lifted its stake in shares of JFrog by 48.4% in the first quarter. Royal Bank of Canada now owns 189,148 shares of the company’s stock worth $6,053,000 after acquiring an additional 61,685 shares during the period. Cubist Systematic Strategies LLC acquired a new stake in JFrog during the 1st quarter valued at approximately $205,000. AQR Capital Management LLC acquired a new stake in JFrog during the 1st quarter valued at approximately $368,000. Integrated Wealth Concepts LLC bought a new position in JFrog during the 1st quarter worth approximately $203,000. Finally, Goldman Sachs Group Inc. raised its holdings in JFrog by 14.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 692,909 shares of the company’s stock worth $22,173,000 after purchasing an additional 88,784 shares during the last quarter. 85.02% of the stock is currently owned by institutional investors.

JFrog News Roundup

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.