JFrog Ltd. (NASDAQ:FROG) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of JFrog Ltd. (NASDAQ:FROG) have been assigned an average recommendation of “Moderate Buy” from the eighteen brokerages that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and fifteen have given a buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $53.1250.

FROG has been the topic of a number of recent analyst reports. Morgan Stanley boosted their price target on JFrog from $50.00 to $65.00 and gave the stock an “overweight” rating in a research report on Monday, October 6th. Needham & Company LLC reaffirmed a “buy” rating and issued a $55.00 target price on shares of JFrog in a research report on Wednesday, September 10th. Robert W. Baird upped their target price on JFrog from $52.00 to $58.00 and gave the company an “outperform” rating in a research report on Thursday, September 11th. Canaccord Genuity Group upped their target price on JFrog from $52.00 to $55.00 and gave the company a “buy” rating in a research report on Thursday, September 11th. Finally, Cowen reaffirmed a “buy” rating on shares of JFrog in a research report on Friday.

JFrog Stock Up 1.4%

Shares of NASDAQ FROG opened at $47.34 on Friday. The business’s 50 day moving average price is $47.69 and its two-hundred day moving average price is $42.11. The company has a market cap of $5.53 billion, a PE ratio of -61.48 and a beta of 1.05. JFrog has a twelve month low of $27.00 and a twelve month high of $51.94.

JFrog (NASDAQ:FROG) last announced its quarterly earnings results on Thursday, August 7th. The company reported $0.18 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.02. The firm had revenue of $127.20 million for the quarter, compared to the consensus estimate of $122.80 million. JFrog had a negative return on equity of 7.54% and a negative net margin of 18.18%.The business’s revenue was up 23.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.15 earnings per share. JFrog has set its FY 2025 guidance at 0.680-0.70 EPS. Q3 2025 guidance at 0.150-0.17 EPS. As a group, research analysts anticipate that JFrog will post -0.33 EPS for the current fiscal year.

Insider Activity

In other news, CTO Yoav Landman sold 102,419 shares of the company’s stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $49.73, for a total value of $5,093,296.87. Following the transaction, the chief technology officer owned 6,081,087 shares of the company’s stock, valued at approximately $302,412,456.51. This represents a 1.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Ben Haim Shlomi sold 38,159 shares of the company’s stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $50.32, for a total value of $1,920,160.88. Following the completion of the transaction, the chief executive officer directly owned 4,899,512 shares in the company, valued at $246,543,443.84. The trade was a 0.77% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 480,120 shares of company stock valued at $23,018,027. 14.10% of the stock is owned by insiders.

Institutional Investors Weigh In On JFrog

Large investors have recently added to or reduced their stakes in the stock. Signaturefd LLC grew its position in JFrog by 90.9% during the first quarter. Signaturefd LLC now owns 1,254 shares of the company’s stock worth $40,000 after buying an additional 597 shares in the last quarter. PNC Financial Services Group Inc. grew its position in JFrog by 32.4% during the first quarter. PNC Financial Services Group Inc. now owns 1,344 shares of the company’s stock worth $43,000 after buying an additional 329 shares in the last quarter. Tower Research Capital LLC TRC grew its position in JFrog by 7,185.4% during the second quarter. Tower Research Capital LLC TRC now owns 2,987 shares of the company’s stock worth $131,000 after buying an additional 2,946 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in JFrog during the second quarter worth approximately $136,000. Finally, Bayforest Capital Ltd acquired a new stake in JFrog during the first quarter worth approximately $104,000. Institutional investors and hedge funds own 85.02% of the company’s stock.

JFrog Company Profile

JFrog Ltd. provides end-to-end hybrid software supply chain platform in the United States, Israel, India, and internationally. The company offers JFrog Artifactory, a package repository that allows teams and organizations to store, update, and manage their software packages; JFrog Curation that functions as a guardian outside the software development pipeline, controlling the admission of packages into an organization, primarily from open source or public repositories; JFrog Xray, which scans JFrog Artifactory to secure all software packages; JFrog Advanced Security, an optional add-on for select JFrog subscriptions; and JFrog Distribution that provides software package distribution.