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

Shares of JFrog Ltd. (NASDAQ:FROG) have been assigned an average rating of “Moderate Buy” from the nineteen research firms that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, two have issued a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $64.3529.

FROG has been the subject of a number of recent analyst reports. KeyCorp raised their price target on JFrog from $71.00 to $79.00 and gave the stock an “overweight” rating in a research report on Tuesday, December 16th. Barclays increased their target price on JFrog from $57.00 to $67.00 and gave the stock an “overweight” rating in a research note on Friday, November 7th. TD Cowen lifted their target price on JFrog from $55.00 to $58.00 and gave the company a “buy” rating in a research report on Friday, October 17th. Oppenheimer upgraded shares of JFrog from a “market perform” rating to an “outperform” rating and set a $75.00 price target on the stock in a research note on Friday, November 7th. Finally, BTIG Research initiated coverage on shares of JFrog in a research report on Tuesday, December 16th. They set a “buy” rating and a $83.00 price target on the stock.

Insider Activity

In other JFrog news, Director Frederic Simon sold 67,500 shares of JFrog stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $60.08, for a total value of $4,055,400.00. Following the transaction, the director directly owned 3,753,286 shares in the company, valued at approximately $225,497,422.88. This trade represents a 1.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Yvonne Wassenaar sold 1,372 shares of the firm’s stock in a transaction that occurred on Monday, October 20th. The shares were sold at an average price of $47.94, for a total value of $65,773.68. Following the completion of the sale, the director directly owned 29,307 shares of the company’s stock, valued at $1,404,977.58. This represents a 4.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 397,229 shares of company stock valued at $23,710,457 over the last 90 days. Insiders own 14.10% of the company’s stock.

Institutional Investors Weigh In On JFrog

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Alliancebernstein L.P. lifted its holdings in JFrog by 1,974.0% during the 1st quarter. Alliancebernstein L.P. now owns 2,151,008 shares of the company’s stock worth $68,832,000 after buying an additional 2,047,294 shares during the last quarter. Eminence Capital LP bought a new stake in shares of JFrog in the 1st quarter valued at approximately $43,268,000. Norges Bank acquired a new stake in shares of JFrog during the 2nd quarter valued at approximately $50,968,000. Lazard Asset Management LLC lifted its stake in JFrog by 1,669.6% during the third quarter. Lazard Asset Management LLC now owns 1,185,416 shares of the company’s stock worth $56,106,000 after purchasing an additional 1,118,427 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. acquired a new position in JFrog in the third quarter worth $51,443,000. Hedge funds and other institutional investors own 85.02% of the company’s stock.

JFrog Price Performance

FROG opened at $62.46 on Friday. JFrog has a 1 year low of $27.00 and a 1 year high of $70.43. The firm has a fifty day moving average price of $60.42 and a 200 day moving average price of $50.54. The stock has a market cap of $7.39 billion, a P/E ratio of -89.23 and a beta of 1.13.

JFrog (NASDAQ:FROG) last announced its earnings results on Thursday, November 6th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.06. The business had revenue of $136.91 million for the quarter, compared to analyst estimates of $128.28 million. JFrog had a negative net margin of 15.88% and a negative return on equity of 6.69%. The company’s revenue for the quarter was up 25.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.15 earnings per share. JFrog has set its FY 2025 guidance at 0.780-0.800 EPS and its Q4 2025 guidance at 0.180-0.200 EPS. Equities analysts expect that JFrog will post -0.33 EPS for the current year.

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.