JFrog (NASDAQ:FROG) Now Covered by Guggenheim

Guggenheim initiated coverage on shares of JFrog (NASDAQ:FROG) in a research note issued to investors on Monday morning, Marketbeat reports. The firm issued a buy rating and a $60.00 price objective on the stock.

FROG has been the topic of several other reports. Stifel Nicolaus dropped their price target on JFrog from $64.00 to $52.00 and set a “buy” rating on the stock in a research report on Monday, February 23rd. Evercore set a $80.00 price objective on shares of JFrog in a report on Thursday, February 26th. BTIG Research lowered their target price on shares of JFrog from $83.00 to $70.00 and set a “buy” rating for the company in a research note on Friday, February 13th. DA Davidson dropped their target price on shares of JFrog from $75.00 to $65.00 and set a “buy” rating on the stock in a report on Friday, February 13th. Finally, UBS Group set a $60.00 price target on shares of JFrog in a research report on Friday, February 13th. Seventeen investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $67.05.

JFrog Stock Performance

NASDAQ:FROG opened at $43.09 on Monday. The company has a market capitalization of $5.15 billion, a price-to-earnings ratio of -69.50 and a beta of 1.20. JFrog has a one year low of $27.00 and a one year high of $70.43. The stock has a 50-day simple moving average of $50.00 and a 200 day simple moving average of $53.40.

JFrog (NASDAQ:FROG) last announced its quarterly earnings data on Thursday, February 12th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.03. JFrog had a negative return on equity of 5.74% and a negative net margin of 13.50%.The firm had revenue of $145.31 million for the quarter, compared to analysts’ expectations of $138.09 million. During the same quarter in the prior year, the firm posted $0.19 earnings per share. JFrog’s revenue for the quarter was up 25.2% compared to the same quarter last year. JFrog has set its FY 2026 guidance at 0.880-0.920 EPS and its Q1 2026 guidance at 0.200-0.220 EPS. On average, equities research analysts forecast that JFrog will post -0.33 EPS for the current fiscal year.

Insider Activity

In other news, CFO Eduard Grabscheid sold 15,639 shares of the business’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $40.15, for a total transaction of $627,905.85. Following the completion of the transaction, the chief financial officer owned 239,902 shares of the company’s stock, valued at approximately $9,632,065.30. The trade was a 6.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CTO Yoav Landman sold 45,000 shares of the business’s stock in a transaction on Friday, January 16th. The shares were sold at an average price of $57.71, for a total transaction of $2,596,950.00. Following the transaction, the chief technology officer directly owned 5,868,641 shares of the company’s stock, valued at approximately $338,679,272.11. This trade represents a 0.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 351,960 shares of company stock worth $17,367,657 over the last 90 days. Insiders own 14.10% of the company’s stock.

Institutional Trading of JFrog

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