JFrog’s (FROG) Buy Rating Reaffirmed at Guggenheim

Guggenheim reiterated their buy rating on shares of JFrog (NASDAQ:FROG) in a research note published on Tuesday morning,Benzinga reports. Guggenheim currently has a $60.00 target price on the stock.

A number of other brokerages have also commented on FROG. Wall Street Zen lowered JFrog from a “buy” rating to a “hold” rating in a research report on Saturday, March 21st. Stifel Nicolaus decreased their price objective on JFrog from $64.00 to $52.00 and set a “buy” rating on the stock in a research report on Monday, February 23rd. TD Cowen decreased their price objective on JFrog from $80.00 to $70.00 and set a “buy” rating on the stock in a research report on Wednesday, April 15th. Morgan Stanley set a $70.00 price objective on JFrog in a research report on Monday, February 23rd. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $80.00 price objective on shares of JFrog in a research report on Wednesday, February 4th. Eighteen investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $66.55.

JFrog Stock Performance

Shares of FROG opened at $46.10 on Tuesday. The firm has a market capitalization of $5.59 billion, a price-to-earnings ratio of -74.35 and a beta of 1.14. The business’s fifty day moving average price is $44.40 and its two-hundred day moving average price is $52.71. JFrog has a 52 week low of $29.81 and a 52 week high of $70.43.

JFrog (NASDAQ:FROG) last announced its quarterly earnings data on Thursday, February 12th. The company reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.03. The firm had revenue of $145.31 million for the quarter, compared to analyst estimates of $138.09 million. JFrog had a negative return on equity of 5.74% and a negative net margin of 13.50%.The business’s quarterly revenue was up 25.2% compared to the same quarter last year. During the same period last year, the company earned $0.19 EPS. JFrog has set its FY 2026 guidance at 0.880-0.920 EPS and its Q1 2026 guidance at 0.200-0.220 EPS. As a group, research analysts forecast that JFrog will post -0.21 EPS for the current year.

Insiders Place Their Bets

In other news, Director Frederic Simon sold 55,000 shares of the firm’s stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $48.34, for a total value of $2,658,700.00. Following the transaction, the director directly owned 3,483,286 shares in the company, valued at $168,382,045.24. This trade represents a 1.55% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Ben Haim Shlomi sold 71,841 shares of the firm’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $40.15, for a total value of $2,884,416.15. Following the completion of the transaction, the chief executive officer owned 4,815,612 shares in the company, valued at $193,346,821.80. This represents a 1.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 320,003 shares of company stock worth $14,186,031 over the last three months. Insiders own 11.80% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Royal Bank of Canada raised 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 worth $6,053,000 after buying an additional 61,685 shares during the period. Cubist Systematic Strategies LLC acquired a new stake in JFrog during the 1st quarter worth $205,000. AQR Capital Management LLC acquired a new stake in JFrog during the 1st quarter worth $368,000. Integrated Wealth Concepts LLC acquired a new stake in JFrog during the 1st quarter worth $203,000. Finally, Goldman Sachs Group Inc. raised its stake 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 buying an additional 88,784 shares during the period. 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.