JFrog (NASDAQ:FROG) Given New $105.00 Price Target at Guggenheim

JFrog (NASDAQ:FROG) had its price objective boosted by Guggenheim from $80.00 to $105.00 in a research note issued to investors on Friday morning, MarketBeat Ratings reports. Guggenheim currently has a buy rating on the stock.

Other equities analysts have also issued reports about the company. Needham & Company LLC raised their price target on JFrog from $70.00 to $80.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Cantor Fitzgerald reissued an “overweight” rating on shares of JFrog in a report on Monday, June 15th. JPMorgan Chase & Co. raised their target price on JFrog from $68.00 to $76.00 and gave the stock an “overweight” rating in a research note on Friday, May 8th. DA Davidson set a $90.00 target price on JFrog in a report on Friday, May 8th. Finally, BTIG Research upped their price target on JFrog from $60.00 to $80.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Twenty-one analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $84.86.

JFrog Stock Performance

FROG stock opened at $88.54 on Friday. The company has a market capitalization of $10.72 billion, a price-to-earnings ratio of -167.06 and a beta of 1.20. JFrog has a fifty-two week low of $34.05 and a fifty-two week high of $99.22. The stock has a fifty day moving average of $81.70 and a 200-day moving average of $60.81.

JFrog (NASDAQ:FROG) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.05. JFrog had a negative return on equity of 4.61% and a negative net margin of 10.93%.The business had revenue of $153.98 million for the quarter, compared to analysts’ expectations of $147.45 million. During the same period in the previous year, the business posted $0.20 EPS. The firm’s quarterly revenue was up 25.8% compared to the same quarter last year. JFrog has set its FY 2026 guidance at 0.930-0.970 EPS and its Q2 2026 guidance at 0.230-0.25 EPS. Equities analysts predict that JFrog will post -0.15 EPS for the current year.

Insider Activity at JFrog

In other news, CEO Ben Haim Shlomi sold 15,000 shares of the stock in a transaction dated Wednesday, July 8th. The shares were sold at an average price of $94.37, for a total transaction of $1,415,550.00. Following the completion of the sale, the chief executive officer directly owned 4,577,237 shares in the company, valued at approximately $431,953,855.69. This represents a 0.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Barry Zwarenstein sold 1,250 shares of the firm’s stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $84.35, for a total value of $105,437.50. Following the completion of the sale, the director directly owned 32,937 shares in the company, valued at $2,778,235.95. The trade was a 3.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 917,399 shares of company stock worth $73,629,102 over the last ninety days. Insiders own 11.80% of the company’s stock.

Institutional Investors Weigh In On JFrog

A number of large investors have recently made changes to their positions in FROG. Handelsbanken Fonder AB boosted its holdings in JFrog by 12.8% in the second quarter. Handelsbanken Fonder AB now owns 32,700 shares of the company’s stock valued at $2,972,000 after acquiring an additional 3,700 shares in the last quarter. Fulton Bank N.A. bought a new stake in shares of JFrog during the 2nd quarter valued at about $440,000. Avior Wealth Management LLC purchased a new position in shares of JFrog during the second quarter valued at about $289,000. Moody National Bank Trust Division bought a new stake in JFrog during the 2nd quarter valued at approximately $822,000. Finally, Lavelle Capital LP bought a new stake in JFrog during the 1st quarter valued at approximately $1,046,000. 85.02% of the stock is currently owned by institutional investors.

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.