JFrog (NASDAQ:FROG) Shares Gap Up Following Analyst Upgrade

JFrog Ltd. (NASDAQ:FROG)’s stock price gapped up prior to trading on Tuesday after UBS Group upgraded the stock from a neutral rating to a buy rating. The stock had previously closed at $42.64, but opened at $44.27. UBS Group now has a $60.00 price target on the stock. JFrog shares last traded at $43.5850, with a volume of 477,276 shares trading hands.

Several other research firms have also recently commented on FROG. Barclays increased their price target on shares of JFrog from $67.00 to $70.00 and gave the company an “overweight” rating in a research note on Monday, January 12th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of JFrog in a report on Thursday, January 22nd. Evercore set a $80.00 price objective on JFrog in a research report on Thursday, February 26th. Piper Sandler lowered their target price on JFrog from $70.00 to $65.00 and set a “neutral” rating for the company in a research note on Friday, February 13th. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $80.00 target price on shares of JFrog in a research report on Wednesday, February 4th. Eighteen equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $67.05.

Insider Buying and Selling at JFrog

In other JFrog news, CEO Ben Haim Shlomi sold 71,841 shares of the company’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $40.15, for a total transaction of $2,884,416.15. Following the completion of the transaction, the chief executive officer owned 4,815,612 shares of the company’s stock, valued at $193,346,821.80. This represents a 1.47% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Frederic Simon sold 80,000 shares of the firm’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $59.51, for a total transaction of $4,760,800.00. Following the completion of the transaction, the director directly owned 3,660,786 shares of the company’s stock, valued at approximately $217,853,374.86. This trade represents a 2.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 351,960 shares of company stock valued at $17,367,657 in the last 90 days. 14.10% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On JFrog

A number of large investors have recently added to or reduced their stakes in FROG. Public Sector Pension Investment Board bought a new stake in JFrog in the 3rd quarter valued at about $3,247,000. HighTower Advisors LLC increased its holdings in shares of JFrog by 452.1% during the third quarter. HighTower Advisors LLC now owns 56,821 shares of the company’s stock worth $2,689,000 after purchasing an additional 46,529 shares during the period. Federated Hermes Inc. bought a new position in shares of JFrog during the third quarter worth approximately $6,697,000. Arrowstreet Capital Limited Partnership raised its position in shares of JFrog by 3,033.8% in the second quarter. Arrowstreet Capital Limited Partnership now owns 291,134 shares of the company’s stock valued at $12,775,000 after buying an additional 281,844 shares in the last quarter. Finally, Wilson Asset Management International PTY Ltd. acquired a new stake in shares of JFrog in the third quarter valued at approximately $3,133,000. Institutional investors own 85.02% of the company’s stock.

JFrog Stock Performance

The stock’s fifty day moving average price is $48.02 and its two-hundred day moving average price is $53.16. The company has a market cap of $5.12 billion, a P/E ratio of -69.00 and a beta of 1.20.

JFrog (NASDAQ:FROG) last announced its earnings results on Thursday, February 12th. The company reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.03. The business had revenue of $145.31 million during 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%.JFrog’s revenue for the quarter 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. On average, equities research analysts forecast that JFrog Ltd. will post -0.33 EPS for the current year.

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.