Research Analysts’ Recent Ratings Updates for JFrog (FROG)

A number of firms have modified their ratings and price targets on shares of JFrog (NASDAQ: FROG) recently:

• 2/14/2025 – JFrog had its “overweight” rating reaffirmed by analysts at KeyCorp. They now have a $46.00 price target on the stock, up previously from $36.00.
• 2/14/2025 – JFrog had its price target raised by analysts at Barclays PLC from $38.00 to $48.00. They now have an “overweight” rating on the stock.
• 2/14/2025 – JFrog had its price target raised by analysts at Morgan Stanley from $36.00 to $44.00. They now have an “overweight” rating on the stock.
• 2/14/2025 – JFrog had its price target raised by analysts at Stifel Nicolaus from $35.00 to $45.00. They now have a “buy” rating on the stock.
• 2/14/2025 – JFrog had its price target raised by analysts at Truist Financial Co. from $35.00 to $45.00. They now have a “buy” rating on the stock.
• 2/14/2025 – JFrog had its price target raised by analysts at Canaccord Genuity Group Inc. from $38.00 to $45.00. They now have a “buy” rating on the stock.
• 2/14/2025 – JFrog had its price target raised by analysts at Needham & Company LLC from $39.00 to $46.00. They now have a “buy” rating on the stock.
• 2/12/2025 – JFrog had its “overweight” rating reaffirmed by analysts at Cantor Fitzgerald. They now have a $38.00 price target on the stock.
• 1/22/2025 – JFrog had its price target raised by analysts at Needham & Company LLC from $36.00 to $39.00. They now have a “buy” rating on the stock.

JFrog Price Performance

Shares of FROG stock traded down $0.25 on Tuesday, reaching $35.84. 889,342 shares of the company were exchanged, compared to its average volume of 1,191,551. JFrog Ltd. has a one year low of $22.91 and a one year high of $46.65. The company has a 50-day moving average of $34.48 and a 200-day moving average of $31.25. The company has a market cap of $3.65 billion, a price-to-earnings ratio of -56.90 and a beta of 0.97.

JFrog (NASDAQ:FROG) last issued its quarterly earnings data on Thursday, February 13th. The company reported ($0.14) EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.28). JFrog had a negative return on equity of 6.42% and a negative net margin of 16.16%. The company had revenue of $116.08 million for the quarter, compared to the consensus estimate of $114.16 million. As a group, sell-side analysts predict that JFrog Ltd. will post -0.33 EPS for the current year.

Insider Activity

In other news, CEO Ben Haim Shlomi sold 34,652 shares of the business’s stock in a transaction that occurred on Friday, December 6th. The shares were sold at an average price of $31.30, for a total value of $1,084,607.60. Following the sale, the chief executive officer now owns 4,902,359 shares of the company’s stock, valued at $153,443,836.70. The trade was a 0.70 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Eduard Grabscheid sold 11,942 shares of the firm’s stock in a transaction that occurred on Friday, February 14th. The stock was sold at an average price of $42.99, for a total transaction of $513,386.58. Following the completion of the transaction, the chief financial officer now directly owns 172,406 shares of the company’s stock, valued at approximately $7,411,733.94. This trade represents a 6.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 404,774 shares of company stock valued at $13,799,337 over the last three months. Corporate insiders own 15.70% of the company’s stock.

Hedge Funds Weigh In On JFrog

A number of large investors have recently made changes to their positions in the stock. Migdal Insurance & Financial Holdings Ltd. grew its holdings in JFrog by 30.7% during the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 894,047 shares of the company’s stock valued at $25,963,000 after buying an additional 210,000 shares in the last quarter. abrdn plc boosted its position in shares of JFrog by 4.1% in the fourth quarter. abrdn plc now owns 772,202 shares of the company’s stock valued at $22,784,000 after acquiring an additional 30,392 shares during the period. JPMorgan Chase & Co. grew its stake in JFrog by 11.8% during the third quarter. JPMorgan Chase & Co. now owns 1,508,852 shares of the company’s stock valued at $43,817,000 after acquiring an additional 159,483 shares in the last quarter. Peregrine Capital Management LLC increased its holdings in JFrog by 11.9% during the 4th quarter. Peregrine Capital Management LLC now owns 327,835 shares of the company’s stock worth $9,642,000 after acquiring an additional 34,900 shares during the period. Finally, Principal Financial Group Inc. lifted its stake in JFrog by 55.8% in the 3rd quarter. Principal Financial Group Inc. now owns 1,437,941 shares of the company’s stock worth $41,757,000 after purchasing an additional 514,895 shares in the last quarter. 85.02% of the stock is owned by institutional investors.

JFrog Ltd. provides end-to-end hybrid software supply chain platform in the United States, Israel, India, and internationally. The company offers JFrog Artifactory, a package repository that allows teams and organizations to store, update, and manage their software packages; JFrog Curation that functions as a guardian outside the software development pipeline, controlling the admission of packages into an organization, primarily from open source or public repositories; JFrog Xray, which scans JFrog Artifactory to secure all software packages; JFrog Advanced Security, an optional add-on for select JFrog subscriptions; and JFrog Distribution that provides software package distribution.