FY2025 EPS Estimates for JFrog Cut by Cantor Fitzgerald

JFrog Ltd. (NASDAQ:FROG) – Cantor Fitzgerald lowered their FY2025 earnings per share (EPS) estimates for JFrog in a research report issued on Monday, May 12th. Cantor Fitzgerald analyst J. Ruykhaver now anticipates that the company will post earnings of ($0.32) per share for the year, down from their previous forecast of ($0.30). Cantor Fitzgerald has a “Overweight” rating and a $46.00 price objective on the stock. The consensus estimate for JFrog’s current full-year earnings is ($0.33) per share.

A number of other brokerages also recently issued reports on FROG. DA Davidson boosted their price objective on shares of JFrog from $40.00 to $45.00 and gave the company a “buy” rating in a research report on Friday, May 9th. Scotiabank lowered their price objective on JFrog from $40.00 to $36.00 and set a “sector perform” rating for the company in a research note on Thursday, April 24th. Truist Financial upped their target price on shares of JFrog from $35.00 to $45.00 and gave the stock a “buy” rating in a research note on Friday, February 14th. Barclays dropped their price objective on JFrog from $48.00 to $42.00 and set an “overweight” rating on the stock in a research report on Friday, May 9th. Finally, Canaccord Genuity Group lifted their target price on shares of JFrog from $38.00 to $45.00 and gave the stock a “buy” rating in a research report on Friday, February 14th. Three analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $41.65.

JFrog Price Performance

FROG opened at $43.17 on Wednesday. JFrog has a one year low of $22.91 and a one year high of $43.68. The firm has a market capitalization of $4.95 billion, a price-to-earnings ratio of -68.52 and a beta of 0.97. The business has a 50 day simple moving average of $33.39 and a two-hundred day simple moving average of $33.12.

JFrog (NASDAQ:FROG) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.04. The business had revenue of $122.41 million for the quarter, compared to analyst estimates of $117.44 million. JFrog had a negative return on equity of 6.42% and a negative net margin of 16.16%. JFrog’s revenue for the quarter was up 22.0% compared to the same quarter last year. During the same period last year, the company earned $0.16 EPS.

Insider Buying and Selling at JFrog

In other news, CEO Ben Haim Shlomi sold 41,829 shares of the company’s stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $36.55, for a total transaction of $1,528,849.95. Following the sale, the chief executive officer now directly owns 4,982,254 shares in the company, valued at approximately $182,101,383.70. This represents a 0.83% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Yossi Sela sold 14,300 shares of the business’s stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $40.52, for a total transaction of $579,436.00. Following the transaction, the director now owns 306,277 shares in the company, valued at $12,410,344.04. This trade represents a 4.46% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 226,848 shares of company stock valued at $7,746,477 over the last 90 days. 14.10% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of FROG. Norges Bank bought a new position in JFrog during the 4th quarter worth about $32,878,000. Raymond James Financial Inc. purchased a new stake in shares of JFrog during the 4th quarter valued at $30,554,000. T. Rowe Price Investment Management Inc. boosted its holdings in JFrog by 65.1% in the first quarter. T. Rowe Price Investment Management Inc. now owns 2,630,179 shares of the company’s stock worth $84,166,000 after acquiring an additional 1,037,482 shares in the last quarter. Mackenzie Financial Corp boosted its stake in JFrog by 93.8% in the 4th quarter. Mackenzie Financial Corp now owns 1,996,012 shares of the company’s stock worth $58,703,000 after purchasing an additional 965,912 shares in the last quarter. Finally, Champlain Investment Partners LLC grew its holdings in shares of JFrog by 48.4% during the fourth quarter. Champlain Investment Partners LLC now owns 2,446,819 shares of the company’s stock valued at $71,961,000 after buying an additional 797,949 shares during the last quarter. Institutional investors own 85.02% of the company’s stock.

JFrog Company Profile

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.