JFrog (NASDAQ:FROG) Given New $110.00 Price Target at UBS Group

JFrog (NASDAQ:FROG) had its price target raised by equities research analysts at UBS Group from $92.00 to $110.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. UBS Group’s price target indicates a potential upside of 21.69% from the stock’s previous close.

Several other research analysts also recently weighed in on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of JFrog in a research report on Tuesday, April 21st. Stifel Nicolaus boosted their price objective on JFrog from $75.00 to $85.00 and gave the stock a “buy” rating in a research note on Tuesday, May 26th. Benchmark assumed coverage on JFrog in a report on Thursday, June 25th. They set a “buy” rating and a $100.00 target price for the company. Wall Street Zen downgraded JFrog from a “buy” rating to a “hold” rating in a research report on Saturday, March 21st. Finally, DA Davidson set a $90.00 price target on JFrog in a research report on Friday, May 8th. Twenty-one investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, JFrog presently has an average rating of “Moderate Buy” and an average target price of $82.48.

JFrog Stock Down 0.5%

FROG stock opened at $90.39 on Thursday. JFrog has a 52-week low of $34.05 and a 52-week high of $93.12. The company’s 50-day simple moving average is $71.49 and its 200-day simple moving average is $58.56. The firm has a market cap of $10.95 billion, a P/E ratio of -170.55 and a beta of 1.20.

JFrog (NASDAQ:FROG) last released its quarterly earnings results 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. The firm had revenue of $153.98 million for the quarter, compared to analysts’ expectations of $147.45 million. JFrog had a negative net margin of 10.93% and a negative return on equity of 4.61%. The firm’s revenue for the quarter was up 25.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.20 EPS. JFrog has set its FY 2026 guidance at 0.930-0.970 EPS and its Q2 2026 guidance at 0.230-0.25 EPS. On average, analysts anticipate that JFrog will post -0.15 earnings per share for the current fiscal year.

Insider Buying and Selling at JFrog

In related news, CFO Eduard Grabscheid sold 5,654 shares of the company’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $84.69, for a total value of $478,837.26. Following the transaction, the chief financial officer directly owned 209,658 shares in the company, valued at approximately $17,755,936.02. This represents a 2.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Barry Zwarenstein sold 1,250 shares of JFrog stock in a transaction on Monday, June 8th. The shares were sold at an average price of $84.35, for a total value of $105,437.50. Following the completion of the sale, the director owned 32,937 shares in the company, valued at $2,778,235.95. This represents a 3.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 941,699 shares of company stock worth $74,009,302. Insiders own 11.80% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. First Trust Advisors LP increased its holdings in shares of JFrog by 85,066.4% in the first quarter. First Trust Advisors LP now owns 3,362,370 shares of the company’s stock valued at $157,796,000 after purchasing an additional 3,358,422 shares during the period. Wasatch Advisors LP raised its holdings in JFrog by 187.4% during the first quarter. Wasatch Advisors LP now owns 4,156,033 shares of the company’s stock worth $195,043,000 after purchasing an additional 2,710,167 shares during the last quarter. Whale Rock Capital Management LLC grew its holdings in JFrog by 82.2% in the fourth quarter. Whale Rock Capital Management LLC now owns 5,297,812 shares of the company’s stock valued at $330,901,000 after purchasing an additional 2,389,415 shares during the last quarter. Invesco Ltd. increased its position in shares of JFrog by 6,868.3% in the fourth quarter. Invesco Ltd. now owns 2,104,071 shares of the company’s stock valued at $131,420,000 after buying an additional 2,073,876 shares in the last quarter. Finally, Swedbank AB purchased a new stake in shares of JFrog in the 1st quarter worth about $78,872,000. Hedge funds and other institutional investors own 85.02% of the company’s stock.

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.