JFrog (NASDAQ:FROG) Upgraded at Royal Bank Of Canada

JFrog (NASDAQ:FROG) was upgraded by investment analysts at Royal Bank Of Canada to a “moderate buy” rating in a research report issued on Tuesday,Zacks.com reports.

Several other brokerages also recently weighed in on FROG. Weiss Ratings restated a “sell (d-)” rating on shares of JFrog in a report on Friday, July 17th. DA Davidson lifted their price objective on JFrog from $90.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Wall Street Zen downgraded JFrog from a “buy” rating to a “hold” rating in a research report on Sunday. Citigroup restated a “buy” rating on shares of JFrog in a research note on Monday, June 8th. Finally, KeyCorp raised their target price on shares of JFrog from $89.00 to $114.00 and gave the company an “overweight” rating in a report on Friday, August 7th. Twenty-two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $106.36.

JFrog Stock Up 3.7%

Shares of FROG stock opened at $92.80 on Tuesday. The firm has a 50 day moving average of $87.34 and a two-hundred day moving average of $66.41. The stock has a market capitalization of $11.44 billion, a PE ratio of -250.80 and a beta of 1.22. JFrog has a 52 week low of $34.05 and a 52 week high of $99.22.

JFrog (NASDAQ:FROG) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.03. The business had revenue of $163.77 million for the quarter, compared to analysts’ expectations of $155.63 million. JFrog had a negative return on equity of 2.71% and a negative net margin of 7.35%.The company’s revenue for the quarter was up 28.7% compared to the same quarter last year. During the same period last year, the firm earned $0.18 earnings per share. JFrog has set its Q3 2026 guidance at 0.220-0.240 EPS and its FY 2026 guidance at 0.960-1.000 EPS. Analysts expect that JFrog will post -0.11 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CTO Yoav Landman sold 45,000 shares of the stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $90.86, for a total value of $4,088,700.00. Following the transaction, the chief technology officer owned 5,448,338 shares in the company, valued at approximately $495,035,990.68. This represents a 0.82% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ben Haim Shlomi sold 15,000 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $91.00, for a total value of $1,365,000.00. Following the sale, the chief executive officer owned 4,562,237 shares of the company’s stock, valued at approximately $415,163,567. The trade was a 0.33% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 875,334 shares of company stock valued at $76,586,337 over the last quarter. Corporate insiders own 11.80% of the company’s stock.

Institutional Trading of JFrog

A number of hedge funds and other institutional investors have recently made changes to their positions in FROG. UBS Group AG increased its holdings in shares of JFrog by 293.8% in the 4th quarter. UBS Group AG now owns 296,419 shares of the company’s stock valued at $18,514,000 after acquiring an additional 221,155 shares during the period. Summit Partners Public Asset Management LLC boosted its stake in JFrog by 77.8% during the 4th quarter. Summit Partners Public Asset Management LLC now owns 1,587,525 shares of the company’s stock worth $99,157,000 after purchasing an additional 694,700 shares during the period. Dana Investment Advisors Inc. acquired a new stake in JFrog during the 4th quarter worth $2,013,000. Robeco Schweiz AG purchased a new position in JFrog during the 4th quarter worth $11,293,000. Finally, AMJ Financial Wealth Management purchased a new position in JFrog during the 4th quarter worth $4,077,000. Institutional investors and hedge funds own 85.02% of the company’s stock.

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.