JFrog Ltd. (NASDAQ:FROG) Receives $53.13 Consensus PT from Analysts

Shares of JFrog Ltd. (NASDAQ:FROG) have been assigned an average recommendation of “Moderate Buy” from the eighteen ratings firms that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and fifteen have given a buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $53.4375.

Several equities research analysts recently issued reports on the company. Stifel Nicolaus lifted their price objective on JFrog from $45.00 to $53.00 and gave the stock a “buy” rating in a report on Friday, August 8th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $60.00 price objective on shares of JFrog in a report on Monday, September 15th. TD Cowen lifted their price objective on JFrog from $55.00 to $58.00 and gave the stock a “buy” rating in a report on Friday, October 17th. Raymond James Financial lifted their price objective on JFrog from $50.00 to $55.00 and gave the stock an “outperform” rating in a report on Friday, August 8th. Finally, Cowen reiterated a “buy” rating on shares of JFrog in a report on Friday, October 17th.

JFrog Stock Up 3.2%

FROG stock opened at $49.83 on Friday. The company’s 50-day simple moving average is $48.28 and its 200-day simple moving average is $42.79. JFrog has a 52-week low of $27.00 and a 52-week high of $51.94. The firm has a market cap of $5.82 billion, a P/E ratio of -64.71 and a beta of 1.05.

JFrog (NASDAQ:FROG) last posted its earnings results on Thursday, August 7th. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.02. JFrog had a negative net margin of 18.18% and a negative return on equity of 7.54%. The business had revenue of $127.20 million for the quarter, compared to analyst estimates of $122.80 million. During the same period in the prior year, the company posted $0.15 EPS. The company’s revenue for the quarter was up 23.5% on a year-over-year basis. JFrog has set its FY 2025 guidance at 0.680-0.70 EPS. Q3 2025 guidance at 0.150-0.17 EPS. On average, analysts anticipate that JFrog will post -0.33 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director Yvonne Wassenaar sold 1,372 shares of the business’s stock in a transaction that occurred on Monday, October 20th. The stock was sold at an average price of $47.94, for a total transaction of $65,773.68. Following the transaction, the director directly owned 29,307 shares in the company, valued at $1,404,977.58. The trade was a 4.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Frederic Simon sold 35,000 shares of the business’s stock in a transaction that occurred on Tuesday, October 14th. The stock was sold at an average price of $46.92, for a total value of $1,642,200.00. Following the transaction, the director owned 4,084,903 shares in the company, valued at approximately $191,663,648.76. This represents a 0.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 481,492 shares of company stock worth $23,083,800 in the last quarter. 14.10% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Signaturefd LLC boosted its holdings in shares of JFrog by 90.9% during the 1st quarter. Signaturefd LLC now owns 1,254 shares of the company’s stock worth $40,000 after purchasing an additional 597 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of JFrog by 32.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,344 shares of the company’s stock worth $43,000 after purchasing an additional 329 shares during the last quarter. Bayforest Capital Ltd acquired a new position in shares of JFrog during the 1st quarter worth approximately $104,000. Smartleaf Asset Management LLC boosted its holdings in shares of JFrog by 26.3% during the 1st quarter. Smartleaf Asset Management LLC now owns 3,838 shares of the company’s stock worth $123,000 after purchasing an additional 800 shares during the last quarter. Finally, Gordian Capital Singapore Pte Ltd acquired a new position in shares of JFrog during the 1st quarter worth approximately $128,000. 85.02% of the stock is currently owned by institutional investors and hedge funds.

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.