JFrog (NASDAQ:FROG) Reaches New 1-Year High – Time to Buy?

JFrog Ltd. (NASDAQ:FROG) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $100.43 and last traded at $101.8040, with a volume of 365956 shares changing hands. The stock had previously closed at $92.80.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on FROG shares. Citigroup reissued a “buy” rating on shares of JFrog in a report on Monday, June 8th. Guggenheim raised their target price on shares of JFrog from $105.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, August 7th. DA Davidson lifted their target price on shares of JFrog from $90.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Piper Sandler boosted their price target on shares of JFrog from $65.00 to $90.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Finally, Needham & Company LLC increased their price target on shares of JFrog from $80.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Twenty-two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, JFrog has an average rating of “Moderate Buy” and an average target price of $106.36.

JFrog Price Performance

The company has a 50 day simple moving average of $87.34 and a 200-day simple moving average of $66.41. The stock has a market cap of $12.39 billion, a P/E ratio of -271.44 and a beta of 1.22.

JFrog (NASDAQ:FROG) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.24 by $0.03. The firm had revenue of $163.77 million for the quarter, compared to analyst estimates 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 was up 28.7% on a year-over-year basis. During the same period in the prior year, the company earned $0.18 EPS. JFrog has set its Q3 2026 guidance at 0.220-0.240 EPS and its FY 2026 guidance at 0.960-1.000 EPS. As a group, research analysts expect that JFrog Ltd. will post -0.11 earnings per share for the current year.

Insider Transactions at JFrog

In other JFrog news, Director Barry Zwarenstein sold 1,250 shares of the stock in a transaction that occurred on Thursday, July 23rd. The shares were sold at an average price of $80.10, for a total transaction of $100,125.00. Following the transaction, the director directly owned 31,687 shares in the company, valued at $2,538,128.70. This trade represents a 3.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ben Haim Shlomi sold 15,000 shares of JFrog stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $91.00, for a total transaction of $1,365,000.00. Following the transaction, the chief executive officer directly owned 4,562,237 shares in the company, valued at $415,163,567. This trade represents a 0.33% decrease in their ownership of the stock. 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 worth $76,586,337 in the last three months. Corporate insiders own 11.80% of the company’s stock.

Hedge Funds Weigh In On JFrog

A number of large investors have recently added to or reduced their stakes in FROG. UBS Group AG increased its position in shares of JFrog by 293.8% in the fourth 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 raised its stake in shares of JFrog by 77.8% during the fourth quarter. Summit Partners Public Asset Management LLC now owns 1,587,525 shares of the company’s stock valued at $99,157,000 after acquiring an additional 694,700 shares during the last quarter. Dana Investment Advisors Inc. purchased a new stake in shares of JFrog during the fourth quarter worth about $2,013,000. Robeco Schweiz AG purchased a new stake in shares of JFrog during the fourth quarter worth about $11,293,000. Finally, AMJ Financial Wealth Management bought a new stake in shares of JFrog in the fourth quarter worth about $4,077,000. Hedge funds and other institutional investors 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.