JFrog (NASDAQ:FROG) Stock Gets Price Target Bump from Oppenheimer

JFrog (NASDAQ:FROG) had its target price increased by research analysts at Oppenheimer from $115.00 to $125.00 in a research report issued to clients and investors on Wednesday, Benzinga reports. The firm currently has an “outperform” rating on the stock. Oppenheimer‘s price target would suggest a potential upside of 24.43% from the stock’s previous close.

A number of other research analysts also recently issued reports on FROG. JPMorgan Chase & Co. boosted their price target on JFrog from $100.00 to $115.00 and gave the company an “overweight” rating in a report on Friday, August 7th. UBS Group set a $115.00 target price on shares of JFrog in a research note on Friday. Barclays reissued an “overweight” rating and set a $110.00 price target on shares of JFrog in a report on Friday, August 7th. Needham & Company LLC restated a “buy” rating and set a $115.00 price target on shares of JFrog in a research report on Thursday, September 3rd. Finally, Canaccord Genuity Group set a $105.00 price objective on shares of JFrog in a report on Friday, August 7th. Twenty-one investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $109.95.

JFrog Stock Performance

NASDAQ FROG opened at $100.46 on Wednesday. JFrog has a 1 year low of $34.05 and a 1 year high of $105.76. The company has a fifty day moving average of $93.66 and a 200 day moving average of $71.25.

JFrog (NASDAQ:FROG) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.03. The company had revenue of $163.77 million for the quarter, compared to analysts’ expectations of $155.63 million. The business’s quarterly revenue was up 28.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $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, analysts predict that JFrog will post -0.11 EPS for the current year.

Insider Transactions at JFrog

In other JFrog news, CTO Yoav Landman sold 45,000 shares of the company’s stock in a transaction on Monday, October 5th. The shares were sold at an average price of $97.27, for a total transaction of $4,377,150.00. Following the completion of the transaction, the chief technology officer directly owned 5,109,038 shares in the company, valued at approximately $496,956,126.26. This represents a 0.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frederic Simon sold 120,000 shares of the stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $97.24, for a total value of $11,668,800.00. Following the transaction, the director directly owned 2,744,328 shares of the company’s stock, valued at $266,858,454.72. The trade was a 4.19% 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 have sold 915,453 shares of company stock worth $86,664,266 in the last ninety days. Company insiders own 11.80% of the company’s stock.

Institutional Investors Weigh In On JFrog

Several hedge funds and other institutional investors have recently bought and sold shares of FROG. First Trust Advisors LP raised its position in shares of JFrog by 85,066.4% during the 1st quarter. First Trust Advisors LP now owns 3,362,370 shares of the company’s stock valued at $157,796,000 after buying an additional 3,358,422 shares during the period. Congress Asset Management Co. increased its stake in JFrog by 14.4% during the third quarter. Congress Asset Management Co. now owns 1,420,301 shares of the company’s stock worth $137,826,000 after acquiring an additional 178,310 shares during the last quarter. Bank of America Corp DE raised its position in JFrog by 48.2% in the first quarter. Bank of America Corp DE now owns 2,517,899 shares of the company’s stock valued at $118,165,000 after purchasing an additional 819,326 shares during the period. Arrowstreet Capital Limited Partnership raised its position in JFrog by 78.1% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,964,925 shares of the company’s stock valued at $92,214,000 after purchasing an additional 861,835 shares during the period. Finally, Lazard Asset Management LLC lifted its stake in shares of JFrog by 41.9% in the 1st quarter. Lazard Asset Management LLC now owns 1,716,050 shares of the company’s stock valued at $80,534,000 after purchasing an additional 506,366 shares during the last quarter. 85.02% of the stock is currently owned by institutional investors and hedge funds.

About JFrog

JFrog Ltd. is a software company that provides a platform for managing, securing and distributing software packages and releases throughout the application development lifecycle. Its technology is designed to help organizations move software reliably from development through production across cloud, on-premises and hybrid environments.

The company’s products include JFrog Artifactory, a repository for storing and managing software packages and container images; JFrog Xray, which provides security and compliance analysis for software components; and tools for continuous integration, continuous delivery, software distribution and release management.