JFrog’s (FROG) Buy Rating Reiterated at BTIG Research

BTIG Research reaffirmed their buy rating on shares of JFrog (NASDAQ:FROG) in a research note issued to investors on Friday,Benzinga reports. The brokerage currently has a $115.00 price objective on the stock.

Other research analysts also recently issued research reports about the company. UBS Group lifted their price objective on JFrog from $110.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Truist Financial increased their target price on JFrog from $105.00 to $110.00 and gave the company a “buy” rating in a report on Friday, August 7th. Guggenheim raised their price target on JFrog from $105.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. JPMorgan Chase & Co. lifted their price target on JFrog from $100.00 to $115.00 and gave the stock an “overweight” rating in a research note on Friday, August 7th. Finally, Cantor Fitzgerald boosted their price objective on JFrog from $80.00 to $100.00 and gave the company an “overweight” rating in a research report on Monday, August 3rd. Twenty-two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, JFrog currently has a consensus rating of “Moderate Buy” and an average price target of $107.14.

JFrog Price Performance

Shares of NASDAQ FROG opened at $87.60 on Friday. The stock has a market capitalization of $10.80 billion, a P/E ratio of -236.75 and a beta of 1.28. JFrog has a one year low of $34.05 and a one year high of $105.76. The firm’s 50 day simple moving average is $89.29 and its two-hundred day simple moving average is $68.54.

JFrog (NASDAQ:FROG) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.03. JFrog had a negative net margin of 7.35% and a negative return on equity of 2.71%. The firm had revenue of $163.77 million during the quarter, compared to analyst estimates of $155.63 million. During the same period in the previous year, the business posted $0.18 EPS. The business’s quarterly revenue was up 28.7% on a year-over-year basis. 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, equities analysts expect that JFrog will post -0.11 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other JFrog news, CTO Yoav Landman sold 249,300 shares of the company’s stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $100.72, for a total transaction of $25,109,496.00. Following the completion of the transaction, the chief technology officer owned 5,199,038 shares of the company’s stock, valued at $523,647,107.36. This represents a 4.58% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 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, August 13th. The stock was sold at an average price of $90.86, for a total value of $10,903,200.00. Following the completion of the sale, the director owned 2,984,328 shares of the company’s stock, valued at approximately $271,156,042.08. This trade represents a 3.87% 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 901,408 shares of company stock worth $84,330,784 in the last quarter. 11.80% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in FROG. Millstone Evans Group LLC lifted its position in shares of JFrog by 242.6% in the 1st quarter. Millstone Evans Group LLC now owns 603 shares of the company’s stock worth $28,000 after purchasing an additional 427 shares during the period. Farther Finance Advisors LLC boosted its stake in shares of JFrog by 318.7% during the 4th quarter. Farther Finance Advisors LLC now owns 628 shares of the company’s stock valued at $39,000 after purchasing an additional 478 shares in the last quarter. Western Wealth Management LLC purchased a new position in shares of JFrog during the first quarter valued at about $30,000. Employees Retirement System of Texas bought a new position in JFrog in the fourth quarter worth about $44,000. Finally, Caitong International Asset Management Co. Ltd raised its stake in JFrog by 12,566.7% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 760 shares of the company’s stock worth $47,000 after buying an additional 754 shares in the last quarter. 85.02% of the stock is owned by hedge funds and other institutional investors.

JFrog News Roundup

Here are the key news stories impacting JFrog this week:

• Positive Sentiment: Analysts remain bullish. DA Davidson and BTIG Research reaffirmed “buy” ratings with $115 price targets, while TD Cowen set a $120 target and RBC maintained an “outperform” rating with a $118 target. These targets imply substantial upside and reflect continued confidence in JFrog’s software-supply-chain and AI opportunity. Analyst rating report
• Positive Sentiment: JFrog highlighted products and partnerships aimed at securing AI-era software development, including zero-touch remediation, continuous compliance and security for agentic workforces. The initiatives could expand the company’s addressable market and reinforce its strategic importance to enterprise customers. JFrog zero-touch remediation announcement
• Neutral Sentiment: Recent quarterly results were strong, with revenue rising 28.7% year over year to $163.8 million and adjusted EPS of $0.27 beating estimates. However, the company remains unprofitable on a GAAP basis, making execution against its full-year guidance of $0.96–$1.00 EPS important for valuation.
• Negative Sentiment: Security researchers reported that attackers are exploiting a critical JFrog Artifactory flaw to forge administrative tokens. The issue could lead to urgent customer patching, increased scrutiny of JFrog’s security controls and potential reputational or retention risks. JFrog Artifactory security vulnerability report
• Negative Sentiment: Executives and directors reported substantial selling, including CEO Shlomi Ben Haim, CFO Eduard Grabscheid, CRO Tali Notman and director Frederic Simon. Most transactions were conducted under Rule 10b5-1 plans or to cover taxes on vested equity, limiting their value as bearish signals, but the volume may still pressure investor sentiment.

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.