Royal Bank Of Canada Issues Positive Forecast for JFrog (NASDAQ:FROG) Stock Price

JFrog (NASDAQ:FROG – Get Free Report) had its price target upped by investment analysts at Royal Bank Of Canada from $118.00 to $121.00 in a report released on Friday, Benzinga reports. The firm presently has an “outperform” rating on the stock. Royal Bank Of Canada‘s price objective suggests a potential upside of 20.44% from the company’s current price.

A number of other equities analysts have also recently weighed in on FROG. UBS Group set a $115.00 price target on JFrog in a report on Friday, October 23rd. JPMorgan Chase & Co. lifted their price objective on shares of JFrog from $100.00 to $115.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. Weiss Ratings reissued a “sell (d-)” rating on shares of JFrog in a research report on Thursday, October 15th. Needham & Company LLC restated a “buy” rating and issued a $115.00 target price on shares of JFrog in a research note on Thursday, September 3rd. Finally, Raymond James Financial set a $120.00 price target on shares of JFrog in a report on Friday, August 7th. Twenty-one analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, JFrog has a consensus rating of “Moderate Buy” and a consensus price target of $111.95.

Get Our Latest Research Report on JFrog

JFrog Price Performance

NASDAQ:FROG traded up $25.84 on Friday, reaching $100.47. The stock had a trading volume of 4,450,074 shares, compared to its average volume of 2,702,001. The company has a market cap of $12.39 billion, a price-to-earnings ratio of -272.21 and a beta of 1.31. The firm’s fifty day moving average is $93.48 and its two-hundred day moving average is $72.36. JFrog has a 12-month low of $34.05 and a 12-month high of $105.76.

JFrog (NASDAQ:FROG – Get Free Report) last posted its quarterly earnings results on Thursday, November 5th. The company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.23 by $0.09. The company had revenue of $179.17 million during the quarter, compared to analysts’ expectations of $165.92 million. JFrog had a negative return on equity of 2.71% and a negative net margin of 7.35%. The firm’s revenue was up 30.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.22 EPS. As a group, research analysts forecast that JFrog will post -0.11 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Frederic Simon sold 120,000 shares of JFrog stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $90.86, for a total transaction of $10,903,200.00. Following the sale, the director directly owned 2,984,328 shares in the company, valued at $271,156,042.08. The trade was a 3.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Tali Notman sold 19,157 shares of the company’s stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $90.51, for a total transaction of $1,733,900.07. Following the completion of the sale, the executive directly owned 687,472 shares of the company’s stock, valued at approximately $62,223,090.72. This represents a 2.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders sold 900,453 shares of company stock valued at $85,299,266. Company insiders own 11.80% of the company’s stock.

Institutional Trading of JFrog

Hedge funds and other institutional investors have recently made changes to their positions in the business. First Trust Advisors LP boosted its stake 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 worth $157,796,000 after acquiring an additional 3,358,422 shares in the last quarter. Congress Asset Management Co. grew its holdings in shares of JFrog by 14.4% in the 3rd 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 grew its holdings in shares of JFrog by 48.2% in the 1st quarter. Bank of America Corp DE now owns 2,517,899 shares of the company’s stock worth $118,165,000 after acquiring an additional 819,326 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of JFrog by 78.1% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,964,925 shares of the company’s stock worth $92,214,000 after purchasing an additional 861,835 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. raised its position in shares of JFrog by 1.1% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 904,403 shares of the company’s stock worth $87,763,000 after purchasing an additional 9,520 shares during the period. 85.02% of the stock is currently owned by institutional investors.

Key JFrog News

Here are the key news stories impacting JFrog this week:

  • Positive Sentiment: JFrog reported Q3 adjusted earnings of $0.32 per share, above the $0.23 consensus, while revenue of $179.2 million rose 31% year over year and topped expectations of about $165.9 million. JFrog Announces Third Quarter 2026 Results
  • Positive Sentiment: The company raised its 2026 revenue forecast to $680 million–$682 million, and projected cloud baseline growth of 52%–54%, signaling continued momentum in its cloud business. JFrog projects FY 2026 revenue of $680M-$682M
  • Positive Sentiment: Reports cited AI coding adoption as a major growth driver, alongside expanding use of JFrog’s cloud and security offerings. That adds to the positive outlook by pointing to demand across several product areas. JFrog Posts Blowout Earnings. AI Coding Was the Biggest Growth Driver.
  • Positive Sentiment: Truist raised its price target to $120 from $115 and maintained a Buy rating; KeyCorp also lifted its target, to $118 from $114, with an Overweight rating. Truist Securities Adjusts Price Target on JFrog
  • Neutral Sentiment: Piper Sandler raised its target to $95 from $90 but kept a Neutral rating, reflecting a more cautious view than the other target increases. Piper Sandler stock recommendations

About JFrog

(Get Free Report)

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.

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Analyst Recommendations for JFrog (NASDAQ:FROG)

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