JFrog Ltd. (NASDAQ:FROG) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of JFrog Ltd. (NASDAQ:FROG) have received a consensus rating of “Moderate Buy” from the nineteen research firms that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $65.7059.

A number of equities research analysts recently issued reports on FROG shares. Oppenheimer raised shares of JFrog from a “market perform” rating to an “outperform” rating and set a $75.00 price objective for the company in a report on Friday, November 7th. Barclays increased their price target on shares of JFrog from $67.00 to $70.00 and gave the company an “overweight” rating in a research note on Monday, January 12th. JPMorgan Chase & Co. lifted their price target on shares of JFrog from $55.00 to $65.00 and gave the company an “overweight” rating in a research report on Friday, November 7th. Piper Sandler increased their price objective on JFrog from $60.00 to $70.00 and gave the stock a “neutral” rating in a research report on Monday, January 5th. Finally, Canaccord Genuity Group lifted their target price on JFrog from $55.00 to $65.00 and gave the company a “buy” rating in a research report on Friday, November 7th.

Insider Activity

In other JFrog news, CRO Tali Notman sold 13,357 shares of the stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $64.80, for a total transaction of $865,533.60. Following the completion of the transaction, the executive owned 631,325 shares of the company’s stock, valued at $40,909,860. This trade represents a 2.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Yvonne Wassenaar sold 1,957 shares of the business’s stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $58.70, for a total transaction of $114,875.90. Following the completion of the sale, the director directly owned 20,495 shares in the company, valued at $1,203,056.50. This trade represents a 8.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 497,814 shares of company stock worth $30,245,410. 14.10% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On JFrog

A number of hedge funds have recently made changes to their positions in the stock. Blue Trust Inc. purchased a new stake in shares of JFrog during the fourth quarter worth $30,000. Farther Finance Advisors LLC grew its stake in JFrog by 318.7% during the 4th quarter. Farther Finance Advisors LLC now owns 628 shares of the company’s stock worth $39,000 after purchasing an additional 478 shares in the last quarter. Aster Capital Management DIFC Ltd purchased a new stake in JFrog during the 3rd quarter worth about $56,000. Wilmington Savings Fund Society FSB increased its holdings in JFrog by 1,086.8% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 1,258 shares of the company’s stock worth $60,000 after purchasing an additional 1,152 shares during the period. Finally, RiverPark Advisors LLC acquired a new stake in JFrog in the 3rd quarter valued at about $103,000. Hedge funds and other institutional investors own 85.02% of the company’s stock.

JFrog Stock Performance

Shares of JFrog stock opened at $59.63 on Tuesday. The business’s 50 day moving average price is $62.08 and its 200 day moving average price is $52.59. The company has a market cap of $7.05 billion, a price-to-earnings ratio of -85.19 and a beta of 1.13. JFrog has a one year low of $27.00 and a one year high of $70.43.

JFrog (NASDAQ:FROG) last issued its earnings results on Thursday, November 6th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.06. JFrog had a negative return on equity of 6.69% and a negative net margin of 15.88%.The company had revenue of $136.91 million during the quarter, compared to analysts’ expectations of $128.28 million. During the same period in the prior year, the business earned $0.15 EPS. The firm’s quarterly revenue was up 25.5% on a year-over-year basis. JFrog has set its FY 2025 guidance at 0.780-0.800 EPS and its Q4 2025 guidance at 0.180-0.200 EPS. On average, analysts predict that JFrog will post -0.33 EPS for the current fiscal year.

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.