JFrog (NASDAQ:FROG) Lowered to Hold Rating by Wall Street Zen

JFrog (NASDAQ:FROG) was downgraded by research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report issued on Saturday.

A number of other equities analysts have also issued reports on the company. Stifel Nicolaus reduced their target price on JFrog from $64.00 to $52.00 and set a “buy” rating for the company in a research note on Monday, February 23rd. BTIG Research dropped their price target on JFrog from $83.00 to $70.00 and set a “buy” rating on the stock in a research note on Friday, February 13th. Guggenheim initiated coverage on JFrog in a report on Monday, March 16th. They issued a “buy” rating and a $60.00 price objective on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of JFrog in a research note on Thursday, January 22nd. Finally, KeyCorp lifted their target price on JFrog from $71.00 to $79.00 and gave the stock an “overweight” rating in a report on Tuesday, December 16th. Seventeen investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $67.05.

JFrog Trading Down 2.7%

NASDAQ:FROG opened at $42.27 on Friday. JFrog has a twelve month low of $27.00 and a twelve month high of $70.43. The company has a market cap of $5.06 billion, a PE ratio of -68.18 and a beta of 1.20. The company’s 50 day moving average is $48.64 and its two-hundred day moving average is $53.18.

JFrog (NASDAQ:FROG) last posted its quarterly earnings results on Thursday, February 12th. The company reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.03. JFrog had a negative net margin of 13.50% and a negative return on equity of 5.74%. The business had revenue of $145.31 million during the quarter, compared to analysts’ expectations of $138.09 million. During the same quarter last year, the company posted $0.19 earnings per share. The business’s quarterly revenue was up 25.2% on a year-over-year basis. JFrog has set its FY 2026 guidance at 0.880-0.920 EPS and its Q1 2026 guidance at 0.200-0.220 EPS. As a group, analysts expect that JFrog will post -0.33 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CFO Eduard Grabscheid sold 15,639 shares of the firm’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $40.15, for a total transaction of $627,905.85. Following the sale, the chief financial officer directly owned 239,902 shares in the company, valued at $9,632,065.30. This trade represents a 6.12% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CTO Yoav Landman sold 45,000 shares of JFrog stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $57.71, for a total value of $2,596,950.00. Following the completion of the transaction, the chief technology officer owned 5,868,641 shares of the company’s stock, valued at approximately $338,679,272.11. This represents a 0.76% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 351,960 shares of company stock valued at $17,367,657. Insiders own 14.10% of the company’s stock.

Hedge Funds Weigh In On JFrog

A number of hedge funds have recently bought and sold shares of the business. Whale Rock Capital Management LLC increased its position in shares of JFrog by 82.2% during the fourth quarter. Whale Rock Capital Management LLC now owns 5,297,812 shares of the company’s stock worth $330,901,000 after purchasing an additional 2,389,415 shares in the last quarter. Invesco Ltd. lifted its holdings in JFrog by 6,868.3% in the 4th quarter. Invesco Ltd. now owns 2,104,071 shares of the company’s stock valued at $131,420,000 after purchasing an additional 2,073,876 shares in the last quarter. Anatole Investment Management Ltd acquired a new stake in JFrog during the 4th quarter worth $86,557,000. Morgan Stanley grew its holdings in shares of JFrog by 550.2% during the fourth quarter. Morgan Stanley now owns 1,562,151 shares of the company’s stock worth $97,572,000 after buying an additional 1,321,899 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of JFrog during the fourth quarter worth $76,427,000. Hedge funds and other institutional investors own 85.02% of the company’s stock.

About JFrog

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.