JFrog (NASDAQ:FROG) Price Target Raised to $105.00 at Truist Financial

JFrog (NASDAQ:FROG) had its price objective increased by Truist Financial from $80.00 to $105.00 in a research report report published on Thursday morning, Marketbeat.com reports. Truist Financial currently has a buy rating on the stock.

Several other brokerages have also recently issued reports on FROG. Bank of America raised their target price on shares of JFrog from $85.00 to $100.00 and gave the stock a “buy” rating in a report on Monday, June 8th. UBS Group increased their price target on JFrog from $92.00 to $110.00 and gave the company a “buy” rating in a report on Thursday, July 2nd. Benchmark began coverage on JFrog in a research note on Thursday, June 25th. They issued a “buy” rating and a $100.00 price target on the stock. TD Cowen lifted their price objective on JFrog from $80.00 to $100.00 and gave the stock a “buy” rating in a report on Thursday, June 18th. Finally, Stifel Nicolaus increased their target price on JFrog from $75.00 to $85.00 and gave the company a “buy” rating in a report on Tuesday, May 26th. Twenty-one equities research 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. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $83.67.

JFrog Price Performance

JFrog stock opened at $95.50 on Thursday. JFrog has a one year low of $34.05 and a one year high of $99.22. The stock has a market capitalization of $11.57 billion, a PE ratio of -180.19 and a beta of 1.20. The business’s fifty day moving average is $77.46 and its 200 day moving average is $59.79.

JFrog (NASDAQ:FROG) last issued its earnings results on Thursday, May 7th. The company reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $0.05. The business had revenue of $153.98 million during the quarter, compared to analyst estimates of $147.45 million. JFrog had a negative return on equity of 4.61% and a negative net margin of 10.93%.JFrog’s revenue was up 25.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.20 EPS. JFrog has set its FY 2026 guidance at 0.930-0.970 EPS and its Q2 2026 guidance at 0.230-0.25 EPS. As a group, sell-side analysts expect that JFrog will post -0.15 EPS for the current fiscal year.

Insider Transactions at JFrog

In other JFrog news, CTO Yoav Landman sold 700 shares of the business’s stock in a transaction dated Tuesday, July 7th. The stock was sold at an average price of $99.00, for a total transaction of $69,300.00. Following the completion of the sale, the chief technology officer owned 5,538,338 shares of the company’s stock, valued at approximately $548,295,462. The trade was a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ben Haim Shlomi sold 65,999 shares of the firm’s stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $90.03, for a total value of $5,941,889.97. Following the completion of the transaction, the chief executive officer directly owned 4,592,237 shares in the company, valued at $413,439,097.11. This trade represents a 1.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 902,399 shares of company stock worth $72,213,552 over the last three months. 11.80% of the stock is currently owned by insiders.

Institutional Investors Weigh In On JFrog

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Millstone Evans Group LLC increased its stake in shares of JFrog by 242.6% in the first quarter. Millstone Evans Group LLC now owns 603 shares of the company’s stock worth $28,000 after purchasing an additional 427 shares in the last quarter. Blue Trust Inc. purchased a new position in shares of JFrog during the 4th quarter valued at $30,000. Western Wealth Management LLC purchased a new position in shares of JFrog during the 1st quarter valued at $30,000. Bessemer Group Inc. bought a new position in JFrog in the 1st quarter worth $36,000. Finally, Farther Finance Advisors LLC boosted its holdings in JFrog by 318.7% in the 4th quarter. Farther Finance Advisors LLC now owns 628 shares of the company’s stock worth $39,000 after buying an additional 478 shares during the period. 85.02% of the stock is owned by hedge funds and other institutional investors.

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.