JFrog (NASDAQ:FROG) Stock Price Expected to Rise, Guggenheim Analyst Says

JFrog (NASDAQ:FROG) had its target price lifted by analysts at Guggenheim from $80.00 to $105.00 in a research report issued to clients and investors on Friday, MarketBeat.com reports. The firm presently has a “buy” rating on the stock. Guggenheim’s price objective would indicate a potential upside of 18.59% from the stock’s current price.

Other equities analysts have also issued research reports about the company. Wall Street Zen lowered JFrog from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. Benchmark began coverage on JFrog in a research note on Thursday, June 25th. They issued a “buy” rating and a $100.00 target price for the company. Bank of America lifted their price target on JFrog from $85.00 to $100.00 and gave the stock a “buy” rating in a report on Monday, June 8th. Truist Financial boosted their price target on shares of JFrog from $80.00 to $105.00 and gave the company a “buy” rating in a research report on Thursday, July 9th. Finally, Morgan Stanley reissued an “overweight” rating and issued a $80.00 price objective on shares of JFrog in a report on Friday, May 8th. Twenty-one 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. According to MarketBeat.com, JFrog currently has an average rating of “Moderate Buy” and a consensus target price of $84.86.

JFrog Stock Up 2.3%

Shares of JFrog stock opened at $88.54 on Friday. The company has a market capitalization of $10.72 billion, a PE ratio of -167.06 and a beta of 1.20. JFrog has a 52 week low of $34.05 and a 52 week high of $99.22. The stock’s fifty day moving average is $81.70 and its two-hundred day moving average is $60.81.

JFrog (NASDAQ:FROG) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.05. The company had revenue of $153.98 million for the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same period in the previous year, the firm posted $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, research analysts anticipate that JFrog will post -0.15 earnings per share for the current year.

Insider Buying and Selling

In other JFrog news, CTO Yoav Landman sold 150,000 shares of the firm’s stock in a transaction on Monday, June 29th. The stock was sold at an average price of $89.99, for a total transaction of $13,498,500.00. Following the completion of the sale, the chief technology officer owned 5,539,038 shares of the company’s stock, valued at $498,458,029.62. This trade represents a 2.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing 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, Director Frederic Simon sold 120,000 shares of JFrog stock in a transaction on Monday, June 1st. The shares were sold at an average price of $85.84, for a total value of $10,300,800.00. Following the completion of the sale, the director owned 3,224,328 shares in the company, valued at $276,776,315.52. This represents a 3.59% 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. Over the last three months, insiders sold 917,399 shares of company stock worth $73,629,102. Company insiders own 11.80% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Royal Bank of Canada raised its stake in shares of JFrog by 48.4% in the 1st quarter. Royal Bank of Canada now owns 189,148 shares of the company’s stock valued at $6,053,000 after acquiring an additional 61,685 shares during the period. Cubist Systematic Strategies LLC purchased a new position in shares of JFrog during the 1st quarter worth approximately $205,000. AQR Capital Management LLC purchased a new position in shares of JFrog during the 1st quarter worth approximately $368,000. Integrated Wealth Concepts LLC acquired a new stake in JFrog in the 1st quarter valued at approximately $203,000. Finally, Goldman Sachs Group Inc. increased its holdings in JFrog by 14.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 692,909 shares of the company’s stock valued at $22,173,000 after purchasing an additional 88,784 shares during the last quarter. Institutional investors and hedge funds 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.