JFrog (NASDAQ:FROG) Coverage Initiated at Guggenheim

Equities research analysts at Guggenheim initiated coverage on shares of JFrog (NASDAQ:FROG) in a note issued to investors on Monday,Benzinga reports. The brokerage set a “buy” rating and a $60.00 price target on the stock. Guggenheim’s target price would suggest a potential upside of 46.09% from the stock’s previous close.

Other analysts have also recently issued reports about the company. Cantor Fitzgerald reiterated an “overweight” rating and issued a $80.00 target price on shares of JFrog in a report on Wednesday, February 4th. BTIG Research lowered their price target on shares of JFrog from $83.00 to $70.00 and set a “buy” rating for the company in a report on Friday, February 13th. Piper Sandler dropped their price target on shares of JFrog from $70.00 to $65.00 and set a “neutral” rating on the stock in a research report on Friday, February 13th. DA Davidson reduced their price objective on shares of JFrog from $75.00 to $65.00 and set a “buy” rating on the stock in a research note on Friday, February 13th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of JFrog in a research report on Thursday, January 22nd. Seventeen equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $67.05.

JFrog Stock Performance

FROG stock opened at $41.07 on Monday. The company has a market capitalization of $4.91 billion, a P/E ratio of -66.24 and a beta of 1.20. The company has a fifty day moving average price of $50.32 and a 200-day moving average price of $53.45. JFrog has a 52-week low of $27.00 and a 52-week high of $70.43.

JFrog (NASDAQ:FROG) last announced its earnings results on Thursday, February 12th. The company reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.03. JFrog had a negative return on equity of 5.74% and a negative net margin of 13.50%.The business had revenue of $145.31 million during the quarter, compared to analyst estimates of $138.09 million. During the same period last year, the company earned $0.19 EPS. JFrog’s revenue for the quarter was up 25.2% compared to the same quarter last year. 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, sell-side analysts forecast that JFrog will post -0.33 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other JFrog news, CFO Eduard Grabscheid sold 6,063 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $40.32, for a total value of $244,460.16. Following the completion of the sale, the chief financial officer directly owned 233,839 shares in the company, valued at approximately $9,428,388.48. This trade represents a 2.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CRO Tali Notman sold 21,097 shares of JFrog stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $41.28, for a total transaction of $870,884.16. Following the completion of the sale, the executive directly owned 752,598 shares of the company’s stock, valued at approximately $31,067,245.44. This trade represents a 2.73% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 351,960 shares of company stock valued at $17,367,657. 14.10% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On JFrog

Several hedge funds and other institutional investors have recently modified their holdings of FROG. Blue Trust Inc. bought a new position in shares of JFrog in the 4th quarter worth $30,000. Farther Finance Advisors LLC lifted its stake in shares of JFrog by 318.7% in the fourth quarter. Farther Finance Advisors LLC now owns 628 shares of the company’s stock valued at $39,000 after buying an additional 478 shares in the last quarter. Employees Retirement System of Texas acquired a new position in shares of JFrog during the fourth quarter valued at about $44,000. First Horizon Corp acquired a new stake in shares of JFrog in the 4th quarter worth about $47,000. Finally, Caitong International Asset Management Co. Ltd boosted its stake in JFrog by 12,566.7% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 760 shares of the company’s stock valued at $47,000 after purchasing an additional 754 shares during the last quarter. 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.