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

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

A number of other research analysts have also recently commented on FROG. Weiss Ratings reissued a “sell (d-)” rating on shares of JFrog in a report on Friday, July 17th. Stifel Nicolaus lifted their price objective on shares of JFrog from $75.00 to $85.00 and gave the company a “buy” rating in a research report on Tuesday, May 26th. Canaccord Genuity Group set a $105.00 target price on shares of JFrog in a report on Friday, August 7th. Oppenheimer upped their target price on shares of JFrog from $105.00 to $115.00 and gave the stock an “outperform” rating in a research report on Friday, August 7th. Finally, Barclays reaffirmed an “overweight” rating and set a $110.00 target price on shares of JFrog in a research note on Friday, August 7th. Twenty-one equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $105.81.

JFrog Price Performance

Shares of NASDAQ:FROG opened at $90.14 on Friday. The company has a market capitalization of $11.11 billion, a P/E ratio of -243.62 and a beta of 1.22. JFrog has a 1-year low of $34.05 and a 1-year high of $99.22. The firm’s 50 day simple moving average is $86.89 and its two-hundred day simple moving average is $65.83.

JFrog (NASDAQ:FROG) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.03. The firm had revenue of $163.77 million during the quarter, compared to analysts’ expectations of $155.63 million. JFrog had a negative net margin of 7.35% and a negative return on equity of 2.71%. The company’s revenue for the quarter was up 28.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.18 earnings per share. JFrog has set its Q3 2026 guidance at 0.220-0.240 EPS and its FY 2026 guidance at 0.960-1.000 EPS. On average, sell-side analysts anticipate that JFrog will post -0.11 earnings per share for the current fiscal year.

Insider Activity at JFrog

In other news, Director Frederic Simon sold 120,000 shares of the stock in a transaction on Monday, June 1st. The stock was sold at an average price of $85.84, for a total transaction of $10,300,800.00. Following the transaction, the director owned 3,224,328 shares of the company’s stock, valued at approximately $276,776,315.52. This represents a 3.59% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ben Haim Shlomi sold 93,072 shares of the stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $84.60, for a total transaction of $7,873,891.20. Following the transaction, the chief executive officer owned 4,658,236 shares in the company, valued at approximately $394,086,765.60. The trade was a 1.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 875,334 shares of company stock valued at $76,586,337. Company insiders own 11.80% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Millstone Evans Group LLC raised its stake in JFrog by 242.6% in the first quarter. Millstone Evans Group LLC now owns 603 shares of the company’s stock valued at $28,000 after buying an additional 427 shares during the last quarter. Western Wealth Management LLC purchased a new stake in shares of JFrog during the first quarter worth about $30,000. Bessemer Group Inc. acquired a new position in shares of JFrog during the first quarter valued at about $36,000. Farther Finance Advisors LLC increased its holdings in shares of JFrog by 318.7% during the fourth quarter. Farther Finance Advisors LLC now owns 628 shares of the company’s stock valued at $39,000 after acquiring an additional 478 shares in the last quarter. Finally, Employees Retirement System of Texas purchased a new position in shares of JFrog in the 4th quarter valued at approximately $44,000. Hedge funds and other institutional investors own 85.02% of the company’s stock.

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.