JFrog (NASDAQ:FROG) Reaches New 1-Year High – Time to Buy?

JFrog Ltd. (NASDAQ:FROG) shares reached a new 52-week high during trading on Thursday . The company traded as high as $100.43 and last traded at $101.8040, with a volume of 365956 shares changing hands. The stock had previously closed at $92.80.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on FROG. KeyCorp lifted their price objective on JFrog from $89.00 to $114.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Morgan Stanley set a $100.00 target price on JFrog in a report on Friday, August 7th. Barclays reaffirmed an “overweight” rating and issued a $110.00 price target on shares of JFrog in a research note on Friday, August 7th. TD Cowen lifted their price target on shares of JFrog from $100.00 to $120.00 and gave the company a “buy” rating in a report on Friday, August 7th. Finally, Citigroup reissued a “buy” rating on shares of JFrog in a research report on Monday, June 8th. Twenty-two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $106.36.

JFrog Stock Performance

The stock has a market cap of $12.39 billion, a P/E ratio of -271.44 and a beta of 1.22. The firm has a 50-day moving average price of $87.34 and a 200-day moving average price of $66.41.

JFrog (NASDAQ:FROG) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.03. The company had revenue of $163.77 million for the quarter, compared to analyst estimates of $155.63 million. JFrog had a negative return on equity of 2.71% and a negative net margin of 7.35%.The firm’s revenue was up 28.7% on a year-over-year basis. During the same period in the previous 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, research analysts predict that JFrog Ltd. will post -0.11 earnings per share for the current year.

Insider Transactions at JFrog

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

Institutional Investors Weigh In On JFrog

A number of hedge funds and other institutional investors have recently bought and sold shares of FROG. Millstone Evans Group LLC increased its stake in shares of JFrog by 242.6% during the first quarter. Millstone Evans Group LLC now owns 603 shares of the company’s stock valued at $28,000 after purchasing an additional 427 shares in the last quarter. Farther Finance Advisors LLC boosted its position in shares of 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 purchasing an additional 478 shares in the last quarter. Western Wealth Management LLC bought a new stake in shares of JFrog in the 1st quarter worth approximately $30,000. Employees Retirement System of Texas bought a new stake in shares of JFrog in the 4th quarter worth approximately $44,000. Finally, Caitong International Asset Management Co. Ltd grew its stake in shares of JFrog by 12,566.7% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 760 shares of the company’s stock worth $47,000 after buying an additional 754 shares during the last quarter. 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.