JFrog (NASDAQ:FROG) Downgraded by Wall Street Zen to “Hold”

Wall Street Zen cut shares of JFrog (NASDAQ:FROG) from a buy rating to a hold rating in a report issued on Saturday morning,Wall Street Zen reports.

A number of other analysts have also recently weighed in on FROG. TD Cowen reiterated a “buy” rating and issued a $120.00 price target on shares of JFrog in a research report on Thursday, September 3rd. Piper Sandler lifted their price objective on JFrog from $65.00 to $90.00 and gave the company a “neutral” rating in a report on Friday, August 7th. JPMorgan Chase & Co. boosted their target price on shares of JFrog from $100.00 to $115.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. Stifel Nicolaus set a $102.00 target price on shares of JFrog in a report on Friday, September 4th. Finally, KeyCorp increased their target price on shares of JFrog from $89.00 to $114.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Twenty-one 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. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $109.48.

JFrog Trading Up 7.2%

FROG opened at $100.62 on Friday. The business has a 50 day moving average of $93.30 and a 200-day moving average of $80.67. The stock has a market capitalization of $12.41 billion, a price-to-earnings ratio of -271.94 and a beta of 1.24. JFrog has a 1-year low of $34.05 and a 1-year high of $105.76.

JFrog (NASDAQ:FROG) last released its earnings results on Thursday, August 6th. The company reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.03. JFrog had a negative return on equity of 2.71% and a negative net margin of 7.35%. The business had revenue of $163.77 million for the quarter, compared to the consensus estimate of $155.63 million. During the same period last year, the business earned $0.18 earnings per share. The firm’s revenue for the quarter was up 28.7% compared to the same quarter last year. JFrog has set its Q3 2026 guidance at 0.220-0.240 EPS and its FY 2026 guidance at 0.960-1.000 EPS. Equities analysts predict that JFrog will post -0.11 EPS for the current year.

Insider Activity

In related news, Director Barry Zwarenstein sold 1,250 shares of the business’s stock in a transaction that occurred on Tuesday, October 20th. The shares were sold at an average price of $90.10, for a total transaction of $112,625.00. Following the completion of the sale, the director directly owned 29,187 shares of the company’s stock, valued at $2,629,748.70. The trade was a 4.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Tali Notman sold 18,794 shares of JFrog stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $86.98, for a total value of $1,634,702.12. Following the sale, the executive directly owned 668,678 shares of the company’s stock, valued at approximately $58,161,612.44. This trade represents a 2.73% 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 sold 915,453 shares of company stock worth $86,664,266. Corporate insiders own 11.80% of the company’s stock.

Hedge Funds Weigh In On JFrog

Several hedge funds have recently added to or reduced their stakes in FROG. Millstone Evans Group LLC increased its holdings 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 acquiring an additional 427 shares in the last quarter. Western Wealth Management LLC bought a new stake in JFrog in the 1st quarter valued at approximately $30,000. Bessemer Group Inc. acquired a new position in JFrog during the first quarter worth $36,000. Allworth Financial LP boosted its holdings in JFrog by 83.1% during the second quarter. Allworth Financial LP now owns 648 shares of the company’s stock worth $59,000 after purchasing an additional 294 shares during the last quarter. Finally, GK Wealth Management LLC bought a new position in JFrog in the third quarter valued at $74,000. Institutional investors and hedge funds own 85.02% of the company’s stock.

Key Stories Impacting JFrog

Here are the key news stories impacting JFrog this week:

• Positive Sentiment: JFrog’s new AI-SEC products strengthen its growth narrative. The company introduced tools for detecting “shadow AI,” scanning AI assets and enforcing policies across development and production environments. The offering expands JFrog beyond artifact management into the potentially higher-value AI-security market. JFrog AI Security article
• Positive Sentiment: New DevGovOps and compliance capabilities could support enterprise adoption. Features including signed compliance evidence, repository-level policies and DORA-related controls position JFrog as a broader software governance platform and may improve customer retention. JFrog DevGovOps announcement
• Positive Sentiment: Analyst sentiment remains supportive. Truist raised its price target to $115 while maintaining a Buy rating, citing confidence in JFrog’s growth outlook. Recent institutional filings also showed substantial share additions by BlackRock, JPMorgan and other investors.
• Neutral Sentiment: The upcoming earnings report is the next major catalyst. JFrog previously beat quarterly revenue and EPS expectations, with revenue up 28.7% year over year, but investors will look for confirmation that cloud momentum and fiscal-year guidance remain on track. JFrog pre-earnings sentiment article
• Negative Sentiment: Insider selling is a risk signal. Director Barry Zwarenstein sold 1,250 shares under a pre-arranged Rule 10b5-1 plan. Separately, company insiders have reported numerous sales and no open-market purchases in the past six months, which could temper enthusiasm despite the recent product and analyst catalysts.

About JFrog

JFrog Ltd. is a software company that provides a platform for managing, securing and distributing software packages and releases throughout the application development lifecycle. Its technology is designed to help organizations move software reliably from development through production across cloud, on-premises and hybrid environments.

The company’s products include JFrog Artifactory, a repository for storing and managing software packages and container images; JFrog Xray, which provides security and compliance analysis for software components; and tools for continuous integration, continuous delivery, software distribution and release management.