JFrog (NASDAQ:FROG) Shares Up 6.5% – What’s Next?

JFrog Ltd. (NASDAQ:FROG)’s stock price shot up 6.5% during trading on Wednesday. The company traded as high as $95.68 and last traded at $96.2750. 597,436 shares were traded during trading, a decline of 79% from the average session volume of 2,802,124 shares. The stock had previously closed at $90.37.

Wall Street Analyst Weigh In

FROG has been the subject of a number of recent analyst reports. KeyCorp upped their price objective on JFrog from $89.00 to $114.00 and gave the stock an “overweight” rating in a research note on Friday, August 7th. JPMorgan Chase & Co. lifted their target price on JFrog from $100.00 to $115.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. Canaccord Genuity Group set a $105.00 price target on JFrog in a report on Friday, August 7th. Morgan Stanley set a $100.00 price target on JFrog in a research note on Friday, August 7th. Finally, DA Davidson reaffirmed a “buy” rating and set a $115.00 price objective on shares of JFrog in a report on Friday, September 4th. Twenty-one research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $109.48.

JFrog Stock Up 6.9%

The business has a 50 day moving average of $88.91 and a 200 day moving average of $74.43. The company has a market capitalization of $11.91 billion, a P/E ratio of -260.36 and a beta of 1.28.

JFrog (NASDAQ:FROG) last released 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 business had revenue of $163.77 million for the quarter, compared to the consensus estimate of $155.63 million. JFrog had a negative return on equity of 2.71% and a negative net margin of 7.35%.The company’s revenue was up 28.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.18 EPS. 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 anticipate that JFrog Ltd. will post -0.11 EPS for the current year.

Insider Buying and Selling

In other JFrog news, Director Barry Zwarenstein sold 1,250 shares of JFrog stock in a transaction on Monday, September 14th. The shares were sold at an average price of $88.38, for a total value of $110,475.00. Following the completion of the transaction, the director directly owned 30,437 shares of the company’s stock, valued at $2,690,022.06. This trade represents a 3.94% decrease in their position. The sale 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 the business’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $86.98, for a total transaction of $1,634,702.12. Following the completion of the sale, the executive owned 668,678 shares in the company, 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. Insiders have sold a total of 796,153 shares of company stock valued at $74,553,216 in the last three months. Corporate insiders own 11.80% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in FROG. Millstone Evans Group LLC increased its stake in JFrog by 242.6% during 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 during the last quarter. Western Wealth Management LLC bought a new position in shares of JFrog during the 1st quarter valued at approximately $30,000. Bessemer Group Inc. bought a new position in shares of JFrog during the 1st quarter valued at approximately $36,000. Caitong International Asset Management Co. Ltd raised its holdings 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 buying an additional 754 shares during the period. Finally, Allworth Financial LP raised its holdings in JFrog by 83.1% during the 2nd quarter. Allworth Financial LP now owns 648 shares of the company’s stock valued at $59,000 after buying an additional 294 shares during the period. Institutional investors own 85.02% of the company’s stock.

JFrog Company Profile

JFrog Ltd. develops a software supply chain platform that helps organizations build, manage, secure and distribute software across cloud, on-premises and hybrid environments. Its platform is designed to support DevOps and DevSecOps workflows by connecting software development, security and operations teams throughout the application lifecycle.

The company’s product portfolio includes JFrog Artifactory, a repository for storing and managing software packages and artifacts; JFrog Xray, which provides security and compliance analysis; and tools for software release automation, distribution, artifact curation and runtime protection.