JFrog (NASDAQ:FROG) Hits New 12-Month High – What’s Next?

JFrog Ltd. (NASDAQ:FROG)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $89.55 and last traded at $89.0370, with a volume of 926902 shares changing hands. The stock had previously closed at $87.58.

Analysts Set New Price Targets

FROG has been the subject of a number of research reports. BTIG Research lifted their price target on shares of JFrog from $60.00 to $80.00 and gave the company a “buy” rating in a research report on Friday, May 8th. TD Cowen raised their price objective on JFrog from $80.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, June 18th. KeyCorp lifted their price objective on JFrog from $86.00 to $89.00 and gave the stock an “overweight” rating in a report on Thursday, June 25th. Needham & Company LLC boosted their target price on JFrog from $70.00 to $80.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Finally, DA Davidson set a $90.00 target price on JFrog in a report on Friday, May 8th. Twenty-one research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $81.62.

JFrog Stock Up 0.9%

The company has a market capitalization of $11.01 billion, a price-to-earnings ratio of -171.47 and a beta of 1.23. The stock has a fifty day moving average price of $70.60 and a two-hundred day moving average price of $58.40.

JFrog (NASDAQ:FROG) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.05. The business had revenue of $153.98 million for the quarter, compared to the consensus estimate of $147.45 million. JFrog had a negative return on equity of 4.61% and a negative net margin of 10.93%.The business’s revenue was up 25.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.20 earnings per share. JFrog has set its FY 2026 guidance at 0.930-0.970 EPS and its Q2 2026 guidance at 0.230-0.25 EPS. As a group, research analysts forecast that JFrog Ltd. will post -0.15 earnings per share for the current fiscal year.

Insider Buying and Selling at JFrog

In other news, CEO Ben Haim Shlomi sold 93,072 shares of JFrog stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $84.60, for a total transaction of $7,873,891.20. Following the completion of the sale, the chief executive officer directly owned 4,658,236 shares in the company, valued at $394,086,765.60. The trade was a 1.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Yoav Landman sold 100,000 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $81.47, for a total transaction of $8,147,000.00. Following the completion of the transaction, the chief technology officer directly owned 5,734,038 shares of the company’s stock, valued at approximately $467,152,075.86. This represents a 1.71% decrease in their position. 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 ninety days, insiders have sold 750,700 shares of company stock worth $55,827,662. Corporate insiders own 11.80% of the company’s stock.

Institutional Trading of JFrog

Several hedge funds and other institutional investors have recently bought and sold shares of FROG. Millstone Evans Group LLC lifted its stake in shares of JFrog by 242.6% during the 1st quarter. Millstone Evans Group LLC now owns 603 shares of the company’s stock worth $28,000 after purchasing an additional 427 shares during the period. Blue Trust Inc. acquired a new stake in shares of JFrog during the fourth quarter worth $30,000. Western Wealth Management LLC purchased a new stake in shares of JFrog in the first quarter valued at $30,000. Bessemer Group Inc. purchased a new stake in shares of JFrog in the first quarter valued at $36,000. Finally, Farther Finance Advisors LLC grew its position 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 purchasing an additional 478 shares during the period. 85.02% of the stock is owned by hedge funds and other institutional investors.

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.