JFrog (NASDAQ:FROG) Updates FY 2026 Earnings Guidance

JFrog (NASDAQ:FROG) issued an update on its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.960-1.000 for the period, compared to the consensus estimate of 0.730. The company issued revenue guidance of $648.0 million-$652.0 million, compared to the consensus revenue estimate of $632.5 million. JFrog also updated its Q3 2026 guidance to 0.220-0.240 EPS.

JFrog Stock Performance

Shares of JFrog stock traded up $5.84 during midday trading on Friday, reaching $88.88. 2,117,472 shares of the company’s stock traded hands, compared to its average volume of 3,017,148. JFrog has a 52 week low of $34.05 and a 52 week high of $99.22. The company’s 50 day simple moving average is $84.96 and its 200 day simple moving average is $62.93. The company has a market cap of $10.76 billion, a price-to-earnings ratio of -167.56 and a beta of 1.22.

JFrog (NASDAQ:FROG) last issued 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 10.93% and a negative return on equity of 4.61%. JFrog’s revenue for the quarter was up 28.7% on a year-over-year basis. 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. As a group, equities research analysts predict that JFrog will post -0.15 earnings per share for the current year.

Analyst Ratings Changes

FROG has been the topic of a number of recent analyst reports. Citigroup reissued a “buy” rating on shares of JFrog in a research note on Monday, June 8th. Morgan Stanley set a $100.00 price objective on shares of JFrog in a research note on Friday. KeyCorp upped their price objective on shares of JFrog from $89.00 to $114.00 and gave the stock an “overweight” rating in a report on Friday. JPMorgan Chase & Co. lifted their target price on shares of JFrog from $100.00 to $115.00 and gave the stock an “overweight” rating in a report on Friday. Finally, TD Cowen reissued a “buy” rating on shares of JFrog in a research report on Friday. Twenty-one 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. According to data from MarketBeat, JFrog presently has a consensus rating of “Moderate Buy” and a consensus target price of $103.90.

Insider Buying and Selling at JFrog

In related news, Director Barry Zwarenstein sold 1,250 shares of the business’s stock in a transaction dated Thursday, July 23rd. The stock was sold at an average price of $80.10, for a total transaction of $100,125.00. Following the transaction, the director directly owned 31,687 shares in the company, valued at $2,538,128.70. The trade was a 3.80% decrease in their ownership of the stock. The sale was disclosed in a legal 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 22,015 shares of JFrog stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $83.95, for a total value of $1,848,159.25. Following the sale, the executive directly owned 706,629 shares in the company, valued at $59,321,504.55. The trade was a 3.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 938,649 shares of company stock valued at $76,347,827 over the last quarter. Company insiders own 11.80% of the company’s stock.

Trending Headlines about JFrog

Here are the key news stories impacting JFrog this week:

• Positive Sentiment: Quarterly results exceeded expectations: JFrog reported adjusted EPS of $0.27 versus the $0.24 consensus estimate, while revenue rose 28.7% year over year to $163.77 million, above expectations of $155.63 million. EPS also increased from $0.18 in the prior-year quarter. JFrog Ltd. Surpasses Q2 Earnings and Revenue Estimates
• Positive Sentiment: Cloud momentum and customer expansion improved: Cloud revenue reached $87.5 million, up 53% year over year, while JFrog reported 97 customers generating more than $1 million in annual recurring revenue and 121% net dollar retention. JFrog Stock Jumps as Q2 Results Top Guidance
• Positive Sentiment: Guidance was raised above analyst expectations: Fiscal 2026 revenue is now projected at $648 million-$652 million and adjusted EPS at $0.96-$1.00, compared with consensus estimates of $632.5 million and $0.73, respectively. Third-quarter guidance also topped consensus for both revenue and EPS. JFrog Analyst Coverage
• Positive Sentiment: Analysts raised targets: Oppenheimer lifted its target to $115 and kept an “outperform” rating; BTIG raised its target to $115 with a “buy” rating; and Truist increased its target to $110 with a “buy” rating. Each target implies meaningful upside from recent trading levels.
• Neutral Sentiment: Broader software stocks also moved higher as solid earnings reports eased concerns that artificial intelligence could disrupt software companies, providing an additional sector tailwind for FROG. Stocks That Explain Today’s Market
• Negative Sentiment: JFrog continues to report a negative net margin and negative return on equity. In addition, reported insider activity showed selling but no purchases over the past six months, which may temper investor enthusiasm despite the strong operating outlook.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FROG. Wilmington Savings Fund Society FSB lifted its position in JFrog by 1,086.8% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 1,258 shares of the company’s stock valued at $60,000 after acquiring an additional 1,152 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of JFrog by 52.4% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,789 shares of the company’s stock worth $112,000 after buying an additional 615 shares in the last quarter. Tower Research Capital LLC TRC raised its position in JFrog by 7,185.4% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,987 shares of the company’s stock valued at $131,000 after buying an additional 2,946 shares during the last quarter. Acadian Asset Management LLC acquired a new stake in JFrog in the 1st quarter valued at approximately $162,000. Finally, Headlands Technologies LLC bought a new stake in JFrog in the 2nd quarter valued at approximately $181,000. 85.02% of the stock is currently owned by 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.