Piper Sandler Issues Positive Forecast for JFrog (NASDAQ:FROG) Stock Price

JFrog (NASDAQ:FROG) had its price objective upped by Piper Sandler from $90.00 to $95.00 in a research report released on Friday,Benzinga reports. Piper Sandler currently has a neutral rating on the stock.

Several other equities analysts have also recently issued reports on the company. KeyCorp reaffirmed an “overweight” rating on shares of JFrog in a research report on Tuesday, October 27th. Canaccord Genuity Group set a $105.00 price target on JFrog in a research note on Friday, August 7th. Oppenheimer boosted their price target on JFrog from $115.00 to $125.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 28th. DA Davidson reaffirmed a “buy” rating and set a $115.00 price target on shares of JFrog in a report on Friday, September 4th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $118.00 price objective on shares of JFrog in a research report on Thursday, September 3rd. Twenty-one equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, JFrog has an average rating of “Moderate Buy” and an average price target of $112.19.

JFrog Stock Up 35.3%

JFrog stock traded up $26.36 during trading hours on Friday, hitting $100.98. The stock had a trading volume of 7,028,737 shares, compared to its average volume of 1,776,768. The stock’s 50-day moving average price is $93.42 and its 200-day moving average price is $72.58. The stock has a market capitalization of $12.45 billion, a P/E ratio of -561.00 and a beta of 1.31. JFrog has a 12-month low of $34.05 and a 12-month high of $105.76.

JFrog (NASDAQ:FROG) last posted its quarterly earnings results on Thursday, November 5th. The company reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.09. The firm had revenue of $179.17 million for the quarter, compared to analysts’ expectations of $165.92 million. JFrog had a negative net margin of 7.35% and a negative return on equity of 2.71%. The business’s revenue for the quarter was up 30.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.22 earnings per share. On average, research analysts expect that JFrog will post -0.11 EPS for the current fiscal year.

Insider Activity at JFrog

In other JFrog news, CRO Tali Notman sold 18,794 shares of the stock in a transaction dated 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 transaction, the executive owned 668,678 shares of the company’s stock, valued at approximately $58,161,612.44. This represents a 2.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 Thursday, October 1st. The shares were sold at an average price of $97.24, for a total value of $11,668,800.00. Following the completion of the transaction, the director directly owned 2,744,328 shares in the company, valued at approximately $266,858,454.72. This represents a 4.19% 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 have sold 900,453 shares of company stock valued at $85,299,266 in the last 90 days. 11.80% of the stock is owned by company insiders.

Hedge Funds Weigh In On JFrog

Several institutional investors have recently made changes to their positions in FROG. Diversified Trust Co purchased a new position in shares of JFrog in the third quarter worth approximately $1,734,000. Russell Investments Group Ltd. grew its position in JFrog by 160.0% during the third quarter. Russell Investments Group Ltd. now owns 354,869 shares of the company’s stock valued at $34,437,000 after buying an additional 218,368 shares during the period. Pier 88 Investment Partners LLC bought a new stake in JFrog during the third quarter valued at approximately $543,000. Illinois Municipal Retirement Fund purchased a new stake in JFrog during the third quarter valued at approximately $3,000,000. Finally, Knights of Columbus Asset Advisors LLC increased its holdings in JFrog by 22.3% during the third quarter. Knights of Columbus Asset Advisors LLC now owns 27,865 shares of the company’s stock valued at $2,704,000 after buying an additional 5,088 shares during the last quarter. Institutional investors own 85.02% of the company’s stock.

JFrog News Roundup

Here are the key news stories impacting JFrog this week:

• Positive Sentiment: JFrog reported third-quarter adjusted EPS of $0.32, above the $0.23 consensus, while revenue of $179.2 million beat expectations of $165.9 million and grew 31% year over year. JFrog Shares Rally on Outlook Boost, 3Q Beat
• Positive Sentiment: AI-driven coding activity is boosting demand for JFrog’s software tools. Reports highlight cloud revenue growth of about 60%, reinforcing the view that the company is benefiting from wider adoption of AI coding agents. JFrog Cloud Revenue Surges 60% Amid AI-Driven Software Growth
• Positive Sentiment: The company raised its 2026 revenue outlook to $680–$682 million and projected cloud baseline growth of 52%–54%, signaling continued momentum beyond the quarterly beat. JFrog Projects 2026 Revenue and Cloud Growth
• Positive Sentiment: Several firms raised price targets and kept bullish ratings: RBC to $121, Truist to $120, KeyCorp to $118 and Canaccord to $110. These revisions reflect stronger analyst expectations after the results. Truist Raises JFrog Price Target
• Negative Sentiment: Piper Sandler raised its target from $90 to $95 but maintained a neutral rating; the target remains below the stock’s recent trading level, suggesting some analysts see limited near-term upside after the rally.

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.