Bullfrog AI (BFRG) Expected to Announce Quarterly Earnings on Wednesday

Bullfrog AI (NASDAQ:BFRG) is expected to be issuing its results before the market opens on Wednesday, August 12th. Analysts expect Bullfrog AI to announce earnings of ($0.11) per share for the quarter.

Bullfrog AI (NASDAQ:BFRG) last posted its earnings results on Thursday, May 14th. The company reported ($0.12) earnings per share for the quarter. On average, analysts expect Bullfrog AI to post $-0 EPS for the current fiscal year and $-0 EPS for the next fiscal year.

Bullfrog AI Stock Up 7.4%

Bullfrog AI stock opened at $0.62 on Wednesday. The business has a 50-day simple moving average of $0.67 and a two-hundred day simple moving average of $0.70. The company has a market cap of $11.45 million, a P/E ratio of -1.14 and a beta of -2.70. Bullfrog AI has a 52-week low of $0.43 and a 52-week high of $2.04.

Wall Street Analysts Forecast Growth

BFRG has been the subject of a number of recent research reports. Wall Street Zen upgraded Bullfrog AI from a “sell” rating to a “hold” rating in a research note on Saturday, July 4th. Weiss Ratings upgraded shares of Bullfrog AI from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday. Finally, Zacks Research raised shares of Bullfrog AI to a “hold” rating in a report on Friday, June 26th. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Bullfrog AI has a consensus rating of “Reduce”.

Hedge Funds Weigh In On Bullfrog AI

A hedge fund recently bought a new stake in Bullfrog AI stock. DRW Securities LLC bought a new position in shares of Bullfrog AI Holdings Inc. (NASDAQ:BFRG) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 102,062 shares of the company’s stock, valued at approximately $90,000. DRW Securities LLC owned about 0.89% of Bullfrog AI as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 0.96% of the company’s stock.

About Bullfrog AI

Bullfrog AI, Inc (NASDAQ: BFRG) is a technology company specializing in AI-driven knowledge management and enterprise search solutions. The firm offers a cloud-native platform designed to help organizations surface, organize and analyze unstructured data across multiple sources. By leveraging machine learning, natural language processing and knowledge graph techniques, Bullfrog AI enables users to discover relevant insights from documents, emails, databases and other repositories in real time.

The company’s flagship product is the Bullfrog Enterprise Intelligence Platform, which combines semantic search, contextual relevance ranking and generative AI capabilities.