KeyCorp Forecasts Strong Price Appreciation for JFrog (NASDAQ:FROG) Stock

JFrog (NASDAQ:FROG) had its price target lifted by analysts at KeyCorp from $114.00 to $118.00 in a note issued to investors on Friday, Benzinga reports. The brokerage presently has an “overweight” rating on the stock. KeyCorp‘s price objective suggests a potential upside of 16.85% from the company’s previous close.

Other equities research analysts have also recently issued reports about the stock. Raymond James Financial set a $120.00 price objective on shares of JFrog in a research report on Friday, August 7th. Piper Sandler boosted their target price on shares of JFrog from $90.00 to $95.00 and gave the company a “neutral” rating in a report on Friday. Guggenheim upped their price target on shares of JFrog from $115.00 to $125.00 and gave the company a “buy” rating in a research report on Friday. Stifel Nicolaus set a $102.00 price target on JFrog in a report on Friday, September 4th. Finally, Truist Financial lifted their price objective on JFrog from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Wednesday, October 21st. Twenty-one equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $112.19.

JFrog Price Performance

Shares of NASDAQ:FROG opened at $100.98 on Friday. JFrog has a one year low of $34.05 and a one year high of $105.76. The company has a market cap of $12.45 billion, a price-to-earnings ratio of -561.00 and a beta of 1.31. The firm has a 50 day simple moving average of $93.42 and a 200 day simple moving average of $72.58.

JFrog (NASDAQ:FROG) last announced 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. JFrog had a negative return on equity of 1.58% and a negative net margin of 3.29%. The firm had revenue of $179.17 million for the quarter, compared to analyst estimates of $165.92 million. During the same period last year, the firm posted $0.22 earnings per share. The business’s revenue for the quarter was up 30.9% on a year-over-year basis. As a group, analysts expect that JFrog will post -0.11 EPS for the current year.

Insider Buying and Selling

In related news, CRO Tali Notman sold 19,157 shares of the business’s stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of $90.51, for a total transaction of $1,733,900.07. Following the transaction, the executive directly owned 687,472 shares in the company, valued at approximately $62,223,090.72. The trade was a 2.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Frederic Simon sold 120,000 shares of the company’s stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $90.86, for a total value of $10,903,200.00. Following the completion of the transaction, the director directly owned 2,984,328 shares of the company’s stock, valued at approximately $271,156,042.08. This represents a 3.87% 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 sold 900,453 shares of company stock worth $85,299,266 in the last ninety days. Corporate insiders own 11.80% of the company’s stock.

Institutional Investors Weigh In On JFrog

Several large investors have recently modified their holdings of the stock. Millstone Evans Group LLC lifted its stake in JFrog by 242.6% in the first quarter. Millstone Evans Group LLC now owns 603 shares of the company’s stock valued at $28,000 after purchasing an additional 427 shares during the last quarter. Western Wealth Management LLC bought a new position in JFrog during the first quarter valued at $30,000. Bessemer Group Inc. bought a new position in JFrog during the first quarter valued at $36,000. Allworth Financial LP increased its position in JFrog by 83.1% in the second quarter. Allworth Financial LP now owns 648 shares of the company’s stock worth $59,000 after buying an additional 294 shares during the last quarter. Finally, GK Wealth Management LLC purchased a new stake in JFrog in the third quarter worth $74,000. Hedge funds and other institutional investors own 85.02% of the company’s stock.

JFrog News Summary

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.

JFrog Company Profile

JFrog Ltd. develops software delivery and supply-chain tools for organizations building and deploying applications. Its platform helps teams manage software packages and other binary artifacts throughout the development lifecycle, from creation and testing to distribution and deployment.

Its products include JFrog Artifactory, a repository manager for storing and managing software artifacts, and JFrog Xray, which scans software components for security vulnerabilities and policy issues.