Research Analysts Issue Forecasts for JFrog FY2025 Earnings

JFrog Ltd. (NASDAQ:FROG) – Equities research analysts at Cantor Fitzgerald issued their FY2025 earnings estimates for shares of JFrog in a report released on Tuesday, January 21st. Cantor Fitzgerald analyst J. Ruykhaver forecasts that the company will post earnings of ($0.31) per share for the year. Cantor Fitzgerald has a “Overweight” rating and a $35.00 price objective on the stock. The consensus estimate for JFrog’s current full-year earnings is ($0.32) per share.

Several other research analysts have also weighed in on FROG. Barclays lowered their price objective on shares of JFrog from $40.00 to $38.00 and set an “overweight” rating on the stock in a research note on Monday, November 11th. UBS Group boosted their price objective on shares of JFrog from $30.00 to $38.00 and gave the stock a “buy” rating in a research note on Friday, November 8th. Truist Financial reiterated a “buy” rating and issued a $35.00 price target (up previously from $33.00) on shares of JFrog in a research note on Friday, November 8th. Robert W. Baird upped their price target on shares of JFrog from $32.00 to $36.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Finally, Scotiabank upped their price target on shares of JFrog from $25.00 to $30.00 and gave the company a “sector perform” rating in a research note on Friday, November 8th. Three research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, JFrog currently has a consensus rating of “Moderate Buy” and an average target price of $37.89.

JFrog Price Performance

JFrog stock opened at $34.30 on Wednesday. The firm has a market capitalization of $3.49 billion, a PE ratio of -64.72 and a beta of 0.95. The company’s 50-day moving average is $31.08 and its 200-day moving average is $30.79. JFrog has a fifty-two week low of $22.91 and a fifty-two week high of $48.81.

JFrog (NASDAQ:FROG) last released its quarterly earnings data on Thursday, November 7th. The company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.24). The firm had revenue of $109.06 million for the quarter, compared to analyst estimates of $105.54 million. JFrog had a negative return on equity of 5.36% and a negative net margin of 13.98%. During the same quarter in the prior year, the firm earned ($0.10) earnings per share.

Insider Transactions at JFrog

In related news, CEO Ben Haim Shlomi sold 17,775 shares of the stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $31.93, for a total value of $567,555.75. Following the completion of the transaction, the chief executive officer now owns 4,957,454 shares of the company’s stock, valued at $158,291,506.22. This represents a 0.36 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Frederic Simon sold 35,000 shares of the stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $30.86, for a total transaction of $1,080,100.00. Following the completion of the transaction, the director now directly owns 4,514,432 shares of the company’s stock, valued at approximately $139,315,371.52. The trade was a 0.77 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 274,146 shares of company stock valued at $8,544,054. Company insiders own 15.70% of the company’s stock.

Hedge Funds Weigh In On JFrog

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Future Financial Wealth Managment LLC bought a new position in JFrog in the 3rd quarter valued at approximately $29,000. KBC Group NV raised its stake in shares of JFrog by 39.0% during the fourth quarter. KBC Group NV now owns 3,938 shares of the company’s stock valued at $116,000 after acquiring an additional 1,105 shares during the last quarter. West Tower Group LLC bought a new position in shares of JFrog during the third quarter valued at $116,000. Sanctuary Advisors LLC bought a new position in shares of JFrog during the second quarter valued at $188,000. Finally, Mackenzie Financial Corp raised its stake in shares of JFrog by 7.0% during the second quarter. Mackenzie Financial Corp now owns 5,841 shares of the company’s stock valued at $219,000 after acquiring an additional 384 shares during the last quarter. Institutional investors own 85.02% of the company’s stock.

JFrog Company Profile

JFrog Ltd. provides end-to-end hybrid software supply chain platform in the United States, Israel, India, and internationally. The company offers JFrog Artifactory, a package repository that allows teams and organizations to store, update, and manage their software packages; JFrog Curation that functions as a guardian outside the software development pipeline, controlling the admission of packages into an organization, primarily from open source or public repositories; JFrog Xray, which scans JFrog Artifactory to secure all software packages; JFrog Advanced Security, an optional add-on for select JFrog subscriptions; and JFrog Distribution that provides software package distribution.