JFrog (NASDAQ:FROG) Announces Earnings Results

JFrog (NASDAQ:FROG) issued its earnings results on Thursday. The company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.28), Zacks reports. JFrog had a negative return on equity of 5.36% and a negative net margin of 13.98%. JFrog updated its FY 2025 guidance to 0.670-0.690 EPS and its Q1 2025 guidance to 0.150-0.170 EPS.

JFrog Stock Performance

FROG stock opened at $39.80 on Friday. JFrog has a twelve month low of $22.91 and a twelve month high of $48.81. The stock’s 50 day moving average is $32.79 and its 200-day moving average is $30.71.

Insider Activity

In related news, CRO Tali Notman sold 75,635 shares of the stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $35.00, for a total transaction of $2,647,225.00. Following the completion of the sale, the executive now directly owns 582,394 shares of the company’s stock, valued at approximately $20,383,790. This trade represents a 11.49 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CTO Yoav Landman sold 24,652 shares of the stock in a transaction that occurred on Thursday, February 13th. The shares were sold at an average price of $37.43, for a total value of $922,724.36. Following the sale, the chief technology officer now directly owns 6,526,901 shares of the company’s stock, valued at $244,301,904.43. The trade was a 0.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 411,685 shares of company stock worth $13,720,965 over the last 90 days. 15.70% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Scotiabank increased their price target on JFrog from $25.00 to $30.00 and gave the company a “sector perform” rating in a research note on Friday, November 8th. Needham & Company LLC upped their target price on JFrog from $39.00 to $46.00 and gave the company a “buy” rating in a research report on Friday. Morgan Stanley upped their target price on JFrog from $36.00 to $44.00 and gave the company an “overweight” rating in a research report on Friday. Truist Financial upped their target price on JFrog from $35.00 to $45.00 and gave the company a “buy” rating in a research report on Friday. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $38.00 target price on shares of JFrog in a research report on Wednesday. Three analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $42.17.

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.