JFrog (NASDAQ:FROG) Releases Earnings Results, Misses Estimates By $0.28 EPS

JFrog (NASDAQ:FROG) issued its quarterly earnings results on Thursday. The company reported ($0.14) 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 Price Performance

FROG stock opened at $39.80 on Friday. JFrog has a 1-year low of $22.91 and a 1-year high of $48.81. The business’s 50 day simple moving average is $32.79 and its 200 day simple moving average is $30.71.

Analyst Ratings Changes

Several brokerages recently commented on FROG. Robert W. Baird raised their target price on JFrog from $32.00 to $36.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. TD Cowen raised their target price on JFrog from $32.00 to $35.00 and gave the stock a “buy” rating in a research report on Monday, October 28th. Scotiabank raised their target price on JFrog from $25.00 to $30.00 and gave the stock a “sector perform” rating in a research report on Friday, November 8th. Stifel Nicolaus raised their target price on JFrog from $35.00 to $45.00 and gave the stock a “buy” rating in a research report on Friday. Finally, UBS Group raised their target price on JFrog from $30.00 to $38.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. Three investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, JFrog has an average rating of “Moderate Buy” and a consensus price target of $42.17.

Insider Buying and Selling

In other news, CRO Tali Notman sold 75,635 shares of the company’s stock in a transaction 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 in the company, valued at approximately $20,383,790. This represents a 11.49 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CTO Yoav Landman sold 24,652 shares of the company’s stock in a transaction on Thursday, February 13th. The stock was sold at an average price of $37.43, for a total value of $922,724.36. Following the sale, the chief technology officer now owns 6,526,901 shares of the company’s stock, valued at approximately $244,301,904.43. This represents a 0.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 411,685 shares of company stock valued at $13,720,965. 15.70% of the stock is owned by insiders.

About JFrog

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.