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

JFrog (NASDAQ:FROG) released 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 Trading Up 2.1 %

Shares of JFrog stock traded up $0.78 on Thursday, reaching $37.71. 2,610,084 shares of the company were exchanged, compared to its average volume of 1,010,042. The company has a market capitalization of $3.84 billion, a price-to-earnings ratio of -71.15 and a beta of 0.97. JFrog has a one year low of $22.91 and a one year high of $48.81. The company has a 50-day moving average of $32.48 and a 200 day moving average of $30.65.

Insider Buying and Selling

In other JFrog news, CTO Yoav Landman sold 15,000 shares of the company’s stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $30.26, for a total value of $453,900.00. Following the sale, the chief technology officer now owns 6,582,242 shares in the company, valued at $199,178,642.92. This represents a 0.23 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Frederic Simon sold 35,000 shares of JFrog stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $30.86, for a total value of $1,080,100.00. Following the transaction, the director now owns 4,514,432 shares of the company’s stock, valued at $139,315,371.52. This represents a 0.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 387,033 shares of company stock worth $12,621,141. Insiders own 15.70% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Barclays lowered their price target on shares of JFrog from $40.00 to $38.00 and set an “overweight” rating for the company in a research report on Monday, November 11th. Robert W. Baird upped their target price on shares of JFrog from $32.00 to $36.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Scotiabank raised their price target on JFrog from $25.00 to $30.00 and gave the stock a “sector perform” rating in a research report on Friday, November 8th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $38.00 price objective on shares of JFrog in a report on Wednesday. Finally, TD Cowen raised their target price on JFrog from $32.00 to $35.00 and gave the stock a “buy” rating in a report on Monday, October 28th. Three research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $38.06.

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.