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

JFrog (NASDAQ:FROG) announced its quarterly earnings data on Thursday. The company reported ($0.14) EPS for the quarter, missing the consensus estimate of $0.14 by ($0.28), Zacks reports. The company had revenue of $116,080 billion during the quarter, compared to analysts’ expectations of $114.25 million. JFrog had a negative net margin of 13.98% and a negative return on equity of 5.36%. 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

NASDAQ FROG traded up $2.09 on Friday, reaching $39.80. The stock had a trading volume of 4,887,877 shares, compared to its average volume of 889,485. JFrog has a 12-month low of $22.91 and a 12-month high of $48.81. The business’s 50-day moving average price is $32.79 and its 200 day moving average price is $30.71. The stock has a market cap of $4.05 billion, a P/E ratio of -75.09 and a beta of 0.97.

Insider Transactions at JFrog

In other JFrog news, CFO Eduard Grabscheid sold 834 shares of the company’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $30.60, for a total value of $25,520.40. Following the sale, the chief financial officer now owns 97,260 shares of the company’s stock, valued at approximately $2,976,156. This represents a 0.85 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Yossi Sela sold 25,000 shares of the firm’s stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $31.86, for a total value of $796,500.00. Following the completion of the sale, the director now directly owns 355,129 shares in the company, valued at approximately $11,314,409.94. The trade was a 6.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders 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 insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. KeyCorp reaffirmed an “overweight” rating and set a $46.00 price objective (up previously from $36.00) on shares of JFrog in a research note on Friday. Stifel Nicolaus lifted their price target on shares of JFrog from $35.00 to $45.00 and gave the company a “buy” rating in a research note on Friday. UBS Group lifted their price target on shares of JFrog from $30.00 to $38.00 and gave the company a “buy” rating in a research note on Friday, November 8th. Scotiabank lifted 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. Finally, Barclays lifted their target price on shares of JFrog from $38.00 to $48.00 and gave the stock an “overweight” rating in a research note on Friday. Three analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus 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.