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

JFrog (NASDAQ:FROG) announced 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 net margin of 13.98% and a negative return on equity of 5.36%. The business had revenue of $116.08 million for the quarter, compared to analysts’ expectations of $114.16 million. 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

Shares of NASDAQ:FROG traded up $2.09 during midday trading on Friday, reaching $39.80. 4,887,877 shares of the company’s stock were exchanged, compared to its average volume of 889,485. The stock has a market cap of $4.05 billion, a price-to-earnings ratio of -75.09 and a beta of 0.97. The firm’s 50 day simple moving average is $32.79 and its two-hundred day simple moving average is $30.71. JFrog has a fifty-two week low of $22.91 and a fifty-two week high of $48.81.

Insider Buying and Selling at JFrog

In other JFrog news, CEO Ben Haim Shlomi sold 20,443 shares of JFrog stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $30.60, for a total value of $625,555.80. Following the completion of the transaction, the chief executive officer now directly owns 4,937,011 shares of the company’s stock, valued at $151,072,536.60. The trade was a 0.41 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CTO Yoav Landman sold 24,652 shares of JFrog stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $37.43, for a total value of $922,724.36. Following the completion of the transaction, the chief technology officer now 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 position. The disclosure for this sale can be found here. Insiders sold a total of 411,685 shares of company stock valued at $13,720,965 in the last three months. 15.70% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages have weighed in on FROG. Canaccord Genuity Group raised their price objective on JFrog from $38.00 to $45.00 and gave the company a “buy” rating in a report on Friday. KeyCorp restated an “overweight” rating and issued a $46.00 price objective (up previously from $36.00) on shares of JFrog in a report on Friday. Robert W. Baird raised their price objective on JFrog from $32.00 to $36.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Needham & Company LLC raised their price objective on JFrog from $39.00 to $46.00 and gave the company a “buy” rating in a report on Friday. Finally, Cantor Fitzgerald restated an “overweight” rating and issued a $38.00 price objective on shares of JFrog in a report on Wednesday. Three 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 company. Based on data from MarketBeat.com, the stock has a consensus 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.