JFrog (FROG) Stock Forecast, Price Target & Predictions


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FROG Stock Forecast


JFrog stock forecast is as follows: an average price target of $34.18 (represents a 22.12% upside from FROG’s last price of $27.99) and a rating consensus of 'Buy', based on 20 wall street analysts offering a 1-year stock forecast.

FROG Price Target


The average price target for JFrog (FROG) is $34.18 based on 1-year price targets from 20 Wall Street analysts in the past 3 months, with a price target range of $50.00 to $25.00. This represents a potential 22.12% upside from FROG's last price of $27.99.

FROG Analyst Ratings


Buy

According to 20 Wall Street analysts, JFrog's rating consensus is 'Buy'. The analyst rating breakdown for FROG stock is 0 'Strong Buy' (0.00%), 13 'Buy' (65.00%), 7 'Hold' (35.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

JFrog Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 12, 2024Shrenik KothariRobert W. Baird$32.00$28.0913.92%14.33%
Sep 11, 2024Gil LuriaD.A. Davidson$40.00$27.6144.88%42.91%
Aug 26, 2024Jason CelinoKeyBanc$30.00$26.6612.53%7.18%
Aug 15, 2024Kingsley CraneCanaccord Genuity$38.00$26.5043.40%35.76%
Aug 08, 2024Miller JumpTruist Financial$30.00$34.05-11.89%7.18%
Aug 08, 2024Nick AltmannScotiabank$25.00$23.884.71%-10.68%
Aug 08, 2024Mike CikosNeedham$30.00$23.8925.60%7.18%
Aug 08, 2024Rob OwensPiper Sandler$32.00$34.05-6.02%14.33%
Jun 26, 2024Ryan MacWilliamsBarclays$50.00$34.8143.64%78.64%
Jun 14, 2024Gil LuriaD.A. Davidson$55.00$33.9761.91%96.50%
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The latest JFrog stock forecast, released on Sep 12, 2024 by Shrenik Kothari from Robert W. Baird, set a price target of $32.00, which represents a 13.92% increase from the stock price at the time of the forecast ($28.09), and a 14.33% increase from FROG last price ($27.99).

JFrog Price Target by Period


1M3M12M
# Anlaysts3914
Avg Price Target$34.00$34.11$39.00
Last Closing Price$27.99$27.99$27.99
Upside/Downside21.47%21.86%39.34%

In the current month, the average price target of JFrog stock is $34.00, according to 3 Wall Street analysts offering twelve months forecast. The average price target represents a 21.47% increase as opposed to JFrog's last price of $27.99. This month's average price target is down -0.32% compared to last quarter, and down -12.82% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 11, 2024Cowen & Co.BuyBuyHold
Aug 26, 2024KeyBancOverweightOverweightHold
Aug 08, 2024Cowen & Co.BuyBuyHold
Aug 08, 2024Morgan StanleyOverweightOverweightHold
Aug 08, 2024Canaccord GenuityBuyBuyHold
Aug 08, 2024ScotiabankSector PerformSector PerformHold
Aug 08, 2024NeedhamBuyBuyHold
Aug 08, 2024Oppenheimer-PerformDowngrade
Aug 08, 2024Piper SandlerNeutralNeutralHold
Jul 24, 2024Cowen & Co.-BuyInitialise
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JFrog's last stock rating was published by Cowen & Co. on Sep 11, 2024. The company gave FROG a "Buy" rating, the same as its previous rate.

JFrog Financial Forecast


JFrog Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
Revenue------------$97.26M$88.64M$84.17M$79.82M$76.55M$71.99M-$63.70M$59.24M$53.70M$48.66M$45.09M$42.69M$38.89M
Avg Forecast$161.85M$150.03M$144.90M$140.65M$135.26M$125.58M$121.80M$117.80M$113.99M$105.59M$103.41M$98.61M$93.07M$87.55M$82.99M$78.40M$77.00M$71.08M$65.52M$61.17M$58.04M$52.53M$48.21M$44.82M$41.51M$37.87M
High Forecast$162.96M$151.05M$145.89M$141.61M$136.18M$126.44M$122.63M$118.60M$114.77M$105.95M$104.12M$99.29M$93.40M$88.58M$83.56M$78.93M$77.52M$71.57M$65.52M$61.79M$58.63M$53.06M$48.70M$45.28M$41.93M$38.25M
Low Forecast$160.95M$149.19M$144.09M$139.87M$134.50M$124.88M$121.12M$117.14M$113.36M$105.25M$102.83M$98.06M$92.94M$86.99M$82.53M$77.96M$76.57M$70.69M$65.52M$60.50M$57.41M$51.95M$47.68M$44.33M$41.06M$37.45M
# Analysts66121110987813647136655556121110109
Surprise %------------1.04%1.01%1.01%1.02%0.99%1.01%-1.04%1.02%1.02%1.01%1.01%1.03%1.03%

JFrog's average Quarter revenue forecast for Mar 24 based on 4 analysts is $98.61M, with a low forecast of $98.06M, and a high forecast of $99.29M. FROG's average Quarter revenue forecast represents a 1.39% increase compared to the company's last Quarter revenue of $97.26M (Dec 23).

JFrog EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts66121110987813647136655556121110109
EBITDA------------$5.04M$1.70M$-458.00K$-19.37M$-20.99M$-19.74M-$-15.62M$-18.99M$-17.84M$-12.46M$-9.25M$-6.53M$-4.09M
Avg Forecast$-27.14M$-25.16M$-24.30M$-23.58M$-22.68M$-21.06M$-20.42M$-19.75M$-19.11M$-17.70M$-17.34M$-12.31M$-15.61M$-14.68M$-13.92M$-11.19M$-12.91M$-15.09M$-10.99M$-10.26M$-14.96M$-13.72M$-8.08M$-10.17M$-6.53M$-6.35M
High Forecast$-26.99M$-25.02M$-24.16M$-23.45M$-22.55M$-20.94M$-20.31M$-19.64M$-19.01M$-17.65M$-17.24M$-9.85M$-15.58M$-14.59M$-13.84M$-8.95M$-12.84M$-12.07M$-10.99M$-10.15M$-11.97M$-10.98M$-8.00M$-8.14M$-5.23M$-6.28M
Low Forecast$-27.32M$-25.33M$-24.46M$-23.75M$-22.83M$-21.20M$-20.56M$-19.89M$-19.24M$-17.77M$-17.46M$-14.77M$-15.66M$-14.85M$-14.01M$-13.43M$-13.00M$-18.11M$-10.99M$-10.36M$-17.95M$-16.47M$-8.17M$-12.20M$-7.84M$-6.41M
Surprise %-------------0.32%-0.12%0.03%1.73%1.63%1.31%-1.52%1.27%1.30%1.54%0.91%1.00%0.64%

4 analysts predict FROG's average Quarter EBITDA for Mar 24 to be $-12.31M, with a high of $-9.85M and a low of $-14.77M. This is -343.93% lower than JFrog's previous annual EBITDA (Dec 23) of $5.04M.

JFrog Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts66121110987813647136655556121110109
Net Income------------$-11.23M$-13.75M$-15.47M$-20.81M$-23.16M$-23.55M-$-19.70M$-22.70M$-20.46M$-13.15M$-7.89M$-3.71M$-5.26M
Avg Forecast$22.59M$18.88M$19.68M$18.18M$20.33M$17.54M$16.83M$16.12M$15.30M$11.52M$15.83M$-10.51M$13.57M$8.92M$5.53M$-9.55M$1.76M$-17.32M$-3.57M$2.95K$-17.88M$-15.74M$1.05M$-8.68M$-3.71M$-526.55K
High Forecast$22.79M$19.05M$19.85M$18.34M$20.51M$17.70M$16.98M$16.27M$15.44M$12.67M$15.97M$-8.41M$13.69M$10.03M$5.58M$-7.64M$1.78M$-13.85M$-3.57M$2.99K$-14.30M$-12.59M$1.07M$-6.95M$-2.97M$-519.06K
Low Forecast$22.42M$18.75M$19.54M$18.05M$20.18M$17.42M$16.71M$16.01M$15.19M$11.44M$15.71M$-12.61M$12.53M$8.85M$5.49M$-11.46M$1.75M$-20.78M$-3.57M$2.91K$-21.46M$-18.89M$1.04M$-10.42M$-4.46M$-533.48K
Surprise %-------------0.83%-1.54%-2.80%2.18%-13.15%1.36%--6683.85%1.27%1.30%-12.49%0.91%1.00%10.00%

JFrog's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. FROG's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

JFrog SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts66121110987813647136655556121110109
SG&A------------$7.33M$6.19M$4.76M$49.73M$50.63M$47.83M-$41.87M$43.04M$40.02M$37.13M$33.44M$30.96M$26.64M
Avg Forecast$105.00M$97.33M$94.01M$91.25M$87.75M$81.47M$79.02M$76.42M$73.95M$68.50M$67.09M$44.50M$60.38M$56.80M$53.84M$40.46M$49.95M$33.86M$42.51M$39.69M$33.91M$30.78M$31.28M$36.78M$30.96M$24.57M
High Forecast$105.72M$97.99M$94.65M$91.87M$88.35M$82.03M$79.56M$76.94M$74.46M$68.73M$67.55M$53.40M$60.60M$57.47M$54.21M$48.55M$50.29M$40.63M$42.51M$40.09M$40.70M$36.94M$31.59M$44.14M$37.16M$24.82M
Low Forecast$104.42M$96.79M$93.48M$90.74M$87.26M$81.01M$78.58M$75.99M$73.54M$68.28M$66.71M$35.60M$60.30M$56.44M$53.54M$32.37M$49.67M$27.09M$42.51M$39.25M$27.13M$24.63M$30.93M$29.42M$24.77M$24.30M
Surprise %------------0.12%0.11%0.09%1.23%1.01%1.41%-1.06%1.27%1.30%1.19%0.91%1.00%1.08%

JFrog's average Quarter SG&A projection for Mar 24 is $44.50M, based on 4 Wall Street analysts, with a range of $35.60M to $53.40M. The forecast indicates a 506.97% rise compared to FROG last annual SG&A of $7.33M (Dec 23).

JFrog EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts66121110987813647136655556121110109
EPS------------$-0.11$-0.13$-0.15$-0.21$-0.23$-0.24-$-0.20$-0.23$-0.21$-0.14$-0.09$-0.04$-0.14
Avg Forecast$0.21$0.17$0.18$0.17$0.19$0.16$0.15$0.15$0.14$0.11$0.15$0.14$0.12$0.08$0.05$0.03$0.02-$-0.03--$-0.03$0.01$0.01$0.02$-0.01
High Forecast$0.21$0.17$0.18$0.17$0.19$0.16$0.16$0.15$0.14$0.12$0.15$0.14$0.13$0.09$0.05$0.03$0.02-$-0.03--$-0.03$0.01$0.01$0.02$-0.00
Low Forecast$0.21$0.17$0.18$0.17$0.19$0.16$0.15$0.15$0.14$0.10$0.14$0.14$0.11$0.08$0.05$0.03$0.02-$-0.03--$-0.03$0.01$0.01$0.02$-0.01
Surprise %-------------0.88%-1.59%-2.95%-6.46%-14.23%-808.08%--7142.86%-67.19%7.24%-14.00%-9.00%-2.44%28.00%

According to undefined Wall Street analysts, JFrog's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to FROG previous annual EPS of $NaN (undefined).

JFrog Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
BILLBill.com$51.91$149.26187.54%Buy
FSLYFastly$6.70$16.50146.27%Hold
ASANAsana$12.12$24.93105.69%Buy
JAMFJamf$17.81$31.8678.89%Buy
AYXAlteryx$48.26$80.8667.55%Buy
TEAMAtlassian$163.74$237.6745.15%Buy
PCORProcore$58.00$73.5626.83%Buy
DDOGDatadog$109.26$138.4926.75%Buy
FROGJFrog$27.99$34.1822.12%Buy
PEGAPegasystems$67.29$79.4318.04%Buy
GTLBGitLab$54.49$63.2015.98%Buy
PWSCPowerSchool$22.76$24.085.80%Hold
MNDYmonday$255.73$269.925.55%Buy

FROG Forecast FAQ


Yes, according to 20 Wall Street analysts, JFrog (FROG) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 13 'Buy' recommendations, accounting for 65.00% of FROG's total ratings.

JFrog (FROG) average price target is $34.18 with a range of $25 to $50, implying a 22.12% from its last price of $27.99. The data is based on 20 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for FROG stock, the company can go up by 22.12% (from the last price of $27.99 to the average price target of $34.18), up by 78.64% based on the highest stock price target, and down by -10.68% based on the lowest stock price target.

FROG's highest twelve months analyst stock price target of $50 supports the claim that JFrog can reach $40 in the near future.

3 Wall Street analysts forecast a $34 price target for JFrog (FROG) this month, up 21.47% from its last price of $27.99. Compared to the last 3 and 12 months, the average price target increased by 21.86% and increased by 39.34%, respectively.

JFrog's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $500.44M (high $503.85M, low $497.64M), average EBITDA is $-83.911M (high $-83.442M, low $-84.483M), average net income is $70.83M (high $71.45M, low $70.31M), average SG&A $324.66M (high $326.87M, low $322.84M), and average EPS is $0.65 (high $0.656, low $0.645). FROG's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $597.44M (high $601.51M, low $594.1M), average EBITDA is $-100M (high $-99.617M, low $-101M), average net income is $79.33M (high $80.04M, low $78.76M), average SG&A $387.59M (high $390.23M, low $385.42M), and average EPS is $0.728 (high $0.735, low $0.723).

Based on JFrog's last annual report (Dec 2023), the company's revenue was $349.89M, beating the average analysts forecast of $342.02M by 2.30%. Apple's EBITDA was $1.5M, missing the average prediction of $-55.391M by -102.70%. The company's net income was $-61.256M, missing the average estimation of $18.47M by -431.74%. Apple's SG&A was $22.36M, missing the average forecast of $211.48M by -89.43%. Lastly, the company's EPS was $-0.59, missing the average prediction of $0.29 by -303.68%. In terms of the last quarterly report (Dec 2023), JFrog's revenue was $97.26M, beating the average analysts' forecast of $93.07M by 4.50%. The company's EBITDA was $5.04M, missing the average prediction of $-15.606M by -132.33%. JFrog's net income was $-11.233M, missing the average estimation of $13.57M by -182.77%. The company's SG&A was $7.33M, missing the average forecast of $60.38M by -87.86%. Lastly, the company's EPS was $-0.11, missing the average prediction of $0.125 by -188.30%