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 $34.45 (represents a 12.36% upside from FROG’s last price of $30.66) and a rating consensus of 'Buy', based on 19 wall street analysts offering a 1-year stock forecast.

FROG Price Target

The average price target for JFrog (FROG) is $34.45 based on 1-year price targets from 19 Wall Street analysts in the past 3 months, with a price target range of $50.00 to $25.00. This represents a potential 12.36% upside from FROG's last price of $30.66.

FROG Analyst Ratings

Buy

According to 19 Wall Street analysts, JFrog's rating consensus is 'Buy'. The analyst rating breakdown for FROG stock is 0 'Strong Buy' (0.00%), 13 'Buy' (68.42%), 6 'Hold' (31.58%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

JFrog Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Sep 16, 2024	Mike Cikos	Needham	$33.00	$27.99	17.90%	7.63%
Sep 12, 2024	Shrenik Kothari	Robert W. Baird	$32.00	$28.09	13.92%	4.37%
Sep 11, 2024	Gil Luria	D.A. Davidson	$40.00	$27.61	44.88%	30.46%
Aug 26, 2024	Jason Celino	KeyBanc	$30.00	$26.66	12.53%	-2.15%
Aug 15, 2024	Kingsley Crane	Canaccord Genuity	$38.00	$26.50	43.40%	23.94%
Aug 08, 2024	Miller Jump	Truist Financial	$30.00	$34.05	-11.89%	-2.15%
Aug 08, 2024	Nick Altmann	Scotiabank	$25.00	$23.88	4.71%	-18.46%
Aug 08, 2024	Mike Cikos	Needham	$30.00	$23.89	25.60%	-2.15%
Aug 08, 2024	Rob Owens	Piper Sandler	$32.00	$34.05	-6.02%	4.37%
Jun 26, 2024	Ryan MacWilliams	Barclays	$50.00	$34.81	43.64%	63.08%

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The latest JFrog stock forecast, released on Sep 16, 2024 by Mike Cikos from Needham, set a price target of $33.00, which represents a 17.90% increase from the stock price at the time of the forecast ($27.99), and a 7.63% increase from FROG last price ($30.66).

JFrog Price Target by Period

	1M	3M	12M
# Anlaysts	-	4	15
Avg Price Target	-	$33.75	$38.60
Last Closing Price	$30.66	$30.66	$30.66
Upside/Downside	-100.00%	10.08%	25.90%

In the current month, the average price target of JFrog stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to JFrog's last price of $30.66. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 28, 2024	Cowen & Co.	Buy	Buy	Hold
Oct 14, 2024	UBS	Sector Perform	Sector Perform	Hold
Oct 14, 2024	Scotiabank	Underperform	Underperform	Hold
Sep 16, 2024	Needham	Buy	Buy	Hold
Sep 11, 2024	Cowen & Co.	Buy	Buy	Hold
Aug 26, 2024	KeyBanc	Overweight	Overweight	Hold
Aug 08, 2024	Cowen & Co.	Buy	Buy	Hold
Aug 08, 2024	Morgan Stanley	Overweight	Overweight	Hold
Aug 08, 2024	Canaccord Genuity	Buy	Buy	Hold
Aug 08, 2024	Scotiabank	Sector Perform	Sector Perform	Hold

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JFrog's last stock rating was published by Cowen & Co. on Oct 28, 2024. The company gave FROG a "Buy" rating, the same as its previous rate.

JFrog Financial Forecast

JFrog Revenue Forecast

	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$97.26M	$88.64M	$84.17M	$79.82M	$76.55M	$71.99M	$67.81M	$63.70M	$59.24M	$53.70M	$48.66M	$45.09M	$42.69M	$38.89M
Avg Forecast	$177.00M	$169.00M	$160.00M	$157.00M	$160.57M	$151.25M	$144.43M	$139.80M	$134.27M	$127.37M	$121.36M	$117.34M	$114.25M	$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	$178.24M	$170.18M	$161.12M	$158.10M	$161.69M	$152.31M	$145.44M	$140.77M	$135.20M	$128.26M	$122.21M	$117.92M	$114.49M	$105.60M	$103.50M	$98.61M	$93.40M	$88.58M	$83.57M	$78.95M	$77.53M	$71.08M	$65.52M	$61.17M	$58.04M	$52.53M	$48.21M	$44.82M	$41.51M	$37.87M
Low Forecast	$175.99M	$168.03M	$159.08M	$156.10M	$159.65M	$150.39M	$143.60M	$139.00M	$133.50M	$126.64M	$120.67M	$116.65M	$114.09M	$105.58M	$103.32M	$98.61M	$92.94M	$86.99M	$82.52M	$77.95M	$76.55M	$71.08M	$65.52M	$61.17M	$58.04M	$52.53M	$48.21M	$44.82M	$41.51M	$37.87M
# Analysts	9	9	9	9	9	9	9	9	8	8	8	10	12	6	3	4	7	13	6	6	5	5	5	11	12	11	10	9	9	8
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.04%	1.01%	1.01%	1.02%	0.99%	1.01%	1.03%	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 $98.61M, and a high forecast of $98.61M. 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 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
# Analysts	9	9	9	9	9	9	9	9	8	8	8	10	12	6	3	4	7	13	6	6	5	5	5	11	12	11	10	9	9	8
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$5.04M	$1.70M	$-458.00K	$-19.37M	$-20.99M	$-19.74M	$-18.84M	$-15.62M	$-18.99M	$-17.84M	$-12.46M	$-9.25M	$-6.53M	$-4.09M
Avg Forecast	$-29.68M	$-28.34M	$-26.83M	$-26.33M	$-26.92M	$-25.36M	$-24.22M	$-23.44M	$-22.51M	$-21.36M	$-20.35M	$-19.67M	$-19.16M	$-17.71M	$-17.34M	$-12.31M	$-15.61M	$-14.68M	$-13.92M	$-11.19M	$-16.45M	$-11.92M	$-23.41M	$-10.26M	$-9.73M	$-8.81M	$-8.08M	$-10.17M	$-6.53M	$-6.35M
High Forecast	$-29.51M	$-28.18M	$-26.67M	$-26.17M	$-26.77M	$-25.22M	$-24.08M	$-23.31M	$-22.38M	$-21.23M	$-20.23M	$-19.56M	$-19.13M	$-17.70M	$-17.33M	$-9.85M	$-15.58M	$-14.59M	$-13.84M	$-8.95M	$-13.16M	$-11.92M	$-18.73M	$-10.26M	$-9.73M	$-8.81M	$-8.08M	$-8.14M	$-5.23M	$-6.35M
Low Forecast	$-29.89M	$-28.54M	$-27.02M	$-26.51M	$-27.11M	$-25.54M	$-24.39M	$-23.60M	$-22.67M	$-21.51M	$-20.49M	$-19.77M	$-19.20M	$-17.71M	$-17.35M	$-14.77M	$-15.66M	$-14.85M	$-14.01M	$-13.43M	$-19.75M	$-11.92M	$-28.10M	$-10.26M	$-9.73M	$-8.81M	$-8.08M	$-12.20M	$-7.84M	$-6.35M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.32%	-0.12%	0.03%	1.73%	1.28%	1.66%	0.80%	1.52%	1.95%	2.03%	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 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
# Analysts	9	9	9	9	9	9	9	9	8	8	8	10	12	6	3	4	7	13	6	6	5	5	5	11	12	11	10	9	9	8
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-11.23M	$-13.75M	$-15.47M	$-20.81M	$-23.16M	$-23.55M	$-23.77M	$-19.70M	$-22.70M	$-20.46M	$-13.15M	$-7.89M	$-3.71M	$-5.26M
Avg Forecast	$23.96M	$23.96M	$19.61M	$18.52M	$23.42M	$22.63M	$19.81M	$19.08M	$20.39M	$18.91M	$16.98M	$16.39M	$15.26M	$11.55M	$15.83M	$-10.51M	$13.57M	$8.91M	$5.53M	$-9.55M	$-19.67M	$32.36K	$-31.70M	$3.05K	$372.92K	$-3.16M	$1.09M	$-8.68M	$-3.71M	$-544.72K
High Forecast	$24.18M	$24.18M	$19.78M	$18.68M	$23.64M	$22.84M	$19.99M	$19.25M	$20.58M	$19.09M	$17.13M	$17.48M	$15.40M	$11.60M	$15.95M	$-8.41M	$13.69M	$10.03M	$5.58M	$-7.64M	$-15.74M	$32.36K	$-25.36M	$3.05K	$372.92K	$-3.16M	$1.09M	$-6.95M	$-2.97M	$-544.72K
Low Forecast	$23.78M	$23.78M	$19.46M	$18.38M	$23.25M	$22.47M	$19.66M	$18.94M	$20.24M	$18.77M	$16.85M	$14.20M	$14.17M	$11.49M	$15.70M	$-12.61M	$12.52M	$8.85M	$5.49M	$-11.46M	$-23.60M	$32.36K	$-38.04M	$3.05K	$372.92K	$-3.16M	$1.09M	$-10.42M	$-4.46M	$-544.72K
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.83%	-1.54%	-2.80%	2.18%	1.18%	-727.90%	0.75%	-6460.33%	-60.86%	6.48%	-12.07%	0.91%	1.00%	9.67%

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 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
# Analysts	9	9	9	9	9	9	9	9	8	8	8	10	12	6	3	4	7	13	6	6	5	5	5	11	12	11	10	9	9	8
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$7.33M	$6.19M	$4.76M	$49.73M	$50.63M	$47.83M	$46.03M	$41.87M	$43.04M	$40.02M	$37.13M	$33.44M	$30.96M	$26.64M
Avg Forecast	$114.83M	$109.64M	$103.80M	$101.85M	$104.17M	$98.13M	$93.70M	$90.69M	$87.11M	$82.63M	$78.74M	$76.12M	$74.12M	$68.50M	$67.09M	$44.50M	$60.38M	$56.80M	$53.84M	$40.46M	$37.30M	$46.11M	$61.37M	$39.69M	$37.65M	$34.08M	$31.28M	$36.78M	$30.96M	$24.57M
High Forecast	$115.63M	$110.41M	$104.53M	$102.57M	$104.90M	$98.81M	$94.35M	$91.33M	$87.71M	$83.21M	$79.29M	$76.50M	$74.28M	$68.51M	$67.15M	$53.40M	$60.60M	$57.47M	$54.22M	$48.55M	$44.77M	$46.11M	$73.64M	$39.69M	$37.65M	$34.08M	$31.28M	$44.14M	$37.16M	$24.57M
Low Forecast	$114.17M	$109.01M	$103.21M	$101.27M	$103.57M	$97.56M	$93.16M	$90.17M	$86.61M	$82.16M	$78.28M	$75.68M	$74.02M	$68.50M	$67.03M	$35.60M	$60.30M	$56.44M	$53.53M	$32.37M	$29.84M	$46.11M	$49.10M	$39.69M	$37.65M	$34.08M	$31.28M	$29.42M	$24.77M	$24.57M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.12%	0.11%	0.09%	1.23%	1.36%	1.04%	0.75%	1.06%	1.14%	1.17%	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 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
# Analysts	9	9	9	9	9	9	9	9	8	8	8	10	12	6	3	4	7	13	6	6	5	5	5	11	12	11	10	9	9	8
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-0.11	$-0.13	$-0.15	$-0.21	$-0.23	$-0.24	$-0.24	$-0.20	$-0.23	$-0.21	$-0.14	$-0.09	$-0.04	$-0.14
Avg Forecast	$0.22	$0.22	$0.18	$0.17	$0.22	$0.21	$0.18	$0.18	$0.19	$0.17	$0.16	$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	$0.22	$0.22	$0.18	$0.17	$0.22	$0.21	$0.18	$0.18	$0.19	$0.18	$0.16	$0.16	$0.14	$0.11	$0.15	$0.14	$0.13	$0.09	$0.05	$0.03	$0.02	-	$-0.03	-	-	$-0.03	$0.01	$0.01	$0.02	$-0.01
Low Forecast	$0.22	$0.22	$0.18	$0.17	$0.21	$0.21	$0.18	$0.17	$0.19	$0.17	$0.15	$0.13	$0.13	$0.11	$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%	7.20%	-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

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
FSLY	Fastly	$6.48	$16.83	159.72%	Hold
ASAN	Asana	$13.93	$25.05	79.83%	Buy
JAMF	Jamf	$14.15	$25.13	77.60%	Buy
AYX	Alteryx	$48.26	$80.86	67.55%	Buy
BILL	Bill.com	$87.86	$142.04	61.67%	Buy
FROG	JFrog	$30.66	$34.45	12.36%	Buy
MNDY	monday	$260.15	$279.31	7.36%	Buy
DDOG	Datadog	$135.45	$145.31	7.28%	Buy
PCOR	Procore	$70.26	$74.50	6.03%	Buy
GTLB	GitLab	$62.15	$63.63	2.38%	Buy
TEAM	Atlassian	$245.45	$246.52	0.44%	Buy
PEGA	Pegasystems	$86.91	$81.38	-6.36%	Buy

FROG Forecast FAQ

Is JFrog a good buy?

Yes, according to 19 Wall Street analysts, JFrog (FROG) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 13 'Buy' recommendations, accounting for 68.42% of FROG's total ratings.

What is FROG's price target?

JFrog (FROG) average price target is $34.45 with a range of $25 to $50, implying a 12.36% from its last price of $30.66. The data is based on 19 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will JFrog stock go up soon?

According to Wall Street analysts' prediction for FROG stock, the company can go up by 12.36% (from the last price of $30.66 to the average price target of $34.45), up by 63.08% based on the highest stock price target, and down by -18.46% based on the lowest stock price target.

Can JFrog stock reach $50?

FROG's average twelve months analyst stock price target of $34.45 does not support the claim that JFrog can reach $50 in the near future.

What are JFrog's analysts' financial forecasts?

JFrog's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $596.05M (high $600.21M, low $592.64M), average EBITDA is $-99.943M (high $-99.371M, low $-101M), average net income is $84.95M (high $85.72M, low $84.31M), average SG&A $386.69M (high $389.39M, low $384.47M), and average EPS is $0.78 (high $0.787, low $0.774). FROG's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $663M (high $667.63M, low $659.2M), average EBITDA is $-111M (high $-111M, low $-112M), average net income is $86.05M (high $86.83M, low $85.41M), average SG&A $430.12M (high $433.13M, low $427.66M), and average EPS is $0.79 (high $0.797, low $0.784).

Did the FROG's actual financial results beat the analysts' financial forecasts?

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 $18.46M by -431.85%. 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 -182.79%. 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%