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JFrog (FROG) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

FROG Stock Forecast

JFrog stock forecast is as follows: an average price target of $34.44 (represents a 11.60% upside from FROG’s last price of $30.86) 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 $34.44 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 11.60% upside from FROG's last price of $30.86.

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

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 16, 2024Mike CikosNeedham$33.00$27.9917.90%6.93%
Sep 12, 2024Shrenik KothariRobert W. Baird$32.00$28.0913.92%3.69%
Sep 11, 2024Gil LuriaD.A. Davidson$40.00$27.6144.88%29.62%
Aug 26, 2024Jason CelinoKeyBanc$30.00$26.6612.53%-2.79%
Aug 15, 2024Kingsley CraneCanaccord Genuity$38.00$26.5043.40%23.14%
Aug 08, 2024Miller JumpTruist Financial$30.00$34.05-11.89%-2.79%
Aug 08, 2024Nick AltmannScotiabank$25.00$23.884.71%-18.99%
Aug 08, 2024Mike CikosNeedham$30.00$23.8925.60%-2.79%
Aug 08, 2024Rob OwensPiper Sandler$32.00$34.05-6.02%3.69%
Jun 26, 2024Ryan MacWilliamsBarclays$50.00$34.8143.64%62.02%
Jun 14, 2024Gil LuriaD.A. Davidson$55.00$33.9761.91%78.22%
May 22, 2024Jeff HickeyUBS$41.00$32.4426.39%32.86%
May 10, 2024Mike CikosNeedham$45.00$34.1631.73%45.82%
May 10, 2024Jason CelinoKeyBanc$46.00$34.2434.33%49.06%
Mar 18, 2024Jason CelinoKeyBanc$52.00$43.1120.62%68.50%
Aug 03, 2023Mike CikosNeedham$36.00$29.3322.74%16.66%
Jan 05, 2023Piper Sandler$24.00$22.437.00%-22.23%
Aug 04, 2022Morgan Stanley$28.00$24.0516.45%-9.27%
Aug 04, 2022Needham$30.00$24.2723.61%-2.79%

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 6.93% increase from FROG last price ($30.86).

JFrog Price Target by Period

1M3M12M
# Anlaysts--15
Avg Price Target--$38.60
Last Closing Price$30.86$30.86$30.86
Upside/Downside-100.00%-100.00%25.08%

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 $30.86. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Oct 28, 2024Cowen & Co.BuyBuyHold
Oct 14, 2024UBSSector PerformSector PerformHold
Oct 14, 2024ScotiabankUnderperformUnderperformHold
Sep 16, 2024NeedhamBuyBuyHold
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, 2024Piper SandlerNeutralNeutralHold
Aug 08, 2024OppenheimerPerformDowngrade
Jul 24, 2024Cowen & Co.BuyInitialise
Jun 26, 2024BarclaysOverweightInitialise
Jun 13, 2024UBSSector PerformSector PerformHold
Jun 13, 2024ScotiabankUnderperformUnderperformHold
May 22, 2024FBN SecuritiesOutperformInitialise
May 22, 2024UBSSellBuyInitialise
May 10, 2024NeedhamBuyBuyHold
May 10, 2024KeyBancOverweightOverweightHold
Nov 02, 2023NeedhamBuyBuyHold
Sep 14, 2023William BlairOutperformUpgrade
Aug 03, 2023NeedhamBuyBuyHold
Mar 02, 2023NeedhamBuyBuyHold
Jan 04, 2023Canaccord GenuityHoldDowngrade
Jan 04, 2023Credit SuisseOutperformUpgrade
Jan 04, 2023CitigroupBuyUpgrade
Jan 04, 2023Goldman SachsBuyUpgrade
Jan 04, 2023Wolfe ResearchPeer PerformDowngrade
Jan 04, 2023Wells FargoEqual-WeightDowngrade
Jan 04, 2023JefferiesHoldDowngrade
Jan 04, 2023Deutsche BankHoldDowngrade
Jan 04, 2023Raymond JamesUnderperformDowngrade
Jan 04, 2023Vertical ResearchHoldDowngrade
Jan 04, 2023UBSSellDowngrade
Jan 04, 2023Morgan StanleyEqual-WeightOverweightUpgrade
Jan 04, 2023GuggenheimBuyUpgrade
Jan 04, 2023Bank of America SecuritiesBuyUpgrade
Aug 04, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Aug 04, 2022NeedhamBuyBuyHold

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 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 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$134.28M$127.35M$121.35M$117.37M$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$178.56M$170.49M$161.41M$158.38M$161.98M$152.59M$145.70M$141.03M$135.47M$128.47M$122.42M$117.95M$114.49M$105.60M$103.50M$98.61M$93.40M$88.58M$83.73M$79.09M$77.67M$71.08M$65.52M$61.17M$58.04M$52.53M$48.21M$44.82M$41.51M$37.87M
Low Forecast$175.78M$167.83M$158.89M$155.91M$159.46M$150.21M$143.43M$138.83M$133.36M$126.47M$120.51M$116.68M$114.09M$105.58M$103.32M$98.61M$92.94M$86.99M$82.42M$77.85M$76.46M$71.08M$65.52M$61.17M$58.04M$52.53M$48.21M$44.82M$41.51M$37.87M
# Analysts58551075585411126347136655511121110998
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 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts58551075585411126347136655511121110998
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$-23.44M$-22.52M$-21.35M$-20.35M$-19.68M$-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$-6.35M
High Forecast$-29.47M$-28.14M$-26.64M$-26.14M$-26.74M$-25.19M$-24.05M$-23.28M$-22.36M$-21.21M$-20.21M$-19.56M$-19.13M$-17.70M$-17.33M$-9.85M$-15.58M$-14.59M$-13.82M$-8.95M$-13.16M$-11.92M$-18.73M$-10.26M$-9.73M$-8.81M$-8.08M$-8.14M$-5.23M$-6.35M
Low Forecast$-29.94M$-28.59M$-27.06M$-26.56M$-27.16M$-25.59M$-24.43M$-23.65M$-22.71M$-21.54M$-20.53M$-19.78M$-19.20M$-17.71M$-17.35M$-14.77M$-15.66M$-14.85M$-14.04M$-13.43M$-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 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts58551075585411126347136655511121110998
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$20.41M$18.91M$16.95M$16.37M$15.24M$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$24.24M$24.24M$19.83M$18.73M$23.69M$22.89M$20.04M$19.30M$20.65M$19.13M$17.14M$17.47M$15.41M$11.60M$15.95M$-8.41M$13.72M$10.03M$5.59M$-7.64M$-15.74M$32.36K$-25.36M$3.05K$372.92K$-3.16M$1.09M$-6.95M$-2.97M$-544.72K
Low Forecast$23.75M$23.75M$19.43M$18.35M$23.21M$22.43M$19.63M$18.91M$20.23M$18.74M$16.80M$14.19M$14.15M$11.49M$15.70M$-12.61M$12.52M$8.83M$5.48M$-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 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts58551075585411126347136655511121110998
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$87.12M$82.62M$78.73M$76.14M$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$115.84M$110.61M$104.71M$102.75M$105.09M$98.99M$94.53M$91.49M$87.88M$83.35M$79.42M$76.52M$74.28M$68.51M$67.15M$53.40M$60.60M$57.47M$54.32M$48.55M$44.77M$46.11M$73.64M$39.69M$37.65M$34.08M$31.28M$44.14M$37.16M$24.57M
Low Forecast$114.03M$108.88M$103.08M$101.15M$103.45M$97.45M$93.05M$90.07M$86.51M$82.05M$78.18M$75.69M$74.02M$68.50M$67.03M$35.60M$60.30M$56.44M$53.47M$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 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts58551075585411126347136655511121110998
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

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
JAMFJamf$15.05$22.4048.84%Buy
MNDYmonday$251.80$296.2517.65%Buy
FROGJFrog$31.21$34.4410.35%Buy
GTLBGitLab$59.14$64.008.22%Buy
DDOGDatadog$156.91$148.25-5.52%Buy
PCORProcore$79.43$75.00-5.58%Buy
PEGAPegasystems$96.66$84.80-12.27%Buy
TEAMAtlassian$269.79$231.46-14.21%Buy
BILLBill.com$87.46$63.82-27.03%Buy
FSLYFastly$11.33$6.75-40.42%Hold
ASANAsana$26.32$14.00-46.81%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 $34.44 with a range of $25 to $50, implying a 11.60% from its last price of $30.86. 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 11.60% (from the last price of $30.86 to the average price target of $34.44), up by 62.02% based on the highest stock price target, and down by -18.99% based on the lowest stock price target.

Can JFrog stock reach $50?

FROG's average twelve months analyst stock price target of $34.44 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 $601.3M, low $591.92M), average EBITDA is $-99.943M (high $-99.251M, low $-101M), average net income is $84.95M (high $85.92M, low $84.18M), average SG&A $386.69M (high $390.09M, low $384.01M), and average EPS is $0.78 (high $0.789, low $0.773). FROG's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $663M (high $668.84M, low $658.41M), average EBITDA is $-111M (high $-110M, low $-112M), average net income is $86.05M (high $87.03M, low $85.27M), average SG&A $430.12M (high $433.91M, low $427.15M), and average EPS is $0.79 (high $0.799, low $0.783).

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%