In a report released today, Gil Luria from D.A. Davidson reiterated a Buy rating on JFrog (FROG – Research Report). The company’s shares closed last Friday at $34.94.
According to TipRanks, Luria is a 5-star analyst with an average return of 17.6% and a 70.18% success rate. Luria covers the Technology sector, focusing on stocks such as Manhattan Associates, AppFolio, and Appian.
Currently, the analyst consensus on JFrog is a Strong Buy with an average price target of $37.63.
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FROG market cap is currently $3.66B and has a P/E ratio of -48.61.
Based on the recent corporate insider activity of 123 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FROG in relation to earlier this year. Most recently, in December 2023, Yakov Shulman, the CFO of FROG bought 11,000.00 shares for a total of $26,180.00.
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JFrog (FROG) Company Description:
JFrog Ltd provides an end-to-end, hybrid, universal DevOps Platform to achieve Continuous Software Release Management (CSRM). The CSRM platform enables organizations to continuously deliver software updates across any system.
Read More on FROG:
- DA Davidson software/cloud analysts hold analyst/industry conference call
- JFrog price target raised to $41 from $33 at Truist
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- JFrog price target raised to $33 from $31 at Piper Sandler
- JFrog price target raised to $41 from $35 at Oppenheimer
