JFrog (NASDAQ:FROG – Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.670-0.690 for the period, compared to the consensus estimate of 0.660. The company issued revenue guidance of $499.0 million-$503.0 million, compared to the consensus revenue estimate of $500.0 million. JFrog also updated its Q1 2025 guidance to 0.150-0.170 EPS.
Analysts Set New Price Targets
A number of brokerages have issued reports on FROG. Cantor Fitzgerald reiterated an “overweight” rating and set a $38.00 price target on shares of JFrog in a research report on Wednesday. Scotiabank boosted their price target on JFrog from $25.00 to $30.00 and gave the stock a “sector perform” rating in a research report on Friday, November 8th. UBS Group boosted their price target on JFrog from $30.00 to $38.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. Barclays dropped their price objective on JFrog from $40.00 to $38.00 and set an “overweight” rating on the stock in a research note on Monday, November 11th. Finally, Robert W. Baird boosted their target price on JFrog from $32.00 to $36.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Three research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $38.44.
Check Out Our Latest Report on FROG
JFrog Trading Up 2.1 %
JFrog (NASDAQ:FROG – Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.28). JFrog had a negative net margin of 13.98% and a negative return on equity of 5.36%. As a group, equities research analysts predict that JFrog will post -0.32 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other news, Director Frederic Simon sold 35,000 shares of the stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $35.92, for a total value of $1,257,200.00. Following the completion of the transaction, the director now directly owns 4,409,432 shares in the company, valued at approximately $158,386,797.44. This represents a 0.79 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Ben Haim Shlomi sold 20,443 shares of the stock in a transaction on Monday, December 2nd. The shares were 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 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold 411,685 shares of company stock worth $13,720,965 over the last three months. Insiders own 15.70% of the company’s stock.
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.
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