TD Cowen Reiterates Buy Rating for JFrog Ltd. (FROG)
TD Cowen maintains its buy rating on JFrog Ltd. with a $100 price target.
Key Points
- TD Cowen reiterated its buy rating on JFrog Ltd. with a price target of $100 on June 18, 2026.
- JFrog Ltd.'s stock is trading at $81.35 with a market cap of $9.85 billion and a forward P/E of 72.48.
- Insiders, including the CEO, recently sold shares, and multiple analysts maintain buy ratings with varied price targets.
TD Cowen reiterated its buy rating for JFrog Ltd. (NasdaqGS: FROG) on June 18, 2026, setting a price target of $100. Shares of JFrog are currently trading at $81.35. This reaffirmation comes as the company continues to strengthen its position in the software application industry.
JFrog Ltd. Stock Snapshot
Shares of NasdaqGS:FROG traded near $81.35. JFrog Ltd. has a market cap of approximately $9.85 billion. The company's forward P/E ratio stands at 72.48, reflecting investor expectations of future growth. With a beta of 1.227, the stock is somewhat more volatile than the market. Over the past 52 weeks, the stock's low was $34.05, and its high was $89.16. The stock's 50-day moving average is $63.30, while its 200-day moving average is $55.17. JFrog maintains a solid liquidity position with a current ratio of 2.26 and a quick ratio of 2.14.
Recent Earnings
JFrog Ltd. reported revenue of $563.4 million, reflecting a growth rate of 25.8%. However, the company posted a net margin of -10.93% and a return on equity of -7.14%, indicating it is not yet profitable. The company's next earnings report is scheduled for August 6, 2026.
Insider Buying and Selling at JFrog Ltd.
Recent insider activity at JFrog Ltd. includes several planned sales. Chief Technology Officer Yoav Landman sold 45,000 shares at an average price of $78.11 on June 12, 2026, as part of a pre-arranged trading plan. CEO Shlomi Ben Haim sold 93,072 shares at an average price of $84.60 on June 8, 2026, also under a planned sale. Other executives, including Chief Revenue Officer Tali Notman and Chief Financial Officer Eduard Grabscheid, executed planned sales earlier in June.
Analysts Set New Price Targets
On June 18, 2026, TD Cowen maintained its buy rating on JFrog Ltd. with a target price of $100. Barclays and B of A Securities also maintained buy ratings, with target prices of $88 and $100, respectively, earlier in June. Overall, JFrog Ltd. has a strong buy consensus, with a mean target price of $82.15 based on 20 analyst opinions.
About JFrog Ltd.
JFrog Ltd. is a technology company based in Sunnyvale, California, specializing in software supply chain solutions. It offers a range of products including JFrog Artifactory for package management, JFrog Xray for security scanning, and JFrog ML for machine learning operations. The company serves various sectors such as technology, finance, retail, healthcare, and telecommunications, and employs around 1,800 people under the leadership of CEO Shlomi Ben Haim.
Bottom Line
TD Cowen's reiterated buy rating and $100 price target underscore confidence in JFrog Ltd.'s growth prospects. The company's strong market position and broad product offerings in the software supply chain space make it an interesting stock to watch. As with all 13F filings and analyst ratings, investors should remember these insights are backward-looking and may not reflect current conditions.
See Also
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