Decoding 6 Analyst Evaluations For JFrog

In the last three months, 6 analysts have published ratings on JFrog FROG, offering a diverse range of perspectives from bullish to bearish.

The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.

Analysts have recently evaluated JFrog and provided 12-month price targets. The average target is $37.17, accompanied by a high estimate of $42.00 and a low estimate of $28.00. Witnessing a positive shift, the current average has risen by 13.22% from the previous average price target of $32.83.

Understanding Analyst Ratings: A Comprehensive Breakdown

An in-depth analysis of recent analyst actions unveils how financial experts perceive JFrog. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to JFrog. This insight gives a snapshot of analysts' perspectives on the current state of the company.
• Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of JFrog compared to the broader market.
• Price Targets: Delving into movements, analysts provide estimates for the future value of JFrog's stock. This analysis reveals shifts in analysts' expectations over time.

Capture valuable insights into JFrog's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on JFrog analyst ratings.

Get to Know JFrog Better

JFrog Ltd provides an end-to-end, hybrid, universal DevOps Platform that powers and controls the software supply chain, enabling organizations to continuously and securely deliver software updates across any system. Geographically, it derives a majority of revenue from Israel. Its product portfolio includes JFrog Artifactory; JFrog Pipelines; JFrog Xray; JFrog Distribution; JFrog Artifactory Edge; JFrog Mission Control and JFrog Insight.

A Deep Dive into JFrog's Financials

Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.

Revenue Growth: JFrog displayed positive results in 3 months. As of 30 September, 2023, the company achieved a solid revenue growth rate of approximately 23.12%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Information Technology sector.

Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of -15.51%, the company may need to address challenges in effective cost control.

Return on Equity (ROE): JFrog's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -2.13%, the company may face hurdles in achieving optimal financial performance.

Return on Assets (ROA): JFrog's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -1.52%, the company may encounter challenges in delivering satisfactory returns from its assets.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.04.

Analyst Ratings: What Are They?

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

This article was generated by Benzinga's automated content engine and reviewed by an editor.