Peeling Back The Layers: Exploring JFrog Through Analyst Insights

JFrog FROG has been analyzed by 7 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.

In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 3 3 1 0 0
Last 30D 1 0 0 0 0
1M Ago 1 0 0 0 0
2M Ago 1 2 1 0 0
3M Ago 0 1 0 0 0

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $45.14, a high estimate of $52.00, and a low estimate of $40.00. Observing a downward trend, the current average is 9.36% lower than the prior average price target of $49.80.

price target chart

Investigating Analyst Ratings: An Elaborate Study

A comprehensive examination of how financial experts perceive JFrog is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Mike Cikos Needham Maintains Buy $45.00 $45.00
Jeff Hickey UBS Announces Buy $41.00 -
Nick Altmann Scotiabank Lowers Sector Perform $40.00 $45.00
Alex Kurtz Keybanc Lowers Overweight $46.00 $52.00
Sanjit Singh Morgan Stanley Lowers Overweight $47.00 $52.00
Mike Cikos Needham Lowers Buy $45.00 $55.00
Alex Kurtz Keybanc Announces Overweight $52.00 -

Key Insights:

  • Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to JFrog. This information offers a snapshot of how analysts perceive the current state of the company.
  • Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of JFrog compared to the broader market.
  • Price Targets: Analysts predict movements in price targets, offering estimates for JFrog's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.

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.

All You Need to Know About JFrog

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. Its product portfolio includes JFrog Artifactory; JFrog Pipelines; JFrog Xray; JFrog Distribution; JFrog Artifactory Edge; JFrog Mission Control and JFrog Insight. Geographically, it derives a majority of revenue from Israel and also has its presence in United States, India and other regions.

JFrog's Economic Impact: An Analysis

Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.

Revenue Growth: Over the 3 months period, JFrog showcased positive performance, achieving a revenue growth rate of 25.67% as of 31 March, 2024. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: JFrog's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of -8.76%, the company may face hurdles in effective cost management.

Return on Equity (ROE): JFrog's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -1.27%, the company may face hurdles in achieving optimal financial performance.

Return on Assets (ROA): JFrog's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -0.89%, the company may face hurdles in achieving optimal financial returns.

Debt Management: JFrog's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.03.

What Are Analyst Ratings?

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

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

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