A Closer Look at 4 Analyst Recommendations For JFrog

Across the recent three months, 4 analysts have shared their insights on JFrog FROG, expressing a variety of opinions spanning 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' evaluations of 12-month price targets offer additional insights, showcasing an average target of $32.5, with a high estimate of $42.00 and a low estimate of $28.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 0.52%.

Investigating Analyst Ratings: An Elaborate Study

The analysis of recent analyst actions sheds light on the perception of JFrog by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to JFrog. This information provides a snapshot of how analysts perceive 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: Analysts explore the dynamics of price targets, providing estimates for the future value of JFrog's stock. This examination reveals shifts in analysts' expectations over time.

To gain a panoramic view of JFrog's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.

Stay up to date on JFrog analyst ratings.

Discovering JFrog: A Closer Look

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 Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.

Revenue Growth: Over the 3 months period, JFrog showcased positive performance, achieving a revenue growth rate of 23.12% as of 30 September, 2023. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Information Technology sector.

Net Margin: JFrog's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of -15.51%, the company may face hurdles in effective cost management.

Return on Equity (ROE): JFrog's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -2.13%, the company may face hurdles in generating optimal returns for shareholders.

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: JFrog's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.04.

Understanding the Relevance of Analyst Ratings

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.

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