JFrog Ltd. (FROG)
NASDAQ: FROG · IEX Real-Time Price · USD
33.10
+0.21 (0.64%)
At close: May 17, 2024, 4:00 PM
33.30
+0.20 (0.60%)
After-hours: May 17, 2024, 7:16 PM EDT
JFrog Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for JFrog stock have an average target of 40.38, with a low estimate of 28 and a high estimate of 50. The average target predicts an increase of 21.99% from the current stock price of 33.10.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for JFrog stock from 13 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Buy | 4 | 4 | 5 | 6 | 6 | 6 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 12 | 13 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Hold Maintains $45 → $40 | Hold | Maintains | $45 → $40 | +20.85% | May 10, 2024 |
| Keybanc | Keybanc | Buy Maintains $52 → $46 | Buy | Maintains | $52 → $46 | +38.97% | May 10, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $52 → $47 | Buy | Maintains | $52 → $47 | +41.99% | May 10, 2024 |
| Needham | Needham | Strong Buy Maintains $55 → $45 | Strong Buy | Maintains | $55 → $45 | +35.95% | May 10, 2024 |
| Keybanc | Keybanc | Buy Initiates $52 | Buy | Initiates | $52 | +57.10% | Mar 19, 2024 |
Financial Forecast
Revenue This Year
435.43M
from 349.89M
Increased by 24.45%
Revenue Next Year
525.59M
from 435.43M
Increased by 20.71%
EPS This Year
0.61
from -0.59
EPS Next Year
0.72
from 0.61
Increased by 17.52%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 449.5M | 551.1M | 679.3M | 814.5M |
| Avg | 435.4M | 525.6M | 647.6M | 791.2M |
| Low | 417.5M | 494.9M | 615.4M | 760.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 28.5% | 26.6% | 29.2% | 25.8% |
| Avg | 24.4% | 20.7% | 23.2% | 22.2% |
| Low | 19.3% | 13.7% | 17.1% | 17.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 0.67 | 0.93 | 1.17 | 1.22 |
| Avg | 0.61 | 0.72 | 0.96 | 1.18 |
| Low | 0.57 | 0.59 | 0.82 | 1.14 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | 52.8% | 62.2% | 26.6% |
| Avg | - | 17.5% | 33.9% | 23.0% |
| Low | - | -3.8% | 14.6% | 18.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.