JFrog Ltd. (FROG)
NASDAQ: FROG · IEX Real-Time Price · USD
37.79
+0.22 (0.59%)
At close: Jul 19, 2024, 4:00 PM
38.12
+0.33 (0.87%)
Pre-market: Jul 22, 2024, 7:00 AM EDT

JFrog Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for JFrog stock have an average target of 40.43, with a low estimate of 28 and a high estimate of 50. The average target predicts an increase of 6.99% from the current stock price of 37.79.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $28 $40.43 $41 $50
Change -25.91% +6.99% +8.49% +32.31%

Analyst Ratings

The average analyst rating for JFrog stock from 14 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 Feb '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 555666
Buy 566666
Hold 222222
Sell 000000
Strong Sell 000000
Total 121313141414

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Needham
Needham
Strong Buy
Reiterates
$45
Strong Buy Reiterates $45 +19.08% Jun 25, 2024
Needham
Needham
Strong Buy
Reiterates
$45
Strong Buy Reiterates $45 +19.08% Jun 13, 2024
UBS
UBS
Strong Buy
Initiates
$41
Strong Buy Initiates $41 +8.49% May 22, 2024
Scotiabank
Scotiabank
Hold
Maintains
$45$40
Hold Maintains $45$40 +5.85% May 10, 2024
Keybanc
Keybanc
Buy
Maintains
$52$46
Buy Maintains $52$46 +21.73% May 10, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
436.88M
from 349.89M
Increased by 24.86%
Revenue Next Year
527.91M
from 436.88M
Increased by 20.84%
EPS This Year
0.62
from -0.59
EPS Next Year
0.73
from 0.62
Increased by 19.07%
Year 201920202021202220232024202520262027
Revenue
104.72M150.83M206.68M280.04M349.89M436.88M527.91M640.55M779.38M
Revenue Growth
64.82%44.03%37.03%35.49%24.94%24.86%20.84%21.34%21.67%
EPS
-0.20-0.20-0.68-0.91-0.590.620.730.961.19
EPS Growth
------19.07%31.36%24.03%
Forward PE
-----61.4351.5939.2731.67
No. Analysts -----181883
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 453.8M 554.5M 676.5M 802.3M
Avg 436.9M 527.9M 640.6M 779.4M
Low 418.5M 494.9M 588.0M 748.8M

Revenue Growth

Revenue Growth 2024202520262027
High
29.7%
26.9%
28.1%
25.3%
Avg
24.9%
20.8%
21.3%
21.7%
Low
19.6%
13.3%
11.4%
16.9%

EPS Forecast

EPS 2024202520262027
High 0.67 0.96 1.26 1.23
Avg 0.62 0.73 0.96 1.19
Low 0.57 0.59 0.78 1.15

EPS Growth

EPS Growth 2024202520262027
High -
55.3%
72.0%
27.7%
Avg -
19.1%
31.4%
24.0%
Low -
-4.4%
7.0%
19.2%
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.