JFrog Ltd. (FROG)
NASDAQ: FROG · IEX Real-Time Price · USD
40.47
+0.64 (1.61%)
At close: Apr 25, 2024, 4:00 PM
41.00
+0.53 (1.31%)
After-hours: Apr 25, 2024, 5:53 PM EDT
JFrog Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for JFrog stock have an average target of 39.23, with a low estimate of 28 and a high estimate of 52. The average target predicts a decrease of -3.06% from the current stock price of 40.47.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 19, 2024.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Buy | 3 | 4 | 4 | 5 | 6 | 6 |
| Hold | 3 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 11 | 12 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keybanc | Keybanc | Buy Initiates $52 | Buy | Initiates | $52 | +28.49% | Mar 19, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $40 → $45 | Buy | Maintains | $40 → $45 | +11.19% | Feb 15, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $41 → $50 | Strong Buy | Maintains | $41 → $50 | +23.55% | Feb 15, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $35 → $40 | Buy | Maintains | $35 → $40 | -1.16% | Feb 12, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $40 → $45 | Strong Buy | Maintains | $40 → $45 | +11.19% | Feb 5, 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 | 824.3M |
| Avg | 435.4M | 525.6M | 647.6M | 800.7M |
| Low | 417.5M | 494.9M | 615.4M | 769.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 28.5% | 26.6% | 29.2% | 27.3% |
| Avg | 24.4% | 20.7% | 23.2% | 23.6% |
| Low | 19.3% | 13.7% | 17.1% | 18.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 0.67 | 0.93 | 1.17 | 1.35 |
| Avg | 0.61 | 0.72 | 0.96 | 1.32 |
| Low | 0.57 | 0.59 | 0.82 | 1.26 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | 52.8% | 62.2% | 40.8% |
| Avg | - | 17.5% | 33.9% | 36.7% |
| Low | - | -3.8% | 14.6% | 31.4% |
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.