JFrog (FROG)

• Market cap: $4B
• 1 day: -0.58%
• 5 days: 6.57%
• 1 month: 15.36%
• 3 months: 9.04%
• 6 months: 5.23%
• Year to date: 16.71%
• 1 year: -1.51%
• 5 years: -44.70%
• 10 years: -44.70%
• Sector: Information Technology
• Industry: Prepackaged Software

About: 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.

Employees: 1,400

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

126% more call options, than puts

Call options by funds: $24.7M | Put options by funds: $10.9M

35% more repeat investments, than reductions

Existing positions increased: 92 | Existing positions reduced: 68

13% more funds holding in top 10

Funds holding in top 10: 8 [Q2] → 9 (+1) [Q3]

0.37% more ownership

Funds ownership: 71.42% [Q2] → 71.8% (+0.37%) [Q3]

8% less funds holding

Funds holding: 261 [Q2] → 241 (-20) [Q3]

21% less capital invested

Capital invested by funds: $2.91B [Q2] → $2.3B (-$605M) [Q3]

31% less first-time investments, than exits

New positions opened: 37 | Existing positions closed: 54

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $38 6% upside
• Avg. target: $39 7% upside
• High target: $39 9% upside

2 analyst ratings

• positive: 2 100%
• neutral: 0 0%
• negative: 0 0%

Needham Mike Cikos 77% 1-year accuracy 73 / 95 met price target	9% upside $39	Buy Maintained	22 Jan 2025
Barclays Ryan Macwilliams 52% 1-year accuracy 11 / 21 met price target	6% upside $38	Overweight Maintained	11 Nov 2024