JFrog (FROG) jumps after Q1 results top expectations and guidance moves higher

JFrog Ltd. (FROG) is up 22.7% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to JFrog’s first-quarter 2026 earnings release, which showed faster-than-expected revenue growth and a notable beat on profitability, alongside higher forward guidance. Investors also focused on accelerating cloud growth and management commentary that AI-driven development workflows are boosting demand.

Details:

JFrog posted Q1 2026 revenue of $154.0 million, up 26% year-over-year, with non-GAAP diluted EPS of $0.27 and non-GAAP operating margin of 21.4%.

Cloud revenue was $78.9 million (up 50% year-over-year) and reached 51% of total revenue, versus 43% in the year-ago period.

Key operating metrics improved, including net dollar retention of 120% and customers with ARR over $1 million rising to 80 (from 54 a year ago).

Management issued Q2 2026 and full-year 2026 outlook ranges that were higher than many prior Street models, supporting a repricing of growth and margin expectations.

Sources:

JFrog (press release), Investing.com, MarketBeat

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$FROG Insider Trading Activity

$FROG insiders have traded $FROG stock on the open market 88 times in the past 6 months. Of those trades, 0 have been purchases and 88 have been sales.

Here’s a breakdown of recent trading of $FROG stock by insiders over the last 6 months:

TALI NOTMAN (CHIEF REVENUE OFFICER) has made 0 purchases and 8 sales selling 84,470 shares for an estimated $146,560,981.
FREDERIC SIMON has made 0 purchases and 25 sales selling 499,617 shares for an estimated $27,933,591.
YOAV LANDMAN (CHIEF TECHNOLOGY OFFICER) has made 0 purchases and 16 sales selling 310,000 shares for an estimated $19,306,910.
BEN HAIM SHLOMI (CHIEF EXECUTIVE OFFICER) has made 0 purchases and 16 sales selling 289,463 shares for an estimated $14,646,279.
YOSSI SELA has made 0 purchases and 6 sales selling 100,000 shares for an estimated $6,070,463.
EDUARD GRABSCHEID (CHIEF FINANCIAL OFFICER) has made 0 purchases and 6 sales selling 37,836 shares for an estimated $1,710,908.
ANDREW L. VITUS sold 5,982 shares for an estimated $371,900
ELISA STEELE has made 0 purchases and 4 sales selling 6,144 shares for an estimated $370,123.
YVONNE WASSENAAR has made 0 purchases and 3 sales selling 4,692 shares for an estimated $244,636.
BARRY ZWARENSTEIN has made 0 purchases and 3 sales selling 2,500 shares for an estimated $122,500.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API.

$FROG Hedge Fund Activity

We have seen 182 institutional investors add shares of $FROG stock to their portfolio, and 173 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

FMR LLC added 3,856,107 shares (+14141.0%) to their portfolio in Q4 2025, for an estimated $240,852,443
WASATCH ADVISORS LP added 2,710,167 shares (+187.4%) to their portfolio in Q1 2026, for an estimated $127,188,137
WHALE ROCK CAPITAL MANAGEMENT LLC added 2,389,415 shares (+82.2%) to their portfolio in Q4 2025, for an estimated $149,242,860
INVESCO LTD. added 2,073,876 shares (+6868.3%) to their portfolio in Q4 2025, for an estimated $129,534,294
T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 2,035,652 shares (-82.7%) from their portfolio in Q4 2025, for an estimated $127,146,823
SWEDBANK AB added 1,680,640 shares (+inf%) to their portfolio in Q1 2026, for an estimated $78,872,435
JPMORGAN CHASE & CO added 1,524,955 shares (+113.5%) to their portfolio in Q4 2025, for an estimated $95,248,689

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.

$FROG Analyst Ratings

Wall Street analysts have issued reports on $FROG in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

BTIG issued a "Buy" rating on 02/13/2026

To track analyst ratings and price targets for $FROG, check out Quiver Quantitative's $FROG forecast page.

$FROG Price Targets

Multiple analysts have issued price targets for $FROG recently. We have seen 11 analysts offer price targets for $FROG in the last 6 months, with a median target of $65.0.

Here are some recent targets:

Nick Altmann from BTIG set a target price of $60.0 on 04/30/2026
Jonathan Ruykhaver from Cantor Fitzgerald set a target price of $80.0 on 04/22/2026
Howard Ma from Guggenheim set a target price of $60.0 on 04/21/2026
Andrew Sherman from TD Cowen set a target price of $70.0 on 04/15/2026
Radi Sultan from UBS set a target price of $60.0 on 03/24/2026
Brad Reback from Stifel set a target price of $52.0 on 02/23/2026
Kingsley Crane from Canaccord Genuity set a target price of $66.0 on 02/13/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.