JFrog stock jumps as Q2 results top guidance and full-year outlook moves higher

JFrog Ltd. (FROG) is up 11.7% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely catalyst is JFrog’s second-quarter 2026 earnings release, which showed stronger-than-guided revenue, fast cloud growth, and a higher full-year outlook. Investors also appear to be rewarding signs that the company is converting AI-related demand and software supply chain security adoption into larger customer expansion and better recurring revenue trends.

Details:

Second-quarter revenue was $163.8 million, up 29% from a year earlier and above the company’s prior guidance range of $154 million to $156 million.

Cloud revenue reached $87.5 million, up 53% year over year, and rose to 53% of total revenue, showing continued momentum in the business investors watch most closely.

Large-customer and retention metrics improved, with 97 customers above $1 million in ARR and trailing four-quarter net dollar retention of 121%.

Management lifted fiscal 2026 guidance to $648 million to $652 million in revenue and $0.96 to $1.00 in non-GAAP diluted EPS, up from the prior ranges of $628 million to $632 million and $0.93 to $0.97.

Sources:

JFrog, 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 77 times in the past 6 months. Of those trades, 0 have been purchases and 77 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 101,822 shares for an estimated $148,658,664.
BEN HAIM SHLOMI (CHIEF EXECUTIVE OFFICER) has made 0 purchases and 17 sales selling 438,094 shares for an estimated $30,200,255.
YOAV LANDMAN (CHIEF TECHNOLOGY OFFICER) has made 0 purchases and 18 sales selling 300,700 shares for an estimated $24,124,668.
FREDERIC SIMON has made 0 purchases and 12 sales selling 202,500 shares for an estimated $9,875,366.
YOSSI SELA has made 0 purchases and 5 sales selling 50,000 shares for an estimated $3,315,744.
EDUARD GRABSCHEID (CHIEF FINANCIAL OFFICER) has made 0 purchases and 8 sales selling 45,883 shares for an estimated $2,578,874.
BARRY ZWARENSTEIN has made 0 purchases and 5 sales selling 5,000 shares for an estimated $328,062.
YVONNE WASSENAAR has made 0 purchases and 2 sales selling 2,735 shares for an estimated $146,601.
ELISA STEELE has made 0 purchases and 2 sales selling 1,368 shares for an estimated $73,317.

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 insider transaction endpoint.

$FROG Hedge Fund Activity

We have seen 206 institutional investors add shares of $FROG stock to their portfolio, and 170 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

FIRST TRUST ADVISORS LP added 3,358,422 shares (+85066.4%) to their portfolio in Q1 2026, for an estimated $157,610,744
BNP PARIBAS ASSET MANAGEMENT HOLDING S.A. added 3,331,552 shares (+309.7%) to their portfolio in Q1 2026, for an estimated $156,349,735
FMR LLC removed 1,647,415 shares (-42.4%) from their portfolio in Q1 2026, for an estimated $77,313,185
ANATOLE INVESTMENT MANAGEMENT LTD removed 1,385,795 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $65,035,359
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ added 1,320,967 shares (+91.0%) to their portfolio in Q2 2026, for an estimated $120,049,480
WASATCH ADVISORS LP removed 1,284,685 shares (-30.9%) from their portfolio in Q2 2026, for an estimated $116,752,172
MARSHALL WACE, LLP added 1,180,401 shares (+inf%) to their portfolio in Q1 2026, for an estimated $55,396,218

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 13F endpoint.

$FROG Analyst Ratings

Wall Street analysts have issued reports on $FROG in the last several months. We have seen 2 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 05/08/2026
Needham issued a "Buy" rating on 05/08/2026

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 17 analysts offer price targets for $FROG in the last 6 months, with a median target of $85.0.

Here are some recent targets:

Miller Jump from Truist Securities set a target price of $105.0 on 07/09/2026
Radi Sultan from UBS set a target price of $110.0 on 07/02/2026
Jackson Ader from Keybanc set a target price of $89.0 on 06/25/2026
Yi Fu Lee from Benchmark set a target price of $100.0 on 06/25/2026
Andrew Sherman from TD Cowen set a target price of $100.0 on 06/18/2026
Ryan Macwilliams from Barclays set a target price of $88.0 on 06/10/2026
Koji Ikeda from B of A Securities set a target price of $100.0 on 06/08/2026

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.