JFrog (FROG)

• Market cap: $3.78B
• 1 day: 3.57%
• 5 days: 7.61%
• 1 month: 12.43%
• 3 months: 9.74%
• 6 months: -10.43%
• Year to date: 10.49%
• 1 year: -0.93%
• 5 years: -47.65%
• 10 years: -47.65%
• 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

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

• Low target: $30 12% downside
• Avg. target: $36 7% upside
• High target: $42 24% upside

10 analyst ratings

• positive: 9 90%
• neutral: 1 10%
• negative: 0 0%

Barclays Ryan Macwilliams 50% 1-year accuracy 10 / 20 met price target	12% upside $38	Overweight Maintained	11 Nov 2024
UBS Jeff Hickey 80% 1-year accuracy 4 / 5 met price target	12% upside $38	Buy Maintained	8 Nov 2024
Stifel Brad Reback 63% 1-year accuracy 31 / 49 met price target	3% upside $35	Buy Maintained	8 Nov 2024
Cantor Fitzgerald Jonathan Ruykhaver 60% 1-year accuracy 6 / 10 met price target	12% upside $38	Overweight Maintained	8 Nov 2024
B of A Securities Koji Ikeda 70% 1-year accuracy 16 / 23 met price target	24% upside $42	Buy Maintained	8 Nov 2024