JFrog (NASDAQ:FROG) had its price objective lowered by equities researchers at Piper Sandler from $76.00 to $65.00 in a note issued to investors on Tuesday, Stock Target Advisor reports. The firm currently has a â€œneutralâ€ rating on the stock. Piper Sandlerâ€™s price objective would indicate a potential upside of 7.67% from the stockâ€™s previous close.
Other analysts have also issued reports about the company. KeyCorp initiated coverage on JFrog in a report on Monday, October 12th. They set an â€œoverweightâ€ rating and a $86.00 price target on the stock. Oppenheimer initiated coverage on JFrog in a research note on Monday, October 12th. They issued an â€œoutperformâ€ rating and a $90.00 target price on the stock. Needham & Company LLC boosted their target price on JFrog from $89.00 to $91.00 and gave the company a â€œbuyâ€ rating in a research note on Thursday, November 5th. Morgan Stanley initiated coverage on JFrog in a research note on Monday, October 12th. They issued an â€œequal weightâ€ rating and a $67.00 target price on the stock. Finally, Stifel Nicolaus initiated coverage on JFrog in a research note on Monday, October 12th. They issued a â€œholdâ€ rating and a $75.00 target price on the stock. Six investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. JFrog currently has an average rating of â€œHoldâ€ and an average price target of $79.14.
Shares of JFrog stock opened at $60.37 on Tuesday. The stockâ€™s fifty day simple moving average is $66.18. JFrog has a 12 month low of $57.14 and a 12 month high of $95.20.
JFrog (NASDAQ:FROG) last issued its quarterly earnings results on Wednesday, November 4th. The company reported ($0.04) EPS for the quarter, hitting the Zacksâ€™ consensus estimate of ($0.04). The business had revenue of $38.89 million for the quarter, compared to the consensus estimate of $37.62 million. On average, analysts anticipate that JFrog will post -0.06 EPS for the current fiscal year.
JFrog Ltd. provides DevOps platform to achieve continuous software release management platform enabling organizations to deliver software updates across any system in the United States. Its platform acts as bridge between software development and deployment, which enable organizations to build and release software faster.
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