JFrog Ltd (FROG) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does JFrog Ltd Do?
JFrog Ltd. provides DevOps platform in the United States. The company's products include JFrog Artifactory, a package repository that allows teams and organizations to store, update, and manage their software packages at any scale; JFrog Pipelines, an integration/continuous delivery tool for automating and orchestrating the movement of software packages; JFrog Xray, which scan JFrog Artifactory; and JFrog Distribution that provides software package distribution with enterprise-grade performance. Its products include JFrog Artifactory Edge that utilizes and leverages metadata from JFrog Artifactory to facilitate the transfer of the incremental changes in software packages from their previous versions; JFrog Mission Control, a platform control panel that provides a view of moving pieces of an organization's software supply chain workflow; JFrog Insight, a DevOps intelligence tool; and JFrog Connect, a device management solution that allows companies to manage software updates and monitor performance across IoT device fleets from anywhere in the world. The company's products also comprise JFrog Pro, JFrog Pro Team, JFrog Pro X, JFrog Enterprise, JFrog Enterprise X, and JFrog Enterprise Plus products that offer ongoing updates, upgrades, and bug fixes, as well as cluster configuration, multi-site replication, and SLA support. It serves technology, financial services, retail, healthcare, and telecommunications organizations. JFrog Ltd. was incorporated in 2008 and is headquartered in Sunnyvale, California. JFrog Ltd (FROG) is classified as a mid-cap stock in the Technology sector, specifically within the Computer Software industry. The company is led by CEO Shlomi B. Haim and employs approximately 1,300 people. With a market capitalization of $5.8B, FROG is one of the notable companies in the Technology sector.
JFrog Ltd (FROG) Stock Rating — Hold (April 2026)
As of April 2026, JFrog Ltd receives a Hold rating with a composite score of 38.7/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.FROG ranks #1,640 out of 4,446 stocks in our coverage universe. Within the Technology sector, JFrog Ltd ranks #181 of 584 stocks, placing it in the upper half of its Technology peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
FROG Stock Price and 52-Week Range
JFrog Ltd (FROG) currently trades at $42.60. The stock lost $1.86 (4.2%) in the most recent trading session. The 52-week high for FROG is $70.43, which means the stock is currently trading -39.5% from its annual peak. The 52-week low is $27.00, putting the stock 57.8% above its annual trough. Recent trading volume was 1.6M shares, reflecting moderate market activity.
Is FROG Overvalued or Undervalued? — Valuation Analysis
JFrog Ltd (FROG) carries a value factor score of 33/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The price-to-book ratio stands at 6.62x, versus the sector average of 3.16x. The price-to-sales ratio is 11.85x, compared to 1.06x for the average Technology stock.
At current multiples, JFrog Ltd trades at a premium to most Technology peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.
JFrog Ltd Profitability — ROE, Margins, and Quality Score
JFrog Ltd (FROG) earns a quality factor score of 37/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -9.0%, compared to the Technology sector average of -1.4%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -5.9% versus the sector average of -1.0%.
On a margin basis, JFrog Ltd reports gross margins of 76.0%, compared to 50.9% for the sector. The operating margin is -20.6% (sector: -0.5%). Net profit margin stands at -16.3%, versus -1.5% for the average Technology stock. Revenue growth is running at 32.9% on a trailing basis, compared to 14.2% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.
FROG Debt, Balance Sheet, and Financial Health
JFrog Ltd has a debt-to-equity ratio of 51.0%, compared to the Technology sector average of 43.0%. Leverage is within a manageable range for the industry, though investors should monitor debt trends over time. The current ratio is 2.14x, indicating strong short-term liquidity. Total debt on the balance sheet is $0. Cash and equivalents stand at $78M.
FROG has a beta of 1.25, meaning it is more volatile than the broader market — a $10,000 investment in FROG would be expected to move 24.6% more than the S&P 500 on any given day. The stability factor score for JFrog Ltd is 36/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.
JFrog Ltd Revenue and Earnings History — Quarterly Trend
In TTM 2026, JFrog Ltd reported revenue of $496M and earnings per share (EPS) of $-0.62. Net income for the quarter was $-80M. Gross margin was 76.0%. Operating income came in at $-100M.
In FY 2025, JFrog Ltd reported revenue of $532M and earnings per share (EPS) of $-0.62. Net income for the quarter was $-72M. Gross margin was 76.8%. Revenue grew 24.1% year-over-year compared to FY 2024. Operating income came in at $-92M.
In Q3 2025, JFrog Ltd reported revenue of $137M and earnings per share (EPS) of $-0.14. Net income for the quarter was $-16M. Gross margin was 77.4%. Revenue grew 25.5% year-over-year compared to Q3 2024. Operating income came in at $-22M.
In Q2 2025, JFrog Ltd reported revenue of $127M and earnings per share (EPS) of $-0.19. Net income for the quarter was $-22M. Gross margin was 76.3%. Revenue grew 23.5% year-over-year compared to Q2 2024. Operating income came in at $-26M.
Over the past 8 quarters, JFrog Ltd has demonstrated a growth trajectory, with revenue expanding from $103M to $496M. Investors analyzing FROG stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
FROG Dividend Yield and Income Analysis
JFrog Ltd (FROG) does not currently pay a dividend. This is common among smaller companies in the Computer Software industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Technology dividend stocks may want to explore other Technology stocks or use the stock screener to filter by dividend yield.
FROG Momentum and Technical Analysis Profile
JFrog Ltd (FROG) has a momentum factor score of 45/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 24/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 52/100 reflects moderate short selling activity.
FROG vs Competitors — Technology Sector Ranking and Peer Comparison
Within the Technology sector, JFrog Ltd (FROG) ranks #181 out of 584 stocks based on the Blank Capital composite score. This places FROG in the upper half of all Technology stocks in our coverage universe. Key competitors and sector peers include IHS Holding Ltd (IHS) with a score of 55.0/100, VERISIGN INC/CA (VRSN) with a score of 56.0/100, ESCO TECHNOLOGIES INC (ESE) with a score of 51.7/100, CareCloud, Inc. (CCLD) with a score of 46.9/100, and MMTec, Inc. (MTC) with a score of 47.4/100.
Comparing FROG against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full FROG vs S&P 500 (SPY) comparison to assess how JFrog Ltd stacks up against the broader market across all factor dimensions.
FROG Next Earnings Date
No upcoming earnings date has been announced for JFrog Ltd (FROG) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy FROG? — Investment Thesis Summary
JFrog Ltd presents a balanced picture with arguments on both sides. The quality score of 37/100 flags below-average profitability. The value score of 33/100 indicates premium valuation. High volatility (stability score 36/100) increases portfolio risk.
In summary, JFrog Ltd (FROG) earns a Hold rating with a composite score of 38.7/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on FROG stock.
Related Resources for FROG Investors
Explore more research and tools: FROG vs S&P 500 comparison, top Technology stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare FROG head-to-head with peers: FROG vs IHS, FROG vs VRSN, FROG vs ESE.