Truist Securities Raises JFrog (FROG) Price Target to $115

On October 21, 2026, Truist Securities maintained its Buy rating on JFrog Ltd. (NASDAQ:FROG) while lifting its price target from $110 to $115. The research note arrived as the software firm prepares for its next quarterly earnings report scheduled for November 5, 2026. JFrog closed at $96.30 on the day of the rating update.

FROG JFrog Ltd.

$96.30 ▲ +61.66% year to date

1M 3M YTD

Daily close · Oct 21, 2026

Truist Securities' Call on JFrog

Truist Securities kept a positive stance on the software provider, offering a fresh endorsement alongside a higher price target. The firm joined a chorus of Wall Street institutions tracking the developer platform. JFrog shares trade below the new $115 target, reflecting steady confidence from the analysts covering the business.

Other Institutional Activity in JFrog

Large funds adjusted their holdings in JFrog during the period ending June 30, 2026. Whale Rock Capital Management LLC reduced its holdings by 1,561,592 shares, ending with 4,458,423 shares worth about $413,518,733. Optimus Prime Fund Management Co., Ltd. trimmed its stake by 710,754 shares to hold 3,990,000 shares valued at approximately $370,072,500. BNP Paribas Asset Management Holding S.A. cut its position by 566,764 shares, leaving it with 3,840,424 shares worth about $356,199,326. On the other hand, First Trust Advisors LP grew its holdings by 369,875 shares, ending with 3,732,370 shares worth about $346,177,317.

JFrog Ltd. Stock Up 0.3%

JFrog shares recently traded around $92.63 as of October 22, 2026, down about 3.8% from the previous session's close. The stock sits roughly 0.6% below its 50-day moving average of $93.21 and about 31.6% above its 200-day moving average of $70.40. Over the past 52 weeks, the company has traded as low as $34.05 and as high as $105.76. The company carries a market capitalization of roughly $11.87 billion.

Recent Earnings

JFrog reported trailing twelve month revenue of $599,961,984.00, accompanied by a year-over-year revenue growth rate of 28.7%. The firm posted a negative trailing earnings per share of $0.34, alongside a net profit margin of -7.3% and a return on equity of -4.9%.

Insider Buying and Selling at JFrog Ltd.

Company insiders completed several transactions prior to the analyst update. Officer Tali Notman disposed of 18,794 shares on September 8, 2026, valued at $1,634,660.00. Director Barry Zwarenstein sold 1,250 shares at $88.38 apiece on September 14, 2026, for a total of $110,475.00. Director Frederic Simon parted with 120,000 shares on October 1, 2026, totaling $116,689,03.00. Chief Technology Officer Yoav Landman sold 45,000 shares at $97.27 on October 5, 2026, worth $4,377,150.00.

Analysts Set New Price Targets

Wall Street firms have actively updated their views on the stock ahead of the upcoming reporting date. On September 3, 2026, TD Cowen reiterated its Buy rating with a $120.00 price target. DA Davidson maintained a Buy rating and a $115.00 target on September 4, 2026. BTIG also kept a Buy rating and a $115.00 target on September 4, 2026. Later, on October 14, 2026, UBS maintained its Buy rating while raising its price target from $120.00 to $125.00. Across the broader analyst community, the consensus recommendation stands at strong buy, backed by 22 analyst opinions and a mean price target of $112.45.

About JFrog

Based in Sunnyvale, California, JFrog Ltd. builds software supply chain management tools designed to help development teams store, secure, and distribute software updates efficiently. The company operates globally, serving enterprise customers who rely on automated software delivery. Analyst updates like the one from Truist Securities help shape market expectations as the company approaches its next financial report.

Bottom Line

Investors will look toward JFrog's upcoming earnings release on November 5, 2026, for fresh details on revenue growth and profitability metrics. The recent target adjustment from Truist Securities highlights steady optimism among financial institutions regarding the company's software platform.