
JFrog (FROG) Stock Forecast & Price Target
JFrog (FROG) Analyst Ratings
Bulls say
JFrog Ltd demonstrated strong financial performance with a 37% year-over-year growth in SaaS revenue during the fourth quarter, reaching $49.4 million, and an overall annual revenue growth of 41% to $168.0 million, aligning with management's guidance. The company also saw significant growth in its customer base, with the number of customers generating at least $100,000 in annual recurring revenue increasing by 52 quarter-over-quarter to 1,018. Furthermore, JFrog's robust cloud revenue performance was bolstered by successful migrations of self-hosted customers to cloud-based offerings, indicating a sustained positive trajectory in their financial growth and market position.
Bears say
The analysis of JFrog Ltd indicates a negative outlook primarily due to a slight decline in Net Revenue Retention (NRR) to 116%, which suggests potential challenges in customer engagement and retention going forward. Additionally, the company faces increased competition from both pure-play DevOps firms and hyperscalers, which could lead to pricing pressures and loss of market share, further hindering growth prospects. Lastly, a year-over-year decrease in Total Customer Count by 100, alongside risks related to slower product adoption and execution challenges, raises concerns about revenue growth trajectory and overall investor sentiment.
This aggregate rating is based on analysts' research of JFrog and is not a guaranteed prediction by Public.com or investment advice.
JFrog (FROG) Analyst Forecast & Price Prediction
Start investing in JFrog (FROG)
Order type
Buy in
Order amount
Est. shares
0 shares