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Jfrog Ltd (FROG) stock has reached a new 52-week high, hitting $50.99. This milestone reflects a significant upward trend for the company over the past year, with its stock price experiencing a remarkable 78.23% increase. The company, now valued at approximately $5.9 billion, has demonstrated strong momentum with a 47.7% surge in the past six months alone. According to InvestingPro data, analysts maintain a bullish outlook, with price targets ranging from $48 to $60. The software company, known for its DevOps platform, has been gaining investor confidence, contributing to this substantial growth in stock value. The company boasts impressive fundamentals with a 75.5% gross profit margin and robust revenue growth of 22% year-over-year. As Jfrog continues to expand its market presence, the stock’s performance over the past year highlights the company’s robust financial health and positive market sentiment. InvestingPro analysis indicates the stock is currently trading near its Fair Value, with 12 additional exclusive insights available to subscribers.
In other recent news, several investment firms have updated their price targets and ratings for JFrog. Cantor Fitzgerald increased its price target for JFrog to $60 from $55, maintaining an Overweight rating. This adjustment follows insights from JFrog’s SwampUP 2025 event, where the company emphasized its role as a secure and automated trust platform. Similarly, KeyBanc raised its price target to $57 from $52, also maintaining an Overweight rating, citing JFrog’s licensing model and consumption-based pricing as strengths.
Stifel reiterated its Buy rating with a $53 price target, highlighting JFrog’s integration of generative AI into its platform. Canaccord Genuity also raised its price target to $55 from $52, maintaining a Buy rating and pointing to JFrog’s durable growth outlook. Meanwhile, DA Davidson increased its price target to $60 from $55, citing new product launches and a positive growth outlook after attending the company’s SwampUp conference. These recent developments reflect a generally positive sentiment among analysts regarding JFrog’s growth and strategic initiatives.
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