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SUNNYVALE, Calif. - JFrog Ltd. (NASDAQ:FROG), a $4.62 billion software company with impressive 76% gross profit margins and strong revenue growth of 22% year-over-year, introduced a new Model Context Protocol (MCP) Server that allows developers to use AI agents and Large Language Models to interact directly with the company’s software supply chain platform, according to a press release issued Thursday.
The MCP Server enables developers to use natural language commands like "Create a new local repository" or "Do we have this package in our organization?" from within their development environments without switching contexts.
The new architecture is designed to connect with MCP clients, including coding development environments and integrated development environments (IDEs), with the aim of increasing developer productivity and streamlining workflows.
"With the launch of the JFrog MCP Server, we’re expanding the open integration capabilities of the JFrog Platform to seamlessly connect with LLMs and agentic tools," said Yoav Landman, Co-Founder and CTO of JFrog.
The company emphasized security features in the new offering, noting that its security research team recently discovered vulnerabilities that could potentially hijack MCP clients. JFrog’s implementation relies on HTTPS connections and OAuth 2.1 authentication with scoped access per tenant and tool.
The MCP Server provides tools for managing projects and repositories, viewing build status, and querying package and vulnerability information. It is available as a remote, secure server in all JFrog cloud environments with automatic updates.
The new feature is currently available for developers to test during a preview period, according to the company’s statement. With analysts expecting profitability this year and six analysts recently revising earnings estimates upward, JFrog shows promising potential. For deeper insights into JFrog’s financial health and growth prospects, including additional ProTips and comprehensive analysis, visit InvestingPro, where you’ll find detailed research reports covering 1,400+ top stocks.
In other recent news, JFrog has reported impressive first-quarter results, exceeding expectations in both revenue and earnings, largely driven by strong cloud performance. This success has prompted several investment firms to adjust their outlooks for the company. Raymond James raised its price target for JFrog from $40 to $50, citing the expanding cybersecurity business as a potential driver for future growth. Similarly, TD Cowen increased its price target from $47 to $50, acknowledging JFrog’s robust cloud growth and optimistic financial outlook. DA Davidson also raised its price target to $45, recognizing JFrog’s strong start to the year and increased demand for its security products.
Additionally, JFrog has announced the appointment of Sunny Rao as Senior Vice President of Asia Pacific sales, aiming to enhance its growth in the APAC region. Rao brings extensive experience in IT and enterprise software sales, having held senior positions at companies like Vonage and Avaya. Stifel analysts have maintained a Buy rating with a $45 price target, noting JFrog’s strong first-quarter performance and substantial contract with a leading AI company. Furthermore, JFrog has increased its forecast for fiscal year 2025 cloud growth by 100 basis points, reflecting confidence in its cloud services. These developments indicate a positive trajectory for JFrog, supported by strategic appointments and strong financial performance.
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