JFrog cloud business surges as AI and security adoption expand
JFrog Ltd. FROG shares are trading about 22% higher premarket after the company reported stronger-than-expected third-quarter ...
Analysis updated on Nov. 6, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq
Our AI scores Jfrog Ltd every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
Jfrog Ltd is a large-cap company with a market capitalization of $12.45B. It ranks number 35 by market capitalization among the 60 Services-Prepackaged Software issuers in our coverage with a current forecast.
For FROG, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 35.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 12.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +3.1%, buy ≥ +1.5%, sell < -0.5%, strong sell < -1.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-11-06 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, FROG included.
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Services-Prepackaged Software peers listed below that report each metric.
| Metric | FROG | Rank |
|---|---|---|
| Market Cap | $12.45B | 35/60 |
| P/B Ratio | 12.33x | 13/51 |
| EPS | $-0.43 | – |
| Book Value/Share | $8.19 | – |
| Revenue/Share | $5.21 | – |
| FCF/Share | $1.68 | – |
| Metric | FROG | Rank |
|---|---|---|
| ROIC | -4.3% | 44/53 |
| Gross Margin | 78.4% | 23/55 |
| Operating Margin | -7.7% | 46/58 |
| EBT Margin | -3.0% | 44/58 |
| Tax Rate | -7.8% | – |
| Metric | FROG | Rank |
|---|---|---|
| Current Ratio | 2.15x | 19/57 |
| D/E Ratio | 0.64x | 31/52 |
| Financial Leverage | 1.64x | 30/51 |
| Working Capital | $577M | 27/57 |
| Metric | FROG | Rank |
|---|---|---|
| Operating Cash Flow | $215M | 52/58 |
| Free Cash Flow | $207M | 43/49 |
| Capital Spending | -$8M | 12/49 |
| OCF Growth YoY | 49.4% | 15/51 |
| FCF Growth YoY | 47.2% | 11/43 |
| FCF/Sales | 32.3% | 10/49 |
| CapEx/Sales | 1.2% | 21/49 |
| Metric | FROG | Rank |
|---|---|---|
| Asset Turnover | 0.39x | 39/49 |
| Receivables Turnover | 4.7x | 41/49 |
| Fixed Assets Turnover | 64.6x | 12/48 |
| Days Sales Outstanding | 78 days | 9/49 |
| Payables Period | 41 days | 15/52 |
| Metric | FROG | Rank |
|---|---|---|
| Total Revenue | $642M | 52/52 |
| Operating Income | -$49M | 43/58 |
| R&D Expense | $215M | 51/58 |
| SG&A Expense | $669M | 52/57 |
| Cost of Goods Sold | $138M | 55/56 |
| Metric | FROG | Rank |
|---|---|---|
| Shares Outstanding | 123M | – |
| Total Current Assets | $1.08B | 65.0% of assets |
| Cash & Short-term Investments | $75M | 4.5% of assets |
| Accounts Receivable | $137M | 8.3% of assets |
| Total Liabilities | $649M | 39.1% of assets |
| Short-term Debt | $486M | 29.3% of assets |
Companies classified under the same SEC industry code as Jfrog Ltd (Services-Prepackaged Software): 60 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| FROG Jfrog Ltd | $12.45B | |
| MSFT Microsoft Corp | $3.94T | |
| PLTR Palantir Technologies Inc. | $385.38B | |
| ORCL Oracle Corp | $351.06B | |
| SAP Sap Se | $286.79B | |
| CRWD Crowdstrike Holdings, Inc. | $222.09B | |
| SHOP Shopify Inc. | $191.59B | |
| CRM Salesforce, Inc. | $175.83B | |
| NET Cloudflare, Inc. | $95.00B | |
| ADBE Adobe Inc. | $93.14B | |
| CDNS Cadence Design Systems Inc | $87.78B | |
| SNPS Synopsys Inc | $84.38B | |
| NTES Netease, Inc. | $82.37B | |
| DDOG Datadog, Inc. | $64.29B | |
| ADSK Autodesk, Inc. | $54.70B | |
| XYZ Block, Inc. | $50.49B | |
| VEEV Veeva Systems Inc | $49.18B | |
| TTWO Take Two Interactive Software Inc | $40.18B | |
| TEAM Atlassian Corp | $38.90B | |
| RBLX Roblox Corp | $35.28B | |
| TWLO Twilio Inc | $31.26B | |
| OKTA Okta, Inc. | $29.49B | |
| CRWV Coreweave, Inc. | $25.59B | |
| MDB Mongodb, Inc. | $25.20B | |
| RBRK Rubrik, Inc. | $21.92B | |
| PTC Ptc Inc. | $21.12B | |
| SSNC Ss&C Technologies Holdings Inc | $18.24B | |
| GEN Gen Digital Inc. | $17.67B | |
| TYL Tyler Technologies Inc | $17.11B | |
| NTNX Nutanix, Inc. | $15.79B | |
| CHKP Check Point Software Technologies Ltd | $15.22B | |
| MANH Manhattan Associates Inc | $14.82B | |
| BSY Bentley Systems Inc | $13.49B | |
| GWRE Guidewire Software, Inc. | $13.23B | |
| DT Dynatrace, Inc. | $12.55B | |
| PCOR Procore Technologies, Inc. | $11.45B | |
| PAYC Paycom Software, Inc. | $11.27B | |
| SAIL Sailpoint, Inc. | $10.97B | |
| FIG Figma, Inc. | $10.03B | |
| HUBS Hubspot Inc | $10.00B | |
| PCTY Paylocity Holding Corp | $9.19B | |
| ESTC Elastic N.V. | $9.04B | |
| NTSK Netskope Inc | $8.70B | |
| APPF Appfolio Inc | $8.18B | |
| GTLB Gitlab Inc. | $8.16B | |
| DSGX Descartes Systems Group Inc | $8.09B | |
| DBX Dropbox, Inc. | $7.82B | |
| TTAN Servicetitan, Inc. | $7.80B | |
| S Sentinelone, Inc. | $7.58B | |
| DUOL Duolingo, Inc. | $7.51B | |
| GLBE Global-E Online Ltd. | $7.26B | |
| ZETA Zeta Global Holdings Corp. | $7.26B | |
| PATH Uipath, Inc. | $6.78B | |
| QLYS Qualys, Inc. | $6.59B | |
| CVLT Commvault Systems Inc | $6.45B | |
| NAVN Navan, Inc. | $6.33B | |
| KVYO Klaviyo, Inc. | $5.90B | |
| NICE Nice Ltd. | $5.80B | |
| BOX Box Inc | $5.76B | |
| OCTV Octave Intelligence Plc | $5.63B |
JFrog Ltd. FROG shares are trading about 22% higher premarket after the company reported stronger-than-expected third-quarter ...
JFrog (FROG) delivered earnings and revenue surprises of +39.13% and +8.22%, respectively, for the quarter ended September ...
The company is seeing a shift toward 'DevGovOps,' where enterprises are adopting JFrog AppTrust to automate governance and ...
Our AI scores Jfrog Ltd every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
For FROG, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 35.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 12.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Jfrog Ltd forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Nov. 6, 2026.
60 issuers in our coverage, FROG included, share the SEC industry code Services-Prepackaged Software. The largest are: Microsoft Corp (MSFT), Palantir Technologies Inc. (PLTR), Oracle Corp (ORCL), Sap Se (SAP), Crowdstrike Holdings, Inc. (CRWD), Shopify Inc. (SHOP).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.
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