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Investing.com - Cantor Fitzgerald raised its price target on JFrog (NASDAQ:FROG) to $70.00 from $60.00 on Thursday, while maintaining an Overweight rating on the software company’s shares. The new target represents significant upside from JFrog’s current price of $47.26, with InvestingPro data showing analyst targets ranging from $50 to $75.
The price target increase follows JFrog’s third-quarter 2025 results, which exceeded FactSet consensus estimates for revenue, billings, and operating margin. The company’s performance was driven by sustained cloud consumption growth, expanding annual commitments, and large security wins. JFrog posted impressive 22.7% revenue growth and maintained robust gross profit margins of 76.2% for the trailing twelve months.
JFrog’s fourth-quarter 2025 guidance also came in above Street expectations, contributing to investor enthusiasm. The stock traded up approximately 26% in the aftermarket following the earnings announcement, compared to the S&P 500 which remained relatively flat.
Cantor Fitzgerald highlighted the convergence of DevOps and MLOps as a positive factor for JFrog’s business outlook. The firm also noted new innovations introduced during the quarter, including AppTrust, Fly, AI Catalog, and agentic remediation capabilities.
These new product offerings position the company for further upside potential, according to the investment firm’s analysis of JFrog’s quarterly performance and forward guidance.
In other recent news, JFrog Ltd. reported strong financial results for the third quarter of 2025, exceeding analysts’ expectations. The company achieved an earnings per share (EPS) of $0.22, outperforming the anticipated $0.16. Additionally, JFrog’s revenue reached $139.6 million, surpassing the forecasted $128.33 million. These results highlight the company’s solid performance in the recent quarter. The announcement reflects positively on JFrog’s financial health, with analysts noting the better-than-expected earnings and revenue figures. The company’s ability to exceed market forecasts may influence investor sentiment moving forward. As these developments unfold, investors will be watching closely for any further updates or changes in analyst ratings.
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