FROG · NASDAQ · STOCK
JFrog (FROG) Stock Analysis
$102.21
52W $34.05 – $105.76
59/100
$12.38B
-277.2
1.24
⚠
Buy rating, but near-term risk/reward is unfavorable
The long-term recommendation is based on the composite investment score. The near-term risk/reward is based on nearby support and resistance levels. These can differ when a strong company trades close to resistance with support further below.
Is FROG Bullish or Bearish?
Bullish.
Innellis AI committee rates JFrog Ltd. (FROG) Buy with a composite score of 59/100
, based on 6 analysts with 67% agreement.
Last updated October 10, 2026.
What Would Change This View
- Upgrade to Strong Buy
- Requires a committee score of 75.0 — +15.78 from today. Applies on the first day at or above the line; upgrades are never dampened.
- Downgrade to Watch
- Requires the score to fall below 55.0 — -4.22 from today. The band boundary is 60.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.
Executive Summary
The primary driver is revenue growing 26.4% yoy -- genuine top-line momentum. The main limiting factor is sector concentration is already high (hhi 2796.97). The committee is constructive but not yet at full conviction.
Bull & Bear Case
Bull Case
- Revenue growing 26.4% YoY -- genuine top-line momentum — Growth
- 4 consecutive earnings beats -- consistent execution — Growth
- Price structure making higher highs and higher lows — Technical
- MACD histogram positive -- bullish momentum — Technical
- Trend and market structure agree -- coherent bullish picture — Technical
- Weekly trend (uptrend) confirms the daily trend -- multi-timeframe agreement — Technical
Bear Case
- Price-to-book of 8.3x prices in significant intangible value — Value
- ROE of only -4.9% -- cheap may mean cheap for a reason — Value
- Growth rate is decelerating quarter over quarter -- the trend line matters more than the level — Growth
- RSI at 71 is in overbought territory — Technical
- Price trading above the upper Bollinger Band -- stretched — Technical
- Bollinger bandwidth of 15.2% signals elevated volatility — Risk
Both cases are generated from quantitative data signals, not qualitative or
forward-looking judgement. They summarise what the numbers say today.
Price History (6M)
AI Investment Committee
Committee Consensus
As of October 10, 2026
Overall Committee Score
59/100
Agreement
67%
Analysts
6
Conviction
Moderate
Sector Rank
Top 46%
of 287 Technology peers
Value Analyst
neutral
43
/ 100 · Moderate confidence
Fair value -- neither a bargain nor obviously overpriced
− Price-to-book of 8.3x prices in significant intangible value
Growth Analyst
bullish
67
/ 100 · High confidence
Strong, accelerating growth with consistent execution
+ Revenue growing 26.4% YoY -- genuine top-line momentum
− Growth rate is decelerating quarter over quarter -- the trend line matters more than the level
Technical Analyst
bullish
61
/ 100 · High confidence
Price action is constructive -- trend and momentum agree
+ Price structure making higher highs and higher lows
− RSI at 71 is in overbought territory
Risk Analyst
neutral
58
/ 100 · Moderate confidence
Moderate risk -- no single red flag, but nothing that clearly de-risks the position either
+ Low leverage (debt-to-equity 0.00) -- balance sheet can absorb a shock
− Bollinger bandwidth of 15.2% signals elevated volatility
Macro Analyst
bullish
65
/ 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
News Analyst
bullish
62
/ 100 · Low confidence
News flow and recent filings/analyst actions are net positive
Portfolio Manager
bearish
30
/ 100 · Moderate confidence
The existing book itself argues for caution here, independent of how good this specific stock looks
− Sector concentration is already high (HHI 2796.97)
Investment Thesis Evolution
Committee score weakened from 64.3 to 59.2.
- Conviction changed from high to moderate.
- Committee agreement fell notably from 83% to 67%.
- New bearish signals: 3 appeared.
- Analyst(s) changed stance: Risk Analyst.
Analyst-level changes:
- Risk Analyst: stance bullish->neutral; score 80->58 (-22); +1 bearish signal(s).
- Technical Analyst: score 69->61 (-8); +2 bearish signal(s).
Comparing 2026-10-09 to 2026-10-10 (1 day apart).
Technical Analysis
RSI (14)
71.1
Overbought
MACD Histogram
0.744
Bullish Momentum
Trend Direction
Uptrend
Weekly: Uptrend
Market Structure
Hh Hl
Support
$81.93
Resistance
$105.25
Bollinger %B
1.04
Above Upper Band
Price vs Moving Averages
EMA 9
$97.38
Above
EMA 21
$94.95
Above
EMA 50
$91.55
Above
EMA 200
$74.52
Above
Fundamental Analysis
Valuation
67
Growth
69
Profitability
25
Financial Health
100
Cash Flow
70
Valuation
P/E Ratio
-277.2×
P/B Ratio
12.96×
PEG Ratio
-3.41
Dividend Yield
0.00%
52W High
$105.76
52W Low
$34.05
Quality & Growth
ROE
-809.3%
ROA
-535.4%
Gross Margin
7786.2%
Operating Margin
-1119.5%
Revenue Growth YoY
—
Debt / Equity
0.02
AI Fundamental Assessment
P/E ratio of -277.2 (inexpensive relative to a 15-40x range); Price-to-book of 13.0x; PEG ratio of -3.4 (under 1.0 suggests growth is undervalued relative to price); Return on equity of -8.1%; Return on assets of -5.4%; Net margin of -7.3%; Gross margin of 77.9%; Current ratio of 2.14 (healthy short-term liquidity); Debt-to-equity of 0.02; Free cash flow per share is positive (1.39); Most recent quarter beat estimates by 10.2%; 4 consecutive earnings beats; EPS growth decelerating (+22.7% -> +0.0% QoQ); Analyst estimates rising over recent quarters
Get the Full FROG Analysis
Interactive charts · Live committee votes · Trade plan · Paper trading · AI Q&A
Open in Terminal →