Stock AnalizJFrog Ltd FROG
Computer Software: Prepackaged Software · IPO 2020 · data as of November 13, 2026
JFrog Ltd (FROG) is a technology company listed in the US with a market value of about $14.2B. In the twelve months to September 30, 2026 it had revenue of $642M and net income of -$21M, a net margin of -3.3%.
Its overall Stock Analiz score is 2.0 out of 5 (weak). The strongest part is future growth (5/5); the weakest is value (0/5).
Key numbers: a price to free cash flow of 68.3, 5-year revenue growth of 29% a year, a 5-year average ROIC of -9%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 83% below the current price.
Score: 2.0 / 5
Checks passed
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year revenue growth above 8% a year
- More cash than debt, or low debt to equity
- Positive free cash flow
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- 5-year EPS growth above 10% a year
- 5-year average ROIC above 12%
- Profitable 5 years in a row
Valuation
Growth and quality
Financials, last 8 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $642M | $532M | $428M | $350M | $280M | $207M | $151M | $105M | $64M |
| Net income | -$21M | -$72M | -$69M | -$61M | -$90M | -$64M | -$9M | -$5M | -$26M |
| Free cash flow | $207M | $142M | $108M | $72M | $17M | $24M | $26M | $8M | $6M |
| EPS (diluted) | $-0.18 | $-0.62 | $-0.63 | $-0.59 | $-0.91 | $-0.68 | $-0.20 | $-0.20 | $-1.00 |
| Net margin | -3.3% | -13.5% | -16.2% | -17.5% | -32.2% | -31.1% | -6.2% | -5.1% | -40.9% |
| ROIC | — | -8.1% | -9.1% | -8.5% | -10.9% | -9.8% | -1.9% | — | — |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 22 analysts is $117.68, 4% above the current price; targets range from $95.00 to $135.00; the consensus rating is “Strong buy”; expected EPS is $1.15 for the fiscal year ending December 31, 2026.
Frequently asked questions
Is JFrog stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 83% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does JFrog pay a dividend?
Not currently.
Is JFrog a good stock to buy?
We do not give buy or sell advice. JFrog scores 2.0 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.