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JFrog Ltd Stock Research

FROG

18.80USD+0.32(+1.73%)Market Closed

Market Summary

USD18.80+0.32
Market Closed
1.73%

FROG Alerts

FROG Stock Price

FROG RSI Chart

FROG Valuation

Market Cap

1.9B

Price/Earnings (Trailing)

-21.04

Price/Sales (Trailing)

6.77

EV/EBITDA

-26.42

Price/Free Cashflow

110.96

FROG Price/Sales (Trailing)

FROG Profitability

Operating Margin

77.76%

EBT Margin

-30.26%

Return on Equity

-14.43%

Return on Assets

-10.35%

Free Cashflow Yield

0.9%

FROG Fundamentals

FROG Revenue

Revenue (TTM)

280.0M

Revenue Y/Y

29.22%

Revenue Q/Q

6.33%

FROG Earnings

Earnings (TTM)

-90.2M

Earnings Y/Y

-2.03%

Earnings Q/Q

1.69%

Price Action

52 Week Range

16.3628.03
(Low)(High)

Last 7 days

-10.8%

Last 30 days

-20.3%

Last 90 days

-18.5%

Trailing 12 Months

-13.6%

FROG Financial Health

Current Ratio

2.54

FROG Investor Care

Shares Dilution (1Y)

3.70%

Diluted EPS (TTM)

-0.91

Peers (Alternatives to JFrog)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.4T
387.5B
-0.56% -0.91%
25.47
6.25
2.44% -5.35%
2.0T
204.1B
-1.92% -6.89%
29.31
9.69
10.38% -5.25%
1.2T
282.8B
1.63% -25.54%
20.69
4.39
9.78% -21.12%
985.3B
514.0B
-3.36% -34.72%
-361.97
1.92
9.40% -108.16%
MID-CAP
3.3B
258.4M
203.99% 176.76%
-11.18
12.92
24.91% -254.56%
2.3B
9.2B
-18.97% -49.38%
-6.25
0.25
51.67% -98.90%
SMALL-CAP
1.6B
1.7B
-22.36% -14.62%
13.28
0.94
61.79% 371.82%
1.4B
602.5M
-17.77% -52.80%
-2.5
2.4
18.18% -18.59%
1.1B
418.9M
5.51% -56.16%
-2.97
2.6
-9.85% -101.06%
986.8M
478.9M
-11.35% -65.42%
-0.31
2.06
-31.50% -634.70%
954.9M
482.4M
-16.25% -37.64%
-4.12
1.98
33.15% -170.42%
841.2M
50.8M
-34.66% -77.56%
-1.07
16.55
1229.98% -13.59%
791.6M
1.1B
-10.56% -33.33%
27.44
0.72
-5.82% -92.23%
286.8M
10.3M
-24.84% -63.38%
-1.02
27.94
478.23% 7.85%

Financials for JFrog

Income Statement (Last 12 Months)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue6.6%280,040,000262,730,000244,442,000225,292,000206,683,000
Gross Profit6.3%217,753,000204,861,000191,010,000178,033,000164,860,000
Operating Expenses5.2%307,593,000292,459,000276,085,000254,929,000233,229,000
  S&GA Expenses4.5%130,812,000125,173,000116,342,000106,377,00096,962,000
  R&D Expenses6.6%121,225,000113,682,000105,126,00092,869,00079,604,000
EBITDA1.3%-70,091,000-71,026,000-70,492,000-64,980,000-
EBITDA Margin7.4%-0.25-0.27-0.29-0.29-
Earnings Before Taxes0.8%-84,746,000-85,421,000-84,247,000-76,239,000-67,625,000
EBT Margin6.9%-0.30-0.33-0.34-0.34-
Net Income-0.5%-90,184,000-89,724,000-86,636,000-76,012,000-64,203,000
Net Income Margin5.7%-0.32-0.34-0.35-0.34-
Free Cahsflow-37.4%17,097,00027,297,0004,816,00019,886,000-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets2.2%871853858856853
  Current Assets4.5%532509510507499
    Cash Equivalents-15.5%46.0054.0055.0060.0068.00
  Net PPE-0.4%8.008.008.007.007.00
  Goodwill0%248248248248248
Liabilities8.2%246228232220214
  Current Liabilities9.0%210192194183175
Shareholder's Equity0.0%625625625637639
  Retained Earnings-11.2%-229-206-182-158-138
  Additional Paid-In Capital2.6%856835812796777
Accumulated Depreciation9.7%8.007.006.00--
Shares Outstanding0.7%10110099.0099.0097.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-32.6%21.0032.009.0024.0028.00
  Share Based Compensation9.7%69.0063.0060.0059.0057.00
Cashflow From Investing27.1%-53.34-73.16-225-116-125
Cashflow From Financing-9.8%11.0012.0012.005.001.00

Risks for FROG

What is the probability of a big loss on FROG?

94.7%


Probability that JFrog stock will be more than 20% underwater in next one year

87.0%


Probability that JFrog stock will be more than 30% underwater in next one year.

71.8%


Probability that JFrog stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does FROG drawdown profile look like?

Y-axis is the maximum loss one would have experienced if JFrog was unfortunately bought at previous high price.

Drawdowns

Returns for FROG

Cumulative Returns on FROG

Which funds bought or sold FROG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
BAILLIE GIFFORD & CO
added
10.66
2,342,140
37,015,100
0.04%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
sold off
-100
-1,901,000
-
-%
2023-03-06
Rockefeller Capital Management L.P.
added
325
6,000
8,000
-%
2023-02-21
MACQUARIE GROUP LTD
sold off
-
-12,000
-
-%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
unchanged
-
-1,040
34,960
-%
2023-02-17
Coppell Advisory Solutions Corp.
new
-
2,986
2,986
-%
2023-02-15
Steward Partners Investment Advisory, LLC
reduced
-55.56
-5,734
4,266
-%
2023-02-15
JANE STREET GROUP, LLC
reduced
-1.11
-118,116
2,451,880
-%
2023-02-15
Pier Capital, LLC
reduced
-22.68
-2,098,630
6,163,370
1.01%
2023-02-15
LAZARD ASSET MANAGEMENT LLC
reduced
-3.16
-3,000
38,000
-%

1–10 of 42

Latest Funds Activity

Are funds buying FROG calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own FROG
No. of Funds

JFrog News

Marketscreener.com

New Relic Launches JFrog Integration.

Marketscreener.com,
21 hours ago

InvestorsObserver

Seeking Alpha

Nasdaq

Investing.com UK

Schedule 13G FIlings of JFrog

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
gemini israel v limited partnership
8.5%
8,490,780
SC 13G/A
Feb 09, 2023
landman yoav
7.2%
7,299,402
SC 13G/A
Feb 09, 2023
shlomi ben haim
5.0%
5,089,800
SC 13G/A
Feb 09, 2023
simon frederic
5.4%
5,423,794
SC 13G/A
Feb 09, 2023
vanguard group inc
5.18%
5,190,640
SC 13G
Feb 14, 2022
simon frederic
5.8%
5,636,675
SC 13G/A
Feb 14, 2022
shlomi ben haim
85%
5,130,363
SC 13G/A
Feb 14, 2022
landman yoav
85%
7,304,757
SC 13G/A
Feb 11, 2022
sapphire ventures, l.l.c.
8.41%
8,102,173
SC 13G/A
Feb 11, 2022
dell technologies inc.
2.3%
2,197,908
SC 13G/A

FROG Fair Value

JFrog fair value in different scenarios

The table shows the Fair Value estimates for JFrog for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

1.93

-89.73%

2.45

-86.97%

4.04

-78.51%

6.60

-64.89%

8.91

-52.61%
Current Inflation

1.90

-89.89%

2.36

-87.45%

3.75

-80.05%

5.94

-68.40%

7.92

-57.87%
Very High Inflation

1.85

-90.16%

2.25

-88.03%

3.40

-81.91%

5.18

-72.45%

6.77

-63.99%

Historical JFrog Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of JFrog

View All Filings
Date Filed Form Type Document
Mar 09, 2023
4
Insider Trading
Mar 06, 2023
144/A
144/A
Mar 06, 2023
144/A
144/A
Mar 06, 2023
4
Insider Trading
Mar 06, 2023
4
Insider Trading
Mar 06, 2023
4
Insider Trading
Mar 03, 2023
144
Notice of Insider Sale Intent
Mar 03, 2023
144
Notice of Insider Sale Intent
Mar 02, 2023
4
Insider Trading
Feb 24, 2023
4
Insider Trading

Latest Insider Trading transactions for FROG

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-08
Landman Yoav
sold
-318,802
21.2535
-15,000
chief technology officer
2023-03-03
Shulman Yakov (Jacob)
sold
-84,966
22.7549
-3,734
chief financial officer
2023-03-03
Shlomi Ben Haim
sold
-69,835
22.7552
-3,069
chief executive officer
2023-03-02
Shulman Yakov (Jacob)
sold
-45,917
22.72
-2,021
chief financial officer
2023-03-02
Shlomi Ben Haim
sold
-37,465
22.72
-1,649
chief executive officer
2023-03-02
Notman Tali
sold
-35,988
22.72
-1,584
chief revenue officer
2023-02-22
Simon Frederic
gifted
-
-
-35,000
-
2023-02-22
Sela Yossi
sold
-346,460
22.8656
-15,152
-
2023-02-17
Simon Frederic
sold
-1,040,140
23.1142
-45,000
-
2023-02-15
Shulman Yakov (Jacob)
acquired
15,470
2.38
6,500
chief financial officer

1–10 of 50

Shlomi B. Haim
1000
JFrog Ltd. provides DevOps platform in the United States. The company's products include JFrog Artifactory, a package repository that allows teams and organizations to store, update, and manage their software packages at any scale; JFrog Pipelines, an integration/continuous delivery tool for automating and orchestrating the movement of software packages; JFrog Xray, which scan JFrog Artifactory; and JFrog Distribution that provides software package distribution with enterprise-grade performance. Its products include JFrog Artifactory Edge that utilizes and leverages metadata from JFrog Artifactory to facilitate the transfer of the incremental changes in software packages from their previous versions; JFrog Mission Control, a platform control panel that provides a view of moving pieces of an organization's software supply chain workflow; JFrog Insight, a DevOps intelligence tool; and JFrog Connect, a device management solution that allows companies to manage software updates and monitor performance across IoT device fleets from anywhere in the world. The company's products also comprise JFrog Pro, JFrog Pro Team, JFrog Pro X, JFrog Enterprise, JFrog Enterprise X, and JFrog Enterprise Plus products that offer ongoing updates, upgrades, and bug fixes, as well as cluster configuration, multi-site replication, and SLA support. It serves technology, financial services, retail, healthcare, and telecommunications organizations. JFrog Ltd. was incorporated in 2008 and is headquartered in Sunnyvale, California.

FROG Income Statement

2022-09-30
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue:    
Total subscription revenue$ 71,991$ 53,703$ 203,494$ 147,447
Cost of revenue:    
Total cost of revenue—subscription15,89811,46145,00528,959
Gross profit56,09342,242158,489118,488
Operating expenses:    
Research and development31,69823,14287,74453,666
Sales and marketing33,15224,32194,32366,112
General and administrative14,68215,69541,41044,469
Total operating expenses79,53263,158223,477164,247
Operating loss(23,439)(20,916)(64,988)(45,759)
Interest and other income, net1,369202,159726
Loss before income taxes(22,070)(20,896)(62,829)(45,033)
Income tax expense (benefit)1,482(432)4,200(3,525)
Net loss$ (23,552)$ (20,464)$ (67,029)$ (41,508)
Net loss per share, basic and diluted$ (0.24)$ (0.21)$ (0.68)$ (0.44)
Net loss per share, basic and diluted$ (0.24)$ (0.21)$ (0.68)$ (0.44)
Weighted-average shares used in computing net loss per share, basic and diluted99,617,68795,707,06298,825,42294,028,537
Weighted-average shares used in computing net loss per share, basic and diluted99,617,68795,707,06298,825,42294,028,537
Subscription—self-managed and SaaS    
Revenue:    
Total subscription revenue$ 67,750$ 49,248$ 190,498$ 135,898
Cost of revenue:    
Total cost of revenue—subscription15,67811,26244,34528,379
License—self-managed    
Revenue:    
Total subscription revenue4,2414,45512,99611,549
Cost of revenue:    
Total cost of revenue—subscription$ 220$ 199$ 660$ 580

FROG Balance Sheet

2022-09-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 53,971$ 68,284
Short-term investments380,031352,844
Accounts receivable, net49,03750,483
Deferred contract acquisition costs7,3905,271
Prepaid expenses and other current assets18,62022,140
Total current assets509,049499,022
Property and equipment, net8,0506,689
Deferred contract acquisition costs, noncurrent12,4719,120
Operating lease right-of-use assets23,73825,999
Intangible assets, net40,52447,980
Goodwill247,955247,776
Other assets, noncurrent10,83815,942
Total assets852,625852,528
Current liabilities:  
Accounts payable13,12210,868
Accrued expenses and other current liabilities28,96627,954
Operating lease liabilities6,9287,293
Deferred revenue143,199129,149
Total current liabilities192,215175,264
Deferred revenue, noncurrent16,53517,957
Operating lease liabilities, noncurrent15,99920,014
Other liabilities, noncurrent2,958712
Total liabilities227,707213,947
Commitments and contingencies (Note 10)
Shareholders' equity:  
Preferred shares, NIS 0.01 par value per share; 50,000,000 shares authorized; 0 issued and outstanding as of September 30,2022 and December 31, 202100
Ordinary shares, NIS 0.01 par value per share, 500,000,000 shares authorized; 100,184,478 and 97,312,040 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively281272
Additional paid-in capital834,900776,690
Accumulated other comprehensive income (loss)(4,242)611
Accumulated deficit(206,021)(138,992)
Total shareholders' equity (deficit)624,918638,581
Total liabilities and shareholders' equity$ 852,625$ 852,528