Technical Analysis
JFrog's stock has shown strong momentum recently, with the price rising from $37.71 to $45.01 over the past two weeks. The stock is trading above both its 5-day moving average of $37.18 and 20-day moving average of $37.36, indicating a bullish short-term trend.
Fundamental Catalysts
The recent surge was driven by strong Q4 2024 earnings results announced on February 14, 2025:
- EPS of $0.19 beat estimates of $0.14
- Revenue of $116.08M beat estimates of $114.19M
- Q1 2025 guidance: Revenue $116-118M, EPS $0.15-0.17
- FY2025 guidance: Revenue $499-503M, EPS $0.67-0.69
Analyst Sentiment
Multiple analysts raised their price targets following earnings:
- Needham: $46 (from $39)
- Canaccord Genuity: $45 (from $38)
- Morgan Stanley: $44 (from $36)
Price Prediction for Next Week (March 4-8)
Based on technical indicators and recent momentum:
- Support levels: $43.79 (Feb 28 low)
- Resistance levels: $45.40 (March 1 high)
- RSI at 51.07 indicates neutral momentum
- MACD showing slight bearish divergence
Target Price Range:
- Bullish case ($47-48): Continued momentum from earnings beat
- Base case ($44-46): Consolidation near current levels
- Bearish case ($42-43): Profit taking after recent rally
Recommendation: HOLD
The stock appears fairly valued after the recent 14% post-earnings rally. While long-term fundamentals remain strong with growing AI/ML adoption driving demand, the risk/reward is balanced at current levels. Consider taking profits on strength above $46 or adding on pullbacks to $42-43 support.
Technical Analysis
JFrog's stock has shown strong momentum recently, with the price rising from $37.71 to $45.01 over the past two weeks. The stock is trading above both its 5-day moving average of $37.18 and 20-day moving average of $37.36, indicating a bullish short-term trend.
Fundamental Catalysts
The recent surge was driven by strong Q4 2024 earnings results announced on February 14, 2025:
- EPS of $0.19 beat estimates of $0.14
- Revenue of $116.08M beat estimates of $114.19M
- Q1 2025 guidance: Revenue $116-118M, EPS $0.15-0.17
- FY2025 guidance: Revenue $499-503M, EPS $0.67-0.69
Analyst Sentiment
Multiple analysts raised their price targets following earnings:
- Needham: $46 (from $39)
- Canaccord Genuity: $45 (from $38)
- Morgan Stanley: $44 (from $36)
Price Prediction for Next Week (March 4-8)
Based on technical indicators and recent momentum:
- Support levels: $43.79 (Feb 28 low)
- Resistance levels: $45.40 (March 1 high)
- RSI at 51.07 indicates neutral momentum
- MACD showing slight bearish divergence
Target Price Range:
- Bullish case ($47-48): Continued momentum from earnings beat
- Base case ($44-46): Consolidation near current levels
- Bearish case ($42-43): Profit taking after recent rally
Recommendation: HOLD
The stock appears fairly valued after the recent 14% post-earnings rally. While long-term fundamentals remain strong with growing AI/ML adoption driving demand, the risk/reward is balanced at current levels. Consider taking profits on strength above $46 or adding on pullbacks to $42-43 support.