Here’s Why JFrog Ltd (FROG) Price Target Was Raised To $78 by Baird

JFrog Ltd. (NASDAQ:FROG) is one of the 12 best mid cap AI stocks to buy according to hedge funds. On February 8, Robert W. Baird analyst Shrenik Kothari reaffirmed a Buy rating on JFrog Ltd. (NASDAQ:FROG) while increasing the firm’s price target on the stock from $70 to $78. He cited the company’s strong growth profile and conservative guidance. According to the analyst, current Wall Street expectations are modest, projecting mid-teens total revenue growth and high-20s to low-30s cloud growth. He noted that usage continues to exceed minimum commitments, while management’s outlook does not fully reflect the potential upside from usage overages, large cloud migrations, and emerging AI demand.

Is JFrog Ltd. (FROG) the Unstoppable Growth Stock to Invest in Now?

In addition to Robert W. Baird, Bank of America Securities maintained a Buy rating on JFrog Ltd. (NASDAQ:FROG) and set a $74 price target on February 6. The firm said that the company is expected to be among the first enterprise software stocks to rebound once the SaaSpocalypse comes to an end. According to the analyst, the investment case for JFrog Ltd. (NASDAQ:FROG) is straightforward. He said that the increased adoption of AI generates more binaries, which directly benefits the company.

The BofA analyst highlighted:

”JFrog is an AI beneficiary. Why? AI is creating more code and more risks…this we are certain. That code needs to be transformed into something a machine can use, which are binaries. JFrog is the leading tool that helps enterprises manage the distribution of binaries (i.e., the supply chain of software) and the mitigation of the risks associated with them (i.e., bad code, hackers and more). This is driving higher usage of JFrog, which can be seen in the accelerating growth in Cloud revenue (+50% y/y in 3Q25, up from +45% in 2Q25).”

JFrog Ltd. (NASDAQ:FROG) provides a supply chain platform across Israel, the United States, India, and worldwide. It provides JFrog Artifactory, JFrog Xray, JFrog Advanced Security, and JFrog Runtime Security, as well as JFrog ML,  JFrog Distribution, and JFrog Connect. The company serves financial services, healthcare, technology, retail, and telecommunications organizations.

While we acknowledge the potential of FROG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT:  Cathie Wood’s Stock Portfolio: Top 10 Stocks to Buy and 30 Most Fantastic Stocks Every Investor Should Pay Attention To.

Disclosure: None. This article is originally published at Insider Monkey.

Source link

Visited 1 times, 1 visit(s) today

Related Article

Is Wall Street Wrong About Amazon Stock?

Shares of the technology giant have dipped after a massive spending push related to artificial intelligence. Investors know Amazon (AMZN 0.41%) as one of the best-performing stocks of the 21st century. However, the trillion-dollar technology giant has actually severely underperformed the stock market indexes in recent years. Amazon stock is up just 22% cumulatively in

If a Stock Market Crash Is Coming, This 1 Investing Move Is Critical Right Now

Here’s exactly how to protect your portfolio against market volatility. Stock prices have been stumbling in recent weeks, and investors have mixed feelings about the future of the market. While 38.5% of investors feel optimistic about the next six months, according to the most recent weekly survey from the American Association of Individual Investors, 38.1% worry

1 Powerhouse Growth Stock I’d Happily Hold Through Any Market Crash

Given the importance of the AI buildout, Broadcom’s semiconductor chips make the stock a top pick under any economic conditions. Stock market crashes rattle most investors, as they are the ultimate tests of patience and willpower. Some people abandon high-quality companies if they drop by 10%, only to regret that decision when those same corporations

3 Tech Stocks With More Potential Than Any Cryptocurrency

These stocks have a lot of upside — and much less downside risk than the crypto market. The problem (or the opportunity, depending on your point of view) with cryptocurrencies is their massive volatility. Because most cryptocurrencies lack a fundamental valuation floor or metrics like stocks — price-to-earnings ratio or cash flow, for instance —

This Growth Stock Continues to Crush the Market

Palantir stock has been on a huge run the past few years. Growth stocks helped lead the market higher for much of the past two decades. One of the hottest growth stocks of the past few years has been Palantir Technologies (PLTR +1.77%). The stock more than doubled for three straight years from 2023 through

2 Unstoppable Dividend Stocks to Buy If There’s a Stock Market Sell-Off

These two stocks have historically zigged when the market has zagged. A survey last fall by Natixis Investment Managers found that 74% of institutional money managers expect a market correction in 2026. They cited various reasons, from the tech bubble bursting to geopolitics and macroeconomic factors. Currently, the Nasdaq Composite is hovering around even year

IBM Expands AI Focused Hiring As Shares Trade Below Valuation Estimates

Make better investment decisions with Simply Wall St’s easy, visual tools that give you a competitive edge. IBM (NYSE:IBM) is tripling entry level hiring in the US, with a focus on AI fluency and durable skills. The company is redesigning entry level roles to emphasize customer engagement and work that is less exposed to automation

Where Will Nvidia Be in 3 Years?

Don’t expect the same share price returns of the past three years, but more good times could still be ahead for Nvidia. The past three years have been phenomenal for Nvidia (NVDA 2.21%) shareholders. The company’s stock gained 791% as tech giants invested hundreds of billions of dollars in building data centers for artificial intelligence

The Catch-22 Behind Amazon’s Big AI Spending Plans

Most investors aren’t fans of the plan, but they’d dislike the outcome of the alternative even more. Given the stock’s sizable price drop immediately following the announcement, it’s clear that most investors aren’t big fans of Amazon‘s (AMZN 0.41%) 2026 spending plans. The e-commerce giant said it plans to earmark $200 billion for capital expenditures,

Down 22% in 6 Months, Is Microsoft Stock a Buy?

Don’t count the tech giant out yet. After performing well for the first six months or so of 2025, shares of Microsoft (MSFT 0.13%) started moving in the wrong direction in the second half of the year. And the company has shown no signs of a rebound so far in 2026. Microsoft’s shares are down by

Market Crash: 3 Stocks I’d Buy Without Hesitation

Market crashes happen, but when they do they should be seen as an opportunity to buy some great stocks at a discount. In the immortal words of Warren Buffett: “Be fearful when others are greedy and greedy when others are fearful.” Put more succinctly, buy the dip. Over the long term, the American stock market

I Predicted That Oracle and Netflix Would Join Nvidia, Alphabet, Apple, Microsoft, Amazon, Broadcom, Meta Platforms, and Tesla in the $1 Trillion Club by 2030. Here’s Why That Forecast Is Being Tested in 2026.

The sell-off in Oracle and Netflix is making aspirations to join the $1 trillion club increasingly distant. In August, I predicted that Netflix (NFLX +1.28%) and Oracle (ORCL +2.38%) would reach at least $1 trillion in market capitalization by 2030. But Netflix is down 38.6% from its 52-week high at the time of this writing,

2 Dirt Cheap Stocks to Buy With $1,000 Right Now

Nvidia and Micron Technology are real bargains right now. The market is trading near its all-time highs, but there are still some very inexpensive stocks out there for consideration by long-term investors. Here are two that investors can dip their toes into with a $1,000 investment. Nvidia Nvidia (NVDA 2.21%) has gone from a stock

Prediction: Sandisk’s Stock Price Will Hit This Level by the End of 2026

Sandisk’s red-hot stock market rally seems here to stay thanks to the favorable dynamics of the flash storage market. Sandisk (SNDK 0.72%) has set the stock market on fire in 2026, rising an incredible 166% as of this writing, thanks to red-hot demand for the company’s flash memory storage solutions used in a variety of

Got $500? 2 Pharma Stocks to Buy and Hold Forever.

Healthcare industry stocks are traditionally good hedges against technology and other growth stocks, because they tend to perform well when the larger stock markets do not. But it depends on which industry. In the pharmaceutical or biotech industries, for example, some stocks tend to behave more like growth stocks. A nice feature of investing in

Has the 2026 stock market crash already begun?

Image source: Getty Images It would be easy to think a stock market crash looks a million miles away. Only two days ago (11 February), the FTSE 100 broke past the 10,450 mark to set another all-time high. The S&P 500 climbed to within a hair of its own record high around the 7,000 mark.

Will the Stock Market Crash in 2026? Here’s What the Data Suggests Will Happen.

The S&P 500 Shiller CAPE ratio is hovering near its highest levels since the dot-com bubble. The last three years have been quite pleasant for growth investors. Thanks to advances in artificial intelligence (AI), the technology sector has witnessed a once-in-a-generation boom that’s spread to other industries across energy, industrials, utilities, and more. As such,

Got $1,000? 2 Top Growth Stocks to Buy That Could Double Your Money.

These fast-growing companies are trading at attractive valuations and have the potential to deliver significant upside for investors. Buying fast-growing companies and holding their shares for the long run can help investors achieve market-beating returns. That’s because growth stocks represent those companies capable of increasing their revenue and earnings at a faster pace than the

0
Would love your thoughts, please comment.x
()
x