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 Nvidia Stock a Buy After Hitting a Seven-Month Low? (Hint: Yes.)

Many investors have been waiting for opportunities to buy into popular artificial intelligence (AI) stocks at a discount, and in recent years, those chances have been rare. But right now, perhaps the highest-quality AI stock globally is on sale. From a business perspective, everything is going right for Nvidia (NVDA +2.87%). As the largest seller

We’ve Witnessed the Stock Market Do This 19 Times in 76 Years, and Equities Have Been Higher One Year Later 100% of the Time

This has shaped up as another stellar year for the iconic Dow Jones Industrial Average (^DJI +0.49%), benchmark S&P 500 (^GSPC +1.31%), and growth-focused Nasdaq Composite (^IXIC +1.60%). The artificial intelligence (AI) infrastructure build-out, better-than-expected corporate earnings, and record S&P 500 share buybacks have collectively lifted all three stock indexes to several new highs. But

Billionaire venture capitalist Vinod Khosla says judge AI by usage, not stock prices

Wall Street wants to know whether AI is a bubble. Most of the worry is about who’s paying for it. The companies leading the build-out are spending faster than their businesses bring in cash. Combined free cash flow for Amazon (AMZN), Alphabet (GOOG, GOOGL), Meta (META), Microsoft (MSFT), and Oracle (ORCL) fell to about minus

Cullen/Frost Bankers, Inc. Primary Exchange Listing will Change to Texas Stock Exchange from New York Stock Exchange

Market Closed – 04:00:02 2026-11-11 pm EST 5-day change 1st Jan Change 157.85 USD -0.20% -1.15% +24.65% Published on 11/11/2026 at 07:20 pm EST S&P Capital IQ Effective November 12, 2026, Cullen/Frost Bankers, Inc. primary exchange listing will change to Texas Stock Exchange from New York Stock Exchange. 07:20pm Cullen/Frost Bankers, Inc. Primary Exchange Listing

Cramer Says Tito’s Refused Costco on Price and Kirkland Made Vodka for Half

Quick Read Jim Cramer says Costco tells suppliers that raise prices it will make a Kirkland version at half the cost, citing Tito’s vodka. Costco’s CFO Gary Millerchip says Kirkland saves members at least 15% to 20% versus national brands with equal or better quality. Sam’s Club grew comparable sales 4.4% excluding fuel, trailing Costco’s

CoreWeave, Fossil Rally as BrightView Shares Plunge

Mumbai, 11 November 2026: US stock markets saw mixed corporate developments on Wednesday, November 11, 2026, as investors reacted to quarterly earnings, revised financial forecasts, acquisition updates and shareholder return announcements. Several companies reported results that exceeded analyst expectations, while others faced pressure from weaker profitability, revenue shortfalls and financial challenges. CoreWeave and Fossil Group

Jiangxi Copper’s Board Approves Proposed Share Buyback Plan

Delayed 08:45:26 2026-11-11 pm EST 5-day change 1st Jan Change 24.02 HKD -1.80% -6.16% -43.89% Published on 11/11/2026 at 07:12 pm EST MT Newswires This article is reserved for our members. Log in to continue Log inCreate an account DurationAuto.2 months3 months6 months9 months1 year2 years5 years10 yearsMax. PeriodDayWeek Jiangxi Copper Co Ltd is a

Prediction: Nvidia Stock Will Be Worth This Much by Year-End 2027

Nvidia‘s stock (NVDA +2.87%) closed at a record high of $239.24 per share on Oct. 6. But today, the AI chipmaker‘s stock trades at about $175. Let’s see what caused that 27% decline — and where Nvidia’s stock might be trading by the end of next year. Why was Nvidia the hottest AI stock? Nvidia

Nov. 13 Could Be a Huge Day for SpaceX Stock

On Friday, Nov. 13, Space Exploration Technologies Corp. (SPCX -2.33%) will try to catch both stages of an orbital rocket — the Super Heavy booster and the Starship upper stage — with the arms of its launch tower in Starbase, Texas. Wall Street is treating Starship Flight 15 like a major event for the stock

Costco’s Regular Dividend Looks Tiny. Its Special Dividends Tell a Different Story

Quick Read Costco’s regular dividend yields just 1%, but irregular specials, like the $15 payout in 2024, dwarf the $5.88 annual regular payout. Walmart pays a steady quarterly dividend and BJ’s pays none, leaving Costco as the only one of the three with a record of special dividends. At 52x earnings, Costco’s stock carries a

Jim Cramer’s Top 5 Dividend Stocks for Safe, Consistent Returns

From 2000 through 2009, dividends earned S&P 500 investors an annualized 1.8%, according to Hartford Funds. Even with those payments, the index posted a negative total return for the decade. Over the longer stretch from 1940 through 2025, Hartford found that dividend income accounted for an average of 33% of the index’s total return. For

Why the S&P 500 Could Be Heading for a Repeat of 2018

If the S&P 500 (^GSPC +1.63%) is able to stay above a 10% gain for the year, it’ll be the fourth consecutive year that it has been able to produce above-average returns. It’s a rare feat. But it’s not common for a reason, as sooner or later, there’s inevitably a pullback. The last time the

Costco (COST) Declares $30 Special Dividend And Reauthorizes $4 Billion Buyback

Costco Wholesale (NasdaqGS:COST) declared a special cash dividend of $30 per share on common stock. The retailer also reauthorized a $4b share repurchase program with an expiration date in January 2030. The one time $30 special dividend and long dated buyback plan matter, but they are only part of the Costco picture. Our analysis turns

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