Cantor Fitzgerald Reiterates Overweight Rating on JFrog (FROG)

Cantor Fitzgerald analyst Jonathan Ruykhaver reiterated an Overweight rating and $38.00 price target on JFrog (NASDAQ: FROG).

The analyst commented, “We reiterate our price target of $38 based on a 2025E EV/Sales target multiple of 7.9x, which compares to its peer-group average of 11.6x. We believe JFrog's valuation will converge toward the peer average in the intermediate term as JFrog looks to improve its execution in artifact management, consolidate on developer security (Xray & Advanced Security), and expand to the edge/IoT with Connect and MLOps.”

For an analyst ratings summary and ratings history on JFrog click here. For more ratings news on JFrog click here.

Shares of JFrog closed at $35.95 yesterday.

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