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JFrog stock surges 94% in a year amid AI coding boom despite a mid-year crash.

Company Fundamentals
30 Oct 2026, 19:49 WIB
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Bullish
JFrog stock surges 94% in a year amid AI coding boom despite a mid-year crash.

JFrog's stock rose 94% over the past year, driven by strong earnings and growth in cloud revenue linked to AI-generated code demand. After a sharp drop in early 2026, the company posted four consecutive earnings beats, with cloud revenue growth between 42% and 53%. Analysts remain bullish, with price targets above $100, though the stock trades at a high forward earnings multiple, making it vulnerable to any soft quarters. The next key test is Q3 guidance and sustained cloud growth.

JFrog Ltd. shares are currently priced at USD 90.30 on Pluang, down 8.63% for the day as of Oct 31, 2026 00:02 WIB. The stock holds a market cap of $12.19 billion and remains popular with 100% buy order activity on the platform.

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