RBC keeps Buy rating for JFrog stock at USD 118.00

Published on 10/13/2026 at 06:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

RBC's target stayed at USD 118.00 on October 12, 2026. JFrog stock posted USD 163.77 million in Q2 revenue, up 28.70 percent year over year.

RBC maintained a Buy rating and a USD 118.00 target for JFrog on October 12, 2026.
JFrog reported USD 163.77 million in second-quarter 2026 revenue, up 28.70 percent year over year.
The latest Lang & Schwarz quote was EUR 88.77 on October 12, 2026 at 10:59 p.m. CEST.
JFrog is scheduled to report third-quarter 2026 results on November 5, 2026, according to MarketBeat.

FROG, IL0011684185, Illustration mit AI erstellt.

RBC Capital maintained its Buy rating and USD 118.00 price target for JFrog stock on October 12, 2026, according to TipRanks. The target leaves the current analyst debate centered on growth execution and the valuation investors assign to JFrog's software supply-chain platform.

RBC target stays at USD 118

The RBC note kept the Buy view and target unchanged, while TipRanks reported an average analyst target of USD 112.05 and a Strong Buy consensus. The same report said JFrog shares had closed at USD 99.02 on October 12, 2026, providing a separate US-market reference from the euro quotation used in this article.

Revenue growth remains measurable

JFrog generated USD 163.77 million of revenue in the second quarter of 2026, up 28.70 percent from the year-earlier quarter, according to MarketBeat. Adjusted earnings per share reached USD 0.27 versus a USD 0.24 consensus, a USD 0.03 beat, while management set third-quarter 2026 adjusted earnings guidance at USD 0.22-0.24.

The company's second-quarter operating profile also showed a sharper cloud contribution. Its earnings-call transcript reported cloud revenue of USD 87.5 million, up 53.00 percent year over year, and said cloud represented 53.00 percent of total revenue, compared with 45.00 percent in the year-earlier quarter, according to Yahoo Finance.

What comes next for results?

MarketBeat estimates JFrog will report third-quarter 2026 results on November 5, 2026, after the market close, with consensus revenue of USD 165.77 million and earnings per share of USD 0.23. That date gives the next scheduled test for the USD 164.00-166.00 million revenue outlook communicated for the quarter.

Three dated milestones frame the stock

On August 6, 2026, JFrog reported second-quarter revenue of USD 163.77 million and adjusted earnings per share of USD 0.27, according to MarketBeat. On August 7, 2026, Piper Sandler raised its target from USD 65.00 to USD 90.00 while retaining a Neutral rating, as reported by MarketBeat. On October 12, 2026, RBC maintained its Buy rating and USD 118.00 target, according to TipRanks.

Last euro quote and investor context

The latest Lang & Schwarz quote was EUR 88.77 on October 12, 2026 at 10:59 p.m. CEST. JFrog's market capitalization was USD 12.0 billion as of October 12, 2026, while the Nasdaq listing and FROG ticker identify the US trading reference used by analysts.

The further course of trading is shown by the continuously updated real-time quote of JFrog stock.