FROG
JFrogDNasdaq / Software & Services
Last Price
At close
2026-07-20
Current thesis
The post-earnings bull case is a beat-and-raise software setup with more company-specific evidence than a normal reporting cadence: stronger cloud growth, improving large-customer counts, 120% net retention, higher FY2026 guidance, and dated March AI governance launches around MCP Registry and Agent Skills Registry. The immediate market reaction supports the idea that investors were underestimating the quarter.
Posture
Defensive
Lead driver
Momentum
What changed
Momentum remains the lead driver in the composite, 7D delta -1.5.
What can break
GAAP profitability remains negative despite strong non-GAAP margins, leaving room for quality-of-earnings debate if growth slows.
Momentum
95
Value
41
Sentiment
21
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $69.00 · Bull $78.00 · Bear $56.00
Data freshness
Prices
As of 2026-07-20
Fundamentals
As of 2026-07-21 • Vendor: Data Vendor v1
Scores
As of 2026-07-20 • Model: HYBRID_IC_RP
AI Memo
As of 2026-05-09 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-07-20
Investment thesis
As of 2026-07-20
Supporting evidence
What
Grade D · Defensive
Confidence Medium · Net Neutral
Target $88.38
Why
Momentum95 · Δ7d -1.5
Value41 · Δ7d -0.1
Sentiment21 · Δ7d -0.4
So what
Weak posture (Net Neutral). Prioritize risk control and patience.
Lead driver: Momentum · See technicals
Momentum
95
26% active weight
Current posture
7d trendFlat
Δ7d
-1.5
Δ21d
+0.2
Value
41
39% active weight
Current posture
7d trendFlat
Δ7d
-0.1
Δ21d
+0.1
Sentiment
21
34% active weight
Current posture
7d trendFlat
Δ7d
-0.4
Δ21d
-2.4
Why this grade
Composite grade D. Momentum 95.3 / Value 40.8 / Sentiment 20.8
Fundamentals (TTM)As of 2026-07-21
Fundamentals (TTM)
As of 2026-07-21
Market Cap
$10.48B
Beta
1.14
Shares Out
121.12M
P/E (TTM) · Derived
-140.0
P/S (TTM)
13.86
P/FCF (TTM)
49.43
Rev YoY
+25.8%
EPS YoY
-57.8%
Gross Margin
+77.0%
Op Margin
-19.1%
Net Debt
-$692.67M
Current Ratio
2.20
As of 2026-07-20 • Updated nightlySource: Internal modelMethodology