Morgan Stanley Maintains Equal-Weight on JFrog, Lowers Price Target to $40
Morgan Stanley analyst Sanjit Singh maintains JFrog (NASDAQ:FROG) with a Equal-Weight and lowers the price target from $63 to $40.
Oppenheimer Maintains Outperform on JFrog, Lowers Price Target to $55
Oppenheimer maintains JFrog (NASDAQ:FROG) with a Outperform and lowers the price target from $61 to $55.
Needham Maintains Buy on JFrog, Lowers Price Target to $66
Needham analyst Jack Andrews maintains JFrog (NASDAQ:FROG) with a Buy and lowers the price target from $86 to $66.
JFrog Sees Q3 Adj. EPS $(0.04)-$(0.03) vs $0.01 Est., Sales $52M-$53M vs $51.7M Est.; Sees FY21 Adj. EPS $(0.05)-$(0.04) vs $0.06 Est., Sales $202M-$205M vs $201.73M Est.
Third Quarter and Full Year 2021 Outlook
Third Quarter 2021 Outlook:
Revenue between $52 million and $53 million
Non-GAAP operating loss
JFrog Q2 Adj. EPS $0.01, Inline, Sales $48.66M Beat $48.17M Estimate
JFrog (NASDAQ:FROG) reported quarterly earnings of $0.01 per share which met the analyst consensus estimate. The company reported quarterly sales of $48.66 million which beat the analyst consensus estimate of $48.17
Earnings Scheduled For August 5, 2021
Companies Reporting Before The Bell
• OneSpaWorld Holdings (NASDAQ:OSW) is projected to report quarterly loss at $0.20 per share on revenue of $6.42 million.