They didn't blow away their numbers. You have to when expectations are so high (this is a speculative stock). Even Adobe blew away numbers last night, but sold off today.
IPO'd today. Likes it. It was priced at $44, opened at $71, pulled back to $51 and closed at $64.79. FROG is a cloud platform for development operations (dev ops) which means it allows engineers to collaborate between departments within a company. They bridge between the development and operation teams. FROG customers include Facebook, Spotify, Google, Netflix, Cisco, Oracle and Dell. It boasted 65% revenue growth in 2019 and 50% the first half of this year, based on recurring subscription revenue for its services. First half this year came within $500K to break even, so debt is lowering. He expects them to be profitable in 2021. Has a lot going for it, but its valuation is already at nosebleed levels. A great stock, but too high already.
JFrog Ltd. is a American stock, trading under the symbol FROG-Q on the NASDAQ (FROG). It is usually referred to as NASDAQ:FROG or FROG-Q
In the last year, 1 stock analyst published opinions about FROG-Q. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for JFrog Ltd..
JFrog Ltd. was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for JFrog Ltd..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered JFrog Ltd. In the last year. It is a trending stock that is worth watching.
On 2024-11-04, JFrog Ltd. (FROG-Q) stock closed at a price of $29.84.
Too expensive. Would sell at current valuation.