Added to YB: 2024-08-13
Pitch date: 2024-08-12
FROG [bullish]
JFrog Ltd.
+165.31%
current return
Author Info
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Company Info
JFrog Ltd. provides software supply chain platform in the United States, Israel, India, and internationally.
Market Cap
$3.3B
Pitch Price
$26.00
Price Target
30.00 (-57%)
Dividend
N/A
EV/EBITDA
-52.11
P/E
-46.07
EV/Sales
6.48
Sector
Software
Category
growth
Show full summary:
$FROG: Opportunity Amidst Market Overreaction?
FROG: Q2 in-line, FY guide cut $4.5M on macro. Rev $103M, 118% NDRR. 42 $1M+ ARR customers (+75% YoY). 50% use full platform. Security rev not significant till 2025. 5.5x 2024 sales. Mid-teens CAGR to $730M rev, 24% FCF margin by 2028. $30 PT. M&A potential provides downside protection. GitHub partnership upside. Risks: standalone viability, security adoption.
Read full article (3 min)