$FROG

UBS upgraded SolarEdge (SEDG) to Buy with a $42 target, citing FCC benefits. Wolfe upgraded DT Midstream (DTM) to Outperform with a $145 target. Piper upgraded Neogen (NEOG) to Overweight with a $14 target. UBS upgraded Argenx (ARGX) to Buy with a $1,400 target. National Bank upgraded Scotiabank (BNS) to Outperform with a C$142 target. JPMorgan and BofA downgraded Intuit (INTU) to Neutral with a $331 target. Truist downgraded Dick's Sporting (DKS) and Nike (NKE). Wells downgraded GoDaddy (GDDY).

JFrog (FROG) stock rose 11.8% after launching JFrog Traffic Controller, partnering with Zscaler, Cloudflare, and Netskope. RBC initiated coverage with an Outperform rating and $118 price target. Q2 revenue was $163.8M, up 29% YoY, with adjusted EPS of $0.27. The Nasdaq gained 1.4%, supporting the rally.

JFrog Ltd. (NASDAQ:FROG) shares rose 11.7% after launching JFrog Traffic Controller, a network-level security tool integrated with Zscaler, Cloudflare, and Netskope. The solution blocks malicious software packages, addressing a 451% YoY surge in such threats. The tool is available immediately and supports major Secure Access Service Edge providers.

JFrog (FROG) stock rose 3.7% after RBC initiated coverage with an Outperform rating and $118 price target, citing its cloud business growth and AI-era positioning. The company's Q2 2026 revenue grew 28.7% to $163.8M, with adjusted EPS of $0.27, beating estimates. JFrog raised full-year revenue guidance to $650M and adjusted EPS to $0.98. Shares are up 55.8% YTD.

Analysts initiated coverage on several companies: Needham rated Evommune (EVMN) Buy with a $28 target, Daiwa rated ACM Research (ACMR) Buy with a $136 target, Wolfe Research rated Harmony Biosciences (HRMY) Outperform with a $60 target, RBC rated Atlassian (TEAM) Outperform with a $215 target, and RBC rated JFrog (FROG) Outperform with a $118 target.

Wall Street analysts issued upgrades, downgrades, and initiations for several companies. Upgrades include argenx (ARGX) to Buy at UBS, DT Midstream (DTM) to Outperform at Wolfe Research, and SolarEdge (SEDG) to Buy at UBS. Downgrades include Dick's Sporting Goods (DKS) to Hold at Truist, EPAM Systems (EPAM) to Neutral at JPMorgan, and Intuit (INTU) to Neutral at Bank of America. Initiations include Atlassian (TEAM) with Outperform at RBC, JFrog (FROG) with Outperform at RBC, and Lattice Semicond

Simon Frederic sold 120,000 shares of JFrog Ltd (FROG) at an average of $90.86 ($86.67–$95.42, $10.90M total) across 10 trades on 2026-08-13 under a Rule 10b5-1 trading plan.

Landman Yoav (CHIEF TECHNOLOGY OFFICER) sold 45,000 shares of JFrog Ltd (FROG) at an average of $90.86 ($86.63–$95.29, $4.09M total) across 10 trades on 2026-08-13 under a Rule 10b5-1 trading plan.

JFrog reported Q2 revenue of $163.8M, above the $155.6M estimate, and adjusted EPS of $0.27 vs $0.24. The company raised full-year guidance to $650M revenue and $0.98 adjusted EPS at the midpoint. Management cited AI-driven cloud adoption and higher security demand. JFrog (FROG) also reported 1,291 customers and 121% net revenue retention.

JFrog (FROG) reported Q2 2026 revenue of $163.8M, up 29% YoY, above guidance. Cloud revenue rose 53% to $87.5M and was 53% of total revenue. Net dollar retention was 121% (trailing four quarters) and free cash flow was $53.8M. JFrog raised full-year 2026 cloud growth to 41%–43% and revenue guidance to $648M–$652M.