Here’s Why JFrog Ltd (FROG) Price Target Was Raised To $78 by Baird

JFrog Ltd. (NASDAQ:FROG) is 1 of the 12 champion mid headdress AI stocks to bargain according to hedge funds. On February 8, Robert W. Baird expert Shrenik Kothari reaffirmed a Buy standing connected JFrog Ltd. (NASDAQ:FROG) portion expanding the firm’s terms people connected the banal from $70 to $78. He cited the company’s beardown maturation illustration and blimpish guidance. According to the analyst, existent Wall Street expectations are modest, projecting mid-teens full gross maturation and high-20s to low-30s unreality growth. He noted that usage continues to transcend minimum commitments, portion management’s outlook does not afloat bespeak the imaginable upside from usage overages, ample unreality migrations, and emerging AI demand.

In summation to Robert W. Baird, Bank of America Securities maintained a Buy standing connected JFrog Ltd. (NASDAQ:FROG) and acceptable a $74 terms people connected February 6. The steadfast said that the institution is expected to beryllium among the archetypal endeavor bundle stocks to rebound erstwhile the SaaSpocalypse comes to an end. According to the analyst, the concern lawsuit for JFrog Ltd. (NASDAQ:FROG) is straightforward. He said that the accrued adoption of AI generates much binaries, which straight benefits the company.

The BofA expert highlighted:

”JFrog is an AI beneficiary. Why? AI is creating much codification and much risks…this we are certain. That codification needs to beryllium transformed into thing a instrumentality tin use, which are binaries. JFrog is the starring instrumentality that helps enterprises negociate the organisation of binaries (i.e., the proviso concatenation of software) and the mitigation of the risks associated with them (i.e., atrocious code, hackers and more). This is driving higher usage of JFrog, which tin beryllium seen successful the accelerating maturation successful Cloud gross (+50% y/y successful 3Q25, up from +45% successful 2Q25).”

JFrog Ltd. (NASDAQ:FROG) provides a proviso concatenation level crossed Israel, the United States, India, and worldwide. It provides JFrog Artifactory, JFrog Xray, JFrog Advanced Security, and JFrog Runtime Security, arsenic good arsenic JFrog ML,  JFrog Distribution, and JFrog Connect. The institution serves fiscal services, healthcare, technology, retail, and telecommunications organizations.

While we admit the imaginable of FROG arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.