Jfrog is trading 4.34% up now at $93.36 after RBC Capital Markets initiated coverage on August 26, 2026, with an Outperform rating and a $118 price target.
- RBC highlighted 53% second-quarter cloud revenue growth.
- It cited Jfrogβs software supply-chain security leadership and potential in AI infrastructure.
- The same-day analyst initiation is the clearest company-specific catalyst identified, although the source does not explicitly quantify its impact on the share price.