TD Cowen Raises PT on JFrog (FROG) Stock

JFrog Ltd. (NASDAQ:FROG) is one of the Most Promising AI Stocks to Buy and Hold for the Next 2 Years. On June 18, TD Cowen lifted its price objective on the company’s stock to $100 from $80 and maintained a “Buy” rating on the shares. As per the firm, JFrog Ltd. (NASDAQ:FROG) has proved that it has AI tailwinds over the previous year, with coding agents resulting in a strong increase in the amount of software packages.

TD Cowen Raises PT on JFrog (FROG) Stock

Furthermore, the firm believes that such tailwinds are durable and it views significant upside to the cloud estimates. It also anticipates continued strength in JFrog Ltd. (NASDAQ:FROG)’s security business, led by the Curation product. As per the analyst, JFrog Ltd. (NASDAQ:FROG) can sustain premium valuation multiple, considering its growth durability. The firm opines that the company is an AI winner.

In a separate release, Barclays analyst Raimo Lenschow lifted its price objective on the company’s stock to $88 from $75 and maintained an “Overweight” rating. This comes after the company unveiled a plugin for Claude Code.

JFrog Ltd. (NASDAQ:FROG) offers the cloud-native software supply chain platform.

While we acknowledge the risk and potential of FROG as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than FROG and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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