1125 N. Charles St, Baltimore, MD 21201. Get detailed information on JFrog stock (NASDAQ: FROG), including today’s stock quote, real-time price, news, financials, charts and more. Wait for a Pullback Before Leaping Into JFrog Stock. In the case of FROG stock, that lockup date ends six months from the IPO date.
You can say this is the right company, at the right time. While valuations haven’t been a major concern now, they could be more of an issue in the coming months. That’s not to say there’s a big tech correction on the horizon. Article printed from InvestorPlace Media, https://investorplace.com/moneywire/2020/10/wait-for-a-pullback-before-leaping-into-frog-stock/. As we saw with last month’s tech stock declines last month, frothy multiples could be cooling interest in tech stocks among investors. The JFrog Platform is used by some of the largest enterprises in the world to streamline and accelerate their delivery. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Shop Now!
You can’t time such a move.
A few things come to mind. JFrog is trusted by more than 5,800 customers, with top global brands depending on JFrog to manage their software packages for mission-critical applications. Far from it. * JFrog Pipelines, a next-generation CI/CD solution for both traditional and cloud-native applications.
It’s all a matter of entering a position at a reasonable price. InvestorPlace - Stock Market News, Stock Advice & Trading Tips. Firstly, this company has strong exposure to the cloud megatrend. Is it time to buy recent IPO JFrog (NASDAQ:FROG)? Copyright © Long-term, I see big opportunity here. Wait for the next big pullback before leaping into FROG stock. JFrog (NASDAQ:FROG) is one of the latest tech stocks to begin publicly trading.Better still, JFrog is a software-as-a-service … But, instead of being a cloud services provider, the company is finding its niche in a middleman role. Learn more at jfrog.com.Contact: JFrog@bocacommunications.com A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/95c8fffa-be43-40f2-bd8f-f43500b74d73, Tip: Try a valid symbol or a specific company name for relevant results, India markets close in 3 hours 46 minutes, NasdaqGS - NasdaqGS Real Time Price. How so? But, given the factors at play, an additional selloff seems inevitable.
Around 50.3x. Firstly, the IPO lockup expiration. Even when taking into account the company’s recent growth rate (50%). Click here to see what Matt has up his sleeve now, Matt McCall and the InvestorPlace Research Staff, 5 Keys to Find Small Stocks With 10X Potential, Don’t Miss This Chance for Life-Changing Profits With Small High-Growth Stocks, Despite 2020’s Wild Ride, Kodak May Have More Downside Ahead, Every Investor Should Own at Least Some of These Stocks, What Square’s $50 Million Bitcoin Investment Means for You, This Bill Gates-Backed Company Is Making Big Waves in the Battery World, 5G Stocks: This New Era of Massive Profits Just Began. When will this happen? JFrog products are available as open-source, self-managed, and SaaS services on AWS, Microsoft Azure, and Google Cloud. As I discussed previously, updates are much more continuous now that software hosting is moving from local disks to the cloud. SUNNYVALE, Calif., Oct. 14, 2020 (GLOBE NEWSWIRE) -- JFrog Ltd. (“JFrog”) (NASDAQ: FROG), the liquid software company, today announced that it will report financial results for the third quarter of fiscal year 2020 on Wednesday, November 4, 2020 after the market close. spend of $399! Add in the many factors that could fuel further near-term declines, and it’s clear now’s not the most opportune time to buy. But, taking a look at earnings and sales multiples, its valuation looks a bit too rich. SUNNYVALE, Calif., Oct. 13, 2020 (GLOBE NEWSWIRE) -- JFrog, the liquid software company, today announced the general availability of a free subscription of its universal, hybrid and multi-cloud DevOps Platform, including industry-leading DevSecOps capabilities offered at no cost. With this in mind, it’s no surprise JFrog has delivered such high (50%) growth numbers as of late. What will drive an additional pullback? Not quite. Find the latest JFrog Ltd. (FROG) stock quote, history, news and other vital information to help you with your stock trading and investing. "The community deserves a solution that provides the combination of best-of-breed experience built into an end-to-end platform for all DevOps and DevSecOps needs. Development teams can accelerate delivery with universal package management, DevSecOps tools and cloud-native CI/CD solutions across major cloud providers The JFrog Platform Free Subscription JFrog launches a free subscription to its Multi-Cloud DevOps platform with built-in open source security scanning. Get the latest JFrog Ltd. (FROG) stock news and headlines to help you in your trading and investing decisions. quotes delayed at least 15 minutes, all others at least 20 minutes. But consider any sort of pullback prime time to buy. With public offerings, insiders cannot sell shares until the “lockup period” expires. With corporate America pivoting towards cloud-based software-as-a-service (SaaS) for their business needs, this company’s solutions are more important than ever. We and our partners will store and/or access information on your device through the use of cookies and similar technologies, to display personalised ads and content, for ad and content measurement, audience insights and product development.
1125 N. Charles St, Baltimore, MD 21201.
No need to worry about package types, security threats or user limit hassles - it’s just a simple, yet powerful and free DevOps solution,” said Shlomi Ben Haim, CEO at JFrog. Why? Currency in USD, COURTS Mega October Sale: Just 3 days Left. 2020 InvestorPlace Media, LLC. Get some much-needed retail therapy with COURTS Mega October Sale.
You can change your choices at any time by visiting Your Privacy Controls. Shares today change hands at a staggering price-to-earnings (P/E) ratio of 600x. And, with such high levels of growth, investors were chomping at the bit to buy the stock once it went public on Sept. 16. Copyright © 2020 InvestorPlace Media, LLC. In other words, insiders can start cashing in next March. But, that’s not all!
Yet, at today’s valuation, shares still look richly priced. Even when factoring in projected growth between 2020 and 2021 (37%), you can argue this stock has gotten ahead of itself. With his next-generation approach to investing, Matt McCall finds better stocks for you to invest in — not the same old companies over-hyped on Wall Street. Don’t take that to mean I’m bearish. JFrog has offices across North America, Europe, and Asia. * JFrog Xray, enabling DevSecOps with the industry-leading SaaS solution for OSS vulnerability scanning.
But, with shares still up over 77% from their offering price, I’m taking my time. I know you’re wondering, “there’s five months until then, couldn’t shares hold steady or head higher in the meantime?” Not quite. All rights reserved. Sure, the situation here with this software update tools provider looks interesting. © 2020 Verizon Media. Lower prices may offer a much more better long-term entry point. At first glance, it’s hard to see why this stock, and the growth story behind it, would head lower in the near-term. Available on all major public cloud providers—AWS, Microsoft Azure, and Google Cloud Platform— and across 18 cloud regions, the free subscription of the JFrog Platform includes: * JFrog Artifactory, a universal software package (binary) management solution and enterprise container registry in one, supporting more than 26 technologies.