JFrog Stock Jumps 24% as AI Coding Demand Turns Into Real Cloud Revenue
JFrog shares jumped 23.7% to $70.55 Friday after first-quarter revenue rose 26% to $154.0 million, beating estimates. Adjusted earnings reached 27 cents per share, while cloud revenue surged 50% to $78.9 million. The company raised its 2026 outlook and reported 80 customers with over $1 million in annual recurring revenue, up from 54 a year ago.