Barclays says that it appears JFrog (FROG) raised the price of its DevOps SaaS Enterprise X tier by about 27% on its pricing page, and that it also added an option to purchase additional ML credits at $1.20/credit to its SaaS and Self-Hosted plans. Given prior changes in 2023 having limited impact to results, until the firm hears otherwise, Barclays thinks it is possible JFrog’s pricing changes on its website are for new customers only. The firm has an Overweight rating on the shares with a price target of $48.
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