FROG
JFrog Ltd.
FROG's outlook is improving, though it still trails on the overall score.
MU
Micron Technology, Inc.
MU has the edge over FROG overall, supported by stronger valuation and stronger modeled upside.
FROG Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Strong | |
| Unavailable |
FROG's revenue and cash flow are currently healthy, but its profitability is under pressure. There isn't enough data to rate its balance sheet.
MU Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
MU's revenue, profitability, cash flow and balance sheet are all currently strong.
FROG PE Valuation
FROG has no meaningful PE right now: it lost money over the past year.
MU PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 4.6x | $798 | — |
| Cheap | 10x | $777 | -2.7% |
| Current | 11x | $798 | — |
| Fair | 22x | $1,646 | +106% |
| Expensive | 32x | $2,404 | +201% |
Historical ranges are pointers, not guarantees.
MU's PE is in its cheap range at 11x. If earnings grow as analysts expect, today's price would be 4.6x next year's earnings.
FROG Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
Analysts expect strong earnings and revenue growth for FROG, with profitability improving.
MU Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Broad | |
| Moderate |
Analysts expect strong earnings and revenue growth for MU, with profitability improving.
FROG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.24 | — |
| Q3 2026 | -$0.18 | +$0.52 |
| Q2 2026 | -$0.37 | +$0.40 |
| Q1 2026 | -$0.53 | +$0.18 |
| Q4 2025 | -$0.62 | +$0.01 |
| Q3 2025 | -$0.70 | -$0.18 |
| Q2 2025 | -$0.77 | -$0.33 |
| Q1 2025 | -$0.71 | -$0.25 |
| Q4 2024 | -$0.63 | -$0.04 |
FROG is still losing money, but far less than before: $0.18 per share over the past year, against $0.92 at its worst in late 2022.
MU Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $174.95 | +135% |
| Q3 2026 | $74.33 | +879% |
| Q2 2026 | $44.17 | +693% |
| Q1 2026 | $21.18 | +405% |
| Q4 2025 | $10.52 | +201% |
| Q3 2025 | $7.59 | +984% |
| Q2 2025 | $5.57 | +$6.99 |
| Q1 2025 | $4.19 | +$7.64 |
| Q4 2024 | $3.49 | +$9.77 |
MU has the edge over FROG on earnings quality, reporting a profit while its opponent remains loss making.
FROG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $179.2M | +31% |
| Q2 2026 | $163.8M | +29% |
| Q1 2026 | $154M | +26% |
| Q4 2025 | $145.3M | +25% |
| Q3 2025 | $136.9M | +26% |
| Q2 2025 | $127.2M | +23% |
| Q1 2025 | $122.4M | +22% |
| Q4 2024 | $116.1M | +19% |
FROG's revenue has grown year over year every quarter since late 2020: $179M last quarter, up 31% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -1% | +15 points |
| Q2 2026 | -8.1% | +12 points |
| Q1 2026 | -8.4% | +10 points |
| Q4 2025 | -15% | +7.2 points |
| Q3 2025 | -16% | +12 points |
| Q2 2025 | -20% | -1.9 points |
| Q1 2025 | -19% | -2.2 points |
| Q4 2024 | -22% | -6.1 points |
FROG's operating margin was −1% last quarter, up 15 points from the same quarter a year ago, near the top of its range since 2019.
MU Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $54.2B | +379% |
| Q2 2026 | $41.5B | +346% |
| Q1 2026 | $23.9B | +196% |
| Q4 2025 | $13.6B | +57% |
| Q3 2025 | $11.3B | +46% |
| Q2 2025 | $9.3B | +37% |
| Q1 2025 | $8.1B | +38% |
| Q4 2024 | $8.7B | +84% |
MU has the edge over FROG on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 81% | +48 points |
| Q2 2026 | 80% | +57 points |
| Q1 2026 | 68% | +46 points |
| Q4 2025 | 45% | +20 points |
| Q3 2025 | 32% | +13 points |
| Q2 2025 | 23% | +13 points |
| Q1 2025 | 22% | +19 points |
| Q4 2024 | 25% | +49 points |
MU has the edge over FROG on profitability, with a higher operating margin.
FROG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $66.5M | +131% |
| Q2 2026 | $53.7M | +52% |
| Q1 2026 | $37.3M | +32% |
| Q4 2025 | $49.9M | +2.8% |
| Q3 2025 | $28.8M | +7.9% |
| Q2 2025 | $35.5M | +122% |
| Q1 2025 | $28.1M | +69% |
| Q4 2024 | $48.5M | +52% |
FROG has the edge over MU on cash flow, with more consistent year-over-year improvement.
MU Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $32.9B | +45543% |
| Q2 2026 | $17.6B | +951% |
| Q1 2026 | $5.5B | +$5.6B |
| Q4 2025 | $3B | +7853% |
| Q3 2025 | $72M | -75% |
| Q2 2025 | $1.7B | +322% |
| Q1 2025 | -$113M | +$52M |
| Q4 2024 | $38M | +$433M |
MU generated $59B in free cash flow over the past year, more than ten times what it generated the year before.
FROG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +6.3% | +7.6M shares |
| 1 year | +10% | +12.2M shares |
| 3 years | +24% | +25.3M shares |
| 5 years | +35% | +33.8M shares |
| Available history | +61% | +49.2M shares |
FROG has 129M diluted shares, up 10% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2020 | — |
| Q1 2020 | — |
| Q4 2019 | — |
MU Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -2M shares |
| 1 year | +1.6% | +18M shares |
| 3 years | +4.6% | +50M shares |
| 5 years | +0.2% | +2M shares |
| Available history | +1.2% | +14M shares |
MU has the edge over FROG on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $350M |
| Q4 2025 | $300M |
| Q3 2024 | $300M |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
MU has spent almost nothing on buybacks in the past year.
FROG Net Leverage
FROG's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
MU Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.3x | Net Cash |
| Q2 2026 | -0.3x | Net Cash |
| Q1 2026 | -0.1x | Net Cash |
| Q4 2025 | 0.1x | Very low |
| Q3 2025 | 0.3x | Very low |
| Q2 2025 | 0.3x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.6x | Very low |
MU has more cash than debt.
FROG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 62.7 | Neutral |
| Stochastic | 81.5 | Overbought |
FROG's weekly RSI is 63 (neutral) and its Stochastic is 81 (overbought).
MU Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 47.1 | Neutral |
| Stochastic | 26.9 | Neutral |
MU's weekly RSI is 47 (neutral) and its Stochastic is 27 (neutral).
FROG PE vs Technology Sector
FROG has no meaningful PE right now: it lost money over the past year.
MU PE vs Technology Sector
| Metric | MU | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 28x | 61% below |
| PE % | 18 | 35 | 17 pts below |
MU is trading at 11x earnings, a 61% discount to the Technology sector's median of 28x.
FROG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $97.2 | 14% above |
| 20 week MA | $92.8 | 19% above |
| 50 week MA | $72.3 | 53% above |
| 100 week MA | $56.9 | 94% above |
| 200 week MA | $43.4 | 155% above |
FROG has the edge over MU on trend strength, trading above more of its moving averages.
MU Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $914.5 | 13% below |
| 20 week MA | $931.0 | 14% below |
| 50 week MA | $685.9 | 16% above |
| 100 week MA | $405.4 | 97% above |
| 200 week MA | $246.0 | 225% above |
MU has pulled back, but its long-term trend is still up: it's below its 8- and 20-week averages, but 225% above its 200-week average.
FROG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $64.8 | $68.8 | +6.2% |
| 2021 | $68.8 | $30.3 | -56% |
| 2022 | $30.3 | $20.9 | -31% |
| 2023 | $20.9 | $34.6 | +65% |
| 2024 | $34.6 | $29.6 | -15% |
| 2025 | $29.6 | $66.9 | +126% |
| 2026 YTD | $66.9 | $110.6 | +65% |
FROG's yearly returns have swung widely, from +126% in 2025 to −56% in 2021. It's up 65% so far in 2026.
MU Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $54.0 | $70.6 | +31% |
| 2021 | $70.6 | $94.4 | +34% |
| 2022 | $94.4 | $50.2 | -47% |
| 2023 | $50.2 | $85.3 | +70% |
| 2024 | $85.3 | $88.6 | +3.9% |
| 2025 | $88.6 | $284.8 | +221% |
| 2026 YTD | $284.8 | $798.4 | +180% |
MU has the edge over FROG on returns for 2026, with the stronger performance.