Should I buy or sell Freshworks stock right now?

18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Freshworks in the last year. There are currently 5 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" FRSH shares. View FRSH analyst ratings or view top-rated stocks .

What is Freshworks' stock price target for 2024?

18 equities research analysts have issued 1-year price targets for Freshworks' shares. Their FRSH share price targets range from $20.00 to $30.00. On average, they predict the company's stock price to reach $25.00 in the next year. This suggests a possible upside of 41.6% from the stock's current price. View analysts price targets for FRSH or view top-rated stocks among Wall Street analysts .

How have FRSH shares performed in 2024?

Freshworks' stock was trading at $23.49 on January 1st, 2024. Since then, FRSH stock has decreased by 24.9% and is now trading at $17.65. View the best growth stocks for 2024 here .

Are investors shorting Freshworks?

Freshworks saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 11,710,000 shares, an increase of 10.6% from the March 15th total of 10,590,000 shares. Based on an average trading volume of 2,570,000 shares, the short-interest ratio is currently 4.6 days. Approximately 6.9% of the shares of the company are sold short. View Freshworks' Short Interest .

When is Freshworks' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our FRSH earnings forecast .

How can I listen to Freshworks' earnings call?

Freshworks will be holding an earnings conference call on Wednesday, May 1st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link .

How were Freshworks' earnings last quarter?

Freshworks Inc. (NASDAQ:FRSH) announced its quarterly earnings results on Tuesday, February, 6th. The company reported ($0.09) EPS for the quarter, beating the consensus estimate of ($0.13) by $0.04. The firm earned $160.11 million during the quarter, compared to the consensus estimate of $158.11 million. Freshworks had a negative net margin of 23.04% and a negative trailing twelve-month return on equity of 12.55%.

What ETFs hold Freshworks' stock?

ETFs with the largest weight of Freshworks (NASDAQ:FRSH) stock in their portfolio include Global X Cloud Computing ETF (CLOU) , India Internet & Ecommerce ETF (INQQ) , WisdomTree Cloud Computing Fund (WCLD) , FMQQ The Next Frontier Internet & Ecommerce ETF (FMQQ) , Renaissance IPO ETF (IPO) , Innovator IBD 50 ETF (FFTY) , First Trust Small Cap Growth AlphaDEX Fund (FYC) and Direxion Daily Cloud Computing Bull 2x (CLDL) .

What guidance has Freshworks issued on next quarter's earnings?

Freshworks issued an update on its first quarter 2024 earnings guidance on Tuesday, February, 6th. The company provided earnings per share guidance of 0.070-0.080 for the period, compared to the consensus EPS estimate of 0.060. The company issued revenue guidance of $162.5 million-$164.5 million, compared to the consensus revenue estimate of $163.2 million.

What other stocks do shareholders of Freshworks own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Freshworks investors own include Lumentum (LITE) , Masco (MAS) , Qorvo (QRVO) , Esperion Therapeutics (ESPR) , CVR Refining (CVRR) , Walt Disney (DIS) , Howard Hughes (HHC) , Kinder Morgan (KMI) , Tesla (TSLA) and Boeing (BA) .

When did Freshworks IPO?

Freshworks (FRSH) raised $855 million in an IPO on Wednesday, September 22nd 2021. The company issued 28,500,000 shares at $28.00-$32.00 per share.

Who are Freshworks' major shareholders?

Freshworks' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Renaissance Capital LLC (0.04%), Diversified Trust Co (0.02%), Catalyst Private Wealth LLC (0.01%), IMC Chicago LLC (0.00%), Allspring Global Investments Holdings LLC (0.00%) and Steph & Co. (0.00%). Insiders that own company stock include Barry L Padgett , Capitalg 2014 Lp, Jennifer H Taylor , Johanna Flower , Jose Morales , Leaders 3 Gp Associates Accel, Pradeep Rathinam , Randy Gottfried , Rathnagirish Mathrubootham , Roxanne S Austin , Sameer K Gandhi , Sequoia Capital India V Ltd, Srinivasagopalan Ramamurthy , Stacey Epstein , Tyler Sloat , Westbridge Crossover Fund, Llc and Zachary Nelson . View institutional ownership trends .

How do I buy shares of Freshworks?

Shares of FRSH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:FRSH

Freshworks (FRSH) Stock Price, News & Analysis

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$17.65

-0.04 (-0.23%)

(As of 04/18/2024 ET)

Compare

Today's Range: $17.54
▼
$17.97
50-Day Range: $17.10
▼
$21.71
52-Week Range: $12.22
▼
$24.98

Volume: 2.36 million shs
Average Volume: 2.54 million shs
Market Capitalization: $5.26 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $25.00

Get Freshworks alerts:

Freshworks MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.72 Rating Score
Upside/Downside: 41.6% Upside
$25.00 Price Target
Short Interest: Bearish
6.90% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.70
Based on 11 Articles This Week
Insider Trading: Selling Shares
$9.41 M Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.37) to ($0.24) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.36 out of 5 stars

Computer And Technology Sector

357th out of 590 stocks

Prepackaged Software Industry

121st out of 190 stocks

3.4

Analyst's Opinion

Consensus Rating
Freshworks has received a consensus rating of Moderate Buy. The company's average rating score is 2.72, and is based on 13 buy ratings, 5 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Freshworks has only been the subject of 4 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
6.90% of the float of Freshworks has been sold short.
Short Interest Ratio / Days to Cover
Freshworks has a short interest ratio ("days to cover") of 4.6.
Change versus previous month
Short interest in Freshworks has recently increased by 10.58%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Freshworks does not currently pay a dividend.
Dividend Growth
Freshworks does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for FRSH.

2.6

News and Social Media Coverage

News Sentiment
Freshworks has a news sentiment score of 0.70. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 11 news articles for Freshworks this week, compared to 5 articles on an average week.
Search Interest
Only 1 people have searched for FRSH on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
Only 4 people have added Freshworks to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% compared to the previous 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Freshworks insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $9,408,403.00 in company stock.
Percentage Held by Insiders
26.66% of the stock of Freshworks is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
75.58% of the stock of Freshworks is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Freshworks are expected to grow in the coming year, from ($0.37) to ($0.24) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Freshworks is -37.55, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Freshworks is -37.55, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Freshworks has a P/B Ratio of 4.89. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Freshworks Stock (NASDAQ:FRSH)

Freshworks Inc., a software development company, provides software-as-a-service products worldwide. It offers Freshworks Customer Service Suite, which provides automated, personalized self-service on various channels, including web, chat, mobile messaging, email, and social; Freshdesk, a ticketing-centric customer service solution; Freshsuccess, a customer success solution; and Freshchat that provides agents with a modern conversational experience to proactively engage customers across digital messaging channels. The company also provides Freshsales, an advanced and user-friendly sales automation solution; Freshmarketer, a marketing automation solution for businesses to redefine their marketing strategies; Freshsales Suite, which offers businesses a unified platform that facilitates cohesive engagement and detailed tracking of customers throughout their entire buying journey; Freshservice that offers virtual agents to help employees resolve issues, make requests, and answer questions without contacting the service desk; and Freshservice for Business Teams, which provides a unified employee service experience while ensuring the secure separation of departmental data. In addition, it offers Freshping to monitor website's availability and get multichannel alerts if the website goes down; Freshstatus, which allows businesses to create a custom branded website status page for internal or external viewing to communicate website uptime and availability; and Freshsurvey to measure net promoter scores and other satisfaction metrics directly within Freshworks products. The company was formerly known as Freshdesk Inc. and changed its name to Freshworks Inc. in June 2017. Freshworks Inc. was incorporated in 2010 and is headquartered in San Mateo, California.

FRSH Stock Price History

30 days | 90 days | 365 days | Advanced Chart

FRSH Stock News Headlines

April 11, 2024 | insidertrades.com

Jennifer H. Taylor Sells 7,035 Shares of Freshworks Inc. (NASDAQ:FRSH) Stock

April 2, 2024 | insidertrades.com

Freshworks Inc. (NASDAQ:FRSH) Director Barry L. Padgett Sells 780 Shares

April 19, 2024 | TradeSmith (Ad)

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April 19, 2024 | americanbankingnews.com

Freshworks (NASDAQ:FRSH) PT Lowered to $22.00

April 17, 2024 | nasdaq.com

Validea Detailed Fundamental Analysis - FRSH

April 17, 2024 | americanbankingnews.com

Short Interest in Freshworks Inc. (NASDAQ:FRSH) Grows By 10.6%

April 17, 2024 | americanbankingnews.com

Freshworks Inc. (NASDAQ:FRSH) Given Consensus Recommendation of "Moderate Buy" by Brokerages

April 12, 2024 | investing.com

Freshworks director sells over $127k in company stock

April 19, 2024 | TradeSmith (Ad)

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Why Freshworks Inc. (NASDAQ:FRSH) Could Be Worth Watching

April 12, 2024 | americanbankingnews.com

Freshworks Inc. (NASDAQ:FRSH) Director Jennifer H. Taylor Sells 7,035 Shares

April 8, 2024 | finance.yahoo.com

Freshworks to Announce First Quarter 2024 Financial Results on May 1, 2024

March 20, 2024 | finanznachrichten.de

Freshworks Inc: Porsche eBike Performance Accelerates IT Efficiency with Freshworks' AI-Powered Enterprise Software

March 20, 2024 | finance.yahoo.com

Porsche eBike Performance Accelerates IT Efficiency with Freshworks’ AI-Powered Enterprise Software

March 20, 2024 | globenewswire.com

Porsche eBike Performance Accelerates IT Efficiency with Freshworks' AI-Powered Enterprise Software

March 19, 2024 | investorplace.com

3 Unloved Software Stocks That Could Rebound 1,000%

March 16, 2024 | finance.yahoo.com

Are Investors Undervaluing Freshworks Inc. (NASDAQ:FRSH) By 39%?

March 16, 2024 | ca.finance.yahoo.com

FRSH Apr 2024 15.000 call

March 16, 2024 | finance.yahoo.com

FRSH Apr 2024 15.000 put

March 13, 2024 | msn.com

With SMCI stock through the roof, investors ask which company is next?

March 13, 2024 | finance.yahoo.com

Director Jennifer Taylor Sells 7,028 Shares of Freshworks Inc (FRSH)

February 29, 2024 | markets.businessinsider.com

Buy Rating Affirmed for Freshworks Amid Market Overreaction and Strong Customer Retention

February 29, 2024 | finance.yahoo.com

Insider Sell: Freshworks Inc (FRSH) CEO Rathnagirish Mathrubootham Sells 475,000 Shares

February 28, 2024 | globenewswire.com

Freshworks to Participate in Upcoming Investor Conferences

February 18, 2024 | finance.yahoo.com

Freshworks Full Year 2023 Earnings: EPS Beats Expectations

February 17, 2024 | msn.com

Freshworks CEO Girish Mathrubootham won't get performance award of 60 lakh shares. Here's why

February 14, 2024 | finance.yahoo.com

Director Jennifer Taylor Sells 7,035 Shares of Freshworks Inc (FRSH)

See More Headlines

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Company Calendar

Last Earnings: 2/06/2024
Today: 4/19/2024
Next Earnings (Confirmed): 5/01/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Prepackaged software
Sub-Industry: N/A
Current Symbol: NASDAQ:FRSH
CUSIP: N/A
CIK: 1544522
Web: www.freshworks.com
Phone: 650-513-0514
Fax: N/A
Employees: 4,900
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $25.00
High Stock Price Target: $30.00
Low Stock Price Target: $20.00
Potential Upside/Downside: +41.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.72
Research Coverage: 18 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.47)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-137,440,000.00
Net Margins: -23.04%
Pretax Margin: -20.75%
Return on Equity: -12.55%
Return on Assets: -9.39%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 4.14
Quick Ratio: 4.14

Sales & Book Value

Annual Sales: $596.43 million
Price / Sales: 8.82
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $3.61 per share
Price / Book: 4.89

Miscellaneous

Outstanding Shares: 297,940,000
Free Float: 218,507,000
Market Cap: $5.26 billion
Optionable: Optionable
Beta: 0.90

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Key Executives

Mr. Rathna Girish Mathrubootham (Age 48)
Co-Founder, CEO & Chairman
Comp: $516.61k
Mr. Dennis M. Woodside (Age 55)
President & Director
Comp: $531.38k
Mr. Tyler R. Sloat (Age 50)
CFO & Principal Accounting Officer
Comp: $461.88k
Mr. Srinivasagopalan Ramamurthy (Age 57)
Chief Product Officer
Comp: $446.13k
Mr. Shafiq Amarsi
Senior VP of GTM Strategy & Operations
Mr. Prasad Ramakrishnan
Chief Information Officer & SVP of IT
Mr. Joon Huh
Vice President of Finance, Investor Relations & Treasury
Ms. Pamela A. Sergeeff Esq. (Age 51)
Chief Legal Officer & General Counsel
Ms. Johanna Jackman
Chief People Officer
Mr. Jason Loomis
Chief Information Security Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

FRSH Stock Analysis - Frequently Asked Questions

Should I buy or sell Freshworks stock right now?: 18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Freshworks in the last year. There are currently 5 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" FRSH shares.
View FRSH analyst ratings or view top-rated stocks.
What is Freshworks' stock price target for 2024?: 18 equities research analysts have issued 1-year price targets for Freshworks' shares. Their FRSH share price targets range from $20.00 to $30.00. On average, they predict the company's stock price to reach $25.00 in the next year. This suggests a possible upside of 41.6% from the stock's current price.
View analysts price targets for FRSH or view top-rated stocks among Wall Street analysts.
How have FRSH shares performed in 2024?: Freshworks' stock was trading at $23.49 on January 1st, 2024. Since then, FRSH stock has decreased by 24.9% and is now trading at $17.65.
View the best growth stocks for 2024 here.
Are investors shorting Freshworks?: Freshworks saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 11,710,000 shares, an increase of 10.6% from the March 15th total of 10,590,000 shares. Based on an average trading volume of 2,570,000 shares, the short-interest ratio is currently 4.6 days. Approximately 6.9% of the shares of the company are sold short.
View Freshworks' Short Interest.
When is Freshworks' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our FRSH earnings forecast.
How can I listen to Freshworks' earnings call?: Freshworks will be holding an earnings conference call on Wednesday, May 1st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.
How were Freshworks' earnings last quarter?: Freshworks Inc. (NASDAQ:FRSH) announced its quarterly earnings results on Tuesday, February, 6th. The company reported ($0.09) EPS for the quarter, beating the consensus estimate of ($0.13) by $0.04. The firm earned $160.11 million during the quarter, compared to the consensus estimate of $158.11 million. Freshworks had a negative net margin of 23.04% and a negative trailing twelve-month return on equity of 12.55%.

What ETFs hold Freshworks' stock?: ETFs with the largest weight of Freshworks (NASDAQ:FRSH) stock in their portfolio include Global X Cloud Computing ETF (CLOU), India Internet & Ecommerce ETF (INQQ), WisdomTree Cloud Computing Fund (WCLD), FMQQ The Next Frontier Internet & Ecommerce ETF (FMQQ), Renaissance IPO ETF (IPO), Innovator IBD 50 ETF (FFTY), First Trust Small Cap Growth AlphaDEX Fund (FYC) and Direxion Daily Cloud Computing Bull 2x (CLDL).
What guidance has Freshworks issued on next quarter's earnings?: Freshworks issued an update on its first quarter 2024 earnings guidance on Tuesday, February, 6th. The company provided earnings per share guidance of 0.070-0.080 for the period, compared to the consensus EPS estimate of 0.060. The company issued revenue guidance of $162.5 million-$164.5 million, compared to the consensus revenue estimate of $163.2 million.
What other stocks do shareholders of Freshworks own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Freshworks investors own include Lumentum (LITE), Masco (MAS), Qorvo (QRVO), Esperion Therapeutics (ESPR), CVR Refining (CVRR), Walt Disney (DIS), Howard Hughes (HHC), Kinder Morgan (KMI), Tesla (TSLA) and Boeing (BA).
When did Freshworks IPO?: Freshworks (FRSH) raised $855 million in an IPO on Wednesday, September 22nd 2021. The company issued 28,500,000 shares at $28.00-$32.00 per share.
Who are Freshworks' major shareholders?: Freshworks' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Renaissance Capital LLC (0.04%), Diversified Trust Co (0.02%), Catalyst Private Wealth LLC (0.01%), IMC Chicago LLC (0.00%), Allspring Global Investments Holdings LLC (0.00%) and Steph & Co. (0.00%). Insiders that own company stock include Barry L Padgett, Capitalg 2014 Lp, Jennifer H Taylor, Johanna Flower, Jose Morales, Leaders 3 Gp Associates Accel, Pradeep Rathinam, Randy Gottfried, Rathnagirish Mathrubootham, Roxanne S Austin, Sameer K Gandhi, Sequoia Capital India V Ltd, Srinivasagopalan Ramamurthy, Stacey Epstein, Tyler Sloat, Westbridge Crossover Fund, Llc and Zachary Nelson.
View institutional ownership trends.
How do I buy shares of Freshworks?: Shares of FRSH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:FRSH) was last updated on 4/19/2024 by MarketBeat.com Staff

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Freshworks (FRSH) Stock Price, News & Analysis

Freshworks MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Freshworks Stock (NASDAQ:FRSH)

FRSH Stock Price History

FRSH Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

FRSH Stock Analysis - Frequently Asked Questions

Overall MarketRank^™