Freshworks Inc. (NASDAQ:FRSH) Given Average Recommendation of “Hold” by Brokerages

Freshworks Inc. (NASDAQ:FRSH) has received a consensus rating of “Hold” from the sixteen brokerages that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation and seven have given a buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $13.9167.

Several research firms have recently weighed in on FRSH. Wells Fargo & Company decreased their price target on shares of Freshworks from $13.00 to $10.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 11th. Piper Sandler reduced their target price on Freshworks from $12.00 to $10.00 and set a “neutral” rating for the company in a research report on Wednesday, February 11th. Robert W. Baird set a $10.00 price target on Freshworks in a report on Wednesday, February 11th. Canaccord Genuity Group set a $14.00 price target on Freshworks in a research report on Wednesday, February 11th. Finally, BTIG Research began coverage on Freshworks in a report on Tuesday, December 16th. They set a “neutral” rating for the company.

Freshworks Stock Down 2.2%

FRSH stock opened at $7.46 on Friday. The stock has a 50-day simple moving average of $10.77 and a two-hundred day simple moving average of $11.74. Freshworks has a twelve month low of $6.79 and a twelve month high of $18.02. The firm has a market capitalization of $2.10 billion, a PE ratio of 11.66 and a beta of 0.89.

Freshworks (NASDAQ:FRSH) last released its quarterly earnings data on Tuesday, February 10th. The company reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.03. The company had revenue of $222.74 million during the quarter, compared to analyst estimates of $218.76 million. Freshworks had a net margin of 21.90% and a return on equity of 4.77%. Freshworks’s revenue was up 14.5% compared to the same quarter last year. During the same period last year, the business earned $0.14 earnings per share. Freshworks has set its Q1 2026 guidance at 0.100-0.120 EPS and its FY 2026 guidance at 0.550-0.570 EPS. On average, equities research analysts anticipate that Freshworks will post -0.19 EPS for the current fiscal year.

Insider Buying and Selling

In other Freshworks news, CAO Philippa Lawrence sold 5,846 shares of the business’s stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $12.06, for a total value of $70,502.76. Following the completion of the transaction, the chief accounting officer owned 392,711 shares of the company’s stock, valued at $4,736,094.66. The trade was a 1.47% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Mika Yamamoto sold 15,012 shares of the firm’s stock in a transaction on Friday, December 5th. The shares were sold at an average price of $13.00, for a total transaction of $195,156.00. Following the sale, the insider owned 490,350 shares in the company, valued at approximately $6,374,550. This trade represents a 2.97% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 21,623 shares of company stock valued at $274,540. Corporate insiders own 11.17% of the company’s stock.

Institutional Investors Weigh In On Freshworks

Hedge funds have recently added to or reduced their stakes in the company. Amundi boosted its stake in shares of Freshworks by 1.3% during the first quarter. Amundi now owns 80,074 shares of the company’s stock valued at $1,049,000 after purchasing an additional 1,040 shares during the period. Vanguard Personalized Indexing Management LLC raised its holdings in Freshworks by 11.0% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 11,694 shares of the company’s stock valued at $174,000 after buying an additional 1,160 shares during the last quarter. Inceptionr LLC boosted its position in Freshworks by 3.6% during the 3rd quarter. Inceptionr LLC now owns 33,583 shares of the company’s stock valued at $395,000 after buying an additional 1,174 shares during the period. Covestor Ltd grew its holdings in Freshworks by 25.0% in the 3rd quarter. Covestor Ltd now owns 7,393 shares of the company’s stock worth $87,000 after acquiring an additional 1,479 shares during the last quarter. Finally, Teacher Retirement System of Texas increased its position in shares of Freshworks by 1.6% in the third quarter. Teacher Retirement System of Texas now owns 97,787 shares of the company’s stock valued at $1,151,000 after acquiring an additional 1,578 shares during the period. Institutional investors own 75.58% of the company’s stock.

About Freshworks

Freshworks, Inc is a global provider of cloud-based customer engagement software designed to help businesses streamline customer support, sales, marketing, and IT service operations. The company’s integrated suite of solutions enables organizations of all sizes to deliver seamless experiences across multiple channels, including email, chat, phone, and social media. Freshworks’ platform is built on modern, user-friendly interfaces and offers native automation, AI-powered insights, and analytics to improve efficiency and customer satisfaction.

The company’s flagship product, Freshdesk, serves as a helpdesk solution for customer support teams, while Freshservice addresses IT service management needs.