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

Shares of Freshworks Inc. (NASDAQ:FRSH) have been assigned a consensus rating of “Hold” from the sixteen ratings firms that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, eight have given a hold rating and seven have assigned a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $12.9167.

Several research firms have recently issued reports on FRSH. Robert W. Baird set a $10.00 price objective on Freshworks in a research note on Wednesday, February 11th. BTIG Research started coverage on Freshworks in a research report on Tuesday, December 16th. They set a “neutral” rating on the stock. Citigroup restated an “outperform” rating on shares of Freshworks in a report on Wednesday, February 11th. UBS Group set a $11.00 price target on Freshworks in a research report on Wednesday, February 11th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $15.00 price objective on shares of Freshworks in a research report on Wednesday, February 11th.

Insider Activity

In related news, insider Mika Yamamoto sold 32,577 shares of the company’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $8.45, for a total transaction of $275,275.65. Following the transaction, the insider directly owned 1,127,723 shares in the company, valued at approximately $9,529,259.35. This represents a 2.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 11.17% of the company’s stock.

Institutional Trading of Freshworks

Institutional investors have recently added to or reduced their stakes in the company. IFP Advisors Inc raised its holdings in shares of Freshworks by 954.9% in the fourth quarter. IFP Advisors Inc now owns 2,152 shares of the company’s stock worth $26,000 after buying an additional 1,948 shares during the period. Summit Securities Group LLC purchased a new position in Freshworks during the 4th quarter valued at $26,000. Meeder Asset Management Inc. purchased a new position in Freshworks during the 3rd quarter valued at $27,000. Rothschild Investment LLC grew its position in Freshworks by 560.0% in the 3rd quarter. Rothschild Investment LLC now owns 2,277 shares of the company’s stock valued at $27,000 after acquiring an additional 1,932 shares during the last quarter. Finally, SBI Securities Co. Ltd. grew its position in Freshworks by 136.2% in the 3rd quarter. SBI Securities Co. Ltd. now owns 2,745 shares of the company’s stock valued at $32,000 after acquiring an additional 1,583 shares during the last quarter. Institutional investors own 75.58% of the company’s stock.

Freshworks Trading Down 1.7%

Shares of NASDAQ FRSH opened at $8.01 on Wednesday. The firm’s 50-day moving average price is $9.32 and its 200-day moving average price is $11.10. The stock has a market capitalization of $2.26 billion, a price-to-earnings ratio of 12.52 and a beta of 0.93. Freshworks has a 12-month low of $6.79 and a 12-month high of $16.48.

Freshworks (NASDAQ:FRSH) last released its quarterly earnings results on Tuesday, February 10th. The company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.11 by $0.03. Freshworks had a return on equity of 4.69% and a net margin of 21.90%.The company had revenue of $222.74 million during the quarter, compared to analyst estimates of $218.76 million. During the same quarter last year, the business posted $0.14 earnings per share. The firm’s revenue was up 14.5% on a year-over-year basis. 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 analysts predict that Freshworks will post -0.19 EPS for the current fiscal year.

Freshworks Company Profile

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.