NASDAQ:FRSH

Freshworks (FRSH) Stock Price, News & Analysis

$14.09
-0.58 (-3.95%)
(As of 03:18 PM ET)
Today's Range
$13.83
$14.95
50-Day Range
$14.67
$20.88
52-Week Range
$12.22
$24.98
Volume
4.85 million shs
Average Volume
2.79 million shs
Market Capitalization
$4.20 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$23.18

Freshworks MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.59 Rating Score
Upside/​Downside
64.1% Upside
$22.88 Price Target
Short Interest
Bearish
7.23% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.11mentions of Freshworks in the last 14 days
Based on 38 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.

3.16 out of 5 stars

Computer And Technology Sector

284th out of 594 stocks

Prepackaged Software Industry

95th out of 201 stocks

FRSH stock logo

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

FRSH Stock News Headlines

Baird Downgrades Freshworks (FRSH)
Biden to Launch “FedNOW” [Move Your Money Now]
Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentially cancel your money. You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar...
Why Freshworks Stock Crashed Today
Biden to Launch “FedNOW” [Move Your Money Now]
Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentially cancel your money. You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar...
Why Freshworks (FRSH) Stock Is Down Today
Why Is Freshworks (FRSH) Stock Down 17% Today?
Freshworks Announces CEO Transition
Freshworks Reports First Quarter 2024 Results
Here's what to expect from Freshworks A's earnings
Freshworks May Face International Revenue Headwinds
Freshworks Inc. (FRSH)
See More Headlines
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Company Calendar

Last Earnings
2/06/2024
Today
5/03/2024
Next Earnings (Estimated)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:FRSH
Fax
N/A
Employees
4,900
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$22.88
High Stock Price Target
$30.00
Low Stock Price Target
$15.00
Potential Upside/Downside
+64.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.59
Research Coverage
17 Analysts

Profitability

Net Income
$-137,440,000.00
Pretax Margin
-20.75%

Debt

Sales & Book Value

Annual Sales
$596.43 million
Book Value
$3.61 per share

Miscellaneous

Free Float
240,882,000
Market Cap
$4.19 billion
Optionable
Optionable
Beta
0.88
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FRSH Stock Analysis - Frequently Asked Questions

Should I buy or sell Freshworks stock right now?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Freshworks in the last twelve months. There are currently 7 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street 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?

17 Wall Street research analysts have issued 12 month price targets for Freshworks' stock. Their FRSH share price targets range from $15.00 to $30.00. On average, they anticipate the company's stock price to reach $22.88 in the next twelve months. This suggests a possible upside of 64.1% 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 at the beginning of the year. Since then, FRSH shares have decreased by 40.7% and is now trading at $13.94.
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 daily trading volume, of 2,570,000 shares, the days-to-cover ratio is presently 4.6 days. Currently, 6.9% of the company's shares are short sold.
View Freshworks' Short Interest
.

When is Freshworks' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024.
View our FRSH earnings forecast
.

How were Freshworks' earnings last quarter?

Freshworks Inc. (NASDAQ:FRSH) released its quarterly earnings data on Tuesday, February, 6th. The company reported ($0.09) EPS for the quarter, beating analysts' consensus estimates of ($0.13) by $0.04. The firm had revenue of $160.11 million for the quarter, compared to the consensus estimate of $158.11 million. Freshworks had a negative net margin of 18.93% and a negative trailing twelve-month return on equity of 10.70%.

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

Freshworks issued an update on its FY 2024 earnings guidance on Wednesday, May, 1st. The company provided earnings per share guidance of 0.320-0.350 for the period, compared to the consensus EPS estimate of 0.300. The company issued revenue guidance of $695.0 million-$705.0 million, compared to the consensus revenue estimate of $708.4 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 a price of $28.00-$32.00 per share.

Who are Freshworks' major shareholders?

Freshworks' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Mirae Asset Global Investments Co. Ltd. (0.46%), Renaissance Capital LLC (0.04%), Diversified Trust Co (0.02%), Private Advisor Group LLC (0.01%), Catalyst Private Wealth LLC (0.01%) and IMC Chicago LLC (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 5/3/2024 by MarketBeat.com Staff

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