NASDAQ:FRSH Freshworks (FRSH) Stock Forecast, Price & News $15.76 +0.91 (+6.13%) (As of 05/31/2023 ET) Add Compare Share Share Today's Range$14.68▼$15.8350-Day Range$12.58▼$15.7652-Week Range$10.51▼$18.14Volume3.60 million shsAverage Volume1.73 million shsMarket Capitalization$4.59 billionP/E RatioN/ADividend YieldN/APrice Target$17.91 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Freshworks MarketRank™ ForecastAnalyst RatingModerate Buy2.53 Rating ScoreUpside/Downside13.6% Upside$17.91 Price TargetShort InterestBearish8.37% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.38Based on 7 Articles This WeekInsider TradingSelling Shares$13.27 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.60) to ($0.56) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.65 out of 5 starsComputer And Technology Sector529th out of 621 stocksPrepackaged Software Industry174th out of 219 stocks 2.3 Analyst's Opinion Consensus RatingFreshworks has received a consensus rating of Buy. The company's average rating score is 2.53, and is based on 8 buy ratings, 7 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $17.91, Freshworks has a forecasted upside of 13.6% from its current price of $15.76.Amount of Analyst CoverageFreshworks has only been the subject of 2 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted8.37% of the float of Freshworks has been sold short.Short Interest Ratio / Days to CoverFreshworks has a short interest ratio ("days to cover") of 7.2.Change versus previous monthShort interest in Freshworks has recently increased by 65.05%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldFreshworks does not currently pay a dividend.Dividend GrowthFreshworks does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FRSH. Previous Next 2.4 News and Social Media Coverage News SentimentFreshworks has a news sentiment score of 0.38. 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 lower news sentiment than the 0.57 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Freshworks this week, compared to 4 articles on an average week.MarketBeat Follows4 people have added Freshworks to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn 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 $13,265,637.00 in company stock.Percentage Held by Insiders26.66% 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 Institutions46.36% of the stock of Freshworks is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Freshworks are expected to grow in the coming year, from ($0.60) to ($0.56) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Freshworks is -20.20, 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. SectorThe P/E ratio of Freshworks is -20.20, 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 RatioFreshworks has a P/B Ratio of 4.37. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Freshworks (NASDAQ:FRSH) StockFreshworks Inc., a software development company, provides modern software-as-a-service products worldwide. Freshworks Inc. was formerly known as Freshdesk Inc. and changed its name to Freshworks Inc. in June 2017. The company was incorporated in 2010 and is headquartered in San Mateo, California.Read More Receive FRSH Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Freshworks and its competitors with MarketBeat's FREE daily newsletter. Email Address FRSH Stock News HeadlinesMay 31, 2023 | americanbankingnews.comFreshworks Inc. (NASDAQ:FRSH) Receives $18.13 Consensus Target Price from BrokeragesMay 27, 2023 | americanbankingnews.comFreshworks (NASDAQ:FRSH) Sees Large Volume IncreaseJune 1, 2023 | Vector Vest (Ad)Master the Market: Free Stock Analysis + Buy/Sell/Hold Signals!Get a full report that tells you what a stock is really worth, how safe the stock is, and if the timing is right to buy the stock. Plus a definitive Buy, Sell, Hold recommendation. May 27, 2023 | seekingalpha.comFreshworks: Strong Execution Seen In Q1, Continue To Stay LongMay 25, 2023 | seekingalpha.comFreshworks: Benefiting From Rising Demand In CRM And Marketing SolutionsMay 18, 2023 | msn.comNeedham Reiterates Freshworks Inc (FRSH) Buy RecommendationMay 18, 2023 | msn.comWhat 8 Analyst Ratings Have To Say About FreshworksMay 10, 2023 | yahoo.comThese Rubbermaid Food Containers Keep Produce 'Fresh and Crunchy for Weeks' — and a Set Is on Sale for $23June 1, 2023 | Legacy Research (Affiliate) (Ad)Sell Every Stock, Except ONE (Ticker Revealed)We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.May 10, 2023 | msn.comFreshworks: Scalability And Guidance Imply UndervaluationMay 10, 2023 | americanbankingnews.comFreshworks (NASDAQ:FRSH) Upgraded by StockNews.com to HoldMay 6, 2023 | americanbankingnews.comFreshworks Inc. (NASDAQ:FRSH) Receives $18.27 Average Target Price from AnalystsMay 5, 2023 | americanbankingnews.comFreshworks (NASDAQ:FRSH) PT Lowered to $18.00May 3, 2023 | finance.yahoo.comFreshworks (FRSH) Q1 2023 Earnings Call TranscriptMay 2, 2023 | finance.yahoo.comFreshworks Inc. (FRSH) Q1 Earnings and Revenues Top EstimatesMay 2, 2023 | finance.yahoo.comFreshworks Reports First Quarter 2023 ResultsMay 1, 2023 | americanbankingnews.comFreshworks (FRSH) to Release Earnings on TuesdayApril 29, 2023 | americanbankingnews.comFreshworks (NASDAQ:FRSH) Raised to "Hold" at StockNews.comApril 28, 2023 | americanbankingnews.comStockNews.com Upgrades Freshworks (NASDAQ:FRSH) to HoldApril 26, 2023 | americanbankingnews.comFreshworks (NASDAQ:FRSH) Shares Down 7.9% April 23, 2023 | americanbankingnews.comFreshworks (NASDAQ:FRSH) Research Coverage Started at FBN SecuritiesApril 19, 2023 | wsj.comFreshworks Inc. Cl AApril 13, 2023 | americanbankingnews.comFreshworks Inc. (NASDAQ:FRSH) Receives $18.14 Consensus PT from BrokeragesApril 13, 2023 | americanbankingnews.comFreshworks Inc. (NASDAQ:FRSH) Director Johanna Flower Sells 4,700 SharesApril 12, 2023 | americanbankingnews.comFreshworks (NASDAQ:FRSH) Shares Gap Down to $14.81April 7, 2023 | americanbankingnews.comFreshworks Inc. (NASDAQ:FRSH) Director Sells $127,338.30 in StockApril 6, 2023 | finance.yahoo.comFreshworks to Announce First Quarter 2023 Financial Results on May 2, 2023See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive FRSH Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Freshworks and its competitors with MarketBeat's FREE daily newsletter. Email Address FRSH Company Calendar Today6/01/2023Next Earnings (Estimated)8/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:FRSH CUSIPN/A CIK1544522 Webwww.freshworks.com Phone650-513-0514FaxN/AEmployees5,400Year FoundedN/APrice Target and Rating Average Stock Price Forecast$17.91 High Stock Price Forecast$25.00 Low Stock Price Forecast$14.00 Forecasted Upside/Downside+13.6%Consensus RatingModerate Buy Rating Score (0-4)2.53 Research Coverage15 Analysts Profitability EPS (Most Recent Fiscal Year)($0.78) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-232,130,000.00 Net Margins-43.32% Pretax Margin-40.86% Return on Equity-20.67% Return on Assets-15.91% Debt Debt-to-Equity RatioN/A Current Ratio4.52 Quick Ratio4.52 Sales & Book Value Annual Sales$498 million Price / Sales9.21 Cash FlowN/A Price / Cash FlowN/A Book Value$3.61 per share Price / Book4.37Miscellaneous Outstanding Shares291,140,000Free Float213,524,000Market Cap$4.59 billion OptionableOptionable Beta0.75 Key ExecutivesMr. Rathna Girish Mathrubootham (Age 47)Co-Founder, CEO & Chairman Comp: $613.02kMs. Stacey Epstein (Age 54)Chief Marketing Officer Comp: $502.03kMr. Srinivasagopalan Ramamurthy (Age 56)Chief Product Officer Comp: $539.17kMr. Dennis M. Woodside (Age 54)Pres & Director Mr. Tyler R. Sloat (Age 49)Chief Financial Officer Mr. Joon HuhVP of Fin., Investor Relations & TreasuryMs. Pamela A. Sergeeff Esq. (Age 50)Chief Legal Officer & Gen. Counsel Ms. Suman GopalanChief HR OfficerMr. Abhishek Somani (Age 48)Head of Services Europe Mr. Pradeep RathinamChief Revenue OfficerMore ExecutivesKey CompetitorsTenableNASDAQ:TENBQualysNASDAQ:QLYSBOXNYSE:BOXAsanaNYSE:ASANBlackbaudNASDAQ:BLKBView All CompetitorsInsiders & InstitutionsJPMorgan Chase & Co.Bought 3,343 shares on 5/18/2023Ownership: 0.042%Graham Capital Management L.P.Sold 5,184 shares on 5/16/2023Ownership: 0.032%First Trust Advisors LPBought 16,610 shares on 5/16/2023Ownership: 0.026%Balyasny Asset Management L.P.Bought 35,451 shares on 5/16/2023Ownership: 0.012%Jane Street Group LLCSold 1,200 shares on 5/16/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions FRSH Stock - Frequently Asked Questions Should I buy or sell Freshworks stock right now? 15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Freshworks in the last year. There are currently 7 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" FRSH shares. View FRSH analyst ratings or view top-rated stocks. What is Freshworks' stock price forecast for 2023? 15 brokerages have issued 1 year price targets for Freshworks' stock. Their FRSH share price forecasts range from $14.00 to $25.00. On average, they predict the company's stock price to reach $17.91 in the next twelve months. This suggests a possible upside of 13.6% 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 2023? Freshworks' stock was trading at $14.71 at the beginning of 2023. Since then, FRSH shares have increased by 7.1% and is now trading at $15.76. View the best growth stocks for 2023 here. Are investors shorting Freshworks? Freshworks saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 11,570,000 shares, an increase of 65.0% from the April 30th total of 7,010,000 shares. Based on an average trading volume of 1,600,000 shares, the days-to-cover ratio is currently 7.2 days. Currently, 8.4% of the company's shares 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 Tuesday, August 1st 2023. View our FRSH earnings forecast. 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), WisdomTree Cloud Computing Fund (WCLD), iShares Robotics and Artificial Intelligence Multisector ETF (IRBO), SPDR S&P Software & Services ETF (XSW), Direxion Daily Cloud Computing Bull 2x (CLDL), Renaissance IPO ETF (IPO), First Trust Small Cap Growth AlphaDEX Fund (FYC) and JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BBSC). What guidance has Freshworks issued on next quarter's earnings? Freshworks updated its second quarter 2023 earnings guidance on Wednesday, May, 3rd. The company provided EPS guidance of 0-$0.02 for the period, compared to the consensus EPS estimate of -$0.01. The company issued revenue guidance of $140.00 million-$142.50 million, compared to the consensus revenue estimate of $141.32 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? (FRSH) raised $855 million in an initial public offering on Wednesday, September 22nd 2021. The company issued 28,500,000 shares at $28.00-$32.00 per share. What is Freshworks' stock symbol? Freshworks trades on the NASDAQ under the ticker symbol "FRSH." Who are Freshworks' major shareholders? Freshworks' stock is owned by a number of retail and institutional investors. Top institutional shareholders include WestBridge Capital Management LLC (5.69%), Champlain Investment Partners LLC (2.04%), BlackRock Inc. (1.33%), Meritage Group LP (1.05%), Franklin Resources Inc. (1.02%) and Scopia Capital Management LP (0.81%). Insiders that own company stock include Barry L Padgett, Capitalg 2014 Lp, Jennifer H Taylor, Johanna Flower, Jose Morales, Leaders 3 Gp Associates Accel, Randy Gottfried, Rathnagirish Mathrubootham, Sameer K Gandhi, Sequoia Capital India V Ltd, Stacey Epstein, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Freshworks' stock price today? One share of FRSH stock can currently be purchased for approximately $15.76. How much money does Freshworks make? Freshworks (NASDAQ:FRSH) has a market capitalization of $4.59 billion and generates $498 million in revenue each year. The company earns $-232,130,000.00 in net income (profit) each year or ($0.78) on an earnings per share basis. How many employees does Freshworks have? The company employs 5,400 workers across the globe. How can I contact Freshworks? Freshworks' mailing address is 2950 S Delaware St Ste 201, San Mateo, California 94403-2199. The official website for the company is www.freshworks.com. The company can be reached via phone at 650-513-0514 or via email at ir@freshworks.com. This page (NASDAQ:FRSH) was last updated on 6/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Freshworks Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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