NASDAQ:FRSH

Freshworks - FRSH Stock Forecast, Price & News

$14.12

-0.16 (-1.12%)

(As of 11/29/2022 03:51 PM ET)

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Today's Range: $13.80
▼
$14.52
50-Day Range: $12.24
▼
$14.93
52-Week Range: $10.51
▼
$36.23

Volume: 48,272 shs
Average Volume: 1.12 million shs
Market Capitalization: $4.07 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $17.46

Freshworks MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 22.6% Upside
$17.46 Price Target
Short Interest: Bearish
9.60% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.34
Based on 3 Articles This Week
Insider Trading: Acquiring Shares
$23.93 M Bought Last Quarter
Proj. Earnings Growth: Growing
From ($0.80) to ($0.78) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.69 out of 5 stars

Computer And Technology Sector

564th out of 632 stocks

Prepackaged Software Industry

195th out of 221 stocks

2.3

Analyst's Opinion

Consensus Rating
Freshworks has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 5 buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $17.46, Freshworks has a forecasted upside of 22.6% from its current price of $14.24.
Amount of Analyst Coverage
Freshworks has only been the subject of 4 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
9.60% 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 8.6.
Change versus previous month
Short interest in Freshworks has recently decreased by 1.87%, indicating that investor sentiment is improving.

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.

1.9

News and Social Media Coverage

News Sentiment
Freshworks has a news sentiment score of 0.34. 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 0.49 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Freshworks this week, compared to 3 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
5 people have added Freshworks to their MarketBeat watchlist in the last 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Freshworks insiders have bought 1,773.49% more of their company's stock than they have sold. Specifically, they have bought $23,932,894.00 in company stock and sold $1,277,450.00 in company stock.
Percentage Held by Insiders
29.12% 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
Only 31.25% of the stock of Freshworks is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Freshworks are expected to grow in the coming year, from ($0.80) to ($0.78) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Freshworks is -15.82, 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 -15.82, 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 3.14. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Freshworks (NASDAQ:FRSH) Stock

Freshworks 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.

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FRSH Stock News Headlines

November 25, 2022 | americanbankingnews.com

Freshworks (NASDAQ:FRSH) Shares Up 7%

November 23, 2022 | americanbankingnews.com

Freshworks (NASDAQ:FRSH) Coverage Initiated at Credit Suisse Group

November 8, 2022 | finance.yahoo.com

Freshworks Third Quarter 2022 Earnings: Beats Expectations

November 2, 2022 | finance.yahoo.com

Freshworks Inc. (FRSH) Q3 2022 Earnings Call Transcript

November 1, 2022 | finance.yahoo.com

Freshworks Inc. (FRSH) Reports Q3 Loss, Tops Revenue Estimates

November 1, 2022 | finance.yahoo.com

Freshworks Reports Third Quarter 2022 Results

November 1, 2022 | finance.yahoo.com

Freshworks Further Integrates Conversational AI into CX and CRM Solutions

October 31, 2022 | finance.yahoo.com

Freshworks Turns Freshservice Demand into a New Product Opportunity with Multi-Department Service Desk

October 19, 2022 | benzinga.com

6 Analysts Have This to Say About Freshworks - Freshworks (NASDAQ:FRSH) - Benzinga

October 18, 2022 | businesswire.com

Nylas Launches its Channel Partner Program and Partnership with UpStack - Business Wire

October 18, 2022 | finance.yahoo.com

LegalZoom Acquires Indian SaaS Company Revv - Yahoo Finance

October 17, 2022 | finance.yahoo.com

North America Mobile Sales Force Automation (SFA) Market Analysis Report 2022-2027 Featuring Freshworks, Pipedrive, Salesforce, and SugarCRM - Expanding Sales Within the Current SFA Embedded Base - Yahoo Finance

October 14, 2022 | nasdaq.com

First Week of FRSH May 2023 Options Trading - Nasdaq

October 12, 2022 | seekingalpha.com

ISRG, ZI and ADMA are among after hour movers - Seeking Alpha

October 12, 2022 | finance.yahoo.com

NocoDB takes on Airtable with open source no-code platform that connects to production databases - Yahoo Finance

October 11, 2022 | techcrunch.com

NocoDB takes on Airtable with open source no-code platform that connects to production databases - TechCrunch

October 11, 2022 | finance.yahoo.com

A New Financial Vision Offers a Viable Pathway to Global Economic Stability and Peace - Yahoo Finance

October 11, 2022 | globenewswire.com

Yulu Bikes Invests in Real-Time Customer Support with Freshworks Software - GlobeNewswire

October 11, 2022 | finance.yahoo.com

Yulu Bikes Invests in Real-Time Customer Support with Freshworks Software

October 5, 2022 | finance.yahoo.com

Freshworks to Announce Third Quarter 2022 Financial Results on November 1, 2022 - Yahoo Finance

October 5, 2022 | globenewswire.com

Freshworks to Announce Third Quarter 2022 Financial Results on November 1, 2022 - GlobeNewswire

October 5, 2022 | finance.yahoo.com

Freshworks to Announce Third Quarter 2022 Financial Results on November 1, 2022

September 30, 2022 | benzinga.com

INVESTIGATION NOTICE: The Schall Law Firm Encourages Investors in Freshworks Inc. with Losses of $100,000 - Benzinga

September 29, 2022 | benzinga.com

INVESTIGATION REMINDER: The Schall Law Firm Encourages Investors in Freshworks Inc. with Losses of $100,000 to Contact the Firm

September 29, 2022 | businesswire.com

INVESTIGATION REMINDER: The Schall Law Firm Encourages Investors in Freshworks Inc. with Losses of $100000 to Contact the Firm - Business Wire

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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FRSH Company Calendar

Today: 11/29/2022
Fiscal Year End: 12/31/2022
Next Earnings (Estimated): 2/09/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Prepackaged software
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:FRSH
CUSIP: N/A
CIK: 1544522
Web: www.freshworks.com
Phone: 650-513-0514
Fax: N/A
Employees: 4,600
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $17.46
High Stock Price Forecast: $25.00
Low Stock Price Forecast: $14.00
Forecasted Upside/Downside: +23.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.90)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-191,990,000.00
Net Margins: -53.45%
Pretax Margin: -48.19%
Return on Equity: -20.74%
Return on Assets: -16.58%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 5.03
Quick Ratio: 5.03

Sales & Book Value

Annual Sales: $371.02 million
Price / Sales: 10.96
Cash Flow: $9.11 per share
Price / Cash Flow: 1.55
Book Value: $4.53 per share
Price / Book: 3.12

Miscellaneous

Outstanding Shares: 287,920,000
Free Float: 204,076,000
Market Cap: $4.07 billion
Optionable: Optionable
Beta: 0.58

Key Executives

Mr. Rathna Girish Mathrubootham (Age 46)
Co-Founder, CEO & Chairman
Comp: $613.02k

Ms. Stacey Epstein (Age 53)
Chief Marketing Officer
Comp: $502.03k

Mr. Srinivasagopalan Ramamurthy (Age 55)
Chief Product Officer
Comp: $539.17k

Mr. Dennis M. Woodside (Age 53)
Pres & Director

Mr. Tyler R. Sloat (Age 48)
Chief Financial Officer

Mr. Joon Huh
VP of Fin., Investor Relations & Treasury

Ms. Pamela A. Sergeeff Esq. (Age 49)
Chief Legal Officer & Gen. Counsel

Ms. Suman Gopalan
Chief HR Officer

Mr. Abhishek Somani (Age 47)
Head of Services Europe

Mr. Pradeep Rathinam
Chief Revenue Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

FRSH Stock - Frequently Asked Questions

Should I buy or sell Freshworks stock right now?: 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Freshworks in the last year. There are currently 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street 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?: 10 analysts have issued 12 month target prices for Freshworks' stock. Their FRSH share price forecasts range from $14.00 to $25.00. On average, they expect the company's share price to reach $17.46 in the next year. This suggests a possible upside of 22.7% 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 2022?: Freshworks' stock was trading at $26.26 at the start of the year. Since then, FRSH shares have decreased by 45.8% and is now trading at $14.23.
View the best growth stocks for 2022 here.
When is Freshworks' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, February 9th 2023.
View our FRSH earnings forecast.
What guidance has Freshworks issued on next quarter's earnings?: Freshworks updated its fourth quarter 2022 earnings guidance on Tuesday, November, 8th. The company provided earnings per share guidance of -$0.05--$0.03 for the period, compared to the consensus estimate of -$0.04. The company issued revenue guidance of $129.20 million-$131.20 million, compared to the consensus revenue estimate of $132.94 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 IPO 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 many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (4.38%), Tiger Global Management LLC (1.81%), Alphabet Inc. (1.40%), Alliancebernstein L.P. (1.12%), BlackRock Inc. (0.98%) and Price T Rowe Associates Inc. MD (0.57%). 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, Sameer K Gandhi, Sequoia Capital India V Ltd, Stacey Epstein 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 $14.23.
How much money does Freshworks make?: Freshworks (NASDAQ:FRSH) has a market capitalization of $4.10 billion and generates $371.02 million in revenue each year. The company earns $-191,990,000.00 in net income (profit) each year or ($0.90) on an earnings per share basis.
How many employees does Freshworks have?: The company employs 4,600 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 11/29/2022 by MarketBeat.com Staff

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Freshworks - FRSH Stock Forecast, Price & News

Freshworks MarketRank™ Forecast

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 (NASDAQ:FRSH) Stock

FRSH Stock News Headlines

FRSH Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

FRSH Stock - Frequently Asked Questions

Overall MarketRank^™