S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
pixel
What's in Democrats' big bill? Climate, health care, savings
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
pixel
What's in Democrats' big bill? Climate, health care, savings
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
pixel
What's in Democrats' big bill? Climate, health care, savings
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
pixel
What's in Democrats' big bill? Climate, health care, savings
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
NASDAQ:FRSH

Freshworks - FRSH Stock Forecast, Price & News

$15.31
-0.09 (-0.58%)
(As of 08/5/2022 12:00 AM ET)
Add
Compare
Today's Range
$14.72
$15.50
50-Day Range
$10.88
$16.25
52-Week Range
$10.51
$53.36
Volume
2.03 million shs
Average Volume
2.55 million shs
Market Capitalization
$4.35 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$18.23

Freshworks MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.56 Rating Score
Upside/​Downside
19.1% Upside
$18.23 Price Target
Short Interest
Bearish
17.75% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.08mentions of Freshworks in the last 14 days
Based on 36 Articles This Week
Insider Trading
Selling Shares
$3.62 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.77) to ($0.68) Per Share

Overall MarketRank

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

1.81 out of 5 stars

Computer And Technology Sector

559th out of 832 stocks

Prepackaged Software Industry

188th out of 269 stocks

FRSH stock logo

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.

Analyst Ratings Changes

FRSH has been the topic of a number of recent analyst reports. Needham & Company LLC reduced their price target on shares of Freshworks from $40.00 to $25.00 in a research report on Wednesday, May 4th. Oppenheimer decreased their price target on shares of Freshworks from $26.00 to $18.00 and set an "outperform" rating on the stock in a research note on Wednesday. Robert W. Baird decreased their price target on shares of Freshworks from $40.00 to $20.00 in a research note on Wednesday. Wolfe Research boosted their price objective on shares of Freshworks from $14.00 to $15.50 and gave the company an "outperform" rating in a report on Thursday. Finally, StockNews.com raised shares of Freshworks to a "sell" rating in a report on Monday, May 9th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $18.23.

Freshworks Stock Performance

Shares of Freshworks stock traded down $0.09 on Friday, reaching $15.31. 2,029,491 shares of the stock were exchanged, compared to its average volume of 2,554,806. The firm's 50 day moving average is $13.47 and its 200-day moving average is $16.69. Freshworks has a one year low of $10.51 and a one year high of $53.36. The firm has a market cap of $4.35 billion and a PE ratio of -0.60.

Insider Buying and Selling

In other Freshworks news, Director Randy Gottfried sold 33,750 shares of the company's stock in a transaction that occurred on Monday, May 16th. The shares were sold at an average price of $15.59, for a total value of $526,162.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Freshworks news, Director Johanna Flower sold 4,700 shares of the firm's stock in a transaction on Monday, July 11th. The shares were sold at an average price of $14.96, for a total value of $70,312.00. Following the transaction, the director now directly owns 16,110 shares of the company's stock, valued at $241,005.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Randy Gottfried sold 33,750 shares of the firm's stock in a transaction on Monday, May 16th. The shares were sold at an average price of $15.59, for a total transaction of $526,162.50. The disclosure for this sale can be found here. Insiders sold a total of 293,938 shares of company stock worth $3,624,058 in the last three months. 29.12% of the stock is owned by corporate insiders.

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FRSH Stock News Headlines

8 Analysts Have This to Say About Freshworks
Freshworks (NASDAQ:FRSH) Shares Up 10.5%
Freshworks (NASDAQ:FRSH) Price Target Cut to $20.00
Why Freshworks Stock Zoomed 8% Higher Today
Freshworks Reports Second Quarter 2022 Results
Freshworks (FRSH) Scheduled to Post Earnings on Tuesday
Freshworks (NASDAQ:FRSH) PT Lowered to $15.00
Freshworks (NASDAQ:FRSH) Trading 6.1% Higher
See More Headlines
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FRSH Company Calendar

Today
8/07/2022
Next Earnings (Estimated)
11/01/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:FRSH
Fax
N/A
Employees
4,600
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$18.23
High Stock Price Forecast
$25.00
Low Stock Price Forecast
$15.00
Forecasted Upside/Downside
+19.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.56
Research Coverage
9 Analysts

Profitability

Net Income
$-191,990,000.00
Pretax Margin
-71.56%

Debt

Sales & Book Value

Annual Sales
$371.02 million
Cash Flow
$9.06 per share
Book Value
$4.53 per share

Miscellaneous

Free Float
201,420,000
Market Cap
$4.35 billion
Optionable
Optionable
Beta
N/A

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. Shanmugam Krishnasamy
    Co-Founder & CTO
  • 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 Customer Officer













FRSH Stock - Frequently Asked Questions

Should I buy or sell Freshworks stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Freshworks in the last twelve months. There are currently 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Freshworks stock.
View analyst ratings for Freshworks
or view top-rated stocks.

What is Freshworks' stock price forecast for 2022?

9 Wall Street research analysts have issued 12-month target prices for Freshworks' shares. Their FRSH stock forecasts range from $15.00 to $25.00. On average, they predict Freshworks' share price to reach $18.23 in the next twelve months. This suggests a possible upside of 19.1% from the stock's current price.
View analysts' price targets for Freshworks
or view top-rated stocks among Wall Street analysts.

How has Freshworks' stock performed in 2022?

Freshworks' stock was trading at $26.26 on January 1st, 2022. Since then, FRSH shares have decreased by 41.7% and is now trading at $15.31.
View the best growth stocks for 2022 here
.

Are investors shorting Freshworks?

Freshworks saw a increase in short interest during the month of July. As of July 15th, there was short interest totaling 16,130,000 shares, an increase of 22.2% from the June 30th total of 13,200,000 shares. Based on an average daily trading volume, of 3,220,000 shares, the short-interest ratio is currently 5.0 days. Currently, 17.8% of the shares of the company are short sold.
View Freshworks' Short Interest
.

When is Freshworks' next earnings date?

Freshworks is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our earnings forecast for Freshworks
.

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

Freshworks updated its FY22 earnings guidance on Tuesday, August, 2nd. The company provided earnings per share guidance of ($0.18)-($0.16) for the period, compared to the consensus earnings per share estimate of ($0.17). The company issued revenue guidance of $493-497 million, compared to the consensus revenue estimate of $497.01 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 a number of retail and institutional investors. Top institutional investors include Mirae Asset Global Investments Co. Ltd. (0.36%), Artemis Investment Management LLP (0.25%), Gagnon Securities LLC (0.13%), CIBC Private Wealth Group LLC (0.06%), Allspring Global Investments Holdings LLC (0.05%) and Crestone Asset Management LLC (0.03%). Company insiders that own Freshworks stock include Barry L Padgett, Capitalg 2014 Lp, Jennifer H Taylor, Johanna Flower, Jose Morales, Randy Gottfried, Sequoia Capital India V Ltd and Zachary Nelson.
View institutional ownership trends for Freshworks
.

How do I buy shares of Freshworks?

Shares of FRSH 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 $15.31.

How much money does Freshworks make?

Freshworks (NASDAQ:FRSH) has a market capitalization of $4.35 billion and generates $371.02 million in revenue each year. The company earns $-191,990,000.00 in net income (profit) each year or ($25.42) on an earnings per share basis.

How many employees does Freshworks have?

Freshworks 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 Freshworks 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 8/7/2022 by MarketBeat.com Staff

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