S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold

Freshworks (FRSH) Competitors

$17.59
-0.06 (-0.34%)
(As of 04/19/2024 ET)

FRSH vs. SMAR, TENB, VRNS, SQSP, ZI, QLYS, WK, FROG, CVLT, and BL

Should you be buying Freshworks stock or one of its competitors? The main competitors of Freshworks include Smartsheet (SMAR), Tenable (TENB), Varonis Systems (VRNS), Squarespace (SQSP), ZoomInfo Technologies (ZI), Qualys (QLYS), Workiva (WK), JFrog (FROG), Commvault Systems (CVLT), and BlackLine (BL). These companies are all part of the "prepackaged software" industry.

Freshworks vs.

Freshworks (NASDAQ:FRSH) and Smartsheet (NYSE:SMAR) are both mid-cap computer and technology companies, but which is the superior stock? We will contrast the two businesses based on the strength of their dividends, analyst recommendations, profitability, risk, earnings, media sentiment, valuation, institutional ownership and community ranking.

Freshworks currently has a consensus target price of $25.00, suggesting a potential upside of 42.13%. Smartsheet has a consensus target price of $49.75, suggesting a potential upside of 35.12%. Given Freshworks' stronger consensus rating and higher possible upside, equities research analysts clearly believe Freshworks is more favorable than Smartsheet.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Freshworks
0 Sell rating(s)
5 Hold rating(s)
13 Buy rating(s)
0 Strong Buy rating(s)
2.72
Smartsheet
1 Sell rating(s)
3 Hold rating(s)
12 Buy rating(s)
0 Strong Buy rating(s)
2.69

Freshworks has a beta of 0.9, meaning that its share price is 10% less volatile than the S&P 500. Comparatively, Smartsheet has a beta of 0.73, meaning that its share price is 27% less volatile than the S&P 500.

In the previous week, Smartsheet had 5 more articles in the media than Freshworks. MarketBeat recorded 15 mentions for Smartsheet and 10 mentions for Freshworks. Smartsheet's average media sentiment score of 0.66 beat Freshworks' score of 0.60 indicating that Smartsheet is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Freshworks
5 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Smartsheet
6 Very Positive mention(s)
2 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Smartsheet has higher revenue and earnings than Freshworks. Smartsheet is trading at a lower price-to-earnings ratio than Freshworks, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Freshworks$596.43M8.79-$137.44M-$0.47-37.43
Smartsheet$958.34M5.28-$104.63M-$0.79-46.61

75.6% of Freshworks shares are owned by institutional investors. Comparatively, 90.0% of Smartsheet shares are owned by institutional investors. 26.7% of Freshworks shares are owned by insiders. Comparatively, 4.7% of Smartsheet shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Smartsheet received 347 more outperform votes than Freshworks when rated by MarketBeat users. Likewise, 65.47% of users gave Smartsheet an outperform vote while only 37.11% of users gave Freshworks an outperform vote.

CompanyUnderperformOutperform
FreshworksOutperform Votes
36
37.11%
Underperform Votes
61
62.89%
SmartsheetOutperform Votes
383
65.47%
Underperform Votes
202
34.53%

Smartsheet has a net margin of -10.92% compared to Freshworks' net margin of -23.04%. Freshworks' return on equity of -12.55% beat Smartsheet's return on equity.

Company Net Margins Return on Equity Return on Assets
Freshworks-23.04% -12.55% -9.39%
Smartsheet -10.92%-16.57%-7.60%

Summary

Freshworks and Smartsheet tied by winning 9 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding FRSH and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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FRSH vs. The Competition

MetricFreshworksPrepackaged software IndustryComputer SectorNASDAQ Exchange
Market Cap$5.24B$21.07B$19.00B$7.30B
Dividend YieldN/A2.19%2.76%4.01%
P/E Ratio-37.43144.73250.2620.05
Price / Sales8.798.77526.5289.18
Price / CashN/A62.3927.9434.82
Price / Book4.879.336.314.16
Net Income-$137.44M$374.64M$632.26M$214.20M
7 Day Performance-2.06%-3.55%-3.45%-3.51%
1 Month Performance-5.38%-7.30%-5.27%-5.50%
1 Year Performance17.97%9.43%11.45%3.53%

Freshworks Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SMAR
Smartsheet
4.7328 of 5 stars
$39.64
+2.3%
$49.75
+25.5%
-16.2%$5.45B$958.34M-50.173,330
TENB
Tenable
4.6698 of 5 stars
$49.11
+1.4%
$56.63
+15.3%
-3.0%$5.80B$798.71M-72.221,999Positive News
VRNS
Varonis Systems
3.7332 of 5 stars
$46.63
-1.8%
$48.81
+4.7%
+70.0%$5.09B$499.16M-50.682,233
SQSP
Squarespace
2.9364 of 5 stars
$37.19
-0.3%
$38.54
+3.6%
+9.2%$5.08B$1.01B-743.801,749Insider Selling
ZI
ZoomInfo Technologies
4.3978 of 5 stars
$16.23
+2.5%
$21.58
+32.9%
-29.2%$6.16B$1.24B60.113,516Analyst Report
QLYS
Qualys
1.9726 of 5 stars
$167.39
+0.4%
$153.23
-8.5%
+30.8%$6.19B$554.46M41.432,188Insider Selling
WK
Workiva
3.4762 of 5 stars
$84.41
+3.7%
$113.50
+34.5%
-21.0%$4.62B$630.04M-35.622,526
FROG
JFrog
3.3757 of 5 stars
$42.12
-2.1%
$43.46
+3.2%
+77.0%$4.29B$349.89M-70.201,400Insider Selling
CVLT
Commvault Systems
0.7509 of 5 stars
$97.43
-2.2%
$85.60
-12.1%
+61.0%$4.27B$819.43M-3,246.582,779
BL
BlackLine
2.5181 of 5 stars
$68.61
+5.6%
$61.80
-9.9%
-7.6%$4.24B$590M-686.101,750Positive News

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This page (NASDAQ:FRSH) was last updated on 4/20/2024 by MarketBeat.com Staff

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