We rank companies based on fund manager, research analyst and news sentiment
FRSH stock icon

Freshworks
FRSH

$17.59
1.81%
 

About: Freshworks Inc provides software as a service platform that enables small and medium-sized businesses to support customers through e-mail, phone, website, and social networks. It offers solutions that serve the needs of users in the CS and ITSM categories and has also expanded its offering with Sales and Marketing automation products. These product offerings enable organizations to acquire, engage, and serve their customers and employees. The group derives revenue from North America, Europe, the Middle East and Africa, Asia Pacific, and Other regions.

Employees: 4,900

0
Funds holding %
of 6,474 funds
0
Analysts bullish %
of 13 analysts
News positive %

Fund manager confidence

Based on 2023 Q4 SEC filings by fund managers ($100M+ AUM)

61% more call options, than puts

Call options by funds: $13.7M | Put options by funds: $8.52M

39% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 31

38% more funds holding in top 10

Funds holding in top 10: 8 [Q3] → 11 (+3) [Q4]

34% more capital invested

Capital invested by funds: $2.98B [Q3] → $4.01B (+$1.03B) [Q4]

14% more repeat investments, than reductions

Existing positions increased: 84 | Existing positions reduced: 74

6.32% more ownership

Funds ownership: 78.22% [Q3] → 84.54% (+6.32%) [Q4]

5% more funds holding

Funds holding: 224 [Q3] → 236 (+12) [Q4]

Research analyst outlook

13 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$20
14%
upside
Avg. target
$25
43%
upside
High target
$30
71%
upside

13 analyst ratings

10 positive
77%
neutral
23%
negative
0%
Morgan Stanley
Elizabeth Porter
25%upside
$22
Equal-Weight
Maintained
17 Apr 2024
Wolfe Research
Alex Zukin
54%upside
$27
Outperform
Upgraded
20 Feb 2024
Cantor Fitzgerald
Brett Knoblauch
42%upside
$25
Overweight
Reiterated
7 Feb 2024
JMP Securities
Patrick Walravens
65%upside
$29
Market Outperform
Maintained
7 Feb 2024
Jefferies
Brent Thill
71%upside
$30
Buy
Upgraded
5 Jan 2024

Financial journalist opinion