FreshworksFRSH
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
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
154% more call options, than puts
Call options by funds: $9.55M | Put options by funds: $3.75M
65% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 31
40% more funds holding in top 10
Funds holding in top 10: 5 [Q2] → 7 (+2) [Q3]
12% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 78
7% more funds holding
Funds holding: 232 [Q2] → 249 (+17) [Q3]
2.27% less ownership
Funds ownership: 87.55% [Q2] → 85.29% (-2.27%) [Q3]
10% less capital invested
Capital invested by funds: $2.44B [Q2] → $2.19B (-$255M) [Q3]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Scotiabank Nick Altmann 53% 1-year accuracy 8 / 15 met price target | 11%upside $19 | Sector Perform Maintained | 12 Feb 2025 |
Cantor Fitzgerald Brett Knoblauch 64% 1-year accuracy 52 / 81 met price target | 29%upside $22 | Overweight Maintained | 12 Feb 2025 |
Canaccord Genuity David Hynes 61% 1-year accuracy 63 / 103 met price target | 35%upside $23 | Buy Maintained | 12 Feb 2025 |
Oppenheimer Brian Schwartz 52% 1-year accuracy 25 / 48 met price target | 41%upside $24 | Outperform Maintained | 12 Feb 2025 |
Barclays Raimo Lenschow 70% 1-year accuracy 57 / 81 met price target | 17%upside $20 | Equal-Weight Maintained | 12 Feb 2025 |
Financial journalist opinion
Based on 9 articles about FRSH published over the past 30 days









