FRSH icon

Freshworks

17.05 USD
-0.38
2.18%
At close Feb 14, 4:00 PM EST
After hours
17.10
+0.05
0.29%
1 day
-2.18%
5 days
-6.83%
1 month
5.70%
3 months
4.47%
6 months
54.02%
Year to date
7.23%
1 year
-19.84%
5 years
-64.14%
10 years
-64.14%
 

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 6,831 funds
0
Analysts bullish %
of 9 analysts

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

Low target
$13
24%
downside
Avg. target
$21
23%
upside
High target
$25
47%
upside

9 analyst ratings

positive
56%
neutral
33%
negative
11%
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

Positive
Zacks Investment Research
2 days ago
New Strong Buy Stocks for February 14th
FRSH, SFTBY, ATGE, FINW and PAHC have been added to the Zacks Rank #1 (Strong Buy) List on February 14, 2025.
New Strong Buy Stocks for February 14th
Neutral
Seeking Alpha
3 days ago
Freshworks: Great Value On This Dip, Deceleration Might Not Be As Sharp As Feared
Shares of Freshworks dropped after posting strong Q4 results, creating a well-timed buying opportunity. The company's revenue growth maintained a 22% y/y growth pace in Q4, and its guidance calling for sharp deceleration in Q1 is likely conservative. The company's faster pace of new customer acquisition is helping to offset the risks of slightly weaker net revenue retention rates, a problem common to the entire software industry.
Freshworks: Great Value On This Dip, Deceleration Might Not Be As Sharp As Feared
Neutral
Seeking Alpha
5 days ago
Freshworks Inc. (FRSH) Q4 2024 Earnings Call Transcript
Freshworks Inc. (NASDAQ:FRSH ) Q4 2024 Earnings Conference Call February 11, 2025 5:00 PM ET Company Participants Joon Huh - Head, Investor Relations Dennis Woodside - President and CEO Tyler Sloat - Chief Operating Officer and CFO Conference Call Participants Brent Bracelin - Piper Sandler David Haynes - Canaccord Genuity Elizabeth Porter - Morgan Stanley Noah Herman - JPMorgan Patrick Walravens - Citizens JMP Rob Morelli - Needham & Company Brent Thill - Jefferies Rob Oliver - Baird Ryan MacWilliams - Barclays Operator Hello. And welcome to Freshworks Fourth Quarter and Full Year 2024 Earnings Conference Call.
Freshworks Inc. (FRSH) Q4 2024 Earnings Call Transcript
Positive
Zacks Investment Research
5 days ago
Freshworks Inc. (FRSH) Q4 Earnings and Revenues Surpass Estimates
Freshworks Inc. (FRSH) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.08 per share a year ago.
Freshworks Inc. (FRSH) Q4 Earnings and Revenues Surpass Estimates
Neutral
CNBC Television
5 days ago
Companies are 'fed up' with legacy software, says Freshworks CEO on growth
Dennis Woodside, Freshworks CEO, joins 'Closing Bell Overtime' to talk quarterly results.
Companies are 'fed up' with legacy software, says Freshworks CEO on growth
Positive
Reuters
5 days ago
Freshworks forecasts annual revenue above estimates on steady software demand
Freshworks forecast annual revenue and profit above Wall Street estimates on Tuesday, betting on growing demand for its enterprise software for managing digital operations, sending its shares up 6% in extended trading.
Freshworks forecasts annual revenue above estimates on steady software demand
Neutral
GlobeNewsWire
5 days ago
Freshworks Reports Fourth Quarter and Full Year 2024 Results
SAN MATEO, Calif., Feb. 11, 2025 (GLOBE NEWSWIRE) -- Freshworks Inc. (Nasdaq: FRSH), the provider of people-first AI service software, today announced financial results for its fourth quarter and full year ended December 31, 2024.
Freshworks Reports Fourth Quarter and Full Year 2024 Results
Positive
Zacks Investment Research
2 weeks ago
Freshworks (FRSH) Upgraded to Strong Buy: Here's Why (Revised)
Freshworks (FRSH) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Freshworks (FRSH) Upgraded to Strong Buy: Here's Why (Revised)
Positive
Investors Business Daily
3 weeks ago
Freshworks Stock Gets IBD Rating Upgrade To 96
Freshworks Cl A saw an improvement in its IBD SmartSelect Composite Rating Friday, from 93 to 96. The post Freshworks Stock Gets IBD Rating Upgrade To 96 appeared first on Investor's Business Daily.
Freshworks Stock Gets IBD Rating Upgrade To 96
Positive
Zacks Investment Research
1 month ago
Freshwork (FRSH) Upgraded to Strong Buy: Here's Why
Freshwork (FRSH) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Freshwork (FRSH) Upgraded to Strong Buy: Here's Why
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