Analysts Set Freshworks Inc. (NASDAQ:FRSH) Price Target at $19.15

Freshworks Inc. (NASDAQ:FRSH) has received an average rating of “Hold” from the sixteen brokerages that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and six have assigned a buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $18.5385.

Several research analysts recently issued reports on FRSH shares. Oppenheimer cut their target price on shares of Freshworks from $19.00 to $18.00 and set an “outperform” rating on the stock in a research note on Thursday, January 22nd. Weiss Ratings reiterated a “sell (e+)” rating on shares of Freshworks in a report on Wednesday, October 8th. Wall Street Zen cut shares of Freshworks from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 20th. BTIG Research started coverage on Freshworks in a research note on Tuesday, December 16th. They issued a “neutral” rating for the company. Finally, Canaccord Genuity Group decreased their target price on Freshworks from $23.00 to $19.00 and set a “buy” rating for the company in a research report on Thursday, November 6th.

Insider Transactions at Freshworks

In related news, insider Mika Yamamoto sold 15,012 shares of Freshworks stock in a transaction on Friday, December 5th. The shares were sold at an average price of $13.00, for a total value of $195,156.00. Following the completion of the sale, the insider owned 490,350 shares of the company’s stock, valued at approximately $6,374,550. This trade represents a 2.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Dennis Woodside acquired 176,100 shares of the stock in a transaction on Monday, November 10th. The shares were acquired at an average price of $11.31 per share, for a total transaction of $1,991,691.00. Following the acquisition, the chief executive officer owned 2,111,517 shares of the company’s stock, valued at approximately $23,881,257.27. The trade was a 9.10% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders have sold 22,267 shares of company stock worth $282,301. Insiders own 11.17% of the company’s stock.

Institutional Investors Weigh In On Freshworks

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Amundi lifted its position in Freshworks by 1.3% in the 1st quarter. Amundi now owns 80,074 shares of the company’s stock valued at $1,049,000 after acquiring an additional 1,040 shares in the last quarter. Verdence Capital Advisors LLC lifted its holdings in shares of Freshworks by 7.4% in the second quarter. Verdence Capital Advisors LLC now owns 15,547 shares of the company’s stock valued at $232,000 after purchasing an additional 1,070 shares in the last quarter. Vanguard Personalized Indexing Management LLC boosted its position in shares of Freshworks by 11.0% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 11,694 shares of the company’s stock valued at $174,000 after buying an additional 1,160 shares during the last quarter. Inceptionr LLC boosted its position in shares of Freshworks by 3.6% during the third quarter. Inceptionr LLC now owns 33,583 shares of the company’s stock valued at $395,000 after buying an additional 1,174 shares during the last quarter. Finally, Covestor Ltd grew its holdings in Freshworks by 25.0% during the third quarter. Covestor Ltd now owns 7,393 shares of the company’s stock worth $87,000 after buying an additional 1,479 shares in the last quarter. 75.58% of the stock is owned by institutional investors.

Freshworks Price Performance

Shares of NASDAQ:FRSH opened at $10.66 on Tuesday. Freshworks has a 1 year low of $10.45 and a 1 year high of $18.78. The business’s 50-day moving average is $12.04 and its 200-day moving average is $12.29. The company has a market capitalization of $3.01 billion, a price-to-earnings ratio of -106.59 and a beta of 0.89.

Freshworks (NASDAQ:FRSH) last issued its earnings results on Wednesday, November 5th. The company reported $0.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.03. The business had revenue of $215.12 million during the quarter, compared to the consensus estimate of $208.80 million. Freshworks had a negative return on equity of 0.37% and a negative net margin of 3.65%.The firm’s revenue for the quarter was up 15.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.11 earnings per share. Freshworks has set its Q4 2025 guidance at 0.100-0.120 EPS. Analysts anticipate that Freshworks will post -0.19 EPS for the current year.

Freshworks Company Profile

Freshworks, Inc is a global provider of cloud-based customer engagement software designed to help businesses streamline customer support, sales, marketing, and IT service operations. The company’s integrated suite of solutions enables organizations of all sizes to deliver seamless experiences across multiple channels, including email, chat, phone, and social media. Freshworks’ platform is built on modern, user-friendly interfaces and offers native automation, AI-powered insights, and analytics to improve efficiency and customer satisfaction.

The company’s flagship product, Freshdesk, serves as a helpdesk solution for customer support teams, while Freshservice addresses IT service management needs.