Freshworks Inc. (NASDAQ:FRSH) Stock Has Average Target Price of $14.46

Shares of Freshworks Inc. (NASDAQ:FRSH) have earned a consensus rating of “Moderate Buy” from the sixteen analysts that are presently covering the stock, Marketbeat Ratings reports. Eight research analysts have rated the stock with a hold recommendation, seven have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among analysts that have covered the stock in the last year is $14.46.

A number of analysts have recently issued reports on FRSH shares. Robert W. Baird set a $13.00 price target on shares of Freshworks in a research report on Wednesday, August 5th. Piper Sandler boosted their price objective on shares of Freshworks from $10.00 to $12.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. KeyCorp initiated coverage on shares of Freshworks in a research note on Monday, September 14th. They issued an “overweight” rating and a $18.00 price objective on the stock. Zacks Research downgraded shares of Freshworks from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 10th. Finally, Wall Street Zen raised shares of Freshworks from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th.

Freshworks Trading Up 4.1%

Shares of FRSH stock opened at $13.76 on Friday. The company has a market capitalization of $3.59 billion, a price-to-earnings ratio of 21.50, a P/E/G ratio of 8.81 and a beta of 0.90. Freshworks has a 1-year low of $6.79 and a 1-year high of $14.37. The stock’s fifty day simple moving average is $12.57 and its 200-day simple moving average is $10.36.

Freshworks (NASDAQ:FRSH) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.04. Freshworks had a return on equity of 5.52% and a net margin of 20.49%.The firm had revenue of $237.38 million during the quarter, compared to the consensus estimate of $233.62 million. During the same period in the prior year, the business earned $0.18 EPS. The business’s revenue for the quarter was up 16.0% on a year-over-year basis. Freshworks has set its FY 2026 guidance at 0.660-0.680 EPS and its Q3 2026 guidance at 0.180-0.180 EPS. On average, sell-side analysts predict that Freshworks will post 0.05 EPS for the current year.

Freshworks News Summary

Here are the key news stories impacting Freshworks this week:

• Positive Sentiment: Freshworks will join the S&P SmallCap 600, replacing BioLife Solutions following its acquisition. The inclusion may bring incremental demand from passive investment funds and improve the stock’s visibility. Freshworks to Join S&P SmallCap 600
• Positive Sentiment: The index announcement drove strong investor interest, with Freshworks emerging among the session’s biggest stock movers and reaching a new one-year high. The move also places the shares above their 50-day and 200-day moving averages, signaling positive momentum. Why Freshworks Stock Bumped Higher Today
• Neutral Sentiment: Freshworks’ latest quarterly results exceeded analyst expectations, with adjusted EPS of $0.17 versus $0.13 expected and revenue of $237.4 million versus $233.6 million expected. Revenue grew 16% year over year, although the current rally appears primarily tied to the index inclusion rather than new earnings news.
• Neutral Sentiment: Analyst sentiment remains moderately positive: the consensus rating is “Moderate Buy,” with an average price target of $14.46. However, the shares’ advance toward that target may limit near-term upside unless estimates improve.
• Negative Sentiment: Chief Accounting Officer Philippa Lawrence sold 3,492 shares for approximately $45,326 under a pre-arranged Rule 10b5-1 plan to cover tax withholding on vested equity awards. The sale reduced her holdings by only 0.91% and therefore appears to be a limited signal of insider sentiment. SEC insider transaction filing

Insider Buying and Selling at Freshworks

In related news, CAO Philippa Lawrence sold 52,767 shares of the stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of $13.25, for a total transaction of $699,162.75. Following the completion of the sale, the chief accounting officer directly owned 389,296 shares in the company, valued at approximately $5,158,172. This trade represents a 11.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 8.54% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of FRSH. Nykredit A S acquired a new position in Freshworks during the second quarter valued at approximately $28,000. IFP Advisors Inc lifted its stake in shares of Freshworks by 51.6% in the second quarter. IFP Advisors Inc now owns 8,120 shares of the company’s stock worth $82,000 after buying an additional 2,765 shares during the last quarter. Meeder Asset Management Inc. boosted its holdings in shares of Freshworks by 164.0% during the 1st quarter. Meeder Asset Management Inc. now owns 6,156 shares of the company’s stock worth $49,000 after buying an additional 3,824 shares during the period. Summit Securities Group LLC boosted its holdings in shares of Freshworks by 186.3% during the 1st quarter. Summit Securities Group LLC now owns 6,043 shares of the company’s stock worth $49,000 after buying an additional 3,932 shares during the period. Finally, Optiver Holding B.V. grew its stake in Freshworks by 277.1% in the 1st quarter. Optiver Holding B.V. now owns 6,211 shares of the company’s stock valued at $50,000 after buying an additional 4,564 shares during the last quarter. 75.58% of the stock is owned by institutional investors and hedge funds.

About Freshworks

Freshworks Inc (NASDAQ:FRSH) develops cloud-based software designed to help businesses manage customer and employee experiences. Its products are intended for organizations of various sizes and emphasize ease of use, rapid deployment and integration with other business applications.

The company’s product portfolio includes Freshdesk for customer support and service management, Freshservice for IT service management, Freshsales for customer relationship management, Freshchat for messaging and conversational engagement, and Freshmarketer for marketing automation and optimization.