12 Month Price Forecast For FRSH
Distance to FRSH Price Forecasts
FRSH Price Momentum
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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Data last updated: December 13, 2024 12:27 PM UTC
FRSH Analyst Ratings & Price Targets
Based on our analysis of 23 Wall Street analysts, FRSH has a consensus that is bullish. The median price target is $18.50, with forecasts ranging from $14.00 to $24.00. Currently, there are 10 Buy ratings, 8 Hold ratings, and 0 Sell ratings.
With FRSH currently trading at $16.89, the median price forecast suggests a 9.5% upside. The most optimistic forecast comes from Patrick Walravens at JMP Securities, projecting a 42.1% upside, while Michael Berg at Wells Fargo provides the most conservative target, suggesting a -17.1% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
FRSH Analyst Consensus
FRSH Price Target Range
Latest FRSH Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for FRSH.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Nov 7, 2024 | Wells Fargo | Michael Berg | Equal-Weight | Maintains | $14.00 |
| Nov 7, 2024 | JMP Securities | Patrick Walravens | Market Outperform | Maintains | $24.00 |
| Nov 7, 2024 | Piper Sandler | Brent Bracelin | Overweight | Maintains | $18.00 |
| Nov 7, 2024 | Canaccord Genuity | David Hynes | Buy | Maintains | $19.00 |
| Nov 7, 2024 | JP Morgan | Pinjalim Bora | Overweight | Maintains | $20.00 |
| Nov 7, 2024 | Baird | Rob Oliver | Neutral | Maintains | $15.00 |
| Nov 7, 2024 | Needham | Scott Berg | Buy | Reiterates | $20.00 |
| Oct 16, 2024 | Wells Fargo | Michael Berg | Equal-Weight | Initiates | $11.00 |
| Oct 10, 2024 | Piper Sandler | Brent Bracelin | Overweight | Maintains | $13.00 |
| Jul 31, 2024 | JP Morgan | Pinjalim Bora | Overweight | Maintains | $17.00 |
| Jul 31, 2024 | Barclays | Raimo Lenschow | Equal-Weight | Maintains | $14.00 |
| Jul 31, 2024 | Jefferies | Brent Thill | Buy | Maintains | $20.00 |
| Jul 31, 2024 | Cantor Fitzgerald | Brett Knoblauch | Overweight | Maintains | $18.00 |
| Jul 31, 2024 | Needham | Scott Berg | Buy | Reiterates | $20.00 |
| Jul 31, 2024 | Scotiabank | Nick Altmann | Sector Perform | Maintains | $16.00 |
| Jul 12, 2024 | Piper Sandler | Brent Bracelin | Overweight | Maintains | $17.00 |
| Jul 10, 2024 | Canaccord Genuity | David Hynes | Buy | Maintains | $17.00 |
| May 20, 2024 | Needham | Scott Berg | Buy | Maintains | $20.00 |
| May 8, 2024 | Needham | Scott Berg | Buy | Reiterates | $30.00 |
| May 3, 2024 | Canaccord Genuity | David Hynes | Buy | Maintains | $20.00 |
Freshworks Inc. (FRSH) Financial Data
Freshworks Inc. has a market capitalization of $5.01B with a P/E ratio of -35.9x. The company generates $685.96M in trailing twelve-month revenue with a -14.8% profit margin.
Revenue growth is +21.5% quarter-over-quarter, while maintaining an operating margin of -20.8% and return on equity of -9.3%.
Valuation Metrics
Growth & Margins
Financial Health
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Freshworks Inc. (FRSH) Company Overview
About Freshworks Inc.
Provides software-as-a-service products globally.
Freshworks operates on a subscription-based model, offering a range of SaaS products designed for customer service, sales automation, marketing, and employee engagement. Revenue is generated through monthly or annual subscriptions for its various software solutions, catering to businesses of all sizes.
Founded in 2010 and headquartered in San Mateo, California, Freshworks Inc. was previously known as Freshdesk Inc. Its suite of solutions includes tools for automated customer service, sales tracking, marketing automation, and employee service, aiming to enhance user experience and operational efficiency across different business functions.
Company Information
Sector
Technology
Industry
Software - Application
Employees
4,900
CEO
Mr. Dennis M. Woodside J.D.
Country
United States
IPO Year
2021
Website
www.freshworks.comFreshworks Inc. (FRSH) Latest News & Analysis
Freshworks Just Became Far More Shareholder-Friendly, And It's Time To Jump In
5 days agoFreshworks shares may rise after Q3 results showed accelerating revenue and an increased full-year guidance. The company is reducing headcount by ~13% to improve margins.
Freshworks' Q3 results indicate strong revenue growth and improved guidance, while layoffs aim to enhance margins. A robust balance sheet and diverse portfolio position it favorably for future performance.
Freshworks Appoints Srinivasan Raghavan as Chief Product Officer
11 days agoFreshworks appoints a former executive from RingCentral, Five9, and Cisco to drive product innovation and growth in its AI, customer experience (CX), and employee experience (EX) solutions.
The appointment of an experienced executive to lead product innovation at Freshworks signals potential growth in AI and customer experience solutions, likely boosting investor confidence and stock value.
Freshwork (FRSH) Upgraded to Buy: Here's What You Should Know
14 days agoFreshworks (FRSH) has been upgraded to a Zacks Rank #2 (Buy), indicating increased optimism about its earnings prospects, which may suggest potential for price appreciation.
The upgrade to Zacks Rank #2 indicates increased confidence in Freshwork's earnings potential, suggesting potential stock price appreciation and attracting investor interest.
Freshworks to Participate in UBS Global Technology Conference
17 days agoFreshworks Inc. COO and CFO, Tyler Sloat, will speak at the UBS Global Technology Conference on December 3, 2024, at 12:35 p.m. PT.
Tyler Sloat's participation in the UBS Global Technology Conference may provide insights into Freshworks' strategy and financial health, impacting investor sentiment and stock performance.
Freshworks: Ideal Software Option For 2025 GARP Investors
22 days agoFreshworks (FRSH) has seen a market decline in 2024 but may rebound in 2025, with an attractive valuation of 26x FCF expected to drop to 23x, benefiting from potential interest rate cuts.
Freshworks' low valuation and anticipated economic recovery in 2025 suggest potential for significant upside, making it an attractive buy for long-term growth amid favorable market conditions.
Google Parent Alphabet Sold 79% of Its Stake in Snowflake and Is Piling Into This Supercharged Artificial Intelligence (AI) Stock Instead
29 days agoIn Q3, shares of Snowflake, a cloud-data warehousing company, were notably reduced, with investors shifting focus to a rising customer relationship management (CRM) firm.
A shift in investment from Snowflake to a new CRM company indicates changing market preferences, potentially impacting Snowflake's growth prospects and valuation.
Frequently Asked Questions About FRSH Stock
What is Freshworks Inc.'s (FRSH) stock forecast for 2025?
Based on our analysis of 23 Wall Street analysts, Freshworks Inc. (FRSH) has a median price target of $18.50. The highest price target is $24.00 and the lowest is $14.00.
Is FRSH stock a good investment in 2025?
According to current analyst ratings, FRSH has 10 Buy ratings, 8 Hold ratings, and 0 Sell ratings. The stock is currently trading at $16.89. Always conduct your own research and consider your investment goals before making investment decisions.
What is the price prediction for FRSH stock?
Wall Street analysts predict FRSH stock could reach $18.50 in the next 12 months. This represents a 9.5% increase from the current price of $16.89. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Freshworks Inc.'s business model?
Freshworks operates on a subscription-based model, offering a range of SaaS products designed for customer service, sales automation, marketing, and employee engagement. Revenue is generated through monthly or annual subscriptions for its various software solutions, catering to businesses of all sizes.
What is the highest forecasted price for FRSH Freshworks Inc.?
The highest price target for FRSH is $24.00 from Patrick Walravens at JMP Securities, which represents a 42.1% increase from the current price of $16.89.
What is the lowest forecasted price for FRSH Freshworks Inc.?
The lowest price target for FRSH is $14.00 from Michael Berg at Wells Fargo, which represents a -17.1% decrease from the current price of $16.89.
What is the overall FRSH consensus from analysts for Freshworks Inc.?
The overall analyst consensus for FRSH is bullish. Out of 23 Wall Street analysts, 10 rate it as Buy, 8 as Hold, and 0 as Sell, with a median price target of $18.50.
How accurate are FRSH stock price projections?
Stock price projections, including those for Freshworks Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
