Freshworks Inc. (NASDAQ:FRSH) Given Consensus Recommendation of “Hold” by Analysts

Shares of Freshworks Inc. (NASDAQ:FRSHGet Free Report) have been assigned a consensus recommendation of “Hold” from the sixteen ratings firms that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $13.9167.

FRSH has been the subject of several research reports. Cantor Fitzgerald decreased their price objective on shares of Freshworks from $15.00 to $12.00 and set an “overweight” rating for the company in a report on Wednesday, February 11th. BTIG Research initiated coverage on shares of Freshworks in a research note on Tuesday, December 16th. They issued a “neutral” rating for the company. Oppenheimer set a $15.00 price objective on shares of Freshworks in a report on Wednesday, February 11th. Canaccord Genuity Group set a $14.00 target price on Freshworks in a report on Wednesday, February 11th. Finally, Wells Fargo & Company decreased their target price on Freshworks from $13.00 to $10.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 11th.

Read Our Latest Research Report on FRSH

Freshworks Stock Performance

NASDAQ FRSH opened at $7.46 on Friday. The stock has a market cap of $2.10 billion, a P/E ratio of 11.66 and a beta of 0.89. Freshworks has a fifty-two week low of $6.79 and a fifty-two week high of $18.02. The stock has a 50 day simple moving average of $10.77 and a two-hundred day simple moving average of $11.74.

Freshworks (NASDAQ:FRSHGet Free Report) last announced its earnings results on Tuesday, February 10th. The company reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.03. Freshworks had a return on equity of 4.77% and a net margin of 21.90%.The company had revenue of $222.74 million during the quarter, compared to the consensus estimate of $218.76 million. During the same quarter in the prior year, the company earned $0.14 earnings per share. The firm’s revenue for the quarter was up 14.5% on a year-over-year basis. Freshworks has set its Q1 2026 guidance at 0.100-0.120 EPS and its FY 2026 guidance at 0.550-0.570 EPS. Sell-side analysts predict that Freshworks will post -0.19 earnings per share for the current year.

Insider Activity

In other Freshworks news, CAO Philippa Lawrence sold 5,846 shares of the business’s stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $12.06, for a total value of $70,502.76. Following the sale, the chief accounting officer directly owned 392,711 shares of the company’s stock, valued at approximately $4,736,094.66. The trade was a 1.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Mika Yamamoto sold 15,012 shares of the stock in a transaction on Friday, December 5th. The stock was sold at an average price of $13.00, for a total value of $195,156.00. Following the completion of the sale, the insider directly owned 490,350 shares in the company, valued at approximately $6,374,550. This represents a 2.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 21,623 shares of company stock worth $274,540 in the last three months. 11.17% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Freshworks

A number of institutional investors have recently made changes to their positions in FRSH. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in shares of Freshworks during the second quarter valued at approximately $25,000. IFP Advisors Inc boosted its stake in Freshworks by 954.9% during the 4th quarter. IFP Advisors Inc now owns 2,152 shares of the company’s stock valued at $26,000 after purchasing an additional 1,948 shares during the last quarter. Summit Securities Group LLC bought a new stake in shares of Freshworks in the 4th quarter worth $26,000. Meeder Asset Management Inc. purchased a new stake in shares of Freshworks during the third quarter valued at $27,000. Finally, Rothschild Investment LLC increased its holdings in Freshworks by 560.0% in the 3rd quarter. Rothschild Investment LLC now owns 2,277 shares of the company’s stock worth $27,000 after buying an additional 1,932 shares in the last quarter. Hedge funds and other institutional investors own 75.58% of the company’s stock.

About Freshworks

(Get Free Report)

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.

See Also

Analyst Recommendations for Freshworks (NASDAQ:FRSH)

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