Freshworks Inc. (NASDAQ:FRSH) Given Average Rating of “Hold” by Analysts

Shares of Freshworks Inc. (NASDAQ:FRSH) have received a consensus rating of “Hold” from the fifteen analysts that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $12.1818.

FRSH has been the subject of a number of research analyst reports. Citigroup restated a “market outperform” rating on shares of Freshworks in a research report on Tuesday, June 2nd. Weiss Ratings cut Freshworks from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday, May 7th. Morgan Stanley dropped their price objective on Freshworks from $15.00 to $13.00 and set an “equal weight” rating on the stock in a research note on Monday, May 11th. Wall Street Zen lowered Freshworks from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Finally, Zacks Research cut Freshworks from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 10th.

Freshworks Trading Up 1.5%

FRSH stock opened at $11.05 on Tuesday. Freshworks has a 52 week low of $6.79 and a 52 week high of $15.06. The company has a market capitalization of $3.05 billion, a price-to-earnings ratio of 17.82 and a beta of 0.88. The firm’s 50-day moving average is $9.63 and its two-hundred day moving average is $9.25.

Freshworks (NASDAQ:FRSH) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.11 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.11. Freshworks had a net margin of 20.69% and a return on equity of 4.27%. The business had revenue of $228.63 million during the quarter, compared to analysts’ expectations of $223.63 million. During the same period last year, the firm posted $0.18 earnings per share. The business’s revenue was up 16.5% on a year-over-year basis. Freshworks has set its FY 2026 guidance at 0.610-0.630 EPS and its Q2 2026 guidance at 0.130-0.130 EPS. On average, equities research analysts predict that Freshworks will post -0.02 earnings per share for the current year.

Insider Buying and Selling at Freshworks

In other Freshworks news, CAO Philippa Lawrence sold 3,470 shares of the company’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $10.13, for a total value of $35,151.10. Following the completion of the sale, the chief accounting officer directly owned 456,144 shares of the company’s stock, valued at approximately $4,620,738.72. This represents a 0.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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. Also, Director Jennifer H. Taylor sold 6,618 shares of the firm’s stock in a transaction dated Thursday, July 2nd. The shares were sold at an average price of $10.44, for a total transaction of $69,091.92. Following the transaction, the director owned 62,673 shares of the company’s stock, valued at approximately $654,306.12. This trade represents a 9.55% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 27,236 shares of company stock valued at $270,331. 8.54% of the stock is owned by insiders.

Institutional Trading of Freshworks

A number of large investors have recently added to or reduced their stakes in the business. Summit Securities Group LLC acquired a new position in Freshworks in the fourth quarter worth approximately $26,000. IFP Advisors Inc lifted its position in shares of 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 acquiring an additional 1,948 shares during the last quarter. Cullen Frost Bankers Inc. acquired a new stake in shares of Freshworks during the 4th quarter valued at $36,000. Allworth Financial LP boosted its stake in shares of Freshworks by 479.9% during the 4th quarter. Allworth Financial LP now owns 3,201 shares of the company’s stock worth $39,000 after acquiring an additional 2,649 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of Freshworks by 427.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,479 shares of the company’s stock worth $67,000 after acquiring an additional 3,630 shares in the last quarter. 75.58% of the stock is currently owned by institutional investors.

About Freshworks

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.