Freshworks Inc. (FRSH)

NASDAQ: FRSH · IEX Real-Time Price · USD
13.04
+0.23 (1.80%)
At close: Jul 2, 2024, 4:00 PM
12.80
-0.24 (-1.84%)
After-hours: Jul 2, 2024, 7:42 PM EDT
1.80%
Market Cap 3.90B
Revenue (ttm) 623.88M
Net Income (ttm) -118.10M
Shares Out 298.82M
EPS (ttm) -0.41
PE Ratio n/a
Forward PE 38.22
Dividend n/a
Ex-Dividend Date n/a
Volume 2,040,909
Open 12.91
Previous Close 12.81
Day's Range 12.78 - 13.13
52-Week Range 11.90 - 24.98
Beta 0.74
Analysts Buy
Price Target 21.94 (+68.25%)
Earnings Date Jul 30, 2024

About FRSH

Freshworks Inc., a software development company, provides software-as-a-service products worldwide. It offers Freshworks Customer Service Suite, which provides automated, personalized self-service on various channels, including web, chat, mobile messaging, email, and social; Freshdesk, a ticketing-centric customer service solution; Freshsuccess, a customer success solution; and Freshchat that provides agents with a modern conversational experience to proactively engage customers across digital messaging channels. The company also provides Fresh... [Read more]

Sector Technology
IPO Date Sep 22, 2021
Employees 4,900
Stock Exchange NASDAQ
Ticker Symbol FRSH
Full Company Profile

Financial Performance

In 2023, Freshworks's revenue was $596.43 million, an increase of 19.77% compared to the previous year's $498.00 million. Losses were -$137.44 million, -40.79% less than in 2022.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for FRSH stock is "Buy." The 12-month stock price forecast is $21.94, which is an increase of 68.25% from the latest price.

Price Target
$21.94
(68.25% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Freshworks Report Reveals AI Is Delivering Strong Productivity Gains and Unlocking Higher-Value Work for Employees

More than half of knowledge workers are actively using AI at work—and driving efficiencies of nearly 24 business days of work per year More than half of knowledge workers are actively using AI at work...

5 days ago - GlobeNewsWire

Freshworks Unveils New Data Center in UAE to Serve Customers Across Middle East and Africa

DUBAI, UAE, June 27, 2024 (GLOBE NEWSWIRE) -- Freshworks Inc . (NASDAQ: FRSH) today announced the launch of its new data center, powered by Amazon Web Services (AWS), in the UAE.

5 days ago - GlobeNewsWire

Rocketlane Raises $24M in Series B to Create a Post-Sales CRM for Professional Services Teams

Rocketlane champions professional services teams, the OGs of after sales experts, with an all-in-one AI powered platform to deliver the promise of sales and removes siloed project management and ineff...

7 days ago - PRNewsWire

Freshworks Completes Acquisition of Device42

Enhances IT Asset Management Capabilities Designed to Provide Customers with a Single, Integrated Platform New Capabilities Help Customers Reduce Risk, Solve Incidents Faster SAN MATEO, Calif., June 0...

26 days ago - GlobeNewsWire

Freshworks to Participate in Upcoming Investor Conferences

SAN MATEO, Calif., May 14, 2024 (GLOBE NEWSWIRE) -- Freshworks Inc., (NASDAQ: FRSH) today announced participation in the following events:

7 weeks ago - GlobeNewsWire

Tesla, Meta, Freshworks | Top Calls

Today's top calls include Tesla, Meta and Freshworks. -------- More on Bloomberg Television and Markets Like this video?

Other symbols: METATSLA
2 months ago - Bloomberg Markets and Finance

Freshworks plunges after cutting annual revenue forecast, CEO transition

Freshworks' shares plunged nearly 30% in premarket trading on Thursday after the CRM software maker cut its full-year revenue forecast and named a new CEO.

2 months ago - Reuters

Freshworks acquires Device42 for $230M, appoints Dennis Woodside new CEO

Freshworks, the publicly listed SaaS firm, is acquiring U.S.-based startup Device42 for $230 million, the company disclosed in an SEC filing. Alongside the acquisition disclosure, Freshworks revealed ...

2 months ago - TechCrunch

Freshworks names Dennis Woodside as CEO, shares tumble

Freshworks said on Wednesday that Dennis Woodside will take over as CEO of the CRM software maker, and founder Girish Mathrubootham will be the firm's executive chairman.

2 months ago - Reuters

Freshworks Announces CEO Transition

Founder and CEO Girish Mathrubootham will transition to role of Executive Chairman, President Dennis Woodside to become Chief Executive Officer & President Founder and CEO Girish Mathrubootham will tr...

2 months ago - GlobeNewsWire

Freshworks Reports First Quarter 2024 Results

SAN MATEO, Calif., May 01, 2024 (GLOBE NEWSWIRE) -- Freshworks Inc. (NASDAQ: FRSH), a leading software company empowering businesses to delight their customers and employees, today announced financial...

2 months ago - GlobeNewsWire

Playvox Brings New Integrated Workforce Management Solutions to Freshworks Customer Service Applications

Freshworks customers can access Playvox's suite of AI-powered workforce engagement solutions to forecast workloads and better manage their workforce SUNNYVALE, Calif. , April 23, 2024 /PRNewswire/ -- ...

2 months ago - PRNewsWire

Porsche eBike Performance Accelerates IT Efficiency with Freshworks' AI-Powered Enterprise Software

BERLIN, March 20, 2024 (GLOBE NEWSWIRE) -- Freshworks Inc . (NASDAQ: FRSH) announces that Porsche eBike Performance , a Porsche subsidiary dedicated to developing pioneering electric drive systems for...

3 months ago - GlobeNewsWire

Freshworks CEO Girish Mathrubootham talks Q4 earnings beat and strong guidance

Girish Mathrubootham, Freshworks CEO, joins 'Closing Bell Overtime' to talk quarterly results after beating on top and bottom line and issuing strong guidance.

5 months ago - CNBC Television

Freshworks beats fourth quarter revenue estimates on AI-powered demand

Software firm Freshworks beat Wall Street estimates for fourth-quarter revenue on Tuesday, driven by a surge in demand for its AI-powered customer support and IT services products.

5 months ago - Reuters

Freshworks Earnings Top Estimates, Thanks to AI

Freshworks is the latest enterprise-software company to attribute strong performance in part to the rollout of new artificial-intelligence features.

5 months ago - Barrons

Freshworks Reports Fourth Quarter and Full Year 2023 Results

Full year revenue grew 20% year-over-year for both as reported and constant currency Fourth quarter revenue grew 20% year-over-year, 19% adjusting for constant currency Improved business efficiency wi...

5 months ago - GlobeNewsWire

Freshworks to Announce Fourth Quarter and Full Year 2023 Financial Results on February 6, 2024

SAN MATEO, Calif., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Freshworks Inc. (NASDAQ: FRSH) will announce its financial results for the fourth quarter and full year ended December 31, 2023 following the close...

6 months ago - GlobeNewsWire

Freshworks Announces Inducement Grant Under Listing Rule 5635(c)(4) of The Nasdaq Stock Market

SAN MATEO, Calif., Dec. 01, 2023 (GLOBE NEWSWIRE) -- Freshworks Inc. (NASDAQ: FRSH), a leading software company empowering businesses to delight their customers and employees, today announced that it ...

7 months ago - GlobeNewsWire

Freshworks Appoints Mika Yamamoto as Chief Customer and Marketing Officer

SAN MATEO, Calif., Nov. 28, 2023 (GLOBE NEWSWIRE) -- Freshworks Inc. (NASDAQ: FRSH) today announced the appointment of Mika Yamamoto as the company's Chief Customer and Marketing Officer.

7 months ago - GlobeNewsWire

On-Demand Delivery Platform Lalamove Adopts Multiple Freshworks Products to Improve Sales Efficiency in Asia and LATAM

Freshsales helps the company engage better with its business partners, improving sales conversion by 24% and Freshdesk boosts customer engagement up to 58% Freshsales helps the company engage better w...

8 months ago - GlobeNewsWire

Freshworks stands to gain from more automation, says CEO Girish Mathrubootham

Girish Mathrubootham, FreshWorks CEO, joins 'Closing Bell Overtime' to talk quarterly results, AI integration, forward looking estimates and more.

8 months ago - CNBC Television

Freshworks Reports Third Quarter 2023 Results

Third quarter revenue grew 19% year-over-year Improved business efficiency with $23.9 million in net cash provided by operating activities and $22.1 million of free cash flow in the quarter Raising fu...

8 months ago - GlobeNewsWire

Freshworks to Announce Third Quarter 2023 Financial Results on October 31, 2023

SAN MATEO, Calif., Oct. 05, 2023 (GLOBE NEWSWIRE) -- Freshworks Inc. (NASDAQ: FRSH) will announce its financial results for the third quarter ended September 30, 2023 following the close of market on ...

9 months ago - GlobeNewsWire

Freshworks Customers Using Microsoft Teams Increase Employee Experience and Productivity

Uptick in Microsoft Teams adoption among Freshservice customers helps businesses of all sizes speed up employee service management with the AI-enabled integration Uptick in Microsoft Teams adoption am...

9 months ago - GlobeNewsWire