Freshworks Inc. (FRSH)

NASDAQ: FRSH · Real-Time Price · USD
15.98
-0.12 (-0.77%)
Dec 3, 2024, 12:39 PM EST - Market open
-0.77%
Market Cap 4.84B
Revenue (ttm) 685.96M
Net Income (ttm) -101.55M
Shares Out 302.85M
EPS (ttm) -0.34
PE Ratio n/a
Forward PE 33.42
Dividend n/a
Ex-Dividend Date n/a
Volume 3,264,040
Open 15.96
Previous Close 16.10
Day's Range 15.79 - 16.11
52-Week Range 10.81 - 24.98
Beta 0.90
Analysts Buy
Price Target 18.69 (+16.99%)
Earnings Date Nov 6, 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 13 analysts, the average rating for FRSH stock is "Buy." The 12-month stock price forecast is $18.69, which is an increase of 16.99% from the latest price.

Price Target
$18.69
(16.99% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Freshworks Appoints Srinivasan Raghavan as Chief Product Officer

Former executive at RingCentral, Five9 and Cisco, joins to lead product innovation and scale growth of Freshworks' AI, CX and EX solutions Former executive at RingCentral, Five9 and Cisco, joins to le...

1 day ago - GlobeNewsWire

Freshworks to Participate in UBS Global Technology Conference

SAN MATEO, Calif., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Freshworks Inc. (NASDAQ: FRSH) today announced that Tyler Sloat, Chief Operating Officer and Chief Financial Officer, is scheduled to participate i...

7 days ago - GlobeNewsWire

Freshworks: Ideal Software Option For 2025 GARP Investors

Freshworks (FRSH) has been significantly punished by the market in 2024 but is poised for a rebound in 2025 due to low valuation. Interest rate cuts and a stronger economic backdrop in 2025 will boost...

11 days ago - Seeking Alpha

Freshworks Earnings: This Stock Is Getting Ready To Inflect

Freshworks' strong earnings, improving free cash flow, and low investor expectations make it a compelling buy at 21x forward free cash flow. Freshworks' suite of affordable, user-friendly software sol...

26 days ago - Seeking Alpha

Freshworks Inc. (FRSH) Q3 2024 Earnings Call Transcript

Freshworks Inc. (FRSH) Q3 2024 Earnings Call Transcript

26 days ago - Seeking Alpha

Freshworks raises annual revenue, profit forecasts as AI boosts demand

Freshworks raised its annual revenue and profit forecasts on Wednesday following upbeat third-quarter results, as clients turn to the company's AI-driven products to manage their IT services.

26 days ago - Reuters

Freshworks Reports Third Quarter 2024 Results

SAN MATEO, Calif., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Freshworks Inc. (NASDAQ: FRSH), the provider of people-first AI service software, today announced financial results for its third quarter ended Sep...

26 days ago - GlobeNewsWire

Freshworks to Announce Third Quarter 2024 Financial Results on November 6, 2024

SAN MATEO, Calif., Oct. 14, 2024 (GLOBE NEWSWIRE) -- Freshworks Inc. (NASDAQ: FRSH) will announce its financial results for the third quarter ended September 30, 2024 following the close of market on ...

7 weeks ago - GlobeNewsWire

Freshworks: Rating Upgrade; See Potential For Growth To Sustain At Healthy Levels

I recommend a buy rating for Freshworks. FRSH's revenue growth could sustain at 20%, driven by increasing traction in growth initiatives like Freddy and Fresh Service Solutions. Risks include potentia...

2 months ago - Seeking Alpha

Freshworks: Falling Stock Disconnected From Fundamental Strength; Buy Here

Shares of Freshworks continued a sharp YTD selloff of ~50% despite posting strong Q2 results. The company enjoyed a strong "beat and raise" quarter and lifted its full-year growth outlook by 150bps, w...

4 months ago - Seeking Alpha

Freshworks Inc. (FRSH) Q2 2024 Earnings Call Transcript

Freshworks Inc. (NASDAQ:FRSH) Q2 2024 Results Earnings Conference Call July 31, 2024 5:00 PM ET Company Participants Joon Huh - Vice President, Finance, Investor Relations and Treasury Dennis Woodsid...

4 months ago - Seeking Alpha

Freshworks forecasts third-quarter revenue above estimates as AI drives strong demand

Software firm Freshworks forecast third-quarter revenue above Wall Street estimates on Tuesday, expecting a surge in demand for its AI-powered services as customers ramp up digitization.

4 months ago - Reuters

Freshworks Reports Second Quarter 2024 Results

SAN MATEO, Calif., July 30, 2024 (GLOBE NEWSWIRE) -- Freshworks Inc. (NASDAQ: FRSH), a leading software company empowering businesses to delight their customers and employees, today announced financia...

4 months ago - GlobeNewsWire

Freshworks: Diversified, Growing Software Portfolio Trading At An Attractive Price

Freshworks stock has declined sharply year to date, creating a buying opportunity. Its revenue growth has remained consistently around 20% y/y over the past few quarters. The company's slight slippage...

5 months ago - Seeking Alpha

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 months 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 months 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...

5 months 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...

6 months 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 months 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
7 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.

7 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 ...

7 months ago - TechCrunch

Freshworks Inc. (FRSH) Q1 2024 Earnings Call Transcript

Freshworks Inc. (NASDAQ:FRSH) Q1 2024 Earnings Conference Call May 1, 2024 5:00 PM ET Company Participants Joon Huh - VP, IR Girish Mathrubootham - CEO Dennis Woodside - President Tyler Sloat - CFO C...

7 months ago - Seeking Alpha

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.

7 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...

7 months ago - GlobeNewsWire