Freshworks Inc. (FRSH)

NASDAQ: FRSH · IEX Real-Time Price · USD
18.39
-0.13 (-0.73%)
Apr 25, 2024, 1:00 PM EDT - Market open
-0.73%
Market Cap 5.61B
Revenue (ttm) 596.43M
Net Income (ttm) -137.44M
Shares Out 305.89M
EPS (ttm) -0.47
PE Ratio n/a
Forward PE 59.79
Dividend n/a
Ex-Dividend Date n/a
Volume 555,997
Open 18.01
Previous Close 18.52
Day's Range 18.01 - 18.45
52-Week Range 12.22 - 24.98
Beta 0.90
Analysts Buy
Price Target 24.72 (+34.64%)
Earnings Date May 1, 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 18 analysts, the average rating for FRSH stock is "Buy." The 12-month stock price forecast is $24.72, which is an increase of 34.64% from the latest price.

Price Target
$24.72
(34.64% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 days 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...

5 weeks ago - GlobeNewsWire

Freshworks to Participate in Upcoming Investor Conferences

SAN MATEO, Calif., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Freshworks Inc., (NASDAQ: FRSH) today announced participation in the following events:

2 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.

2 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.

2 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.

2 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...

2 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...

3 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 ...

5 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.

5 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...

5 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.

6 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...

6 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 ...

7 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...

7 months ago - GlobeNewsWire

Freshworks to Participate in Piper Sandler Growth Frontiers Conference

SAN MATEO, Calif., Sept. 08, 2023 (GLOBE NEWSWIRE) -- Freshworks Inc., (NASDAQ: FRSH) today announced that Tyler Sloat, Chief Financial Officer, is scheduled to participate in a fireside chat at the P...

8 months ago - GlobeNewsWire

Freshworks CEO Mathrubootham: One of the biggest changes this quarter was the excitement around A.I.

Girish Mathrubootham, Freshworks founder and CEO, joins 'Closing Bell Overtime' to talk Freshworks' quarterly results, the A.I. boom and more.

9 months ago - CNBC Television

Freshworks Reports Second Quarter 2023 Results

San Mateo, Calif., Aug. 01, 2023 (GLOBE NEWSWIRE) -- Freshworks Inc. (NASDAQ: FRSH), a leading software company empowering businesses to delight their customers and employees, today announced financia...

9 months ago - GlobeNewsWire

Freshworks to Announce Second Quarter 2023 Financial Results on August 1, 2023

SAN MATEO, Calif., July 06, 2023 (GLOBE NEWSWIRE) -- Freshworks Inc. (NASDAQ: FRSH) will announce its financial results for the second quarter ended June 30, 2023 following the close of market on Tues...

10 months ago - GlobeNewsWire

Freshworks Unveils New Generative AI Enhancements Across Product Lines to Power Greater Business Efficiency

Freddy, Freshworks' AI assistant, continues to advance to make generative AI more accessible to employees in support, sales, marketing and IT, making their everyday work easier Freddy, Freshworks' AI ...

11 months ago - GlobeNewsWire

Freshworks CEO: AI Will Be Great Opportunity for India

Freshworks CEO Girish Mathrubootham joins Caroline Hyde and Ed Ludlow to discuss how the company's latest products are leveraging generative AI, why it is important to democratize access to the power ...

11 months ago - Bloomberg Technology

Freshworks drives digital transformation for Texas A&M University through modernized service management

Freshservice helps Texas A&M's transportation department provide students, faculty, staff and visitors with support anytime, anywhere Freshservice helps Texas A&M's transportation department provide s...

11 months ago - GlobeNewsWire

Freshworks tops revenue estimates as lower-priced offerings boost demand

Freshworks Inc beat quarterly revenue estimates on Tuesday and posted its first adjusted operating profit as more businesses sought its lower-priced customer engagement software in a tough economy.

1 year ago - Reuters

Freshworks Reports First Quarter 2023 Results

SAN MATEO, Calif., May 02, 2023 (GLOBE NEWSWIRE) -- Freshworks Inc. (NASDAQ: FRSH), a leading software company empowering businesses to delight their customers and employees, today announced financial...

1 year ago - GlobeNewsWire

Freshworks to Announce First Quarter 2023 Financial Results on May 2, 2023

SAN MATEO, Calif., April 06, 2023 (GLOBE NEWSWIRE) -- Freshworks Inc. (NASDAQ: FRSH) will announce its financial results for the first quarter ended March 31, 2023 following the close of market on Tue...

1 year ago - GlobeNewsWire