Freshworks Inc. (FRSH)

Freshworks Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for Freshworks stock have an average target of 17.86, with a low estimate of 11 and a high estimate of 27. The average target predicts an increase of 46.03% from the current stock price of 12.23.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$11	$17.86	$18	$27
Change	-10.06%	+46.03%	+47.18%	+120.77%

Analyst Ratings

The average analyst rating for Freshworks stock from 14 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	May '24	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24
Strong Buy	4	4	4	4	4	4
Buy	6	6	6	6	6	5
Hold	6	6	6	6	6	5
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	16	16	16	16	16	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Michael Berg Wells Fargo	Wells Fargo	Hold Initiates $11	Hold	Initiates	$11	-10.06%	Oct 16, 2024
Brent Bracelin Piper Sandler	Piper Sandler	Buy Maintains $17 → $13	Buy	Maintains	$17 → $13	+6.30%	Oct 10, 2024
Nick Altmann Scotiabank	Scotiabank	Hold Maintains $18 → $16	Hold	Maintains	$18 → $16	+30.83%	Jul 31, 2024
Raimo Lenschow Barclays	Barclays	Hold Maintains $15 → $14	Hold	Maintains	$15 → $14	+14.47%	Jul 31, 2024
Pinjalim Bora JP Morgan	JP Morgan	Buy Maintains $19 → $17	Buy	Maintains	$19 → $17	+39.00%	Jul 31, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

724.31M

Increased by 21.44%

from 596.43M

Revenue Next Year

847.03M

Increased by 16.94%

from 724.31M

EPS This Year

0.34

from -0.47

EPS Next Year

0.41

Increased by 21.63%

from 0.34

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	172.38M	249.66M	371.02M	498.00M	596.43M	724.31M	847.03M	989.39M
Revenue Growth	127.67%	44.83%	48.61%	34.22%	19.77%	21.44%	16.94%	16.81%
EPS	-8.21	-21.03	-21.73	-0.82	-0.47	0.34	0.41	0.56
EPS Growth	-	-	-	-	-	-	21.63%	35.09%
Forward PE	-	-	-	-	-	35.91	29.52	21.85
No. Analysts	-	-	-	-	-	20	20	11

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	748.7M	888.3M	1.0B
Avg	724.3M	847.0M	989.4M
Low	694.5M	801.2M	921.7M

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	25.5%	22.6%	22.8%
Avg	21.4%	16.9%	16.8%
Low	16.4%	10.6%	8.8%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	0.37	0.49	0.65
Avg	0.34	0.41	0.56
Low	0.31	0.33	0.41

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-	44.9%	57.2%
Avg	-	21.6%	35.1%
Low	-	-3.3%	-0.6%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.