Freshworks Inc. (FRSH)
NASDAQ: FRSH · Real-Time Price · USD
15.33
-0.07 (-0.45%)
At close: Dec 20, 2024, 4:00 PM
15.88
+0.55 (3.59%)
After-hours: Dec 20, 2024, 6:36 PM EST
Freshworks Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for Freshworks stock have an average target of 18.69, with a low estimate of 14 and a high estimate of 27. The average target predicts an increase of 21.92% from the current stock price of 15.33.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Freshworks stock from 13 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 3 | 3 |
| Buy | 6 | 6 | 6 | 5 | 5 | 5 |
| Hold | 6 | 6 | 6 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 16 | 16 | 14 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $20 | Strong Buy | Reiterates | $20 | +30.46% | Dec 17, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $17 → $19 | Strong Buy | Maintains | $17 → $19 | +23.94% | Nov 7, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $21 → $24 | Buy | Maintains | $21 → $24 | +56.56% | Nov 7, 2024 |
| Baird | Baird | Hold Maintains $16 → $15 | Hold | Maintains | $16 → $15 | -2.15% | Nov 7, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $17 → $20 | Buy | Maintains | $17 → $20 | +30.46% | Nov 7, 2024 |
Financial Forecast
Revenue This Year
729.69M
from 596.43M
Increased by 22.34%
Revenue Next Year
830.51M
from 729.69M
Increased by 13.82%
EPS This Year
0.40
from -0.47
EPS Next Year
0.53
from 0.40
Increased by 32.40%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 752.7M | 870.0M | 992.3M | ||
| Avg | 729.7M | 830.5M | 940.3M | ||
| Low | 699.8M | 786.9M | 857.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 26.2% | 19.2% | 19.5% | ||
| Avg | 22.3% | 13.8% | 13.2% | ||
| Low | 17.3% | 7.8% | 3.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.42 | 0.60 | 0.74 | ||
| Avg | 0.40 | 0.53 | 0.66 | ||
| Low | 0.37 | 0.46 | 0.57 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 50.7% | 40.7% | ||
| Avg | - | 32.4% | 24.6% | ||
| Low | - | 15.9% | 8.1% |
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.