Freshworks Inc. (FRSH)
NASDAQ: FRSH · Real-Time Price · USD
16.54
+1.26 (8.25%)
At close: Nov 21, 2024, 4:00 PM
16.51
-0.03 (-0.18%)
After-hours: Nov 21, 2024, 4:35 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 13.00% from the current stock price of 16.54.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 3 |
| Buy | 6 | 6 | 6 | 6 | 5 | 5 |
| Hold | 6 | 6 | 6 | 6 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 16 | 16 | 16 | 14 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $17 → $19 | Strong Buy | Maintains | $17 → $19 | +14.87% | Nov 7, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $21 → $24 | Buy | Maintains | $21 → $24 | +45.10% | Nov 7, 2024 |
| Baird | Baird | Hold Maintains $16 → $15 | Hold | Maintains | $16 → $15 | -9.31% | Nov 7, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $17 → $20 | Buy | Maintains | $17 → $20 | +20.92% | Nov 7, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $11 → $14 | Hold | Maintains | $11 → $14 | -15.36% | Nov 7, 2024 |
Financial Forecast
Revenue This Year
729.00M
from 596.43M
Increased by 22.23%
Revenue Next Year
834.03M
from 729.00M
Increased by 14.41%
EPS This Year
0.39
from -0.47
EPS Next Year
0.52
from 0.39
Increased by 33.06%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 751.9M | 886.8M | 1.0B | ||
| Avg | 729.0M | 834.0M | 951.3M | ||
| Low | 695.8M | 786.9M | 857.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 26.1% | 21.6% | 23.5% | ||
| Avg | 22.2% | 14.4% | 14.1% | ||
| Low | 16.7% | 7.9% | 2.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.42 | 0.60 | 0.74 | ||
| Avg | 0.39 | 0.52 | 0.65 | ||
| Low | 0.32 | 0.42 | 0.53 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 54.5% | 42.6% | ||
| Avg | - | 33.1% | 25.4% | ||
| Low | - | 8.8% | 2.7% |
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.