Freshworks Inc. (NASDAQ:FRSH) Receives $12.92 Consensus Price Target from Analysts

Shares of Freshworks Inc. (NASDAQ:FRSH) have been assigned a consensus rating of “Hold” from the sixteen analysts that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and six have given a buy rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $12.9167.

FRSH has been the subject of a number of research analyst reports. Zacks Research cut Freshworks from a “strong-buy” rating to a “hold” rating in a report on Monday, January 12th. Needham & Company LLC restated a “buy” rating and set a $15.00 target price on shares of Freshworks in a report on Wednesday, February 11th. Oppenheimer cut Freshworks from an “outperform” rating to a “market perform” rating in a report on Thursday, March 19th. Canaccord Genuity Group set a $14.00 target price on Freshworks in a report on Wednesday, February 11th. Finally, Robert W. Baird set a $10.00 target price on Freshworks in a report on Wednesday, February 11th.

Freshworks Trading Up 1.9%

NASDAQ FRSH opened at $8.42 on Friday. The stock has a fifty day simple moving average of $7.96 and a 200-day simple moving average of $10.38. Freshworks has a twelve month low of $6.79 and a twelve month high of $16.14. The stock has a market cap of $2.39 billion, a PE ratio of 13.16 and a beta of 0.87.

Freshworks (NASDAQ:FRSH) last announced its earnings results on Tuesday, February 10th. The company reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.03. Freshworks had a return on equity of 4.69% and a net margin of 21.90%.The company had revenue of $222.74 million during the quarter, compared to analysts’ expectations of $218.76 million. During the same period last year, the business posted $0.14 EPS. Freshworks’s revenue for the quarter was up 14.5% on a year-over-year basis. Freshworks has set its Q1 2026 guidance at 0.100-0.120 EPS and its FY 2026 guidance at 0.550-0.570 EPS. Research analysts predict that Freshworks will post -0.19 EPS for the current year.

Insider Buying and Selling

In related news, insider Mika Yamamoto sold 32,577 shares of the firm’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $8.45, for a total transaction of $275,275.65. Following the completion of the transaction, the insider directly owned 1,127,723 shares in the company, valued at $9,529,259.35. This trade represents a 2.81% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 11.17% of the stock is owned by company insiders.

Institutional Investors Weigh In On Freshworks

A number of hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in Freshworks by 3.5% in the 4th quarter. Vanguard Group Inc. now owns 27,240,469 shares of the company’s stock valued at $333,696,000 after purchasing an additional 922,549 shares in the last quarter. Eminence Capital LP raised its position in Freshworks by 39.4% in the 2nd quarter. Eminence Capital LP now owns 7,334,601 shares of the company’s stock valued at $109,359,000 after purchasing an additional 2,074,641 shares in the last quarter. Wellington Management Group LLP raised its position in Freshworks by 9.2% in the 4th quarter. Wellington Management Group LLP now owns 5,359,784 shares of the company’s stock valued at $65,657,000 after purchasing an additional 453,627 shares in the last quarter. Geode Capital Management LLC raised its position in Freshworks by 1.9% in the 4th quarter. Geode Capital Management LLC now owns 5,126,112 shares of the company’s stock valued at $62,805,000 after purchasing an additional 95,720 shares in the last quarter. Finally, State Street Corp raised its position in Freshworks by 1.2% in the 4th quarter. State Street Corp now owns 4,904,684 shares of the company’s stock valued at $60,082,000 after purchasing an additional 56,935 shares in the last quarter. Institutional investors and hedge funds own 75.58% of the company’s stock.

Freshworks Company Profile

Freshworks, Inc is a global provider of cloud-based customer engagement software designed to help businesses streamline customer support, sales, marketing, and IT service operations. The company’s integrated suite of solutions enables organizations of all sizes to deliver seamless experiences across multiple channels, including email, chat, phone, and social media. Freshworks’ platform is built on modern, user-friendly interfaces and offers native automation, AI-powered insights, and analytics to improve efficiency and customer satisfaction.

The company’s flagship product, Freshdesk, serves as a helpdesk solution for customer support teams, while Freshservice addresses IT service management needs.