Brokerages Set Freshworks Inc. (NASDAQ:FRSH) Target Price at $12.18

Freshworks Inc. (NASDAQ:FRSH) has been given a consensus rating of “Hold” by the fifteen analysts that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $12.1818.

FRSH has been the topic of a number of recent analyst reports. Wall Street Zen downgraded shares of Freshworks from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Zacks Research raised shares of Freshworks from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. Oppenheimer downgraded shares of Freshworks from an “outperform” rating to a “market perform” rating in a research note on Thursday, March 19th. Citigroup reaffirmed a “market outperform” rating on shares of Freshworks in a report on Tuesday, June 2nd. Finally, Morgan Stanley cut their target price on Freshworks from $15.00 to $13.00 and set an “equal weight” rating on the stock in a research report on Monday, May 11th.

Freshworks Price Performance

FRSH opened at $10.34 on Friday. Freshworks has a 12 month low of $6.79 and a 12 month high of $15.47. The stock has a market capitalization of $2.86 billion, a price-to-earnings ratio of 16.68 and a beta of 0.88. The business has a fifty day moving average price of $9.16 and a 200 day moving average price of $9.41.

Freshworks (NASDAQ:FRSH) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.11 EPS for the quarter, meeting analysts’ consensus estimates of $0.11. The company had revenue of $228.63 million for the quarter, compared to the consensus estimate of $223.63 million. Freshworks had a net margin of 20.69% and a return on equity of 4.27%. The company’s quarterly revenue was up 16.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.18 EPS. Freshworks has set its FY 2026 guidance at 0.610-0.630 EPS and its Q2 2026 guidance at 0.130-0.130 EPS. On average, research analysts anticipate that Freshworks will post -0.02 earnings per share for the current year.

Insiders Place Their Bets

In other Freshworks news, CAO Philippa Lawrence sold 10,530 shares of the business’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $9.18, for a total value of $96,665.40. Following the completion of the sale, the chief accounting officer owned 465,823 shares in the company, valued at approximately $4,276,255.14. The trade was a 2.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Barry L. Padgett sold 6,618 shares of the stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $10.49, for a total value of $69,422.82. Following the completion of the sale, the director directly owned 47,270 shares of the company’s stock, valued at $495,862.30. The trade was a 12.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 23,766 shares of company stock valued at $235,180 over the last quarter. Company insiders own 8.54% of the company’s stock.

Institutional Trading of Freshworks

A number of large investors have recently bought and sold shares of FRSH. Amundi raised its holdings in Freshworks by 1.3% during the 1st quarter. Amundi now owns 80,074 shares of the company’s stock worth $1,049,000 after buying an additional 1,040 shares during the period. Inceptionr LLC boosted its holdings in shares of Freshworks by 3.6% in the third quarter. Inceptionr LLC now owns 33,583 shares of the company’s stock worth $395,000 after buying an additional 1,174 shares during the period. Moody National Bank Trust Division increased its position in shares of Freshworks by 4.1% in the fourth quarter. Moody National Bank Trust Division now owns 46,695 shares of the company’s stock worth $572,000 after acquiring an additional 1,823 shares in the last quarter. IFP Advisors Inc increased its position in shares of Freshworks by 954.9% in the fourth quarter. IFP Advisors Inc now owns 2,152 shares of the company’s stock worth $26,000 after acquiring an additional 1,948 shares in the last quarter. Finally, Focus Partners Wealth raised its holdings in shares of Freshworks by 20.2% during the first quarter. Focus Partners Wealth now owns 12,399 shares of the company’s stock valued at $175,000 after acquiring an additional 2,086 shares during the period. 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.