Freshworks Inc. (NASDAQ:FRSH) Receives Average Rating of “Hold” from Brokerages

Shares of Freshworks Inc. (NASDAQ:FRSH) have earned an average recommendation of “Hold” from the sixteen ratings firms that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have assigned a buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $12.9167.

A number of research firms have commented on FRSH. BTIG Research initiated coverage on shares of Freshworks in a report on Tuesday, December 16th. They issued a “neutral” rating for the company. Jefferies Financial Group cut Freshworks from a “buy” rating to a “hold” rating and lowered their target price for the stock from $20.00 to $8.00 in a report on Monday. Cantor Fitzgerald cut their price target on Freshworks from $15.00 to $12.00 and set an “overweight” rating for the company in a report on Wednesday, February 11th. Canaccord Genuity Group set a $14.00 price objective on Freshworks in a research report on Wednesday, February 11th. Finally, UBS Group set a $11.00 price objective on Freshworks in a research note on Wednesday, February 11th.

Freshworks Stock Performance

Shares of FRSH stock opened at $7.28 on Friday. Freshworks has a fifty-two week low of $6.79 and a fifty-two week high of $17.69. The stock’s fifty day moving average is $10.45 and its two-hundred day moving average is $11.61. The firm has a market capitalization of $2.05 billion, a P/E ratio of 11.38 and a beta of 0.89.

Freshworks (NASDAQ:FRSH) last released its earnings results on Tuesday, February 10th. The company reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.03. The business had revenue of $222.74 million during the quarter, compared to analyst estimates of $218.76 million. Freshworks had a net margin of 21.90% and a return on equity of 4.77%. The company’s revenue for the quarter was up 14.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.14 earnings per share. Freshworks has set its Q1 2026 guidance at 0.100-0.120 EPS and its FY 2026 guidance at 0.550-0.570 EPS. On average, equities analysts forecast that Freshworks will post -0.19 earnings per share for the current year.

Insider Transactions at Freshworks

In related news, CAO Philippa Lawrence sold 5,846 shares of the firm’s stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $12.06, for a total transaction of $70,502.76. Following the completion of the sale, the chief accounting officer directly owned 392,711 shares in the company, valued at approximately $4,736,094.66. This trade represents a 1.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Mika Yamamoto sold 15,012 shares of the business’s stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $13.00, for a total transaction of $195,156.00. Following the completion of the transaction, the insider owned 490,350 shares in the company, valued at $6,374,550. The trade was a 2.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 21,623 shares of company stock valued at $274,540 in the last three months. 11.17% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Freshworks

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FRSH. Royal Bank of Canada lifted its stake in shares of Freshworks by 120.8% in the 1st quarter. Royal Bank of Canada now owns 21,388 shares of the company’s stock valued at $302,000 after purchasing an additional 11,703 shares during the last quarter. Amundi raised its holdings in Freshworks by 1.3% in the 1st quarter. Amundi now owns 80,074 shares of the company’s stock valued at $1,049,000 after buying an additional 1,040 shares during the period. Goldman Sachs Group Inc. lifted its position in Freshworks by 35.1% in the first quarter. Goldman Sachs Group Inc. now owns 2,225,056 shares of the company’s stock valued at $31,396,000 after buying an additional 578,628 shares during the last quarter. Woodline Partners LP boosted its stake in Freshworks by 13.5% during the first quarter. Woodline Partners LP now owns 21,569 shares of the company’s stock worth $304,000 after buying an additional 2,571 shares during the period. Finally, Focus Partners Wealth increased its position 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 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.