Deep Dive Into Freshworks Stock: Analyst Perspectives (7 Ratings)
Portfolio Pulse from Benzinga Insights
Freshworks (NASDAQ:FRSH) has been evaluated by 7 analysts over the past three months, with a mix of bullish and bearish sentiments. The average 12-month price target has decreased by 11.26% to $16.86. Analysts have lowered their price targets, reflecting a cautious outlook. Freshworks shows strong revenue growth but lags behind industry peers, with challenges in ROE and net margin.
October 10, 2024 | 12:00 pm
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Freshworks has received mixed analyst ratings, with a decrease in the average price target to $16.86, indicating a cautious outlook. Despite strong revenue growth, the company faces challenges in ROE and net margin.
The decrease in the average price target and the lowering of price targets by multiple analysts suggest a negative short-term outlook. The company's strong revenue growth is overshadowed by challenges in ROE and net margin, which may impact investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100