Streetbeat News

FRSH

Freshworks Inc.

https://www.freshworks.com

Industry

Software - Application

Freshworks Inc., a software development company, provides modern software-as-a-service products worldwide. Freshworks Inc. was formerly known as Freshdesk Inc. and changed its name to Freshworks Inc. in June 2017. The company was incorporated in 2010 and is headquartered in San Mateo, California.

Open

16.51

Mkt cap

5.1B

Volume

884K

High

16.95

P/E Ratio

-49.15

52-wk high

24.98

Low

16.39

Div yield

N/A

52-wk low

10.81

Freshworks has shown strong Q3 results with accelerating revenue and raised full-year guidance. The company announced layoffs of 13% of its workforce to improve margins, highlighting its strong growth and profitability balance.

Portfolio Pulse from

December 08, 2024 | 6:00 am

Freshworks has appointed Srinivasan Raghavan as its new Chief Product Officer. Raghavan, who has previously held executive roles at RingCentral, Five9, and Cisco, will focus on product innovation and scaling growth for Freshworks' AI, customer experience (CX), and employee experience (EX) solutions.

Portfolio Pulse from

December 02, 2024 | 1:15 pm

Freshwork (FRSH) has been upgraded to a Zacks Rank #2 (Buy) due to growing optimism about its earnings prospects.

Portfolio Pulse from

November 29, 2024 | 6:15 pm

Freshworks Inc. (NASDAQ: FRSH) announced that its COO and CFO, Tyler Sloat, will participate in a fireside chat at the UBS Global Technology Conference on December 3, 2024.

Portfolio Pulse from

November 26, 2024 | 1:15 pm

Freshworks (FRSH) is expected to rebound in 2025 due to low valuation and favorable economic conditions. The stock is currently trading at 26x FCF, expected to drop to 23x in 2025, making it attractive for long-term investors.

Portfolio Pulse from

November 21, 2024 | 10:45 pm

Freshwork (FRSH) shares are showing potential for upward movement due to positive revisions in earnings estimates.

Portfolio Pulse from

November 15, 2024 | 6:30 pm

Freshworks Inc (NASDAQ: FRSH) has seen a significant 50% increase in its stock price. Despite this recent surge, the company had previously experienced a 55% decline from December to October, underperforming compared to the broader market.

Portfolio Pulse from

November 15, 2024 | 1:00 pm

Freshworks' stock surged after the company reported earnings that exceeded expectations.

Portfolio Pulse from

November 07, 2024 | 7:30 pm

Freshworks has reported strong earnings and improving free cash flow, making it an attractive buy at 21x forward free cash flow. The company's affordable software solutions, including AI-driven automation, target mid-market and enterprise customers, driving growth in the EX business. Despite moderate revenue growth and competition, Freshworks' solid balance sheet and cash flow potential justify its valuation.

Portfolio Pulse from

November 07, 2024 | 12:30 pm

Freshworks Inc. (FRSH) held its Q3 2024 earnings call, discussing financial performance and future outlook.

Portfolio Pulse from

November 07, 2024 | 4:30 am

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