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

14.61

Mkt cap

4.5B

Volume

2.8M

High

14.99

P/E Ratio

-46.50

52-wk high

19.77

Low

14.55

Div yield

N/A

52-wk low

10.81

UBS analyst Taylor McGinnis maintains a Buy rating on Freshworks (NASDAQ:FRSH) but has lowered the price target from $27 to $22.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 6:59 pm

Barclays analyst Raimo Lenschow has maintained an Equal-Weight rating on Freshworks (NASDAQ:FRSH) and lowered the price target from $25 to $20.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 1:55 pm

Morgan Stanley analyst Elizabeth Porter has maintained an Equal-Weight rating on Freshworks (NASDAQ:FRSH) and lowered the price target from $24 to $22.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 12:43 pm

Needham analyst Scott Berg has reiterated a 'Buy' rating on Freshworks (NASDAQ:FRSH) and maintained a price target of $25.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 10:51 am

Piper Sandler analyst Brent Bracelin has reiterated an Overweight rating on Freshworks (NASDAQ:FRSH) and maintained a $24 price target.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 8:32 am

Freshworks has projected its FY23 adjusted EPS to be between $0.23 and $0.25, higher than the estimated $0.2. The company also expects its revenue to be between $593M and $595.5M, surpassing the estimated $591.21M.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 8:10 pm

Freshworks has projected its Q4 adjusted EPS to be between $0.04 and $0.06, compared to an estimate of $0.05. The company also expects its revenue to be between $156.7M and $159.3M, versus an estimate of $157.71M.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 8:09 pm

Freshworks has reported its Q3 2023 adjusted EPS at $0.08, surpassing the estimate of $0.05. The company's revenue also beat the estimate, coming in at $153.6M against the expected $150.699M.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 8:07 pm

Technology stocks are trading lower due to overall weakness in the tech sector following earnings reports from Alphabet and Texas Instruments.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 7:47 pm

In the last quarter, Freshworks (NASDAQ:FRSH) received various analyst ratings, with 3 being bullish, 13 somewhat bullish, and 9 indifferent. The average price target for the stock is $24.16, compared to its current price of $18.29, implying an upside. The average price target has increased by 18.9% over the past month.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 9:00 pm

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