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

16.34

Mkt cap

4.8B

Volume

4.7M

High

16.39

P/E Ratio

-46.26

52-wk high

24.98

Low

15.59

Div yield

N/A

52-wk low

10.81

Baird analyst Rob Oliver maintains an Outperform rating on Freshworks (NASDAQ:FRSH) and raises the price target from $24 to $28.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 4:45 pm

JP Morgan analyst Pinjalim Bora maintains an Overweight rating on Freshworks (NASDAQ:FRSH) and raises the price target from $21 to $25.

Portfolio Pulse from richadhand@benzinga.com

September 08, 2023 | 2:51 pm

UBS analyst Taylor McGinnis maintains a Buy rating on Freshworks (NASDAQ:FRSH) and raises the price target from $23 to $27.

Portfolio Pulse from richadhand@benzinga.com

September 08, 2023 | 2:23 pm

Scotiabank analyst Nick Altmann maintains a 'Sector Perform' rating on Freshworks (NASDAQ:FRSH) and raises the price target from $20 to $22.

Portfolio Pulse from richadhand@benzinga.com

September 08, 2023 | 1:44 pm

Credit Suisse analyst Rich Hilliker maintains a Neutral rating on Freshworks (NASDAQ:FRSH) and raises the price target from $19 to $23.

Portfolio Pulse from richadhand@benzinga.com

September 08, 2023 | 1:19 pm

In the last quarter, Freshworks (NASDAQ:FRSH) received 16 analyst ratings, with 3 being bullish, 8 somewhat bullish, and 5 indifferent. The company's average 12-month price target is $22.75, a 23.24% increase from the previous average of $18.46.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 12:00 pm

Piper Sandler analyst Brent Bracelin maintains an Overweight rating on Freshworks (NASDAQ:FRSH) and raises the price target from $27 to $28.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 9:30 am

B of A Securities analyst Adam Bergere maintains a Neutral rating on Freshworks (NASDAQ:FRSH) and raises the price target from $17 to $25.

Portfolio Pulse from jenniferd'souza@benzinga.com

August 04, 2023 | 1:21 pm

Freshworks Inc. (NASDAQ:FRSH) has launched an AI-powered Customer Service Suite, integrating self-service bots, agent-led conversational messaging, and automated ticketing management. The suite uses Freshworks' Freddy AI technology and is designed to be accessible to any company, with scalable pricing. The suite follows the June beta launch of Freddy Self Service, Copilot, and Insights, which brought generative AI enhancements to a range of Freshworks products. The company claims these enhancements have already reduced agent time required on certain tasks by over 80%.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 1:14 pm

Scotiabank analyst Nick Altmann maintains a 'Sector Perform' rating on Freshworks (NASDAQ:FRSH) and raises the price target from $14 to $20.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:03 pm

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