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

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

Piper Sandler analyst Brent Bracelin has maintained an Overweight rating on Freshworks (NASDAQ:FRSH), but lowered the price target from $28 to $24.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 6:56 pm

Cantor Fitzgerald analyst Brett Knoblauch has reiterated an Overweight rating on Freshworks (NASDAQ:FRSH) and maintained a $25 price target.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 4:02 pm

JMP Securities analyst Patrick Walravens has reiterated a Market Outperform rating on Freshworks (NASDAQ:FRSH) and maintained a $25 price target.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 12:16 pm

Jefferies has maintained its Hold rating for Freshworks (NASDAQ:FRSH) and increased its price target from $23.00 to $24.00. Freshworks' shares are currently trading up 2.47% at $22.44 per share. A move to $24.00 would represent a 6.95% increase from the current share price.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 5:00 pm

Jefferies analyst Brent Thill has maintained a 'Hold' rating on Freshworks (NASDAQ:FRSH) and raised the price target from $23 to $24.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 3:16 pm

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

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 2:35 pm

Oppenheimer analyst Brian Schwartz maintains an Outperform rating on Freshworks (NASDAQ:FRSH) and raises the price target from $23 to $26.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 7:09 pm

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

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 7:01 pm

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