Freshworks Inc. (NASDAQ:FRSH) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Freshworks Inc. (NASDAQ:FRSHGet Free Report) have been given a consensus rating of “Hold” by the fifteen brokerages that are presently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $12.1818.

FRSH has been the topic of several recent research reports. Morgan Stanley dropped their price target on Freshworks from $15.00 to $13.00 and set an “equal weight” rating on the stock in a research note on Monday, May 11th. Cantor Fitzgerald dropped their price target on Freshworks from $15.00 to $12.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 11th. Piper Sandler dropped their price target on Freshworks from $12.00 to $10.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 11th. Wall Street Zen downgraded Freshworks from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Finally, Zacks Research raised Freshworks from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 7th.

Read Our Latest Research Report on FRSH

Institutional Trading of Freshworks

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Optiver Holding B.V. raised its holdings in Freshworks by 277.1% during the first quarter. Optiver Holding B.V. now owns 6,211 shares of the company’s stock worth $50,000 after acquiring an additional 4,564 shares in the last quarter. Caerus Investment Advisors LLC bought a new stake in Freshworks during the first quarter worth about $142,000. Lavelle Capital LP bought a new stake in Freshworks during the first quarter worth about $1,217,000. Essential Partners LLC raised its holdings in Freshworks by 76.9% during the first quarter. Essential Partners LLC now owns 11,218 shares of the company’s stock worth $90,000 after acquiring an additional 4,876 shares in the last quarter. Finally, Bank of America Corp DE raised its holdings in Freshworks by 1.4% during the first quarter. Bank of America Corp DE now owns 2,128,268 shares of the company’s stock worth $17,090,000 after acquiring an additional 30,395 shares in the last quarter. Institutional investors own 75.58% of the company’s stock.

Freshworks Price Performance

FRSH opened at $9.45 on Monday. The business’s 50-day moving average price is $8.66 and its two-hundred day moving average price is $9.81. Freshworks has a 1 year low of $6.79 and a 1 year high of $16.05. The company has a market capitalization of $2.61 billion, a price-to-earnings ratio of 15.24 and a beta of 0.89.

Freshworks (NASDAQ:FRSHGet Free Report) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.11 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.11. Freshworks had a return on equity of 4.27% and a net margin of 20.69%.The firm had revenue of $228.63 million for the quarter, compared to the consensus estimate of $223.64 million. During the same quarter last year, the business posted $0.18 EPS. The company’s revenue for the quarter was up 16.5% on a year-over-year basis. Freshworks has set its FY 2026 guidance at 0.610-0.630 EPS and its Q2 2026 guidance at 0.130-0.130 EPS. Sell-side analysts anticipate that Freshworks will post -0.02 earnings per share for the current fiscal year.

About Freshworks

(Get Free Report)

Freshworks, Inc is a global provider of cloud-based customer engagement software designed to help businesses streamline customer support, sales, marketing, and IT service operations. The company’s integrated suite of solutions enables organizations of all sizes to deliver seamless experiences across multiple channels, including email, chat, phone, and social media. Freshworks’ platform is built on modern, user-friendly interfaces and offers native automation, AI-powered insights, and analytics to improve efficiency and customer satisfaction.

The company’s flagship product, Freshdesk, serves as a helpdesk solution for customer support teams, while Freshservice addresses IT service management needs.

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Analyst Recommendations for Freshworks (NASDAQ:FRSH)

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