FRSH

Freshworks Inc

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Advanced Chart

12.630

-0.32(-2.471%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

13.140

Open

12.990

VWAP

12.72

Vol

4.46M

Mkt Cap

3.68B

Low

12.600

Amount

56.78M

EV/EBITDA(TTM)

Total Shares

298.82M

2.85B

EV/OCF(TTM)

14.22

P/S(TTM)

4.97

Freshworks Inc. is a software company. Its software-as-a-service (SaaS) solutions fall into two product families: Customer Experience (CX) and Employee Experience (EX). CX products include Freshdesk, Freshchat, Freshsales, and Freshmarketer. EX products include Freshservice, Freshservice for Business Teams, and Device42. The Company's generative artificial intelligence (AI) solutions, Freddy AI Agent and Freddy AI Copilot, further enhance the customer and employee experience.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2025Q4

FY2025Q3

220.20M

+12.19%

0.161

-10.52%

216.47M

+11.25%

0.103

-26.77%

208.85M

+11.94%

0.130

+17.9%

Estimates Revision

The market is revising Upward the revenue expectations for Freshworks Inc. (FRSH) for FY2025, with the revenue forecasts being adjusted by 0.9% over the past three months. During the same period, the stock price has changed by -13.26%.

Revenue Estimates for FY2025

Revise Upward

+0.9%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+1.75%

In Past 3 Month

Stock Price

Go Down

-13.26%

In Past 3 Month

12 Analyst Rating

61.20% Upside

Wall Street analysts forecast FRSH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FRSH is 20.36 USD with a low forecast of 12.00 USD and a high forecast of 27.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

9 Buy

2 Hold

1 Sell

Moderate Buy

61.20% Upside

Current: 12.630

Low

12.00

Averages

20.36

High

27.00

61.20% Upside

Current: 12.630

Low

12.00

Averages

20.36

High

27.00

Piper Sandler

Overweight

maintain

$22 -> $25

2025-07-30

Reason

Piper Sandler

Price Target

$22 -> $25

2025-07-30

maintain

Overweight

Reason

Piper Sandler raised the firm's price target on Freshworks to $25 from $22 and keeps an Overweight rating on the shares. The firm says the company exceeded Rule of 40 on Q2 upside driven by a 27% free cash flow margin. While investors remain skeptical and sentiment remains negative across the small-cap SaaS cohort that has declined 15% on average year-to-date, Freshworks is quietly executing on a plan to create an efficient and durable growth model alongside a promising new suite of AI products that grew triple-digits to $20M ARR this quarter, Piper says.

Cantor Fitzgerald

Matthew VanVliet

Overweight

initiated

$22 -> $20

2025-06-03

Reason

Cantor Fitzgerald

Matthew VanVliet

Price Target

$22 -> $20

2025-06-03

initiated

Overweight

Reason

Cantor Fitzgerald analyst Matthew VanVliet assumed coverage of Freshworks with an Overweight rating with a price target of $20, down from $22. Cantor sees shares as attractively valued given Employee Experience's robust growth runway and opportunity to drive Customer Experience margins, the analyst tells investors in a research note.

Scotiabank

Sector Perform

downgrade

$19 -> $14

2025-04-24

Reason

Scotiabank

Price Target

$19 -> $14

2025-04-24

downgrade

Sector Perform

Reason

Scotiabank lowered the firm's price target on Freshworks to $14 from $19 and keeps a Sector Perform rating on the shares. The firm is updating its price targets on stocks in the U.S. Software system in conjunction with the recent pull-back in the sector, the analyst tells investors. All eyes will be on tariff impacts, but these impacts are expected to surface in Q2 and 2H, the firm adds. The firm continues to see a favorable setup for Freshworks.

Piper Sandler

Brent Bracelin

Buy

Maintains

$24 → $20

2025-04-23

Reason

Piper Sandler

Brent Bracelin

Price Target

$24 → $20

2025-04-23

Maintains

Buy

Reason

Piper Sandler lowered the firm's price target on Freshworks to $20 from $24 and keeps an Overweight rating on the shares. The firm cut estimates and price targets across the cloud applications and analytics sector reflect increasing near-term headwinds to growth from tariff, policy, and artificial intelligence adoption hurdles. The application software names appear "battered and bruised on eroding investor sentiment" tied to moderating industry growth for the fourth straight year and AI adoption hurdles "that suggest the bloom might be coming off the AI rose," the analyst tells investors in a research note. Piper says valuation multiples have retrenched to the lowest in seven years while the tariff direct impact to software models is minor.

Wells Fargo

Michael Berg

Sell

Maintains

$13 → $11

2025-04-22

Reason

Wells Fargo

Michael Berg

Price Target

$13 → $11

2025-04-22

Maintains

Sell

Reason

Morgan Stanley

Elizabeth Porter

Hold

Maintains

$21 → $14

2025-04-16

Reason

Morgan Stanley

Elizabeth Porter

Price Target

$21 → $14

2025-04-16

Maintains

Hold

Reason

Morgan Stanley analyst Elizabeth Porter lowered the firm's price target on Freshworks to $14 from $21 and keeps an Equal Weight rating on the shares. The firm is adjusting risk/rewards for a large number of software companies as it analyzes tariff risk uncertainty and what has already been priced into shares.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Freshworks Inc (FRSH.O) is 23.04, compared to its 5-year average forward P/E of -3.54. For a more detailed relative valuation and DCF analysis to assess Freshworks Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

-3.54

Current PE

23.04

Overvalued PE

92.48

Undervalued PE

-99.55

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

-28.71

Current EV/EBITDA

16.31

Overvalued EV/EBITDA

115.04

Undervalued EV/EBITDA

-172.46

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

8.39

Current PS

4.31

Overvalued PS

13.07

Undervalued PS

3.70