Wells Fargo sees Freshworks price hikes adding three points to FY26 growth

Wells Fargo notes that Freshworks (FRSH) recently changed the pricing for its Freshdesk plans, with almost every tier getting a double-digit percentage price increase. Wells estimates that the pricing changes could potentially contribute about three percentage points of growth in FY26. Further, the firm believes the list price increase reflects the additional features added to Freshdesk product line. Wells has an Equal Weight rating with a price target of $13 on the shares.