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Freshworks (FRSH)
NASDAQ:FRSH
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FRSH Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$10.81 - $24.98
Previous Close$15.28
Volume5.06M
Average Volume (3M)3.52M
Market Cap
$4.54B
Enterprise Value$3.51B
Total Cash (Recent Filing)$1.05B
Total Debt (Recent Filing)$25.53M
Price to Earnings (P/E)―
Beta1.75
Next Earnings
Feb 11, 2025EPS Estimate
$0.1Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.34
Shares Outstanding302,854,496
10 Day Avg. Volume6,991,257
30 Day Avg. Volume3,517,213
Standard Deviation0.12
R-Squared0.08
Alpha-0.03
Financial Highlights & Ratios
Price to Book (P/B)4.08
Price to Sales (P/S)6.62
Price to Cash Flow (P/CF)26.80
P/FCF Ratio28.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.12
Enterprise Value/Gross Profit7.12
Enterprise Value/Ebitda-38.05
Forecast
1Y Price Target
$17.91Price Target Upside8.28% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
Freshworks News
Bulls Say, Bears Say
Bulls Say
AI StrategyFreshworks' AI strategy is driving execution and starting to impact results, with increasing customer adoption of Freddy Copilot.
Customer GrowthFreshworks added roughly 800 net new customers in Q3, which was the highest level seen in four quarters.
Stock Repurchase ProgramThe company announced a $400M stock repurchase program, supported by having over $1B in balance sheet cash and being in a healthy, cash-generative position.
Bears Say
Competitive PressureThe competitive market, particularly from large public vendors, may challenge Freshworks' durable growth prospects in its core end markets.
Market ChallengesFreshworks shares have been on a steady downward slide as the company grapples with significant challenges in the SMB market, particularly in the Customer Experience Management segment, where growth has slowed.
Workforce ReductionThere is an expectation of near-term disruption with a 13% reduction in workforce, changes in go-to-market strategies, and lowered revenue estimates.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
FRSH FAQ
What was Freshworks’s price range in the past 12 months?
Freshworks lowest stock price was $10.81 and its highest was $24.98 in the past 12 months.
What is Freshworks’s market cap?
Currently, no data Available
When is Freshworks’s upcoming earnings report date?
Freshworks’s upcoming earnings report date is Feb 11, 2025 which is in 81 days.
How were Freshworks’s earnings last quarter?
Freshworks released its earnings results on Nov 06, 2024. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.078 by $0.032.
Is Freshworks overvalued?
According to Wall Street analysts Freshworks’s price is currently Undervalued.
Does Freshworks pay dividends?
Freshworks does not currently pay dividends.
What is Freshworks’s EPS estimate?
Freshworks’s EPS estimate is $0.1.
How many shares outstanding does Freshworks have?
Freshworks has 232,984,740 shares outstanding.
What happened to Freshworks’s price movement after its last earnings report?
Freshworks reported an EPS of $0.11 in its last earnings report, beating expectations of $0.078. Following the earnings report the stock price went up 28.495%.
Which hedge fund is a major shareholder of Freshworks?
Among the largest hedge funds holding Freshworks’s share is Bloom Tree Partners, LLC. It holds Freshworks’s shares valued at 8M.
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Freshworks Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$17.91 (8.28% Upside)
$17.91 (8.28% Upside)
Blogger Sentiment
Bullish
FRSH Sentiment 83%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 125.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 5.1%
Last 30 Days ▲ 12.9%
Last 30 Days ▲ 12.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-19.23%
12-Months-Change
Fundamentals
Return on Equity
-9.26%
Trailing 12-Months
Asset Growth
11.08%
Trailing 12-Months
Company Description
Freshworks
Freshworks Inc provides software as a service platform that enables small and medium-sized businesses to support customers through e-mail, phone, website, and social networks.
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FRSH Company Deck
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FRSH Earnings Call
Q3 2024
0:00 / 0:00
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FRSH Revenue Breakdown
97.73% Subscription services
2.27% Professional services
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FRSH Stock 12 Month Forecast
Average Price Target
$17.91
▲(8.28% Upside)
Technical Analysis
Best Analysts Covering FRSH
1 Year
1 Year Success Rate
6/13 ratings generated profit
1 Year Average Return
-4.42%
reiterated a buy rating 16 days ago
Copying Patrick Walravens's trades and holding each position for 1 Year would result in 46.15% of your transactions generating a profit, with an average return of -4.42% per trade.
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