Brokerages Set Freshworks Inc. (NASDAQ:FRSH) Target Price at $13.92

Shares of Freshworks Inc. (NASDAQ:FRSH) have been assigned a consensus rating of “Hold” from the sixteen analysts that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $12.9167.

FRSH has been the topic of several recent research reports. Canaccord Genuity Group set a $14.00 price target on shares of Freshworks in a research note on Wednesday, February 11th. Piper Sandler lowered their target price on Freshworks from $12.00 to $10.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 11th. UBS Group set a $11.00 target price on Freshworks in a report on Wednesday, February 11th. BTIG Research initiated coverage on Freshworks in a research note on Tuesday, December 16th. They issued a “neutral” rating for the company. Finally, Citizens Jmp lowered their price target on Freshworks from $27.00 to $16.00 and set a “market outperform” rating on the stock in a research report on Wednesday, February 11th.

Freshworks Trading Down 7.8%

FRSH stock opened at $6.88 on Friday. The stock has a 50-day moving average price of $10.66 and a two-hundred day moving average price of $11.67. Freshworks has a 1 year low of $6.79 and a 1 year high of $17.69. The stock has a market cap of $1.94 billion, a PE ratio of 10.75 and a beta of 0.89.

Freshworks (NASDAQ:FRSH) last released its quarterly earnings results on Tuesday, February 10th. The company reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.03. Freshworks had a return on equity of 4.77% and a net margin of 21.90%.The firm had revenue of $222.74 million during the quarter, compared to the consensus estimate of $218.76 million. During the same quarter in the prior year, the firm posted $0.14 EPS. The business’s revenue was up 14.5% on a year-over-year basis. Freshworks has set its Q1 2026 guidance at 0.100-0.120 EPS and its FY 2026 guidance at 0.550-0.570 EPS. On average, analysts forecast that Freshworks will post -0.19 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Mika Yamamoto sold 15,012 shares of Freshworks stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $13.00, for a total transaction of $195,156.00. Following the completion of the transaction, the insider owned 490,350 shares in the company, valued at approximately $6,374,550. This trade represents a 2.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Philippa Lawrence sold 5,846 shares of the business’s stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $12.06, for a total value of $70,502.76. Following the transaction, the chief accounting officer directly owned 392,711 shares in the company, valued at approximately $4,736,094.66. This trade represents a 1.47% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 21,623 shares of company stock valued at $274,540. Corporate insiders own 11.17% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in FRSH. Vanguard Group Inc. boosted its position in Freshworks by 3.5% during the fourth quarter. Vanguard Group Inc. now owns 27,240,469 shares of the company’s stock worth $333,696,000 after purchasing an additional 922,549 shares during the period. Eminence Capital LP raised its position in shares of Freshworks by 39.4% in the second quarter. Eminence Capital LP now owns 7,334,601 shares of the company’s stock valued at $109,359,000 after purchasing an additional 2,074,641 shares during the period. Wellington Management Group LLP lifted its stake in shares of Freshworks by 9.2% during the 4th quarter. Wellington Management Group LLP now owns 5,359,784 shares of the company’s stock worth $65,657,000 after buying an additional 453,627 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Freshworks by 1.9% during the 4th quarter. Geode Capital Management LLC now owns 5,126,112 shares of the company’s stock worth $62,805,000 after buying an additional 95,720 shares during the period. Finally, State Street Corp grew its stake in Freshworks by 1.2% in the 4th quarter. State Street Corp now owns 4,904,684 shares of the company’s stock valued at $60,082,000 after buying an additional 56,935 shares during the last quarter. 75.58% of the stock is owned by institutional investors and hedge funds.

About Freshworks

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.