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Freshworks (FRSH)
NASDAQ:FRSH
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FRSH Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$10.96 - $24.98
Previous Close$11.95
Volume1.60M
Average Volume (3M)2.33M
Market Cap
$3.61B
Enterprise Value$2.62B
Total Cash (Recent Filing)$1.02B
Total Debt (Recent Filing)$27.68M
Price to Earnings (P/E)―
Beta1.61
Next Earnings
Oct 29, 2024EPS Estimate
$0.08Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.35
Shares Outstanding302,090,804
10 Day Avg. Volume2,198,952
30 Day Avg. Volume2,325,855
Standard Deviation0.13
R-Squared0.09
Alpha-0.03
Financial Highlights & Ratios
Price to Book (P/B)4.21
Price to Sales (P/S)5.36
Price to Cash Flow (P/CF)25.20
P/FCF Ratio27.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.01
Enterprise Value/Gross Profit5.31
Enterprise Value/Ebitda-25.44
Forecast
1Y Price Target
$17.45Price Target Upside46.03% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Freshworks News
PremiumCompany Announcements
Freshworks CPO Resigns for New Opportunities
PremiumCompany Announcements
Freshworks Appoints New CAO and Expands CFO Role
Bulls Say, Bears Say
Bulls Say
AI AdoptionFreddy CoPilot AI has exceeded internal expectations in the quarter and a half since it’s been GA and pricing has held up well.
Customer GrowthTotal Customers 68,800 (+5% yr-yr; +4% organic); added +1,300 customers sequentially with around half coming from Device42.
Earnings And Financial PerformanceFreshworks reported better-than-expected results, with non-GAAP EPS of $0.08 on revenue of $174M, up 20% year-over-year.
Bears Say
Competitive LandscapeThe CX business remains sluggish, in part due to macro headwinds, but also likely due to that fact that the space is highly competitive and presumably much further along from a market penetration perspective.
Revenue GuidanceFull-year revenue guide slightly lowered when excluding Device42 acquisition.
Sales ExecutionSales execution is required to hit the guide.
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Ownership Overview
15.48% Insiders
27.48% Mutual Funds
54.17% Other Institutional Investors
2.86% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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FRSH FAQ
What was Freshworks’s price range in the past 12 months?
Freshworks lowest stock price was $10.96 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 Oct 29, 2024 which is in 66 days.
How were Freshworks’s earnings last quarter?
Freshworks released its earnings results on Jul 30, 2024. The company reported $0.08 earnings per share for the quarter, beating the consensus estimate of $0.063 by $0.017.
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 $0.08.
How many shares outstanding does Freshworks have?
Freshworks has 222,762,770 shares outstanding.
What happened to Freshworks’s price movement after its last earnings report?
Freshworks reported an EPS of $0.08 in its last earnings report, beating expectations of $0.063. Following the earnings report the stock price went down -5.873%.
Which hedge fund is a major shareholder of Freshworks?
Among the largest hedge funds holding Freshworks’s share is Generation Investment Management LLP. It holds Freshworks’s shares valued at 9M.
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Freshworks Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$17.45 (46.03% Upside)
$17.45 (46.03% Upside)
Blogger Sentiment
Bullish
FRSH Sentiment 88%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 559.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.7%
Last 30 Days ▲ 9.2%
Last 30 Days ▲ 9.2%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-42.52%
12-Months-Change
Fundamentals
Return on Equity
-9.45%
Trailing 12-Months
Asset Growth
10.23%
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
Q2 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
$17.45
▲(46.03% Upside)
Technical Analysis
Best Analysts Covering FRSH
1 Year
1 Year Success Rate
4/12 ratings generated profit
1 Year Average Return
-9.96%
reiterated a buy rating 25 days ago
Copying Patrick Walravens's trades and holding each position for 1 Year would result in 33.33% of your transactions generating a profit, with an average return of -9.96% per trade.
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