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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 - $24.34
Previous Close$15.33
Volume5.46M
Average Volume (3M)4.17M
Market Cap
$4.66B
Enterprise Value$3.63B
Total Cash (Recent Filing)$1.05B
Total Debt (Recent Filing)$25.53M
Price to Earnings (P/E)―
Beta1.77
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. Volume4,174,067
30 Day Avg. Volume4,167,884
Standard Deviation0.14
R-Squared0.11
Alpha-0.03
Financial Highlights & Ratios
Price to Book (P/B)4.09
Price to Sales (P/S)6.80
Price to Cash Flow (P/CF)27.60
P/FCF Ratio29.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.30
Enterprise Value/Gross Profit7.37
Enterprise Value/Ebitda-39.40
Forecast
1Y Price Target
$18.23Price Target Upside18.92% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Freshworks News
Bulls Say, Bears Say
Bulls Say
Customer GrowthFreshworks added roughly 800 net new customers in Q3, which was the highest level seen in four quarters.
Financial PerformanceManagement's initial view of 2025 assumes low- to mid-teens revenue growth, at least 25% FCF margins, and better than 16% operating margins, indicating better profitability metrics.
Strategic InitiativesThe 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.
Growth ChallengesFreshworks shares have been on a steady downward slide as the company grapples with significant challenges in the SMB market, particularly in its Customer Experience Management segment, where growth has slowed to the mid- to high-single digits.
Workforce RestructuringThe company announced a restructuring, reducing 13% of global workforce.
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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 $24.34 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 52 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:
$18.23 (18.92% Upside)
$18.23 (18.92% Upside)
Blogger Sentiment
Bullish
FRSH Sentiment 85%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 125.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.0%
Last 30 Days ▲ 18.1%
Last 30 Days ▲ 18.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-34.93%
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
Earnings Call Sentiment|Positive
Freshworks reported strong revenue growth and significant strides in AI product adoption, alongside a robust free cash flow. While there are some challenges in workforce realignment and expansion pressures, the company is confident in its strategic direction and profitability. The sentiment leans towards a positive outlook with proactive measures to enhance growth and efficiency.Read More>---
FRSH Revenue Breakdown
97.73% Subscription services
2.27% Professional services
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FRSH Stock 12 Month Forecast
Average Price Target
$18.23
▲(18.92% Upside)
Technical Analysis
Best Analysts Covering FRSH
1 Year
1 Year Success Rate
6/12 ratings generated profit
1 Year Average Return
-3.37%
reiterated a buy rating last month
Copying Patrick Walravens's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of -3.37% per trade.
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