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Freshworks (FRSH)
NASDAQ:FRSH
Freshworks (FRSH) Stock Price & Analysis
258 Followers
FRSH Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$12.22 - $24.98
Previous Close$14.67
Volume6.97M
Average Volume (3M)2.88M
Market Cap
$5.46B
Enterprise Value$3.22B
Total Cash (Recent Filing)$1.19B
Total Debt (Recent Filing)$26.80M
Price to Earnings (P/E)-36.6
Beta1.79
Next Earnings
Jul 30, 2024EPS Estimate
$0.06Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.40
Shares Outstanding298,820,050
10 Day Avg. Volume4,541,114
30 Day Avg. Volume2,876,464
Standard Deviation0.13
R-Squared0.14
Alpha-0.03
Financial Highlights & Ratios
Price to Book (P/B)5.10
Price to Sales (P/S)5.40
Price to Cash Flow (P/CF)44.00
P/FCF Ratio47.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.40
Enterprise Value/Gross Profit6.53
Enterprise Value/Ebitda-24.97
Forecast
1Y Price Target
$21.36Price Target Upside52.25% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
Freshworks News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceProfitability is a strong aspect, with operating income projections for the fiscal year increasing by roughly 9%.
Leadership And StrategyFreshworks appointed Dennis Woodside as the new CEO & President, which could bring in new leadership and strategies.
Market OpportunitiesThe acquisition of Device42 is set to enhance the company's IT Service Management capabilities, potentially broadening market opportunities.
Bears Say
Financial PerformanceFreshworks reported billings growth landed below expectations due to a challenging SMB business environment.
Guidance AdjustmentThe company's guidance for the upcoming quarters was disappointing, with lower than expected earnings per share and revenue.
Leadership ChangesFounder CEO Girish Mathrubootham transitioned to Executive Chairman and Dennis Woodside will be stepping into the role of CEO, which likely raises some questions around the trajectory of the business.
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Ownership Overview
15.74% Insiders
23.33% Mutual Funds
24.55% Other Institutional Investors
36.38% 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 $12.22 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 Jul 30, 2024 which is in 86 days.
How were Freshworks’s earnings last quarter?
Freshworks released its earnings results on May 01, 2024. The company reported $0.1 earnings per share for the quarter, beating the consensus estimate of $0.075 by $0.025.
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 $0.06.
How many shares outstanding does Freshworks have?
Freshworks has 219,663,350 shares outstanding.
What happened to Freshworks’s price movement after its last earnings report?
Freshworks reported an EPS of $0.1 in its last earnings report, beating expectations of $0.075. Following the earnings report the stock price went down -19.616%.
Which hedge fund is a major shareholder of Freshworks?
Among the largest hedge funds holding Freshworks’s share is Driehaus Capital Management LLC. It holds Freshworks’s shares valued at 22M.
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Freshworks Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$21.36 (52.25% Upside)
$21.36 (52.25% Upside)
Blogger Sentiment
Bullish
FRSH Sentiment 90%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 188.0 Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 2.0%
Last 30 Days ▲ 0.8%
Last 30 Days ▲ 0.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
14.16%
12-Months-Change
Fundamentals
Return on Equity
-11.10%
Trailing 12-Months
Asset Growth
5.51%
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
Q1 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 Months Forecast
Average Price Target
$21.36
▲(52.25% Upside)
Technical Analysis
Best Analysts Covering FRSH
1 Year
1 Year Success Rate
4/12 ratings generated profit
1 Year Average Return
-2.67%
reiterated a buy rating 3 days ago
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