Freshworks (FRSH) Stock Forecast, Price Target & Predictions
FRSH Stock Forecast
Freshworks stock forecast is as follows: an average price target of $22.08 (represents a 80.54% upside from FRSH’s last price of $12.23) and a rating consensus of 'Buy', based on 13 wall street analysts offering a 1-year stock forecast.
FRSH Price Target
The average price target for Freshworks (FRSH) is $22.08 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $40.00 to $16.00. This represents a potential 80.54% upside from FRSH's last price of $12.23.
FRSH Analyst Ratings
According to 13 Wall Street analysts, Freshworks's rating consensus is 'Buy'. The analyst rating breakdown for FRSH stock is 0 'Strong Buy' (0.00%), 7 'Buy' (53.85%), 6 'Hold' (46.15%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Freshworks Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 31, 2024 | Brett Knoblauch | Cantor Fitzgerald | $19.00 | $13.28 | 43.07% | 55.36% |
| Jul 10, 2024 | David Hynes | Canaccord Genuity | $17.00 | $12.32 | 37.99% | 39.00% |
| May 20, 2024 | Scott Berg | Needham | $20.00 | $13.64 | 46.63% | 63.53% |
| May 02, 2024 | Nick Altmann | Scotiabank | $18.00 | $13.24 | 35.95% | 47.18% |
| Apr 17, 2024 | Keith Weiss | Morgan Stanley | $22.00 | $17.30 | 27.17% | 79.89% |
| Feb 20, 2024 | Alex Zukin | Wolfe Research | $27.00 | $20.95 | 28.88% | 120.77% |
| May 03, 2023 | Scott Berg | Needham | $25.00 | $12.89 | 93.95% | 104.42% |
| May 03, 2023 | Rich Hilliker | Credit Suisse | $16.00 | $12.89 | 24.13% | 30.83% |
| Feb 08, 2023 | - | Oppenheimer | $20.00 | $17.15 | 16.62% | 63.53% |
| Feb 08, 2023 | - | Canaccord Genuity | $17.00 | $17.15 | -0.87% | 39.00% |
The latest Freshworks stock forecast, released on Jul 31, 2024 by Brett Knoblauch from Cantor Fitzgerald, set a price target of $19.00, which represents a 43.07% increase from the stock price at the time of the forecast ($13.28), and a 55.36% increase from FRSH last price ($12.23).
Freshworks Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 6 |
| Avg Price Target | - | - | $20.50 |
| Last Closing Price | $12.23 | $12.23 | $12.23 |
| Upside/Downside | -100.00% | -100.00% | 67.62% |
In the current month, the average price target of Freshworks stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Freshworks's last price of $12.23. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 16, 2024 | Wells Fargo | - | Equal-Weight | Initialise |
| Oct 10, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| Jul 31, 2024 | Needham | Underperform | Underperform | Hold |
| Jul 31, 2024 | Piper Sandler | Buy | Buy | Hold |
| Jul 31, 2024 | Cantor Fitzgerald | Overweight | Overweight | Hold |
| Jul 12, 2024 | Sandler O'Neill | Market Outperform | Market Outperform | Hold |
| May 20, 2024 | Needham | Buy | Buy | Hold |
| May 03, 2024 | Canaccord Genuity | Buy | Buy | Hold |
| May 02, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| May 02, 2024 | Oppenheimer | Outperform | Perform | Downgrade |
Freshworks's last stock rating was published by Wells Fargo on Oct 16, 2024. The company Initialise its FRSH rating from "null" to "Equal-Weight".
Freshworks Financial Forecast
Freshworks Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $160.11M | $153.55M | $145.08M | $137.69M | $133.17M | $128.76M | $121.43M | $114.64M | $105.48M | $96.61M |
| Avg Forecast | $257.68M | $244.64M | $236.07M | $228.11M | $220.91M | $212.18M | $203.54M | $194.31M | $189.27M | $181.67M | $170.04M | $163.74M | $158.46M | $150.73M | $141.44M | $134.25M | $130.35M | $125.44M | $117.95M | $108.24M | $100.33M | $90.85M |
| High Forecast | $257.68M | $244.64M | $236.07M | $228.11M | $220.91M | $212.18M | $203.54M | $194.31M | $189.27M | $182.14M | $170.54M | $163.74M | $159.65M | $151.83M | $141.44M | $134.25M | $130.35M | $125.44M | $117.95M | $108.24M | $100.33M | $90.85M |
| Low Forecast | $257.68M | $244.64M | $236.07M | $228.11M | $220.91M | $212.18M | $203.54M | $194.31M | $189.27M | $181.36M | $169.55M | $163.74M | $157.74M | $150.03M | $141.44M | $134.25M | $130.35M | $125.44M | $117.95M | $108.24M | $100.33M | $90.85M |
| # Analysts | 10 | 7 | 5 | 5 | 8 | 5 | 4 | 4 | 8 | 11 | 5 | 3 | 6 | 16 | 8 | 9 | 12 | 7 | 7 | 8 | 13 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.02% | 1.03% | 1.03% | 1.02% | 1.03% | 1.03% | 1.06% | 1.05% | 1.06% |
Freshworks's average Quarter revenue forecast for Mar 24 based on 3 analysts is $163.74M, with a low forecast of $163.74M, and a high forecast of $163.74M. FRSH's average Quarter revenue forecast represents a 2.27% increase compared to the company's last Quarter revenue of $160.11M (Dec 23).
Freshworks EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 10 | 7 | 5 | 5 | 8 | 5 | 4 | 4 | 8 | 11 | 5 | 3 | 6 | 16 | 8 | 9 | 12 | 7 | 7 | 8 | 13 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-40.04M | $-38.73M | $-43.29M | $-44.99M | $-57.68M | $-55.49M | $-64.55M | $-44.15M | $-52.43M | $-113.43M |
| Avg Forecast | $-79.49M | $-75.47M | $-72.82M | $-70.37M | $-68.15M | $-65.45M | $-62.79M | $-59.94M | $-58.39M | $-56.04M | $-52.46M | $-60.53M | $-48.88M | $-46.50M | $-43.63M | $-64.74M | $-52.62M | $-38.70M | $-36.39M | $-69.24M | $-30.95M | $-82.99M |
| High Forecast | $-79.49M | $-75.47M | $-72.82M | $-70.37M | $-68.15M | $-65.45M | $-62.79M | $-59.94M | $-58.39M | $-55.95M | $-52.30M | $-48.43M | $-48.66M | $-46.28M | $-43.63M | $-51.79M | $-42.10M | $-38.70M | $-36.39M | $-55.39M | $-30.95M | $-66.39M |
| Low Forecast | $-79.49M | $-75.47M | $-72.82M | $-70.37M | $-68.15M | $-65.45M | $-62.79M | $-59.94M | $-58.39M | $-56.19M | $-52.61M | $-72.64M | $-49.25M | $-46.84M | $-43.63M | $-77.69M | $-63.15M | $-38.70M | $-36.39M | $-83.09M | $-30.95M | $-99.59M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.82% | 0.83% | 0.99% | 0.69% | 1.10% | 1.43% | 1.77% | 0.64% | 1.69% | 1.37% |
undefined analysts predict FRSH's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Freshworks's previous annual EBITDA (undefined) of $NaN.
Freshworks Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 10 | 7 | 5 | 5 | 8 | 5 | 4 | 4 | 8 | 11 | 5 | 3 | 6 | 16 | 8 | 9 | 12 | 7 | 7 | 8 | 13 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-28.08M | $-31.03M | $-35.66M | $-42.66M | $-55.48M | $-57.84M | $-69.75M | $-49.06M | $-74.74M | $-107.42M |
| Avg Forecast | $44.38M | $43.06M | $39.84M | $40.17M | $33.93M | $31.12M | $28.73M | $28.49M | $23.75M | $23.27M | $18.84M | $-69.48M | $15.73M | $15.58M | $4.73M | $-74.31M | $-74.38M | $-16.37M | $-19.95M | $-79.48M | $-16.80M | $-78.23M |
| High Forecast | $44.38M | $43.06M | $39.84M | $40.17M | $33.93M | $31.12M | $28.73M | $28.49M | $23.75M | $23.27M | $19.27M | $-55.58M | $18.88M | $18.70M | $4.73M | $-59.45M | $-59.50M | $-16.37M | $-19.95M | $-63.58M | $-16.80M | $-62.58M |
| Low Forecast | $44.38M | $43.06M | $39.84M | $40.17M | $33.93M | $31.12M | $28.73M | $28.49M | $23.75M | $20.36M | $18.42M | $-83.38M | $15.73M | $15.58M | $4.73M | $-89.17M | $-89.26M | $-16.37M | $-19.95M | $-95.37M | $-16.80M | $-93.87M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -1.78% | -1.99% | -7.54% | 0.57% | 0.75% | 3.53% | 3.50% | 0.62% | 4.45% | 1.37% |
Freshworks's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. FRSH's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
Freshworks SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 10 | 7 | 5 | 5 | 8 | 5 | 4 | 4 | 8 | 11 | 5 | 3 | 6 | 16 | 8 | 9 | 12 | 7 | 7 | 8 | 13 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $137.31M | $131.14M | $129.33M | $127.71M | $133.96M | $127.00M | $130.44M | $108.65M | $112.43M | $157.54M |
| Avg Forecast | $225.55M | $214.14M | $206.63M | $199.67M | $193.36M | $185.72M | $178.16M | $170.07M | $165.67M | $159.02M | $148.84M | $153.87M | $138.70M | $131.93M | $123.80M | $117.50M | $111.89M | $109.80M | $103.24M | $94.74M | $87.82M | $79.52M |
| High Forecast | $225.55M | $214.14M | $206.63M | $199.67M | $193.36M | $185.72M | $178.16M | $170.07M | $165.67M | $159.43M | $149.27M | $184.65M | $139.74M | $132.89M | $123.80M | $117.50M | $134.27M | $109.80M | $103.24M | $94.74M | $87.82M | $79.52M |
| Low Forecast | $225.55M | $214.14M | $206.63M | $199.67M | $193.36M | $185.72M | $178.16M | $170.07M | $165.67M | $158.75M | $148.40M | $123.10M | $138.06M | $131.32M | $123.80M | $117.50M | $89.51M | $109.80M | $103.24M | $94.74M | $87.82M | $79.52M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 0.99% | 1.04% | 1.09% | 1.20% | 1.16% | 1.26% | 1.15% | 1.28% | 1.98% |
Freshworks's average Quarter SG&A projection for Mar 24 is $153.87M, based on 3 Wall Street analysts, with a range of $123.10M to $184.65M. The forecast indicates a 12.06% rise compared to FRSH last annual SG&A of $137.31M (Dec 23).
Freshworks EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 10 | 7 | 5 | 5 | 8 | 5 | 4 | 4 | 8 | 11 | 5 | 3 | 6 | 16 | 8 | 9 | 12 | 7 | 7 | 8 | 13 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.09 | $-0.11 | $-0.12 | $-0.15 | $-0.19 | $-0.20 | $-0.24 | $-0.18 | $-0.28 | $-24.72 |
| Avg Forecast | $0.15 | $0.14 | $0.13 | $0.13 | $0.11 | $0.10 | $0.10 | $0.10 | $0.08 | $0.08 | $0.06 | $0.08 | $0.05 | $0.05 | $0.02 | $-0.02 | $-0.04 | $-0.05 | $-0.07 | $-0.05 | $-0.06 | $-0.11 |
| High Forecast | $0.15 | $0.14 | $0.13 | $0.13 | $0.11 | $0.10 | $0.10 | $0.10 | $0.08 | $0.08 | $0.06 | $0.08 | $0.06 | $0.06 | $0.02 | $-0.02 | $-0.04 | $-0.05 | $-0.07 | $-0.05 | $-0.06 | $-0.11 |
| Low Forecast | $0.15 | $0.14 | $0.13 | $0.13 | $0.11 | $0.10 | $0.10 | $0.10 | $0.08 | $0.07 | $0.06 | $0.07 | $0.05 | $0.05 | $0.02 | $-0.02 | $-0.04 | $-0.05 | $-0.07 | $-0.05 | $-0.06 | $-0.11 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -1.81% | -2.12% | -7.61% | 8.65% | 5.07% | 3.66% | 3.61% | 3.44% | 5.00% | 229.95% |
According to undefined Wall Street analysts, Freshworks's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to FRSH previous annual EPS of $NaN (undefined).
Freshworks Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| EXFY | Expensify | $1.84 | $13.75 | 647.28% | Buy |
| LAW | CS Disco | $5.95 | $24.14 | 305.71% | Hold |
| ONTF | ON24 | $5.94 | $18.00 | 203.03% | - |
| BILL | Bill.com | $58.36 | $149.35 | 155.91% | Buy |
| SPT | Sprout Social | $27.59 | $65.00 | 135.59% | Buy |
| ASAN | Asana | $12.57 | $25.05 | 99.28% | Buy |
| FRSH | Freshworks | $12.23 | $22.08 | 80.54% | Buy |
| BRZE | Braze | $31.76 | $55.77 | 75.60% | Buy |
| VTEX | VTEX | $6.86 | $10.13 | 47.67% | Buy |
| CXM | Sprinklr | $7.60 | $10.79 | 41.97% | Buy |
| ALKT | Alkami | $36.53 | $45.67 | 25.02% | Buy |
| DDOG | Datadog | $125.56 | $140.24 | 11.69% | Buy |
| GBTG | Global Business Travel Group | $7.68 | $8.50 | 10.68% | Buy |
| TEAM | Atlassian | $218.96 | $233.53 | 6.65% | Buy |
| CWAN | Clearwater Analytics | $26.31 | $26.33 | 0.08% | Buy |
| MNDY | monday | $295.78 | $274.94 | -7.05% | Buy |
| VERX | Vertex | $42.23 | $34.33 | -18.71% | Hold |
FRSH Forecast FAQ
Is Freshworks a good buy?
Yes, according to 13 Wall Street analysts, Freshworks (FRSH) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 53.85% of FRSH's total ratings.
What is FRSH's price target?
Freshworks (FRSH) average price target is $22.08 with a range of $16 to $40, implying a 80.54% from its last price of $12.23. The data is based on 13 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Freshworks stock go up soon?
According to Wall Street analysts' prediction for FRSH stock, the company can go up by 80.54% (from the last price of $12.23 to the average price target of $22.08), up by 227.06% based on the highest stock price target, and up by 30.83% based on the lowest stock price target.
Can Freshworks stock reach $20?
FRSH's average twelve months analyst stock price target of $22.08 supports the claim that Freshworks can reach $20 in the near future.
What are Freshworks's analysts' financial forecasts?
Freshworks's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $830.93M (high $830.93M, low $830.93M), average EBITDA is $-256M (high $-256M, low $-256M), average net income is $122.27M (high $122.27M, low $122.27M), average SG&A $727.31M (high $727.31M, low $727.31M), and average EPS is $0.408 (high $0.408, low $0.408). FRSH's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $966.51M (high $966.51M, low $966.51M), average EBITDA is $-298M (high $-298M, low $-298M), average net income is $167.44M (high $167.44M, low $167.44M), average SG&A $845.97M (high $845.97M, low $845.97M), and average EPS is $0.558 (high $0.558, low $0.558).
Did the FRSH's actual financial results beat the analysts' financial forecasts?
Based on Freshworks's last annual report (Dec 2023), the company's revenue was $596.43M, beating the average analysts forecast of $584.87M by 1.98%. Apple's EBITDA was $-170M, missing the average prediction of $-204M by -16.48%. The company's net income was $-137M, beating the average estimation of $-38.263M by 259.19%. Apple's SG&A was $525.48M, beating the average forecast of $511.93M by 2.65%. Lastly, the company's EPS was $-0.47, missing the average prediction of $0.103 by -556.80%. In terms of the last quarterly report (Dec 2023), Freshworks's revenue was $160.11M, beating the average analysts' forecast of $158.46M by 1.04%. The company's EBITDA was $-40.041M, missing the average prediction of $-48.881M by -18.08%. Freshworks's net income was $-28.081M, missing the average estimation of $15.73M by -278.49%. The company's SG&A was $137.31M, missing the average forecast of $138.7M by -1.00%. Lastly, the company's EPS was $-0.0949, missing the average prediction of $0.0525 by -280.85%