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Freshworks (FRSH) Stock Forecast, Price Target & Predictions

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FRSH Stock Forecast

Freshworks stock forecast is as follows: an average price target of $19.00 (represents a -1.55% downside from FRSH’s last price of $19.30) 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 $19.00 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $19.00 to $19.00. This represents a potential -1.55% downside from FRSH's last price of $19.30.

FRSH Analyst Ratings

Buy

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

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 31, 2024Brett KnoblauchCantor Fitzgerald$19.00$13.2843.07%-1.55%
Jul 10, 2024David HynesCanaccord Genuity$17.00$12.3237.99%-11.92%
May 20, 2024Scott BergNeedham$20.00$13.6446.63%3.63%
May 02, 2024Nick AltmannScotiabank$18.00$13.2435.95%-6.74%
Apr 17, 2024Keith WeissMorgan Stanley$22.00$17.3027.17%13.99%
Feb 20, 2024Alex ZukinWolfe Research$27.00$20.9528.88%39.90%
May 03, 2023Rich HillikerCredit Suisse$16.00$12.8924.13%-17.10%
May 03, 2023Scott BergNeedham$25.00$12.8993.95%29.53%
Feb 08, 2023Oppenheimer$20.00$17.1516.62%3.63%
Feb 08, 2023Canaccord Genuity$17.00$17.15-0.87%-11.92%
Jan 09, 2023Piper Sandler$16.00$14.2512.28%-17.10%
Aug 15, 2022Patrick WalravensJMP Securities$23.00$16.8336.66%19.17%
Jul 25, 2022Keith WeissMorgan Stanley$17.00$13.0330.47%-11.92%
May 04, 2022Morgan Stanley$23.00$15.0652.72%19.17%
May 04, 2022Piper Sandler$28.00$16.9665.09%45.08%
Apr 14, 2022Robert OliverRobert W. Baird$40.00$19.12109.21%107.25%
Mar 04, 2022Stan ZlotskyMorgan Stanley$25.00$17.0246.89%29.53%
Jan 17, 2022Raimo LenschowBarclays$27.00$23.1016.88%39.90%

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 -1.55% decrease from FRSH last price ($19.30).

Freshworks Price Target by Period

1M3M12M
# Anlaysts--6
Avg Price Target--$20.50
Last Closing Price$19.30$19.30$19.30
Upside/Downside-100.00%-100.00%6.22%

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 $19.30. 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

DateCompanyPrevious RatingNew RatingRating Change
Oct 16, 2024Wells FargoEqual-WeightInitialise
Oct 10, 2024ScotiabankSector PerformSector PerformHold
Jul 31, 2024NeedhamUnderperformUnderperformHold
Jul 31, 2024Piper SandlerBuyBuyHold
Jul 31, 2024Cantor FitzgeraldOverweightOverweightHold
Jul 12, 2024Sandler O'NeillMarket OutperformMarket OutperformHold
May 20, 2024NeedhamBuyBuyHold
May 03, 2024Canaccord GenuityBuyBuyHold
May 02, 2024ScotiabankSector PerformSector PerformHold
May 02, 2024OppenheimerOutperformPerformDowngrade
Apr 17, 2024Wolfe ResearchEqual-WeightEqual-WeightHold
Apr 17, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Feb 20, 2024Wolfe ResearchPeer PerformOutperformUpgrade
Feb 07, 2024JMP SecuritiesMarket OutperformMarket OutperformHold
Jan 05, 2024JefferiesHoldBuyUpgrade
Dec 28, 2023NeedhamBuyBuyHold
Dec 28, 2023UBSBuyBuyHold
Dec 28, 2023Sandler O'NeillUnderperformUnderperformHold
Sep 11, 2023JefferiesHoldHoldHold
Aug 02, 2023Canaccord GenuityHoldBuyUpgrade
May 03, 2023Credit SuisseNeutralNeutralHold
May 03, 2023NeedhamBuyBuyHold
Feb 08, 2023OppenheimerOutperformOutperformHold
Feb 08, 2023Canaccord GenuityHoldHoldHold
Jan 09, 2023Piper SandlerOverweightOverweightHold
Dec 21, 2022Wolfe ResearchPeer PerformDowngrade
Aug 15, 2022JMP SecuritiesOutperformOutperformHold
Jul 25, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Mar 04, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Jan 17, 2022BarclaysEqual-WeightEqual-WeightHold

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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
Revenue------------$160.11M$153.55M$145.08M$137.69M$133.17M$128.76M$121.43M$114.64M$105.48M$96.61M
Avg Forecast$243.39M$237.26M$226.15M$217.50M$213.38M$208.88M$200.10M$192.53M$189.50M$181.70M$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$245.80M$239.60M$228.39M$219.64M$215.48M$210.95M$202.07M$194.09M$189.81M$181.71M$170.54M$163.74M$159.65M$151.83M$142.84M$135.57M$131.56M$125.44M$117.95M$108.24M$100.33M$90.85M
Low Forecast$241.20M$235.12M$224.11M$215.54M$211.45M$207.00M$198.29M$191.12M$189.13M$181.69M$169.55M$163.74M$157.74M$150.03M$140.17M$133.04M$129.29M$125.44M$117.95M$108.24M$100.33M$90.85M
# Analysts999988810115336168912778138
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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts999988810115336168912778138
EBITDA------------$-40.04M$-38.73M$-43.29M$-44.99M$-57.68M$-55.49M$-64.55M$-44.15M$-52.43M$-113.43M
Avg Forecast$-75.42M$-73.51M$-70.07M$-67.39M$-66.12M$-64.72M$-62.00M$-59.65M$-58.72M$-56.30M$-52.69M$-60.53M$-49.10M$-46.70M$-43.83M$-64.74M$-52.62M$-38.70M$-36.39M$-69.24M$-30.95M$-82.99M
High Forecast$-74.74M$-72.85M$-69.44M$-66.78M$-65.52M$-64.14M$-61.44M$-59.22M$-58.60M$-56.30M$-52.53M$-48.43M$-48.87M$-46.49M$-43.43M$-51.79M$-42.10M$-38.70M$-36.39M$-55.39M$-30.95M$-66.39M
Low Forecast$-76.16M$-74.24M$-70.77M$-68.06M$-66.77M$-65.36M$-62.61M$-60.14M$-58.81M$-56.30M$-52.84M$-72.64M$-49.47M$-47.04M$-44.26M$-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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts999988810115336168912778138
Net Income------------$-28.08M$-31.03M$-35.66M$-42.66M$-55.48M$-57.84M$-69.75M$-49.06M$-74.74M$-107.42M
Avg Forecast$52.02M$51.31M$44.94M$45.25M$43.03M$41.91M$36.33M$36.19M$30.83M$23.45M$18.99M$-69.48M$15.85M$15.70M$4.77M$-74.31M$-74.38M$-16.37M$-19.95M$-79.48M$-16.80M$-78.23M
High Forecast$52.69M$51.97M$45.51M$45.83M$43.58M$42.45M$36.80M$39.20M$36.99M$23.54M$19.42M$-55.58M$19.02M$18.84M$4.83M$-59.45M$-59.50M$-16.37M$-19.95M$-63.58M$-16.80M$-62.58M
Low Forecast$51.41M$50.71M$44.41M$44.72M$42.53M$41.42M$35.90M$30.16M$27.75M$23.36M$18.56M$-83.38M$15.67M$15.52M$4.71M$-89.17M$-89.26M$-16.37M$-19.95M$-95.37M$-16.80M$-93.87M
Surprise %-------------1.77%-1.98%-7.48%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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts999988810115336168912778138
SG&A------------$137.31M$131.14M$129.33M$127.71M$133.96M$127.00M$130.44M$108.65M$112.43M$157.54M
Avg Forecast$213.04M$207.67M$197.95M$190.37M$186.77M$182.83M$175.14M$168.52M$165.87M$159.04M$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$215.14M$209.72M$199.90M$192.25M$188.61M$184.64M$176.87M$169.89M$166.14M$159.05M$149.27M$184.65M$139.74M$132.89M$125.03M$118.67M$134.27M$109.80M$103.24M$94.74M$87.82M$79.52M
Low Forecast$211.12M$205.80M$196.16M$188.66M$185.08M$181.19M$173.57M$167.29M$165.55M$159.04M$148.40M$123.10M$138.06M$131.32M$122.69M$116.45M$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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts999988810115336168912778138
EPS------------$-0.09$-0.11$-0.12$-0.15$-0.19$-0.20$-0.24$-0.18$-0.28$-24.72
Avg Forecast$0.17$0.17$0.15$0.15$0.14$0.14$0.12$0.12$0.10$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$0.17$0.17$0.15$0.15$0.14$0.14$0.12$0.13$0.12$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$0.17$0.17$0.15$0.15$0.14$0.14$0.12$0.10$0.09$0.08$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

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
ONTFON24$6.88$18.00161.63%
VTEXVTEX$6.64$10.1352.56%Buy
SPTSprout Social$33.63$50.6750.67%Buy
ALKTAlkami$36.26$45.6725.95%Buy
MNDYmonday$250.00$295.9118.36%Buy
LAWCS Disco$5.17$6.0016.05%Hold
BRZEBraze$45.96$50.509.88%Buy
CXMSprinklr$9.12$9.756.91%Buy
CWANClearwater Analytics$28.68$30.335.75%Buy
DDOGDatadog$145.72$150.903.55%Buy
FRSHFreshworks$19.30$19.00-1.55%Buy
GBTGGlobal Business Travel Group$8.97$8.50-5.24%Buy
VERXVertex$58.08$53.33-8.18%Hold
TEAMAtlassian$271.33$236.08-12.99%Buy
EXFYExpensify$3.54$2.50-29.38%Buy
BILLBill.com$95.29$66.09-30.64%Buy
ASANAsana$21.70$14.00-35.48%Buy

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 $19 with a range of $19 to $19, implying a -1.55% from its last price of $19.3. 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 down by -1.55% (from the last price of $19.3 to the average price target of $19), down by -1.55% based on the highest stock price target, and down by -1.55% based on the lowest stock price target.

Can Freshworks stock reach $30?

FRSH's average twelve months analyst stock price target of $19 does not support the claim that Freshworks can reach $30 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 $814.88M (high $822.6M, low $807.87M), average EBITDA is $-252M (high $-250M, low $-255M), average net income is $157.46M (high $162.03M, low $150.01M), average SG&A $713.26M (high $720.02M, low $707.12M), and average EPS is $0.521 (high $0.536, low $0.497). FRSH's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $924.3M (high $933.43M, low $915.97M), average EBITDA is $-286M (high $-284M, low $-289M), average net income is $193.52M (high $196M, low $191.25M), average SG&A $809.03M (high $817.02M, low $801.74M), and average EPS is $0.641 (high $0.649, low $0.633).

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 -16.73%. The company's net income was $-137M, beating the average estimation of $-37.987M by 261.79%. 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 $-49.098M by -18.45%. Freshworks's net income was $-28.081M, missing the average estimation of $15.85M by -277.14%. 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%