At the time of writing, Freshworks Inc [FRSH] stock is trading at $17.44, down -0.11%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The FRSH shares have gain 11.87% over the last week, with a monthly amount glided 2.47%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Freshworks Inc [NASDAQ: FRSH] stock has seen the most recent analyst activity on January 16, 2025, when Oppenheimer upgraded its rating to a Outperform but kept the price target unchanged to $22 for it. Previously, Wells Fargo started tracking the stock with Equal Weight rating on October 16, 2024, and set its price target to $11. On May 02, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $16 on the stock. Oppenheimer downgraded its rating to a Perform. Wolfe Research upgraded its rating to a Outperform but $27 remained the price target by the analyst firm on February 20, 2024. Jefferies upgraded its rating to Buy for this stock on January 05, 2024, and upped its price target to $30. In a note dated December 28, 2023, Needham reiterated an Buy rating on this stock and boosted its target price from $25 to $30.
For the past year, the stock price of Freshworks Inc fluctuated between $10.81 and $23.30. Currently, Wall Street analysts expect the stock to reach $19 within the next 12 months. Freshworks Inc [NASDAQ: FRSH] shares were valued at $17.44 at the most recent close of the market. An investor can expect a potential return of 8.94% based on the average FRSH price forecast.
Analyzing the FRSH fundamentals
According to Freshworks Inc [NASDAQ:FRSH], the company’s sales were 685.96M for trailing twelve months, which represents an 21.51% jump. Gross Profit Margin for this corporation currently stands at 0.84% with Operating Profit Margin at -0.23%, Pretax Profit Margin comes in at -0.15%, and Net Profit Margin reading is -0.15%. To continue investigating profitability, this company’s Return on Assets is posted at -0.06, Equity is -0.09 and Total Capital is -0.13. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.03.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 17.18 points at the first support level, and at 16.92 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.65, and for the 2nd resistance point, it is at 17.86.
Ratios To Look Out For
It is important to note that Freshworks Inc [NASDAQ:FRSH] has a current ratio of 3.20. Further, the Quick Ratio stands at 3.20, while the Cash Ratio is 1.03. Considering the valuation of this stock, the price to sales ratio is 7.70, the price to book ratio is 4.65.
Transactions by insiders
Recent insider trading involved Taylor Jennifer H, Director, that happened on Jan 10 ’25 when 4685.0 shares were sold. Director, AUSTIN ROXANNE S completed a deal on Jan 10 ’25 to sell 6303.0 shares. Meanwhile, Director ROXANNE S AUSTIN bought 6303.0 shares on Jan 10 ’25.
