Investors are poised to add Freshworks Inc (FRSH) Stock to their long term portfolios

At the time of writing, Freshworks Inc [FRSH] stock is trading at $15.95, up 2.64%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The FRSH shares have gain 4.80% over the last week, with a monthly amount drifted -7.86%, and not 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 21, 2025, when Wells Fargo downgraded its rating to a Underweight and also revised its price target to $13 from $16. Previously, Oppenheimer upgraded its rating to Outperform on January 16, 2025, and kept the price target unchanged to $22. On October 16, 2024, Wells Fargo initiated with a Equal Weight rating and assigned a price target of $11 on the stock. Robert W. Baird downgraded its rating to a Neutral and decreased its price target to $16 on May 02, 2024. Oppenheimer downgraded its rating to a Perform. Wolfe Research upgraded its rating to Outperform for this stock on February 20, 2024, but kept the price target unchanged to $27. In a note dated January 05, 2024, Jefferies upgraded an Buy rating on this stock and boosted its target price from $20 to $30.

For the past year, the stock price of Freshworks Inc fluctuated between $10.81 and $19.77. Currently, Wall Street analysts expect the stock to reach $20.82 within the next 12 months. Freshworks Inc [NASDAQ: FRSH] shares were valued at $15.95 at the most recent close of the market. An investor can expect a potential return of 30.53% based on the average FRSH price forecast.

Analyzing the FRSH fundamentals

According to Freshworks Inc [NASDAQ:FRSH], the company’s sales were 720.42M for trailing twelve months, which represents an 21.52% jump. Gross Profit Margin for this corporation currently stands at 0.84% with Operating Profit Margin at -0.19%, Pretax Profit Margin comes in at -0.13%, and Net Profit Margin reading is -0.13%. To continue investigating profitability, this company’s Return on Assets is posted at -0.06, Equity is -0.09 and Total Capital is -0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.03.

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 15.81 points at the first support level, and at 15.67 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.03, and for the 2nd resistance point, it is at 16.11.

Ratios To Look Out For

It is important to note that Freshworks Inc [NASDAQ:FRSH] has a current ratio of 3.04. In addition, the Quick Ratio stands at 3.04 and the Cash Ratio stands at 1.52. Considering the valuation of this stock, the price to sales ratio is 6.68, the price to book ratio is 4.25.

Transactions by insiders

Recent insider trading involved AUSTIN ROXANNE S, Director, that happened on Mar 10 ’25 when 6298.0 shares were sold. Director, Taylor Jennifer H completed a deal on Mar 10 ’25 to sell 4685.0 shares. Meanwhile, Director JENNIFER TAYLOR bought 14060.0 shares on Mar 10 ’25.

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