During the recent session, Freshworks Inc (NASDAQ:FRSH)’s traded shares were 0.63 million, with the beta value of the company hitting 0.96. At the last check today, the stock’s price was $15.37, reflecting an intraday gain of 2.54% or $0.38. The 52-week high for the FRSH share is $19.77, that puts it down -28.63 from that peak though still a striking 29.67% gain since the share price plummeted to a 52-week low of $10.81. The company’s market capitalization is $4.53B, and the average intraday trading volume over the past 10 days was 2.52 million shares, and the average trade volume was 3.10 million shares over the past three months.
Freshworks Inc (FRSH) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.82. FRSH has a Sell rating from 0 analyst(s) out of 12 analysts who have looked at this stock. 5 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 7 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.11.
Freshworks Inc (NASDAQ:FRSH) trade information
Freshworks Inc (FRSH) registered a 2.54% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 2.54% in intraday trading to $15.37, hitting a weekly high. The stock’s 5-day price performance is 5.06%, and it has moved by 4.06% in 30 days. Based on these gigs, the overall price performance for the year is 14.96%. The short interest in Freshworks Inc (NASDAQ:FRSH) is 10.6 million shares and it means that shorts have 3.27 day(s) to cover.
The consensus price target of analysts on Wall Street is $20, which implies an increase of 23.15% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $13 and $27 respectively. As a result, FRSH is trading at a discount of -75.67% off the target high and 15.42% off the low.
Freshworks Inc (FRSH) estimates and forecasts
In the rating firms’ projections, revenue will increase 13.59% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 198.85M as predicted by 15 analyst(s). Meanwhile, a consensus of 15 analyst(s) estimates revenue growth to 207.93M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 174.13M and 186.57M respectively. In this case, analysts expect current quarter sales to grow by 14.20% and then jump by 11.45% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 32.10%. While earnings are projected to return 32.64% in 2025, the next five years will return 21.05% per annum.
FRSH Dividends
Freshworks Inc is due to release its next quarterly earnings on 2025-Apr-28. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Freshworks Inc (NASDAQ:FRSH)’s Major holders
Freshworks Inc insiders own 6.89% of total outstanding shares while institutional holders control 85.71%, with the float percentage being 92.05%. VANGUARD GROUP INC is the largest shareholder of the company, while 405.0 institutions own stock in it. As of 2024-06-30, the company held over 23.06 million shares (or 7.6903% of all shares), a total value of $292.58 million in shares.
The next largest institutional holding, with 16.12 million shares, is of BLACKROCK INC.’s that is approximately 5.3784% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $204.62 million.
Also, the Mutual Funds coming in first place with the largest holdings of Freshworks Inc (FRSH) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund . Data provided on Mar 31, 2025 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 7.38 shares. This amounts to just over 3.06 percent of the company’s overall shares, with a $112.51 million market value. The same data shows that the other fund manager holds slightly less at 5.76, or about 2.39% of the stock, which is worth about $87.8 million.
