How to Buy Freshworks Stock
Freshworks Inc
Freshworks Inc. , a software development company, provides modern software-as-a-service products worldwide. Freshworks Inc. was formerly known as Freshdesk Inc. and changed its name to Freshworks Inc. in June 2017.
Freshworks stock last closed at $12.60, up 0.48% from the previous day, and has decreased 28.77% in one year. It has underperformed other stocks in the Software - Application industry by 0.17 percentage points. Freshworks stock is currently +16.56% from its 52-week low of $10.81, and -36.27% from its 52-week high of $19.77.
There are currently 301.53M shares of FRSH outstanding. The market cap of FRSH is $3.80B. In the last 24 hours, 1.92M FRSH shares were traded.
How to Buy Freshworks Stock
Not sure how to invest in Freshworks stock? Here's how.
- Choose where to buy Freshworks stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you choose where to buy Freshworks stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Select your method of payment and add your details.
- Evaluate Freshworks stock: The Freshworks ticker symbol is FRSH. Is Freshworks stock a good investment? Should you buy shares of FRSH? How do FRSH's underlying business fundamentals look? Do top analysts think Freshworks is a good buy? Why has FRSH's stock price moved recently? (Hint: Our stock market research tools can help you understand if FRSH is a good stock to buy).
- Place your FRSH purchase: Decide if you will purchase FRSH shares at the current market price or use a limit order to buy FRSH stock at a given price.
- Get key alerts regarding your FRSH investment: Create a watchlist to watch your new investment in Freshworks shares.
Step 1: Choose where to buy Freshworks stock
You need a brokerage account in order to access the NASDAQ market and buy FRSH stock.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've picked the best brokerage, it's time to fill out some personal information so you are able to buy FRSH today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to create your new trading account.
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Step 3: Deposit funds into your investment account
Now that you've created your account on the best app for stock investing, you can securely and quickly fund your account:
Watch the walkthrough below to see the process of transferring funds into your new investment account.
Step 4: Evaluate Freshworks stock
Once you have identified the best place to buy Freshworks stock, it's crucial to research their stock prior to buying, so you actually comprehend the risk as well as the opportunity.
Overview of key FRSH info
Freshworks Fundamentals
WallStreetZen was designed to help everyday investors perform more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on FRSH's stock page.
Is FRSH stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge FRSH's fair value.
Using relative valuations ratios:
- FRSH may be undervalued based on its P/B ratio of 3.34x, relative to Software - Application industry P/B ratio of 6.37x
You can do additional valuation research on FRSH's stock here.
FRSH Financial Overview
Passed Health Checks:
- FRSH profit margin has gone up from -23% to -13.2% in the past year.
- Total FRSH debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the FRSH balance sheet.
- FRSH's operating cash flow of $160.65M allows it to safely service it's debt of $30.22M.
- There are more short-term assets than short-term liabilities on the FRSH balance sheet.
Failed Health Checks:
- FRSH has a relatively high debt to equity ratio of 0.42.
- FRSH earnings of -$90.84M is not sufficient to cover its interest payments.
Is FRSH stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 13 Equities analysts who research FRSH, the consensus analyst rating on FRSH is a Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
Latest FRSH Analyst Forecasts
Brett Knoblauch, a bottom 1% analyst from Cantor Fitzgerald maintains FRSH with a strong buy rating and raises their FRSH price target from $18.00 to $22.00, on Feb 12, 2025.
David Hynes, a bottom 9% analyst from Canaccord Genuity maintains FRSH with a strong buy rating and raises their FRSH price target from $19.00 to $23.00, on Feb 12, 2025.
Raimo Lenschow, a top 2% analyst from Barclays maintains FRSH with a hold rating and raises their FRSH price target from $14.00 to $20.00, on Feb 12, 2025.
Brent A. Bracelin, a top 2% analyst from Piper Sandler maintains FRSH with a strong buy rating and raises their FRSH price target from $20.00 to $24.00, on Feb 12, 2025.
Piper Sandler's Brent A. Bracelin raised their price target on Freshworks (NASDAQ: FRSH) by 20% from $20 to $24 on 2025/02/12. The analyst maintained their Strong Buy rating on the stock.
Freshworks reported its Q4 and FY 2024 earnings.
Bracelin said that the quarter's $5M revenue beat and management's 14% FY 2025 growth guidance were better than feared "in the context of a business model with high exposure to two controversial areas, customer support and EMEA."
The analyst added that Piper Sandler was gratified to see "another quarter of solid execution with upside strength driven by Device42 cross-sell activity that helped boost EX segment ARR to $400M+."
Earnings Report
Freshworks reported:
For Q4 2024:
- EPS of $0.14, which beat the Zacks Consensus Estimate of $0.10 and Q4 2023's $0.08.
- Revenue of $194.57M, which beat the Zacks Consensus Estimate by 2.75% and Q4 2023's $160.11M.
For FY 2024:
- EPS of $0.43, up from FY 2023's $0.26.
- Revenue of $720.4M, up from FY 2023's $596.4M.
Management guided:
For Q1 2025:
- EPS of $0.12 to $0.14.
- Revenue of $190M to $193M.
For FY 2025:
- EPS of $0.52 to $0.54.
- Revenue of $809M to $821M.
President & CEO Dennis Woodside commented: “Freshworks outperformed its previously provided estimates again in Q4 across all our key metrics, delivering another strong quarter with revenue growing 22% year over year to $194.6 million, operating cash flow margin of 21%, and an adjusted free cash flow margin of 21%.
“Companies are leaving legacy vendors and coming to Freshworks for our uncomplicated, modern employee and customer experience service solutions.”
Michael Berg, a top 32% analyst from Wells Fargo downgrades FRSH to a strong sell rating and lowers their FRSH price target from $16.00 to $13.00, on Jan 21, 2025.
You can dive deeper into what analysts are forecasting on the Freshworks stock forecast page.
FRSH Technicals
FRSH Performance Numbers
Last year, FRSH revenue was $720.42M. Over the last five year, FRSH's revenue has increased by 33.11% per year. This was faster than the Software - Application industry average of 21.47%.
You can analyze FRSH's earnings and revenue performance here.
What are FRSH executives and large shareholders up to?
In the past year, insiders at FRSH have sold more shares than they have bought.
Jennifer H. Taylor, Director of FRSH, was the latest FRSH insider to sell. They sold $59,094.00 worth of FRSH shares on Apr 10, 2025.
Get more info about who owns FRSH shares here.
Does FRSH stock generate passive income?
No, Freshworks doesn't provide an income stream by paying out dividends.
FRSH Social Trading Data
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Place your FRSH purchase
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally sufficient. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at an exact dollar amount, place a limit order.
Press the Open button and your broker will execute your order.
If you require additional info about investing in stocks on eToro, watch the helpful video below:
Step 6: Get key alerts regarding your FRSH investment
Now that you own some shares in FRSH, you'll want to keep up with your new shares.
Make a watchlist to track the most important metrics related to your FRSH stock.
FRSH Feed
How to Buy Stock in Freshworks
To reiterate, here are the 6 steps to buy Freshworks stock:
- Choose where to buy Freshworks stock
- Create your brokerage account
- Deposit funds into your investment account
- Evaluate Freshworks stock
- Place your FRSH purchase
- Get key alerts regarding your FRSH investment
If you need a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you want to get the latest news on your investment in Freshworks, create your watchlist below.
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