
Freshworks (FRSH) Stock Forecast & Price Target
Freshworks (FRSH) Analyst Ratings
Bulls say
Freshworks Inc has demonstrated robust growth in its customer engagement (EX) segment, achieving an annual recurring revenue (ARR) of over $480 million, with a year-over-year constant currency growth rate of 23%. The company has also seen a significant increase in its artificial intelligence (AI) ARR, which doubled year-over-year, reflecting strong adoption of its Copilot feature. Additionally, improvements in net revenue retention (NRR) from 104% to 106% and a 14% decrease in churn year-over-year further highlight Freshworks's positive business momentum and operational efficiency.
Bears say
Freshworks Inc faces significant pricing pressure in a highly competitive market, which could jeopardize its profitability if it fails to maintain its pricing power due to market-leading innovations. The company's stock has underperformed, declining 14% year-to-date compared to an 8% increase in the Russell 3000, indicative of broader market concerns and potential multiple compression within the enterprise software sector. Additionally, various risks, including competition from established firms, uncertainties stemming from its operations in India, challenges in scaling new products, and the threat of security breaches, further contribute to a negative outlook for Freshworks's financial performance.
This aggregate rating is based on analysts' research of Freshworks and is not a guaranteed prediction by Public.com or investment advice.
Freshworks (FRSH) Analyst Forecast & Price Prediction
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