
Freshworks (FRSH) Stock Forecast & Price Target
Freshworks (FRSH) Analyst Ratings
Bulls say
Freshworks Inc. benefits from consistently increasing average selling prices (ASPs) attributed to larger deployments, signaling strong demand for its Software-as-a-Service (SaaS) solutions. The company’s EX segment is projected to maintain a robust growth rate of over 20% annually for the next three years, following a 22% growth in the second quarter of FY25. Additionally, the anticipated launch of a new Cloud version is expected to further enhance the growth rate of the ITAM segment, leveraging the company's extensive sales force.
Bears say
Freshworks is facing significant pricing pressure in its highly competitive markets, which could lead to erosion of profitability if the company fails to maintain its pricing power. The firm's stock has experienced a decline of approximately 14% year-to-date, contrasted with an 8% increase in the Russell 3000, indicating underperformance relative to the broader market. Additionally, multiple compression within the Enterprise Software sector and various operational risks, including competition from established companies and geopolitical uncertainties in India, raise further concerns about the company's growth prospects and overall 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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