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Freshworks Inc has a consensus price target of $19.34 based on the ratings of 22 analysts. The high is $27 issued by Wolfe Research on February 20, 2024. The low is $14 issued by Wells Fargo on November 7, 2024. The 3 most-recent analyst ratings were released by Needham, Canaccord Genuity, and JMP Securities on December 17, 2024, November 7, 2024, and November 7, 2024, respectively. With an average price target of $21 between Needham, Canaccord Genuity, and JMP Securities, there's an implied 32.24% upside for Freshworks Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Freshworks (NASDAQ:FRSH) was reported by Needham on December 17, 2024. The analyst firm set a price target for $20.00 expecting FRSH to rise to within 12 months (a possible 25.94% upside). 35 analyst firms have reported ratings in the last year.
The latest analyst rating for Freshworks (NASDAQ:FRSH) was provided by Needham, and Freshworks reiterated their buy rating.
The last upgrade for Freshworks Inc happened on February 20, 2024 when Wolfe Research raised their price target to $27. Wolfe Research previously had a peer perform for Freshworks Inc.
The last downgrade for Freshworks Inc happened on May 2, 2024 when Baird changed their price target from $28 to $16 for Freshworks Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Freshworks, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Freshworks was filed on December 17, 2024 so you should expect the next rating to be made available sometime around December 17, 2025.
While ratings are subjective and will change, the latest Freshworks (FRSH) rating was a reiterated with a price target of $20.00 to $20.00. The current price Freshworks (FRSH) is trading at is $15.88, which is out of the analyst’s predicted range.
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