Freshworks Inc. (FRSH) Stock Price & Analysis

Freshworks Inc. (FRSH) closed at USD 15.38 on Wednesday, October 28, 2026, up 3.22% on the day. The US market is currently closed (pre-market); this is not a live price.

The prior close was USD 14.9; the Oct 28, 2026 session ranged USD 14.63–15.39 on volume of 5,075,048 shares. Market capitalization is $4.01B, with a 52-week range of USD 6.79–15.51 (NMS). Source: Nexqual, retrieved October 29, 2026 at 08:45 UTC.

Also available as compact Markdown for AI agents: nexqual.com/FRSH.md

Key facts (FRSH)

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (FRSH)

USDFY2021FY2022FY2023FY2024FY2025TTM
Revenue$371M$498M$596M$720M$839M$904M
Gross profit$293M$402M$493M$607M$713M—
Operating income-$205M-$233M-$170M-$139M$13.2M$30.3M
Net income-$192M-$232M-$137M-$95.4M$184M$185M
EPS (diluted)-$21.73-$0.82-$0.47-$0.32$0.63—
Free cash flow$5.9M-$9.7M$84.1M$151M$237M$234M
Gross margin79.0%80.8%82.7%84.3%85.0%—
Operating margin-55.2%-46.9%-28.5%-19.2%1.6%3.3%
Net margin-51.7%-46.6%-23.0%-13.2%21.9%20.5%
Revenue growth+48.6%+34.2%+19.8%+20.8%+16.4%—
Cash + short-term investments$1.32B$1.15B$1.19B$1.07B$781M—

Fiscal years end Dec. EPS is split-adjusted.

Valuation (price ÷ last four quarters, through Jun 30, 2026) (FRSH)

P/E 21.7x · P/E ex non-operating (est.) ≈24.3x · P/S 4.4x · P/FCF 17.2x · P/B 4.5x · FCF yield 5.82% · Earnings yield 4.61% · Buyback yield (TTM) 9.13%

P/E at fiscal year-ends: Dec 2025 19.6x.

Insider sales (SEC Form 4, open-market, last ~7 months) (FRSH)

6 of 6 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.

Trade dateInsiderRoleSharesValue% of holdings sold10b5-1 planInsider type
2026-10-05Lawrence PhilippaChief Accounting Officer3,492$45K0.9%Yes (adopted March 18, 2026)Too little history (no open-market trades in 2023 or 2024)
2026-09-02Lawrence PhilippaChief Accounting Officer52,767$699K11.9%Yes (adopted March 18, 2026)Too little history (no open-market trades in 2023 or 2024)
2026-07-06Lawrence PhilippaChief Accounting Officer3,470$35K0.8%Yes (adopted March 18, 2026)Too little history (no open-market trades in 2023 or 2024)
2026-07-02Taylor Jennifer HDirector6,618$69K9.6%Yes (adopted March 20, 2026)Routine (sold in Jan & Feb & Mar & Apr & May & Jun & Aug & Sep each year 2023–2025; this trade is outside those months)
2026-07-01Padgett Barry L.Director6,618$69K12.3%Yes (adopted September 18, 2025)Routine (sold in Feb & Mar & May & Jul & Aug each year 2023–2025)
2026-06-17Lawrence PhilippaChief Accounting Officer10,530$97K2.2%Yes (adopted March 18, 2026)Too little history (no open-market trades in 2023 or 2024)

% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).

Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

Analysts (FRSH)

Consensus Buy (mean 2.35 on a 1–5 scale), 17 analysts; mean target USD 14.79 (low 10, high 25).

Rating changes, last 120 days:

DateFirmActionRatingPrice target
2026-10-28Wells FargoTarget raisedEqual-Weight$10 → $15
2026-09-14KeybancInitiatedOverweight$18
2026-08-05UBSTarget raisedBuy$11 → $14
2026-08-05Cantor FitzgeraldTarget raisedOverweight$12 → $15
2026-08-05Piper SandlerTarget raisedNeutral$10 → $12
2026-07-23GuggenheimInitiatedBuy$25

Total return (dividends reinvested) (FRSH)

1Y (from 2025-10-29)5Y (from 2021-10-25)
Total return+40.5%-69.4%
S&P 500 (SPY)+13.6%+79.8%
Per year+40.6%-21.1%
Volatility (annualized)50.4%55.1%
Max drawdown-48.8% (Dec 2025→Feb 2026)-85.6% (Oct 2021→Feb 2026)

FRSH earnings history and stock reaction

Results filedQuarterEPSConsensusSurpriseStock reaction
—Quarter ended Jun 30, 2026$0.17$0.13Beat +30.8%—
—Quarter ended Mar 31, 2026$0.11$0.11In line—
—Quarter ended Dec 31, 2025$0.14$0.11Beat +27.3%—
—Quarter ended Sep 30, 2025$0.16$0.13Beat +23.1%—

EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).

FRSH recent SEC filings (last 120 days)

FiledFormWhat it says
Aug 4, 202610-QQuarterly report · period ended Jun 30, 2026
Aug 4, 20268-KQuarterly results; Exit or restructuring costs (layoffs, closures)
“In May 2026, the Company announced a restructuring plan (the Plan) to streamline the Company's organizational efforts and product development process, as well as increase leverage of AI and automation across the business. During the three and six months ended June 30, 2026, we recognized $7.0 million in restructuring charges primarily associated with employee severance and benefit costs, in our condensed consolidated statements of operations. During the three and six months ended June 30, 2026, we paid $5.6…”
Jul 28, 20268-KOther material event
“On July 28, 2026, Freshworks Inc. (the "Company") announced that Ryan Manning has been appointed as the Company's Chief Product and Technology Officer, effective as of August 10, 2026. In this role, Mr. Manning will oversee the Company's global product and engineering functions.”

Source: SEC EDGAR. Quotes are the opening words of each item as filed; each form links to the filing. Insider Form 4 filings are listed in the insider sections.

FRSH suppliers, customers and competitors (named in its 10-K)

RelationshipCompanySentence in the filing
SupplierAlphabet (Google) (GOOGL)“We rely on third parties maintaining open digital marketplaces, including the Apple App Store and Google Play, which make our mobile applications for certain of our products available for download.”
SupplierApple (AAPL)“We rely on third parties maintaining open digital marketplaces, including the Apple App Store and Google Play, which make our mobile applications for certain of our products available for download.”
CustomerD42 Parent“We expect to derive value from the combination of D42 Parent, Inc.'s existing customer base, IT asset management technology, and trademarks, as well as through other synergies.”
PartnerAmazon (AMZN)“We primarily rely upon third-party cloud infrastructure partner, Amazon Web Services (AWS), to serve customers and operate certain aspects of its services.”
CompetitorServiceNow (NOW)“For our employee experience products, we face competition from traditional IT service management vendors such as ServiceNow, BMC, and Ivanti, as well as modern cloud-based providers, including Atlassian and various mid-market and emerging ITSM platforms.”
CompetitorSalesforce (CRM)“For our customer experience products, we primarily face competition from customer service suites such as Salesforce, Zendesk, Intercom, and legacy vendors, such as Oracle and SAP, and from customer relationship management vendors, such as Salesforce, HubSpot, Microsoft Dynamics, and Sage.”
CompetitorOracle (ORCL)“For our customer experience products, we primarily face competition from customer service suites such as Salesforce, Zendesk, Intercom, and legacy vendors, such as Oracle and SAP, and from customer relationship management vendors, such as Salesforce, HubSpot, Microsoft Dynamics, and Sage.”
CompetitorSAP (SAP)“For our customer experience products, we primarily face competition from customer service suites such as Salesforce, Zendesk, Intercom, and legacy vendors, such as Oracle and SAP, and from customer relationship management vendors, such as Salesforce, HubSpot, Microsoft Dynamics, and Sage.”
CompetitorMicrosoft (MSFT)“For our customer experience products, we primarily face competition from customer service suites such as Salesforce, Zendesk, Intercom, and legacy vendors, such as Oracle and SAP, and from customer relationship management vendors, such as Salesforce, HubSpot, Microsoft Dynamics, and Sage.”

Quoted from the company's 10-K filed Feb 26, 2026.

FRSH analyst estimates and revisions

PeriodEPS estimate90 days agoChangeRevenue estimateAnalysts
Current quarter (ends Sep 2026)$0.18$0.18+1.0%$245.1M17
Next quarter (ends Dec 2026)$0.21$0.20+2.5%$253.9M17
Current fiscal year (ends Dec 2026)$0.67$0.62+7.2%$965.0M17
Next fiscal year (ends Dec 2027)$0.83$0.80+4.1%$1.10B17

Key Statistics (as of October 29, 2026 at 08:45 UTC)

PriceUSD 15.38
Change▲ 3.22% (up)
Previous CloseUSD 14.9
OpenUSD 14.69
Day RangeUSD 14.63 – 15.39
52-Week RangeUSD 6.79 – 15.51
Volume5,075,048 shares
Market Cap$4.01B
ExchangeNMS

Technical Analysis (FRSH)

Nexqual's technical model rates FRSH "BUY" based on 5 bullish and 1 bearish signals across 127 daily candles, as of October 29, 2026 at 08:45 UTC.

Overall SignalBUY
RSI (14)68.9 (neutral)
vs SMA50Above (USD 13.36)
MACD0.64 (positive)

Analyst Ratings (FRSH)

Wall Street analysts rate FRSH "Buy" based on 17 analysts, with a mean price target of USD 14.79 (range USD 10–25), per Nexqual as of October 29, 2026 at 08:45 UTC.

Consensus RatingBuy
Analyst Count17
Mean TargetUSD 14.79
High TargetUSD 25
Low TargetUSD 10
Buy / Hold / Sell9 / 8 / 0

Earnings (FRSH)

Next Earnings Date2026-11-03
EPS EstimateUSD 0.18
Revenue Estimate$245.06M

Recent Earnings History

QuarterActual vs Estimate
2026-06-30USD 0.17 vs est 0.13 ▲ beat
2026-03-31USD 0.11 vs est 0.11 ▼ miss
2025-12-31USD 0.14 vs est 0.11 ▲ beat
2025-09-30USD 0.16 vs est 0.13 ▲ beat

Source: Nexqual, October 29, 2026 at 08:45 UTC.

Financials & Fundamentals (FRSH)

Total Revenue$903.87M
Revenue Growth (latest quarter, YoY)+16.00%
Gross Margin+84.96%
Operating Margin+5.53%
Profit Margin+20.49%
ROE+19.70%
Debt / Equity0.04
Current Ratio1.69
Total Cash$664.11M
Total Debt$34.59M
Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K)$233.75M (25.9% of revenue)

Source: Nexqual, October 29, 2026 at 08:45 UTC.

Financial Health Score (FRSH)

Nexqual rates Freshworks Inc.'s overall financial health "Strong" across five dimensions, as of October 29, 2026 at 08:45 UTC.

GrowthStrong — Revenue +16% YoY (annual)
ProfitabilityStrong — Gross margin 85%, operating 3% (last 4 quarters to Jun 2026, SEC; the Dec 2025 quarter alone accounts for 131% of operating income)
Balance SheetStrong — $664M cash vs $35M debt, net cash position
Cash FlowStrong — FCF $234M (last 4 quarters to Jun 2026, SEC), 26% margin
EfficiencyStrong — ROE 21%, ROA 12.4% (last 4 quarters, SEC)

Ownership (FRSH)

Insider Ownership+8.22%
Institutional Ownership+91.96%
Shares Outstanding236.96M
Float209.96M
Short % of Float+12.72%

Source: Nexqual, October 29, 2026 at 08:45 UTC.

Leadership (FRSH)

Freshworks Inc. is led by Dennis M. Woodside, CEO, President & Director, per Nexqual as of October 29, 2026 at 08:45 UTC.

CEO, President & DirectorDennis M. Woodside
Chief Technology OfficerMurali Swaminathan
Vice President of Investor RelationsKathryn R. Scolnick
Chief Marketing OfficerKady Srinivasan
Chief Revenue OfficerIan Tickle

Major Backers & Investors (FRSH)

Notable institutional backers of Freshworks Inc. include Alphabet Inc., AQR Capital Management, LLC, Haveli Investment Management LLC, according to Nexqual as of October 29, 2026 at 08:45 UTC.

Active Investors

InvestorStake
Alphabet Inc.6.84%
AQR Capital Management, LLC4.63%
Haveli Investment Management LLC3.46%
Westbridge Capital Management, LLC3.32%
Citadel2.89%
Fidelity0.99%

Index Funds (Passive)

FundStake
Vanguard Group11.12%
BlackRock8.26%
State Street2.39%
Geode Capital2.38%

Source: Nexqual, October 29, 2026 at 08:45 UTC.

From Freshworks Inc.'s Latest SEC 10-K Filing (filed 2026-02-26)

Key Strengths & Strategy (as disclosed to the SEC)

Legal & Regulatory Risks (Item 1A, quoted)

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

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Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 29, 2026 at 08:45 UTC. This page is informational and not investment advice.

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