Freshworks Stock Today
| FRSH Stock | USD 17.69 0.39 2.25% |
Performance0 of 100
| Odds Of DistressLess than 42
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Freshworks is trading at 17.69 as of the 18th of April 2024. This is a 2.25% increase since the beginning of the trading day. The stock's open price was 17.3. Freshworks has about a 42 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Freshworks are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
Business Domain Software & Services | IPO Date 22nd of September 2021 | Category Technology | Classification Information Technology |
Freshworks Inc., a software development company, provides modern software-as-a-service products worldwide. The company was incorporated in 2010 and is headquartered in San Mateo, California. Freshworks Inc operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. The company has 218.14 M outstanding shares of which 11.71 M shares are currently shorted by private and institutional investors with about 4.61 trading days to cover. More on Freshworks
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Follow Valuation Options Odds of Bankruptcy
Financial Report 7th of May 2024
Freshworks Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Freshworks' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Freshworks or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and President and Director | Ken Calwell | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Application Software, Software - Application, Information Technology, NASDAQ Composite, NASDAQ Composite Total, Information Technology, Software, Software—Application, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Freshworks report their recommendations after researching Freshworks' financial statements, talking to executives and customers, or listening in on Freshworks' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Freshworks. The Freshworks consensus assessment is calculated by taking the average forecast from all of the analysts covering Freshworks. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Freshworks' liquidity, profitability, solvency, and operating efficiency, Freshworks may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. Financial strength of Freshworks is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Freshworks' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Freshworks' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Freshworks' financial leverage. It provides some insight into what part of Freshworks' total assets is financed by creditors.
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Freshworks (FRSH) is traded on NASDAQ Exchange in USA. It is located in 2950 South Delaware Street, San Mateo, CA, United States, 94403 and employs 4,900 people. Freshworks is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.27 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Freshworks's market, we take the total number of its shares issued and multiply it by Freshworks's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Freshworks conducts business under Software sector and is part of Information Technology industry. The entity has 218.14 M outstanding shares of which 11.71 M shares are currently shorted by private and institutional investors with about 4.61 trading days to cover.
Freshworks currently holds about 1.17 B in cash with 86.18 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.1.
Check Freshworks Probability Of Bankruptcy
Ownership AllocationFreshworks retains a total of 218.14 Million outstanding shares. The majority of Freshworks outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Freshworks to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Freshworks. Please pay attention to any change in the institutional holdings of Freshworks as this could imply that something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Freshworks Ownership Details
Freshworks Stock Price Odds Analysis
Coming from a normal probability distribution, the odds of Freshworks jumping above the current price in 90 days from now is about 89.03%. The Freshworks probability density function shows the probability of Freshworks stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.5381. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Freshworks will likely underperform. Additionally, freshworks has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Freshworks to move above the current price in 90 days from now is about 89.03 (This Freshworks probability density function shows the probability of Freshworks Stock to fall within a particular range of prices over 90 days) .
Freshworks Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Freshworks that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Freshworks' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Freshworks' value.| Instituion | Recorded On | Shares | |
| Franklin Resources Inc | 2023-12-31 | 3.2 M | |
| Fmr Inc | 2023-12-31 | 3.1 M | |
| Steadview Capital Management Llc | 2023-12-31 | 3.1 M | |
| Sc Us (ttgp), Ltd. | 2023-12-31 | 2.9 M | |
| T. Rowe Price Associates, Inc. | 2023-12-31 | 2.7 M | |
| Lord, Abbett & Co Llc | 2023-12-31 | 2.2 M | |
| Capital World Investors | 2023-12-31 | 2.1 M | |
| Clearbridge Advisors, Llc | 2023-12-31 | 2 M | |
| Norges Bank | 2023-12-31 | 1.9 M | |
| Vanguard Group Inc | 2023-12-31 | 19.8 M | |
| Westbridge Capital Management, Llc | 2023-12-31 | 16.5 M |
Freshworks Historical Income Statement
Freshworks Income Statement is one of the three primary financial statements used for reporting Freshworks's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Freshworks revenue and expense. Freshworks Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Freshworks' Other Operating Expenses is increasing as compared to previous years. The Freshworks' current Total Operating Expenses is estimated to increase to about 696.4 M, while Depreciation And Amortization is projected to decrease to under 11.3 M. View More FundamentalsFreshworks Stock Against Markets
Picking the right benchmark for Freshworks stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Freshworks stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Freshworks is critical whether you are bullish or bearish towards Freshworks at a given time. Please also check how Freshworks' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Freshworks without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Analyst AdviceAnalyst recommendations and target price estimates broken down by several categories |
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Freshworks Corporate Directors
Freshworks corporate directors refer to members of a Freshworks board of directors. The board of directors generally takes responsibility for the Freshworks' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Freshworks' board members must vote for the resolution. The Freshworks board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| John Shafer | Independent Director | Profile | |
| Jean Birch | Independent Director | Profile | |
| Benjamin Hochberg | Director | Profile | |
| David Mounts | Independent Director | Profile |
How to buy Freshworks Stock?
Before investing in Freshworks, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Freshworks. To buy Freshworks stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Freshworks. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Freshworks stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Freshworks stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Freshworks stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Freshworks, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Freshworks Stock please use our How to Invest in Freshworks guide.
Already Invested in Freshworks?
The danger of trading Freshworks is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Freshworks is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Freshworks. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Freshworks is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Freshworks offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Freshworks' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Freshworks Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Freshworks Stock: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Freshworks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in Freshworks Stock please use our How to Invest in Freshworks guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for Freshworks Stock analysis
When running Freshworks' price analysis, check to measure Freshworks' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Freshworks is operating at the current time. Most of Freshworks' value examination focuses on studying past and present price action to predict the probability of Freshworks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freshworks' price. Additionally, you may evaluate how the addition of Freshworks to your portfolios can decrease your overall portfolio volatility.
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Is Freshworks' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Freshworks. If investors know Freshworks will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Freshworks listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.47) | Revenue Per Share 2.035 | Quarterly Revenue Growth 0.202 | Return On Assets (0.07) | Return On Equity (0.13) |
The market value of Freshworks is measured differently than its book value, which is the value of Freshworks that is recorded on the company's balance sheet. Investors also form their own opinion of Freshworks' value that differs from its market value or its book value, called intrinsic value, which is Freshworks' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Freshworks' market value can be influenced by many factors that don't directly affect Freshworks' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Freshworks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Freshworks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freshworks' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.