How to buy Freshworks stock (Freshworks)

Freshworks, the San Mateo, California-based business software rival to Salesforce, wrapped its initial public offering, raising $1.026 billion after selling 28.5 million shares at $36 each, well above its talked price range of $32 to $34 per share.

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Freshworks stock price (NASDAQ: FRSH)

Use our graph to track the performance of FRSH stocks over time.

Freshworks shares at a glance

• Key figures

Information last updated 2024-10-25.

Latest market close	$11.79
52-week range	$10.81 - $24.98
50-day moving average more info button	$11.41
200-day moving average more info button	$15.21
Wall St. target price	$16.80
PE ratio more info button	N/A
Dividend yield more info button	N/A
Earnings per share (TTM) more info button	$-0.35

Is it a good time to buy Freshworks stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Freshworks price performance over time

Historical closes compared with the close of $11.69 from 2024-10-28

1 week (2024-10-22)	2.54%
1 month (2024-09-30)	1.83%
3 months (2024-07-30)	-11.97%
6 months (2024-04-30)	-34.51%

1 year (2023-10-30)	-33.65%
2 years (2022-10-28)	-15.17%
3 years (2021-10-29)	50.25
5 years (2019-10-26)	N/A

Is Freshworks stock undervalued or overvalued?

Valuing Freshworks stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Freshworks's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Freshworks's PEG ratio

Freshworks's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.8982. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Freshworks's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

However, it's sensible to consider Freshworks's PEG ratio in relation to those of similar companies.

• Salesforce-com (CRM.US): 1.55
• Intuit (INTU.US): 1.84
• Microsoft Corporation (MSFT.US): 2.31

Freshworks financials

Revenue TTM	$652.9 million
Gross profit TTM	$402.2 million
Return on assets TTM	-6.57%
Return on equity TTM	-9.45%
Profit margin	-15.72%
Book value	$3.71
Market Capitalization more info button	$3.4 billion

TTM: trailing 12 months

Freshworks share dividends

We're not expecting Freshworks to pay a dividend over the next 12 months.

You may also wish to consider:

• Salesforce-com (CRM.US) (0.56% forward annual dividend yield)
• Intuit (INTU.US) (0.69% forward annual dividend yield)
• Microsoft Corporation (MSFT.US) (0.78% forward annual dividend yield)

Freshworks share price volatility

Over the last 12 months, Freshworks's shares have ranged in value from as little as $10.81 up to $24.975. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Freshworks's is 0.731. This would suggest that Freshworks's shares are less volatile than average (for this exchange).

To put Freshworks's beta into context you can compare it against those of similar companies.

• Salesforce-com (CRM.US): 1.3
• Intuit (INTU.US): 1.241
• Microsoft Corporation (MSFT.US): 0.896

Freshworks overview

Freshworks Inc. , a software development company, provides software-as-a-service products worldwide. It offers Freshworks Customer Service Suite, which provides automated, personalized self-service on various channels, including web, chat, mobile messaging, email, and social; Freshdesk, a ticketing-centric customer service solution; Freshsuccess, a customer success solution; and Freshchat that provides agents with a modern conversational experience to proactively engage customers across digital messaging channels. The company also provides Freshsales, an advanced and user-friendly sales automation solution; Freshmarketer, a marketing automation solution for businesses to redefine their marketing strategies; Freshsales Suite, which offers businesses a unified platform that facilitates cohesive engagement and detailed tracking of customers throughout their entire buying journey; Freshservice that offers virtual agents to help employees resolve issues, make requests, and answer questions without contacting the service desk; and Freshservice for Business Teams, which provides a unified employee service experience while ensuring the secure separation of departmental data. In addition, it offers Freshping to monitor website's availability and get multichannel alerts if the website goes down; Freshstatus, which allows businesses to create a custom branded website status page for internal or external viewing to communicate website uptime and availability; and Freshsurvey to measure net promoter scores and other satisfaction metrics directly within Freshworks products. The company was formerly known as Freshdesk Inc. and changed its name to Freshworks Inc.

Frequently asked questions

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What percentage of Freshworks is owned by insiders or institutions?
Currently 2.947% of Freshworks shares are held by insiders and 83.987% by institutions. How many people work for Freshworks?
Latest data suggests 4,900 work at Freshworks. When does the fiscal year end for Freshworks?
Freshworks's fiscal year ends in December. Where is Freshworks based?
Freshworks's address is: 2950 South Delaware Street, San Mateo, CA, United States, 94403 What is Freshworks's ISIN number?
Freshworks's international securities identification number is: US3580541049