Freshworks Inc (NASDAQ:FRSH) shares traded 3.00% higher at $14.77 on Wall Street last session.
FRSH stock price is now 0.08% away from the 50-day moving average and 3.92% away from the 200-day moving average. The market capitalization of the company currently stands at $4.47B.
With the price target reduced from $24 to $19, Oppenheimer maintained Outperform rating for Freshworks Inc (NASDAQ: FRSH). On January 21, 2025, Wells Fargo Downgraded its previous ‘Equal Weight’ rating to ‘Underweight’ on the stock reducing its target price from $16 to quote $13, while ‘Oppenheimer’ rates the stock as ‘Outperform’
In other news, ROXANNE S AUSTIN, Director bought 6,303 shares of the company’s stock on Apr 09 ’25. The stock was bought for $76,306 at an average price of $12.11. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 01 ’25, CHIEF CUST & MARKETING OFFICER Yamamoto Mika sold 3,574 shares of the business’s stock. A total of $50,751 was realized by selling the stock at an average price of $14.20. This leaves the insider owning 611,604 shares of the company worth $9.03 million. A total of 38.67% of the company’s stock is owned by insiders.
During the past 12 months, Freshworks Inc has had a low of $10.81 and a high of $19.77. As of last week, the company has a debt-to-equity ratio of 0.03, a current ratio of 3.04, and a quick ratio of 3.04. The fifty day moving average price for FRSH is $14.7584 and a two-hundred day moving average price translates $14.2131 for the stock.
The latest earnings results from Freshworks Inc (NASDAQ: FRSH) was released for 2025-03-31. The net profit margin was -12.69% and return on equity was -8.63% for FRSH. The company reported revenue of $196.27 million for the quarter, compared to $165.14 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 18.85 percent. For the current quarter, analysts expect FRSH to generate $198.78M in revenue.
