Freshworks (NASDAQ:FRSH) Price Target Cut to $12.00 by Analysts at Cantor Fitzgerald

Freshworks (NASDAQ:FRSH) had its target price dropped by equities research analysts at Cantor Fitzgerald from $15.00 to $12.00 in a research note issued on Wednesday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Cantor Fitzgerald’s target price points to a potential upside of 37.46% from the company’s current price.

FRSH has been the topic of a number of other reports. UBS Group reaffirmed a “buy” rating and issued a $17.00 price target on shares of Freshworks in a research note on Friday, November 14th. Wall Street Zen downgraded Freshworks from a “strong-buy” rating to a “buy” rating in a research note on Saturday, December 20th. Piper Sandler dropped their target price on Freshworks from $12.00 to $10.00 and set a “neutral” rating on the stock in a research report on Wednesday. Oppenheimer reduced their price target on Freshworks from $19.00 to $18.00 and set an “outperform” rating for the company in a report on Thursday, January 22nd. Finally, Canaccord Genuity Group set a $14.00 price target on Freshworks in a research note on Wednesday. Seven equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Freshworks has a consensus rating of “Hold” and a consensus target price of $16.62.

Freshworks Price Performance

NASDAQ:FRSH opened at $8.73 on Wednesday. The stock has a market cap of $2.46 billion, a PE ratio of -87.29 and a beta of 0.89. Freshworks has a fifty-two week low of $8.45 and a fifty-two week high of $18.77. The stock’s 50-day moving average is $11.67 and its two-hundred day moving average is $12.06.

Freshworks (NASDAQ:FRSH) last posted its quarterly earnings results on Tuesday, February 10th. The company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.11 by $0.03. The business had revenue of $222.74 million during the quarter, compared to analysts’ expectations of $218.76 million. Freshworks had a negative net margin of 3.65% and a negative return on equity of 0.37%. The firm’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same period last year, the company posted $0.14 earnings per share. Freshworks has set its Q1 2026 guidance at 0.100-0.120 EPS and its FY 2026 guidance at 0.550-0.570 EPS. On average, equities research analysts anticipate that Freshworks will post -0.19 earnings per share for the current year.

Insider Buying and Selling

In other Freshworks news, insider Mika Yamamoto sold 15,012 shares of the stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $13.00, for a total transaction of $195,156.00. Following the transaction, the insider owned 490,350 shares in the company, valued at $6,374,550. This trade represents a 2.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Philippa Lawrence sold 5,846 shares of Freshworks stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $12.06, for a total transaction of $70,502.76. Following the completion of the transaction, the chief accounting officer directly owned 392,711 shares in the company, valued at approximately $4,736,094.66. This represents a 1.47% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 22,267 shares of company stock worth $282,301 over the last three months. 11.17% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Royal Bank of Canada raised its holdings in Freshworks by 120.8% in the 1st quarter. Royal Bank of Canada now owns 21,388 shares of the company’s stock worth $302,000 after acquiring an additional 11,703 shares during the period. Amundi grew its position in shares of Freshworks by 1.3% in the first quarter. Amundi now owns 80,074 shares of the company’s stock valued at $1,049,000 after purchasing an additional 1,040 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in shares of Freshworks by 35.1% in the first quarter. Goldman Sachs Group Inc. now owns 2,225,056 shares of the company’s stock worth $31,396,000 after purchasing an additional 578,628 shares during the period. Woodline Partners LP increased its stake in shares of Freshworks by 13.5% in the first quarter. Woodline Partners LP now owns 21,569 shares of the company’s stock worth $304,000 after purchasing an additional 2,571 shares during the period. Finally, Focus Partners Wealth lifted its position in shares of Freshworks by 20.2% during the 1st quarter. Focus Partners Wealth now owns 12,399 shares of the company’s stock worth $175,000 after purchasing an additional 2,086 shares during the last quarter. 75.58% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Freshworks

Here are the key news stories impacting Freshworks this week:

• Positive Sentiment: Q4 beat on revenue and EPS; strong profitability and cash flow — Freshworks reported $222.7M revenue (+14% Y/Y) and $0.14 non‑GAAP EPS, topping estimates, with improved GAAP operating income, $62M operating cash flow and $56M adjusted free cash flow. Freshworks Reports Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: AI adoption & ARR momentum — Management cited AI-powered product adoption (Freddy AI, Freshservice / Freshdesk enhancements) and EX business passing $500M ARR as drivers of expansion and customer retention. Freshworks Inc (FRSH) Q4 2025 Earnings Call Highlights: Record Revenue and Strategic AI Growth
• Positive Sentiment: Longer‑term ARR target — Management set an ambition for $1.3B ARR by 2028, signaling explicit long‑term growth targets tied to its EX platform and AI roadmap. Freshworks targets $1.3B ARR by 2028 as EX platform and AI drive sustained growth
• Positive Sentiment: Revenue guidance nudges above Street — The company guided FY‑2026 revenue to $952–960M (slightly above consensus), reiterating mid‑teens growth and backing the narrative of demand for its AI features. Freshworks forecasts annual revenue above estimates on strong AI-driven software demand
• Neutral Sentiment: Analyst support — Canaccord reiterated a Buy, providing some sell‑side reinforcement even as price targets vary widely. Canaccord Genuity Remains a Buy on Freshworks (FRSH)
• Negative Sentiment: FY‑2026 EPS guidance below consensus — Freshworks guided non‑GAAP EPS to $0.55–0.57 for FY‑2026 versus a ~0.69 consensus, and Q1 EPS guidance ($0.10–0.12) was mixed versus expectations; that miss prompted investor concern and near‑term selling pressure. Freshworks shares drop as earnings guidance disappoints investors

Freshworks Company Profile

Freshworks, Inc is a global provider of cloud-based customer engagement software designed to help businesses streamline customer support, sales, marketing, and IT service operations. The company’s integrated suite of solutions enables organizations of all sizes to deliver seamless experiences across multiple channels, including email, chat, phone, and social media. Freshworks’ platform is built on modern, user-friendly interfaces and offers native automation, AI-powered insights, and analytics to improve efficiency and customer satisfaction.

The company’s flagship product, Freshdesk, serves as a helpdesk solution for customer support teams, while Freshservice addresses IT service management needs.