Freshworks downgraded by Wells Fargo with a new price target
$FRSH
Computer Software: Prepackaged Software
Technology
Wells Fargo downgraded Freshworks from Equal Weight to Underweight and set a new price target of $13.00 from $16.00 previously
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/21/2025 | $16.00 → $13.00 | Equal Weight → Underweight | Wells Fargo |
| 1/16/2025 | $22.00 | Perform → Outperform | Oppenheimer |
| 10/16/2024 | $11.00 | Equal Weight | Wells Fargo |
| 5/2/2024 | Outperform → Perform | Oppenheimer | |
| 5/2/2024 | $28.00 → $16.00 | Outperform → Neutral | Robert W. Baird |
| 2/20/2024 | $27.00 | Peer Perform → Outperform | Wolfe Research |
| 1/5/2024 | $20.00 → $30.00 | Hold → Buy | Jefferies |
| 12/28/2023 | $25.00 → $30.00 | Buy | Needham |
SAN MATEO, Calif., Feb. 26, 2025 (GLOBE NEWSWIRE) -- Freshworks Inc., (NASDAQ:FRSH) today announced participation in the following events: Citizens JMP Technology Conference: Tyler Sloat, Chief Operating Officer and Chief Financial Officer, is scheduled to participate in a fireside chat on Monday, March 3, 2025 at 9:00 a.m. Pacific Time (12:00 p.m. Eastern Time)Morgan Stanley Technology, Media and Telecom Conference: Dennis Woodside, Chief Executive Officer and President, is scheduled to participate in a fireside chat on Wednesday, March 5, 2025 at 9:15 a.m. Pacific Time (12:15 p.m. Eastern Time) Audio webcast replays will be accessible from the Freshworks investor relations website at h
SAN MATEO, Calif., Feb. 26, 2025 (GLOBE NEWSWIRE) -- Freshworks Inc. (NASDAQ:FRSH), a leader in people-first AI service software, today announced a strategic relationship with Unisys (NYSE:UIS), a leading global technology solutions provider, to resell Freshworks' modern IT Service Management (ITSM) solutions, including Freshservice and Device42. This partnership underscores a shared commitment to serving the mid-market —an often overcharged and underserved segment in the ITSM landscape. "Our collaboration with Unisys is driven by a shared view that the market needs a fresh approach to IT services. Together we aim to disrupt the status quo with easy to use and deploy software that gives I
SAN MATEO, Calif., Feb. 11, 2025 (GLOBE NEWSWIRE) -- Freshworks Inc. (NASDAQ:FRSH), the provider of people-first AI service software, today announced financial results for its fourth quarter and full year ended December 31, 2024. "Freshworks outperformed its previously provided estimates again in Q4 across all our key metrics, delivering another strong quarter with revenue growing 22% year over year to $194.6 million, operating cash flow margin of 21%, and an adjusted free cash flow margin of 21%," said Dennis Woodside, Chief Executive Officer & President of Freshworks. "Companies are leaving legacy vendors and coming to Freshworks for our uncomplicated, modern employee and customer expe
SAN MATEO, Calif., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Freshworks Inc. (NASDAQ:FRSH) today announced Srinivasan Raghavan as its new Chief Product Officer (CPO) with over two decades of leadership experience in the enterprise SaaS industry. Srini will lead and scale the Freshworks' product strategy and vision for its people-first AI service software used to deliver exceptional customer experiences (CX) and employee experiences (EX). He joins the Freshworks executive management team, reporting directly to Chief Executive Officer and President Dennis Woodside. "Srini is a key addition to our team to lead innovation that delivers a scalable trajectory for growth across our three key business pr
Rocketlane champions professional services teams, the OGs of after sales experts, with an all-in-one AI powered platform to deliver the promise of sales and removes siloed project management and inefficiencies. SAN MATEO, Calif., June 25, 2024 /PRNewswire/ -- Professional services teams in companies are like the A-Team, a group of individuals who help clients extract the real value of a product or service they have purchased. They deliver on the mission of the company and the promise of the sales teams. However, today, their work is stifled by a mix-and-match of tools and legacy systems. Enabling them to succeed and thrive in their work, workflow automation platform Rocketlane is today annou
SAN MATEO, Calif., May 01, 2024 (GLOBE NEWSWIRE) -- Freshworks Inc. (NASDAQ:FRSH) today announced the appointment of Dennis Woodside as Freshworks' Chief Executive Officer & President, effective later today. Woodside, currently Freshworks' President, will succeed Girish Mathrubootham, the company's Founder, as CEO. Mathrubootham will transition to a new role of Executive Chairman. Mathrubootham will remain the chairman of the Board of Directors, and Woodside will also remain a member of the Board of Directors. Since founding Freshworks in 2010, Mathrubootham has transformed Freshworks from a fledgling startup in Chennai into a leading SaaS company headquartered in San Mateo, with produ
144 - Freshworks Inc. (0001544522) (Subject)
144 - Freshworks Inc. (0001544522) (Subject)
SCHEDULE 13D/A - Freshworks Inc. (0001544522) (Subject)
4 - Freshworks Inc. (0001544522) (Issuer)
4 - Freshworks Inc. (0001544522) (Issuer)
4 - Freshworks Inc. (0001544522) (Issuer)
SC 13G/A - Freshworks Inc. (0001544522) (Subject)
SC 13G/A - Freshworks Inc. (0001544522) (Subject)
SC 13G/A - Freshworks Inc. (0001544522) (Subject)
SAN MATEO, Calif., Feb. 11, 2025 (GLOBE NEWSWIRE) -- Freshworks Inc. (NASDAQ:FRSH), the provider of people-first AI service software, today announced financial results for its fourth quarter and full year ended December 31, 2024. "Freshworks outperformed its previously provided estimates again in Q4 across all our key metrics, delivering another strong quarter with revenue growing 22% year over year to $194.6 million, operating cash flow margin of 21%, and an adjusted free cash flow margin of 21%," said Dennis Woodside, Chief Executive Officer & President of Freshworks. "Companies are leaving legacy vendors and coming to Freshworks for our uncomplicated, modern employee and customer expe
SAN MATEO, Calif., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Freshworks Inc. (NASDAQ:FRSH), the provider of people-first AI service software, today announced financial results for its third quarter ended September 30, 2024. "Freshworks delivered a strong third quarter, with revenue growing 22% year over year to $186.6 million, net cash provided by operating activities margin improving to 23%, and free cash flow margin improving to 21%," said Dennis Woodside, CEO & President of Freshworks. "We continue to see mid-market and enterprise companies choose Freshworks as the AI-powered service platform that enables them to scale with exceptional customer and employee experiences." Third Quarter 2024 Fi
SAN MATEO, Calif., July 30, 2024 (GLOBE NEWSWIRE) -- Freshworks Inc. (NASDAQ:FRSH), a leading software company empowering businesses to delight their customers and employees, today announced financial results for its second quarter ended June 30, 2024. "Freshworks delivered a solid Q2, growing revenue to $174.1 million with a free cash flow margin of 19%," said Dennis Woodside, CEO & President of Freshworks. "Our results reflect our increasing financial discipline and our ability to meet the needs of customers with our AI-powered solutions. With clear strategic priorities in place, we are well positioned to seize the massive opportunity in front of us." Second Quarter
Wells Fargo downgraded Freshworks from Equal Weight to Underweight and set a new price target of $13.00 from $16.00 previously
Oppenheimer upgraded Freshworks from Perform to Outperform and set a new price target of $22.00
Wells Fargo initiated coverage of Freshworks with a rating of Equal Weight and set a new price target of $11.00