FRSH Stock Recent News

Uncomplicated service software, flexible engagement models, and a new services delivery program help Freshworks partners accelerate time to value Uncomplicated service software, flexible engagement models, and a new services delivery program help Freshworks partners accelerate time to value

Freshworks trades at a steep discount relative to its peers despite its growing revenues, free cash flow, and strong balance sheet. The features of Freshworks' offerings are helping it gain market share, a potential boon for ARR and NRR in 2025 considering its ability to upsell and cross-sell its solutions. An optimistic mid-market outlook in 2025 could see Freshworks exceed management's guidance for revenue and free cash flow.

Freshworks (FRSH) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

FRSH is rapidly expanding its market share on the back of its extensive offerings built on a unified platform, reducing costs for organizations adopting them.

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.

DAN, SSB, INOD, FRSH and FRPT have been added to the Zacks Rank #1 (Strong Buy) List on February 24, 2025.

I like that Freshworks is highly profitable, debt-free, and trading at a reasonable 24x forward free cash flow. I acknowledge that slowing revenue growth is a concern, but I believe it's already factored into the stock price. I see Freshworks winning bigger deals and expanding its presence in the mid-market and enterprise space.

NVMI, FRSH and ENGN made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on February 19, 2024.

GE, OPRT, ENGN, FRSH and NVMI have been added to the Zacks Rank #1 (Strong Buy) List on February 19, 2024.

PBI, LTH, and FRSH it to the Zacks Rank #1 (Strong Buy) growth stocks list on February 19, 2024.