Currently, there are 244.97M common shares owned by the public and among those 185.50M shares have been available to trade.
The company’s stock has a 5-day price change of 17.44% and -27.39% over the past three months. FRSH shares are trading -11.32% year to date (YTD), with the 12-month market performance down to -22.74% lower. It has a 12-month low price of $10.81 and touched a high of $19.77 over the same period. FRSH has an average intraday trading volume of 3.63 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 9.99%, -3.21%, and 0.96% respectively.
Institutional ownership of Freshworks Inc (NASDAQ: FRSH) shares accounts for 51.20% of the company’s 244.97M shares outstanding.
It has a market capitalization of $4.34B and a beta (3y monthly) value of 0.98. The earnings-per-share (ttm) stands at -$0.32. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.09% over the week and 5.59% over the month.
Earnings per share for the fiscal year are expected to increase by 23.24%, and 22.93% over the next financial year. EPS should shrink at an annualized rate of 19.50% over the next five years, compared to 32.10% over the past 5-year period.
Looking at the support for the FRSH, a number of firms have released research notes about the stock. Oppenheimer stated their Outperform rating for the stock in a research note on April 09, 2025, with the firm’s price target at $24-$19. Wells Fargo coverage for the Freshworks Inc (FRSH) stock in a research note released on January 21, 2025 offered a Underweight rating with a price target of $13. Oppenheimer was of a view on January 16, 2025 that the stock is Outperform, while Wells Fargo gave the stock Equal Weight rating on October 16, 2024, issuing a price target of $11. Robert W. Baird on their part issued Neutral rating on May 02, 2024.
