Freshworks' Torii Acquisition: Can AI Spend Governance Drive Growth?
FRSH plans to acquire Torii to expand Freshservice into SaaS management and AI spend governance, targeting enterprise demand and deeper customer growth.
FRSH - Freshworks Inc.
Price:
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$14.60
DETAILS
HIGH:
$18.00
LOW:
$13.00
MEDIAN:
$14.00
CONSENSUS:
$14.60
DOWNSIDE:
1.52%
Stock News
Freshworks to Announce Third Quarter 2026 Financial Results on November 3, 2026
SAN MATEO, Calif., Oct. 08, 2026 (GLOBE NEWSWIRE) -- Freshworks Inc. (NASDAQ: FRSH) will announce its financial results for the third quarter ended September 30, 2026 following the close of market on Tuesday, November 3, 2026.
Why Freshworks Stock Bumped Higher Today
It'll replace a healthcare company that's being acquired. The "index effect" was in play after the announcement.
Freshworks (NASDAQ:FRSH) Sets New 12-Month High – Here’s Why
Freshworks Inc. (NASDAQ: FRSH - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Tuesday. The stock traded as high as $14.37 and last traded at $13.9760, with a volume of 1798559 shares traded. The stock had previously closed at $13.22. Wall Street Analyst Weigh In A number of research firms
Apogee Enterprises Posts Upbeat Q2 Earnings, Joins Constellation Energy, Freshworks And Other Big Stocks Moving Higher On Tuesday
U.S. stocks were higher, with the Dow Jones index surging over 250 points on Tuesday.
Freshworks Set to Join S&P SmallCap 600
NEW YORK, Oct. 5, 2026 /PRNewswire/ -- Freshworks Inc. (NASD: FRSH) will replace BioLife Solutions Inc. (NASD:BLFS) in the S&P SmallCap 600 effective prior to the open of trading on Thursday, October 8. S&P MidCap 400 constituent Repligen Corp. (NASD:RGEN) is acquiring BioLife Solutions in a deal expected to be completed soon, pending final closing conditions.
Freshworks: GAAP Profitability Is The Next Catalyst For This Undervalued SaaS Stock
Freshworks Inc. has rebounded strongly post-SaaSpocalypse, delivering sustained revenue growth and improving profitability. FRSH achieved GAAP profitability in Q2, driven by headcount reduction, lower SBC, and operating leverage, positioning it for a potential valuation rerating. AI adoption is accelerating, with over 7,000 customers and high attach rates, especially in larger enterprise deals; upstream growth outpaces overall revenue.
Freshworks Announces Inducement Grant under Listing Rule 5635(C)(4) of the Nasdaq Stock Market
SAN MATEO, Calif., Sept. 03, 2026 (GLOBE NEWSWIRE) -- Freshworks Inc. (Nasdaq: FRSH), the AI-powered, unified service operations platform, announced today that it granted to Ryan Manning, Freshworks' recently appointed Chief Product and Technology Officer, a restricted stock unit award covering 1,162,790 shares of Freshworks' Class A common stock under its 2022 Inducement Plan. The award was granted as an inducement material to Mr. Manning becoming a new employee of Freshworks in accordance with The Nasdaq Stock Market Listing Rule 5635(c)(4).
Freshworks Conference: CFO Bets on AI, Enterprise Simplicity to Drive Growth
Freshworks NASDAQ: FRSH CFO Tyler Sloat said the company is positioning its employee experience, or EX, portfolio around enterprise-grade technology designed to avoid the complexity typically associated with larger software platforms.
Freshworks Achieves FedRAMP® "In Process" Designation for Freshservice, Advancing AI-Powered Service Operations for the Public Sector
SAN MATEO, Calif., Aug. 06, 2026 (GLOBE NEWSWIRE) -- Freshworks Inc. (NASDAQ: FRSH) today announced that Freshservice, its AI-powered unified service operations platform, has achieved FedRAMP® ‘In-Process' status for Class C (Moderate) certification, signaling significant progress toward full authorization for U.S. federal government agencies. This designation marks a key milestone in Freshworks' plan to deliver modern service management software to federal agencies, and Freshservice is now listed on the FedRAMP Marketplace. Freshworks has engaged Coalfire, a leading provider of FedRAMP compliance assessments, to guide the authorization process.
Freshworks to Participate in Oppenheimer 29th Annual Technology, Internet & Communications Conference
SAN MATEO, Calif., Aug. 06, 2026 (GLOBE NEWSWIRE) -- Freshworks Inc. (NASDAQ: FRSH) today announced that Tyler Sloat, Chief Operating Officer and Chief Financial Officer, is scheduled to participate in a fireside chat at the Oppenheimer 29th Annual Technology, Internet & Communications Conference on Wednesday, August 12, 2026 at 9:25 a.m.
Freshworks: Fantastic Value Amid Multi-Product Sales Strength
Freshworks remains a compelling "Buy" as Q2 results dispel SaaS sector fears, with stable mid-teens revenue growth and strong Rule of 40 performance. FRSH's valuation is attractive, trading at a $2.67 billion enterprise value, with significant net cash and less than 2% penetration of its $45 billion TAM. EX ARR grew 23% year-over-year to $567 million, expected to maintain mid-20s growth and surpass $600 million by 2026, anchoring FRSH's growth engine.
Freshworks: The Market Is Underestimating This EX-First Story, And Q2 Only Reiterated That
Freshworks Inc. is initiated with a buy rating, citing a compelling EX positioning, cheap valuations, robust earnings and FCF growth, and technical momentum. FRSH's shift to an employee experience (EX) product suite, now 60% of ARR, drives superior growth, profitability, and stickiness, with EX ARR up 22% YoY. FY26 EPS guidance was raised by 7-8%, reversing prior expectations of an earnings contraction in FY26, with FY27 EPS growth projected at ~20-28%.
FRSH Q2 Earnings Call Highlights EX Growth and AI Monetization
Freshworks leans on EX growth and AI adoption after a Q2 beat, lifting its 2026 outlook as profitability and share buybacks strengthen.
Freshworks Inc. (FRSH) Q2 2026 Earnings Call Transcript
Freshworks Inc. (FRSH) Q2 2026 Earnings Call Transcript
Freshworks Q2 Earnings Call Highlights
Freshworks NASDAQ: FRSH reported second-quarter 2026 revenue of $237.4 million, up 16% year over year on a reported basis and 15% in constant currency, as the company highlighted continued growth in its employee experience, or EX, business and an earlier-than-expected move to GAAP profitability.
Freshworks Inc. (FRSH) Surpasses Q2 Earnings and Revenue Estimates
Freshworks Inc. (FRSH) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.18 per share a year ago.
Freshworks Reports Record Second Quarter 2026 Results
Beats revenue and profitability expectations, raises full year estimates Total revenues of $237.4 million, representing 16% year-over-year growth Positive GAAP Net Income of $3.2 million, representing the Company's first quarter of GAAP profitability in 2026 Achieved the 8th consecutive quarter of Rule of 40 demonstrating consistent growth and profitability SAN MATEO, Calif., Aug. 04, 2026 (GLOBE NEWSWIRE) -- Freshworks Inc. (Nasdaq: FRSH), today announced financial results for its second quarter ended June 30, 2026.
Freshworks Gears Up to Report Q2 Earnings: Here's What to Expect
Freshworks Inc. FRSH is set to report its second-quarter 2026 results on Aug. 4, after market close. The Zacks Consensus Estimate for revenues is pinned at $233.5 million, up 14.1% from the prior-year reported number.
Freshworks Named a Leader in the 2026 Gartner® Magic Quadrant™ for IT Service Management Platforms
SAN MATEO, Calif., July 29, 2026 (GLOBE NEWSWIRE) -- Freshworks Inc. (NASDAQ: FRSH) announced today that it has been named by Gartner as a Leader in the 2026 Gartner® Magic Quadrant™ for IT Service Management Platforms . The evaluation was based on specific criteria analyzing the company's overall Completeness of Vision and Ability to Execute. Freshworks attributes this recognition to its rapid customer growth and the depth and scale of its unified service operations platform.
Price Targets
Freshworks initiated with an Overweight at KeyBanc
$18.00
(was $12.30)
KeyBanc
Freshworks price target raised to $14 from $11 at UBS
$14.00
(was $11.88)
UBS
Freshworks price target raised to $13 from $10 at Baird
$13.00
(was $11.98)
Robert W. Baird
Freshworks price target raised to $15 from $12 at Cantor Fitzgerald
$15.00
(was $11.99)
Matthew VanVliet
·
Cantor Fitzgerald
Freshworks price target lowered to $13 from $15 at Morgan Stanley
$13.00
(was $8.71)
Morgan Stanley
Freshworks downgraded to Hold from Buy at Jefferies
$8.00
(was $7.46)
Jefferies
Freshworks price target lowered to $11 from $17 at UBS
$11.00
(was $7.23)
UBS
Freshworks price target lowered to $15 from $18 at Oppenheimer
$15.00
(was $7.37)
Oppenheimer
Freshworks price target lowered to $12 from $15 at Cantor Fitzgerald
$12.00
(was $8.73)
Cantor Fitzgerald
Freshworks price target lowered to $10 from $16 at Baird
$10.00
(was $8.73)
Robert W. Baird
Freshworks price target lowered to $10 from $12 at Piper Sandler
$10.00
(was $8.73)
Billy Fitzsimmons
·
Piper Sandler
Freshworks price target lowered to $14 from $19 at Canaccord
$14.00
(was $8.73)
Canaccord Genuity
Freshworks downgraded to Neutral from Overweight at Piper Sandler
$12.00
(was $10.66)
Brent Bracelin
·
Piper Sandler
Freshworks price target lowered to $18 from $19 at Oppenheimer
$18.00
(was $11.48)
Oppenheimer
UBS Reiterates Buy Rating on Freshworks Inc (FRSH)
$17.00
(was $12.05)
Taylor McGinnis
·
UBS
Freshworks price target raised to $25 from $22 at Piper Sandler
$25.00
(was $13.57)
Piper Sandler
Freshworks price target raised to $19 from $17 at Scotiabank
$19.00
(was $17.80)
Nick Altmann
·
Scotiabank
Freshworks price target raised to $18 from $16 at Baird
$18.00
(was $17.80)
Robert W. Baird
Freshworks price target raised to $24 from $20 at Piper Sandler
$24.00
(was $17.80)
Brent Bracelin
·
Piper Sandler
Freshworks price target raised to $24 from $22 at Oppenheimer
$24.00
(was $17.80)
Oppenheimer