
Freshworks (FRSH) Stock Forecast & Price Target
Freshworks (FRSH) Analyst Ratings
Bulls say
Freshworks Inc. is experiencing notable growth, with its Enterprise Experience (EX) segment scaling to over $480 million in Annual Recurring Revenue (ARR) and achieving a year-over-year constant currency growth rate of 23%. The company's Artificial Intelligence (AI) ARR has doubled year-over-year, driven by strong adoption of its Copilot feature, suggesting a robust demand for its innovative offerings. Additionally, net revenue retention (NRR) is projected to improve to 106%, while a significant reduction in churn, down 14% year-over-year, indicates enhanced customer satisfaction and loyalty.
Bears say
Freshworks Inc faces significant pricing pressure in its competitive landscape, which could jeopardize its profitability if it fails to sustain the pricing power driven by its innovations. The company's year-to-date stock performance has lagged behind market indexes, reflecting broader market struggles and multiple compression in the enterprise software sector. Additionally, various risks, including fierce competition from established firms, operational uncertainties in India, execution challenges for new products, and potential security vulnerabilities, further contribute to a negative outlook on the firm's future growth prospects.
This aggregate rating is based on analysts' research of Freshworks and is not a guaranteed prediction by Public.com or investment advice.
Freshworks (FRSH) Analyst Forecast & Price Prediction
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