Freshworks Inc. FRSH
Computer Software: Prepackaged Software · IPO 2021 · data as of November 13, 2026
Freshworks Inc. (FRSH) is a technology company listed in the US with a market value of about $3.3B. In the twelve months to September 30, 2026 it had revenue of $934M and net income of $208M, a net margin of 22.3%.
Its overall Stock Analiz score is 2.8 out of 5 (average). The strongest part is financial health (5/5); the weakest is shareholder returns (0/5).
Key numbers: a P/E of 17.6, a price to free cash flow of 13.5, 5-year revenue growth of 27% a year, a 5-year average ROIC of -10%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 7% below the current price.
Score: 2.8 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- Strong R&D investment or growth above 20%
- 5-year revenue growth above 8% a year
Checks not passed
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- 3-year free cash flow growth above 10% a year
- 5-year EPS growth above 10% a year
- 5-year average ROIC above 12%
- Profitable 5 years in a row
- Pays a dividend
- Share count down over 3 years (buybacks)
Valuation
Growth and quality
Financials, last 7 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $934M | $839M | $720M | $596M | $498M | $371M | $250M | $172M |
| Net income | $208M | $184M | -$95M | -$137M | -$232M | -$192M | -$57M | -$31M |
| Free cash flow | $247M | $237M | $151M | $84M | -$10M | $6M | $28M | -$20M |
| EPS (diluted) | $0.72 | $0.63 | $-0.32 | $-0.47 | $-0.82 | $-21.73 | $-21.03 | $-8.21 |
| Net margin | 22.3% | 21.9% | -13.2% | -23.0% | -46.6% | -51.7% | -22.9% | -18.1% |
| ROIC | — | 1.0% | -9.3% | -12.2% | -17.0% | -13.1% | — | — |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 13 analysts is $16.69, 32% above the current price; targets range from $13.00 to $25.00; the consensus rating is “Buy”; expected EPS is $0.71 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Freshworks’s P/E ratio?
About 17.6, based on the last twelve months of diluted earnings per share (forward P/E about 15.3).
Is Freshworks stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 7% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Freshworks pay a dividend?
Not currently.
Is Freshworks a good stock to buy?
We do not give buy or sell advice. Freshworks scores 2.8 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.