NASDAQ · FRSH

Freshworks Inc.

Technology · Software - Application

$12.25▼ 3.69% ($0.47)at close

After hours$12.30▲ 0.41%7:30 PM ET

52-week

$6.79$13.99

Market cap

What the market price implies · Reverse DCF

To support a price of $12.25, this model requires revenue to grow by 18.43%/yr over the next 10 years, compounded annually.

Historical revenue grew by 22.62%/yr over the past 4 years. The required annual growth rate is 4.19 percentage points lower.

Selected forecast · Base scenario

12.4%/yr · actual 10-year annualized revenue growth

Year 1 growth: 19.45%

Market-implied · Base operating assumptions + edited margins

18.43%/yr · flat 10-year annualized revenue growth

Reverse DCF solves revenue growth itself using Base operating assumptions and your edited margins. Changing forecast growth alone does not change the implied rate. This is a model-implied requirement, not an analyst forecast.

Valuation

Recommended · Revenue & margin DCF

Price used

$12.25

Estimated value / share

$8.51

Base scenario

This estimate is 30.5% below the price used.

USD · TTM ending 2026-06-30

Year 1 growth 19.45% · Ending margin 5.08% · Discount rate 9.92%

Assumption scenarios, not statistical confidence intervals.

Method, dates & sources

Estimated from future revenue, operating margins, and the investment needed to support them.

Price timestamp: Sep 18, 2026, 8:00 PM UTC
Financial statement period: TTM ending 2026-06-30
Data refreshed: Sep 19, 2026, 2:21 PM UTC · provider

Why this method?

There is not a stable run of positive FCFF to anchor a direct cash-flow CAGR, so the model should start from revenue and margin assumptions instead.

Is FCFF positive and has it been for 3+ consecutive years? Only 1 consecutive positive FCFF years are available.

Price vs Fundamentals

Why The Stock Is Moving

Mixed / unclearLow confidence

1Y Price: -6.99%Revenue (TTM): 15.57%FCF (TTM): 30.56%P/FCF: 17th pct

What changed

The stock fell 6.99% over the last year. Revenue grew 15.57% over the trailing twelve months. Operating margin moved from -10.45% to 3.35%. Free cash flow grew 30.56% over the trailing twelve months.

What the market seems to be pricing

The stock has moved lower against modestly improving underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.

What would invalidate this read

Operating margin currently stands at 3.35%. A decisive move in revenue — currently up 15.57% — would be the clearest signal to resolve the ambiguity.

Performance

Return analysis

Company profile

Freshworks Inc., a software development company, provides software-as-a-service products in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally.

CEODennis Woodside

SectorTechnology

IndustrySoftware - Application

Employees4,500

IPO dateSep 22, 2021

https://www.freshworks.com

Market multiples

Forward P/E—

EV/EBITDA27.41

Enterprise value$3.04B

Stock splits

No stock splits recorded for this ticker.

Profitability & growth

Revenue growth15.98%

Gross margin (FY2025)84.96%▲0.7ppvs FY2024

Operating margin (FY2025)1.62%▲20.9ppvs FY2024

ROE19.7%▲2.8ppvs FY2025

Analyst consensus

RatingBuy

Target price$14.60▲19.18%

Buy

Hold

Sell

Analyst ratings tend to be lagging indicators. Use as one signal among many.

Earnings

Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.

Next report

Nov 3, 2026

Q4 FY26 · EPS est $0.18 · Revenue est $245.06M

View