Freshworks Future Growth

Future criteria checks 1/6

Freshworks is forecast to grow earnings and revenue by 19.5% and 14.6% per annum respectively. EPS is expected to grow by 44.2% per annum. Return on equity is forecast to be 11.8% in 3 years.

Key information

19.5%

Earnings growth rate

44.2%

EPS growth rate

Software earnings growth	16.1%
Revenue growth rate	14.6%
Future return on equity	11.8%
Analyst coverage	Good
Last updated	08 May 2024

Recent future growth updates

Recent updates

Freshworks May Face International Revenue Headwinds

Apr 25

Freshworks Inc. (NASDAQ:FRSH) Not Flying Under The Radar

Apr 15

An Intrinsic Calculation For Freshworks Inc. (NASDAQ:FRSH) Suggests It's 38% Undervalued

Mar 19

Freshworks Q4 Earnings: Growth Uncertainty Beyond 2024

Feb 07

Freshworks Is Significantly Undervalued And Does Not Reflect The Potential For Expanded Margins

Jan 28

Why Freshworks Inc. (NASDAQ:FRSH) Could Be Worth Watching

Jan 09

Freshworks Inc.'s (NASDAQ:FRSH) P/S Is Still On The Mark Following 29% Share Price Bounce

Dec 14

An Intrinsic Calculation For Freshworks Inc. (NASDAQ:FRSH) Suggests It's 25% Undervalued

Nov 29

Is Now An Opportune Moment To Examine Freshworks Inc. (NASDAQ:FRSH)?

Sep 26

Freshworks (NASDAQ:FRSH) Is In A Strong Position To Grow Its Business

Jul 31

Freshworks Inc. (NASDAQ:FRSH) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

May 04

We're Not Worried About Freshworks' (NASDAQ:FRSH) Cash Burn

Apr 12

A Look At The Intrinsic Value Of Freshworks Inc. (NASDAQ:FRSH)

Jan 31

Here's Why We're Not At All Concerned With Freshworks' (NASDAQ:FRSH) Cash Burn Situation

Dec 26

Earnings and Revenue Growth Forecasts

NasdaqGS:FRSH - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	968	-69	215	217	7
12/31/2025	822	-88	163	171	16
12/31/2024	700	-121	126	133	16
3/31/2024	624	-118	107	115	N/A
12/31/2023	596	-137	78	86	N/A
9/30/2023	569	-165	53	62	N/A
6/30/2023	545	-192	24	34	N/A
3/31/2023	521	-226	-4	8	N/A
12/31/2022	498	-232	-15	-3	N/A
9/30/2022	470	-251	-16	-5	N/A
6/30/2022	438	-2,566	-13	-3	N/A
3/31/2022	405	-3,101	-4	5	N/A
12/31/2021	371	-2,839	2	11	N/A
9/30/2021	339	-3,954	11	20	N/A
6/30/2021	308	-1,850	26	35	N/A
3/31/2021	276	-1,248	30	40	N/A
12/31/2020	250	-1,618	22	33	N/A
12/31/2019	172	-625	-23	-8	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: FRSH is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: FRSH is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: FRSH is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: FRSH's revenue (14.6% per year) is forecast to grow faster than the US market (8.4% per year).

High Growth Revenue: FRSH's revenue (14.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: FRSH's Return on Equity is forecast to be low in 3 years time (11.8%).

Freshworks Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Price target decreased by 18% to US$21.44

No longer forecast to breakeven

Freshworks Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2024

Price target increased by 7.3% to US$25.40

Forecast to breakeven in 2026

Freshworks Inc. Provides Revenue Guidance for the Fourth Quarter and Full Year of 2023

Recent updates

Co-Founder & Executive Chairman exercised options and sold US$1.3m worth of stock

Freshworks Inc. (NasdaqGS:FRSH), Raj Jalan and others entered into an definitive agreement to acquire Device42, Inc from Raj Jalan and others for approximately $230 million.

Price target decreased by 18% to US$21.44

Freshworks Inc. (NasdaqGS:FRSH) entered into an Agreement to acquire Device42, Inc. for $230 million.

Freshworks May Face International Revenue Headwinds

Freshworks Inc., Annual General Meeting, Jun 06, 2024

Freshworks Inc. (NASDAQ:FRSH) Not Flying Under The Radar

Independent Director notifies of intention to sell stock

Freshworks Inc. to Report Q1, 2024 Results on May 01, 2024

An Intrinsic Calculation For Freshworks Inc. (NASDAQ:FRSH) Suggests It's 38% Undervalued

CFO & Principal Accounting Officer exercised options and sold US$445k worth of stock

Co-Founder notifies of intention to sell stock

CFO & Principal Accounting Officer exercised options and sold US$493k worth of stock

No longer forecast to breakeven

Full year 2023 earnings: EPS exceeds analyst expectations

Now 21% undervalued

Freshworks Q4 Earnings: Growth Uncertainty Beyond 2024

Freshworks Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2024

Co-Founder exercised options and sold US$1.7m worth of stock

Freshworks Is Significantly Undervalued And Does Not Reflect The Potential For Expanded Margins

Price target increased by 7.3% to US$25.40

Independent Director notifies of intention to sell stock

Freshworks Inc. to Report Q4, 2023 Results on Feb 06, 2024

Why Freshworks Inc. (NASDAQ:FRSH) Could Be Worth Watching

Co-Founder exercised options and sold US$1.9m worth of stock

Forecast to breakeven in 2026

Independent Director notifies of intention to sell stock

Freshworks Inc.'s (NASDAQ:FRSH) P/S Is Still On The Mark Following 29% Share Price Bounce

Now 20% undervalued after recent price drop

An Intrinsic Calculation For Freshworks Inc. (NASDAQ:FRSH) Suggests It's 25% Undervalued

Freshworks Inc. Appoints Mika Yamamoto as Chief Customer and Marketing Officer

CFO & Principal Accounting Officer exercised options and sold US$399k worth of stock

Co-Founder exercised options and sold US$1.3m worth of stock

Freshworks Inc. Provides Revenue Guidance for the Fourth Quarter and Full Year of 2023

Price target decreased by 7.1% to US$23.40

Independent Director notifies of intention to sell stock

Freshworks Inc. to Report Q3, 2023 Results on Oct 31, 2023

Now 21% undervalued

Is Now An Opportune Moment To Examine Freshworks Inc. (NASDAQ:FRSH)?

Now 20% undervalued

Independent Director notifies of intention to sell stock

Price target increased by 8.7% to US$24.94

High number of new directors

Freshworks Inc. Appoints Johanna Jackman as Chief People Officer

CFO & Principal Accounting Officer exercised options and sold US$522k worth of stock

Consensus EPS estimates upgraded to US$0.52 loss

CFO & Principal Accounting Officer notifies of intention to sell stock

Price target increased by 23% to US$22.06

Freshworks (NASDAQ:FRSH) Is In A Strong Position To Grow Its Business

CFO & Principal Accounting Officer exercised options and sold US$410k worth of stock

Freshworks Inc. to Report Q2, 2023 Results on Aug 01, 2023

Independent Director notifies of intention to sell stock

Lead Independent Director notifies of intention to sell stock

Independent Director notifies of intention to sell stock

Co-Founder exercised options and sold US$980k worth of stock

Freshworks Inc. Appoints Pradeep Rathinam as Chief Revenue Officer

Freshworks Inc. (NASDAQ:FRSH) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Now 20% undervalued after recent price drop

Price target increased by 7.2% to US$18.60

Chief Product Officer exercised options and sold US$1.1m worth of stock

We're Not Worried About Freshworks' (NASDAQ:FRSH) Cash Burn

Independent Director exercised options and sold US$96k worth of stock

Chief Marketing Officer exercised options and sold US$2.7m worth of stock

Now 20% undervalued after recent price drop

Co-Founder notifies of intention to sell stock

Co-Founder notifies of intention to sell stock

Full year 2022 earnings: EPS exceeds analyst expectations

Freshworks Inc. Provides Financial Guidance for the First Quarter and Full Year of 2023