Analysts predict FRSH shares will perform strongly in 2023

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Freshworks Inc shares valued at $1,136,662 were sold by Mathrubootham Rathnagirish on Jun 11 ’25. At $16.01 per share, Mathrubootham Rathnagirish sold 70,997 shares. The insider’s holdings dropped to 724,515 shares worth approximately $11.35 million following the completion of this transaction.

Also, Mathrubootham Rathnagirish sold 55,800 shares, netting a total of over 892,800 in proceeds. Following the sale of shares at $16.00 each, the insider now holds 724,515 shares.

Before that, Mathrubootham Rathnagirish had sold 3,386 shares from its account. In a trade valued at $54,176, the EXECUTIVE CHAIRMAN traded Freshworks Inc shares for $16.00 each. Upon closing the transaction, the insider’s holdings decreased to 3,386 shares, worth approximately $11.66 million.

Analysts at Oppenheimer resumed the stock at ‘”an Outperform”‘ outlook in a report released in early April. As of January 21, 2025, Wells Fargo has decreased its “an Equal weight” rating to a “an Underweight” for FRSH. Earlier on January 16, 2025, Oppenheimer upgraded its rating. Their new recommendation was “an Outperform” for FRSH stock which previously was a “a Perform”.

Analyzing FRSH Stock Performance

On last trading session,, Freshworks Inc [NASDAQ: FRSH] rose 0.19% to $15.66. The stock’s lowest price that day was $15.355, but it reached a high of $15.71 in the same session. During the last five days, there has been a surge of approximately 0.32%. Over the course of the year, Freshworks Inc shares have dropped approximately -3.15%.

Support And Resistance Levels for Freshworks Inc (FRSH)

RSI (Relative Strength Index) is 58.27 on the 14-day chart, showing neutral technical sentiment.

Is Freshworks Inc subject to short interest?

Stocks of Freshworks Inc saw a sharp rise in short interest on 2025-05-30 jumping by 1.24 million shares to 10.94 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 9.71 million shares. A jump of 11.3% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 3.59 of the overall float, the days-to-cover ratio (short ratio) jumped to 3.59.

Which companies own the most shares of Freshworks Inc (FRSH)?

In terms of Freshworks Inc share price expectations, FactSet research, analysts set an average price target of 20 in the next 12 months, up nearly 27.96% from the previous closing price of $15.63. Analysts anticipate Freshworks Inc stock to reach 27 by 2025, with the lowest price target being 13. In spite of this, 12 analysts ranked Freshworks Inc stock as Buy at the end of 2025. On October 16, 2024, Wells Fargo assigned a price target of “an Equal weight” to the stock and initiated coverage with a $11.

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