Reading FRSH? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track FRSH free→Reading FRSH? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track FRSH free→NASDAQInformation TechnologySoftware - ApplicationSnapshot 2026-06-15
Recent financial performance sits below its industry cohort — worth keeping an eye on, though it has not freshly broken.
Recent financial performance is neutral. Earnings quality is also neutral. Management's recent track record has been fairly steady. Risk is elevated, but the sector backdrop is a tailwind. Peer multiples imply a price about 26% above where it trades (it looks cheap on this basis); the read is fair, but weakening. If FRSH cuts guidance on the next call, that could be a meaningful negative. This read is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 6 valuation methods, at three horizons. Current price $9.51. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $9.51 FRSH trades at 16× p/e, below its 21× p/e peer median. Our $12 fair value sits above the price; high confidence. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The price implies about 24% below a flat-multiple fair value, below our forecast of about 16%. This describes what's priced in, not a forecast of the move.
Only weak execution quality, a turbulent sector regime (Heating) — not the full expensive x weak x turbulent stack.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Information Technology names rated neutral grew net income 54% of the time over the next year (vs 68% for the rest of the cohort, n=3704).
Over the trailing year it converted 1.37x of net income into operating cash flow. Historically, Information Technology names rated neutral grew net income 62% of the time over the next year (vs 58% for the rest of the cohort, n=2831).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, long-term interest rates, real (inflation-adjusted) rates, Fed net liquidity.
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
EPS estimate $0.13 → $0.13 (+3.1% / 30d). 8 raised, 3 cut, 15 covering analysts.
0 upgrades, 0 downgrades / 30d. 47% of analysts rate Buy.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Met or beat guidance 100% of the last 1 guided quarters · 0.0% avg surprise
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$176.
How much price usually moves either way.
On a bad day, this stock has moved -$476.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $5,553.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
No material changes since the prior snapshot.
as of 2026-06-15
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: If the sector's revenue growth slows, it may affect Freshworks' performance. A slowdown could signal broader challenges.
Confirms:Sector revenue growth has been below average for two months in a row.
Disproves:Sector revenue growth remains above its median for two consecutive months.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for FRSH yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Results of Operations and Financial Condition. On May 5, 2026, Freshworks Inc. issued a press release announcing its financial results for the first quarter ended March 31, 2026. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The foregoing information (including Exhibit 99.1 hereto) is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to th…
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
Looks cheaper than most peers in the same business.
Self-history needs ~20 months of data.
Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1
A side-by-side read on sector standing, valuation, and risk versus Application Software.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
FRSH Freshworks, Inc. | Typical Show detailsSector percentile: 52 of 100 | fair | elevated |
ORCL Oracle Corporation | Typical Show detailsSector percentile: 66 of 100 | expensive | elevated |
PLTR Palantir Technologies | Above typical Show detailsSector percentile: 82 of 100 | expensive | elevated |
SAP SAP SE | — | — | elevated |
APP AppLovin | Typical Show detailsSector percentile: 60 of 100 | expensive | elevated |
5 material management or governance events in the past 24 months, led by executive changes. Historically, Information Technology names rated neutral grew net income 64% of the time over the next year (vs 57% for the rest of the cohort, n=1040).
Not investment advice. As of 2026-06-15.
via XLK
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-15.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Execute a restructuring plan to streamline organizational efforts and increase AI leverage, affecting 11% of the workforce.
Newly stated in 2026-Q1. The restructuring plan aims to streamline organizational efforts and increase AI leverage, affecting approximately 500 employees globally, representing 11% of the workforce. This initiative is expected to optimize operations, but financial impact is yet to be seen.
“The Company announced a restructuring plan to streamline efforts and increase AI leverage, affecting 11% of the workforce.”
Initiate a stock repurchase program for up to $400 million of Class A common stock.
Newly stated in 2026-Q1. The company announced a stock repurchase program for up to $400 million. This capital allocation strategy is intended to enhance shareholder value, but no repurchase activity has been reported yet.
“The Board approved a stock repurchase program for up to $400 million of Class A common stock.”
Enhance business processes by increasing the leverage of AI and automation.
Newly stated in 2026-Q1. The company plans to enhance its business processes by increasing the leverage of AI and automation. This strategic shift is part of the broader restructuring plan, but specific outcomes or improvements have not been detailed yet.
“The restructuring plan aims to increase leverage of AI and automation across the business.”
Costs Associated with Exit or Disposal Activities. On May 5, 2026, the Company announced a restructuring plan (the “Plan”) to streamline the Company’s organizational efforts and product development process, as well as increase leverage of AI and automation across the business. The Plan is expected to affect approximately 500 employees globally, representing approximately 11% of the Company’s global workforce. In connection with the Plan, the Company currently estimates it will incur a charge…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (b) Departure of Named Executive Officer On March 5, 2026, Freshworks Inc. (the “Company”) announced that Mika Yamamoto will be leaving her position as Chief Integrated Customer Growth Officer of the Company, effective March 2, 2026 (the “Effective Date”). Ms. Yamamoto is expected to remain with the Company until April 2, 2026 in an advisory capaci…
Other Events. On February 25, 2026, the Board of Directors of the Company approved a stock repurchase program for the repurchase of up to $400 million of the Company’s outstanding Class A common stock. Under the repurchase program, the Company may repurchase shares of the Company’s outstanding Class A common stock from time to time in the open market, through privately negotiated transactions and/or other means in compliance with the Exchange Act and the rules and regulations thereunder. Open…
Results of Operations and Financial Condition. On February 10, 2026, Freshworks Inc. issued a press release announcing its financial results for the fourth quarter and full year ended December 31, 2025. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The foregoing information (including Exhibit 99.1 hereto) is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or…