Freshworks Stock Price Prediction

FRSH Stock  USD 15.99  0.16  1.01%   
The relative strength indicator of Freshworks' share price is above 70 as of 29th of November 2024. This usually indicates that the stock is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling Freshworks, making its price go up or down.

Oversold Vs Overbought

71

 
Oversold
 
Overbought
The successful prediction of Freshworks' future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Freshworks, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Freshworks' stock price prediction:
EPS Estimate Next Quarter
0.08
EPS Estimate Current Year
0.3898
EPS Estimate Next Year
0.5188
Wall Street Target Price
18.375
Quarterly Revenue Growth
0.215
Using Freshworks hype-based prediction, you can estimate the value of Freshworks from the perspective of Freshworks response to recently generated media hype and the effects of current headlines on its competitors.

Freshworks Hype to Price Pattern

Investor biases related to Freshworks' public news can be used to forecast risks associated with an investment in Freshworks. The trend in average sentiment can be used to explain how an investor holding Freshworks can time the market purely based on public headlines and social activities around Freshworks. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Freshworks' market sentiment to its price can help taders to make decisions based on the overall investors consensus about Freshworks.
The fear of missing out, i.e., FOMO, can cause potential investors in Freshworks to buy its stock at a price that has no basis in reality. In that case, they are not buying Freshworks because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Freshworks after-hype prediction price

    
  USD 15.87  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Freshworks Basic Forecasting Models to cross-verify your projections.
For more detail on how to invest in Freshworks Stock please use our How to Invest in Freshworks guide.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Freshworks' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Intrinsic
Valuation
LowRealHigh
14.2520.1824.36
Details
18 Analysts
Consensus
LowTargetHigh
23.2125.5028.31
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.10.10.10
Details

Freshworks After-Hype Price Prediction Density Analysis

As far as predicting the price of Freshworks at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Freshworks or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Freshworks, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Freshworks Estimiated After-Hype Price Volatility

In the context of predicting Freshworks' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Freshworks' historical news coverage. Freshworks' after-hype downside and upside margins for the prediction period are 11.69 and 20.05, respectively. We have considered Freshworks' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
15.99
15.87
After-hype Price
20.05
Upside
Freshworks is not too volatile at this time. Analysis and calculation of next after-hype price of Freshworks is based on 3 months time horizon.

Freshworks Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Freshworks is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Freshworks backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Freshworks, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.59 
4.15
  0.04 
  0.29 
9 Events / Month
14 Events / Month
In about 9 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
15.99
15.87
0.25 
5,929  
Notes

Freshworks Hype Timeline

Freshworks is currently traded for 15.99. The entity has historical hype elasticity of 0.04, and average elasticity to hype of competition of 0.29. Freshworks is projected to increase in value after the next headline, with the price projected to jump to 15.87 or above. The average volatility of media hype impact on the company the price is over 100%. The price growth on the next news is projected to be 0.25%, whereas the daily expected return is currently at 0.59%. The volatility of related hype on Freshworks is about 846.94%, with the expected price after the next announcement by competition of 16.28. The company reported the previous year's revenue of 596.43 M. Net Loss for the year was (137.44 M) with profit before overhead, payroll, taxes, and interest of 402.23 M. Given the investment horizon of 90 days the next projected press release will be in about 9 days.
Check out Freshworks Basic Forecasting Models to cross-verify your projections.
For more detail on how to invest in Freshworks Stock please use our How to Invest in Freshworks guide.

Freshworks Related Hype Analysis

Having access to credible news sources related to Freshworks' direct competition is more important than ever and may enhance your ability to predict Freshworks' future price movements. Getting to know how Freshworks' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Freshworks may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
BRZEBraze Inc 1.26 11 per month 0.00 (0.09) 4.00 (4.84) 21.60 
ENFNEnfusion 0.09 9 per month 1.58  0.1  3.93 (2.90) 10.11 
CWANClearwater Analytics Holdings(1.11)9 per month 1.42  0.11  2.80 (2.78) 18.70 
LAWCS Disco LLC(0.03)8 per month 1.85 (0.02) 3.61 (3.18) 10.45 
EXFYExpensify 0.04 8 per month 2.89  0.1  11.36 (4.19) 27.58 
CXMSprinklr(0.15)8 per month 0.00 (0.08) 3.52 (4.92) 13.75 
ALKTAlkami Technology 0.38 10 per month 2.40  0.06  5.03 (4.89) 12.66 
VERXVertex(0.15)11 per month 1.66  0.17  3.69 (3.13) 19.03 
SPTSprout Social(2.31)9 per month 3.18 (0.03) 5.77 (4.06) 20.42 
GBTGGlobal Business Travel 0.73 6 per month 1.45  0.14  4.01 (2.48) 13.29 
MNDYMondayCom 3.52 11 per month 3.57  0.02  5.04 (3.23) 21.57 
DDOGDatadog 1.77 7 per month 1.67  0.14  4.39 (2.63) 9.06 
BILLBill Com Holdings(3.50)11 per month 1.31  0.21  6.14 (2.97) 20.98 
ASANAsana Inc 0.71 11 per month 2.53  0  5.67 (4.94) 10.16 
TEAMAtlassian Corp Plc 7.52 7 per month 1.16  0.20  3.90 (2.40) 22.97 
MNTVMomentive Global(0.02)8 per month 0.00  0.14  0.43 (0.21) 20.63 
VTEXVTEX 0.15 10 per month 0.00 (0.17) 2.78 (3.53) 11.44 
ONTFON24 Inc(0.08)8 per month 1.98 (0.03) 3.04 (3.03) 11.36 

Freshworks Additional Predictive Modules

Most predictive techniques to examine Freshworks price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Freshworks using various technical indicators. When you analyze Freshworks charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Freshworks Predictive Indicators

The successful prediction of Freshworks stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Freshworks, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Freshworks based on analysis of Freshworks hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Freshworks's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Freshworks's related companies.
 2021 2022 2023 2024 (projected)
Payables Turnover12.3416.2129.6631.14
Days Of Inventory On Hand68.4876.7569.0872.53

Story Coverage note for Freshworks

The number of cover stories for Freshworks depends on current market conditions and Freshworks' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Freshworks is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Freshworks' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Freshworks Short Properties

Freshworks' future price predictability will typically decrease when Freshworks' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Freshworks often depends not only on the future outlook of the potential Freshworks' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Freshworks' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding293.1 M
Cash And Short Term Investments1.2 B

Complementary Tools for Freshworks Stock analysis

When running Freshworks' price analysis, check to measure Freshworks' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Freshworks is operating at the current time. Most of Freshworks' value examination focuses on studying past and present price action to predict the probability of Freshworks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freshworks' price. Additionally, you may evaluate how the addition of Freshworks to your portfolios can decrease your overall portfolio volatility.
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Insider Screener
Find insiders across different sectors to evaluate their impact on performance