Freshworks (FRSH) Stock: $25 Price Target And Equal-Weight Rating

By Amit Chowdhry ● Mar 4, 2022
  • The shares of Freshworks Inc (NASDAQ: FRSH) have received a $25 price target from Morgan Stanley. These are the details.

The shares of Freshworks Inc (NASDAQ: FRSH) have received a $25 price target from Morgan Stanley. And Morgan Stanley analyst Stan Zlotsky is maintaining an Equal-Weight rating.

Last month, the company revealed its Q4 and FY 2021 results.

For the quarter, the total revenue was $105.5 million representing a growth of 44% compared to the fourth quarter of 2020. And GAAP (loss) from operations was $(56.4) million, compared to $(3.4) million in the fourth quarter of 2020.

For FY 2021, the total revenue was $371 million, representing a growth of 49% compared to 2020. And GAAP (loss) from operations was $(204.8) million, compared to $(56.1) million in 2020.

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