Argus sets USD 16.00 target for Freshworks stock

Published on 10/20/2026 at 20:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue rose 16.00 percent to USD 237.40 million, with a 2.60 percent margin. Freshworks stock costs EUR 13.23 on October 20, 2026.

Analyst target and reporting date

Argus set a USD 16.00 target for Freshworks on October 14, 2026.
Second-quarter revenue rose 16.00 percent to USD 237.40 million, while operating margin reached 2.60 percent.
Freshworks stock costs EUR 13.23 at Lang & Schwarz on October 20, 2026 at 8:00 p.m. CEST.
Freshworks is scheduled to report third-quarter 2026 results on November 3, 2026.

FRSH, US3580541049, Illustration mit AI erstellt.

Freshworks (ISIN US3580541049) received a USD 16.00 price target when Yahoo Finance reported Argus coverage dated October 14, 2026. The target came with a Buy rating and marked Argus' first published coverage in the cited report. Freshworks stock was at EUR 13.23 at Lang & Schwarz on October 20, 2026 at 8:00 p.m. CEST.

Revenue growth reached 16.00 percent

Freshworks generated USD 237.40 million in revenue in the second quarter ended June 30, 2026, up 16.00 percent from USD 204.70 million a year earlier, according to The Economic Times. Operating income reached USD 6.10 million under US GAAP, compared with a USD 8.70 million loss in the year-ago quarter, lifting the operating margin to 2.60 percent from minus 4.20 percent.

The company also guided to third-quarter revenue of USD 244.50 million to USD 245.50 million. Full-year 2026 revenue guidance stood at USD 963.50 million to USD 966.50 million, up from the previous range of USD 958.00 million to USD 964.00 million.

Nasdaq price stays near its yearly high

Freshworks was trading at USD 14.87 on Nasdaq on October 20, 2026 at 2:03 p.m. EDT. The same session's quoted 52-week range ran from USD 6.79 to USD 14.92, leaving the stock USD 0.05 below its high and giving the company a market capitalization of USD 3.9 billion.

That price position puts the analyst target above the Nasdaq quotation by USD 1.13, although the two prices are in different currencies from the euro quotation used for the German market view. Freshworks' software business covers customer experience and employee experience products, including Freshservice, Freshdesk and AI-enabled tools.

November 3 is the next reporting date

MarketScreener lists November 3, 2026 as the next earnings release date for the third quarter. The date gives the next test for the USD 244.50 million to USD 245.50 million revenue outlook and the company's return to positive GAAP operating income.

Freshworks stock in euros

At Lang & Schwarz, Freshworks stock stood at EUR 13.23 on October 20, 2026 at 8:00 p.m. CEST. The Nasdaq quotation was USD 14.87 at 2:03 p.m. EDT on the same date. The further course of trading is shown by the continuously updated real-time quote of Freshworks stock.