Canaccord Genuity Remains a Buy on Freshworks (FRSH)

In a report released on February 6, David Hynes from Canaccord Genuity maintained a Buy rating on Freshworks, with a price target of $11.91.

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According to TipRanks, Hynes is an analyst with an average return of -13.2% and a 32.26% success rate. Hynes covers the Technology sector, focusing on stocks such as ServiceNow, Upland Software, and Atlassian.

In addition to Canaccord Genuity, Freshworks also received a Buy from TipRanks – OpenAI’s OpenAI Software – Application in a report issued on February 4. However, on the same day, TipRanks – xAI reiterated a Hold rating on Freshworks (NASDAQ: FRSH).

Based on Freshworks’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $215.12 million and a GAAP net loss of $4.68 million. In comparison, last year the company earned a revenue of $186.58 million and had a GAAP net loss of $29.96 million

Based on the recent corporate insider activity of 118 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of FRSH in relation to earlier this year. Most recently, in November 2025, Dennis Woodside, the CEO & President of FRSH bought 176,100.00 shares for a total of $1,991,691.00.