Why Investors Are Turning to Freshworks (FRSH) for AI Exposure

Freshworks Inc. (NASDAQ:FRSH) is one of the Must-Watch AI Stocks on Wall Street. On August 11, Oppenheimer analyst Brian Schwartz reiterated an Outperform rating on the stock with a $19.00 price target. The rating affirmation follows a webinar and investor meetings with the company’s CFO.

Oppenheimer hosted Freshworks CFO Tyler Sloat at its 28th Annual Technology, Internet, and Communications Conference on Monday. The conference included discussions about the company’s market opportunities, artificial intelligence momentum, and competitive positioning.

The firm recommends Freshworks to those investors who are looking for exposure to artificial intelligence.

“We hosted a well-attended webinar and investor meetings with Tyler Sloat, CFO of Freshworks, at our 28th Annual Technology, Internet, and Communications Conference earlier today. Management’s tone was upbeat as the discussion centered on the company’s large and underpenetrated TAM, AI business momentum, growth opportunities and competitive moat in the AI era, its go-to-market strategy with improving efficiency, move into adjacent workflow markets, multi-products adoption, product led growth momentum, stabilization in the CX business, technology updates, and productivity trends."

A laptop and a computer monitor display a detailed stock market technical analysis chart. Photo by Jakub Zerdzicki on Pexels "Following the webinar, we remain positive on Freshworks’ business momentum and AI monetization trajectory. Bottom Line: We recommend FRSH for investors looking for exposure to AI, the services modernization and customer/IT engagement themes at a discount valuation versus peers.”

Freshworks Inc. is a software development company that provides software-as-a-service products.

While we acknowledge the potential of FRSH as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.