Here's Why Wall Street is Bullish on Freshworks Inc. (FRSH)

Freshworks Inc. (NASDAQ:FRSH) is one of the Tech Stocks to Buy with the Highest Upside Potential. Wall Street is bullish on Freshworks Inc. (NASDAQ:FRSH) as the company topped revenue and EPS estimates during the fiscal second quarter of 2025. The revenue of $204.68 million was ahead by $5.74 million, whereas the EPS of $0.18 topped by $0.06.

Several analysts have given bullish ratings on the stock. Firstly, on July 30, a day after the release, Piper Sandler raised the firm’s price target on the stock from $22 to $25, while keeping an overweight rating. The firm noted that the company exceeded the Rule of 40 with a 27% free cash flow margin. While investors remain cautious on small-cap SaaS stocks, Freshworks Inc. (NASDAQ:FRSH) is building a strong and efficient growth model.

More recently, on August 11, Brian Schwartz from Oppenheimer reiterated a Buy rating on the stock with an associated price target of $19. The company expects full-year revenue in the range of $822.9 million – $828.9 million, reflecting 14% – 15% growth.

Freshworks Inc. (NASDAQ:FRSH) is a software company that offers SaaS solutions focused on Customer Experience and Employee Experience.

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. This article is originally published at Insider Monkey.