Freshworks (FRSH) Competitors

$14.03
-0.64 (-4.36%)
(As of 05/3/2024 ET)

FRSH vs. TENB, SMAR, SQSP, ZI, VRNS, QLYS, BILL, S, VERX, and CVLT

Should you be buying Freshworks stock or one of its competitors? The main competitors of Freshworks include Tenable (TENB), Smartsheet (SMAR), Squarespace (SQSP), ZoomInfo Technologies (ZI), Varonis Systems (VRNS), Qualys (QLYS), BILL (BILL), SentinelOne (S), Vertex (VERX), and Commvault Systems (CVLT). These companies are all part of the "prepackaged software" industry.

Freshworks vs.

Tenable (NASDAQ:TENB) and Freshworks (NASDAQ:FRSH) are both mid-cap computer and technology companies, but which is the better stock? We will compare the two businesses based on the strength of their analyst recommendations, risk, earnings, community ranking, institutional ownership, media sentiment, dividends, valuation and profitability.

Tenable has a net margin of -8.18% compared to Tenable's net margin of -18.93%. Freshworks' return on equity of -10.59% beat Tenable's return on equity.

Company Net Margins Return on Equity Return on Assets
Tenable-8.18% -10.59% -2.31%
Freshworks -18.93%-10.66%-7.92%

Tenable has a beta of 0.94, indicating that its share price is 6% less volatile than the S&P 500. Comparatively, Freshworks has a beta of 0.88, indicating that its share price is 12% less volatile than the S&P 500.

Tenable has higher revenue and earnings than Freshworks. Tenable is trading at a lower price-to-earnings ratio than Freshworks, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Tenable$798.71M6.63-$78.28M-$0.58-76.90
Freshworks$596.43M7.01-$137.44M-$0.40-35.07

Tenable received 215 more outperform votes than Freshworks when rated by MarketBeat users. Likewise, 68.27% of users gave Tenable an outperform vote while only 38.68% of users gave Freshworks an outperform vote.

CompanyUnderperformOutperform
TenableOutperform Votes
256
68.27%
Underperform Votes
119
31.73%
FreshworksOutperform Votes
41
38.68%
Underperform Votes
65
61.32%

Tenable presently has a consensus target price of $57.20, suggesting a potential upside of 28.25%. Freshworks has a consensus target price of $22.59, suggesting a potential upside of 61.00%. Given Tenable's higher probable upside, analysts plainly believe Freshworks is more favorable than Tenable.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tenable
0 Sell rating(s)
2 Hold rating(s)
13 Buy rating(s)
0 Strong Buy rating(s)
2.87
Freshworks
0 Sell rating(s)
7 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.59

89.1% of Tenable shares are owned by institutional investors. Comparatively, 75.6% of Freshworks shares are owned by institutional investors. 4.3% of Tenable shares are owned by company insiders. Comparatively, 19.2% of Freshworks shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

In the previous week, Freshworks had 17 more articles in the media than Tenable. MarketBeat recorded 45 mentions for Freshworks and 28 mentions for Tenable. Freshworks' average media sentiment score of 0.28 beat Tenable's score of 0.04 indicating that Tenable is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Tenable
1 Very Positive mention(s)
6 Positive mention(s)
14 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Freshworks
7 Very Positive mention(s)
4 Positive mention(s)
13 Neutral mention(s)
7 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Tenable beats Freshworks on 12 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding FRSH and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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FRSH vs. The Competition

MetricFreshworksPrepackaged software IndustryComputer SectorNASDAQ Exchange
Market Cap$4.18B$21.18B$20.48B$7.70B
Dividend YieldN/A2.08%2.79%3.96%
P/E Ratio-35.0785.61251.4218.88
Price / Sales7.019.21528.2793.69
Price / CashN/A66.3128.8435.73
Price / Book3.889.136.634.36
Net Income-$137.44M$369.42M$637.32M$214.85M
7 Day Performance-23.92%-0.77%1.13%2.26%
1 Month Performance-22.10%-3.00%-1.10%-2.17%
1 Year Performance11.53%21.24%25.37%11.29%

Freshworks Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TENB
Tenable
4.6592 of 5 stars
$46.15
+2.5%
$56.63
+22.7%
+28.2%$5.48B$798.71M-67.871,999Analyst Report
Analyst Revision
News Coverage
SMAR
Smartsheet
4.5687 of 5 stars
$38.29
+1.1%
$49.75
+29.9%
-1.8%$5.26B$958.34M-48.473,330
SQSP
Squarespace
2.2085 of 5 stars
$36.31
+2.6%
$38.54
+6.1%
+34.4%$4.96B$1.01B-726.201,749Upcoming Earnings
Analyst Report
Insider Selling
ZI
ZoomInfo Technologies
4.2849 of 5 stars
$15.84
+1.1%
$21.43
+35.3%
-21.6%$6.01B$1.24B58.673,516Upcoming Earnings
VRNS
Varonis Systems
3.4597 of 5 stars
$44.79
+1.7%
$48.81
+9.0%
+95.1%$4.89B$499.16M-48.682,233Upcoming Earnings
QLYS
Qualys
1.4941 of 5 stars
$171.54
+1.8%
$153.23
-10.7%
+52.8%$6.34B$554.46M42.462,188Upcoming Earnings
BILL
BILL
4.603 of 5 stars
$61.27
+1.1%
$103.57
+69.0%
-29.2%$6.44B$1.06B-56.732,521Analyst Report
Gap Up
S
SentinelOne
1.9235 of 5 stars
$21.19
+3.5%
$26.08
+23.1%
+34.2%$6.57B$621.15M-18.272,300
VERX
Vertex
3.36 of 5 stars
$27.94
-7.0%
$35.67
+27.7%
+45.9%$4.31B$572.39M-279.401,500Upcoming Earnings
Gap Down
High Trading Volume
CVLT
Commvault Systems
2.6072 of 5 stars
$97.17
+1.7%
$85.60
-11.9%
+76.5%$4.18B$819.43M-3,237.922,779Analyst Report
Analyst Revision
News Coverage

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This page (NASDAQ:FRSH) was last updated on 5/5/2024 by MarketBeat.com Staff

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