Freshworks Stock Rallies 39% in 3 Months: Is This a Good Time to Buy?

Freshworks (FRSH) shares have rallied 39% over the past three months, outperforming the Zacks Computer & Technology sector’s growth of 8.7% and the Zacks Internet - Software industry’s return of 10.2%.FRSH shares are benefiting from the strong demand for its AI-powered solutions. The company’s expanding customer base and solid top-line growth have also increased investor confidence.The company achieved a 22% year-over-year increase in total revenues to $186.6 million in the third quarter of 2024. It added m ...