On August 14, Freshworks rose 8.5% in regular trading, trading at $12.63/share, with turnover of $67.87 million. The rally reflects continued market enthusiasm following the company's strong Q2 earnings report and upwardly revised full-year outlook.

Freshworks reported Q2 adjusted EPS of $0.17, significantly exceeding the consensus estimate of $0.13, representing a roughly 31% beat. Revenue came in at $237.377 million, topping the $233.616 million estimate. The company raised its full-year revenue guidance to $963.5 million–$966.5 million, above the Street's $961.3 million forecast, while full-year adjusted EPS guidance of $0.66–$0.68 meaningfully surpassed the prior consensus of $0.62.

Following the results, UBS raised its price target on Freshworks to $14 from $11 while maintaining a Buy rating. The company was also recognized as a Gartner leader in IT service management platforms, reinforcing fundamental momentum. These catalysts have driven sustained buying interest since the August 4 earnings release.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)