Freshworks beats Q1 estimates, raises full-year growth forecast, remains undervalued in software sector.

Freshworks reported strong Q1 results, surpassing expectations and raising its full-year growth forecast by 0.5%. The company’s stock trades at a low valuation relative to revenue and earnings, making it an attractive value play in the software industry. Management highlighted robust demand for its employee experience tools, which are driving new customer growth. This performance positions Freshworks well amid a market dominated by semiconductor and AI hardware stocks.