11 Best Low Priced Technology Stocks to Buy Right Now

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8. Freshworks Inc. (NASDAQ:FRSH)

Stock Price: $12.56

Market Cap: $3.7 Billion

Potential Upside: 49%

Number of Hedge Fund Holders: 35

Freshworks Inc. (NASDAQ:FRSH) is one of the best low-priced technology stocks to buy right now. The company remains under investor scrutiny as it lays out long-term financial targets. On September 12, UBS analyst Taylor McGinnis reiterated a Buy rating and $19 price target, following the company’s updated outlook.

The company now aims to surpass $1.2 billion in revenue by FY 2028, representing 15%-16% annual growth, alongside free cash flow of more than $340 million, or a margin of 28%-30%. These goals align with a “Rule of 45” growth-profitability metric.

McGinnis acknowledged that investors may remain cautious, citing headwinds from seat-based SaaS models, rising AI adoption, and the company’s history of missing a prior FY 2026 revenue target of $1 billion.

Reflecting this, UBS hasn’t adjusted its FY 2025 forecast but has tweaked medium-term expectations, lowering the free cash flow margin forecast to 30% from 32% while setting revenue growth at the low end of management’s range.

Despite the execution risk, McGinnis argued that Freshworks Inc. (NASDAQ:FRSH) shares trade at an appealing valuation for CY 2026, with an EV/Sales ratio of approximately 3x and an EV/FCF ratio of 13x. The analyst believes that if the company delivers sustained mid-teens growth, the stock could see meaningful upside. However, near-term investor sentiment may depend on Freshworks’ ability to prove consistency in achieving its targets.

Freshworks Inc. (NASDAQ:FRSH) is a SaaS provider of customer engagement and IT service management solutions, offering products such as Freshdesk, Freshservice, and Freshsales.

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