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FRSH vs WDAY
Which Stock Would AI Choose? Freshworks (FRSH) vs. Workday (WDAY) Stock Comparison
Key Takeaways
- Freshworks (FRSH) is a small-cap, AI-powered software-as-a-service (SaaS) vendor with a market capitalization near $3.9 billion, while Workday (WDAY) is a large-cap enterprise cloud leader valued near $48 billion.
- Freshworks recently reached GAAP (Generally Accepted Accounting Principles) profitability ahead of schedule, while Workday generates substantial profits and strong free cash flow at a much larger scale.
- Both companies are leaning heavily into agentic AI, but Workday monetizes it through a broader installed base of large enterprises.
- Freshworks shares have traded near their 52-week high on a recovery in momentum, whereas Workday shares remain below their prior peak despite improved sentiment.
- Workday carries lower forward valuation multiples relative to its size and profitability, while Freshworks offers faster top-line growth off a smaller base.
Introduction
Investors evaluating enterprise software often face a choice between established scale and faster-growing challengers, and the pairing of FRSH and WDAY captures exactly that tension. Freshworks provides customer experience (CX) and employee experience (EX) software for mid-market and "agile enterprise" customers, while Workday is a global leader in cloud-based human capital management (HCM) and financial management. This stock comparison is relevant to traders tracking relative performance, momentum, and AI-driven catalysts, as well as longer-term investors weighing market positioning, profitability, and valuation across two very different segments of the SaaS universe.
FRSH Overview and Recent Performance
FRSH, or Freshworks, offers AI-powered CX and EX software, including its Freshdesk and Freshservice platforms. In its most recent quarter, the company reported revenue of $237.4 million, up roughly 16% year over year, and posted a small GAAP net income of about $3.2 million — marking an earlier-than-expected move into GAAP profitability. Its employee experience business remains the primary growth engine, with EX annual recurring revenue (ARR), a measure of recurring subscription revenue, rising about 23% to $567 million.
Recent market activity has been favorable for the stock, which has traded near the upper end of its 52-week range after a prolonged recovery from much lower levels. Sentiment has been supported by several factors, including index inclusion, an analyst initiation with an Overweight rating, a growing base of customers paying for AI features, and a pending acquisition of Torii, an SaaS management platform. The company has also cited expanding adoption of its Freddy AI Copilot, with attach rates on larger new deals exceeding 70%, reinforcing its AI narrative.
WDAY Overview and Recent Performance
WDAY, or Workday, is a large enterprise software provider whose cloud platform manages HR and finance for thousands of large organizations worldwide. In its most recent quarter, revenue reached $2.65 billion, up about 13% year over year, with subscription revenue growing roughly 14%. Adjusted earnings per share (EPS), a profit measure that excludes certain one-time items, came in at $2.75, while the 12-month subscription revenue backlog rose about 14% to $9.03 billion.
Workday shares have been notably volatile over the past year, and the stock has rebounded in recent weeks after a sharp sell-off tied to broader concerns about AI disruption and enterprise software spending. Management has highlighted rapid uptake of its agentic AI products, which drove more than $100 million of new annual contract value (ACV), a measure of newly committed recurring revenue, in the latest quarter — over 25% of all new ACV. The company also authorized a new $4 billion share repurchase program, which has supported investor confidence alongside improving analyst price targets.
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For traders seeking a systematic, data-driven perspective on names like FRSH and WDAY, Tickeron's Trending AI Robots page offers a curated view of the platform's AI trading bots. Tickeron hosts hundreds of AI-powered trading bots that monitor thousands of tickers, but only the bots best suited to current market conditions earn a place in this section. These bots vary widely in trading style, strategy, timeframe, performance, and the set of tickers they trade, with many showing documented statistics and track records across different market regimes. Exploring the Trending AI Robots list can help traders identify which automated strategies are currently resonating with market conditions.
Head-to-Head Comparison
The most fundamental contrast between these two companies is scale and market position. Workday is an entrenched platform for large enterprises, with deep integration into mission-critical HR and finance workflows and a massive installed base. Freshworks, by contrast, competes in the mid-market and the lower end of the enterprise space, often displacing larger, more complex legacy vendors with faster time-to-value. This makes Workday's growth more tied to enterprise software budgets and hiring trends, while Freshworks' expansion is driven by share gains and an upmarket push.
On growth, Freshworks is expanding revenue at a mid-teens pace off a much smaller base, whereas Workday is growing in the low double digits at significantly larger scale. On profitability, Workday already delivers substantial non-GAAP operating margins and billions in free cash flow, while Freshworks has only recently crossed into GAAP profitability. Valuation also differs: Workday trades at a relatively modest forward price-to-earnings (P/E) multiple for a large software franchise, while Freshworks carries a higher multiple relative to current earnings, reflecting its earlier-stage growth profile.
Risk factors diverge as well. Workday faces questions about AI-driven disruption of seat-based software and sensitivity to enterprise hiring cycles. Freshworks contends with a less diversified revenue base, a slower-growing CX segment, and intense competition from larger rivals such as ServiceNow. Both rely on AI adoption as a key catalyst, but Workday monetizes it across a broader, more established customer base.
Tickeron AI Verdict
Based on observable factors such as trend consistency, relative positioning, and catalysts, Tickeron's AI would likely favor FRSH for momentum-oriented signals, given its recent move toward 52-week highs, improving profitability, and a cleaner near-term technical trend. However, for stability, scale, and durable cash-flow generation, WDAY presents a more established and lower-multiple profile. In probabilistic terms, the AI's preference would depend on the timeframe and strategy selected: shorter-horizon trend models may lean toward Freshworks, while longer-horizon, lower-volatility frameworks may tilt toward Workday's steadier cash flow and larger market footprint. Neither conclusion should be read as a definitive prediction of future performance.
Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is FRSH is a Hold and WDAY is a Hold.
FRSH saw its Stochastic Oscillator peaks and leaves the overbought zone
The Stochastic Oscillator for FRSH moved out of overbought territory on November 02, 2026. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 62 similar instances where the indicator exited the overbought zone. In 48 of the 62 cases the stock moved lower. This puts the odds of a downward move at 77%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for FRSH moved out of overbought territory on October 27, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 28 similar instances where the indicator moved out of overbought territory. In 21 of the 28 cases, the stock moved lower in the following days. This puts the odds of a move lower at 75%.
The Moving Average Convergence Divergence Histogram (MACD) for FRSH turned negative on November 02, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 51 similar instances when the indicator turned negative. In 38 of the 51 cases the stock turned lower in the days that followed. This puts the odds of success at 75%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FRSH declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 77%.
FRSH broke above its upper Bollinger Band on October 22, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on September 30, 2026. You may want to consider a long position or call options on FRSH as a result. In 80 of 101 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 79%.
Following a +4.49% 3-day Advance, the price is estimated to grow further. Considering data from situations where FRSH advanced for three days, in 207 of 293 cases, the price rose further within the following month. The odds of a continued upward trend are 71%.
The Aroon Indicator entered an Uptrend today. In 134 of 180 cases where FRSH Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 74%.
Fundamental Analysis (Ratings)
The Tickeron PE Growth Rating for this company is 5 (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Seasonality Score of 27 (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Price Growth Rating for this company is 36 (best 1 - 100 worst), indicating steady price growth. FRSH’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is 47 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of 69 (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (4.138) is normal, around the industry mean (-1.884). P/E Ratio (22.556) is within average values for comparable stocks, (15.540). Projected Growth (PEG Ratio) (0.509) is also within normal values, averaging (2.824). Dividend Yield (0.000) settles around the average of (0.072) among similar stocks. P/S Ratio (3.995) is also within normal values, averaging (70.854).
The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. FRSH’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 94, placing this stock worse than average.
WDAY saw its Stochastic Oscillator leaves the overbought zone
The Stochastic Oscillator for WDAY moved out of overbought territory on October 29, 2026. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 58 similar instances where the indicator exited the overbought zone. In 44 of the 58 cases the stock moved lower. This puts the odds of a downward move at 76%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for WDAY moved out of overbought territory on October 26, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 39 similar instances where the indicator moved out of overbought territory. In 27 of the 39 cases, the stock moved lower in the following days. This puts the odds of a move lower at 69%.
The Moving Average Convergence Divergence Histogram (MACD) for WDAY turned negative on October 30, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 48 similar instances when the indicator turned negative. In 30 of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at 62%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where WDAY declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 70%.
WDAY broke above its upper Bollinger Band on October 22, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on October 30, 2026. You may want to consider a long position or call options on WDAY as a result. In 62 of 89 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 70%.
WDAY moved above its 50-day moving average on October 19, 2026 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for WDAY crossed bullishly above the 50-day moving average on October 21, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In 10 of 16 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 62%.
Following a +1.37% 3-day Advance, the price is estimated to grow further. Considering data from situations where WDAY advanced for three days, in 170 of 300 cases, the price rose further within the following month. The odds of a continued upward trend are 57%.
The Aroon Indicator entered an Uptrend today. In 105 of 167 cases where WDAY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 63%.
Fundamental Analysis (Ratings)
The Tickeron Price Growth Rating for this company is 40 (best 1 - 100 worst), indicating steady price growth. WDAY’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is 54 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of 82 (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (7.392) is normal, around the industry mean (-1.884). P/E Ratio (40.270) is within average values for comparable stocks, (15.540). Projected Growth (PEG Ratio) (0.689) is also within normal values, averaging (2.824). Dividend Yield (0.000) settles around the average of (0.072) among similar stocks. P/S Ratio (4.773) is also within normal values, averaging (70.854).
The Tickeron PE Growth Rating for this company is 94 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. WDAY’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 94, placing this stock worse than average.
FRSH | WDAY | ||
|---|---|---|---|
OUTLOOK RATING 1..100 | 64 | 21 | |
VALUATION overvalued / fair valued / undervalued 1..100 | 69 Overvalued | 82 Overvalued | |
PROFIT vs RISK RATING 1..100 | 100 | 100 | |
SMR RATING 1..100 | 47 | 54 | |
PRICE GROWTH RATING 1..100 | 36 | 40 | |
P/E GROWTH RATING 1..100 | 5 | 94 | |
SEASONALITY SCORE 1..100 | 27 | n/a |
Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.
FRSH's Valuation (69) in the Restaurants industry is in the same range as WDAY (82) in the Information Technology Services industry. This means that FRSH’s stock grew similarly to WDAY’s over the last 12 months.
FRSH's Profit vs Risk Rating (100) in the Restaurants industry is in the same range as WDAY (100) in the Information Technology Services industry. This means that FRSH’s stock grew similarly to WDAY’s over the last 12 months.
FRSH's SMR Rating (47) in the Restaurants industry is in the same range as WDAY (54) in the Information Technology Services industry. This means that FRSH’s stock grew similarly to WDAY’s over the last 12 months.
FRSH's Price Growth Rating (36) in the Restaurants industry is in the same range as WDAY (40) in the Information Technology Services industry. This means that FRSH’s stock grew similarly to WDAY’s over the last 12 months.
FRSH's P/E Growth Rating (5) in the Restaurants industry is significantly better than the same rating for WDAY (94) in the Information Technology Services industry. This means that FRSH’s stock grew significantly faster than WDAY’s over the last 12 months.
| FRSH | WDAY | |
|---|---|---|
| RSI ODDS (%) | 1 day ago 75% | 1 day ago 69% |
| Stochastic ODDS (%) | 1 day ago 77% | 1 day ago 76% |
| Momentum ODDS (%) | 4 days ago 79% | 1 day ago 70% |
| MACD ODDS (%) | 1 day ago 75% | 1 day ago 63% |
| TrendWeek ODDS (%) | 1 day ago 78% | 1 day ago 71% |
| TrendMonth ODDS (%) | 1 day ago 79% | 1 day ago 64% |
| Advances ODDS (%) | 11 days ago 71% | 1 day ago 57% |
| Declines ODDS (%) | 1 day ago 77% | 5 days ago 70% |
| BollingerBands ODDS (%) | 1 day ago 72% | 1 day ago 71% |
| Aroon ODDS (%) | 1 day ago 74% | 1 day ago 63% |
Long-Term Analysis
It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is overvalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).
FRSH’s FA Score shows that 1 FA rating(s) are green while WDAY’s FA Score has 0 green FA rating(s).
- FRSH’s FA Score: 1 green, 4 red.
- WDAY’s FA Score: 0 green, 5 red.
Short-Term Analysis
It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.
If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.
FRSH’s TA Score shows that 3 TA indicator(s) are bullish while WDAY’s TA Score has 5 bullish TA indicator(s).
- FRSH’s TA Score: 3 bullish, 5 bearish.
- WDAY’s TA Score: 5 bullish, 5 bearish.
Price Growth
FRSH (@Packaged Software) experienced а -7.49% price change this week, while WDAY (@Packaged Software) price change was -4.97% for the same time period.
The average weekly price growth across all stocks in the @Packaged Software industry was -1.97%. For the same industry, the average monthly price growth was -4.38%, and the average quarterly price growth was -1.22%.
Reported Earning Dates
FRSH is expected to report earnings on Nov 03, 2026.
WDAY is expected to report earnings on Nov 24, 2026.
Industries' Descriptions
@Packaged Software (-1.97% weekly)Packaged software comprises multiple software programs bundled together and sold as a group. For example, Microsoft Office includes multiple applications such as Excel, Word, and PowerPoint. In some cases, buying a bundled product is cheaper than purchasing each item individually[s20] . Microsoft Corporation, Oracle Corp. and Adobe are some major American packaged software makers.
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FRSH and
Correlation & Price change
A.I.dvisor indicates that over the last year, FRSH has been closely correlated with ASAN. These tickers have moved in lockstep 75% of the time. This A.I.-generated data suggests there is a high statistical probability that if FRSH jumps, then ASAN could also see price increases.
| Ticker / NAME | Correlation To FRSH | 1D Price Change % | ||
|---|---|---|---|---|
| FRSH | 100% | -3.46% | ||
| ASAN - FRSH | 75% Closely correlated | -1.51% | ||
| VERX - FRSH | 74% Closely correlated | +3.33% | ||
| WDAY - FRSH | 73% Closely correlated | +0.16% | ||
| NOW - FRSH | 73% Closely correlated | +0.85% | ||
| CRM - FRSH | 72% Closely correlated | -1.30% | ||
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WDAY and
Correlation & Price change
A.I.dvisor indicates that over the last year, WDAY has been closely correlated with ADBE. These tickers have moved in lockstep 75% of the time. This A.I.-generated data suggests there is a high statistical probability that if WDAY jumps, then ADBE could also see price increases.
| Ticker / NAME | Correlation To WDAY | 1D Price Change % | ||
|---|---|---|---|---|
| WDAY | 100% | +0.16% | ||
| ADBE - WDAY | 75% Closely correlated | +0.50% | ||
| ASAN - WDAY | 75% Closely correlated | -1.51% | ||
| NOW - WDAY | 75% Closely correlated | +0.85% | ||
| FRSH - WDAY | 73% Closely correlated | -3.46% | ||
| INTU - WDAY | 72% Closely correlated | +3.23% | ||
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