StockStory favors Freshworks, flags Marqeta and Procore as software sector lags S&P 500

StockStory said May 15, 2026, that Freshworks Inc. (NASDAQ: FRSH) is its preferred software stock to watch, while it is avoiding Marqeta Inc. (NASDAQ: MQ) and Procore Technologies Inc. (NYSE: PCOR), citing valuation concerns and weaker industry returns. The report said the software sector has fallen 15.8% over the past six months, trailing the S&P 500’s 7.9% gain. Freshworks, with a market capitalization of $2.38 billion, traded at $8.60 a share and 2.5 times forward price-to-sales. Marqeta, valued at $1.72 billion, traded at $4.06 a share and 2.5 times forward price-to-sales. Procore, with a $7.56 billion market value, traded at $50.00 a share and 5.2 times forward price-to-sales. The article positioned both as stocks investors should reconsider amid pressure on software multiples.