Freshworks (NASDAQ:FRSH) Releases Q1 2025 Earnings Guidance

Freshworks (NASDAQ:FRSH) issued an update on its first quarter 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 0.120-0.140 for the period, compared to the consensus estimate of 0.120. The company issued revenue guidance of $190.0 million-$193.0 million, compared to the consensus revenue estimate of $192.3 million. Freshworks also updated its FY 2025 guidance to 0.520-0.540 EPS.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on FRSH shares. Robert W. Baird cut their target price on shares of Freshworks from $16.00 to $15.00 and set a “neutral” rating on the stock in a report on Thursday, November 7th. Morgan Stanley raised their price target on Freshworks from $18.00 to $19.00 and gave the stock an “equal weight” rating in a report on Monday, January 13th. Needham & Company LLC restated a “buy” rating and set a $20.00 price objective on shares of Freshworks in a research report on Wednesday, January 15th. Oppenheimer raised Freshworks from a “market perform” rating to an “outperform” rating and set a $22.00 target price on the stock in a research report on Thursday, January 16th. Finally, JMP Securities boosted their price target on shares of Freshworks from $21.00 to $24.00 and gave the company a “market outperform” rating in a report on Thursday, November 7th. One research analyst has rated the stock with a sell rating, five have given a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $19.07.

Freshworks Stock Down 2.4 %

FRSH traded down $0.44 during trading on Tuesday, reaching $17.86. The stock had a trading volume of 6,759,069 shares, compared to its average volume of 3,999,027. Freshworks has a 1-year low of $10.81 and a 1-year high of $22.14. The firm has a market capitalization of $5.41 billion, a price-to-earnings ratio of -52.53 and a beta of 0.91. The stock has a 50 day moving average of $16.90 and a two-hundred day moving average of $14.02.

Freshworks (NASDAQ:FRSH) last announced its earnings results on Tuesday, February 11th. The company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.10). Freshworks had a negative net margin of 14.80% and a negative return on equity of 8.57%. On average, research analysts forecast that Freshworks will post -0.35 EPS for the current fiscal year.

Insider Transactions at Freshworks

In other Freshworks news, Director Barry L. Padgett sold 2,345 shares of the firm’s stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $17.30, for a total value of $40,568.50. Following the completion of the transaction, the director now directly owns 26,957 shares in the company, valued at $466,356.10. This trade represents a 8.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Chairman Rathnagirish Mathrubootham sold 835,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 18th. The shares were sold at an average price of $16.08, for a total transaction of $13,426,800.00. Following the sale, the chairman now owns 551,137 shares in the company, valued at $8,862,282.96. This represents a 60.24 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 1,727,211 shares of company stock valued at $27,224,746 in the last quarter. Insiders own 19.15% of the company’s stock.

Freshworks Company Profile

Freshworks Inc, a software development company, provides software-as-a-service products worldwide. It offers Freshworks Customer Service Suite, which provides automated, personalized self-service on various channels, including web, chat, mobile messaging, email, and social; Freshdesk, a ticketing-centric customer service solution; Freshsuccess, a customer success solution; and Freshchat that provides agents with a modern conversational experience to proactively engage customers across digital messaging channels.