Freshworks (NASDAQ:FRSH) Releases Q1 2025 Earnings Guidance

Freshworks (NASDAQ:FRSH) updated its first quarter 2025 earnings guidance on Tuesday. 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.

Analysts Set New Price Targets

FRSH has been the subject of several recent research reports. Morgan Stanley raised their target price on shares of Freshworks from $18.00 to $19.00 and gave the company an “equal weight” rating in a report on Monday, January 13th. JMP Securities raised their target price 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. Wells Fargo & Company downgraded shares of Freshworks from an “equal weight” rating to an “underweight” rating and dropped their target price for the company from $16.00 to $13.00 in a report on Tuesday, January 21st. Robert W. Baird dropped their target price on shares of Freshworks from $16.00 to $15.00 and set a “neutral” rating for the company in a report on Thursday, November 7th. Finally, Needham & Company LLC restated a “buy” rating and set a $20.00 target price on shares of Freshworks in a report on Wednesday, January 15th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $19.07.

Freshworks Stock Performance

Freshworks stock traded down $0.44 during trading on Tuesday, reaching $17.86. The company had a trading volume of 6,759,069 shares, compared to its average volume of 3,999,027. Freshworks has a 12-month low of $10.81 and a 12-month high of $22.14. The stock’s 50 day moving average price is $16.90 and its two-hundred day moving average price is $14.02. The firm has a market capitalization of $5.41 billion, a price-to-earnings ratio of -52.53 and a beta of 0.91.

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

Insider Buying and Selling at Freshworks

In other Freshworks news, Director Jennifer H. Taylor sold 4,690 shares of Freshworks stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of $16.74, for a total transaction of $78,510.60. Following the transaction, the director now directly owns 36,689 shares of the company’s stock, valued at $614,173.86. The trade was a 11.33 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Mika Yamamoto sold 5,718 shares of the business’s stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $16.95, for a total transaction of $96,920.10. Following the transaction, the insider now directly owns 403,108 shares in the company, valued at approximately $6,832,680.60. The trade was a 1.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 1,727,211 shares of company stock valued at $27,224,746 over the last ninety days. Corporate insiders own 19.15% of the company’s stock.

About Freshworks

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.