Freshworks (NASDAQ:FRSH) Releases FY 2025 Earnings Guidance

Freshworks (NASDAQ:FRSH) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.520-0.540 for the period, compared to the consensus estimate of 0.520. The company issued revenue guidance of $809.0 million-$821.0 million, compared to the consensus revenue estimate of $813.5 million. Freshworks also updated its Q1 2025 guidance to 0.120-0.140 EPS.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Scotiabank upped their price objective on Freshworks from $17.00 to $19.00 and gave the stock a “sector perform” rating in a research report on Wednesday. Oppenheimer boosted their price objective on Freshworks from $22.00 to $24.00 and gave the company an “outperform” rating in a report on Wednesday. Robert W. Baird decreased their price target on Freshworks from $16.00 to $15.00 and set a “neutral” rating for the company in a report on Thursday, November 7th. Barclays upped their price target on Freshworks from $14.00 to $20.00 and gave the stock an “equal weight” rating in a report on Wednesday. Finally, Canaccord Genuity Group boosted their price objective on Freshworks from $19.00 to $23.00 and gave the stock a “buy” rating in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $21.07.

Freshworks Price Performance

FRSH stock traded down $0.53 on Thursday, reaching $17.27. 410,406 shares of the company traded hands, compared to its average volume of 4,097,083. Freshworks has a one year low of $10.81 and a one year high of $21.61. The company has a market cap of $5.23 billion, a P/E ratio of -50.85 and a beta of 0.91. The firm has a fifty day simple moving average of $16.97 and a 200-day simple moving average of $14.08.

Freshworks (NASDAQ:FRSH) last posted its quarterly earnings data on Tuesday, February 11th. The company reported ($0.02) earnings per share 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%. On average, sell-side analysts forecast that Freshworks will post -0.35 EPS for the current year.

Insiders Place Their Bets

In other Freshworks news, insider Mika Yamamoto sold 2,859 shares of Freshworks stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $18.29, for a total value of $52,291.11. Following the completion of the sale, the insider now owns 397,390 shares of the company’s stock, valued at approximately $7,268,263.10. This trade represents a 0.71 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Zachary Nelson sold 8,442 shares of Freshworks stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $18.30, for a total value of $154,488.60. Following the completion of the sale, the director now directly owns 24,187 shares of the company’s stock, valued at approximately $442,622.10. The trade was a 25.87 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 1,727,211 shares of company stock valued at $27,224,746. 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.