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.

Freshworks Price Performance

Shares of Freshworks stock traded down $0.53 during trading on Thursday, hitting $17.27. 410,406 shares of the stock were exchanged, compared to its average volume of 4,097,083. The stock has a market cap of $5.23 billion, a price-to-earnings ratio of -50.85 and a beta of 0.91. The firm’s 50-day moving average price is $16.97 and its 200 day moving average price is $14.08. Freshworks has a 12-month low of $10.81 and a 12-month high of $21.61.

Freshworks (NASDAQ:FRSH) last announced its quarterly earnings results 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%. As a group, research analysts forecast that Freshworks will post -0.35 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Morgan Stanley upped 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 upped 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. Barclays upped their target price on shares of Freshworks from $14.00 to $20.00 and gave the company an “equal weight” rating in a report on Wednesday. Canaccord Genuity Group upped their target price on shares of Freshworks from $19.00 to $23.00 and gave the company a “buy” rating in a report on Wednesday. Finally, Robert W. Baird reduced 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. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat, Freshworks has an average rating of “Moderate Buy” and a consensus price target of $21.07.

Insider Activity

In other news, Director Zachary Nelson sold 8,433 shares of the stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $15.85, for a total value of $133,663.05. Following the sale, the director now directly owns 24,187 shares in the company, valued at $383,363.95. This represents a 25.85 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jennifer H. Taylor sold 4,690 shares of the 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 completion of the sale, the director now owns 36,689 shares in the company, valued at $614,173.86. This represents a 11.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 1,727,211 shares of company stock worth $27,224,746 over the last ninety days. 19.15% of the stock is currently owned by insiders.

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.