Freshworks (NASDAQ:FRSH) Issues Q1 2025 Earnings Guidance

Freshworks (NASDAQ:FRSH) issued an update on its first quarter 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 0.120-0.140 for the period, compared to the consensus EPS 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 Stock Down 3.0 %

Shares of FRSH stock traded down $0.53 during mid-day trading on Thursday, reaching $17.27. The company’s stock had a trading volume of 410,406 shares, compared to its average volume of 4,097,083. Freshworks has a 12-month low of $10.81 and a 12-month high of $21.61. The firm has a market capitalization of $5.23 billion, a PE ratio of -50.85 and a beta of 0.91. The company’s 50 day simple moving average is $16.97 and its 200-day simple moving average is $14.08.

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

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Oppenheimer lifted their price target on shares of Freshworks from $22.00 to $24.00 and gave the stock an “outperform” rating in a research note on Wednesday. Needham & Company LLC raised their price objective on shares of Freshworks from $20.00 to $25.00 and gave the stock a “buy” rating in a report on Wednesday. Robert W. Baird decreased their price objective 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. Scotiabank raised their price objective on shares of Freshworks from $17.00 to $19.00 and gave the stock a “sector perform” rating in a report on Wednesday. Finally, JMP Securities raised their price objective on shares of Freshworks from $21.00 to $24.00 and gave the stock a “market outperform” rating 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 stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $21.07.

Insiders Place Their Bets

In other Freshworks news, Director Zachary Nelson sold 8,433 shares of the business’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $15.85, for a total transaction of $133,663.05. Following the sale, the director now directly owns 24,187 shares in the company, valued at approximately $383,363.95. The trade was a 25.85 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Mika Yamamoto sold 2,859 shares of the business’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $18.29, for a total transaction of $52,291.11. Following the sale, the insider now owns 397,390 shares in the company, valued at $7,268,263.10. This trade represents a 0.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 1,727,211 shares of company stock worth $27,224,746. 19.15% of the stock is owned by corporate 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.