Freshworks (FRSH) Expected to Announce Earnings on Tuesday

Freshworks (NASDAQ:FRSH - Get Free Report) is expected to release its Q2 2025 earnings data after the market closes on Tuesday, July 29th. Analysts expect Freshworks to post earnings of $0.11 per share and revenue of $198.85 million for the quarter. Freshworks has set its FY 2025 guidance at 0.560-0.580 EPS and its Q2 2025 guidance at 0.100-0.120 EPS.

Freshworks (NASDAQ:FRSH - Get Free Report) last issued its earnings results on Tuesday, April 29th. The company reported $0.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.13 by $0.05. Freshworks had a negative return on equity of 4.41% and a negative net margin of 9.76%. The business had revenue of $196.27 million during the quarter, compared to analysts' expectations of $191.90 million. During the same period in the prior year, the firm posted $0.10 EPS. Freshworks's quarterly revenue was up 18.9% compared to the same quarter last year. On average, analysts expect Freshworks to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Freshworks Price Performance

Shares of FRSH traded down $0.35 during mid-day trading on Thursday, reaching $14.14. The company had a trading volume of 2,428,115 shares, compared to its average volume of 3,410,838. Freshworks has a twelve month low of $10.81 and a twelve month high of $19.77. The company's 50-day moving average is $14.96 and its 200-day moving average is $15.41. The company has a market capitalization of $4.17 billion, a P/E ratio of -58.91 and a beta of 0.95.

Analyst Upgrades and Downgrades

FRSH has been the topic of a number of research analyst reports. Jefferies Financial Group decreased their price target on Freshworks from $22.00 to $20.00 and set a "hold" rating on the stock in a research report on Monday, March 31st. Scotiabank increased their price target on Freshworks from $14.00 to $18.00 and gave the stock a "sector perform" rating in a research report on Wednesday, April 30th. JMP Securities restated a "market outperform" rating and set a $27.00 price target on shares of Freshworks in a research report on Wednesday, April 30th. Piper Sandler restated an "overweight" rating and set a $22.00 price target (up from $20.00) on shares of Freshworks in a research report on Wednesday, April 30th. Finally, Wall Street Zen upgraded Freshworks from a "buy" rating to a "strong-buy" rating in a research report on Sunday, June 29th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $20.07.

Insider Buying and Selling

In other news, Director Johanna Flower sold 8,000 shares of the stock in a transaction on Wednesday, July 2nd. The stock was sold at an average price of $14.80, for a total value of $118,400.00. Following the transaction, the director owned 48,094 shares of the company's stock, valued at $711,791.20. This represents a 14.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Jennifer H. Taylor sold 7,558 shares of the firm's stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $15.13, for a total value of $114,352.54. Following the sale, the director directly owned 44,218 shares in the company, valued at $669,018.34. The trade was a 14.60% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 206,075 shares of company stock worth $3,219,261 over the last 90 days. 11.17% of the stock is currently owned by corporate insiders.

Institutional Trading of Freshworks

Hedge funds have recently added to or reduced their stakes in the business. Focus Partners Wealth raised its stake in Freshworks by 20.2% during the 1st quarter. Focus Partners Wealth now owns 12,399 shares of the company's stock worth $175,000 after buying an additional 2,086 shares during the period. Royal Bank of Canada raised its stake in Freshworks by 120.8% during the 1st quarter. Royal Bank of Canada now owns 21,388 shares of the company's stock worth $302,000 after buying an additional 11,703 shares during the period. Woodline Partners LP raised its stake in Freshworks by 13.5% during the 1st quarter. Woodline Partners LP now owns 21,569 shares of the company's stock worth $304,000 after buying an additional 2,571 shares during the period. Amundi raised its stake in Freshworks by 1.3% during the 1st quarter. Amundi now owns 80,074 shares of the company's stock worth $1,049,000 after buying an additional 1,040 shares during the period. Finally, Goldman Sachs Group Inc. raised its stake in Freshworks by 35.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,225,056 shares of the company's stock worth $31,396,000 after buying an additional 578,628 shares during the period. Institutional investors and hedge funds own 75.58% 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.