Freshworks (NASDAQ:FRSH) Issues Q2 2026 Earnings Guidance

Key Points

• Freshworks raised Q2 2026 guidance to $0.13 EPS (range $0.130–$0.130) and $232.0M–$235.0M revenue versus consensus $0.09 EPS and $233.0M revenue, and lifted FY 2026 EPS guidance to $0.61–$0.63.
• Analyst coverage is mixed: six Buys, eight Holds and one Sell leave an average Street rating of "Hold" and an average price target of $12.45, amid several recent target cuts and downgrades.
• Recent operational and market signals: Freshworks beat last quarter with $0.14 EPS and $222.7M revenue (up 14.5% YoY), and the stock traded up ~2.3% to $9.19 with a $2.61B market cap.

Freshworks (NASDAQ:FRSH - Get Free Report) updated its second quarter 2026 earnings guidance on Tuesday. The company provided EPS guidance of 0.130-0.130 for the period, compared to the consensus EPS estimate of 0.090. The company issued revenue guidance of $232.0 million-$235.0 million, compared to the consensus revenue estimate of $233.0 million. Freshworks also updated its FY 2026 guidance to 0.610-0.630 EPS.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on FRSH. Wells Fargo & Company decreased their price objective on shares of Freshworks from $13.00 to $10.00 and set an "equal weight" rating for the company in a research note on Wednesday, February 11th. Wall Street Zen raised Freshworks from a "hold" rating to a "buy" rating in a report on Monday, April 6th. Citizens Jmp decreased their target price on Freshworks from $27.00 to $16.00 and set a "market outperform" rating for the company in a research report on Wednesday, February 11th. Oppenheimer downgraded Freshworks from an "outperform" rating to a "market perform" rating in a research note on Thursday, March 19th. Finally, Citigroup reaffirmed an "outperform" rating on shares of Freshworks in a research report on Wednesday, February 11th. Six investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, Freshworks currently has an average rating of "Hold" and an average price target of $12.45.

Freshworks Trading Up 2.3%

Shares of NASDAQ FRSH traded up $0.21 during trading on Tuesday, reaching $9.19. The company had a trading volume of 10,893,929 shares, compared to its average volume of 7,007,799. Freshworks has a twelve month low of $6.79 and a twelve month high of $16.14. The stock has a 50-day moving average price of $8.11 and a two-hundred day moving average price of $10.16. The stock has a market capitalization of $2.61 billion, a PE ratio of 14.36 and a beta of 0.83.

Freshworks (NASDAQ:FRSH - Get Free Report) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $0.14 EPS for the quarter, topping analysts' consensus estimates of $0.11 by $0.03. Freshworks had a return on equity of 4.69% and a net margin of 21.90%.The firm had revenue of $222.74 million during the quarter, compared to analysts' expectations of $218.76 million. During the same quarter last year, the business posted $0.14 EPS. The firm's quarterly revenue was up 14.5% compared to the same quarter last year. Freshworks has set its Q1 2026 guidance at 0.100-0.120 EPS and its FY 2026 guidance at 0.550-0.570 EPS. On average, sell-side analysts predict that Freshworks will post -0.1 EPS for the current year.

Insider Activity at Freshworks

In other news, insider Mika Yamamoto sold 32,577 shares of the business's stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $8.45, for a total value of $275,275.65. Following the completion of the transaction, the insider owned 1,127,723 shares of the company's stock, valued at $9,529,259.35. The trade was a 2.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 8.54% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of FRSH. Royal Bank of Canada boosted its holdings in shares of Freshworks by 120.8% during the first quarter. Royal Bank of Canada now owns 21,388 shares of the company's stock worth $302,000 after purchasing an additional 11,703 shares during the last quarter. Amundi increased its stake in Freshworks by 1.3% in the first quarter. Amundi now owns 80,074 shares of the company's stock valued at $1,049,000 after purchasing an additional 1,040 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in Freshworks by 35.1% during the first 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. Woodline Partners LP lifted its position in Freshworks by 13.5% during the first 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. Finally, Focus Partners Wealth boosted its stake in Freshworks by 20.2% in 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 last quarter. 75.58% of the stock is currently owned by institutional investors and hedge funds.

About Freshworks

Freshworks, Inc is a global provider of cloud-based customer engagement software designed to help businesses streamline customer support, sales, marketing, and IT service operations. The company's integrated suite of solutions enables organizations of all sizes to deliver seamless experiences across multiple channels, including email, chat, phone, and social media. Freshworks' platform is built on modern, user-friendly interfaces and offers native automation, AI-powered insights, and analytics to improve efficiency and customer satisfaction.

The company's flagship product, Freshdesk, serves as a helpdesk solution for customer support teams, while Freshservice addresses IT service management needs.

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