Freshworks (NASDAQ:FRSH) Updates Q2 2026 Earnings Guidance

Freshworks (NASDAQ:FRSH) updated its second quarter 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.130-0.130 for the period, compared to the consensus 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.

Freshworks Stock Up 2.3%

Shares of FRSH traded up $0.21 during mid-day trading on Tuesday, hitting $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 1-year low of $6.79 and a 1-year high of $16.14. The business’s 50-day simple moving average is $8.11 and its 200-day simple moving average is $10.16. The stock has a market cap of $2.61 billion, a PE ratio of 14.36 and a beta of 0.83.

Freshworks (NASDAQ:FRSH) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.11 by $0.03. The firm had revenue of $222.74 million during the quarter, compared to analyst estimates of $218.76 million. Freshworks had a net margin of 21.90% and a return on equity of 4.69%. Freshworks’s revenue for the quarter was up 14.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.14 earnings per share. 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 expect that Freshworks will post -0.1 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on FRSH. Citigroup reaffirmed an “outperform” rating on shares of Freshworks in a research report on Wednesday, February 11th. Piper Sandler lowered their price target on Freshworks from $12.00 to $10.00 and set a “neutral” rating for the company in a research report on Wednesday, February 11th. Wall Street Zen upgraded Freshworks from a “hold” rating to a “buy” rating in a research note on Monday, April 6th. Canaccord Genuity Group set a $14.00 price objective on Freshworks in a report on Wednesday, February 11th. Finally, Wells Fargo & Company decreased their target price on Freshworks from $13.00 to $10.00 and set an “equal weight” rating for the company in a report on Wednesday, February 11th. Six research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $12.45.

Insider Transactions at Freshworks

In other Freshworks news, insider Mika Yamamoto sold 32,577 shares of the firm’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $8.45, for a total value of $275,275.65. Following the transaction, the insider directly owned 1,127,723 shares of the company’s stock, valued at $9,529,259.35. This trade represents a 2.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 8.54% of the company’s stock.

Institutional Investors Weigh In On Freshworks

Hedge funds have recently modified their holdings of the stock. Vinva Investment Management Ltd acquired a new position in Freshworks during the 4th quarter worth approximately $185,000. Focus Partners Wealth purchased a new stake in shares of Freshworks during the third quarter valued at approximately $176,000. Vise Technologies Inc. raised its stake in shares of Freshworks by 37.4% during the third quarter. Vise Technologies Inc. now owns 14,030 shares of the company’s stock valued at $165,000 after purchasing an additional 3,816 shares during the period. Cibc World Markets Corp acquired a new position in shares of Freshworks during the fourth quarter worth $163,000. Finally, Principal Securities Inc. boosted its stake in shares of Freshworks by 174.8% in the fourth quarter. Principal Securities Inc. now owns 11,867 shares of the company’s stock valued at $145,000 after purchasing an additional 7,549 shares during the period. 75.58% of the stock is currently owned by hedge funds and other institutional investors.

Freshworks Company Profile

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.