Freshworks (NASDAQ:FRSH) Updates FY 2026 Earnings Guidance

Freshworks (NASDAQ:FRSH) issued an update on its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 0.660-0.680 for the period, compared to the consensus estimate of 0.500. The company issued revenue guidance of $963.5 million-$966.5 million, compared to the consensus revenue estimate of $961.2 million. Freshworks also updated its Q3 2026 guidance to 0.180-0.180 EPS.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on FRSH. Wall Street Zen downgraded Freshworks from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Citigroup restated a “market outperform” rating on shares of Freshworks in a report on Tuesday, June 2nd. Morgan Stanley cut their target price on Freshworks from $15.00 to $13.00 and set an “equal weight” rating on the stock in a research report on Monday, May 11th. Guggenheim assumed coverage on Freshworks in a research note on Wednesday, July 22nd. They set a “buy” rating and a $25.00 target price for the company. Finally, Weiss Ratings lowered shares of Freshworks from a “sell (d+)” rating to a “sell (d)” rating in a research note on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $13.25.

Freshworks Trading Up 2.3%

Freshworks stock traded up $0.27 during midday trading on Tuesday, hitting $12.04. The stock had a trading volume of 8,356,077 shares, compared to its average volume of 11,424,372. The stock has a market cap of $3.33 billion, a P/E ratio of 19.42 and a beta of 0.86. Freshworks has a 12 month low of $6.79 and a 12 month high of $14.06. The business has a fifty day moving average price of $10.03 and a 200 day moving average price of $9.18.

Freshworks (NASDAQ:FRSH) last released its earnings results on Tuesday, August 4th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.04. The company had revenue of $237.38 million for the quarter, compared to the consensus estimate of $233.62 million. Freshworks had a return on equity of 4.27% and a net margin of 20.69%.Freshworks has set its FY 2026 guidance at 0.660-0.680 EPS and its Q3 2026 guidance at 0.180-0.180 EPS. On average, equities analysts anticipate that Freshworks will post -0.02 EPS for the current fiscal year.

Insider Activity at Freshworks

In other Freshworks news, CAO Philippa Lawrence sold 3,470 shares of the firm’s stock in a transaction on Monday, July 6th. The stock was sold at an average price of $10.13, for a total value of $35,151.10. Following the sale, the chief accounting officer directly owned 456,144 shares in the company, valued at approximately $4,620,738.72. This trade represents a 0.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Jennifer H. Taylor sold 6,618 shares of the stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $10.44, for a total transaction of $69,091.92. Following the completion of the sale, the director directly owned 62,673 shares in the company, valued at approximately $654,306.12. This trade represents a 9.55% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 27,236 shares of company stock valued at $270,331. Corporate insiders own 8.54% of the company’s stock.

Institutional Investors Weigh In On Freshworks

Several large investors have recently made changes to their positions in FRSH. Amundi raised its position in shares of 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 period. Focus Partners Wealth grew its stake in Freshworks by 20.2% in the 1st quarter. Focus Partners Wealth now owns 12,399 shares of the company’s stock valued at $175,000 after buying an additional 2,086 shares during the last quarter. Canada Pension Plan Investment Board grew its stake in Freshworks by 0.8% in the 2nd quarter. Canada Pension Plan Investment Board now owns 267,900 shares of the company’s stock valued at $3,994,000 after buying an additional 2,100 shares during the last quarter. Summit Securities Group LLC bought a new position in Freshworks in the 4th quarter worth $26,000. Finally, Vise Technologies Inc. raised its holdings in Freshworks by 16.1% in the 4th quarter. Vise Technologies Inc. now owns 16,283 shares of the company’s stock worth $199,000 after acquiring an additional 2,253 shares during the period. Institutional investors and hedge funds own 75.58% of the company’s stock.

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.