Freshworks (NASDAQ:FRSH) Releases FY 2026 Earnings Guidance

Freshworks (NASDAQ:FRSH) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 0.610-0.630 for the period, compared to the consensus EPS estimate of 0.440. The company issued revenue guidance of $958.0 million-$964.0 million, compared to the consensus revenue estimate of $955.7 million. Freshworks also updated its Q2 2026 guidance to 0.130-0.130 EPS.

Freshworks Stock Performance

NASDAQ:FRSH traded up $0.21 during trading hours on Tuesday, reaching $9.19. The company’s stock had a trading volume of 10,893,929 shares, compared to its average volume of 7,007,799. The firm has a market capitalization of $2.61 billion, a price-to-earnings ratio of 14.36 and a beta of 0.83. The firm has a 50-day simple moving average of $8.11 and a 200-day simple moving average of $10.16. Freshworks has a 1 year low of $6.79 and a 1 year high of $16.14.

Freshworks (NASDAQ:FRSH) last released its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $218.76 million. Freshworks had a return on equity of 4.69% and a net margin of 21.90%.The company’s quarterly revenue was up 14.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $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. Equities analysts anticipate that Freshworks will post -0.1 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently issued reports on FRSH shares. Jefferies Financial Group cut shares of Freshworks from a “buy” rating to a “hold” rating and reduced their price target for the company from $20.00 to $8.00 in a research report on Monday, February 23rd. Cantor Fitzgerald lowered their target price on Freshworks from $15.00 to $12.00 and set an “overweight” rating for the company in a research note on Wednesday, February 11th. Piper Sandler reduced their price target on Freshworks from $12.00 to $10.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 11th. Wall Street Zen upgraded Freshworks from a “hold” rating to a “buy” rating in a report on Monday, April 6th. Finally, Wells Fargo & Company lowered their price objective on Freshworks from $13.00 to $10.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 11th. Six equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $12.45.

Insider Activity

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 stock was sold at an average price of $8.45, for a total value of $275,275.65. Following the sale, the insider directly 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 position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 8.54% of the company’s stock.

Hedge Funds Weigh In On Freshworks

Institutional investors and hedge funds have recently modified their holdings of the stock. Balyasny Asset Management L.P. bought a new position in Freshworks in the 4th quarter worth about $31,967,000. Qube Research & Technologies Ltd raised its holdings in Freshworks by 132.6% in the third quarter. Qube Research & Technologies Ltd now owns 2,790,166 shares of the company’s stock worth $32,840,000 after buying an additional 1,590,384 shares during the last quarter. Squarepoint Ops LLC lifted its stake in shares of Freshworks by 345.1% in the second quarter. Squarepoint Ops LLC now owns 1,835,798 shares of the company’s stock worth $27,372,000 after buying an additional 1,423,391 shares in the last quarter. Voloridge Investment Management LLC purchased a new stake in shares of Freshworks during the third quarter valued at approximately $15,656,000. Finally, AQR Capital Management LLC increased its position in shares of Freshworks by 213.8% during the fourth quarter. AQR Capital Management LLC now owns 1,895,737 shares of the company’s stock valued at $23,223,000 after acquiring an additional 1,291,662 shares in the last quarter. 75.58% of the stock is currently owned by 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.