Freshworks (FRSH) to Release Earnings on Tuesday

Freshworks (NASDAQ:FRSH) is projected to issue its Q1 2025 quarterly earnings data after the market closes on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.13 per share and revenue of $191.90 million for the quarter. Freshworks has set its FY 2025 guidance at 0.520-0.540 EPS and its Q1 2025 guidance at 0.120-0.140 EPS.

Freshworks (NASDAQ:FRSH) last announced its quarterly earnings results on Tuesday, February 11th. The company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.10). Freshworks had a negative net margin of 13.24% and a negative return on equity of 6.63%. On average, analysts expect Freshworks to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Freshworks Stock Performance

Shares of FRSH opened at $14.07 on Friday. Freshworks has a 52 week low of $10.81 and a 52 week high of $19.77. The stock has a 50 day moving average price of $14.65 and a two-hundred day moving average price of $15.32. The firm has a market capitalization of $4.24 billion, a P/E ratio of -43.97 and a beta of 0.98.

Insider Buying and Selling at Freshworks

In other news, Director Johanna Flower sold 1,450 shares of Freshworks stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $18.01, for a total value of $26,114.50. Following the completion of the transaction, the director now owns 41,491 shares in the company, valued at $747,252.91. This trade represents a 3.38 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Zachary Nelson sold 8,442 shares of the company’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $18.30, for a total transaction of $154,488.60. Following the sale, the director now owns 24,187 shares in the company, valued at $442,622.10. The trade was a 25.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 29,177 shares of company stock worth $498,042 over the last ninety days. 19.15% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on FRSH shares. Oppenheimer dropped their price objective on Freshworks from $24.00 to $19.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 9th. Cantor Fitzgerald raised their price target on shares of Freshworks from $18.00 to $22.00 and gave the company an “overweight” rating in a research report on Wednesday, February 12th. Wells Fargo & Company reduced their price objective on shares of Freshworks from $13.00 to $11.00 and set an “underweight” rating for the company in a research report on Tuesday, April 22nd. Canaccord Genuity Group increased their price objective on shares of Freshworks from $19.00 to $23.00 and gave the company a “buy” rating in a research note on Wednesday, February 12th. Finally, Barclays boosted their target price on Freshworks from $14.00 to $20.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 12th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, Freshworks has an average rating of “Moderate Buy” and a consensus target price of $19.64.

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.