Freshworks (FRSH) Expected to Announce Earnings on Tuesday

Freshworks (NASDAQ:FRSH - Get Free Report) is anticipated to release its Q1 2025 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 - Get Free Report) last released its earnings results on Tuesday, February 11th. The company reported ($0.02) EPS 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 Up 3.2 %

NASDAQ FRSH traded up $0.43 during midday trading on Friday, hitting $14.07. The company had a trading volume of 3,120,803 shares, compared to its average volume of 3,337,229. The firm has a fifty day simple moving average of $14.65 and a two-hundred day simple moving average of $15.29. Freshworks has a fifty-two week low of $10.81 and a fifty-two week high of $19.77. The stock has a market cap of $4.24 billion, a price-to-earnings ratio of -43.97 and a beta of 0.98.

Insiders Place Their Bets

In other Freshworks news, Director Zachary Nelson sold 8,442 shares of the company's stock in a transaction 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 completion of the sale, the director now owns 24,187 shares in the company, valued at approximately $442,622.10. The trade was a 25.87 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Johanna Flower sold 1,450 shares of the firm's stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $18.01, for a total value of $26,114.50. Following the transaction, the director now owns 41,491 shares in the company, valued at approximately $747,252.91. This trade represents a 3.38 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 29,177 shares of company stock valued at $498,042 in the last 90 days. 19.15% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on FRSH shares. Scotiabank lowered their price target on Freshworks from $19.00 to $14.00 and set a "sector perform" rating on the stock in a research note on Thursday. Wells Fargo & Company lowered their price objective on Freshworks from $13.00 to $11.00 and set an "underweight" rating on the stock in a research report on Tuesday. Barclays raised their target price on Freshworks from $14.00 to $20.00 and gave the stock an "equal weight" rating in a research report on Wednesday, February 12th. JMP Securities set a $27.00 price target on shares of Freshworks in a report on Wednesday, February 12th. Finally, UBS Group set a $22.00 price objective on shares of Freshworks in a research note on Thursday, February 6th. One analyst has rated the stock with a sell rating, five have given a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target 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.