Freshworks (NASDAQ:FRSH) Updates FY 2026 Earnings Guidance

Freshworks (NASDAQ:FRSH) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.610-0.630 for the period, compared to the consensus earnings per share 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.

Wall Street Analysts Forecast Growth

Several research firms recently commented on FRSH. UBS Group set a $11.00 price objective on shares of Freshworks in a research report on Wednesday, February 11th. Wall Street Zen raised shares of Freshworks from a “hold” rating to a “buy” rating in a research report on Monday, April 6th. Wells Fargo & Company cut their price objective on shares of Freshworks from $13.00 to $10.00 and set an “equal weight” rating on the stock in a research report on Wednesday, February 11th. Oppenheimer cut shares of Freshworks from an “outperform” rating to a “market perform” rating in a research report on Thursday, March 19th. Finally, Cantor Fitzgerald cut their price objective on shares of Freshworks from $15.00 to $12.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 11th. Six analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $12.45.

Freshworks Price Performance

NASDAQ:FRSH traded up $0.14 on Thursday, hitting $9.03. 10,570,270 shares of the company’s stock were exchanged, compared to its average volume of 11,454,397. The firm has a 50-day moving average price of $8.22 and a 200-day moving average price of $10.12. Freshworks has a 52 week low of $6.79 and a 52 week high of $16.14. The company has a market cap of $2.57 billion, a P/E ratio of 14.56 and a beta of 0.83.

Freshworks (NASDAQ:FRSH) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.11 EPS for the quarter, hitting the consensus estimate of $0.11. Freshworks had a net margin of 20.69% and a return on equity of 4.27%. The firm had revenue of $228.63 million for the quarter, compared to analysts’ expectations of $223.64 million. During the same period in the previous year, the firm posted $0.18 EPS. The company’s revenue for the quarter was up 16.5% on a year-over-year basis. Freshworks has set its FY 2026 guidance at 0.610-0.630 EPS and its Q2 2026 guidance at 0.130-0.130 EPS. On average, research analysts expect that Freshworks will post -0.1 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Freshworks news, insider Mika Yamamoto sold 32,577 shares of the business’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $8.45, for a total transaction 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 filing with the SEC, which is available through this link. 8.54% of the stock is owned by company insiders.

Key Freshworks News

Here are the key news stories impacting Freshworks this week:

• Positive Sentiment: Q1 operational beat and $400M buyback: Freshworks reported revenue above estimates and revenue growth year-over-year, with EPS roughly in line with consensus; management also unveiled a $400 million share buyback program, a sizable capital-return signal relative to its market cap that supports the stock. Freshworks (FRSH) Is Up 8.9% After Strong Q1 Beat And $400M Buyback Plan – What’s Changed
• Neutral Sentiment: Restructuring / job cuts announced (about 500 roles / ~11%): the reduction should lower operating expenses and help margins over time, but it also signals cost management in response to industry shifts (AI-driven change) and could reflect near-term demand/efficiency pressures. Freshworks To Cut 500 Jobs Globally in Fresh Restructuring Push
• Neutral Sentiment: Investor access scheduled this week: CFO/COO Tyler Sloat will appear at the Needham TMC conference and Freshworks will host an analyst session at Refresh 2026 — opportunities for management to detail margin actions, guidance and buyback execution. Freshworks to Participate in the 21st Annual Needham Technology, Media & Consumer Conference Freshworks to Host Financial Analyst Session at Refresh 2026
• Neutral Sentiment: Transcripts and details available: earnings call transcripts and the results presentation confirm management’s commentary (EPS inline, revenue beat, updated guidance) for analysts to parse — useful for short‑term trading and modeling. Freshworks Inc. (NASDAQ:FRSH) Q1 2026 Earnings Call Transcript
• Negative Sentiment: Piper Sandler maintains a Hold: a mid‑tier analyst rating may limit immediate upside from fresh catalysts if other firms remain cautious; investors will watch upcoming commentary to see if sell‑side views shift. Freshworks (FRSH) Receives a Hold from Piper Sandler

Institutional Investors Weigh In On Freshworks

A number of institutional investors and hedge funds have recently modified their holdings of the company. Invesco Ltd. raised its holdings in shares of Freshworks by 8.3% in the 4th quarter. Invesco Ltd. now owns 304,088 shares of the company’s stock valued at $3,725,000 after purchasing an additional 23,211 shares during the period. Mercer Global Advisors Inc. ADV raised its holdings in shares of Freshworks by 337.6% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 45,364 shares of the company’s stock valued at $556,000 after purchasing an additional 34,997 shares during the period. EP Wealth Advisors LLC bought a new stake in shares of Freshworks in the 4th quarter valued at about $266,000. Mackenzie Financial Corp raised its holdings in shares of Freshworks by 14.0% in the 4th quarter. Mackenzie Financial Corp now owns 267,277 shares of the company’s stock valued at $3,289,000 after purchasing an additional 32,914 shares during the period. Finally, Fuller & Thaler Asset Management Inc. raised its holdings in shares of Freshworks by 11.2% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 4,748,985 shares of the company’s stock valued at $58,175,000 after purchasing an additional 478,473 shares during the period. 75.58% of the stock is owned by institutional investors.

About Freshworks

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.