Freshworks (NASDAQ:FRSH) Issues Q3 2026 Earnings Guidance

Freshworks (NASDAQ:FRSH) updated its third quarter 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 0.180-0.180 for the period, compared to the consensus EPS estimate of 0.150. The company issued revenue guidance of $244.5 million-$245.5 million, compared to the consensus revenue estimate of $244.9 million. Freshworks also updated its FY 2026 guidance to 0.660-0.680 EPS.

Freshworks Stock Up 2.6%

FRSH traded up $0.31 during midday trading on Tuesday, hitting $12.08. 8,317,092 shares of the company traded hands, compared to its average volume of 11,424,055. The company’s 50-day moving average is $10.03 and its 200 day moving average is $9.18. Freshworks has a 52 week low of $6.79 and a 52 week high of $14.06. The firm has a market capitalization of $3.34 billion, a PE ratio of 19.48 and a beta of 0.86.

Freshworks (NASDAQ:FRSH) last announced its earnings results on Tuesday, August 4th. The company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.04. The business had revenue of $237.38 million for the quarter, compared to analysts’ expectations 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, sell-side analysts predict that Freshworks will post -0.02 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Morgan Stanley cut their price target on Freshworks from $15.00 to $13.00 and set an “equal weight” rating for the company in a report on Monday, May 11th. Wall Street Zen downgraded Freshworks from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Weiss Ratings downgraded Freshworks from a “sell (d+)” rating to a “sell (d)” rating in a research note on Thursday, May 7th. Citigroup reissued a “market outperform” rating on shares of Freshworks in a report on Tuesday, June 2nd. Finally, Zacks Research cut shares of Freshworks from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 10th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $13.25.

Insiders Place Their Bets

In related news, Director Jennifer H. Taylor sold 6,618 shares of the company’s stock in a transaction on Thursday, July 2nd. The shares were sold at an average price of $10.44, for a total transaction of $69,091.92. Following the sale, the director owned 62,673 shares of the company’s stock, valued at $654,306.12. This represents a 9.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Philippa Lawrence sold 3,470 shares of the firm’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $10.13, for a total value of $35,151.10. Following the completion of the sale, the chief accounting officer directly owned 456,144 shares of the company’s stock, valued at $4,620,738.72. The trade was a 0.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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. Insiders have sold a total of 27,236 shares of company stock valued at $270,331 in the last quarter. 8.54% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Summit Securities Group LLC bought a new position in shares of Freshworks during the fourth quarter valued at approximately $26,000. EverSource Wealth Advisors LLC lifted its stake in shares of Freshworks by 427.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,479 shares of the company’s stock worth $67,000 after acquiring an additional 3,630 shares during the last quarter. Shay Capital LLC purchased a new position in Freshworks during the 3rd quarter valued at $118,000. One68 Global Capital LLC purchased a new position in Freshworks during the 3rd quarter valued at $118,000. Finally, Mercer Global Advisors Inc. ADV bought a new position in Freshworks in the 3rd quarter valued at $122,000. Hedge funds and other institutional investors 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.