KeyCorp Estimates Freshworks’ Q3 Earnings (NASDAQ:FRSH)

Freshworks Inc. (NASDAQ:FRSH) – Investment analysts at KeyCorp issued their Q3 2026 earnings estimates for Freshworks in a research report issued on Monday, September 14th. KeyCorp analyst J. Ader expects that the company will earn $0.04 per share for the quarter. KeyCorp currently has a “Overweight” rating and a $18.00 target price on the stock. The consensus estimate for Freshworks’ current full-year earnings is $0.04 per share. KeyCorp also issued estimates for Freshworks’ Q4 2026 earnings at $0.06 EPS, FY2026 earnings at $0.10 EPS, FY2027 earnings at $0.15 EPS, FY2028 earnings at $0.29 EPS, FY2029 earnings at $0.42 EPS and FY2030 earnings at $0.56 EPS.

Freshworks (NASDAQ:FRSH) last issued its earnings results on Tuesday, August 4th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.13 by $0.04. Freshworks had a return on equity of 5.52% and a net margin of 20.49%.The business had revenue of $237.38 million for the quarter, compared to the consensus estimate of $233.62 million. During the same period last year, the business posted $0.18 EPS. The company’s revenue was up 16.0% compared to the same quarter last year. Freshworks has set its FY 2026 guidance at 0.660-0.680 EPS and its Q3 2026 guidance at 0.180-0.180 EPS.

Other analysts have also recently issued research reports about the company. Piper Sandler upped their price objective on Freshworks from $10.00 to $12.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. UBS Group boosted their price target on Freshworks from $11.00 to $14.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Wall Street Zen raised shares of Freshworks from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Citigroup reiterated a “market outperform” rating on shares of Freshworks in a research note on Tuesday, June 2nd. Finally, Robert W. Baird set a $13.00 price objective on shares of Freshworks in a report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $14.46.

Freshworks Trading Up 0.6%

NASDAQ:FRSH opened at $12.73 on Thursday. The company has a 50 day simple moving average of $11.96 and a two-hundred day simple moving average of $9.91. The company has a market cap of $3.32 billion, a PE ratio of 19.89, a price-to-earnings-growth ratio of 10.55 and a beta of 0.89. Freshworks has a 12 month low of $6.79 and a 12 month high of $13.99.

Insider Transactions at Freshworks

In other Freshworks news, Director Jennifer H. Taylor sold 6,618 shares of the stock in a transaction on Thursday, July 2nd. The stock was sold at an average price of $10.44, for a total value of $69,091.92. Following the completion of the sale, the director owned 62,673 shares in the company, valued at approximately $654,306.12. This represents a 9.55% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Barry L. Padgett sold 6,618 shares of the business’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $10.49, for a total value of $69,422.82. Following the completion of the transaction, the director owned 47,270 shares in the company, valued at $495,862.30. The trade was a 12.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 69,473 shares of company stock valued at $872,829 over the last three months. Corporate insiders own 8.54% of the company’s stock.

Hedge Funds Weigh In On Freshworks

Institutional investors have recently bought and sold shares of the stock. Tidal Investments LLC bought a new position in shares of Freshworks during the 2nd quarter valued at about $374,000. Integrated Wealth Concepts LLC raised its position in shares of Freshworks by 116.0% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 44,010 shares of the company’s stock valued at $445,000 after buying an additional 23,632 shares in the last quarter. NewEdge Advisors LLC bought a new position in shares of Freshworks in the 2nd quarter valued at about $110,000. IFP Advisors Inc grew its position in Freshworks by 51.6% in the second quarter. IFP Advisors Inc now owns 8,120 shares of the company’s stock worth $82,000 after acquiring an additional 2,765 shares in the last quarter. Finally, Allworth Financial LP increased its position in shares of Freshworks by 149.9% during the 2nd quarter. Allworth Financial LP now owns 20,936 shares of the company’s stock valued at $212,000 after purchasing an additional 12,559 shares during the last quarter. 75.58% of the stock is owned by hedge funds and other institutional investors.

About Freshworks

Freshworks Inc (NASDAQ: FRSH) develops cloud-based software designed to help businesses manage customer and employee experiences. Its platform is intended for organizations of various sizes and combines tools for customer support, IT service management, sales, marketing and other business functions.

The company’s product portfolio includes Freshdesk for customer service and support, Freshservice for IT and employee service management, Freshsales for customer relationship management, and Freshmarketer for marketing automation and optimization.