Confluent (NASDAQ:CFLT) Releases Q1 2025 Earnings Guidance

Confluent (NASDAQ:CFLT) updated its first quarter 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.060-0.070 for the period, compared to the consensus estimate of 0.060. The company issued revenue guidance of -. Confluent also updated its FY 2025 guidance to 0.350-0.350 EPS.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Royal Bank of Canada raised their target price on shares of Confluent from $33.00 to $36.00 and gave the company an “outperform” rating in a research note on Friday, January 3rd. UBS Group raised their target price on shares of Confluent from $23.00 to $26.00 and gave the company a “neutral” rating in a research note on Thursday, October 31st. Robert W. Baird raised their target price on shares of Confluent from $23.00 to $28.00 and gave the company a “neutral” rating in a research note on Thursday, October 31st. Citigroup raised their target price on shares of Confluent from $24.00 to $25.00 and gave the company a “neutral” rating in a research note on Tuesday, October 29th. Finally, Needham & Company LLC raised their target price on shares of Confluent from $31.00 to $40.00 and gave the company a “buy” rating in a research note on Wednesday. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Confluent presently has an average rating of “Moderate Buy” and an average price target of $33.59.

Confluent Price Performance

Shares of CFLT stock opened at $34.29 on Wednesday. The company has a debt-to-equity ratio of 1.17, a quick ratio of 4.24 and a current ratio of 4.24. The stock has a 50 day moving average price of $29.49 and a 200 day moving average price of $25.28. The firm has a market capitalization of $11.25 billion, a P/E ratio of -29.86 and a beta of 0.92. Confluent has a 52-week low of $17.79 and a 52-week high of $35.07.

Confluent (NASDAQ:CFLT) last announced its quarterly earnings results on Tuesday, February 11th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.28). Confluent had a negative net margin of 38.35% and a negative return on equity of 34.05%. As a group, sell-side analysts predict that Confluent will post -0.9 earnings per share for the current year.

Insider Activity

In related news, CTO Chad Verbowski sold 13,414 shares of the firm’s stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $28.23, for a total transaction of $378,677.22. Following the transaction, the chief technology officer now owns 483,393 shares of the company’s stock, valued at $13,646,184.39. This trade represents a 2.70 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CAO Kong Phan sold 2,096 shares of Confluent stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $28.23, for a total transaction of $59,170.08. Following the sale, the chief accounting officer now owns 190,680 shares of the company’s stock, valued at approximately $5,382,896.40. The trade was a 1.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 1,508,636 shares of company stock valued at $47,198,798 in the last quarter. 13.82% of the stock is currently owned by company insiders.

Confluent Company Profile

Confluent, Inc operates a data streaming platform in the United States and internationally. The company provides platforms that allow customers to connect their applications, systems, and data layers, such as Confluent Cloud, a managed cloud-native software-as-a-service; and Confluent Platform, an enterprise-grade self-managed software.