Brokers Offer Predictions for Confluent FY2026 Earnings

Confluent, Inc. (NASDAQ:CFLT) – Research analysts at DA Davidson issued their FY2026 earnings per share estimates for Confluent in a report released on Wednesday, February 12th. DA Davidson analyst R. Kessinger anticipates that the company will post earnings of ($0.78) per share for the year. The consensus estimate for Confluent’s current full-year earnings is ($0.90) per share.

Confluent (NASDAQ:CFLT) last released its quarterly earnings results on Tuesday, February 11th. The company reported ($0.23) EPS for the quarter, missing the consensus estimate of $0.05 by ($0.28). Confluent had a negative return on equity of 34.05% and a negative net margin of 38.35%.

Several other brokerages have also recently commented on CFLT. Stifel Nicolaus raised their price target on shares of Confluent from $37.00 to $40.00 and gave the company a “buy” rating in a research report on Wednesday. Piper Sandler boosted their target price on Confluent from $35.00 to $40.00 and gave the stock an “overweight” rating in a research note on Wednesday. UBS Group lifted their price objective on Confluent from $26.00 to $34.00 and gave the company a “neutral” rating in a research note on Wednesday. Scotiabank upped their target price on shares of Confluent from $27.00 to $35.00 and gave the stock a “sector perform” rating in a research note on Wednesday. Finally, Needham & Company LLC lifted their price objective on shares of Confluent from $31.00 to $40.00 and gave the stock a “buy” rating in a research report on Wednesday. One analyst has rated the stock with a sell rating, eight have given a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $35.00.

Confluent Trading Down 3.8 %

NASDAQ CFLT opened at $36.23 on Friday. The company has a debt-to-equity ratio of 1.17, a current ratio of 4.24 and a quick ratio of 4.24. The firm has a 50 day simple moving average of $29.64 and a 200-day simple moving average of $25.45. Confluent has a one year low of $17.79 and a one year high of $37.90.

Insider Activity

In other news, Director Matthew Craig Miller sold 541,850 shares of the stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $30.32, for a total value of $16,428,892.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Erica Schultz sold 63,729 shares of the business’s stock in a transaction on Monday, November 18th. The stock was sold at an average price of $27.40, for a total value of $1,746,174.60. Following the completion of the transaction, the insider now directly owns 687,483 shares of the company’s stock, valued at approximately $18,837,034.20. This trade represents a 8.48 % 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 worth $47,198,798 over the last 90 days. 13.82% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Confluent

Several hedge funds have recently modified their holdings of the company. Champlain Investment Partners LLC grew its stake in Confluent by 72.2% in the 3rd quarter. Champlain Investment Partners LLC now owns 10,700,846 shares of the company’s stock worth $218,083,000 after acquiring an additional 4,486,841 shares during the period. Norges Bank acquired a new position in Confluent in the fourth quarter valued at $81,092,000. Pictet Asset Management Holding SA boosted its stake in Confluent by 7,342.2% in the 4th quarter. Pictet Asset Management Holding SA now owns 2,351,516 shares of the company’s stock worth $65,748,000 after buying an additional 2,319,919 shares during the last quarter. Fiera Capital Corp acquired a new position in shares of Confluent during the 3rd quarter valued at about $21,127,000. Finally, MIG Capital LLC purchased a new position in shares of Confluent during the 4th quarter worth about $27,007,000. 78.09% of the stock is owned by institutional investors and hedge funds.

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.