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 Upgrades and Downgrades

Several research firms have weighed in on CFLT. Canaccord Genuity Group raised their target price on shares of Confluent from $34.00 to $38.00 and gave the company a “buy” rating in a report on Wednesday. Piper Sandler increased their price target on shares of Confluent from $35.00 to $40.00 and gave the company an “overweight” rating in a research report on Wednesday. Mizuho lifted their price objective on Confluent from $31.00 to $35.00 and gave the stock an “outperform” rating in a research report on Friday, December 13th. Morgan Stanley increased their target price on Confluent from $30.00 to $32.00 and gave the company an “equal weight” rating in a report on Wednesday. Finally, Sanford C. Bernstein cut their price target on Confluent from $38.00 to $33.00 and set an “outperform” rating for the company in a report on Friday, October 25th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $35.00.

Confluent Trading Up 25.1 %

Shares of NASDAQ:CFLT opened at $37.65 on Thursday. Confluent has a 1 year low of $17.79 and a 1 year high of $37.90. The stock has a 50-day simple moving average of $29.58 and a 200-day simple moving average of $25.37. The company has a current ratio of 4.24, a quick ratio of 4.24 and a debt-to-equity ratio of 1.17.

Confluent (NASDAQ:CFLT) last released its quarterly earnings data on Tuesday, February 11th. The company reported ($0.23) earnings per share (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%. As a group, sell-side analysts forecast that Confluent will post -0.9 EPS for the current year.

Insider Buying and Selling at Confluent

In other Confluent news, CMO Stephanie Buscemi sold 5,271 shares of the stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $28.23, for a total value of $148,800.33. Following the completion of the sale, the chief marketing officer now owns 144,373 shares of the company’s stock, valued at $4,075,649.79. This trade represents a 3.52 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Erica Schultz sold 9,467 shares of the company’s stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $28.23, for a total transaction of $267,253.41. Following the completion of the transaction, the insider now owns 678,016 shares of the company’s stock, valued at $19,140,391.68. This trade represents a 1.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 1,508,636 shares of company stock valued at $47,198,798 over the last three months. 13.82% of the stock is 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.