Confluent (NASDAQ:CFLT) Updates Q1 2025 Earnings Guidance

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

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Guggenheim upped their target price on Confluent from $32.00 to $35.00 and gave the company a “buy” rating in a report on Friday, January 31st. Barclays upped their price objective on shares of Confluent from $32.00 to $35.00 and gave the company an “overweight” rating in a research note on Friday, December 6th. Robert W. Baird lifted 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. Piper Sandler upped their price target on shares of Confluent from $32.00 to $35.00 and gave the stock an “overweight” rating in a research note on Monday, January 6th. Finally, Needham & Company LLC reissued a “buy” rating and set a $31.00 price objective on shares of Confluent in a research report on Friday, November 15th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $32.30.

Confluent Price Performance

NASDAQ:CFLT traded down $1.36 on Tuesday, reaching $30.10. The stock had a trading volume of 10,406,649 shares, compared to its average volume of 4,296,510. The company has a quick ratio of 4.24, a current ratio of 4.24 and a debt-to-equity ratio of 1.17. The company has a market capitalization of $9.87 billion, a P/E ratio of -27.12 and a beta of 0.92. Confluent has a 1-year low of $17.79 and a 1-year high of $35.07. The stock has a fifty day moving average price of $29.52 and a 200-day moving average price of $25.25.

Confluent (NASDAQ:CFLT) last announced its 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%. Research analysts forecast that Confluent will post -0.9 EPS for the current year.

Insider Activity

In other news, Director Matthew Craig Miller sold 1,084,259 shares of Confluent stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of $28.90, for a total value of $31,335,085.10. Following the completion of the sale, the director now directly owns 12,559 shares of the company’s stock, valued at approximately $362,955.10. This trade represents a 98.85 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Edward Jay Kreps sold 232,500 shares of the firm’s stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of $29.29, for a total value of $6,809,925.00. Following the completion of the transaction, the chief executive officer now owns 452,488 shares in the company, valued at approximately $13,253,373.52. This represents a 33.94 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 2,825,395 shares of company stock worth $85,343,808. 13.82% of the stock is owned by corporate 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.