Confluent (NASDAQ:CFLT) Updates Q1 2025 Earnings Guidance

Confluent (NASDAQ:CFLT) issued an update on its first quarter 2025 earnings guidance on Tuesday morning. 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.

Confluent Trading Down 4.3 %

Shares of NASDAQ:CFLT traded down $1.36 during trading on Tuesday, reaching $30.10. 10,406,649 shares of the stock were exchanged, compared to its average volume of 4,296,510. Confluent has a 12-month low of $17.79 and a 12-month high of $35.07. The firm’s 50-day moving average price is $29.52 and its 200 day moving average price is $25.25. 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 firm has a market cap of $9.87 billion, a price-to-earnings ratio of -27.12 and a beta of 0.92.

Confluent (NASDAQ:CFLT) last issued its earnings results on Tuesday, February 11th. The company reported ($0.23) 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%. On average, sell-side analysts anticipate that Confluent will post -0.9 earnings per share for the current fiscal year.

Analysts Set New Price Targets

CFLT has been the topic of several recent research reports. JMP Securities reissued a “market outperform” rating and set a $40.00 price target on shares of Confluent in a research report on Tuesday, October 29th. Guggenheim upped their target price on shares of Confluent from $32.00 to $35.00 and gave the company a “buy” rating in a research note on Friday, January 31st. Robert W. Baird raised their price target on shares of Confluent from $23.00 to $28.00 and gave the company a “neutral” rating in a report on Thursday, October 31st. Wells Fargo & Company boosted their price objective on shares of Confluent from $35.00 to $40.00 and gave the stock an “overweight” rating in a report on Thursday, December 5th. Finally, Scotiabank raised their target price on Confluent from $25.00 to $27.00 and gave the company a “sector perform” rating in a research note on Thursday, October 31st. One analyst has rated the stock with a sell rating, eight have issued a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $32.30.

Insider Transactions at Confluent

In other Confluent news, CTO Chad Verbowski sold 13,414 shares of the business’s stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $28.23, for a total value of $378,677.22. Following the sale, the chief technology officer now directly owns 483,393 shares in the company, valued at approximately $13,646,184.39. The trade was a 2.70 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Kong Phan sold 2,096 shares of the firm’s stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $28.23, for a total transaction of $59,170.08. Following the transaction, the chief accounting officer now owns 190,680 shares of the company’s stock, valued at approximately $5,382,896.40. This trade represents a 1.09 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 2,825,395 shares of company stock worth $85,343,808. Company insiders own 13.82% of the company’s stock.

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.