FY2026 Earnings Forecast for Confluent Issued By DA Davidson

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

Other research analysts have also recently issued research reports about the company. Scotiabank boosted their price objective on Confluent from $27.00 to $35.00 and gave the stock a “sector perform” rating in a research note on Wednesday. Truist Financial increased their price objective on shares of Confluent from $35.00 to $40.00 and gave the company a “buy” rating in a research report on Wednesday. TD Cowen boosted their target price on shares of Confluent from $27.00 to $31.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. Sanford C. Bernstein lowered their price target on shares of Confluent from $38.00 to $33.00 and set an “outperform” rating for the company in a report on Friday, October 25th. Finally, Royal Bank of Canada raised their target price on Confluent from $36.00 to $41.00 and gave the company an “outperform” rating in a research note on Wednesday. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $35.00.

Confluent Stock Performance

NASDAQ:CFLT opened at $36.23 on Friday. The firm’s fifty day simple moving average is $29.64 and its 200 day simple moving average is $25.45. The company has a debt-to-equity ratio of 1.17, a quick ratio of 4.24 and a current ratio of 4.24. Confluent has a twelve month low of $17.79 and a twelve month high of $37.90.

Confluent (NASDAQ:CFLT) last posted its 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 return on equity of 34.05% and a negative net margin of 38.35%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of CFLT. Blue Trust Inc. lifted its position in Confluent by 354.0% during the 4th quarter. Blue Trust Inc. now owns 2,061 shares of the company’s stock valued at $58,000 after purchasing an additional 1,607 shares during the period. SBI Securities Co. Ltd. bought a new stake in shares of Confluent during the 4th quarter valued at $59,000. Point72 Hong Kong Ltd acquired a new position in shares of Confluent in the 3rd quarter valued at $68,000. GAMMA Investing LLC lifted its stake in shares of Confluent by 85.3% in the 4th quarter. GAMMA Investing LLC now owns 2,467 shares of the company’s stock valued at $69,000 after purchasing an additional 1,136 shares during the period. Finally, AlphaQuest LLC boosted its position in shares of Confluent by 22,112.5% in the 4th quarter. AlphaQuest LLC now owns 3,554 shares of the company’s stock worth $99,000 after purchasing an additional 3,538 shares during the last quarter. 78.09% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Confluent news, CAO Kong Phan sold 3,947 shares of the firm’s stock in a transaction dated Friday, December 20th. The shares were sold at an average price of $28.74, for a total transaction of $113,436.78. Following the completion of the transaction, the chief accounting officer now owns 179,939 shares in the company, valued at $5,171,446.86. This trade represents a 2.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Erica Schultz sold 9,467 shares of the stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $28.23, for a total value of $267,253.41. Following the transaction, the insider now owns 678,016 shares of the company’s stock, valued at $19,140,391.68. This represents a 1.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 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 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.