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 (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.

Confluent Price Performance

CFLT stock opened at $37.65 on Thursday. The stock’s 50 day moving average is $29.58 and its two-hundred day moving average is $25.37. Confluent has a 52-week low of $17.79 and a 52-week high of $37.90. 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 (NASDAQ:CFLT) last issued its quarterly 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%. On average, analysts predict that Confluent will post -0.9 EPS for the current fiscal year.

Wall Street Analyst Weigh In

CFLT has been the topic of several research analyst reports. Wells Fargo & Company increased their price target on shares of Confluent from $40.00 to $42.00 and gave the stock an “overweight” rating in a research report on Wednesday. Canaccord Genuity Group increased their target price on Confluent from $34.00 to $38.00 and gave the stock a “buy” rating in a report on Wednesday. UBS Group boosted their price target on Confluent from $26.00 to $34.00 and gave the company a “neutral” rating in a report on Wednesday. Guggenheim raised their price objective on Confluent from $35.00 to $38.00 and gave the stock a “buy” rating in a research note on Wednesday. Finally, Piper Sandler lifted their price objective on shares of Confluent from $35.00 to $40.00 and gave the stock an “overweight” rating in a report on Wednesday. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $35.00.

Insider Activity at Confluent

In other news, insider Erica Schultz sold 63,729 shares of the stock in a transaction that occurred on Monday, November 18th. The shares were 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 in the company, valued at $18,837,034.20. This trade represents a 8.48 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Kong Phan sold 3,947 shares of the business’s stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $28.74, for a total value of $113,436.78. Following the sale, the chief accounting officer now directly owns 179,939 shares in the company, valued at approximately $5,171,446.86. The trade was a 2.15 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 1,508,636 shares of company stock worth $47,198,798 in the last 90 days. Corporate 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.