FY2026 Earnings Estimate for Confluent Issued By DA Davidson

Confluent, Inc. (NASDAQ:CFLT) – Research analysts at DA Davidson issued their FY2026 earnings per share estimates for 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.

Confluent (NASDAQ:CFLT) last released its quarterly earnings results on Tuesday, February 11th. The company reported ($0.23) earnings per share 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%.

CFLT has been the subject of a number of other research reports. UBS Group lifted their price objective on Confluent from $26.00 to $34.00 and gave the company a “neutral” rating in a research report on Wednesday. Wells Fargo & Company upped their target price on Confluent from $40.00 to $42.00 and gave the company an “overweight” rating in a research note on Wednesday. Royal Bank of Canada upped their target price on Confluent from $36.00 to $41.00 and gave the company an “outperform” rating in a research note on Wednesday. Evercore ISI upped their target price on Confluent from $32.00 to $40.00 and gave the company an “outperform” rating in a research note on Wednesday. Finally, JMP Securities reiterated a “market outperform” rating and issued a $40.00 target price on shares of Confluent in a research note on Tuesday, October 29th. One analyst has rated the stock with a sell rating, eight have given a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Confluent has a consensus rating of “Moderate Buy” and a consensus target price of $35.00.

Confluent Stock Performance

Confluent stock opened at $34.85 on Friday. 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 stock has a fifty day moving average of $29.67 and a two-hundred day moving average of $25.53. The company has a market capitalization of $11.43 billion, a price-to-earnings ratio of -31.40 and a beta of 0.92. Confluent has a fifty-two week low of $17.79 and a fifty-two week high of $37.90.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Commonwealth Equity Services LLC lifted its holdings in Confluent by 4.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 11,557 shares of the company’s stock worth $323,000 after buying an additional 458 shares during the last quarter. EP Wealth Advisors LLC lifted its holdings in Confluent by 3.6% during the 3rd quarter. EP Wealth Advisors LLC now owns 14,371 shares of the company’s stock worth $293,000 after buying an additional 503 shares during the last quarter. Truist Financial Corp lifted its holdings in Confluent by 2.5% during the 4th quarter. Truist Financial Corp now owns 21,081 shares of the company’s stock worth $589,000 after buying an additional 514 shares during the last quarter. Sit Investment Associates Inc. lifted its holdings in Confluent by 0.5% during the 4th quarter. Sit Investment Associates Inc. now owns 124,623 shares of the company’s stock worth $3,484,000 after buying an additional 680 shares during the last quarter. Finally, Treasurer of the State of North Carolina lifted its holdings in Confluent by 0.6% during the 4th quarter. Treasurer of the State of North Carolina now owns 108,859 shares of the company’s stock worth $3,044,000 after buying an additional 680 shares during the last quarter. Hedge funds and other institutional investors own 78.09% of the company’s stock.

Insider Activity at Confluent

In related news, insider Erica Schultz sold 63,729 shares of the stock in a transaction dated Monday, November 18th. The stock was 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 owns 687,483 shares of the company’s stock, valued at approximately $18,837,034.20. This represents a 8.48 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Matthew Craig Miller sold 53,512 shares of the stock in a transaction dated Friday, December 6th. The shares were sold at an average price of $33.64, for a total value of $1,800,143.68. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 1,508,636 shares of company stock valued at $47,198,798. 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.