Brokers Issue Forecasts for Confluent Q1 Earnings

Confluent, Inc. (NASDAQ:CFLT) – Analysts at Capital One Financial issued their Q1 2025 earnings per share (EPS) estimates for Confluent in a research report issued on Wednesday, January 15th. Capital One Financial analyst C. Murphy anticipates that the company will post earnings per share of ($0.27) for the quarter. The consensus estimate for Confluent’s current full-year earnings is ($0.90) per share. Capital One Financial also issued estimates for Confluent’s Q2 2025 earnings at ($0.24) EPS, Q3 2025 earnings at ($0.22) EPS, Q4 2025 earnings at ($0.23) EPS and FY2025 earnings at ($0.96) EPS.

Confluent (NASDAQ:CFLT) last posted its quarterly earnings data on Wednesday, October 30th. The company reported ($0.21) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.24) by $0.03. The firm had revenue of $250.20 million during the quarter, compared to the consensus estimate of $243.98 million. Confluent had a negative net margin of 38.35% and a negative return on equity of 34.05%.

A number of other equities research analysts also recently weighed in on the stock. JPMorgan Chase & Co. raised their price target on shares of Confluent from $35.00 to $38.00 and gave the company an “overweight” rating in a research note on Wednesday, December 11th. Barclays upped their price target on Confluent from $32.00 to $35.00 and gave the company an “overweight” rating in a research report on Friday, December 6th. Stifel Nicolaus upped their price objective on shares of Confluent from $34.00 to $37.00 and gave the company a “buy” rating in a research note on Wednesday, December 18th. Needham & Company LLC reaffirmed a “buy” rating and set a $31.00 target price on shares of Confluent in a research note on Friday, November 15th. Finally, Truist Financial lifted their price target on shares of Confluent from $32.00 to $35.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $32.37.

Confluent Stock Performance

CFLT opened at $26.70 on Friday. Confluent has a 52-week low of $17.79 and a 52-week high of $35.07. The business’s fifty day moving average is $29.62 and its 200-day moving average is $24.98. 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 $8.76 billion, a P/E ratio of -24.05 and a beta of 0.91.

Insider Buying and Selling

In related news, Director Matthew Craig Miller sold 1,084,259 shares of the stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $28.90, for a total transaction of $31,335,085.10. Following the sale, the director now owns 12,559 shares of the company’s stock, valued at approximately $362,955.10. This represents a 98.85 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Michelangelo Volpi sold 50,000 shares of the stock in a transaction dated Friday, November 1st. The stock was sold at an average price of $25.92, for a total transaction of $1,296,000.00. Following the completion of the sale, the director now directly owns 280,200 shares in the company, valued at approximately $7,262,784. The trade was a 15.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 4,584,712 shares of company stock valued at $132,928,936. 13.82% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Point72 Hong Kong Ltd bought a new position in shares of Confluent in the third quarter worth approximately $68,000. GAMMA Investing LLC raised its stake in shares of Confluent by 85.3% during the fourth quarter. GAMMA Investing LLC now owns 2,467 shares of the company’s stock valued at $69,000 after acquiring an additional 1,136 shares during the last quarter. Acadian Asset Management LLC purchased a new stake in Confluent in the 2nd quarter worth approximately $175,000. Moody National Bank Trust Division purchased a new stake in Confluent in the fourth quarter worth $203,000. Finally, Oppenheimer Asset Management Inc. purchased a new stake in shares of Confluent in the 3rd quarter worth about $214,000. 78.09% of the stock is owned by institutional investors.

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.