Confluent (NASDAQ:CFLT) Issues FY 2025 Earnings Guidance

Confluent (NASDAQ:CFLT) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 0.350-0.350 for the period, compared to the consensus EPS estimate of 0.350. The company issued revenue guidance of -. Confluent also updated its Q1 2025 guidance to 0.060-0.070 EPS.

Analyst Ratings Changes

A number of research firms have weighed in on CFLT. Bank of America upped their price objective on shares of Confluent from $26.00 to $31.00 and gave the stock an “underperform” rating in a research report on Wednesday. Mizuho raised their price target on shares of Confluent from $31.00 to $35.00 and gave the company an “outperform” rating in a research note on Friday, December 13th. Sanford C. Bernstein lowered their price objective on Confluent from $38.00 to $33.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. JMP Securities reissued a “market outperform” rating and set a $40.00 target price on shares of Confluent in a report on Tuesday, October 29th. Finally, Evercore ISI lifted their price target on Confluent from $32.00 to $40.00 and gave the stock an “outperform” rating in a research note on Wednesday. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Confluent presently has a consensus rating of “Moderate Buy” and a consensus target price of $35.00.

Confluent Trading Up 25.1 %

CFLT stock opened at $37.65 on Thursday. Confluent has a 52-week low of $17.79 and a 52-week high of $37.90. The business has a fifty day moving average of $29.58 and a two-hundred day moving average of $25.37. The company has a debt-to-equity ratio of 1.17, a current ratio of 4.24 and a quick ratio of 4.24.

Confluent (NASDAQ:CFLT) last issued its quarterly earnings data 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%. Analysts predict that Confluent will post -0.9 EPS for the current fiscal year.

Insider Activity

In other news, CMO Stephanie Buscemi sold 5,271 shares of Confluent stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $28.23, for a total value of $148,800.33. Following the completion of the sale, the chief marketing officer now directly owns 144,373 shares of the company’s stock, valued at approximately $4,075,649.79. The trade was a 3.52 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Rohan Sivaram sold 22,714 shares of the stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $28.23, for a total value of $641,216.22. Following the transaction, the chief financial officer now directly owns 532,623 shares in the company, valued at approximately $15,035,947.29. The trade was a 4.09 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 1,508,636 shares of company stock valued at $47,198,798. Company insiders own 13.82% of the company’s stock.

About Confluent

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.