Confluent (NASDAQ:CFLT) Releases 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 Stock Down 4.3 %

Shares of NASDAQ CFLT traded down $1.36 during trading hours on Tuesday, hitting $30.10. 10,110,760 shares of the stock were exchanged, compared to its average volume of 4,235,433. The company has a market cap of $9.87 billion, a PE ratio of -27.12 and a beta of 0.92. Confluent has a 12 month low of $17.79 and a 12 month high of $35.07. The company has a quick ratio of 4.24, a current ratio of 4.24 and a debt-to-equity ratio of 1.17. The firm has a fifty day moving average price of $29.52 and a 200-day moving average price of $25.25.

Confluent (NASDAQ:CFLT) last posted its quarterly earnings data on Tuesday, February 11th. The company reported ($0.23) earnings per share 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, sell-side analysts expect that Confluent will post -0.9 EPS for the current year.

Analyst Upgrades and Downgrades

CFLT has been the topic of several research analyst reports. Barclays boosted their target price on shares of Confluent from $32.00 to $35.00 and gave the stock an “overweight” rating in a research report on Friday, December 6th. Mizuho raised their target price on Confluent from $31.00 to $35.00 and gave the stock an “outperform” rating in a research note on Friday, December 13th. UBS Group boosted their price target on Confluent from $23.00 to $26.00 and gave the company a “neutral” rating in a research note on Thursday, October 31st. JMP Securities restated a “market outperform” rating and issued a $40.00 price objective on shares of Confluent in a research note on Tuesday, October 29th. Finally, TD Cowen upped their target price on Confluent from $27.00 to $31.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $32.30.

Insider Transactions at Confluent

In other Confluent news, CTO Chad Verbowski sold 13,414 shares of the stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $28.23, for a total value of $378,677.22. Following the completion of the sale, the chief technology officer now owns 483,393 shares in the company, valued at approximately $13,646,184.39. This represents a 2.70 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CMO Stephanie Buscemi sold 5,271 shares of the business’s stock in a transaction that occurred 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 transaction, the chief marketing officer now owns 144,373 shares in the company, valued at approximately $4,075,649.79. This represents a 3.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 2,825,395 shares of company stock valued at $85,343,808 over the last ninety days. 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.