Q1 Earnings Estimate for Confluent Issued By William Blair

Confluent, Inc. (NASDAQ:CFLT) – Stock analysts at William Blair issued their Q1 2025 earnings per share (EPS) estimates for shares of Confluent in a research note issued to investors on Wednesday, February 12th. William Blair analyst J. Ader anticipates that the company will earn ($0.20) per share for the quarter. The consensus estimate for Confluent’s current full-year earnings is ($0.90) per share. William Blair also issued estimates for Confluent’s Q2 2025 earnings at ($0.20) EPS, Q3 2025 earnings at ($0.17) EPS, Q4 2025 earnings at ($0.15) EPS, FY2025 earnings at ($0.72) EPS and FY2026 earnings at ($0.58) EPS.

Confluent (NASDAQ:CFLT) last released 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%.

A number of other research analysts also recently issued reports on the company. Truist Financial raised their price target on Confluent from $35.00 to $40.00 and gave the stock a “buy” rating in a research note on Wednesday, February 12th. Royal Bank of Canada raised their price target on Confluent from $36.00 to $41.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 12th. Piper Sandler increased their price objective on Confluent from $35.00 to $40.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 12th. Citigroup increased their price objective on Confluent from $24.00 to $25.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 29th. Finally, Sanford C. Bernstein decreased their price objective on Confluent from $38.00 to $33.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $35.00.

Confluent Trading Up 0.3 %

NASDAQ:CFLT opened at $34.94 on Monday. The stock’s 50 day moving average price is $29.79 and its 200 day moving average price is $25.74. The company has a market capitalization of $11.46 billion, a PE ratio of -31.48 and a beta of 0.92. The company has a quick ratio of 4.24, a current ratio of 4.24 and a debt-to-equity ratio of 1.17. Confluent has a 52-week low of $17.79 and a 52-week high of $37.90.

Hedge Funds Weigh In On Confluent

Several hedge funds have recently bought and sold shares of the stock. Champlain Investment Partners LLC grew its position in shares of Confluent by 72.2% in the third quarter. Champlain Investment Partners LLC now owns 10,700,846 shares of the company’s stock valued at $218,083,000 after purchasing an additional 4,486,841 shares during the period. Norges Bank acquired a new position in shares of Confluent during the fourth quarter worth about $81,092,000. Pictet Asset Management Holding SA lifted its stake in shares of Confluent by 7,342.2% during the fourth quarter. Pictet Asset Management Holding SA now owns 2,351,516 shares of the company’s stock worth $65,748,000 after purchasing an additional 2,319,919 shares in the last quarter. Fuller & Thaler Asset Management Inc. acquired a new position in shares of Confluent in the fourth quarter worth about $64,658,000. Finally, Fiera Capital Corp acquired a new position in shares of Confluent in the third quarter worth about $21,127,000. Hedge funds and other institutional investors own 78.09% of the company’s stock.

Insider Buying and Selling

In other Confluent news, CAO Kong Phan sold 12,460 shares of the firm’s stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $31.30, for a total transaction of $389,998.00. Following the completion of the transaction, the chief accounting officer now owns 183,886 shares of the company’s stock, valued at approximately $5,755,631.80. This trade represents a 6.35 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Matthew Craig Miller sold 541,850 shares of the firm’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $30.32, for a total value of $16,428,892.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 1,705,370 shares of company stock valued at $55,156,762. 13.82% of the stock is owned by insiders.

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.