Confluent (NASDAQ:CFLT) Issues FY 2025 Earnings Guidance

Confluent (NASDAQ:CFLT) updated its FY 2025 earnings guidance on Tuesday. 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 Upgrades and Downgrades

CFLT has been the topic of several recent analyst reports. JPMorgan Chase & Co. boosted their price target on Confluent from $35.00 to $38.00 and gave the company an “overweight” rating in a research note on Wednesday, December 11th. Morgan Stanley reaffirmed an “equal weight” rating and issued a $30.00 price target (down previously from $33.00) on shares of Confluent in a research note on Thursday, January 16th. Mizuho boosted their price target on Confluent from $31.00 to $35.00 and gave the company an “outperform” rating in a research note on Friday, December 13th. Truist Financial boosted their price objective on Confluent from $32.00 to $35.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Finally, Scotiabank boosted their price objective on Confluent from $25.00 to $27.00 and gave the stock a “sector perform” rating in a research note on Thursday, October 31st. One research analyst has rated the stock with a sell rating, eight have assigned 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 presently has an average rating of “Moderate Buy” and a consensus target price of $33.59.

Confluent Price Performance

Confluent stock opened at $34.29 on Wednesday. The stock’s fifty day moving average price is $29.49 and its two-hundred day moving average price is $25.28. Confluent has a one year low of $17.79 and a one year high of $35.07. The company has a debt-to-equity ratio of 1.17, a current ratio of 4.24 and a quick ratio of 4.24. The firm has a market cap of $11.25 billion, a PE ratio of -29.86 and a beta of 0.92.

Confluent (NASDAQ:CFLT) last released its quarterly earnings data 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 net margin of 38.35% and a negative return on equity of 34.05%. As a group, research analysts expect that Confluent will post -0.9 EPS for the current fiscal year.

Insiders Place Their Bets

In other Confluent news, insider Erica Schultz sold 63,729 shares of Confluent stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $27.40, for a total transaction of $1,746,174.60. Following the transaction, the insider now directly owns 687,483 shares of the company’s stock, valued at approximately $18,837,034.20. The trade was a 8.48 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CMO Stephanie Buscemi sold 5,271 shares of Confluent stock in a transaction dated 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 directly owns 144,373 shares in the company, valued at $4,075,649.79. The trade was a 3.52 % decrease in their ownership of the stock. 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. 13.82% of the stock is currently owned by company insiders.

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.