Capital One Financial Comments on Confluent Q1 Earnings

Confluent, Inc. (NASDAQ:CFLT - Free Report) - Analysts at Capital One Financial issued their Q1 2025 EPS estimates for Confluent in a research report issued to clients and investors on Wednesday, January 15th. Capital One Financial analyst C. Murphy forecasts 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.

Other research analysts have also issued research reports about the stock. Robert W. Baird lifted their price objective on shares of Confluent from $23.00 to $28.00 and gave the stock a "neutral" rating in a research note on Thursday, October 31st. TD Cowen lifted their price target on shares of Confluent from $27.00 to $31.00 and gave the stock a "buy" rating in a research report on Thursday, October 31st. Mizuho upped their price objective on shares of Confluent from $31.00 to $35.00 and gave the company an "outperform" rating in a research report on Friday, December 13th. UBS Group lifted their target price on Confluent from $23.00 to $26.00 and gave the stock a "neutral" rating in a report on Thursday, October 31st. Finally, Royal Bank of Canada increased their price target on Confluent from $33.00 to $36.00 and gave the stock an "outperform" rating in a report on Friday, January 3rd. 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 company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $32.37.

Confluent Trading Down 0.1 %

CFLT traded down $0.04 during midday trading on Friday, reaching $26.70. 3,761,493 shares of the company were exchanged, compared to its average volume of 3,136,990. 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 stock has a market capitalization of $8.76 billion, a P/E ratio of -24.05 and a beta of 0.91. The stock's 50-day simple moving average is $29.62 and its 200 day simple moving average is $24.98. Confluent has a one year low of $17.79 and a one year high of $35.07.

Confluent (NASDAQ:CFLT - Get Free Report) last announced its quarterly earnings data on Wednesday, October 30th. The company reported ($0.21) EPS for the quarter, topping analysts' consensus estimates of ($0.24) by $0.03. The business had revenue of $250.20 million during the quarter, compared to analysts' expectations of $243.98 million. Confluent had a negative return on equity of 34.05% and a negative net margin of 38.35%.

Institutional Trading of Confluent

Several institutional investors and hedge funds have recently bought and sold shares of the business. Champlain Investment Partners LLC boosted its stake in shares of Confluent by 72.2% during the 3rd quarter. Champlain Investment Partners LLC now owns 10,700,846 shares of the company's stock worth $218,083,000 after acquiring an additional 4,486,841 shares during the period. 1832 Asset Management L.P. boosted its position in Confluent by 28.4% during the second quarter. 1832 Asset Management L.P. now owns 7,617,100 shares of the company's stock worth $224,933,000 after purchasing an additional 1,684,100 shares during the period. Geode Capital Management LLC boosted its position in Confluent by 2.5% during the third quarter. Geode Capital Management LLC now owns 4,325,709 shares of the company's stock worth $88,180,000 after purchasing an additional 107,510 shares during the period. Atreides Management LP increased its holdings in shares of Confluent by 7.3% in the third quarter. Atreides Management LP now owns 2,706,910 shares of the company's stock valued at $55,167,000 after purchasing an additional 184,865 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. raised its position in shares of Confluent by 46.9% in the third quarter. Jacobs Levy Equity Management Inc. now owns 2,513,426 shares of the company's stock valued at $51,224,000 after purchasing an additional 802,353 shares during the period. Institutional investors own 78.09% of the company's stock.

Insider Buying and Selling at Confluent

In other Confluent news, CAO Kong Phan sold 3,947 shares of the stock in a transaction on Friday, December 20th. The shares were sold at an average price of $28.74, for a total value of $113,436.78. Following the completion of the sale, the chief accounting officer now owns 179,939 shares in the company, valued at $5,171,446.86. This trade represents a 2.15 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Erica Schultz sold 63,729 shares of the business's 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 owns 687,483 shares in the company, valued at $18,837,034.20. This represents a 8.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 4,584,712 shares of company stock worth $132,928,936 over the last ninety days. 13.82% of the stock is currently owned by corporate 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.