What is William Blair's Estimate for Confluent Q1 Earnings?

Confluent, Inc. (NASDAQ:CFLT - Free Report) - Stock analysts at William Blair issued their Q1 2025 earnings per share estimates for Confluent in a research note issued to investors on Wednesday, February 12th. William Blair analyst J. Ader expects that the company will earn ($0.20) per share for the quarter. The consensus estimate for Confluent's current full-year earnings is ($0.83) 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 - Get Free Report) last posted its earnings results on Tuesday, February 11th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.28). Confluent had a negative net margin of 35.81% and a negative return on equity of 35.45%.

Several other equities research analysts have also recently commented on the company. Wells Fargo & Company increased their price target on Confluent from $40.00 to $42.00 and gave the company an "overweight" rating in a report on Wednesday, February 12th. Canaccord Genuity Group lifted their target price on shares of Confluent from $34.00 to $38.00 and gave the company a "buy" rating in a report on Wednesday, February 12th. Robert W. Baird increased their price target on shares of Confluent from $23.00 to $28.00 and gave the stock a "neutral" rating in a research report on Thursday, October 31st. Mizuho lifted their target price on Confluent from $31.00 to $35.00 and gave the company an "outperform" rating in a report on Friday, December 13th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Confluent from $35.00 to $38.00 and gave the company an "overweight" rating in a research report on Wednesday, December 11th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Confluent currently has an average rating of "Moderate Buy" and a consensus target price of $35.00.

Confluent Price Performance

CFLT traded down $0.69 during midday trading on Monday, hitting $32.54. 8,437,197 shares of the company traded hands, compared to its average volume of 5,562,256. The company has a current ratio of 4.24, a quick 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. The company has a market capitalization of $10.67 billion, a price-to-earnings ratio of -30.13 and a beta of 0.92. The business has a 50 day simple moving average of $29.83 and a two-hundred day simple moving average of $25.79.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. ProShare Advisors LLC boosted its stake in Confluent by 3.1% during the 4th quarter. ProShare Advisors LLC now owns 10,774 shares of the company's stock worth $301,000 after acquiring an additional 328 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in Confluent by 4.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 11,557 shares of the company's stock worth $323,000 after buying an additional 458 shares during the period. EP Wealth Advisors LLC lifted its holdings in Confluent by 3.6% during the third quarter. EP Wealth Advisors LLC now owns 14,371 shares of the company's stock worth $293,000 after acquiring an additional 503 shares in the last quarter. Truist Financial Corp grew its stake in Confluent by 2.5% in the fourth quarter. Truist Financial Corp now owns 21,081 shares of the company's stock valued at $589,000 after acquiring an additional 514 shares during the period. Finally, Jasper Ridge Partners L.P. increased its holdings in shares of Confluent by 4.8% in the fourth quarter. Jasper Ridge Partners L.P. now owns 14,409 shares of the company's stock worth $403,000 after acquiring an additional 664 shares in the last quarter. 78.09% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, CFO Rohan Sivaram sold 68,350 shares of Confluent stock in a transaction that occurred on Thursday, February 13th. The shares were sold at an average price of $36.23, for a total transaction of $2,476,320.50. Following the completion of the sale, the chief financial officer now owns 520,273 shares in the company, valued at $18,849,490.79. The trade was a 11.61 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Kong Phan sold 3,947 shares of the stock in a transaction that occurred on Friday, December 20th. The shares were sold at an average price of $28.74, for a total transaction of $113,436.78. Following the completion of the transaction, the chief accounting officer now owns 179,939 shares in the company, valued at $5,171,446.86. This represents a 2.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 1,163,520 shares of company stock valued at $38,727,870 in the last 90 days. 13.82% of the stock is currently owned by 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.