Confluent (CFLT) Projected to Post Quarterly Earnings on Wednesday

Confluent (NASDAQ:CFLT - Get Free Report) is anticipated to post its Q2 2025 quarterly earnings results after the market closes on Wednesday, July 30th. Analysts expect Confluent to post earnings of $0.08 per share and revenue of $278.32 million for the quarter. Confluent has set its Q2 2025 guidance at 0.080-0.090 EPS and its FY 2025 guidance at 0.360-0.360 EPS.

Confluent (NASDAQ:CFLT - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.01. The firm had revenue of $271.12 million during the quarter, compared to analysts' expectations of $264.45 million. Confluent had a negative return on equity of 29.92% and a negative net margin of 31.42%. Confluent's revenue was up 24.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.05 earnings per share. On average, analysts expect Confluent to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Confluent Price Performance

CFLT stock traded up $0.75 during midday trading on Friday, hitting $27.35. 5,818,628 shares of the stock were exchanged, compared to its average volume of 5,032,097. The stock's 50-day moving average price is $24.20 and its 200-day moving average price is $25.52. The stock has a market cap of $9.31 billion, a price-to-earnings ratio of -27.91 and a beta of 0.99. Confluent has a fifty-two week low of $17.79 and a fifty-two week high of $37.90. The company has a debt-to-equity ratio of 1.07, a quick ratio of 4.42 and a current ratio of 4.42.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Loop Capital reduced their price objective on Confluent from $30.00 to $22.00 and set a "hold" rating for the company in a report on Wednesday, April 23rd. Oppenheimer reduced their price objective on Confluent from $35.00 to $32.00 and set an "outperform" rating for the company in a report on Thursday, May 1st. Morgan Stanley lowered their target price on Confluent from $32.00 to $25.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 16th. Stephens began coverage on Confluent in a report on Friday, July 18th. They set an "overweight" rating and a $31.00 target price on the stock. Finally, Canaccord Genuity Group lowered their target price on Confluent from $38.00 to $32.00 and set a "buy" rating on the stock in a report on Thursday, May 1st. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, twenty-one have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, Confluent has an average rating of "Moderate Buy" and an average price target of $30.36.

Insider Buying and Selling

In other Confluent news, Director Michelangelo Volpi sold 25,000 shares of Confluent stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $25.00, for a total value of $625,000.00. Following the transaction, the director owned 267,079 shares in the company, valued at $6,676,975. This trade represents a 8.56% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Eric Vishria sold 30,953 shares of Confluent stock in a transaction on Monday, May 19th. The shares were sold at an average price of $21.93, for a total transaction of $678,799.29. Following the completion of the transaction, the director owned 1,169,876 shares in the company, valued at approximately $25,655,380.68. This trade represents a 2.58% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 546,669 shares of company stock worth $12,637,193 over the last 90 days. Company insiders own 9.20% of the company's stock.

Hedge Funds Weigh In On Confluent

A hedge fund recently bought a new stake in Confluent stock. Woodline Partners LP bought a new stake in shares of Confluent, Inc. (NASDAQ:CFLT - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 14,148 shares of the company's stock, valued at approximately $332,000. 78.09% of the stock is currently owned by institutional investors and hedge funds.

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.