Q3 Earnings Forecast for Confluent Issued By DA Davidson

Confluent, Inc. (NASDAQ:CFLT) – Investment analysts at DA Davidson issued their Q3 2025 earnings estimates for shares of Confluent in a research report issued to clients and investors on Thursday, July 31st. DA Davidson analyst R. Kessinger expects that the company will post earnings of ($0.15) per share for the quarter. DA Davidson currently has a “Buy” rating and a $24.00 target price on the stock. The consensus estimate for Confluent’s current full-year earnings is ($0.83) per share.

Confluent (NASDAQ:CFLT) last issued its earnings results on Wednesday, July 30th. The company reported $0.09 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.01. Confluent had a negative net margin of 29.27% and a negative return on equity of 27.34%. The company had revenue of $282.29 million for the quarter, compared to the consensus estimate of $278.32 million. During the same period in the previous year, the firm earned $0.06 earnings per share. Confluent’s quarterly revenue was up 20.1% compared to the same quarter last year.

Other research analysts have also issued reports about the company. Oppenheimer lowered their price objective on Confluent from $32.00 to $26.00 and set an “outperform” rating for the company in a research report on Thursday. TD Securities lowered their price target on Confluent from $34.00 to $32.00 and set a “buy” rating for the company in a report on Thursday, May 1st. Stifel Nicolaus restated a “hold” rating and issued a $21.00 price objective (down from $30.00) on shares of Confluent in a report on Thursday. Wells Fargo & Company lowered their target price on shares of Confluent from $30.00 to $27.00 and set an “overweight” rating for the company in a research note on Thursday. Finally, Citigroup reiterated a “neutral” rating on shares of Confluent in a research report on Wednesday, May 21st. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating, nineteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Confluent presently has an average rating of “Moderate Buy” and an average target price of $27.54.

Confluent Stock Down 3.0%

CFLT stock opened at $17.20 on Friday. Confluent has a one year low of $16.56 and a one year high of $37.90. The firm has a market cap of $5.85 billion, a PE ratio of -18.30 and a beta of 0.99. The firm’s 50 day moving average price is $24.34 and its 200-day moving average price is $25.37. The company has a debt-to-equity ratio of 1.03, a quick ratio of 4.42 and a current ratio of 3.98.

Institutional Investors Weigh In On Confluent

Several hedge funds and other institutional investors have recently made changes to their positions in the business. ProShare Advisors LLC boosted its holdings in Confluent by 3.1% in the fourth quarter. ProShare Advisors LLC now owns 10,774 shares of the company’s stock valued at $301,000 after purchasing an additional 328 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in shares of 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 last quarter. Amalgamated Bank boosted its holdings in shares of Confluent by 3.4% in the 1st quarter. Amalgamated Bank now owns 16,995 shares of the company’s stock valued at $398,000 after buying an additional 566 shares in the last quarter. GAMMA Investing LLC grew its position in shares of Confluent by 26.8% in the 1st quarter. GAMMA Investing LLC now owns 3,128 shares of the company’s stock valued at $73,000 after buying an additional 661 shares during the last quarter. Finally, Jasper Ridge Partners L.P. grew its position in shares of Confluent by 4.8% in the 4th quarter. Jasper Ridge Partners L.P. now owns 14,409 shares of the company’s stock valued at $403,000 after buying an additional 664 shares during the last quarter. Institutional investors and hedge funds own 78.09% of the company’s stock.

Insider Buying and Selling

In other news, CEO Edward Jay Kreps sold 232,500 shares of Confluent stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $24.50, for a total transaction of $5,696,250.00. Following the completion of the sale, the chief executive officer directly owned 452,488 shares of the company’s stock, valued at approximately $11,085,956. The trade was a 33.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Kong Phan sold 3,575 shares of the business’s stock in a transaction on Friday, June 20th. The stock was sold at an average price of $23.49, for a total transaction of $83,976.75. Following the transaction, the chief accounting officer owned 239,742 shares of the company’s stock, valued at approximately $5,631,539.58. The trade was a 1.47% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 486,669 shares of company stock worth $11,439,593. Corporate insiders own 9.20% of the company’s stock.

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.