William Blair Decreases Earnings Estimates for Confluent

Confluent, Inc. (NASDAQ:CFLT) – Equities researchers at William Blair dropped their FY2025 EPS estimates for Confluent in a note issued to investors on Tuesday, October 28th. William Blair analyst J. Ader now forecasts that the company will post earnings per share of ($0.62) for the year, down from their previous estimate of ($0.56). The consensus estimate for Confluent’s current full-year earnings is ($0.83) per share. William Blair also issued estimates for Confluent’s Q4 2025 earnings at ($0.15) EPS and FY2026 earnings at ($0.58) EPS.

Several other equities analysts have also weighed in on CFLT. Morgan Stanley raised their target price on Confluent from $25.00 to $27.00 and gave the company an “equal weight” rating in a report on Tuesday. Needham & Company LLC decreased their price target on Confluent from $26.00 to $24.00 and set a “buy” rating for the company in a research note on Thursday, July 31st. Oppenheimer raised their price objective on Confluent from $26.00 to $29.00 and gave the company an “outperform” rating in a research note on Tuesday. FBN Securities restated an “outperform” rating and issued a $28.00 target price on shares of Confluent in a report on Tuesday. Finally, Stephens upped their target price on Confluent from $25.00 to $29.00 and gave the stock an “overweight” rating in a research report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $27.97.

Confluent Stock Down 0.6%

CFLT stock opened at $23.37 on Friday. The firm has a market cap of $8.18 billion, a PE ratio of -25.97 and a beta of 0.96. Confluent has a 1 year low of $15.64 and a 1 year high of $37.90. The company has a fifty day simple moving average of $20.85 and a 200 day simple moving average of $21.86. The company has a current ratio of 4.01, a quick ratio of 3.98 and a debt-to-equity ratio of 0.98.

Confluent (NASDAQ:CFLT) last posted its earnings results on Monday, October 27th. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.10 by $0.03. Confluent had a negative net margin of 27.32% and a negative return on equity of 25.40%. The company had revenue of $298.52 million during the quarter, compared to the consensus estimate of $292.69 million. During the same period in the previous year, the firm posted $0.10 earnings per share. The company’s revenue for the quarter was up 19.3% compared to the same quarter last year. Confluent has set its Q4 2025 guidance at 0.090-0.100 EPS. FY 2025 guidance at 0.390-0.400 EPS.

Insider Buying and Selling

In other news, CRO Ban Ryan Norris Mac sold 15,200 shares of the firm’s stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $17.01, for a total value of $258,552.00. Following the sale, the executive owned 397,345 shares in the company, valued at approximately $6,758,838.45. This trade represents a 3.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Neha Narkhede sold 153,200 shares of the company’s stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $19.85, for a total transaction of $3,041,020.00. Following the transaction, the director owned 28,549 shares of the company’s stock, valued at approximately $566,697.65. The trade was a 84.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 809,540 shares of company stock worth $15,205,556. 9.20% of the stock is currently owned by company insiders.

Institutional Trading of Confluent

Several hedge funds and other institutional investors have recently bought and sold shares of CFLT. Vanguard Group Inc. raised its position in shares of Confluent by 7.2% during the first quarter. Vanguard Group Inc. now owns 26,620,150 shares of the company’s stock valued at $623,976,000 after buying an additional 1,791,588 shares during the last quarter. Altimeter Capital Management LP increased its stake in Confluent by 11.0% during the first quarter. Altimeter Capital Management LP now owns 13,042,080 shares of the company’s stock valued at $305,706,000 after acquiring an additional 1,295,710 shares during the period. Champlain Investment Partners LLC raised its holdings in Confluent by 6.7% in the 2nd quarter. Champlain Investment Partners LLC now owns 11,590,026 shares of the company’s stock valued at $288,939,000 after acquiring an additional 727,943 shares in the last quarter. William Blair Investment Management LLC lifted its position in shares of Confluent by 3.8% in the 2nd quarter. William Blair Investment Management LLC now owns 9,639,102 shares of the company’s stock worth $240,303,000 after acquiring an additional 356,277 shares during the period. Finally, Franklin Resources Inc. grew its holdings in shares of Confluent by 1.7% during the 2nd quarter. Franklin Resources Inc. now owns 8,592,443 shares of the company’s stock worth $214,210,000 after purchasing an additional 143,232 shares in the last quarter. 78.09% of the stock is currently owned by institutional investors and hedge funds.

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.