Confluent, Inc. (NASDAQ:CFLT) Given Average Rating of “Hold” by Analysts

Shares of Confluent, Inc. (NASDAQ:CFLT) have been assigned a consensus rating of “Hold” from the thirty-three brokerages that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, twenty-eight have assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $28.7097.

A number of brokerages have recently weighed in on CFLT. DA Davidson reiterated a “neutral” rating and issued a $31.00 price objective (up from $29.00) on shares of Confluent in a research report on Monday, December 8th. Stephens lifted their price target on shares of Confluent from $25.00 to $29.00 and gave the company an “overweight” rating in a report on Tuesday, October 28th. Raymond James Financial downgraded shares of Confluent from an “outperform” rating to a “market perform” rating in a research report on Tuesday, December 9th. Citizens Jmp cut shares of Confluent from an “outperform” rating to a “market perform” rating in a research report on Friday, January 9th. Finally, Canaccord Genuity Group lowered shares of Confluent from a “buy” rating to a “hold” rating and lifted their target price for the company from $27.00 to $31.00 in a research note on Monday, December 8th.

Confluent Price Performance

Shares of Confluent stock opened at $30.63 on Wednesday. The firm has a market cap of $10.95 billion, a PE ratio of -35.62 and a beta of 0.95. Confluent has a 12-month low of $15.64 and a 12-month high of $33.00. The company has a quick ratio of 3.83, a current ratio of 3.83 and a debt-to-equity ratio of 0.94. The company’s fifty day simple moving average is $30.39 and its two-hundred day simple moving average is $24.73.

Confluent (NASDAQ:CFLT) last issued its quarterly earnings data on Wednesday, February 11th. The company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.10 by $0.02. The firm had revenue of $314.82 million during the quarter, compared to the consensus estimate of $308.03 million. Confluent had a negative net margin of 25.31% and a negative return on equity of 22.66%. The company’s quarterly revenue was up 20.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.09 earnings per share. As a group, equities analysts expect that Confluent will post -0.83 EPS for the current year.

Key Headlines Impacting Confluent

Here are the key news stories impacting Confluent this week:

• Positive Sentiment: IBM acquisition mention: coverage reiterated IBM’s strategic buy of Confluent (cited at ~$11B), which supports a takeover-premium narrative and longer-term exit/value realization for shareholders. IBM/Confluent acquisition release
• Positive Sentiment: Asset-manager endorsement: Jackson Peak Capital named Confluent a top Q4 contributor, signaling continued institutional interest and demand among some active managers. Jackson Peak Capital article
• Positive Sentiment: Partner/product momentum: a Yahoo piece highlighted Confluent’s “Sell With Confluent” partner program and positioning to capture the large data‑streaming market, reinforcing growth narrative and TAM expansion. Sell With Confluent article
• Negative Sentiment: Large insider selling by CEO Edward Kreps: sold 270,207 shares (~$8.3M) and reduced his holding ~47%, a high-profile transaction that often weighs on sentiment and price. SEC filing: CEO Form 4
• Negative Sentiment: Multiple other executive sales: CFO Rohan Sivaram (21,503 sh), CRO Ban Ryan Norris Mac (combined ~31,273 sh across filings), and CAO Kong Phan (2,277 sh) trimmed positions — collective insider liquidity events can trigger short-term selling pressure. SEC filings: CFO CFO Form 4; CRO CRO Form 4; CAO CAO Form 4

Insider Buying and Selling at Confluent

In related news, CFO Rohan Sivaram sold 21,503 shares of Confluent stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $30.70, for a total transaction of $660,142.10. Following the sale, the chief financial officer directly owned 561,966 shares in the company, valued at $17,252,356.20. The trade was a 3.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Kong Phan sold 2,277 shares of the company’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $30.70, for a total value of $69,903.90. Following the completion of the sale, the chief accounting officer directly owned 218,228 shares in the company, valued at approximately $6,699,599.60. The trade was a 1.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 1,539,830 shares of company stock worth $46,231,391. Insiders own 13.82% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Pacer Advisors Inc. grew its stake in shares of Confluent by 74.9% in the fourth quarter. Pacer Advisors Inc. now owns 29,584 shares of the company’s stock worth $895,000 after acquiring an additional 12,670 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in Confluent by 2,048.7% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 1,289,720 shares of the company’s stock worth $39,001,000 after purchasing an additional 1,229,696 shares in the last quarter. EP Wealth Advisors LLC purchased a new stake in Confluent during the 4th quarter valued at about $513,000. Fuller & Thaler Asset Management Inc. bought a new stake in Confluent during the 4th quarter valued at about $457,000. Finally, XTX Topco Ltd purchased a new position in Confluent in the fourth quarter worth about $2,501,000. Hedge funds and other institutional investors own 78.09% of the company’s stock.

Confluent Company Profile

Confluent, Inc (NASDAQ: CFLT) is a leading provider of an event streaming platform built on Apache Kafka. The company’s flagship offerings include Confluent Platform—a self-managed software solution—and Confluent Cloud, a fully managed service designed to simplify real-time data processing across hybrid and multi-cloud environments. These products enable enterprises to collect, process and distribute high volumes of data in real time, supporting use cases such as fraud detection, supply chain optimization and personalized customer experiences.

Founded in 2014 by Apache Kafka co-creators Jay Kreps, Neha Narkhede and Jun Rao, Confluent has driven the commercialization of Kafka technologies and extended the platform with tools for data integration, stream processing and enterprise-grade security.