Weekly Analysts’ Ratings Updates for Confluent (CFLT)

Confluent (NASDAQ: CFLT) recently received a number of ratings updates from brokerages and research firms:

• 3/17/2025 – Confluent had its “outperform” rating reaffirmed by analysts at William Blair.
• 3/10/2025 – Confluent had its price target lowered by analysts at Loop Capital from $34.00 to $30.00. They now have a “hold” rating on the stock.
• 3/7/2025 – Confluent had its “outperform” rating reaffirmed by analysts at William Blair.
• 3/7/2025 – Confluent had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $40.00 price target on the stock.
• 2/26/2025 – Confluent was upgraded by analysts at UBS Group AG from a “neutral” rating to a “buy” rating. They now have a $38.00 price target on the stock, up previously from $34.00.
• 2/12/2025 – Confluent had its price target raised by analysts at Bank of America Co. from $26.00 to $31.00. They now have an “underperform” rating on the stock.
• 2/12/2025 – Confluent had its price target raised by analysts at Scotiabank from $27.00 to $35.00. They now have a “sector perform” rating on the stock.
• 2/12/2025 – Confluent had its price target raised by analysts at Wells Fargo & Company from $40.00 to $42.00. They now have an “overweight” rating on the stock.
• 2/12/2025 – Confluent had its price target raised by analysts at Piper Sandler from $35.00 to $40.00. They now have an “overweight” rating on the stock.
• 2/12/2025 – Confluent had its price target raised by analysts at Barclays PLC from $35.00 to $37.00. They now have an “overweight” rating on the stock.
• 2/12/2025 – Confluent had its price target raised by analysts at Royal Bank of Canada from $36.00 to $41.00. They now have an “outperform” rating on the stock.
• 2/12/2025 – Confluent had its price target raised by analysts at Evercore ISI from $32.00 to $40.00. They now have an “outperform” rating on the stock.
• 2/12/2025 – Confluent had its price target raised by analysts at UBS Group AG from $26.00 to $34.00. They now have a “neutral” rating on the stock.
• 2/12/2025 – Confluent had its price target raised by analysts at Morgan Stanley from $30.00 to $32.00. They now have an “equal weight” rating on the stock.
• 2/12/2025 – Confluent had its price target raised by analysts at Truist Financial Co. from $35.00 to $40.00. They now have a “buy” rating on the stock.
• 2/12/2025 – Confluent had its price target raised by analysts at Guggenheim from $35.00 to $38.00. They now have a “buy” rating on the stock.
• 2/12/2025 – Confluent had its price target raised by analysts at Stifel Nicolaus from $37.00 to $40.00. They now have a “buy” rating on the stock.
• 2/12/2025 – Confluent had its price target raised by analysts at Canaccord Genuity Group Inc. from $34.00 to $38.00. They now have a “buy” rating on the stock.
• 2/12/2025 – Confluent had its price target raised by analysts at Needham & Company LLC from $31.00 to $40.00. They now have a “buy” rating on the stock.
• 1/31/2025 – Confluent had its price target raised by analysts at Guggenheim from $32.00 to $35.00. They now have a “buy” rating on the stock.

Confluent Stock Up 3.0 %

Shares of Confluent stock opened at $27.30 on Tuesday. Confluent, Inc. has a one year low of $17.79 and a one year high of $37.90. The company has a market cap of $9.12 billion, a P/E ratio of -25.28 and a beta of 0.90. The company has a debt-to-equity ratio of 1.14, a quick ratio of 4.24 and a current ratio of 3.99. The firm has a fifty day moving average of $29.47 and a two-hundred day moving average of $27.08.

Confluent (NASDAQ:CFLT) last issued its earnings results on Tuesday, February 11th. The company reported ($0.23) earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.28). Confluent had a negative return on equity of 34.70% and a negative net margin of 35.81%. On average, analysts forecast that Confluent, Inc. will post -0.83 earnings per share for the current year.

Insider Buying and Selling at Confluent

In other news, CFO Rohan Sivaram sold 68,350 shares of the business’s stock in a transaction that occurred on Thursday, February 13th. The shares were sold at an average price of $36.23, for a total value of $2,476,320.50. Following the completion of the transaction, the chief financial officer now owns 520,273 shares of the company’s stock, valued at $18,849,490.79. The trade was a 11.61 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Kong Phan sold 6,346 shares of the firm’s stock in a transaction that occurred on Thursday, February 13th. The stock was sold at an average price of $36.22, for a total transaction of $229,852.12. Following the sale, the chief accounting officer now owns 179,593 shares in the company, valued at approximately $6,504,858.46. This trade represents a 3.41 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 1,200,746 shares of company stock worth $38,505,150. 13.82% of the stock is owned by corporate insiders.

Institutional Trading of Confluent

A number of hedge funds have recently added to or reduced their stakes in the business. Credit Industriel ET Commercial acquired a new stake in shares of Confluent in the fourth quarter worth approximately $28,000. Blue Trust Inc. raised its stake in Confluent by 354.0% during the fourth quarter. Blue Trust Inc. now owns 2,061 shares of the company’s stock worth $58,000 after purchasing an additional 1,607 shares during the period. SBI Securities Co. Ltd. acquired a new position in shares of Confluent in the 4th quarter valued at $59,000. GAMMA Investing LLC grew its stake in shares of Confluent by 85.3% during the 4th quarter. GAMMA Investing LLC now owns 2,467 shares of the company’s stock valued at $69,000 after buying an additional 1,136 shares during the period. Finally, Point72 Hong Kong Ltd acquired a new stake in shares of Confluent during the 3rd quarter worth $68,000. 78.09% of the stock is owned by institutional investors and hedge funds.

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.