CFLT Stock Recent News
CFLT LATEST HEADLINES
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
Confluent: Growing Moat Could Offset Spending Uncertainty
Confluent's stock has dropped ~30% since January due to weaker consumption trends, presenting a buying opportunity despite short-term risks. The company cut its FY25 outlook to 20% y/y growth in subscription revenue, one point weaker than its prior forecast. The stock's corresponding post-earnings slide more than compensates for this risk. Confluent's TAM is projected to reach $100 billion by 2027, with current revenue only 1% penetrated, indicating significant long-term growth potential.
One of the more beaten-down tech stocks over the past month or so has been data streaming specialist Confluent (CFLT -18.63%).
Confluent (CFLT -18.35%) stock is getting crushed in Thursday's trading following the company's quarterly report yesterday. The company's share price was down 17.3% as of 12:45 p.m.
U.S. stock futures were higher this morning, with the Dow futures gaining around 300 points on Thursday.
Confluent, Inc. (CFLT) Q1 2025 Earnings Call Transcript
The headline numbers for Confluent (CFLT) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Confluent (CFLT) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.05 per share a year ago.
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ: CFLT), the data streaming pioneer, today announced financial results for its first quarter of 2025, ended March 31, 2025. “Confluent started the year with solid momentum, achieving subscription revenue growth of 26% year over year,” said Jay Kreps, co-founder and CEO, Confluent. “Our growth at scale amid heightened macroeconomic uncertainty demonstrates the mission-critical nature of data streaming and our significant product lead.