Confluent Inc (NASDAQ:CFLT) stock is surging today, up 11.2% at $23.05 at last glance, after a Reuters report stated that the software name is exploring a sale.
Confluent (CFLT) shares jumped over 10% in early trading Wednesday following a report the data streaming company is exploring a sale.
Confluent is exploring a sale after attracting acquisition interest, according to three people familiar with the matter, the latest data infrastructure company to draw suitors for its potential in supporting artificial intelligence development.
The company's analytics products enable real-time Agentic AI. The high adoption of newer company products like Flink increases the likelihood that revenue growth will reaccelerate. The company faces near-term risks from its customers optimizing cloud spending.
Revenue growth has slowed, but Agentic AI adoption could offset this and drive new demand for Confluent's products. Relative valuation suggests it's undervalued. Absolute valuation, while more neutral, may indicate a slight undervaluation of 17% for the next 12 months. The main risk is fierce competition from cloud giants. Other caveats to consider are stock-based compensation, share dilution, and insider selling.
Confluent, Inc. (NASDAQ:CFLT ) Q2 2025 Earnings Conference Call July 30, 2025 4:30 PM ET Company Participants Edward Kreps - Co-Founder, Chairman & CEO Rohan Sivaram - Chief Financial Officer Shane Xie - Senior Director & Head-Investor Relations Conference Call Participants Brad Alan Zelnick - Deutsche Bank AG, Research Division Gregg Steven Moskowitz - Mizuho Securities USA LLC, Research Division James Derrick Wood - TD Cowen, Research Division Jason Noah Ader - William Blair & Company L.L.C., Research Division Matthew George Hedberg - RBC Capital Markets, Research Division Michael Joseph Cikos - Needham & Company, LLC, Research Division Peter Weed - Sanford C.
The headline numbers for Confluent (CFLT) give insight into how the company performed in the quarter ended June 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 $0.09 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.06 per share a year ago.
Get a deeper insight into the potential performance of Confluent (CFLT) for the quarter ended June 2025 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.
Confluent (CFLT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
Confluent (CFLT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.