Confluent Inc (CFLT) PT Raised to $40 at JMP Securities

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Confluent Inc (CFLT) PT Raised to $40 at RBC Capital

May 8, 2024 6:23 AM EDT

RBC Capital analyst Matthew Hedberg raised the price target on Confluent Inc (NASDAQ: CFLT) to $40.00 (from $37.00) while maintaining a Outperform rating.

The analyst comments "Confluent delivered strong Q1/24 results relative to expectations highlighted by a 2.6% revenue beat as management increased the... More

Confluent Inc (CFLT) PT Raised to $34 at Barclays

May 8, 2024 3:57 AM EDT

Barclays analyst Raimo Lenschow raised the price target on Confluent Inc (NASDAQ: CFLT) to $34.00 (from $33.00) while maintaining a Overweight rating.... More

Confluent, Inc. (CFLT) Tops Q1 EPS by 3c; offers outlook

May 7, 2024 4:14 PM EDT

Confluent, Inc. (NASDAQ: CFLT) reported Q1 EPS of $0.05, $0.03 better than the analyst estimate of $0.02. Revenue for the quarter came in at $217.2 million versus the consensus estimate of $211.6 million.

GUIDANCE:

Confluent, Inc. sees Q2 2024 EPS of $0.04-$0.05, versus the consensus of... More

Confluent Inc (CFLT) PT Lowered to $32 at Citi

May 6, 2024 5:46 AM EDT

Citi analyst Tyler Radke lowered the price target on Confluent Inc (NASDAQ: CFLT) to $32.00 (from $33.00) while maintaining a Neutral rating.

The analyst comments "Following an improved Q4, where stock outperformed (+16%vs IGV-8%), we are looking for a more mixed Q1, given SMB choppiness... More