Confluent Analysts Increase Their Forecasts After Upbeat Results
1. CFLT reported Q4 earnings of 9 cents, exceeding estimates. 2. Quarterly sales reached $261.22 million, beating expectations. 3. Revenue forecasts for Q1 2025 are projected between $253-$254 million. 4. New partnerships with Jio and Databricks enhance market position. 5. Analysts updated price targets for CFLT, mostly upward adjustments.