Shares of Confluent, Inc. (CFLT) are soaring 12.66% in pre-market trading on Tuesday following the release of impressive third-quarter 2025 financial results that surpassed analyst expectations. The data streaming platform provider reported robust revenue growth and raised its full-year outlook, signaling continued momentum in its business.

For the third quarter, Confluent posted total revenue of $298.5 million, up 19% year-over-year and beating the analyst consensus estimate of $292.87 million. The company's adjusted earnings per share came in at $0.13, surpassing the expected $0.10. Notably, Confluent Cloud revenue reached $161 million, representing a strong 24% year-over-year growth and demonstrating increasing customer adoption of its cloud-based solutions.

Adding to investor optimism, Confluent raised its full-year 2025 guidance. The company now expects adjusted earnings per share between $0.39 and $0.40, up from its previous forecast of $0.36. Additionally, Confluent projects full-year subscription revenue in the range of $1,113.5 million to $1,114.5 million, reflecting confidence in its growth trajectory. The positive results and outlook underscore Confluent's strong position in the data streaming market and its ability to capitalize on the growing demand for real-time data processing solutions.

Following the earnings release, several analysts raised their price targets for Confluent stock. Raymond James increased its target to $30 from $25, while Piper Sandler and D.A. Davidson also raised their targets to $28 and $29, respectively. The average consensus recommendation for Confluent remains a "buy," with 23 analysts rating it as "strong buy" or "buy," 9 as "hold," and only 1 as "sell" or "strong sell." The positive analyst sentiment further supports the stock's strong performance and investors' confidence in Confluent's future prospects.