Confluent, Inc. (CFLT)
Market Cap | 8.16B |
Revenue (ttm) | 963.64M |
Net Income (ttm) | -345.07M |
Shares Out | 334.02M |
EPS (ttm) | -1.07 |
PE Ratio | n/a |
Forward PE | 72.44 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,120,649 |
Open | 25.13 |
Previous Close | 25.57 |
Day's Range | 24.30 - 25.17 |
52-Week Range | 17.79 - 37.90 |
Beta | 0.90 |
Analysts | Buy |
Price Target | 35.34 (+44.72%) |
Earnings Date | May 6, 2025 |
About CFLT
Confluent, Inc. operates a data streaming platform in the United States and internationally. The company provides platforms that allow customers to connect their applications, systems, and data layers comprising Confluent Cloud, a managed cloud-native software-as-a-service (SaaS); and Confluent Platform, an enterprise-grade self-managed software. It also offers connectors for existing applications, and IT and cloud infrastructure; Apache Flink services that allows teams to create reusable data streams that can be delivered real-time; WarpStream... [Read more]
Financial Performance
In 2024, Confluent's revenue was $963.64 million, an increase of 24.03% compared to the previous year's $776.95 million. Losses were -$345.07 million, -22.06% less than in 2023.
Financial StatementsAnalyst Forecast
According to 29 analysts, the average rating for CFLT stock is "Buy." The 12-month stock price forecast is $35.34, which is an increase of 44.72% from the latest price.
News

StarTree Awarded 2025 Confluent Data Flow ISV Partner of the Year – APAC
Recognized for accelerating adoption of streaming analytics platforms Recognized for accelerating adoption of streaming analytics platforms

New Confluent Cloud for Apache Flink® Capabilities Simplify Real-Time AI Development
BENGALURU, India--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, announced new capabilities in Confluent Cloud for Apache Flink® that streamline and simplify the process o...

Confluent Announces the General Availability of Tableflow
BENGALURU, India--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, today announced significant advancements in Tableflow, the easiest way to access operational data from dat...

Confluent Announces Partnership With sccc by stc to Bring Enterprise-Ready Data Streaming to Saudi Arabia
RIYADH, Saudi Arabia--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, today announced sccc by stc—a leading cloud services provider in Saudi Arabia—has joined the Confluent...

Confluent: Strong Subscription Momentum
Confluent's strong Q4 results and bullish FY25 outlook indicate the stock's rally has further momentum, making it a compelling buy for long-term holders. Confluent's leadership in data streaming, wide...

Confluent to Present at Upcoming Investor Conference
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ: CFLT), the data streaming pioneer, today announced that its management will present at the following upcoming investor conference: Morg...

Confluent to Host Investor Day on Thursday, March 6, 2025
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ: CFLT), the data streaming pioneer, today announced the webcast details and timing for its upcoming Investor Day 2025. During the webcas...

Confluent Q4 Earnings: The Stream Is Strong With Surging Profits And Bright Outlook
Confluent reported record revenues, non-GAAP net income, and free cash flow in Q4 2024. Confluent's strong liquidity position and free cash flow generation could help it pursue growth opportunities or...

Confluent Analysts Increase Their Forecasts After Upbeat Results
Confluent, Inc. CFLT reported better-than-expected fourth-quarter financial results on Tuesday.

What's Happening With CFLT Stock?
Confluent (NASDAQ: CFLT), a data streaming company, recently announced its Q4 results, surpassing market expectations for both revenue and earnings. The company reported $261 million in revenue and ad...

Confluent, Inc. (CFLT) Q4 2024 Earnings Call Transcript
Confluent, Inc. (NASDAQ:CFLT) Q4 2024 Earnings Conference Call February 11, 2025 4:30 PM ET Company Participants Shane Xie - Investor Relations Jay Kreps - Co-Founder & Chief Executive Officer Rohan ...

Confluent Announces Strategic Partnership with Jio Platforms Limited to Accelerate India's Development of GenAI and Next-Gen Applications with Data Streams through Jio Cloud Services
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, today announced it has signed a strategic partnership with Jio Platforms Limited (“Jio”) for Jio Clou...

Confluent and Databricks Partner to Usher In New Age of Real-Time AI
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, and Databricks, the Data and AI company, today announced a major expansion in their partnership that ...

Confluent Announces Fourth Quarter and Fiscal Year 2024 Financial Results
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ: CFLT), the data streaming pioneer, today announced financial results for its fourth quarter and fiscal year 2024, ended December 31, 20...

Firebolt Welcomes Former Oracle and Confluent Leader Hemanth Vedagarbha as President, Overseeing Global Go-To-Market Expansion and Customer-Facing Operations
PALO ALTO, Calif.--(BUSINESS WIRE)--Firebolt, the Data Warehouse for AI applications, today announced that Hemanth Vedagarbha has joined the company as its first-ever President. In this role, Vedagarb...

Confluent: Excellent Growth At An Even Better Price
Confluent is a terrific "growth at a reasonable price" software stock that has only seen its share price rise ~20% over the past year, despite strong growth. Confluent, founded by creators of open-sou...

Confluent to Announce Fourth Quarter and Fiscal Year 2024 Financial Results on February 11, 2025
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ: CFLT), the data streaming pioneer, today announced it will release financial results for its fourth quarter and fiscal year 2024, which...

Confluent: Unlocking The Potential Of AI
Confluent's data streaming platform could be crucial for AI, making the stock undervalued with high-growth potential. Q3 2024 results show 25% revenue growth, positive free cash flow, and improved GAA...

New Confluent Platform for Apache Flink Makes It Easy to Manage and Secure High-Performance Stream Processing On-Premises
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, announced the general availability of Confluent Platform for Apache Flink® with added enterprise-leve...

Confluent: After A Strong Quarter And A Share Price Spike Is There More To Come?
Confluent shares have surged 30% in the past month, driven by accelerating revenue growth and significant profitability improvements, making it an attractive buy despite past volatility. The company r...

Oscilar Launches Revolutionary Device and Behavioral Intelligence Solution to Combat AI-Powered Fraud
New offering intended to protect against projected $40 billion in AI-powered fraud by 2027. PALO ALTO, Calif.

Confluent to Present at Upcoming Investor Conferences
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ: CFLT), the data streaming pioneer, today announced that its management will present at the following upcoming investor conferences: RBC...

Confluent: Strong Q3 Sets The Stage For A Festive Quarter
Confluent's Q3 earnings highlight its efficient growth with 25% revenue growth, record non-GAAP operating margin, and record free cash flow. Confluent is witnessing consumption stabilization among its...

Confluent, Inc. (CFLT) Q3 2024 Earnings Call Transcript
Confluent, Inc. (NASDAQ:CFLT) Q3 2024 Earnings Conference Call October 30, 2024 4:30 PM ET Company Participants Shane Xie - Investor Relations Jay Kreps - Co-Founder & Chief Executive Officer Rohan S...