Confluent, Inc. (CFLT)

Market Cap	9.24B
Revenue (ttm)	819.89M
Net Income (ttm)	-383.16M
Shares Out	317.50M
EPS (ttm)	-1.25
PE Ratio	n/a
Forward PE	127.84
Dividend	n/a
Ex-Dividend Date	n/a

Volume	2,210,130
Open	28.79
Previous Close	28.54
Day's Range	28.12 - 29.33
52-Week Range	14.69 - 41.22
Beta	0.88
Analysts	Buy
Price Target	32.85 (+12.93%)
Earnings Date	Jul 31, 2024

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, such as Confluent Cloud, a managed cloud-native software-as-a-service; and Confluent Platform, an enterprise-grade self-managed software. It 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; ksqlDB, a data-in-motion...

• Industry: Software - Infrastructure
• Sector: Technology
• IPO Date: Jun 24, 2021
• Employees: 2,744
• Stock Exchange: NASDAQ
• Ticker Symbol: CFLT

Financial Performance

In 2023, Confluent's revenue was $776.95 million, an increase of 32.60% compared to the previous year's $585.94 million. Losses were -$442.75 million, -2.17% less than in 2022.

Analyst Forecast

According to 26 analysts, the average rating for CFLT stock is "Buy." The 12-month stock price forecast is $32.85, which is an increase of 12.93% from the latest price.

Price Target

$32.85

(12.93% upside)

Analyst Consensus: Buy