Confluent, Inc. (CFLT)

NASDAQ: CFLT · Real-Time Price · USD
21.12
-0.39 (-1.81%)
Apr 17, 2025, 4:00 PM EDT - Market closed
-1.81%
Market Cap 7.05B
Revenue (ttm) 963.64M
Net Income (ttm) -345.07M
Shares Out 334.02M
EPS (ttm) -1.07
PE Ratio n/a
Forward PE 60.07
Dividend n/a
Ex-Dividend Date n/a
Volume 2,601,911
Open 21.47
Previous Close 21.51
Day's Range 20.90 - 21.50
52-Week Range 17.79 - 37.90
Beta 1.03
Analysts Buy
Price Target 34.77 (+64.63%)
Earnings Date Apr 30, 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]

Sector Technology
IPO Date Jun 24, 2021
Employees 3,060
Stock Exchange NASDAQ
Ticker Symbol CFLT
Full Company Profile

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 Statements

Analyst Forecast

According to 30 analysts, the average rating for CFLT stock is "Buy." The 12-month stock price forecast is $34.77, which is an increase of 64.63% from the latest price.

Price Target
$34.77
(64.63% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Confluent Promotes Ryan Mac Ban to Chief Revenue Officer

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc. (Nasdaq:CFLT), the data streaming pioneer, today announced the promotion of Ryan Mac Ban to Chief Revenue Officer (CRO). In this expanded role, ...

2 days ago - Business Wire

Confluent Wins Google Cloud Partner of the Year for the Sixth Time

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc. (Nasdaq:CFLT), the data streaming pioneer, announced today that it has received the 2025 Google Cloud Partner of the Year award for Data & Analy...

8 days ago - Business Wire

Confluent to Announce First Quarter 2025 Financial Results on April 30, 2025

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ: CFLT), the data streaming pioneer, today announced it will release financial results for its first quarter of 2025, which ended March 3...

9 days ago - Business Wire

If Tariffs Shift Customer Spending Priorities, These Software Stocks Could Face Slow Growth

Needham analyst Mike Cikos noted tariff exposure in his Infrastructure Software coverage is better insulated compared to other sectors due to the U.S.' dominant position in Software and the vast, chea...

Other symbols: NTNXPSTG
10 days ago - Benzinga

Confluent Medical Technologies Announces Ultra Polyimide

Confluent Unveils Material Breakthrough That Delivers Twice The Strength Of Traditional Polyimide Confluent Unveils Material Breakthrough That Delivers Twice The Strength Of Traditional Polyimide

10 days ago - GlobeNewsWire

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

24 days ago - GlobeNewsWire

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...

4 weeks ago - Business Wire

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...

4 weeks ago - Business Wire

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...

6 weeks ago - Business Wire

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...

7 weeks ago - Seeking Alpha

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...

7 weeks ago - Business Wire

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...

2 months ago - Business Wire

Software stocks are on fire — and the party can keep on going this year

Smaller software stocks have been on a tear this year, and the sector broadly stands to benefit from lower costs for AI.

2 months ago - Market Watch

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...

2 months ago - Seeking Alpha

Confluent Analysts Increase Their Forecasts After Upbeat Results

Confluent, Inc. CFLT reported better-than-expected fourth-quarter financial results on Tuesday.

2 months ago - Benzinga

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...

2 months ago - Forbes

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 ...

2 months ago - Seeking Alpha

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...

2 months ago - Business Wire

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 ...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

3 months ago - Seeking Alpha

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...

3 months ago - Business Wire

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...

4 months ago - Seeking Alpha

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...

4 months ago - Business Wire