Confluent, Inc. (CFLT)
| Market Cap | 7.71B |
| Revenue (ttm) | 1.02B |
| Net Income (ttm) | -319.67M |
| Shares Out | 340.39M |
| EPS (ttm) | -0.98 |
| PE Ratio | n/a |
| Forward PE | 59.53 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 5,276,740 |
| Open | 22.84 |
| Previous Close | 22.75 |
| Day's Range | 22.35 - 22.93 |
| 52-Week Range | 17.79 - 37.90 |
| Beta | 1.02 |
| Analysts | Buy |
| Price Target | 31.00 (+36.93%) |
| 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]
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 30 analysts, the average rating for CFLT stock is "Buy." The 12-month stock price forecast is $31.0, which is an increase of 36.93% from the latest price.
News
Data Streaming Enables AI Product Innovation, say 90% of IT Leaders in New Confluent Report
LONDON--(BUSINESS WIRE)--Confluent, Inc. (Nasdaq: CFLT), the data streaming pioneer, today released findings from its fourth annual Data Streaming Report, which surveyed 4,175 IT leaders across 12 cou...
Confluent Unites Batch and Stream Processing for Faster, Smarter Agentic AI and Analytics
LONDON--(BUSINESS WIRE)--Confluent, Inc. (Nasdaq: CFLT), the data streaming pioneer, announced new Confluent Cloud capabilities that make it easier to process and secure data for faster insights and d...
Confluent: Growing Moat Could Offset Spending Uncertainty
Confluent: Growing Moat Could Offset Spending Uncertainty
Confluent: Consumption Concerns Aren't A Long-Term Drag, Buy The Dip
Confluent's stock has dropped ~30% since January due to weaker consumption trends, presenting a buying opportunity despite short-term risks. The company cut its FY25 outlook to 20% y/y growth in subsc...
Qualcomm, Confluent, Pilgrim's Pride And Other Big Stocks Moving Lower In Thursday's Pre-Market Session
U.S. stock futures were higher this morning, with the Dow futures gaining around 300 points on Thursday.
Confluent, Inc. (CFLT) Q1 2025 Earnings Call Transcript
Confluent, Inc. (CFLT) Q1 2025 Earnings Call Transcript
Confluent Announces First Quarter 2025 Financial Results
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ: CFLT), the data streaming pioneer, today announced financial results for its first quarter of 2025, ended March 31, 2025. “Confluent st...
Confluent: Cloud Momentum Drives Re-Rating
I initiate coverage on Confluent with a Buy rating and $36 PT, predicated on cloud momentum and a 21.5% CY25E revenue estimate. Confluent trades at a 19.1% discount to peer group despite strong fundam...
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, ...
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...
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...
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...
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
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 ...