Confluent, Inc. (CFLT)

Market Cap	9.83B
Revenue (ttm)	915.61M
Net Income (ttm)	-351.11M
Shares Out	327.99M
EPS (ttm)	-1.11
PE Ratio	n/a
Forward PE	101.77
Dividend	n/a
Ex-Dividend Date	n/a

Volume	5,972,411
Open	27.81
Previous Close	28.49
Day's Range	27.62 - 30.12
52-Week Range	17.79 - 35.07
Beta	0.89
Analysts	Buy
Price Target	32.27 (+7.64%)
Earnings Date	Feb 5, 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, 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
• Website: https://www.confluent.io

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 $32.27, which is an increase of 7.64% from the latest price.

Price Target

$32.27

(7.64% upside)

Analyst Consensus: Buy