Confluent, Inc. (CFLT)

Market Cap	6.95B
Revenue (ttm)	1.02B
Net Income (ttm)	-319.67M
Shares Out	340.39M
EPS (ttm)	-0.98
PE Ratio	n/a
Forward PE	53.47
Dividend	n/a
Ex-Dividend Date	n/a

Volume	8,709,471
Open	19.81
Previous Close	19.73
Day's Range	19.70 - 20.55
52-Week Range	17.79 - 37.90
Beta	1.02
Analysts	Buy
Price Target	31.13 (+52.37%)
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...

• Industry: Software - Infrastructure
• Sector: Technology
• IPO Date: Jun 24, 2021
• Employees: 3,060
• Stock Exchange: NASDAQ
• Ticker Symbol: CFLT
• Website: https://www.confluent.io

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.

Analyst Forecast

According to 32 analysts, the average rating for CFLT stock is "Buy." The 12-month stock price forecast is $31.13, which is an increase of 52.37% from the latest price.

Price Target

$31.13

(52.37% upside)

Analyst Consensus: Buy