Confluent, Inc. (CFLT)

NASDAQ: CFLT · Real-Time Price · USD
24.42
-1.15 (-4.50%)
Mar 28, 2025, 10:59 AM EDT - Market open
-4.50%
Market Cap 8.16B
Revenue (ttm) 963.64M
Net Income (ttm) -345.07M
Shares Out 334.02M
EPS (ttm) -1.07
PE Ratio n/a
Forward PE 72.44
Dividend n/a
Ex-Dividend Date n/a
Volume 1,120,649
Open 25.13
Previous Close 25.57
Day's Range 24.30 - 25.17
52-Week Range 17.79 - 37.90
Beta 0.90
Analysts Buy
Price Target 35.34 (+44.72%)
Earnings Date May 6, 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 29 analysts, the average rating for CFLT stock is "Buy." The 12-month stock price forecast is $35.34, which is an increase of 44.72% from the latest price.

Price Target
$35.34
(44.72% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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

4 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...

9 days 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...

9 days 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...

22 days 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...

4 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...

4 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...

5 weeks 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.

5 weeks 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...

6 weeks ago - Seeking Alpha

Confluent Analysts Increase Their Forecasts After Upbeat Results

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

6 weeks 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...

6 weeks 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 ...

6 weeks 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...

6 weeks 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 ...

6 weeks 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...

6 weeks 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...

7 weeks 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...

2 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...

2 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...

3 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...

3 months ago - Business Wire

Confluent: After A Strong Quarter And A Share Price Spike Is There More To Come?

Confluent shares have surged 30% in the past month, driven by accelerating revenue growth and significant profitability improvements, making it an attractive buy despite past volatility. The company r...

4 months ago - Seeking Alpha

Oscilar Launches Revolutionary Device and Behavioral Intelligence Solution to Combat AI-Powered Fraud

New offering intended to protect against projected $40 billion in AI-powered fraud by 2027. PALO ALTO, Calif.

4 months ago - PRNewsWire

Confluent to Present at Upcoming Investor Conferences

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 conferences: RBC...

4 months ago - Business Wire

Confluent: Strong Q3 Sets The Stage For A Festive Quarter

Confluent's Q3 earnings highlight its efficient growth with 25% revenue growth, record non-GAAP operating margin, and record free cash flow. Confluent is witnessing consumption stabilization among its...

4 months ago - Seeking Alpha

Confluent, Inc. (CFLT) Q3 2024 Earnings Call Transcript

Confluent, Inc. (NASDAQ:CFLT) Q3 2024 Earnings Conference Call October 30, 2024 4:30 PM ET Company Participants Shane Xie - Investor Relations Jay Kreps - Co-Founder & Chief Executive Officer Rohan S...

5 months ago - Seeking Alpha