Confluent, Inc. (CFLT)

Market Cap	10.80B
Revenue (ttm)	963.64M
Net Income (ttm)	-345.07M
Shares Out	334.02M
EPS (ttm)	-1.07
PE Ratio	n/a
Forward PE	93.23
Dividend	n/a
Ex-Dividend Date	n/a

Volume	658,018
Open	33.18
Previous Close	32.54
Day's Range	32.50 - 32.78
52-Week Range	17.79 - 37.90
Beta	0.92
Analysts	Buy
Price Target	35.07 (+8.48%)
Earnings Date	Feb 11, 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: 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 28 analysts, the average rating for CFLT stock is "Buy." The 12-month stock price forecast is $35.07, which is an increase of 8.48% from the latest price.

Price Target

$35.07

(8.48% upside)

Analyst Consensus: Buy