Confluent, Inc. (CFLT)

Market Cap	8.95B
Revenue (ttm)	683.99M
Net Income (ttm)	-477.91M
Shares Out	302.42M
EPS (ttm)	-1.65
PE Ratio	n/a
Forward PE	267.40
Dividend	n/a
Ex-Dividend Date	n/a

Volume	3,974,545
Open	29.56
Previous Close	28.90
Day's Range	29.33 - 30.51
52-Week Range	16.60 - 41.22
Beta	0.98
Analysts	Buy
Price Target	35.90 (+21.24%)
Earnings Date	Nov 1, 2023

About CFLT

Confluent, Inc. operates a data streaming platform in the United States and internationally. The company offers Confluent Cloud, a managed cloud-native service for connecting and processing real-time data; and Confluent Platform, an enterprise-grade self-managed software that connects and processes data. It also provides Kafka Connect, an open-source component that works as a centralized data hub for simple data integration between databases, key-value stores, search indexes, and file systems; ksqlDB, a database for stream processing applicatio...

• Industry: Software - Infrastructure
• Sector: Technology
• IPO Date: Jun 24, 2021
• Employees: 2,761
• Stock Exchange: NASDAQ
• Ticker Symbol: CFLT

Financial Performance

In 2022, Confluent's revenue was $585.94 million, an increase of 51.07% compared to the previous year's $387.86 million. Losses were -$452.55 million, 32.0% more than in 2021.

Analyst Forecast

According to 22 analysts, the average rating for CFLT stock is "Buy." The 12-month stock price forecast is $35.9, which is an increase of 21.24% from the latest price.

Price Target

$35.9

(21.24% upside)

Analyst Consensus: Buy