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Confluent, Inc. (CFLT)

NASDAQ: CFLT · Delayed Price · USD
66.20
-3.56 (-5.10%)
Pre-market:Sep 20, 2021 7:49 AM EDT
69.76
2.02 (2.98%)
At close: Sep 17, 4:00 PM
Market Cap18.17B
Revenue (ttm)297.19M
Net Income (ttm)n/a
Shares Out118.65M
EPS (ttm)-1.17
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume1,115,941
Open68.01
Previous Close67.74
Day's Range66.58 - 71.00
52-Week Range37.71 - 71.00
Betan/a
Analystsn/a
Price Target50.83 (-27.1%)
Est. Earnings DateNov 4, 2021

About CFLT

Confluent is on a mission to set data in motion. We have pioneered a new category of data infrastructure designed to connect all the applications, systems, and data layers of a company around a real-time central nervous system. This new data infrastructure software has emerged as one of the most strategic parts of the next-generation technology stack, and using this stack to harness data in motion is critical to the success of modern companies as they strive to compete and win in the digital-first world. In retail, this is the difference betwee...

IndustrySoftware-Infrastructure
IPO DateJun 24, 2021
CEOJay Kreps
Employees1,473
Stock ExchangeNASDAQ
Ticker SymbolCFLT
Full Company Profile

Financial Performance

In 2020, Confluent's revenue was $236.58 million, an increase of 57.92% compared to the previous year's $149.81 million. Losses were -$229.83 million, 141.8% more than in 2019.

Financial Statements

News

Confluent Announces Stream Governance, the Industry's First Governance Suite for Data in Motion

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, the platform to set data in motion, unveiled the industry's first governance suite for streaming data.

5 days ago - Business Wire

Here's Why Confluent Stock Skyrocketed 42.7% Last Month

Confluent stock is now up roughly 31% from market close on the day of its IPO.

2 weeks ago - The Motley Fool

Confluent to Present at Upcoming Investor Conferences

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ: CFLT), the platform for data in motion, today announced that its management will virtually present at the following upcoming investor con...

2 weeks ago - Business Wire

Top 10 IPOs In Q2 2021: AppLovin And UiPath Lead Way, While Offering Numbers Drop

The number of IPOs launched in the second half of 2021 fell due to a lower number of SPAC IPOs. Traditional IPOs rebounded and saw eight listings that raised $1 billion or more.

Other symbols:APPPATHAGLBHGMQSTSP
2 weeks ago - Benzinga

Confluent Launches Q3 ʼ21 Release, Making It Easier Than Ever for Any Organization to Set Data in Motion

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc., the platform to set data in motion, today announced the Confluent Q3 ʼ21 Release. This is Confluent's first quarterly release, and it features de...

1 month ago - Business Wire

Confluent to Present at Upcoming Investor Conference

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ: CFLT), the platform for data in motion, today announced that its management will virtually present at the following upcoming investor con...

1 month ago - Business Wire

Why Shares of Confluent Fell 17.5% In July

After a hot IPO in June, the data-platform stock is taking a breather.

1 month ago - The Motley Fool

Confluent Announces Second Quarter 2021 Financial Results

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ: CFLT), the platform for data in motion, today announced financial results for its second quarter 2021, ended June 30, 2021. “Data within ...

1 month ago - Business Wire

Confluent Is Named Google Cloud Technology Partner of the Year for the Third Year in a Row

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ: CFLT), the platform to set data in motion, was awarded the 2020 Google Cloud Technology Partner of the Year Award for Smart Analytics. As...

1 month ago - Business Wire

Should You Buy Confluent Stock Now?

Big data is enabling digital transformation in organizations. Is Confluent the right stock to help your portfolio take advantage of this secular growth trend?

2 months ago - The Motley Fool

4 High Financial Strength Stocks Steve Mandel and Philippe Laffont Both Own

According to the All-in-One Guru Screener, a Premium feature of GuruFocus, four stocks with high financial strength and are commonly owned by Steve Mandel (Trades, Portfolio)'s Lone Pine Capital and Phi...

Other symbols:DASHFBSHOPSNOW
2 months ago - GuruFocus

Steve Mandel's Lone Pine Builds Position in Confluent

Lone Pine Capital, the firm founded by Steve Mandel (Trades, Portfolio), disclosed in late June that it established a stake in Confluent Inc. ( CFLT , Financial) according to GuruFocus Real-Time Picks, ...

2 months ago - GuruFocus

Confluent to Announce Second Quarter 2021 Financial Results on August 05, 2021

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ: CFLT), the platform for data in motion, today announced it will release financial results for its second quarter of 2021, which ended Jun...

2 months ago - Business Wire

Confluent Announces Closing of Initial Public Offering

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ: CFLT), the platform for data in motion, today announced the closing of its initial public offering of 23,000,000 shares of Class A common...

2 months ago - Business Wire

Venture capital firms are big winners in latest IPOs

CNBC's Ari Levy explains how four Silicon Valley firms were the winners as Confluent and Doximity went public Thursday.

Other symbols:DOCS
2 months ago - CNBC Television

Why Confluent Decided to Hit the Public Market Via SPAC

Jun.24 -- Confluent CEO Jay Kreps discusses the data infrastructure software maker's U.S. initial public offering and the fight against cyber threats with Bloomberg's Emily Chang on "Bloomberg Technology."

2 months ago - Bloomberg Technology

Four Silicon Valley VC firms notched billion-dollar IPO wins on Thursday

Benchmark and Index Ventures are the biggest winners from Confluent's IPO, while Emergence Capital and InterWest Partners are the top investors in Doximity.

Other symbols:DOCS
2 months ago - CNBC

Confluent climbs 26% in Nasdaq debut after cloud software developer raises over $800 million in IPO

Seven years after spinning out of LinkedIn, Confluent held its stock market debut on Thursday.

2 months ago - CNBC

Confluent co-founder and CEO Jay Kreps on IPO, Nasdaq trading debut

CNBC's "TechCheck" team discusses Confluent's IPO with Confluent CEO and co-founder Jay Kreps.

2 months ago - CNBC Television

Confluent Announces Pricing of Initial Public Offering

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc., the platform for data in motion, today announced the pricing of its initial public offering of 23,000,000 shares of Class A common stock at a pri...

2 months ago - Business Wire

LinkedIn-Backed Confluent Files To Go Public: What You Need To Know

Live event streaming platform Confluent Inc on Tuesday filed for an initial public offering with the SEC. The startup, backed by Microsoft Corp-owned ...

3 months ago - Benzinga

Software maker Confluent files for IPO

Confluent, which sells software that developers can use to move data for use inside applications, has filed its IPO prospectus on Tuesday.

3 months ago - infotechlead

TECH LinkedIn spinout Confluent files for IPO, with annualized revenue of over $300 million

Confluent was started inside LinkedIn as an open-source project and is now going public with a market cap that will be in the billions of dollars.

3 months ago - CNBC

Event streaming platform Confluent makes U.S. stock-listing plan public

Confluent Inc, a real-time event streaming platform, on Tuesday made public its plans for a stock market flotation, in what has been a busy year for new issues in the United States.

3 months ago - Reuters

Confluent IPO Registration Document (S-1)

Confluent, Inc. has filed to go public with an IPO on the NASDAQ.

3 months ago - SEC