Confluent, Inc. (CFLT)
|Net Income (ttm)||-461.11M|
|Day's Range||21.51 - 22.34|
|52-Week Range||16.48 - 81.11|
|Price Target||35.38 (+63.2%)|
|Earnings Date||Nov 2, 2022|
Confluent, Inc. operates a data streaming platform in the United States and internationally. It offers Confluent Cloud, a managed cloud-native service for connecting and processing data; and Confluent Platform, an enterprise-grade self-managed software that connects and processes data in real-time with the foundational platform for data in motion. It also provides Kafka Connect that enables to build connectors to integrate Apache Kafka with other apps and data systems; ksqlDB, a database for stream processing applications; and stream governance... [Read more]
In 2021, Confluent's revenue was $387.86 million, an increase of 63.95% compared to the previous year's $236.58 million. Losses were -$342.80 million, 49.2% more than in 2020.Financial Statements
According to 24 analysts, the average rating for CFLT stock is "Buy." The 12-month stock price forecast is 35.38, which is an increase of 63.19% from the latest price.
There's a disconnect between the strong performance of these two businesses and their languishing stock prices.
Confluent has upgraded its forecasts for this year three times, which could be a sign of things to come in 2023.
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:
Confluent just crushed its own expectations for the third quarter.
Investors had a lot to be happy about after Confluent reported third-quarter results.
Confluent CEO Jay Kreps breaks down most recent earnings and outlook
Jay Kreps, Confluent co-founder and CEO, joins 'TechCheck' to discuss what went right in its recent quarter, the impact of the economic slowdown on net revenue retention and what's driving free cash flo...
Here's why Confluent is skyrocketing today.
Confluent (CFLT) delivered earnings and revenue surprises of 23.53% and 5.09%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
MOUNTAIN VIEW, Calif.
MOUNTAIN VIEW, Calif.
Investors looking for a quality opportunity in this difficult market should consider Confluent stock.
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ: CFLT), the data streaming pioneer, today announced it will release financial results for its third quarter of 2022, which ended September...
Confluent (CFLT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Confluent, the company that built a streaming service on top of the open source Apache Kafka project, has always been about helping companies capture streams of data. First it was on prem, then later in...
Confluent Launches Stream Governance Advanced to Safely Extend the Power of Data Streaming to Every Part of the Business
AUSTIN, Texas--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ: CFLT), the data streaming pioneer, today announced a new tier of capabilities for Stream Governance, the industry's only fully managed governance...
AUSTIN, Texas--(BUSINESS WIRE)--Confluent Reimagines Data Pipelines for the Streaming Era with Stream Designer
This fast-growing tech stock might be one to take a small position in.
These two investors can't get enough of The Trade Desk and Confluent.
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Analysts tracking these two stocks all agree they should be additions to your portfolio.
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ: CFLT), the data streaming platform to set data in motion, today announced that it will host an investor session on Tuesday, October 4, 20...