Confluent, Inc. (CFLT)

Market Cap	8.41B
Revenue (ttm)	776.95M
Net Income (ttm)	-442.75M
Shares Out	312.62M
EPS (ttm)	-1.47
PE Ratio	n/a
Forward PE	146.28
Dividend	n/a
Ex-Dividend Date	n/a

Volume	3,185,595
Open	27.42
Previous Close	27.41
Day's Range	26.53 - 27.52
52-Week Range	14.69 - 41.22
Beta	0.91
Analysts	Buy
Price Target	30.73 (+14.28%)
Earnings Date	May 7, 2024

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: 2,744
• Stock Exchange: NASDAQ
• Ticker Symbol: CFLT

Financial Performance

In 2023, Confluent's revenue was $776.95 million, an increase of 32.60% compared to the previous year's $585.94 million. Losses were -$442.75 million, -2.17% less than in 2022.

Analyst Forecast

According to 26 analysts, the average rating for CFLT stock is "Buy." The 12-month stock price forecast is $30.73, which is an increase of 14.28% from the latest price.

Price Target

$30.73

(14.28% upside)

Analyst Consensus: Buy