Confluent IncCFLT

CFLT current price
$30.06+24.83%

Capital at risk.

1W
+2.52%
1M
-5.17%
3M
+52.67%
6M
+1.55%
1Y
+24.83%
MAX
-33.23%
About Confluent Inc
Ticker
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CFLT
Trading on
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NASDAQ
ISIN
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US20717M1036
Industry
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Software - Infrastructure
Sector
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Technology
CEO
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Edward Kreps
Headquarters
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899 West Evelyn Avenue, Mountain View, CA, United States, 94041
Employees
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2,744
Website
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confluent.io
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 database that allows users to build data-in-motion applications using a few SQL statements; stream governance, a managed data governance suite that is designed for the intricacies of streaming data, which allows teams to accelerate data streaming initiatives without bypassing controls for risk management and regulatory compliance; and stream designer which builds streaming data pipelines visually. In addition, the company offers professional services comprising packaged and residency offerings; education offerings consisting of instructor-led and self-paced training and certification guidance, technical resources, and access to hands-on training and certification exams; and certification programs. It serves banking and financial services industries, as well as retail and e-commerce, manufacturing, automotive, communication service providers, gaming, public sector, insurance, and technology industries. The company was formerly known as Infinitem, Inc. and changed its name to Confluent, Inc. in September 2014. Confluent, Inc. was incorporated in 2014 and is headquartered in Mountain View, California.
Metrics
BasicAdvanced
Market cap
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$9.84B
P/E ratio
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-
EPS
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-$1.10
Dividend Yield
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0.00%
Beta
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0.82
Forward P/E ratio
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83.33
EBIDTA
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$-355M
Ex dividend date
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-
Price & volume
Market cap
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$9.84B
Average daily volume
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3.6M
90-day return
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52.67%
30-day return
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-5.17%
7-day return
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2.52%
Dividends
Dividend per share
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$0.00
Dividend yield
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0.00%
Forward dividend per share
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$0.00
Forward dividend yield
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0.00%
Payout ratio
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0.00%
Valuation
P/E ratio
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0
Forward P/E
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83.33
PEG ratio
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0.67
Trailing P/E
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0
Price to sales
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10.75
Price to book
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10.54
Earnings
EPS
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-$1.10
EPS estimate (current quarter)
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$0.05
EPS estimate (next quarter)
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$0.05
EBITDA
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$-355M
Revenues (TTM)
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$916M
Revenues per share (TTM)
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$2.89
Technicals
Beta
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0.82
52-week High
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$35.07
52-week Low
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$17.79
50-day moving average
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$27.75
200-day moving average
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$26.25
Short ratio
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2.77
Short %
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5.54%
Management effectiveness
ROE (TTM)
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40.75%
ROA (TTM)
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9.42%
Profit margin
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38.35%
Gross profit margin
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$385M
Operating margin
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37.44%
Growth
Quarterly earnings growth (YoY)
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0.00%
Quarterly revenue growth (YoY)
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25.00%
Share stats
Outstanding Shares
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258M
Float
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249M
Insiders %
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3.50%
Institutions %
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88.27%
Analyst Insights & forecasts
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75% Buy

23% Hold

2% Sell

Based on information from 34 analysts.

Average price target

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$32.53
Earnings per share (EPS) forecast
windowbar_chart_4_bars
Actual
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Expected
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Surprise
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$0.09
$0.05
80.00%
Q4 • 23Beat
$0.05
$0.02
150.00%
Q1 • 24Beat
$0.06
$0.05
20.00%
Q2 • 24Beat
$0.10
$0.05
100.00%
Q3 • 24Beat
-
$0.06
-
Q4 • 24Current
QuarterlyAnnual
Financial Performance
windowbar_chart_4_bars
Income StatementBalance SheetCash Flow
windowbar_chart_4_bars
Revenue
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Net income
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Profit margin
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$235M
$-89.9M
38.26%
Q2 • 24
$250M
$-74.1M
29.63%
Q3 • 24
6.47%
17.53%
22.54%
QoQ growth
QuarterlyAnnual
Totals assets
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Total liabilities
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Debt to assets
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$2.53B
$1.65B
65.44%
Q2 • 24
$2.61B
$1.67B
64.18%
Q3 • 24
3.15%
1.15%
1.93%
QoQ growth
QuarterlyAnnual
Operating
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Investing
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Financing
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Free cash flow
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$8.6M
$-46.5M
$13.1M
$2.7M
Q2 • 24
$15.6M
$-21.9M
$17.2M
$9.3M
Q3 • 24
81.76%
52.87%
31.35%
244.67%
QoQ growth
QuarterlyAnnual
Sentiment analysis

-1.5

Extreme greed

+1.5

1.20

Last 30 days

Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Past performance is no guarantee of future results. Your return may be affected by currency fluctuations and applicable fees and charges. The value of your investment may go up as well as down. When investing, your capital at risk.

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FAQs

How much is a Confluent Inc share?
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Confluent Inc shares are currently traded for $30.06 per share.

How many shares does Confluent Inc have?
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Confluent Inc currently has 258M shares.

Does Confluent Inc pay dividends?
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No, Confluent Inc doesn't pay dividends.

What is Confluent Inc 52 week high?
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Confluent Inc 52 week high is $35.07.

What is Confluent Inc 52 week low?
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Confluent Inc 52 week low is $17.79.

What is the 200-day moving average of Confluent Inc?
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Confluent Inc 200-day moving average is $26.25.

Who is Confluent Inc CEO?
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The CEO of Confluent Inc is Edward Kreps.

How many employees Confluent Inc has?
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Confluent Inc has 2,744 employees.

What is the market cap of Confluent Inc?
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The market cap of Confluent Inc is $9.84B.

What is the P/E of Confluent Inc?
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The current P/E of Confluent Inc is null.

What is the EPS of Confluent Inc?
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The EPS of Confluent Inc is -$1.10.

What is the PEG Ratio of Confluent Inc?
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The PEG Ration of Confluent Inc is 0.67.

What do analysts say about Confluent Inc?
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According to the analysts Confluent Inc is considered a buy.