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Confluent NasdaqGS:CFLT Stock Report

Last Price

US$24.37

Market Cap

US$7.8b

7D

-6.8%

1Y

-34.1%

Updated

19 Jul, 2024

Data

Company Financials +

Confluent, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Confluent
Historical stock prices
Current Share PriceUS$24.37
52 Week HighUS$38.19
52 Week LowUS$14.69
Beta0.91
11 Month Change-12.50%
3 Month Change-9.37%
1 Year Change-34.12%
33 Year Change-39.14%
5 Year Changen/a
Change since IPO-45.87%

Recent News & Updates

Calculating The Fair Value Of Confluent, Inc. (NASDAQ:CFLT)

Jul 15
Calculating The Fair Value Of Confluent, Inc. (NASDAQ:CFLT)

Investors Interested In Confluent, Inc.'s (NASDAQ:CFLT) Revenues

Jun 21
Investors Interested In Confluent, Inc.'s (NASDAQ:CFLT) Revenues

Confluent's 2025 Outlook: Self-Sufficiency On The Cards

Jun 03

Recent updates

Calculating The Fair Value Of Confluent, Inc. (NASDAQ:CFLT)

Jul 15
Calculating The Fair Value Of Confluent, Inc. (NASDAQ:CFLT)

Investors Interested In Confluent, Inc.'s (NASDAQ:CFLT) Revenues

Jun 21
Investors Interested In Confluent, Inc.'s (NASDAQ:CFLT) Revenues

Confluent's 2025 Outlook: Self-Sufficiency On The Cards

Jun 03

Confluent: Q1 Review, Cloud Revenue Sees Acceleration, Maintaining 'Buy' Rating

May 25

Confluent: A Promising Growth Story Given Increasing Usage On Platform And Robust Innovation

Apr 21

Health Check: How Prudently Does Confluent (NASDAQ:CFLT) Use Debt?

Apr 17
Health Check: How Prudently Does Confluent (NASDAQ:CFLT) Use Debt?

Confluent: Share Price Rebound Is Overly Optimistic

Apr 08

Confluent: Clear Growth Outlook With Possible Acceleration In FY25

Feb 14

Confluent, Inc. (NASDAQ:CFLT) Stocks Shoot Up 44% But Its P/S Still Looks Reasonable

Feb 09
Confluent, Inc. (NASDAQ:CFLT) Stocks Shoot Up 44% But Its P/S Still Looks Reasonable

Calculating The Intrinsic Value Of Confluent, Inc. (NASDAQ:CFLT)

Jan 26
Calculating The Intrinsic Value Of Confluent, Inc. (NASDAQ:CFLT)

Confluent: The Multiple Will Most Likely Compress

Jan 16

Confluent, Inc. (NASDAQ:CFLT) Stocks Shoot Up 28% But Its P/S Still Looks Reasonable

Dec 22
Confluent, Inc. (NASDAQ:CFLT) Stocks Shoot Up 28% But Its P/S Still Looks Reasonable

What Is Confluent, Inc.'s (NASDAQ:CFLT) Share Price Doing?

Nov 08
What Is Confluent, Inc.'s (NASDAQ:CFLT) Share Price Doing?

Is There An Opportunity With Confluent, Inc.'s (NASDAQ:CFLT) 27% Undervaluation?

Oct 12
Is There An Opportunity With Confluent, Inc.'s (NASDAQ:CFLT) 27% Undervaluation?

When Should You Buy Confluent, Inc. (NASDAQ:CFLT)?

Aug 03
When Should You Buy Confluent, Inc. (NASDAQ:CFLT)?

Confluent, Inc. (NASDAQ:CFLT) Not Flying Under The Radar

Apr 17
Confluent, Inc. (NASDAQ:CFLT) Not Flying Under The Radar

Confluent's Unprofitability Acts As A Confluence In Today's Bearish Environment

Oct 08

Confluent Produces Impressive Growth But Operating Losses Remain High

Aug 03

Confluent: Big Data Pioneer Attacking A $50 Billion Market

Jun 03

US$60.80: That's What Analysts Think Confluent, Inc. (NASDAQ:CFLT) Is Worth After Its Latest Results

May 08
US$60.80: That's What Analysts Think Confluent, Inc. (NASDAQ:CFLT) Is Worth After Its Latest Results

Shareholder Returns

CFLTUS SoftwareUS Market
7D-6.8%-3.2%-1.9%
1Y-34.1%22.3%19.4%

Return vs Industry: CFLT underperformed the US Software industry which returned 22.3% over the past year.

Return vs Market: CFLT underperformed the US Market which returned 20.2% over the past year.

Price Volatility

Is CFLT's price volatile compared to industry and market?
CFLT volatility
CFLT Average Weekly Movement7.7%
Software Industry Average Movement7.2%
Market Average Movement5.9%
10% most volatile stocks in US Market14.9%
10% least volatile stocks in US Market2.9%

Stable Share Price: CFLT's share price has been volatile over the past 3 months.

Volatility Over Time: CFLT's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20142,744Jay Krepswww.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.

Confluent, Inc. Fundamentals Summary

How do Confluent's earnings and revenue compare to its market cap?
CFLT fundamental statistics
Market capUS$7.79b
Earnings (TTM)-US$383.16m
Revenue (TTM)US$819.89m

9.4x

P/S Ratio

-20.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CFLT income statement (TTM)
RevenueUS$819.89m
Cost of RevenueUS$231.49m
Gross ProfitUS$588.40m
Other ExpensesUS$971.56m
Earnings-US$383.16m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Jul 31, 2024

Earnings per share (EPS)-1.21
Gross Margin71.77%
Net Profit Margin-46.73%
Debt/Equity Ratio128.9%

How did CFLT perform over the long term?

See historical performance and comparison
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