CFLT Stock Overview
Confluent, Inc. operates a data streaming platform in the United States and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 1/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
Confluent, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$28.89 |
| 52 Week High | US$41.22 |
| 52 Week Low | US$14.69 |
| Beta | 0.91 |
| 1 Month Change | -6.81% |
| 3 Month Change | 28.63% |
| 1 Year Change | 25.50% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -35.83% |
Recent News & Updates
Confluent: A Promising Growth Story Given Increasing Usage On Platform And Robust Innovation
Apr 21Health Check: How Prudently Does Confluent (NASDAQ:CFLT) Use Debt?
Apr 17
Confluent: Share Price Rebound Is Overly Optimistic
Apr 08Recent updates
Confluent: A Promising Growth Story Given Increasing Usage On Platform And Robust Innovation
Apr 21Health Check: How Prudently Does Confluent (NASDAQ:CFLT) Use Debt?
Apr 17Confluent: Share Price Rebound Is Overly Optimistic
Apr 08Confluent: Clear Growth Outlook With Possible Acceleration In FY25
Feb 14Confluent, Inc. (NASDAQ:CFLT) Stocks Shoot Up 44% But Its P/S Still Looks Reasonable
Feb 09Calculating The Intrinsic Value Of Confluent, Inc. (NASDAQ:CFLT)
Jan 26Confluent: The Multiple Will Most Likely Compress
Jan 16Confluent, Inc. (NASDAQ:CFLT) Stocks Shoot Up 28% But Its P/S Still Looks Reasonable
Dec 22What Is Confluent, Inc.'s (NASDAQ:CFLT) Share Price Doing?
Nov 08Is There An Opportunity With Confluent, Inc.'s (NASDAQ:CFLT) 27% Undervaluation?
Oct 12When Should You Buy Confluent, Inc. (NASDAQ:CFLT)?
Aug 03Confluent, Inc. (NASDAQ:CFLT) Not Flying Under The Radar
Apr 17Confluent's Unprofitability Acts As A Confluence In Today's Bearish Environment
Oct 08Confluent Produces Impressive Growth But Operating Losses Remain High
Aug 03Confluent: Big Data Pioneer Attacking A $50 Billion Market
Jun 03US$60.80: That's What Analysts Think Confluent, Inc. (NASDAQ:CFLT) Is Worth After Its Latest Results
May 08Calculating The Fair Value Of Confluent, Inc. (NASDAQ:CFLT)
Apr 06Confluent: Shareholder Value Is Dependent On Wider Adoption
Mar 31Confluent Stock: Not Worth The Premium
Jan 31Shareholder Returns
| CFLT | US Software | US Market | |
|---|---|---|---|
| 7D | 5.4% | -0.2% | 1.0% |
| 1Y | 25.5% | 33.9% | 21.9% |
Return vs Industry: CFLT underperformed the US Software industry which returned 39.8% over the past year.
Return vs Market: CFLT matched the US Market which returned 24.9% over the past year.
Price Volatility
| CFLT volatility | |
|---|---|
| CFLT Average Weekly Movement | 11.1% |
| Software Industry Average Movement | 8.0% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: CFLT's share price has been volatile over the past 3 months.
Volatility Over Time: CFLT's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2014 | 2,744 | Jay Kreps | www.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
| CFLT fundamental statistics | |
|---|---|
| Market cap | US$9.17b |
| Earnings (TTM) | -US$442.75m |
| Revenue (TTM) | US$776.95m |
11.8x
P/S Ratio-20.7x
P/E RatioIs CFLT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CFLT income statement (TTM) | |
|---|---|
| Revenue | US$776.95m |
| Cost of Revenue | US$228.41m |
| Gross Profit | US$548.54m |
| Other Expenses | US$991.29m |
| Earnings | -US$442.75m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
May 07, 2024
| Earnings per share (EPS) | -1.40 |
| Gross Margin | 70.60% |
| Net Profit Margin | -56.99% |
| Debt/Equity Ratio | 134.3% |
How did CFLT perform over the long term?
See historical performance and comparison