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Confluent (CFLT)
NASDAQ:CFLT
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CFLT Stock Chart & Stats
Day’s Range― - ―
52-Week Range$17.79 - $35.07
Previous CloseN/A
Volume1.06M
Average Volume (3M)3.32M
Market Cap
$8.77B
Enterprise Value$5.86B
Total Cash (Recent Filing)$99.77M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)―
Beta1.43
Next Earnings
Feb 11, 2025EPS Estimate
0.06Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.11
Shares Outstanding258,085,660
10 Day Avg. Volume3,062,759
30 Day Avg. Volume3,321,874
Standard Deviation0.19
R-Squared0.06
Alpha-0.00413
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)9.96
Price to Cash Flow (P/CF)146.10
P/FCF Ratio244.20
Enterprise Value/Market Cap0.67
Enterprise Value/Revenue6.40
Enterprise Value/Gross Profit10.71
Enterprise Value/Ebitda-18.34
Forecast
1Y Price Target
$32.68Price Target Upside22.21% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering26
Confluent News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceConfluent Cloud revenue growth surprisingly re-accelerated to 42% year-over-year, significantly exceeding projections.
Growth OpportunitiesThe data streaming platform opportunity can drive attractive rates of growth for CFLT longer term.
Market PotentialGenAI expected to be a clear tailwind for CFLT's business with real-time streaming as a key component.
Bears Say
Leadership And Strategic ChallengesConcerns remain about ongoing go-to-market turnovers and Warpstream integration, which may affect Confluent’s potential to lead in the streaming space.
Product AdoptionAdoption of Confluent services, particularly Flink, is still in the early stages, making it challenging to find a significant segment of the customer base using it in production.
Revenue ForecastCurrent consensus revenue estimates for 2025 imply growth in net-new dollars added, which contrasts with previous years where management guided to a decline.
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Ownership Overview
1.91% Insiders
28.31% Mutual Funds
0.08% Other Institutional Investors
54.55% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CFLT FAQ
What was Confluent’s price range in the past 12 months?
Confluent lowest stock price was $17.79 and its highest was $35.07 in the past 12 months.
What is Confluent’s market cap?
Confluent’s market cap is $8.77B.
When is Confluent’s upcoming earnings report date?
Confluent’s upcoming earnings report date is Feb 11, 2025 which is in 24 days.
How were Confluent’s earnings last quarter?
Confluent released its earnings results on Oct 30, 2024. The company reported $0.1 earnings per share for the quarter, beating the consensus estimate of $0.051 by $0.049.
Is Confluent overvalued?
According to Wall Street analysts Confluent’s price is currently Undervalued.
Does Confluent pay dividends?
Confluent does not currently pay dividends.
What is Confluent’s EPS estimate?
Confluent’s EPS estimate is 0.06.
How many shares outstanding does Confluent have?
Confluent has 258,085,660 shares outstanding.
What happened to Confluent’s price movement after its last earnings report?
Confluent reported an EPS of $0.1 in its last earnings report, beating expectations of $0.051. Following the earnings report the stock price went up 13.437%.
Which hedge fund is a major shareholder of Confluent?
Currently, no hedge funds are holding shares in CFLT
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Confluent Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$32.68 (22.21% Upside)
$32.68 (22.21% Upside)
Blogger Sentiment
Bullish
CFLT Sentiment 86%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 1.1M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $153.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 2.8%
Last 30 Days ▼ 2.8%
Technicals
SMA
Positive
20 days / 200 days
Momentum
18.37%
12-Months-Change
Fundamentals
Return on Equity
-40.75%
Trailing 12-Months
Asset Growth
10.43%
Trailing 12-Months
Company Description
Confluent
Confluent Inc is a new category of data infrastructure designed to connect all the applications, systems, and data layers of a company around a real-time central nervous system. The company generates revenue from the sale of subscriptions and services.
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CFLT Company Deck
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CFLT Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call reflects a strong performance with record revenue growth, successful cloud expansion, and improved operating margins. However, there is caution in the Q4 outlook and a slight decline in net revenue retention, but overall performance and strategic initiatives indicate positive momentum.Read More>---
CFLT Revenue Breakdown
59.83% U.S.
40.17% International
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CFLT Stock 12 Month Forecast
Average Price Target
$32.68
▲(22.21% Upside)
Technical Analysis
Best Analysts Covering CFLT
1 Year
1 Year Success Rate
7/11 ratings generated profit
1 Year Average Return
+12.26%
reiterated a buy rating 15 days ago
Copying Matthew Hedberg's trades and holding each position for 1 Year would result in 63.64% of your transactions generating a profit, with an average return of +12.26% per trade.
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