CONFLUENT INC-CLASS A (CFLT) Stock Price, Forecast & Analysis
USA - NASDAQ:CFLT - US20717M1036 - Common Stock
CFLT Key Statistics, Chart & Performance
The current stock price of CFLT is 23.605 USD. In the past month the price increased by 15.12%. In the past year, price decreased by -10.87%.
CFLT Latest News, Press Relases and Analysis
CFLT Competitors/Peers
Symbol | Company Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| PLTR | PALANTIR TECHNOLOGIES INC-A | 388.75 | 488.59B | ||
| SAP | SAP SE-SPONSORED ADR | 38.57 | 307.47B | ||
| CRM | SALESFORCE INC | 24.34 | 247.50B | ||
| APP | APPLOVIN CORP-CLASS A | 82.98 | 213.03B | ||
| INTU | INTUIT INC | 33.2 | 187.15B | ||
| ADBE | ADOBE INC | 16.66 | 141.25B | ||
| CDNS | CADENCE DESIGN SYS INC | 47.85 | 91.65B | ||
| SNPS | SYNOPSYS INC | 32.94 | 82.55B | ||
| MSTR | STRATEGY INC | 6.06 | 76.97B | ||
| ADSK | AUTODESK INC | 32.39 | 64.65B | ||
| WDAY | WORKDAY INC-CLASS A | 28.76 | 63.36B | ||
| DDOG | DATADOG INC - CLASS A | 87.78 | 57.24B |
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About CFLT
Company Profile
Confluent, Inc. engages in creating a data infrastructure platform focused on data in motion. The company is headquartered in Mountain View, California and currently employs 3,060 full-time employees. The company went IPO on 2021-06-24. The firm also offers professional services and educational services. The firm is focused on developing a category of data infrastructure focused on data in motion for developers and enterprises. Its cloud-native offering works across multi-cloud and hybrid infrastructures and supports a variety of deployment models to support diverse customer requirements, delivering massive scalability, elasticity, security, and global interconnectedness, enabling agile development. WarpStream offers a lower-cost option for relaxed latency use cases for customers.
Company Info
CONFLUENT INC-CLASS A
899 W. Evelyn Avenue, Suite 111
Mountain View CALIFORNIA US
CEO: Jay Kreps
Employees: 3060
Phone: 18004393207
CONFLUENT INC-CLASS A / CFLT FAQ
What does CONFLUENT INC-CLASS A do?
Confluent, Inc. engages in creating a data infrastructure platform focused on data in motion. The company is headquartered in Mountain View, California and currently employs 3,060 full-time employees. The company went IPO on 2021-06-24. The firm also offers professional services and educational services. The firm is focused on developing a category of data infrastructure focused on data in motion for developers and enterprises. Its cloud-native offering works across multi-cloud and hybrid infrastructures and supports a variety of deployment models to support diverse customer requirements, delivering massive scalability, elasticity, security, and global interconnectedness, enabling agile development. WarpStream offers a lower-cost option for relaxed latency use cases for customers.
Can you provide the latest stock price for CONFLUENT INC-CLASS A?
The current stock price of CFLT is 23.605 USD. The price increased by 1.01% in the last trading session.
Does CONFLUENT INC-CLASS A pay dividends?
CFLT does not pay a dividend.
How is the ChartMill rating for CONFLUENT INC-CLASS A?
CFLT has a ChartMill Technical rating of 6 out of 10 and a ChartMill Fundamental rating of 4 out of 10.
What is the expected growth for CFLT stock?
The Revenue of CONFLUENT INC-CLASS A (CFLT) is expected to grow by 20.79% in the next year. Check the estimates tab for more information on the EPS, Sales, EBIT and EBITDA future analyst estimates.
Can you provide the market cap for CONFLUENT INC-CLASS A?
CONFLUENT INC-CLASS A (CFLT) has a market capitalization of 8.14B USD. This makes CFLT a Mid Cap stock.
Can you provide the short interest for CFLT stock?
The outstanding short interest for CONFLUENT INC-CLASS A (CFLT) is 7.02% of its float.
CFLT Technical Analysis
ChartMill assigns a technical rating of 6 / 10 to CFLT. When comparing the yearly performance of all stocks, CFLT turns out to be only a medium performer in the overall market: it outperformed 68.68% of all stocks.
CFLT Fundamental Analysis
ChartMill assigns a fundamental rating of 4 / 10 to CFLT. The financial health of CFLT is average, but there are quite some concerns on its profitability.
CFLT Financial Highlights
Over the last trailing twelve months CFLT reported a non-GAAP Earnings per Share(EPS) of 0.39. The EPS increased by 30% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | N/A | ||
| ROA | -10.57% | ||
| ROE | -27.18% | ||
| Debt/Equity | 0.98 |
CFLT Forecast & Estimates
39 analysts have analysed CFLT and the average price target is 27.67 USD. This implies a price increase of 17.23% is expected in the next year compared to the current price of 23.605.
For the next year, analysts expect an EPS growth of 34.97% and a revenue growth 20.79% for CFLT