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Confluent (CFLT) Stock Price, News & Analysis

Confluent logo
$23.56 +0.12 (+0.51%)
Closing price 04:00 PM Eastern
Extended Trading
$23.65 +0.09 (+0.38%)
As of 07:58 PM Eastern
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About Confluent Stock (NASDAQ:CFLT)

Key Stats

Today's Range
$22.80
$23.71
50-Day Range
$23.44
$37.65
52-Week Range
$17.79
$37.90
Volume
5.47 million shs
Average Volume
4.38 million shs
Market Capitalization
$7.87 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$35.15
Consensus Rating
Moderate Buy

Company Overview

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.

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Confluent Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
70th Percentile Overall Score

CFLT MarketRank™: 

Confluent scored higher than 70% of companies evaluated by MarketBeat, and ranked 284th out of 662 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Confluent has received a consensus rating of Moderate Buy. The company's average rating score is 2.73, and is based on 21 buy ratings, 7 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    Confluent has been the subject of 16 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Confluent's stock forecast and price target.
  • Earnings Growth

    Earnings for Confluent are expected to grow in the coming year, from ($0.83) to ($0.76) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Confluent is -21.81, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Confluent is -21.81, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Confluent has a P/B Ratio of 8.04. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Confluent's valuation and earnings.
  • Percentage of Shares Shorted

    6.41% of the float of Confluent has been sold short.
  • Short Interest Ratio / Days to Cover

    Confluent has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Confluent has recently increased by 6.93%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Confluent does not currently pay a dividend.

  • Dividend Growth

    Confluent does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    6.41% of the float of Confluent has been sold short.
  • Short Interest Ratio / Days to Cover

    Confluent has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Confluent has recently increased by 6.93%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Confluent has a news sentiment score of 1.05. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 17 news articles for Confluent this week, compared to 11 articles on an average week.
  • Search Interest

    Only 13 people have searched for CFLT on MarketBeat in the last 30 days. This is a decrease of -35% compared to the previous 30 days.
  • MarketBeat Follows

    Only 6 people have added Confluent to their MarketBeat watchlist in the last 30 days. This is a decrease of -83% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Confluent insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $38,505,150.00 in company stock.

  • Percentage Held by Insiders

    13.82% of the stock of Confluent is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    78.09% of the stock of Confluent is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Confluent's insider trading history.
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CFLT Stock News Headlines

Now I look stupid. Real stupid...
I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again.
Confluent price target lowered to $35 from $40 at Truist
2 Reasons to Like CFLT (and 1 Not So Much)
Confluent: A Software Powerhouse That's Just Too Pricey
See More Headlines

CFLT Stock Analysis - Frequently Asked Questions

Confluent's stock was trading at $27.96 at the start of the year. Since then, CFLT shares have decreased by 15.7% and is now trading at $23.56.
View the best growth stocks for 2025 here
.

Confluent, Inc. (NASDAQ:CFLT) posted its quarterly earnings results on Tuesday, February, 11th. The company reported ($0.23) earnings per share for the quarter, missing analysts' consensus estimates of $0.05 by $0.28. Confluent had a negative net margin of 35.81% and a negative trailing twelve-month return on equity of 34.70%.

Confluent (CFLT) raised $713 million in an initial public offering on Thursday, June 24th 2021. The company issued 23,000,000 shares at a price of $29.00-$33.00 per share. Morgan Stanley, J.P. Morgan, Goldman Sachs, BofA Securities and Citigroup served as the underwriters for the IPO and Barclays, Credit Suisse, Deutsche Bank Securities, UBS Securities, Wells Fargo Securities, Cowen, D.A. Davidson, JMP Securities, KeyBanc Capital Markets and Piper Sandler were co-managers.

Shares of CFLT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Confluent investors own include NVIDIA (NVDA), Meta Platforms (META), CrowdStrike (CRWD), Arista Networks (ANET), Advanced Micro Devices (AMD), Broadcom (AVGO) and Adobe (ADBE).

Company Calendar

Last Earnings
2/11/2025
Today
4/01/2025
Next Earnings (Estimated)
5/06/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Prepackaged software
Sub-Industry
Computer Software
Current Symbol
NASDAQ:CFLT
Fax
N/A
Employees
2,760
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$35.15
High Stock Price Target
$42.00
Low Stock Price Target
$25.00
Potential Upside/Downside
+49.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.73
Research Coverage
30 Analysts

Profitability

Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-345,070,000.00
Pretax Margin
-34.73%

Debt

Sales & Book Value

Annual Sales
$963.64 million
Price / Cash Flow
N/A
Book Value
$2.93 per share
Price / Book
8.04

Miscellaneous

Free Float
282,666,000
Market Cap
$7.87 billion
Optionable
Optionable
Beta
0.90

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This page (NASDAQ:CFLT) was last updated on 4/1/2025 by MarketBeat.com Staff
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