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Confluent (CFLT) Competitors

Confluent logo
$27.07 -1.46 (-5.12%)
(As of 11/15/2024 ET)

CFLT vs. XM, NICE, CLDR, FFIV, RNG, VEEV, HUBS, RBLX, NET, and ZS

Should you be buying Confluent stock or one of its competitors? The main competitors of Confluent include Qualtrics International (XM), NICE (NICE), Cloudera (CLDR), F5 (FFIV), RingCentral (RNG), Veeva Systems (VEEV), HubSpot (HUBS), Roblox (RBLX), Cloudflare (NET), and Zscaler (ZS).

Confluent vs.

Confluent (NASDAQ:CFLT) and Qualtrics International (NASDAQ:XM) are both business services companies, but which is the superior stock? We will contrast the two businesses based on the strength of their media sentiment, dividends, institutional ownership, profitability, risk, community ranking, earnings, analyst recommendations and valuation.

Confluent has a beta of 0.82, indicating that its stock price is 18% less volatile than the S&P 500. Comparatively, Qualtrics International has a beta of 1.73, indicating that its stock price is 73% more volatile than the S&P 500.

Confluent presently has a consensus price target of $30.88, suggesting a potential upside of 14.09%. Given Confluent's stronger consensus rating and higher probable upside, equities analysts clearly believe Confluent is more favorable than Qualtrics International.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Confluent
1 Sell rating(s)
7 Hold rating(s)
19 Buy rating(s)
1 Strong Buy rating(s)
2.71
Qualtrics International
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

Confluent has higher earnings, but lower revenue than Qualtrics International. Confluent is trading at a lower price-to-earnings ratio than Qualtrics International, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Confluent$776.95M11.43-$442.75M-$1.11-24.39
Qualtrics International$1.53B7.18-$1.06B-$1.74-10.43

In the previous week, Confluent had 24 more articles in the media than Qualtrics International. MarketBeat recorded 24 mentions for Confluent and 0 mentions for Qualtrics International. Confluent's average media sentiment score of 0.84 beat Qualtrics International's score of 0.00 indicating that Confluent is being referred to more favorably in the media.

Company Overall Sentiment
Confluent Positive
Qualtrics International Neutral

Confluent received 46 more outperform votes than Qualtrics International when rated by MarketBeat users. However, 51.15% of users gave Qualtrics International an outperform vote while only 51.13% of users gave Confluent an outperform vote.

CompanyUnderperformOutperform
ConfluentOutperform Votes
113
51.13%
Underperform Votes
108
48.87%
Qualtrics InternationalOutperform Votes
67
51.15%
Underperform Votes
64
48.85%

Confluent has a net margin of -38.35% compared to Qualtrics International's net margin of -67.08%. Confluent's return on equity of -34.05% beat Qualtrics International's return on equity.

Company Net Margins Return on Equity Return on Assets
Confluent-38.35% -34.05% -11.75%
Qualtrics International -67.08%-49.79%-29.00%

78.1% of Confluent shares are owned by institutional investors. Comparatively, 24.0% of Qualtrics International shares are owned by institutional investors. 13.8% of Confluent shares are owned by insiders. Comparatively, 12.5% of Qualtrics International shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Summary

Confluent beats Qualtrics International on 15 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CFLT vs. The Competition

MetricConfluentPrepackaged software IndustryBusiness SectorNASDAQ Exchange
Market Cap$8.88B$24.80B$7.23B$8.74B
Dividend YieldN/A2.32%2.38%4.08%
P/E Ratio-24.3959.9519.5113.55
Price / Sales11.438.79166.8787.67
Price / CashN/A87.4428.3835.24
Price / Book9.508.294.805.93
Net Income-$442.75M$444.76M$120.67M$225.73M
7 Day Performance2.15%-3.82%10.42%-1.34%
1 Month Performance21.28%2.25%12.48%1.15%
1 Year Performance42.40%19.42%35.40%24.02%

Confluent Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CFLT
Confluent
3.3763 of 5 stars
$27.07
-5.1%
$30.88
+14.1%
+42.7%$8.88B$776.95M-24.392,744Analyst Forecast
Insider Selling
Short Interest ↓
News Coverage
Gap Down
XM
Qualtrics International
N/A$18.14
flat
N/AN/A$11.00B$1.53B-10.435,600
NICE
NICE
4.496 of 5 stars
$199.17
+3.3%
N/A-11.5%$12.52B$2.38B33.258,384Analyst Forecast
Analyst Revision
News Coverage
High Trading Volume
CLDR
Cloudera
0.6111 of 5 stars
$15.99
flat
N/AN/A$4.74B$869.26M-34.022,728News Coverage
FFIV
F5
4.3665 of 5 stars
$246.86
+1.2%
N/A+48.0%$14.39B$2.82B25.826,524Short Interest ↑
Analyst Revision
News Coverage
RNG
RingCentral
4.5444 of 5 stars
$37.94
+4.6%
N/A+23.1%$3.48B$2.20B-35.794,084
VEEV
Veeva Systems
4.7538 of 5 stars
$233.37
-1.3%
N/A+21.7%$37.79B$2.36B62.237,172Insider Selling
News Coverage
HUBS
HubSpot
4.292 of 5 stars
$700.00
-0.2%
N/A+45.4%$36.13B$2.17B-2,592.507,663Insider Selling
News Coverage
RBLX
Roblox
3.0501 of 5 stars
$53.14
-2.3%
N/A+32.2%$32.29B$2.80B-32.402,457Short Interest ↓
NET
Cloudflare
3.8808 of 5 stars
$94.16
+3.6%
N/A+27.0%$32.17B$1.30B-362.153,682Insider Selling
Options Volume
ZS
Zscaler
4.2507 of 5 stars
$209.85
+0.4%
N/A+8.2%$32.00B$2.17B-524.617,348Analyst Forecast
Options Volume

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This page (NASDAQ:CFLT) was last updated on 11/17/2024 by MarketBeat.com Staff
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