ConfluentCFLT
CFLT
About: 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. Its products include Confluent Platform; Connectors; ksqlDB and others. The company generates revenue from the sale of subscriptions and services. Geographically, it derives a majority of its revenue from the United States. The company provides solutions to Financial Services; Insurance; Retail and eCommerce; Automotive; Government and other sectors.
Employees: 2,744
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 17 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
76% more call options, than puts
Call options by funds: $137M | Put options by funds: $77.9M
7% less repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 116
8% less funds holding
Funds holding: 366 [Q2] → 335 (-31) [Q3]
10.03% less ownership
Funds ownership: 105.21% [Q2] → 95.18% (-10.03%) [Q3]
26% less first-time investments, than exits
New positions opened: 75 | Existing positions closed: 101
36% less capital invested
Capital invested by funds: $7.6B [Q2] → $4.86B (-$2.74B) [Q3]
36% less funds holding in top 10
Funds holding in top 10: 11 [Q2] → 7 (-4) [Q3]
Research analyst outlook
17 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$25
9%
downside
Avg. target
$33
20%
upside
High target
$40
45%
upside
17 analyst ratings
12 positive
71%
5 neutral
29%
0 negative
0%
Morgan Stanley Sanjit Singh 43% 1-year accuracy 6 / 14 met price target | 9%upside $30 | Equal-Weight Downgraded | 16 Jan 2025 |
Piper Sandler Rob Owens 63% 1-year accuracy 17 / 27 met price target | 27%upside $35 | Overweight Maintained | 6 Jan 2025 |
RBC Capital Matthew Hedberg 68% 1-year accuracy 148 / 219 met price target | 31%upside $36 | Outperform Maintained | 3 Jan 2025 |
Stifel Brad Reback 63% 1-year accuracy 31 / 49 met price target | 35%upside $37 | Buy Maintained | 18 Dec 2024 |
Mizuho Gregg Moskowitz 59% 1-year accuracy 29 / 49 met price target | 27%upside $35 | Outperform Maintained | 13 Dec 2024 |
Financial journalist opinion
Based on 5 articles about CFLT published over the past 30 days
Positive
Seeking Alpha
2 days ago
Confluent: Excellent Growth At An Even Better Price
Confluent is a terrific "growth at a reasonable price" software stock that has only seen its share price rise ~20% over the past year, despite strong growth. Confluent, founded by creators of open-source Apache Kafka, offers a data streaming platform crucial for real-time applications, benefiting from substantial secular tailwinds. Confluent's horizontal software platform serves diverse industries, boasting blue-chip clients like JPMorgan Chase, Netflix, and Walmart, with an estimated $60 billion TAM.
Positive
The Motley Fool
1 week ago
3 Brilliant Growth Stocks to Buy Now and Hold for the Long Term
It may come as a surprise to some, but the most money is made in investing by buying and holding solid growth stocks for the long term rather than jumping in and out of the market. Share prices are notoriously unpredictable in the short term, so frequent trading can lose you a ton of money.
Neutral
Business Wire
2 weeks ago
Confluent to Announce Fourth Quarter and Fiscal Year 2024 Financial Results on February 11, 2025
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ: CFLT), the data streaming pioneer, today announced it will release financial results for its fourth quarter and fiscal year 2024, which ended December 31, 2024, after the U.S. market close on Tuesday, February 11, 2025. Confluent will host a live video webcast to discuss the results. Video Webcast Information Date: Tuesday, February 11, 2025 Time: 1:30 p.m. PT / 4:30 p.m. ET Webcast: https://investors.confluent.io Prior to the com.
Neutral
Investors Business Daily
2 weeks ago
Confluent Stock Scores 95-Plus Composite Rating
Confluent saw its IBD SmartSelect Composite Rating jump to 96 Thursday, up from 94 the day before. The post Confluent Stock Scores 95-Plus Composite Rating appeared first on Investor's Business Daily.
Positive
MarketBeat
4 weeks ago
The Future of Innovation: 3 Tech Stocks to Watch
The technology sector is a dynamic and ever-evolving market terrain where innovation is paramount to survival and growth. Cutting-edge developments are revolutionizing industries, creating a wealth of unique opportunities for investors who know where to look.
Positive
Investors Business Daily
1 month ago
S&P 500 Banking Giant Leads Five Stocks To Watch Amid Market Rally
Goldman Sachs and Fortinet are among the stocks investors should keep tabs on as the stock market rally holds up. The post S&P 500 Banking Giant Leads Five Stocks To Watch Amid Market Rally appeared first on Investor's Business Daily.
Positive
Seeking Alpha
1 month ago
Confluent: Unlocking The Potential Of AI
Confluent's data streaming platform could be crucial for AI, making the stock undervalued with high-growth potential. Q3 2024 results show 25% revenue growth, positive free cash flow, and improved GAAP net loss, indicating strong performance and liquidity. Confluent's 117% Dollar-based Net Retention Rate and expanding product offerings highlight its value and customer loyalty.
Positive
Investors Business Daily
1 month ago
AI Nerve Center — And 400% Growth — Fuel This Google, Amazon, Microsoft Partner
Strong demand and explosive growth lift Amazon, Microsoft and Google partner Confluent stock toward a breakout. The post AI Nerve Center — And 400% Growth — Fuel This Google, Amazon, Microsoft Partner appeared first on Investor's Business Daily.
Neutral
Business Wire
1 month ago
New Confluent Platform for Apache Flink Makes It Easy to Manage and Secure High-Performance Stream Processing On-Premises
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, announced the general availability of Confluent Platform for Apache Flink® with added enterprise-level security capabilities and easier ways to manage and scale on-premises Apache Flink workloads. Confluent is now the only company that offers data streaming paired with stream processing for cloud and on-premises workloads so businesses can turn their data into value faster. In addition, Confluent.
Positive
Seeking Alpha
2 months ago
Confluent: After A Strong Quarter And A Share Price Spike Is There More To Come?
Confluent shares have surged 30% in the past month, driven by accelerating revenue growth and significant profitability improvements, making it an attractive buy despite past volatility. The company reported a 25% revenue increase, with cloud revenues growing by 42%, and raised its Q4 revenue forecast, indicating strong future performance. New product introductions, including Flink and Freight Clusters, are expected to drive substantial revenue growth and enhance Confluent's competitive edge in the stream processing market.
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