50% OFF
MarketBeat All Access
Get 30 days free. Save 50% your first year.
  •  days
  •  Hours
  •  Minutes
  •  Seconds
×
S&P 500   3,655.04 (-1.03%)
DOW   29,260.81 (-1.11%)
QQQ   274.37 (-0.41%)
AAPL   150.77 (+0.23%)
MSFT   237.45 (-0.20%)
META   136.37 (-2.88%)
GOOGL   98.17 (-0.58%)
AMZN   115.15 (+1.20%)
TSLA   276.01 (+0.25%)
NVDA   122.28 (-2.30%)
NIO   17.62 (-0.11%)
BABA   78.91 (+0.14%)
AMD   66.30 (-2.44%)
T   15.67 (-2.12%)
MU   48.88 (-2.44%)
CGC   2.74 (-3.52%)
F   11.99 (-2.60%)
GE   64.35 (-0.31%)
DIS   98.12 (-1.39%)
AMC   6.83 (-14.52%)
PYPL   84.26 (-3.12%)
PFE   43.83 (-0.57%)
NFLX   224.07 (-1.03%)
S&P 500   3,655.04 (-1.03%)
DOW   29,260.81 (-1.11%)
QQQ   274.37 (-0.41%)
AAPL   150.77 (+0.23%)
MSFT   237.45 (-0.20%)
META   136.37 (-2.88%)
GOOGL   98.17 (-0.58%)
AMZN   115.15 (+1.20%)
TSLA   276.01 (+0.25%)
NVDA   122.28 (-2.30%)
NIO   17.62 (-0.11%)
BABA   78.91 (+0.14%)
AMD   66.30 (-2.44%)
T   15.67 (-2.12%)
MU   48.88 (-2.44%)
CGC   2.74 (-3.52%)
F   11.99 (-2.60%)
GE   64.35 (-0.31%)
DIS   98.12 (-1.39%)
AMC   6.83 (-14.52%)
PYPL   84.26 (-3.12%)
PFE   43.83 (-0.57%)
NFLX   224.07 (-1.03%)
S&P 500   3,655.04 (-1.03%)
DOW   29,260.81 (-1.11%)
QQQ   274.37 (-0.41%)
AAPL   150.77 (+0.23%)
MSFT   237.45 (-0.20%)
META   136.37 (-2.88%)
GOOGL   98.17 (-0.58%)
AMZN   115.15 (+1.20%)
TSLA   276.01 (+0.25%)
NVDA   122.28 (-2.30%)
NIO   17.62 (-0.11%)
BABA   78.91 (+0.14%)
AMD   66.30 (-2.44%)
T   15.67 (-2.12%)
MU   48.88 (-2.44%)
CGC   2.74 (-3.52%)
F   11.99 (-2.60%)
GE   64.35 (-0.31%)
DIS   98.12 (-1.39%)
AMC   6.83 (-14.52%)
PYPL   84.26 (-3.12%)
PFE   43.83 (-0.57%)
NFLX   224.07 (-1.03%)
S&P 500   3,655.04 (-1.03%)
DOW   29,260.81 (-1.11%)
QQQ   274.37 (-0.41%)
AAPL   150.77 (+0.23%)
MSFT   237.45 (-0.20%)
META   136.37 (-2.88%)
GOOGL   98.17 (-0.58%)
AMZN   115.15 (+1.20%)
TSLA   276.01 (+0.25%)
NVDA   122.28 (-2.30%)
NIO   17.62 (-0.11%)
BABA   78.91 (+0.14%)
AMD   66.30 (-2.44%)
T   15.67 (-2.12%)
MU   48.88 (-2.44%)
CGC   2.74 (-3.52%)
F   11.99 (-2.60%)
GE   64.35 (-0.31%)
DIS   98.12 (-1.39%)
AMC   6.83 (-14.52%)
PYPL   84.26 (-3.12%)
PFE   43.83 (-0.57%)
NFLX   224.07 (-1.03%)
NASDAQ:CFLT

Confluent - CFLT Stock Forecast, Price & News

$21.86
-0.04 (-0.18%)
(As of 09/26/2022 05:33 PM ET)
Add
Compare
Today's Range
$21.60
$23.13
50-Day Range
$21.90
$33.73
52-Week Range
$16.48
$94.97
Volume
1.38 million shs
Average Volume
3.02 million shs
Market Capitalization
$6.16 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$47.64

Confluent MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.62 Rating Score
Upside/​Downside
117.9% Upside
$47.64 Price Target
Short Interest
Healthy
9.04% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.43mentions of Confluent in the last 14 days
Based on 15 Articles This Week
Insider Trading
Selling Shares
$7.35 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($1.63) to ($1.40) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.55 out of 5 stars

Business Services Sector

82nd out of 327 stocks

Prepackaged Software Industry

51st out of 226 stocks

CFLT stock logo

About Confluent (NASDAQ:CFLT) Stock

Confluent, Inc. operates a data streaming platform in the United States and internationally. It offers Confluent Cloud, a managed cloud-native service for connecting and processing data; and Confluent Platform, an enterprise-grade self-managed software that connects and processes data in real-time with the foundational platform for data in motion. It also provides Kafka Connect that enables to build connectors to integrate Apache Kafka with other apps and data systems; ksqlDB, a database for stream processing applications; and stream governance, a solution that is designed for the intricacies of streaming data, which allows teams to expand usage of real-time data without bypassing requirements for risk management and regulatory compliance. In addition, it also offers training and professional services. 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.

Receive CFLT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Confluent and its competitors with MarketBeat's FREE daily newsletter.

CFLT Stock News Headlines

Investors Buy High Volume of Confluent Put Options (NASDAQ:CFLT)
Confluent, Inc. (NASDAQ: CFLT)
See More Headlines
Receive CFLT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Confluent and its competitors with MarketBeat's FREE daily newsletter.

CFLT Company Calendar

Last Earnings
8/03/2022
Today
9/26/2022
Next Earnings (Estimated)
11/03/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:CFLT
Fax
N/A
Employees
1,981
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$47.64
High Stock Price Forecast
$100.00
Low Stock Price Forecast
$27.00
Forecasted Upside/Downside
+117.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.62
Research Coverage
13 Analysts

Profitability

Net Income
$-342,800,000.00
Pretax Margin
-89.63%

Debt

Sales & Book Value

Annual Sales
$387.86 million
Book Value
$3.13 per share

Miscellaneous

Free Float
203,172,000
Market Cap
$6.16 billion
Optionable
Not Optionable
Beta
1.16

Key Executives

  • Mr. Edward KrepsMr. Edward Kreps (Age 42)
    Co-Founder, Chairman & CEO
    Comp: $350k
  • Ms. Neha NarkhedeMs. Neha Narkhede (Age 36)
    Co-Founder & Director
  • Mr. Steffan C. TomlinsonMr. Steffan C. Tomlinson (Age 51)
    Chief Financial Officer
    Comp: $856.38k
  • Ms. Erica Ruliffson Schultz (Age 48)
    Pres of Field Operations
    Comp: $1.13M
  • Mr. Jun Rao
    Co-Founder
  • Ms. Ying Liu
    Chief Accounting Officer
  • Ms. Melanie D. Vinson (Age 51)
    Chief Legal Officer
  • Mr. Simon Hayes
    VP of Corp. & Bus. Devel.
  • Ms. Stephanie Buscemi (Age 50)
    Chief Marketing Officer
  • Ms. Gunjan Aggarwal
    Chief People Officer













CFLT Stock - Frequently Asked Questions

Should I buy or sell Confluent stock right now?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Confluent in the last twelve months. There are currently 5 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CFLT shares.
View CFLT analyst ratings
or view top-rated stocks.

What is Confluent's stock price forecast for 2022?

13 brokerages have issued 12 month price targets for Confluent's shares. Their CFLT share price forecasts range from $27.00 to $100.00. On average, they expect the company's stock price to reach $47.64 in the next twelve months. This suggests a possible upside of 119.4% from the stock's current price.
View analysts price targets for CFLT
or view top-rated stocks among Wall Street analysts.

How have CFLT shares performed in 2022?

Confluent's stock was trading at $76.24 at the beginning of the year. Since then, CFLT shares have decreased by 71.5% and is now trading at $21.72.
View the best growth stocks for 2022 here
.

When is Confluent's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our CFLT earnings forecast
.

How were Confluent's earnings last quarter?

Confluent, Inc. (NASDAQ:CFLT) issued its quarterly earnings results on Wednesday, August, 3rd. The company reported ($0.41) EPS for the quarter, hitting the consensus estimate of ($0.41). The company earned $139.41 million during the quarter, compared to analysts' expectations of $131.21 million. Confluent had a negative net margin of 90.30% and a negative trailing twelve-month return on equity of 50.24%.

What guidance has Confluent issued on next quarter's earnings?

Confluent updated its third quarter 2022 earnings guidance on Wednesday, August, 10th. The company provided earnings per share guidance of -$0.19--$0.17 for the period, compared to the consensus earnings per share estimate of -$0.19. The company issued revenue guidance of $143.00 million-$145.00 million, compared to the consensus revenue estimate of $142.09 million.

When did Confluent IPO?

(CFLT) raised $713 million in an initial public offering on Thursday, June 24th 2021. The company issued 23,000,000 shares at $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.

What is Confluent's stock symbol?

Confluent trades on the NASDAQ under the ticker symbol "CFLT."

Who are Confluent's major shareholders?

Confluent's stock is owned by a number of institutional and retail investors. Top institutional investors include Price T Rowe Associates Inc. MD (3.52%), FMR LLC (1.39%), Franklin Resources Inc. (1.31%), State Street Corp (0.57%), TD Asset Management Inc. (0.44%) and Soros Fund Management LLC (0.00%). Insiders that own company stock include An-Yen Hu, Brad Gerstner, Chad Verbowski, Chetan Puttagunta, Edward Jay Kreps, Erica Schultz, Jonathan Chadwick, Michelangelo Volpi, Neha Narkhede, Peter H Fenton, Steffan Tomlinson, Steven M Spurlock, Ventures Vii (Jersey) L Index and Ying Christina Liu.
View institutional ownership trends
.

How do I buy shares of Confluent?

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

What is Confluent's stock price today?

One share of CFLT stock can currently be purchased for approximately $21.72.

How much money does Confluent make?

Confluent (NASDAQ:CFLT) has a market capitalization of $6.12 billion and generates $387.86 million in revenue each year. The company earns $-342,800,000.00 in net income (profit) each year or ($1.63) on an earnings per share basis.

How many employees does Confluent have?

The company employs 1,981 workers across the globe.

How can I contact Confluent?

The official website for the company is www.confluent.io. The company can be reached via phone at 800-439-3207 or via email at investors@confluent.io.

This page (NASDAQ:CFLT) was last updated on 9/26/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.