CFLT icon

Confluent

23.26 USD
+1.49
6.84%
At close Apr 24, 4:00 PM EDT
After hours
23.45
+0.19
0.82%
1 day
6.84%
5 days
7.78%
1 month
-14.80%
3 months
-19.07%
6 months
6.70%
Year to date
-17.66%
1 year
-19.46%
5 years
-48.33%
10 years
-48.33%
 

About: Confluent Inc provides a data streaming platform that enables customers to connect their applications, systems, and data layers and can be deployed as a fully managed cloud-native software-as-a-service (SaaS) offering. Its products include Confluent Cloud, a self-managed software offering, Confluent Platform, a managed service offering where the raw data resides inside a customer's cloud environment, and WarpStream, among others. Confluent also offers professional services and education services. The company generates revenue from the sale of subscriptions and services. Geographically, it generates a majority of its revenue from its business in the United States and the rest from International markets.

Employees: 3,060

0
Funds holding %
of 7,419 funds
0
Analysts bullish %
of 18 analysts

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

118% more call options, than puts

Call options by funds: $220M | Put options by funds: $101M

109% more first-time investments, than exits

New positions opened: 96 | Existing positions closed: 46

43% more funds holding in top 10

Funds holding in top 10: 7 [Q3] → 10 (+3) [Q4]

43% more capital invested

Capital invested by funds: $4.51B [Q3] → $6.44B (+$1.93B) [Q4]

13% more funds holding

Funds holding: 337 [Q3] → 381 (+44) [Q4]

0.91% more ownership

Funds ownership: 88.3% [Q3] → 89.22% (+0.91%) [Q4]

2% less repeat investments, than reductions

Existing positions increased: 118 | Existing positions reduced: 120

Research analyst outlook

18 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$22
5%
downside
Avg. target
$34
47%
upside
High target
$41
76%
upside

18 analyst ratings

13 positive
72%
neutral
22%
negative
6%
Scotiabank
Nick Altmann
6% 1-year accuracy
1 / 18 met price target
3%upside
$24
Sector Perform
Maintained
24 Apr 2025
Guggenheim
Howard Ma
19% 1-year accuracy
5 / 26 met price target
63%upside
$38
Buy
Reiterated
23 Apr 2025
Loop Capital
Yun Kim
8% 1-year accuracy
1 / 13 met price target
5%downside
$22
Hold
Maintained
23 Apr 2025
Wells Fargo
Michael Turrin
35% 1-year accuracy
35 / 100 met price target
38%upside
$32
Overweight
Maintained
22 Apr 2025
Barclays
Raimo Lenschow
30% 1-year accuracy
28 / 93 met price target
25%upside
$29
Overweight
Maintained
21 Apr 2025

Financial journalist opinion

Based on 11 articles about CFLT published over the past 30 days

Neutral
Zacks Investment Research
1 day ago
Confluent (CFLT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Confluent (CFLT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Confluent (CFLT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Positive
Seeking Alpha
5 days ago
Confluent: Cloud Momentum Drives Re-Rating
I initiate coverage on Confluent with a Buy rating and $36 PT, predicated on cloud momentum and a 21.5% CY25E revenue estimate. Confluent trades at a 19.1% discount to peer group despite strong fundamentals (45% YoY cloud growth, $1.01bn RPO, 58% CY25E revs visibility). Cloud, now 55% of sub revs, is a key lever for Confluent growth, supported by non-GAAP operating margin expansion and enterprise demand for AI/ML workloads.
Confluent: Cloud Momentum Drives Re-Rating
Positive
Zacks Investment Research
1 week ago
Will Confluent (CFLT) Beat Estimates Again in Its Next Earnings Report?
Confluent (CFLT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Will Confluent (CFLT) Beat Estimates Again in Its Next Earnings Report?
Positive
Zacks Investment Research
1 week ago
All You Need to Know About Confluent (CFLT) Rating Upgrade to Buy
Confluent (CFLT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
All You Need to Know About Confluent (CFLT) Rating Upgrade to Buy
Neutral
Business Wire
1 week ago
Confluent Promotes Ryan Mac Ban to Chief Revenue Officer
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc. (Nasdaq:CFLT), the data streaming pioneer, today announced the promotion of Ryan Mac Ban to Chief Revenue Officer (CRO). In this expanded role, Ryan will lead the global field strategy, bringing together sales, sales engineering, customer success, and sales operations to help customers activate real-time data to build the next wave of intelligent applications. After serving as President of Field Operations over the past five and a half yea.
Confluent Promotes Ryan Mac Ban to Chief Revenue Officer
Neutral
The Motley Fool
1 week ago
2 Artificial Intelligence (AI) Stocks to Buy Before They Soar 39% to 77%, According to Wall Street Analysts
Artificial intelligence (AI) stocks haven't been performing well on the market in 2025 amid the tariff-fueled turmoil that threatens to send the U.S. economy into a recession. Share prices of cloud infrastructure provider Oracle (ORCL -0.81%) are down nearly 20% so far in 2025 as of this writing, while data streaming platform provider Confluent (CFLT 1.41%) has dipped more than 23%.
2 Artificial Intelligence (AI) Stocks to Buy Before They Soar 39% to 77%, According to Wall Street Analysts
Neutral
Business Wire
2 weeks ago
Confluent Wins Google Cloud Partner of the Year for the Sixth Time
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc. (Nasdaq:CFLT), the data streaming pioneer, announced today that it has received the 2025 Google Cloud Partner of the Year award for Data & Analytics - Ingestion. Confluent's complete data streaming platform on Google Cloud enables organizations to stream, connect, process, and govern real-time data across cloud and hybrid environments. Confluent's collaboration with Google Cloud enables enterprises across industries to drive faster ins.
Confluent Wins Google Cloud Partner of the Year for the Sixth Time
Neutral
Business Wire
2 weeks ago
Confluent to Announce First Quarter 2025 Financial Results on April 30, 2025
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ: CFLT), the data streaming pioneer, today announced it will release financial results for its first quarter of 2025, which ended March 31, 2025, after the U.S. market close on Wednesday, April 30, 2025. Confluent will host a live video webcast to discuss the results. Video Webcast Information Date: Wednesday, April 30, 2025 Time: 1:30 p.m. PT / 4:30 p.m. ET Webcast: https://investors.confluent.io Prior to the commencement of the we.
Confluent to Announce First Quarter 2025 Financial Results on April 30, 2025
Negative
Benzinga
2 weeks ago
If Tariffs Shift Customer Spending Priorities, These Software Stocks Could Face Slow Growth
Needham analyst Mike Cikos noted tariff exposure in his Infrastructure Software coverage is better insulated compared to other sectors due to the U.S.' dominant position in Software and the vast, cheap distribution afforded by Software.
If Tariffs Shift Customer Spending Priorities, These Software Stocks Could Face Slow Growth
Neutral
GlobeNewsWire
2 weeks ago
Confluent Medical Technologies Announces Ultra Polyimide
Confluent Unveils Material Breakthrough That Delivers Twice The Strength Of Traditional Polyimide Confluent Unveils Material Breakthrough That Delivers Twice The Strength Of Traditional Polyimide
Confluent Medical Technologies Announces Ultra Polyimide
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