ConfluentCFLT
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
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
18 analyst ratings
Scotiabank Nick Altmann 28% 1-year accuracy 5 / 18 met price target | 1%upside $24 | Sector Perform Maintained | 24 Apr 2025 |
Guggenheim Howard Ma 23% 1-year accuracy 6 / 26 met price target | 60%upside $38 | Buy Reiterated | 23 Apr 2025 |
Loop Capital Yun Kim 38% 1-year accuracy 5 / 13 met price target | 8%downside $22 | Hold Maintained | 23 Apr 2025 |
Wells Fargo Michael Turrin 48% 1-year accuracy 47 / 98 met price target | 34%upside $32 | Overweight Maintained | 22 Apr 2025 |
Barclays Raimo Lenschow 40% 1-year accuracy 37 / 93 met price target | 22%upside $29 | Overweight Maintained | 21 Apr 2025 |
Financial journalist opinion
Based on 16 articles about CFLT published over the past 30 days
