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CFLT

CFLT - Confluent, Inc. Stock Price, Fair Value and News

32.22USD+0.69 (+2.19%)Delayed as of 17 May 2024, 09:54 am ET

Market Summary

CFLT
USD32.22+0.69
Delayedas of 17 May 2024, 09:54 am
2.19%

CFLT Alerts

  • Big jump in Earnings (Y/Y)
  • Losses in recent quarter

CFLT Stock Price

View Fullscreen

CFLT RSI Chart

CFLT Valuation

Market Cap

9.9B

Price/Earnings (Trailing)

-25.86

Price/Sales (Trailing)

12.08

EV/EBITDA

-32.19

Price/Free Cashflow

-182.4

CFLT Price/Sales (Trailing)

CFLT Profitability

EBT Margin

-42.23%

Return on Equity

-45.33%

Return on Assets

-15.71%

Free Cashflow Yield

-0.55%

CFLT Fundamentals

CFLT Revenue

Revenue (TTM)

819.9M

Rev. Growth (Yr)

24.63%

Rev. Growth (Qtr)

1.9%

CFLT Earnings

Earnings (TTM)

-383.2M

Earnings Growth (Yr)

39.06%

Earnings Growth (Qtr)

1.2%

Breaking Down CFLT Revenue

52 Week Range

26.7341.22
(Low)(High)

Last 7 days

1.6%

Last 30 days

10.4%

Last 90 days

-7.2%

Trailing 12 Months

17.7%

How does CFLT drawdown profile look like?

CFLT Financial Health

Current Ratio

5.07

Debt/Equity

1.29

Debt/Cashflow

-0.05

CFLT Investor Care

Shares Dilution (1Y)

7.65%

Diluted EPS (TTM)

-1.25

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024819.9M000
2023634.1M684.0M732.4M777.0M
2022437.0M488.0M537.2M585.9M
2021262.7M297.2M338.3M387.9M
20200178.7M207.7M236.6M
2019000149.8M
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Tracking the Latest Insider Buys and Sells of Confluent, Inc.

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 20, 2024
sivaram rohan
sold
-18,345
31.2
-588
chief financial officer
Mar 20, 2024
liu ying christina
sold
-12,698
31.2
-407
chief accounting officer
Mar 20, 2024
verbowski chad
sold
-252,283
31.2
-8,086
chief technology officer
Mar 11, 2024
caimi lara
acquired
-
-
46,875
-
Mar 11, 2024
caimi lara
sold
-1,495,280
31.8993
-46,875
-
Mar 08, 2024
schultz erica
acquired
-
-
63,729
president, field operations
Mar 08, 2024
schultz erica
sold
-2,104,970
33.03
-63,729
president, field operations
Mar 07, 2024
schultz erica
gifted
-
-
-3,000
president, field operations
Mar 06, 2024
kreps edward jay
sold
-7,823,090
33.6477
-232,500
chief executive officer
Mar 06, 2024
kreps edward jay
acquired
-
-
232,500
chief executive officer

1–10 of 50

Which funds bought or sold CFLT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 15, 2024
MARSHALL WACE, LLP
reduced
-92.85
-14,070,200
1,446,430
-%
May 15, 2024
CITADEL ADVISORS LLC
added
0.86
3,851,850
16,058,600
-%
May 15, 2024
COATUE MANAGEMENT LLC
sold off
-100
-134,132,000
-
-%
May 15, 2024
JANUS HENDERSON GROUP PLC
added
0.35
84,203
355,977
-%
May 15, 2024
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
added
162
2,269
3,205
-%
May 15, 2024
Board of Trustees of The Leland Stanford Junior University
reduced
-50.00
-211,135
395,814
0.04%
May 15, 2024
AQR Arbitrage LLC
new
-
305,017
305,017
0.01%
May 15, 2024
ALGERT GLOBAL LLC
sold off
-100
-1,197,000
-
-%
May 15, 2024
MILLENNIUM MANAGEMENT LLC
reduced
-65.91
-31,102,700
24,904,100
0.01%
May 15, 2024
Royal Bank of Canada
reduced
-2.29
2,879,000
13,370,000
-%

1–10 of 27

Are Funds Buying or Selling CFLT?

Are funds buying CFLT calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own CFLT
No. of Funds

Unveiling Confluent, Inc.'s Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
May 08, 2024
blackrock inc.
11.0%
26,757,150
SC 13G/A
Feb 14, 2024
kreps edward jay
8.2%
25,685,789
SC 13G/A
Feb 14, 2024
price t rowe associates inc /md/
6.8%
14,994,745
SC 13G/A
Feb 14, 2024
sc us (ttgp), ltd.
1.0%
2,192,541
SC 13G/A
Feb 14, 2024
index ventures vii (jersey), l.p.
2.5%
5,646,760
SC 13G/A
Feb 14, 2024
altimeter capital management, lp
6.72%
14,729,458
SC 13G/A
Feb 13, 2024
benchmark capital partners viii, l.p.
0.8%
1,863,754
SC 13G/A
Feb 13, 2024
vanguard group inc
8.69%
19,071,645
SC 13G/A
Feb 09, 2024
fmr llc
-
0
SC 13G
Jan 29, 2024
blackrock inc.
6.1%
13,487,036
SC 13G

Recent SEC filings of Confluent, Inc.

View All Filings
Date Filed Form Type Document
May 15, 2024
144
Notice of Insider Sale Intent
May 10, 2024
4
Insider Trading
May 10, 2024
4
Insider Trading
May 10, 2024
4
Insider Trading
May 09, 2024
144
Notice of Insider Sale Intent
May 08, 2024
SC 13G/A
Major Ownership Report
May 07, 2024
10-Q
Quarterly Report
May 07, 2024
8-K
Current Report
Apr 24, 2024
ARS
ARS
Apr 24, 2024
DEF 14A
DEF 14A

Peers (Alternatives to Confluent, Inc.)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
3.1T
236.6B
1.53% 34.05%
36.3
13.22
13.97% 24.86%
216.3B
19.9B
1.39% 35.39%
45.06
10.85
10.76% 1.35%
80.9B
3.1B
13.35% 147.10%
905.91
26.48
36.33% 148.75%
44.2B
22.9B
-1.89% 24.24%
88.79
1.93
23.28% 240.37%
14.8B
3.9B
-4.39% 11.65%
23.57
3.8
7.01% 28.42%
10.2B
2.8B
-5.01% 24.93%
20.44
3.66
0.20% 52.82%
MID-CAP
7.5B
619.6M
12.25% 33.00%
785.18
12.14
7.11% 116.83%
6.4B
583.1M
39.18% 3.07%
-33.48
10.95
22.54% 30.49%
3.9B
1.5B
17.71% 51.48%
26.67
2.63
6.51% 54.77%
2.4B
560.0M
-8.60% -11.83%
-22.75
4.37
14.52% 34.67%
SMALL-CAP
1.3B
1.2B
-9.65% -11.85%
19.98
1.1
3.70% 18.24%
1.2B
254.7M
23.85% 14.67%
26.22
4.71
-7.51% 2.74%
588.7M
634.3M
29.50% 103.77%
-20.17
0.93
9.43% -197.31%
20.6M
23.3M
-15.41% -57.94%
-1.8
0.89
336.57% -92.79%
11.9M
15.3M
-7.32% 21.28%
-1.18
0.78
-7.99% -1417.41%

Confluent, Inc. News

Latest updates
Defense World5 hours ago
Defense World12 May 202408:39 am
Yahoo Finance2 months ago

Confluent, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22019Q4
Revenue1.9%217,237,000213,184,000200,181,000189,285,000174,302,000168,666,000151,732,000139,407,000126,139,000119,928,000102,570,00088,338,00077,028,00070,324,00061,497,00053,852,000-
Gross Profit-0.1%156,016,000156,127,000143,632,000131,365,000116,158,000114,717,00098,552,00089,898,00080,362,00073,782,00065,271,00058,329,00053,190,00049,407,00042,441,00036,162,000-
Operating Expenses11.0%267,367,000240,807,000252,264,000250,733,000282,251,000229,702,000217,452,000207,205,000191,844,000187,462,000160,022,000144,374,00098,334,00081,708,000182,438,00063,656,000-
  S&GA Expenses9.5%131,352,000119,911,000128,624,000127,770,000128,624,000122,684,000114,312,000112,754,000106,702,000100,625,00086,991,00073,206,00058,509,00047,838,00043,759,00036,447,000-
  R&D Expenses12.2%97,571,00086,948,00091,237,00085,677,00084,890,00071,809,00070,099,00064,472,00057,661,00056,686,00047,701,00033,225,00024,313,00021,861,00044,921,00018,875,000-
EBITDA Margin20.1%-0.40-0.51-0.59-0.67-0.75-0.75-0.84-0.89-0.92-0.87-0.75-1.00-0.91-0.97-0.45-0.53-0.63
Income Taxes-92.1%2,466,00031,174,5001,600,0001,667,0001,647,0002,188,0001,900,0001,510,000700,000439,000700,0002,170,000-100,000261,000-800,000-100,000-
Earnings Before Taxes-43.9%-90,501,000-62,905,000-91,103,000-101,758,000-150,908,000-103,658,000-114,181,000-116,121,000-112,298,000-114,009,000-94,982,000-86,000,000-44,636,000-31,495,000-138,891,000-26,402,000-
EBT Margin19.3%-0.42-0.52-0.61-0.69-0.76-0.76-0.85-0.90-0.93-0.88-0.76-1.01-0.92-0.97-0.46-0.53-0.63
Net Income1.2%-92,967,000-94,096,000-92,670,000-103,425,000-152,555,000-105,884,000-116,049,000-117,631,000-112,987,000-114,439,000-95,666,000-88,170,000-44,526,000-31,756,000-138,141,000-26,296,000-
Net Income Margin18.0%-0.47-0.57-0.62-0.70-0.78-0.77-0.86-0.90-0.94-0.88-0.77-1.02-0.92-0.97-0.46-0.53-0.63
Free Cashflow-335.1%-26,140,00011,119,000-9,423,000-29,869,000-78,318,000-28,084,000-42,796,000-34,656,000-55,918,000-25,240,000-18,592,000-44,196,000-20,632,000-20,742,000-9,384,000--
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22020Q4
Assets-0.9%2,4402,4612,3622,3282,2932,3452,3142,3252,3182,3431,3101,318526
  Current Assets-1.1%2,2262,2522,1682,1402,1152,1982,1752,1922,1952,2261,2081,214428
    Cash Equivalents-3.8%3363503173133434365035301,0481,37658386038.00
  Net PPE14.1%62.0054.0048.0044.0035.0029.0026.0022.0018.0014.0012.009.007.00
Liabilities-3.4%1,5941,6501,5731,5661,5481,5751,5301,5281,4811,492339314258
  Current Liabilities-9.8%439487435423401424379376331348273249194
  Long Term Debt0.1%1,0891,0881,0871,0861,0851,0851,0841,0831,0821,081---
    LT Debt, Non Current-100.0%-1,0881,0871,0861,0851,0851,0841,0831,0821,081---
Shareholder's Equity4.3%8458107897617457697847978368509711,004-
  Retained Earnings-5.7%-1,737-1,644-1,550-1,457-1,353-1,201-1,095-979-861-748-634-538-406
  Additional Paid-In Capital5.4%2,5852,4532,3492,2292,1031,9801,8921,7861,7031,6001,6051,542100
Shares Outstanding4.5%314301298295292280282276273189163119104
Float-100.0%-7,357-----3,223---1,308-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22019Q4
Cashflow From Operations-312.1%-25.9512.00-9.06-29.06-77.77-27.08-41.75-33.47-55.03-23.88-18.03-43.17-19.99-20.39-9.18--
  Share Based Compensation7.3%95.0089.0090.0092.0079.0076.0075.0069.0057.0058.0050.0035.0013.0010.00120--
Cashflow From Investing-307.2%-16.768.00-11.52-28.94-52.48-49.55-12.72-491-311-196-26750.0014.00-1.7516.00--
Cashflow From Financing173.4%30.0011.0026.0027.0038.008.0028.007.0038.001,0138.0080913.007.0017.00--
  Buy Backs------------------
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CFLT Income Statement

2024-03-31
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenue:  
Total revenue$ 217,237$ 174,302
Cost of revenue:  
Total cost of revenue61,22158,144
Gross profit156,016116,158
Operating expenses:  
Research and development97,57184,890
Sales and marketing131,352128,624
General and administrative38,44435,355
Restructuring and other related charges033,382
Total operating expenses267,367282,251
Operating loss(111,351)(166,093)
Other income, net20,85015,185
Loss before income taxes(90,501)(150,908)
Provision for income taxes2,4661,647
Net loss$ (92,967)$ (152,555)
Net loss per share, basic$ (0.3)$ (0.52)
Net loss per share, diluted$ (0.3)$ (0.52)
Weighted-average shares used to compute net loss per share, basic314,203,181291,864,975
Weighted-average shares used to compute net loss per share, diluted314,203,181291,864,975
Subscription [Member]  
Revenue:  
Total revenue$ 206,902$ 160,567
Cost of revenue:  
Total cost of revenue48,35542,905
Services [Member]  
Revenue:  
Total revenue10,33513,735
Cost of revenue:  
Total cost of revenue$ 12,866$ 15,239

CFLT Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 336,373$ 349,761
Marketable securities1,570,5861,551,009
Accounts receivable, net199,842229,962
Deferred contract acquisition costs43,21443,937
Prepaid expenses and other current assets76,10276,986
Total current assets2,226,1172,251,655
Property and equipment, net61,62754,012
Operating lease right-of-use assets9,17610,061
Goodwill and intangible assets, net54,98855,490
Deferred contract acquisition costs, non-current73,50875,815
Other assets, non-current14,21313,776
Total assets2,439,6292,460,809
Current liabilities:  
Accounts payable1,8826,714
Accrued expenses and other liabilities96,739141,847
Operating lease liabilities10,0617,890
Deferred revenue330,516330,570
Total current liabilities439,198487,021
Operating lease liabilities, non-current13,28417,391
Deferred revenue, non-current17,14522,436
Convertible senior notes, net1,089,2661,088,313
Other liabilities, non-current35,51935,233
Total liabilities1,594,4121,650,394
Commitments and contingencies (Note 9)
Stockholders' equity:  
Preferred stock, par value of $0.00001 per share; 10,000,000 shares authorized as of March 31, 2024 and December 31, 2023; 0 shares issued and outstanding as of March 31,2024 and December 31, 202300
Additional paid-in capital2,584,6652,453,293
Accumulated other comprehensive (loss) income(2,333)1,270
Accumulated deficit(1,737,118)(1,644,151)
Total stockholders' equity845,217810,415
Total liabilities and stockholders' equity2,439,6292,460,809
Class A Common Stock [Member]  
Stockholders' equity:  
Common Stock, Value22
Class B Common Stock [Member]  
Stockholders' equity:  
Common Stock, Value$ 1$ 1
CFLT
Confluent, Inc. operates a data streaming platform in the United States and internationally. The company offers Confluent Cloud, a managed cloud-native service for connecting and processing real-time data; and Confluent Platform, an enterprise-grade self-managed software that connects and processes data. It also provides Kafka Connect, an open-source component that works as a centralized data hub for simple data integration between databases, key-value stores, search indexes, and file 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 Apache Kafka without bypassing requirements for risk management and regulatory compliance. In addition, the company offers training and professional services. It serves automotive, communication, financial services, gaming, government, insurance, manufacturing, retail and ecommerce, and technology industries. 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.
 CEO
 WEBSITEconfluent.io
 INDUSTRYSoftware - Infra
 EMPLOYEES2761

Confluent, Inc. Frequently Asked Questions


What is the ticker symbol for Confluent, Inc.? What does CFLT stand for in stocks?

CFLT is the stock ticker symbol of Confluent, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Confluent, Inc. (CFLT)?

As of Thu May 16 2024, market cap of Confluent, Inc. is 9.91 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CFLT stock?

You can check CFLT's fair value in chart for subscribers.

What is the fair value of CFLT stock?

You can check CFLT's fair value in chart for subscribers. The fair value of Confluent, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Confluent, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CFLT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Confluent, Inc. a good stock to buy?

The fair value guage provides a quick view whether CFLT is over valued or under valued. Whether Confluent, Inc. is cheap or expensive depends on the assumptions which impact Confluent, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CFLT.

What is Confluent, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 16 2024, CFLT's PE ratio (Price to Earnings) is -25.86 and Price to Sales (PS) ratio is 12.08. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CFLT PE ratio will change depending on the future growth rate expectations of investors.