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CFLT

Confluent, Inc.

CFLT

22.68USD-0.36 (-1.56%)Market Closed
Watchlist

Market Summary

USD22.68-0.36
Market Closed
-1.56%

CFLT Alerts

  • 3 major insider sales recently.
  • Big jump in Revenue (Y/Y)
  • Losses in recent quarter

CFLT Stock Price

View Fullscreen

CFLT RSI Chart

CFLT Valuation

Market Cap

6.8B

Price/Earnings (Trailing)

-14.86

Price/Sales (Trailing)

9.22

EV/EBITDA

-14.8

Price/Free Cashflow

-46.36

CFLT Price/Sales (Trailing)

CFLT Profitability

EBT Margin

-61.09%

Return on Equity

-57.6%

Return on Assets

-19.25%

Free Cashflow Yield

-2.16%

CFLT Fundamentals

CFLT Revenue

Revenue (TTM)

732.4M

Revenue Y/Y

31.93%

Revenue Q/Q

5.76%

CFLT Earnings

Earnings (TTM)

-454.5M

Earnings Y/Y

20.15%

Earnings Q/Q

10.4%

Price Action

Last 7 days

-0.7%

Last 30 days

27.4%

Last 90 days

-29.8%

Trailing 12 Months

3.9%

How does CFLT drawdown profile look like?

CFLT Financial Health

Current Ratio

4.98

CFLT Investor Care

Shares Dilution (1Y)

7.03%

Diluted EPS (TTM)

-1.55

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023634.1M684.0M732.4M0
2022437.0M488.0M537.2M585.9M
2021262.7M297.2M338.3M387.9M
2020171.5M193.2M214.9M236.6M
2019000149.8M

Latest Insider Trading transactions for CFLT

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Dec 04, 2023
schultz erica
acquired
-
-
75,000
president, field operations
Dec 04, 2023
schultz erica
sold
-1,785,950
23.8127
-75,000
president, field operations
Dec 01, 2023
schultz erica
sold
-1,689,980
22.5331
-75,000
president, field operations
Dec 01, 2023
schultz erica
acquired
-
-
75,000
president, field operations
Nov 30, 2023
volpi michelangelo
sold
-
-
-14,948
-
Nov 30, 2023
volpi michelangelo
sold
-
-
-289,334
-
Nov 30, 2023
volpi michelangelo
sold
-
-
-27,984
-
Nov 30, 2023
volpi michelangelo
sold
-
-
-1,129,350
-
Nov 29, 2023
volpi michelangelo
sold
-6,561,020
21.1245
-310,588
-
Nov 29, 2023
volpi michelangelo
sold
-169,989
21.1245
-8,047
-

1–10 of 50

Which funds bought or sold CFLT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Dec 06, 2023
CITIGROUP INC
reduced
-12.72
-3,535,470
9,653,840
0.01%
Dec 05, 2023
Advisory Resource Group
sold off
-100
-242,333
-
-%
Nov 24, 2023
DEUTSCHE BANK AG\
reduced
-66.77
-30,216,200
11,671,800
0.01%
Nov 22, 2023
CONNORS INVESTOR SERVICES INC
reduced
-3.31
-1,009,000
4,323,000
0.53%
Nov 22, 2023
Polar Capital Holdings Plc
reduced
-21.67
-30,062,400
57,537,200
0.43%
Nov 22, 2023
KBC Group NV
unchanged
-
-
8,000
-%
Nov 22, 2023
Graham Capital Management, L.P.
new
-
454,661
454,661
0.01%
Nov 21, 2023
COMERICA BANK
new
-
8,156
8,156
-%
Nov 21, 2023
COMERICA BANK
new
-
57,087
57,087
-%
Nov 16, 2023
Creative Planning
added
152
911,797
1,729,220
-%

1–10 of 32

Latest Funds Activity

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

Schedule 13G FIlings of Confluent, Inc.

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
May 05, 2023
blackrock inc.
4.4%
8,228,202
SC 13G
Feb 14, 2023
gilder gagnon howe & co llc
0.8%
1,159,936
SC 13G/A
Feb 14, 2023
kreps edward jay
9.5%
27,313,289
SC 13G/A
Feb 14, 2023
price t rowe associates inc /md/
6.9%
10,538,252
SC 13G/A
Feb 14, 2023
sc us (ttgp), ltd.
4.7%
7,589,341
SC 13G/A
Feb 14, 2023
benchmark capital partners viii, l.p.
6.3%
10,259,605
SC 13G/A
Feb 14, 2023
altimeter capital management, lp
8.45%
12,995,374
SC 13G/A
Feb 14, 2023
coatue management llc
0.6%
964,582
SC 13G/A
Feb 14, 2023
lone pine capital llc
0%
0
SC 13G/A
Feb 13, 2023
index ventures vii (jersey), l.p.
8.7%
14,681,573
SC 13G/A

Recent SEC filings of Confluent, Inc.

View All Filings
Date Filed Form Type Document
Dec 05, 2023
4
Insider Trading
Dec 01, 2023
4
Insider Trading
Nov 30, 2023
4
Insider Trading
Nov 29, 2023
144
Notice of Insider Sale Intent
Nov 29, 2023
144
Notice of Insider Sale Intent
Nov 22, 2023
4
Insider Trading
Nov 22, 2023
4
Insider Trading
Nov 22, 2023
4
Insider Trading
Nov 22, 2023
4
Insider Trading
Nov 22, 2023
4
Insider Trading

Peers (Alternatives to Confluent, Inc.)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.8T
218.3B
3.06% 51.30%
36.08
12.74
7.50% 10.47%
278.2B
18.9B
4.22% 83.42%
54.32
14.73
9.86% 6.40%
57.7B
2.8B
25.14% 112.32%
-4.9K
20.26
39.94% 93.33%
42.0B
20.8B
32.31% 9.14%
-148.25
2.02
22.61% 44.15%
17.3B
3.7B
3.47% 27.21%
33.52
4.61
4.19% -7.24%
MID-CAP
10.1B
2.8B
9.61% 12.40%
25.61
3.6
4.35% 22.59%
5.7B
601.6M
2.88% 48.43%
-345.13
9.49
8.88% 70.93%
4.0B
563.1M
2.56% -27.99%
-19.14
7.08
28.98% 53.96%
3.0B
1.4B
13.82% 33.29%
33.87
2.11
-0.63% -44.79%
2.7B
525.8M
-4.35% -3.69%
-19.65
5.08
17.58% 4.56%
SMALL-CAP
1.6B
1.2B
3.71% -9.34%
20.12
1.34
8.09% 97.57%
952.3M
258.9M
8.80% -33.99%
23.76
3.68
-5.29% 1.20%
306.7M
592.7M
-5.14% -52.77%
10.94
0.52
9.29% 227.17%
8.2M
16.3M
3.95% -43.50%
-4.45
0.5
-2.49% -246.74%
7.2M
13.4M
-5.00% -86.76%
-0.77
0.54
-18.06% -46.22%

Confluent, Inc. News

Latest updates
Nasdaq07 Dec 202307:00 pm2 days ago
DirectorsTalk Interviews07 Dec 202302:33 pm2 days ago
Marketscreener.com06 Dec 202309:33 pm2 days ago
MarketBeat02 Dec 202311:20 am7 days ago
MarketBeat01 Dec 202308:32 pm8 days ago
InvestorsObserver30 Nov 202306:22 pm9 days ago
Stocks Register30 Nov 202312:03 pm9 days ago
Marketscreener.com30 Nov 202309:01 am9 days ago
Nasdaq29 Nov 202312:52 pm10 days ago
Investing.com27 Nov 202308:00 am12 days ago
DirectorsTalk Interviews24 Nov 202302:51 pm15 days ago
Yahoo Finance23 Nov 202308:00 am16 days ago
Insider Monkey21 Nov 202308:00 am18 days ago
InvestorsObserver15 Nov 202308:00 am24 days ago

Financials for Confluent, Inc.

Income Statement (Last 12 Months)
Income Statement (Quarterly)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q4
Revenue5.8%200,181,000189,285,000174,302,000168,666,000151,732,000139,407,000126,139,000119,928,000102,570,00088,338,00077,028,00070,324,00061,497,00053,852,000--
Gross Profit9.3%143,632,000131,365,000116,158,000114,717,00098,552,00089,898,00080,362,00073,782,00065,271,00058,329,00053,190,00049,407,00042,441,00036,162,000--
Operating Expenses0.6%252,264,000250,733,000282,251,000229,702,000217,452,000207,205,000191,844,000187,462,000160,022,000144,374,00098,334,00081,708,000182,438,00063,656,000--
  S&GA Expenses0.7%128,624,000127,770,000128,624,000122,684,000114,312,000112,754,000106,702,000100,625,00086,991,00073,206,00058,509,00047,838,00043,759,00036,447,000--
  R&D Expenses6.5%91,237,00085,677,00084,890,00071,809,00070,099,00064,472,00057,661,00056,686,00047,701,00033,225,00024,313,00021,861,00044,921,00018,875,000--
EBITDA Margin11.6%-0.59-0.67-0.75-0.75-0.84-0.89-0.92-0.87-0.75-1.00--0.97-1.43-0.48--0.63
Income Taxes-4.0%1,600,0001,667,0001,600,0002,204,0001,868,0001,510,000700,000424,000700,0002,200,000-100,000293,000-750,000-106,000--
Earnings Before Taxes10.5%-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 Margin11.2%-0.61-0.69-0.76-0.76-0.85-0.90-0.93-0.88-0.76-1.01--0.97-1.43-0.49--0.63
Net Income10.4%-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 Margin11.2%-0.62-0.70-0.78-0.77-0.86-0.90-0.94-0.88-0.77-1.02--0.97-1.43-0.49--0.63
Free Cashflow68.5%-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--20,742,000-9,384,000-26,485,500--17,697,000
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q4
Assets1.5%2,3622,3282,2932,3452,3142,3252,3182,3431,3101,318922526
  Current Assets1.3%2,1682,1402,1152,1982,1752,1922,1952,2261,2081,214-428
    Cash Equivalents1.4%3173133434365035301,0481,37758386044.0037.00
  Net PPE10.0%48.0044.0035.0029.0026.0022.0018.0014.0012.009.00-7.00
Liabilities0.4%1,5731,5661,5481,5751,5301,5281,4811,492339314286258
  Current Liabilities2.9%435423401424379376331348273249-194
Shareholder's Equity3.6%7897617457697847978368509711,004--
  Retained Earnings-6.4%-1,550-1,457-1,353-1,201-1,095-979-861-748-634-538--406
  Additional Paid-In Capital5.4%2,3492,2292,1031,9801,8921,7861,7031,6001,6051,542-100
Shares Outstanding-100.0%-298292-282278273-259119109109
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q4
Cashflow From Operations68.8%-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 Compensation-2.9%90.0092.0079.0076.0075.0069.0057.0058.0050.0035.0013.0010.00120---
Cashflow From Investing60.2%-11.52-28.94-52.48-49.55-12.72-491-311-196-26750.0014.00-1.7516.00---
Cashflow From Financing-4.8%26.0027.0038.008.0028.007.0038.001,0138.0080913.007.0017.00---

CFLT Income Statement

2023-09-30
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenue:    
Total revenue$ 200,181$ 151,732$ 563,768$ 417,278
Cost of revenue:    
Total cost of revenue56,54953,180172,613148,466
Gross profit143,63298,552391,155268,812
Operating expenses:    
Research and development91,23770,099261,804192,232
Sales and marketing128,624114,312385,018333,768
General and administrative31,87433,041103,57290,501
Restructuring and other related charges529034,8540
Total operating expenses252,264217,452785,248616,501
Operating loss(108,632)(118,900)(394,093)(347,689)
Other income, net17,5294,71950,3245,089
Loss before income taxes(91,103)(114,181)(343,769)(342,600)
Provision for income taxes1,5671,8684,8814,067
Net loss$ (92,670)$ (116,049)$ (348,650)$ (346,667)
Net loss per share, basic$ (0.3)$ (0.41)$ (1.17)$ (1.25)
Net loss per share, diluted$ (0.3)$ (0.41)$ (1.17)$ (1.25)
Weighted-average shares used to compute net loss per share, basic303,896,632282,267,230297,906,112277,840,258
Weighted-average shares used to compute net loss per share, diluted303,896,632282,267,230297,906,112277,840,258
Subscription [Member]    
Revenue:    
Total revenue$ 189,270$ 138,730$ 526,325$ 379,668
Cost of revenue:    
Total cost of revenue44,10438,417131,197107,628
Services [Member]    
Revenue:    
Total revenue10,91113,00237,44337,610
Cost of revenue:    
Total cost of revenue$ 12,445$ 14,763$ 41,416$ 40,838

CFLT Balance Sheet

2023-09-30
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 317,043$ 435,781
Marketable securities1,555,7491,491,044
Accounts receivable, net183,206178,188
Deferred contract acquisition costs41,17435,883
Prepaid expenses and other current assets70,88657,229
Total current assets2,168,0582,198,125
Property and equipment, net47,95029,089
Operating lease right-of-use assets10,93529,478
Goodwill and intangible assets, net45,6850
Deferred contract acquisition costs, non-current69,22468,401
Other assets, non-current19,81519,756
Total assets2,361,6672,344,849
Current liabilities:  
Accounts payable1,99321,439
Accrued expenses and other liabilities125,109105,331
Operating lease liabilities7,7417,375
Deferred revenue300,617290,185
Total current liabilities435,460424,330
Operating lease liabilities, non-current19,45725,136
Deferred revenue, non-current23,15232,644
Convertible senior notes, net1,087,3501,084,500
Other liabilities, non-current7,1928,762
Total liabilities1,572,6111,575,372
Commitments and contingencies (Note 9)
Stockholders' equity:  
Preferred stock, par value of $0.00001 per share; 10,000,000 shares authorized as of September 30 ,2023 and December 31, 2022; 0 shares issued and outstanding as of September 30, 2023 and December 31, 202200
Additional paid-in capital2,348,8741,980,335
Accumulated other comprehensive loss(9,766)(9,456)
Accumulated deficit(1,550,055)(1,201,405)
Total stockholders' equity789,056769,477
Total liabilities and stockholders' equity2,361,6672,344,849
Class A Common Stock [Member]  
Stockholders' equity:  
Common Stock, Value22
Class B Common Stock [Member]  
Stockholders' equity:  
Common Stock, Value$ 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
 WEBSITEwww.confluent.io
 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 Fri Dec 08 2023, market cap of Confluent, Inc. is 6.75 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. 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 Fri Dec 08 2023, CFLT's PE ratio (Price to Earnings) is -14.86 and Price to Sales (PS) ratio is 9.22. 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.