The Technical Analyst
Confluent, Inc. [CFLT]
Exchange: NASDAQ Sector: Technology Industry: Software—Infrastructure
Confluent, Inc. Price, Forecast, Insider, Ratings, Fundamentals & Signals
Current Signal: BUY (auto-tracking)
2.44% $29.60
America/New_York / 26 apr 2024 @ 12:50
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 9 252.04 mill |
| EPS: | -1.470 |
| P/E: | -20.13 |
| Earnings Date: | May 07, 2024 |
| SharesOutstanding: | 312.62 mill |
| Avg Daily Volume: | 5.06 mill |
| RATING 2024-04-26 |
|---|
| B- |
| Neutral |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Sell | |
| Return On Equity: | Strong Sell | |
| Return On Asset: | Strong Sell | |
| DE: | Strong Buy | |
| P/E: | Strong Sell | |
| Price To Book: | Strong Buy |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 3/22 | 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | ||||||
| Debt |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.00x |
| Company: PE -20.13 | sector: PE -1.697 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| -0.80x |
| Company: PE -20.13 | industry: PE 25.31 |
| DISCOUNTED CASH FLOW VALUE |
|---|
| N/A |
| N/A |
| Expected Trading Range (DAY) |
|---|
|
$ 28.43 - 30.74 ( +/- 3.90%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2024-03-20 | Verbowski Chad | Sell | 8 086 | Class A Common Stock |
| 2024-03-20 | Liu Ying Christina | Sell | 407 | Class A Common Stock |
| 2024-03-20 | Sivaram Rohan | Sell | 588 | Class A Common Stock |
| 2024-03-11 | Caimi Lara | Sell | 46 875 | Class B Common Stock |
| 2024-03-11 | Caimi Lara | Buy | 46 875 | Class A Common Stock |
| INSIDER POWER |
|---|
| -6.04 |
| Last 100 transactions |
| Buy: 14 981 401 | Sell: 16 939 054 |
Forecast:
14:29 - $29.56
Live Trading Signals (every 1 min)
Forecast
1: 12:59 - $29.57
Forecast 2: 13:49 - $29.51
Forecast 3: 14:29 - $29.56
SCORE
-10.00
Sell
-10.00
Sell
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $29.60 (2.44% ) |
| Volume | 1.494 mill |
| Avg. Vol. | 5.06 mill |
| % of Avg. Vol | 29.52 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For CFLT
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % | Feb 8 - 15:35 | buy | $32.51 | N/A | Active |
|---|
CFLT
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.
Latest Press Releases
2024-04-16 09:00:00 - Press Release
Confluent Announces Accelerate With Confluent, A Revamped And Services-led Partner Program For System Integrators
Mountain view, calif.--(business wire)--confluent, inc. (nasdaq:cflt), the data streaming pioneer, today announced accelerate with confluent, a program for systems integrators (sis) that prioritizes excellence in confluent professional services to empower partners to deliver comprehensive data streaming solutions. businesses hoping to thrive in today's digital-first world need a modern platform for data in motion, in order to provide stellar customer experiences and seamless business operations.
2024-04-08 20:15:00 - Press Release
Confluent Named A Google Cloud Partner Of The Year For The Fifth Time
Mountain view, calif.--(business wire)--confluent, inc. (nasdaq:cflt), the data streaming pioneer, announced it has been recognized as the google cloud technology partner of the year for data - smart analytics. with google's open cloud infrastructure alongside confluent's data streaming platform, companies have access to connected cloud and on-premises systems. confluent, in partnership with google cloud, simplifies the process for organizations to connect and process real-time data streams acr.
2024-04-08 08:30:00 - Press Release
Confluent To Announce First Quarter 2024 Financial Results On May 07, 2024
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 2024, which ended march 31, 2024, after the u.s. market close on tuesday, may 07, 2024. confluent will host a live video webcast to discuss the results. video webcast information date: tuesday, may 07, 2024 time: 1:30 p.m. pt / 4:30 p.m. et webcast: https://investors.confluent.io prior to the commencement of the webcast, c.
2024-04-08 08:00:00 - Press Release
Oscilar Unveils Groundbreaking Ai-powered Aml Risk Platform, Transforming Compliance For Fintechs, Sponsor Banks, And Financial Ecosystem
Introducing applied machine learning, generative ai, and analytical capabilities for real-time oversight and enhanced aml operations in fintech and banking menlo park, calif., april 8, 2024 /prnewswire/ -- oscilar, a leading force in ai-powered financial risk management, today publicly unveiled an industry-leading ai-powered aml risk platform at the acams summit in florida.
2024-04-03 09:00:00 - Press Release
Confluent Named A Leader In Two Idc Marketscape Reports Evaluating Data Streaming Technologies
Mountain view, calif.--(business wire)--confluent, inc. (nasdaq: cflt), the data streaming pioneer, today announced that it has been named as a leader in the idc marketscape for worldwide analytic stream processing software 2024 vendor assessment(1) and the idc marketscape for worldwide event brokering software 2024 vendor assessment(2). "we believe our position as a leader in both idc marketscapes is based on market recognition of data streaming platforms," says shaun clowes, chief product off.
Latest News
2024-04-21 14:05:15 - Seeking Alpha
Confluent: A Promising Growth Story Given Increasing Usage On Platform And Robust Innovation
Confluent: A Promising Growth Story Given Increasing Usage On Platform And Robust Innovation
2024-04-15 12:06:52 - The Motley Fool
Confluent Stock Has 26% Upside, According to 1 Wall Street Analyst
Mizuho cut its price target slightly on Confluent stock, but still sees it as having solid upside. While demand in some areas is strong, new customer growth and the government sector remain challenges.
2024-04-11 09:51:07 - Zacks Investment Research
These 2 Business Services Stocks Could Beat Earnings: Why They Should Be on Your Radar
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
2024-04-09 05:54:00 - The Motley Fool
Could Confluent Become the Next Salesforce?
Confluent's stock has slumped below its IPO price. Its business is still growing, but it faces macro and competitive headwinds.
2024-04-07 18:46:00 - The Motley Fool
Here Are My 3 Top Tech Stocks to Buy Right Now
Microsoft's strategy of infusing AI into its core products has proved to be a game changer. Amazon's leadership in cloud computing and e-commerce is set to continue.
2024-04-04 04:00:00 - The Motley Fool
This Under-the-Radar Announcement Makes Confluent My Top Growth Stock to Buy
2024-03-20 14:39:13 - Seeking Alpha
Confluent's Promising Path To Profitability (Rating Upgrade)
Confluent, Inc. has anticipated revenue growth rates of 27% CAGR in 2024 and a trajectory towards achieving 4% non-GAAP operating margins, validating my decision to change my rating from sell to buy. Despite challenges in navigating a crowded competitive landscape, Confluent's leadership position in the data streaming market and strategic partnerships bolster its position for sustained success. Confluent's near-term prospects show a promising improvement in profitability, influencing my recommendation positively.
2024-03-20 05:27:00 - The Motley Fool
Tech Sell-Off: 1 Growth Stock to Buy, and 1 to Sell
The Nasdaq-100 technology index is up 25% since the end of October 2023. The index appears to be taking a breather, and one once-popular technology stock is also wobbling.
2024-02-18 01:46:23 - Seeking Alpha
Confluent: Revenge Of The Bulls, Reiterating Long-Term Buy
Confluent's 4th quarter 2023 earnings exceeded expectations, boosting the company's growth trajectory. Confluent's data platform could be the new paradigm for stream processing as it emerges as a critical nervous system for data in motion. Confluent's collaboration with leading AI players could make it the preferred provider for large language model stream processing.
2024-02-17 06:10:00 - The Motley Fool
1 Unstoppable Stock Down 66% to Buy Hand Over Fist, According to Wall Street
Data streaming is an increasingly important capability for businesses. Confluent is the leader in the industry, yet it has only scratched the surface of its opportunity.