stoxline Quote Chart Rank Option Currency Glossary
  
Confluent, Inc. (CFLT)
28.21  0.09 (0.32%)    05-01 16:00
Open: 28.41
High: 29.3
Volume: 2,299,028
  
Pre. Close: 28.12
Low: 27.94
Market Cap: 9,335(M)
Technical analysis
2024-05-01 4:44:45 PM
Short term     
Mid term     
Targets 6-month :  34.83 1-year :  37.22
Resists First :  29.82 Second :  31.87
Pivot price 28.39
Supports First :  26.52 Second :  22.06
MAs MA(5) :  28.76 MA(20) :  28.7
MA(100) :  27.67 MA(250) :  28.97
MACD MACD :  -0.5 Signal :  -0.6
%K %D K(14,3) :  51.2 D(3) :  62.6
RSI RSI(14): 43.5
52-week High :  41.22 Low :  14.68
Price, MAs and Bollinger Bands

Price has closed below its short-term moving average. Short-term moving average is currently below mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is BEARISH in short-term; and NEUTRAL in mid-long term.
[ CFLT ] has closed above bottom band by 44.3%. Bollinger Bands are 39.3% narrower than normal. The current width of the bands does not suggest anything about the future direction or movement of prices.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 29.31 - 29.46 29.46 - 29.61
Low: 27.61 - 27.75 27.75 - 27.9
Close: 27.98 - 28.21 28.21 - 28.44
Company Description

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.

Headline News

Tue, 30 Apr 2024
Confluent (CFLT) Set to Announce Quarterly Earnings on Tuesday - Defense World

Tue, 30 Apr 2024
Confluent (CFLT) Reports Next Week: Wall Street Expects Earnings Growth - Yahoo Finance

Tue, 30 Apr 2024
Confluent, Inc. (NASDAQ:CFLT) Holdings Raised by Handelsbanken Fonder AB - Defense World

Sun, 28 Apr 2024
Sigma Planning Corp Grows Stake in Confluent, Inc. (NASDAQ:CFLT) - Defense World

Sat, 27 Apr 2024
Confluent, Inc. (NASDAQ:CFLT) Stake Trimmed by Xponance Inc. - Defense World

Wed, 17 Apr 2024
Confluent Enters Oversold Territory (CFLT) - Nasdaq

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Outperform
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Underperform
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Underperform
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Underperform
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Underperform
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Outperform
Stock Basics & Statistics
Exchange:
NASDAQ
Sector:
Technology
Industry:
Software - Infrastructure
Shares Out 226 (M)
Shares Float 214 (M)
Held by Insiders 4.2 (%)
Held by Institutions 86.8 (%)
Shares Short 19,850 (K)
Shares Short P.Month 15,700 (K)
Stock Financials
EPS -1.48
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 2.59
Profit Margin -57 %
Operating Margin -28.8 %
Return on Assets (ttm) -11 %
Return on Equity (ttm) -56.1 %
Qtrly Rev. Growth 26.3 %
Gross Profit (p.s.) 0
Sales Per Share 3.43
EBITDA (p.s.) -1.8
Qtrly Earnings Growth 0 %
Operating Cash Flow -104 (M)
Levered Free Cash Flow 110 (M)
Stock Valuations
PE Ratio -19.2
PEG Ratio 1.2
Price to Book value 10.85
Price to Sales 8.2
Price to Cash Flow -61.47
Stock Dividends
Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

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