Confluent Inc Class A CFLT
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
-
Confluent Invests in Onibex and Psyncopate Amid Increased Demand for Complete Data Streaming Platforms
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Confluent Launches OEM Program to Help Partners Quickly and Confidently Grow Their Business with Data Streaming
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Confluent Supercharges Apache Flink® Offering with New Developer Tools and Enterprise-Ready Security
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Confluent Acquires WarpStream to Advance Next-Gen BYOC Data Streaming
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Confluent to Present at Upcoming Investor Conferences
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Confluent Announces Second Quarter 2024 Financial Results
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Confluent to Announce Second Quarter 2024 Financial Results on July 31, 2024
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Stocks to Watch: Disney, Confluent, Blue Bird
Trading Information
- Previous Close Price
- $19.69
- Day Range
- $19.46–20.14
- 52-Week Range
- $14.69–35.07
- Bid/Ask
- $19.72 / $19.70
- Market Cap
- $6.36 Bil
- Volume/Avg
- 5.8 Mil / 4.3 Mil
Key Statistics
- Price/Earnings (Normalized)
- 80.22
- Price/Sales
- 7.09
- Dividend Yield (Trailing)
- 0.00%
- Dividend Yield (Forward)
- 0.00%
- Total Yield
- < 0.01%
Company Profile
Confluent Inc is a new category of data infrastructure designed to connect all the applications, systems, and data layers of a company around a real-time central nervous system. Its products include Confluent Platform; Connectors; ksqlDB and others. The company generates revenue from the sale of subscriptions and services. Geographically, it derives a majority of its revenue from the United States. The company provides solutions to Financial Services; Insurance; Retail and eCommerce; Automotive; Government and other sectors.
- Sector
- Technology
- Industry
- Software - Infrastructure
- Stock Style Box
- Small Growth
- Total Number of Employees
- 2,744
- Website
- https://www.confluent.io
Comparables
Valuation
|
Metric
|
CFLT
|
HCP
|
MDB
|
|---|---|---|---|
Price/Earnings (Normalized) | 80.22 | 154.55 | 88.95 |
Price/Book Value | 7.26 | 5.57 | 14.61 |
Price/Sales | 7.09 | 10.72 | 10.76 |
Price/Cash Flow | 150.90 | 294.10 | 73.83 |
Price/Earnings
CFLT
HCP
MDB
Financial Strength
|
Metric
|
CFLT
|
HCP
|
MDB
|
|---|---|---|---|
Quick Ratio | 4.21 | 3.52 | 4.76 |
Current Ratio | 4.44 | 3.71 | 5.03 |
Interest Coverage | — | — | −33.63 |
Quick Ratio
CFLT
HCP
MDB
Profitability
|
Metric
|
CFLT
|
HCP
|
MDB
|
|---|---|---|---|
Return on Assets (Normalized) | 3.09% | 2.67% | 8.76% |
Return on Equity (Normalized) | 9.17% | 3.63% | 22.68% |
Return on Invested Capital (Normalized) | 3.88% | −0.87% | 8.17% |
Return on Assets
CFLT
HCP
MDB
Software - Infrastructure Industry Comparables
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1-Day Chart
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United States