Confluent Stock Today

CFLT Stock  USD 30.57  0.72  2.30%   

Performance

15 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 26

 
High
 
Low
Below Average
Confluent is selling for under 30.57 as of the 28th of November 2024; that is 2.3 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 30.57. Confluent has about a 26 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat good performance during the last 90 days. Equity ratings for Confluent are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Software & Services
IPO Date
24th of June 2021
Category
Technology
Classification
Information Technology
Confluent, Inc. operates a data streaming platform in the United States and internationally. Confluent, Inc. was incorporated in 2014 and is headquartered in Mountain View, California. Confluent Inc operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. The company has 258.09 M outstanding shares of which 17.33 M shares are currently shorted by private and institutional investors with about 3.68 trading days to cover. More on Confluent

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Confluent Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President OperationsErica Schultz
Business ConcentrationApplication Software, Software - Infrastructure, Information Technology, ISE Cloud Computing, NASDAQ Composite, Information Technology, Software, Software—Infrastructure, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.420.3157
Significantly Up
Slightly volatile
Gross Profit Margin0.540.7044
Way Down
Slightly volatile
Total Current Liabilities345 M487 M
Way Down
Slightly volatile
Non Current Liabilities Total950.3 M1.2 B
Significantly Down
Slightly volatile
Total Assets1.7 B2.5 B
Way Down
Slightly volatile
Total Current Assets1.6 B2.3 B
Way Down
Slightly volatile
Debt Levels
Confluent can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Confluent's financial leverage. It provides some insight into what part of Confluent's total assets is financed by creditors.
Liquidity
Confluent currently holds 1.11 B in liabilities with Debt to Equity (D/E) ratio of 1.4, which is about average as compared to similar companies. Confluent has a current ratio of 5.71, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Confluent's use of debt, we should always consider it together with its cash and equity.

Other Cashflows From Financing Activities

72.6 Million
Confluent (CFLT) is traded on NASDAQ Exchange in USA. It is located in 899 West Evelyn Avenue, Mountain View, CA, United States, 94041 and employs 2,744 people. Confluent is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 10.26 B. Confluent conducts business under Software sector and is part of Information Technology industry. The entity has 258.09 M outstanding shares of which 17.33 M shares are currently shorted by private and institutional investors with about 3.68 trading days to cover. Confluent currently holds about 1.96 B in cash with (103.66 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.94.
Check Confluent Probability Of Bankruptcy
Ownership Allocation
Confluent holds a total of 258.09 Million outstanding shares. The majority of Confluent outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Confluent to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Confluent. Please pay attention to any change in the institutional holdings of Confluent as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Confluent Ownership Details

Confluent Stock Institutional Holders

InstituionRecorded OnShares
State Street Corp2024-06-30
4.5 M
Geode Capital Management, Llc2024-09-30
4.3 M
Polar Capital Holdings Plc2024-06-30
4.2 M
First Trust Advisors L.p.2024-06-30
M
Bank Of New York Mellon Corp2024-06-30
3.5 M
Optimus Prime Fund Management Co., Ltd.2024-09-30
3.1 M
Atreides Management, Lp2024-09-30
2.7 M
Citadel Advisors Llc2024-09-30
2.7 M
Norges Bank2024-06-30
2.7 M
Blackrock Inc2024-06-30
31.1 M
Vanguard Group Inc2024-09-30
24.2 M
View Confluent Diagnostics

Confluent Historical Income Statement

At this time, Confluent's Interest Expense is comparatively stable compared to the past year. Reconciled Depreciation is likely to gain to about 13.1 M in 2024, whereas Interest Income is likely to drop slightly above 4.2 M in 2024. View More Fundamentals

Confluent Stock Against Markets

Confluent Corporate Management

Kong PhanChief OfficerProfile
Melanie VinsonChief OfficerProfile
Shaun ClowesChief OfficerProfile
Colleen McCrearyChief OfficerProfile
Ying LiuChief OfficerProfile
Gunjan AggarwalChief OfficerProfile
Shane XieInvestor OfficerProfile

Additional Tools for Confluent Stock Analysis

When running Confluent's price analysis, check to measure Confluent's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Confluent is operating at the current time. Most of Confluent's value examination focuses on studying past and present price action to predict the probability of Confluent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Confluent's price. Additionally, you may evaluate how the addition of Confluent to your portfolios can decrease your overall portfolio volatility.