Confluent, Inc. operates a data streaming platform in the United States and internationally. The company provides platforms that allow customers to connect their applications, systems, and data layers, such as Confluent Cloud, a managed cloud-native software-as-a-service; and Confluent Platform, an enterprise-grade self-managed software. It offers connectors for existing applications, and IT and cloud infrastructure; Apache Flink services that allows teams to create reusable data streams that can be delivered real-time; ksqlDB, a data-in-motion database that allows users to build data-in-motion applications using a few SQL statements; stream governance, a managed data governance suite that is designed for the intricacies of streaming data, which allows teams to accelerate data streaming initiatives without bypassing controls for risk management and regulatory compliance; and stream designer which builds streaming data pipelines visually. In addition, the company offers professional services comprising packaged and residency offerings; education offerings consisting of instructor-led and self-paced training and certification guidance, technical resources, and access to hands-on training and certification exams; and certification programs. It serves banking and financial services industries, as well as retail and e-commerce, manufacturing, automotive, communication service providers, gaming, public sector, insurance, 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.
Market Dynamics | Analyst price targets range from $29 to $40, reflecting confidence in Confluent's growth prospects despite fierce competition and economic uncertainties |
AI-Driven Opportunities | Learn how Confluent's expansion into generative AI and machine learning applications is opening new revenue streams and solidifying its market position |
Financial Resilience | Delve into Confluent's robust financial health, impressive revenue growth, and improving profitability metrics amid market volatility and spending optimization |
Data Streaming Pionee | Explore Confluent's leadership in real-time data processing, its innovative solutions, and strategic acquisitions shaping the future of data streaming technology |
Metrics to compare | CFLT | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipCFLTPeersSector | |
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P/E Ratio | −33.1x | −20.8x | 11.6x | |
PEG Ratio | −1.22 | 1.29 | 0.01 | |
Price / Book | 11.9x | 10.5x | 2.4x | |
Price / LTM Sales | 11.8x | 7.3x | 2.2x | |
Upside (Analyst Target) | 9.0% | 7.7% | 21.0% | |
Fair Value Upside | Unlock | −11.2% | 3.9% | Unlock |