Confluent Inc
General ticker "CFLT" information:
- Sector: Information Technology
- Industry: Software
- Capitalization: $10.2B
Confluent Inc follows the US Stock Market performance with the rate: 14.9%.
Estimated limits based on current volatility of 2.8%: low 28.59$, high 30.26$
Factors to consider:
- US accounted for 61.8% of revenue in the fiscal year ended 2022-12-31
- Price in estimated range
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [18.40$, 35.51$]
- 2024-12-30 to 2025-12-30 estimated range: [19.36$, 37.17$]
Financial Metrics affecting the CFLT estimates:
- Negative: Non-GAAP EPS, $ of -0.30 <= 0.10
- Negative: Operating profit margin, % of -36.36 <= 1.03
- Negative: negative Net income
- Negative: Operating cash flow per share per price, % of -1.47 <= 2.35
- Positive: -0.96 < Investing cash flow per share, $ of -0.28
Short-term CFLT quotes
Long-term CFLT plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $387.86MM | $585.94MM | $776.95MM |
| Operating Expenses | $727.48MM | $1,048.62MM | $1,220.87MM |
| Operating Income | $-339.62MM | $-462.67MM | $-443.92MM |
| Non-Operating Income | $-0.01MM | $16.42MM | $37.24MM |
| Interest Expense | $0.00MM | $0.00MM | $3.80MM |
| R&D Expense | $161.93MM | $264.04MM | $348.75MM |
| Income(Loss) | $-339.63MM | $-446.26MM | $-406.67MM |
| Taxes | $3.17MM | $6.29MM | $36.07MM |
| Profit(Loss) | $-342.80MM | $-452.55MM | $-442.75MM |
| Stockholders Equity | $850.28MM | $769.48MM | $810.41MM |
| Inventory | $0.00MM | $35.88MM | $0.00MM |
| Assets | $2,342.73MM | $2,344.85MM | $2,460.81MM |
| Operating Cash Flow | $-105.06MM | $-157.33MM | $-103.66MM |
| Capital expenditure | $8.94MM | $14.46MM | $20.68MM |
| Investing Cash Flow | $-400.58MM | $-865.80MM | $-84.85MM |
| Financing Cash Flow | $1,844.51MM | $82.24MM | $102.37MM |
| Earnings Per Share* | $-1.26 | $-1.62 | $-1.47 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.