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- Market Cap.:
- $6.29 billion
- Book Value:
- Revenue TTM:
- $585.94 million
- Operating Margin TTM:
- Gross Profit TTM:
- $384.70 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Confluent Inc had its IPO on 2021-06-24 under the ticker symbol CFLT.
The company operates in the Technology sector and Software-Infrastructure industry. Confluent Inc has a staff strength of 2,761 employees.
Shares of Confluent Inc opened at $22 at the start of the last trading session i.e. 2023-03-21.
The stocks traded within a range of $21.93 - $23.42, and closed at $23.15.
This is a +7.13% increase from the previous day's closing price.
A total volume of 2,276,113 shares were traded at the close of the day’s session.
In the last one week, shares of Confluent Inc have increased by +4.47%.
Confluent Inc's Key Ratios
Confluent Inc has a market cap of $6.29 billion, indicating a price to book ratio of 8.6882 and a price to sales ratio of 12.2354.
In the last 12-months Confluent Inc’s revenue was $585.94 million with a gross profit of $384.70 million and an EBITDA of $-453953984. The EBITDA ratio measures Confluent Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Confluent Inc’s operating margin was -78.77% while its return on assets stood at -12.31% with a return of equity of -55.88%.
In Q4, Confluent Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 40.6%.
Confluent Inc’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $-1.6 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Confluent Inc’s profitability.
Confluent Inc stock is trading at a EV to sales ratio of 11.1489 and a EV to EBITDA ratio of -13.1619. Its price to sales ratio in the trailing 12-months stood at 12.2354.
Confluent Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $2.34 billion
- Total Liabilities
- $424.33 million
- Operating Cash Flow
- Capital Expenditure
- $3.79 million
- Dividend Payout Ratio
Confluent Inc ended 2023 with $2.34 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.34 billion while shareholder equity stood at $769.48 million.
Confluent Inc ended 2023 with $0 in deferred long-term liabilities, $424.33 million in other current liabilities, 3000.00 in common stock, $-1201405000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $435.78 million and cash and short-term investments were $1.93 billion. The company’s total short-term debt was $7,375,000 while long-term debt stood at $1.08 billion.
Confluent Inc’s total current assets stands at $2.20 billion while long-term investments were $0 and short-term investments were $1.49 billion. Its net receivables were $178.19 million compared to accounts payable of $21.44 million and inventory worth $0.
In 2023, Confluent Inc's operating cash flow was $0 while its capital expenditure stood at $3.79 million.
Comparatively, Confluent Inc paid $0 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Confluent Inc stock is currently trading at $23.15 per share. It touched a 52-week high of $44.97 and a 52-week low of $44.97. Analysts tracking the stock have a 12-month average target price of $30.12.
Its 50-day moving average was $23.6 and 200-day moving average was $24.3 The short ratio stood at 3.78 indicating a short percent outstanding of 0%.
Around 654.1% of the company’s stock are held by insiders while 8569.1% are held by institutions.
Frequently Asked Questions About Confluent Inc
Similar Industry Stocks (Software-Infrastructure)
Confluent, Inc. operates a data streaming platform in the United States and internationally. The company offers Confluent Cloud, a managed cloud-native service for connecting and processing real-time data; and Confluent Platform, an enterprise-grade self-managed software that connects and processes data. It also provides Kafka Connect, an open-source component that works as a centralized data hub for simple data integration between databases, key-value stores, search indexes, and file 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 Apache Kafka without bypassing requirements for risk management and regulatory compliance. In addition, the company offers training and professional services. It serves automotive, communication, financial services, gaming, government, insurance, manufacturing, retail and ecommerce, 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.