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.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if CFLT is a good fit for your portfolio.
News
-
Confluent Announces Accelerate with Confluent, a Revamped and Services-Led Partner Program for System Integrators
-
Confluent Named a Google Cloud Partner of the Year for the Fifth Time
-
Confluent to Announce First Quarter 2024 Financial Results on May 07, 2024
-
Oscilar Unveils Groundbreaking AI-Powered AML Risk Platform, Transforming Compliance for Fintechs, Sponsor Banks, and Financial Ecosystem
-
Confluent Named a Leader in Two IDC MarketScape Reports Evaluating Data Streaming Technologies
-
Confluent Announces General Availability of Confluent Cloud for Apache Flink®, Simplifying Stream Processing to Power Next-Gen Apps
-
Confluent Unveils Tableflow to Unite Analytics and Operations with Data Streaming
-
Confluent to Present at Upcoming Investor Conferences
Trading Information
- Previous Close Price
- $28.89
- Day Range
- $27.74–28.54
- 52-Week Range
- $14.69–41.20
- Bid/Ask
- $28.31 / $28.33
- Market Cap
- $8.87 Bil
- Volume/Avg
- 985,189 / 5.1 Mil
Key Statistics
- Price/Earnings (Normalized)
- 622.33
- Price/Sales
- 11.18
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- 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
|
AVDX
|
---|---|---|---|
Price/Earnings (Normalized) | 622.33 | — | 112.59 |
Price/Book Value | 11.10 | 4.79 | 3.69 |
Price/Sales | 11.18 | 9.69 | 6.29 |
Price/Cash Flow | — | — | 78.26 |
Price/Earnings
CFLT
HCP
AVDX
Financial Strength
Metric
|
CFLT
|
HCP
|
AVDX
|
---|---|---|---|
Quick Ratio | 4.38 | 3.32 | 0.30 |
Current Ratio | 4.62 | 3.50 | 1.25 |
Interest Coverage | — | — | −3.96 |
Quick Ratio
CFLT
HCP
AVDX
Profitability
Metric
|
CFLT
|
HCP
|
AVDX
|
---|---|---|---|
Return on Assets (Normalized) | 0.55% | −3.46% | 0.57% |
Return on Equity (Normalized) | 1.69% | −4.67% | 1.89% |
Return on Invested Capital (Normalized) | 0.69% | −8.86% | 0.81% |
Return on Assets
CFLT
HCP
AVDX
Software - Infrastructure Industry Comparables
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
---|---|---|---|---|---|
MSFT
| Microsoft Corp | Nfkrjmfyk | Pfcn | $3.0 Tril | |
ORCL
| Oracle Corp | Lmshd | Mkznkc | $317.0 Bil | |
ADBE
| Adobe Inc | Dptqrdvzgj | Fcmp | $213.7 Bil | |
PANW
| Palo Alto Networks Inc | Nwtqgjdz | Cbg | $94.9 Bil | |
SNPS
| Synopsys Inc | Fypckxxs | Nvwgbrq | $80.5 Bil | |
CRWD
| CrowdStrike Holdings Inc Class A | Mpztmmgws | Ctklvb | $72.0 Bil | |
FTNT
| Fortinet Inc | Mqsksbbhk | Bgmjj | $49.9 Bil | |
PLTR
| Palantir Technologies Inc Ordinary Shares - Class A | Vzhfcqyp | Nkjyhgm | $47.8 Bil | |
SQ
| Block Inc Class A | Pwmrdcdv | Bzdhl | $45.6 Bil | |
NET
| Cloudflare Inc | Hxslktdqd | Nwctxnl | $29.8 Bil |