CFLT Stock Recent News

Confluent (CFLT -7.19%) stock is seeing a big valuation pullback Friday. The company's share price was down 7.9% as of 2:30 p.m.

RIYADH, Saudi Arabia--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, today announced sccc by stc—a leading cloud services provider in Saudi Arabia—has joined the Confluent OEM Program as a managed service provider (MSP) to make data streaming more accessible in Saudi Arabia. The new partnership aligns with Saudi Vision 2030, an initiative that prioritizes technical innovation, by helping accelerate digital transformations across key industries including finance, ret.

Confluent's strong Q4 results and bullish FY25 outlook indicate the stock's rally has further momentum, making it a compelling buy for long-term holders. Confluent's leadership in data streaming, wide applicability across industries in a $100 billion TAM, and nearly pure subscription revenue base create a reliable and sticky revenue stream. The company's Q4 revenue grew 23% y/y to $261.2 million, beating expectations, with subscription revenue expected to maintain above 20% growth in FY25.

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ: CFLT), the data streaming pioneer, today announced that its management will present at the following upcoming investor conference: Morgan Stanley Technology, Media & Telecom Conference Date: Wednesday, March 5, 2025 Time: 10:45 a.m. PT / 1:45 p.m. ET A live webcast and a replay of each presentation will be available on Confluent's investor relations website at investors.confluent.io. About Confluent Confluent is the data strea.

Confluent (CFLT -4.89%) stock has been on a stunning run in the past six months, rising an impressive 59% as of this writing. That red-hot run by the data-streaming platform provider is poised to continue following the release of its fourth-quarter 2024 results.

The S&P 500 (^GSPC 0.24%) continues to set new record highs, extending the raging bull market which began when the index bottomed in October 2022. However, not every stock has followed along.

Data streaming company Confluent (CFLT -3.77%) was streaming stock market success in recent trading sessions. Following the release of its fourth-quarter and full-year 2024 financial results, investors leaped on the stock; as of early Friday morning its price had risen by almost 21% week to date, according to data compiled by S&P Global Market Intelligence.

Confluent reported record revenues, non-GAAP net income, and free cash flow in Q4 2024. Confluent's strong liquidity position and free cash flow generation could help it pursue growth opportunities or initiate share buyback programs to limit the dilutive impact of its SBC. Confluent's diversified offerings portfolio and latest partnership with Databricks could accelerate new customer adds.

Shares of Confluent (CFLT 21.26%) are seeing explosive gains in Wednesday's trading. The data streaming specialist's share price was up 20% as of 11:45 a.m.

Confluent, Inc. CFLT reported better-than-expected fourth-quarter financial results on Tuesday.