CFLT Stock Recent News

Confluent's latest results indicate that customer spending on its data streaming platform remains robust. The demand for Confluent's offerings should continue improving as it sees its addressable market growing to $100 billion by 2025.

Confluent is growing its roster of large customers at a rapid rate and is beginning to see economies of scale. Datadog's platform is proving valuable to its customer base.

Data streaming powers many of our live experiences online, and Confluent is a leading developer of the technology. Confluent has barely scratched the surface of what could be a $100 billion annual opportunity in data streaming.

Although the revenue and EPS for Confluent (CFLT) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Confluent (CFLT) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to loss of $0.09 per share a year ago.

Rocket Lab USA is in the right place at the right time with the right solution. The amount of digital data is exploding, and Confluent helps companies get a handle on this challenge.

Evaluate the expected performance of Confluent (CFLT) for the quarter ended March 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Confluent: A Promising Growth Story Given Increasing Usage On Platform And Robust Innovation

Mizuho cut its price target slightly on Confluent stock, but still sees it as having solid upside. While demand in some areas is strong, new customer growth and the government sector remain challenges.

Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.