Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Confluent, Inc. operates a data streaming platform in the United States and internationally. It offers Confluent Cloud, a managed cloud-native service for connecting and processing data; and Confluent Platform, an enterprise-grade self-managed software that connects and processes data in real-time with the foundational platform for data in motion. It also provides Kafka Connect that enables...
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. Specifically, the stock is 'expensive' on P/E, overpriced
Target Price
The average target price of CFLT is 29 and suggests 6% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to decrea
Buy
Sell