Core Viewpoint - Confluent's stock has experienced significant growth, rising 59% over the past six months, driven by strong quarterly results and positive guidance, indicating continued momentum in the data-streaming market [1][2]. Group 1: Financial Performance - Confluent's revenue for 2024 increased by 24% to $964 million, with a forecasted total addressable market growth to $100 billion, highlighting substantial growth potential [3]. - The company reported a nearly sevenfold increase in its bottom line to $0.29 per share, surpassing initial guidance of $0.17 per share [6]. - Management anticipates a 21% increase in earnings to $0.35 per share in 2025, alongside a 16% revenue spike, suggesting a strong outlook for continued growth [7]. Group 2: Customer Growth and Retention - Confluent's dollar-based net retention rate was 117%, indicating that existing customers are increasing their spending year over year [5]. - The number of customers with an annual recurring revenue (ARR) exceeding $1 million grew by 23% year over year, outpacing the overall customer base growth of 17% [6]. Group 3: Strategic Partnerships - Confluent has established a multiyear strategic partnership with Jio Platforms Limited, which could significantly expand its customer base as it becomes the first data streaming services provider on JioCloud Services [8]. - The company has also expanded its partnership with Databricks, integrating its data streaming platform with Databricks' data intelligence platform to enhance real-time data capabilities for AI-driven decision-making [9]. Group 4: Valuation Metrics - Confluent's price/earnings-to-growth (PEG) ratio is 0.8, indicating that the stock is undervalued relative to its expected earnings growth over the next five years [11].

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.Confluent (CFLT 0.26%) stock is still trading 62% below its best-ever level which was set during the tech frenzy in 2021. It was undeniably overvalued back then, but the company's industry-leading data streaming technology has found a new use case thanks to artificial intelligence (AI), so now might be a great time for ...

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.A solid quarter, and a pair of new collaborationsConfluent's quarterly performance impressed not only investors, but a swarm of analysts that published b ...

Over the past months, I’ve been bullish on Confluent, Inc. (NASDAQ: CFLT ) thanks to its consumption-based revenue model and its potential to report record Q4 2024 revenues. My bullish thesis has been proven by the company’s latest Q4 andAs a former managing editor at a financial media publication focused on mid and small caps, I am using my experience to present investment opportunities in undervalued companies. My experience, combined with my academic background in financial markets and institutions, allo ...

Shares of Confluent (CFLT 21.89%) are seeing explosive gains in Wednesday's trading. The data streaming specialist's share price was up 20% as of 11:45 a.m. ET today. Meanwhile, the S&P 500 index was down 0.7%, and the Nasdaq Composite index was down 0.4%.Confluent published its fourth-quarter results after the market closed yesterday and reported sales and earnings for the period that beat Wall Street's expectations. The company also announced some new partnerships that appear to have investors excited.Con ...

CANADA - 2025/02/10: In this photo illustration, the Confluent, Inc. logo is seen displayed on a ... [+] smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesConfluent (NASDAQ: CFLT), a data streaming company, recently announced its Q4 results, surpassing market expectations for both revenue and earnings. The company reported $261 million in revenue and adjusted earnings of $0.09 per share, slightly above analysts' consensus ...

Investor Presentation February 11, 2025 Disclaimer This presentation includes express and implied forward-looking statements. All statements contained in this presentation other than statements of historical facts, including expectations of Confluent, Inc. ("we,ˮ "us,ˮ "our,ˮ or "Confluentˮ) regarding our revenue, revenue mix, revenue growth, expenses and other results of operations; total customers; net dilution; operating margins and margin improvements, targeted or anticipated margin levels; future finan ...

Confluent, Inc. (NASDAQ:CFLT) Q4 2024 Earnings Conference Call February 11, 2025 4:30 PM ET Company Participants Shane Xie - Investor Relations Jay Kreps - Co-Founder & Chief Executive Officer Rohan Sivaram - Chief Financial Officer Conference Call Participants Matthew Hedberg - RBC Michael Turrin - Wells Fargo Brad Zelnick - Deutsche Bank Sanjit Singh - Morgan Stanley Raimo Lenschow - Barclays Pinjalim Bora - JPMorgan Robbie Owens - Piper Sandler Kash Rangan - Goldman Sachs Howard Ma - Guggenheim Gregg Mos ...

For the quarter ended December 2024, Confluent (CFLT) reported revenue of $261.22 million, up 22.5% over the same period last year. EPS came in at $0.09, compared to $0.09 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $256.83 million, representing a surprise of +1.71%. The company delivered an EPS surprise of +80.00%, with the consensus EPS estimate being $0.05.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Str ...

Confluent (CFLT) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 80%. A quarter ago, it was expected that this data infrastructure software maker would post earnings of $0.05 per share when it actually produced earnings of $0.10, delivering a surprise of 100%.Over the last four quarte ...