Data streaming is a little-known technology that plays a big role in everyday lives. It allows e-commerce websites, stock trading platforms, and even artificial intelligence (AI) app developers to create live experiences for their users.Confluent (CFLT 3.03%) is the leading provider of data streaming technology, and it believes the industry could be worth more than $100 billion this year. Based on the company's current revenue, it has barely scratched the surface of that opportunity so far.Confluent stock i ...

The technology sector is a dynamic and ever-evolving market terrain where innovation is paramount to survival and growth. Cutting-edge developments are revolutionizing industries, creating a wealth of unique opportunities for investors who know where to look. Three companies are at the forefront of this transformation, each a leader in its respective field: Confluent Inc. NASDAQ: CFLT, SentinelOne Inc. NYSE: S, and Coupang Inc. NYSE: CPNG. All three companies demonstrate impressive growth trajectories and p ...

Confluent (NASDAQ: CFLT ) is a company that has recently come to my radar. The company generated free cash flow for the first time on a trailing twelve-month basis. I believe that the company’s data streaming offering couldNine to 5 by day. Hobbyist stock trader by night. I got an MBA and a CFA ... so that should count for something. I only care about my own greedy interests and I love feeding trolls. Not your financial advisor. Information for entertainment purposes only. Diamond hands are forever.Analyst’ ...

It has been a year since I last wrote about Confluent shares for Seeking Alpha. In that time, the company’s shares have seen a fairBert Hochfeld graduated with a degree in economics from the University of Pennsylvania and received an MBA from Harvard. Mr. Hochfeld has enjoyed a long career in the tech world, working for IBM, Memorex/Telex, Raytheon Data Systems, and BMC Software. Starting in the 1990s, Mr. Hochfeld worked as a sell-side analyst and won awards from the Wall Street Journal for his coverage of ...

Investors looking for a growth stock may be tempted to buy this company, but they shouldn't ignore one key factor.Data streaming platform provider Confluent (CFLT -1.62%) is seeing a remarkable turnaround in its fortunes on the stock market of late. After rising rapidly earlier in 2024, the stock started going downhill and was underperforming the broader technology sector recently, but it has made a huge jump since the beginning of October.More specifically, Confluent stock is up 45% since Oct. 1 (as of thi ...

New offering intended to protect against projected $40 billion in AI-powered fraud by 2027.PALO ALTO, Calif., Nov. 14, 2024 /PRNewswire/ -- Oscilar, the AI Risk Decisioning™ pioneer, today unveiled its groundbreaking Cognitive Identity Intelligence Platform to combat the rising tide of AI-powered fraud. The platform's proprietary "Digital & Behavior Identification" technology fundamentally transforms digital identity verification in an era where traditional solutions are increasingly vulnerable to sophistic ...

Confluent TodayCFLTConfluent$27.70 +0.33 (+1.21%) 52-Week Range$17.26▼$35.07Price Target$30.88Add to WatchlistConfluent Inc. NASDAQ: CFLT is a leading data streaming platform provider. Data streaming is the continuous transmission of data, usually in real-time, like stock market data, social media feeds, and GPS navigation. This continuous flow of data is in contrast to batch processing, which collects and processes data in chunks like billing and payroll systems.Get Confluent alerts:The Complexities of Da ...

In August, I initiated my coverage on Confluent, Inc. (NASDAQ: CFLT ) with a buy rating on its dip following Q2 earnings’ conservative guidance in light of the company’s growth potential in the data streaming market and its consumptionAs 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, allows ...

Technical Analysis - Confluent (CFLT) has reached an important support level and surpassed resistance at the 200-day moving average, indicating a long-term bullish trend [1] - The 200-day simple moving average is a key indicator for determining overall long-term market trends for various financial instruments [1] Recent Performance - CFLT has moved 33.4% higher over the last four weeks, suggesting potential for further gains [2] - The company currently holds a Zacks Rank 3 (Hold), indicating a neutral outlook [2] Earnings Estimates - Positive earnings estimate revisions support a bullish case for CFLT, with no estimates decreasing in the past two months and two estimates increasing [2] - The consensus estimate for the current fiscal year has also increased, reinforcing the positive outlook [2][3] Investment Outlook - A combination of favorable earnings estimate revisions and key technical levels suggests that investors should monitor CFLT for potential gains in the near future [3]

Data streaming represents a big opportunity for investors, especially as artificial intelligence adoption grows.E-commerce websites, sports betting apps, and even stock trading platforms constantly feed real-time data to their users to create live experiences. That requires a specialized technology called data streaming, and Confluent (CFLT 1.56%) is an industry-leading provider.Demand for data streaming is only going to grow over time, especially as more businesses adopt artificial intelligence (AI), which ...