CFLT RSI Chart
Last 7 days
-1.0%
Last 30 days
-5.0%
Last 90 days
14.7%
Trailing 12 Months
22.8%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 819.9M | 0 | 0 | 0 |
2023 | 634.1M | 684.0M | 732.4M | 777.0M |
2022 | 437.0M | 488.0M | 537.2M | 585.9M |
2021 | 262.7M | 297.2M | 338.3M | 387.9M |
2020 | 0 | 178.7M | 207.7M | 236.6M |
2019 | 0 | 0 | 0 | 149.8M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 20, 2024 | sivaram rohan | sold | -18,345 | 31.2 | -588 | chief financial officer |
Mar 20, 2024 | liu ying christina | sold | -12,698 | 31.2 | -407 | chief accounting officer |
Mar 20, 2024 | verbowski chad | sold | -252,283 | 31.2 | -8,086 | chief technology officer |
Mar 11, 2024 | caimi lara | acquired | - | - | 46,875 | - |
Mar 11, 2024 | caimi lara | sold | -1,495,280 | 31.8993 | -46,875 | - |
Mar 08, 2024 | schultz erica | acquired | - | - | 63,729 | president, field operations |
Mar 08, 2024 | schultz erica | sold | -2,104,970 | 33.03 | -63,729 | president, field operations |
Mar 07, 2024 | schultz erica | gifted | - | - | -3,000 | president, field operations |
Mar 06, 2024 | kreps edward jay | sold | -7,823,090 | 33.6477 | -232,500 | chief executive officer |
Mar 06, 2024 | kreps edward jay | acquired | - | - | 232,500 | chief executive officer |
Which funds bought or sold CFLT recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 06, 2024 | Manchester Capital Management LLC | unchanged | - | 43.00 | 184 | -% |
May 06, 2024 | Jefferies Financial Group Inc. | reduced | -98.84 | -988,524 | 9,126 | -% |
May 06, 2024 | SG Americas Securities, LLC | reduced | -76.93 | -371,000 | 160,000 | -% |
May 06, 2024 | Van Hulzen Asset Management, LLC | sold off | -100 | -210,000 | - | -% |
May 06, 2024 | REGENTS OF THE UNIVERSITY OF CALIFORNIA | new | - | 842,331 | 842,331 | 0.24% |
May 06, 2024 | Advisory Services Network, LLC | sold off | -100 | -64,046 | - | -% |
May 06, 2024 | Parallel Advisors, LLC | added | 10.76 | 167,842 | 545,331 | 0.01% |
May 06, 2024 | HighTower Advisors, LLC | reduced | -84.59 | -1,714,000 | 431,000 | -% |
May 06, 2024 | Concentrum Wealth Management | unchanged | - | 81,524 | 349,454 | 0.16% |
May 06, 2024 | DiNuzzo Private Wealth, Inc. | reduced | -60.00 | -55.00 | 62.00 | -% |
Unveiling Confluent, Inc.'s Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Confluent, Inc.)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
MSFT | 3.0T | 236.6B | 35.29 | 12.85 | ||||
ADBE | 220.5B | 19.9B | 45.94 | 11.06 | ||||
CRWD | 74.6B | 3.1B | 835.11 | 24.41 | ||||
SQ | 44.1B | 22.9B | 88.59 | 1.93 | ||||
AKAM | 15.4B | 3.8B | 28.13 | 4.04 | ||||
FFIV | 9.9B | 2.8B | 19.79 | 3.54 | ||||
MID-CAP | ||||||||
ALTR | 7.1B | 619.6M | 742.16 | 11.48 | ||||
HCP | 6.4B | 583.1M | -33.34 | 10.9 | ||||
ACIW | 3.8B | 1.5B | 25.9 | 2.56 | ||||
APPN | 2.3B | 560.0M | -21.7 | 4.17 | ||||
SMALL-CAP | ||||||||
CSGS | 1.2B | 1.2B | 19.38 | 1.07 | ||||
ATEN | 1.2B | 254.7M | 25.25 | 4.53 | ||||
BAND | 597.2M | 634.3M | -20.46 | 0.94 | ||||
DTSS | 18.7M | 7.0M | -2.18 | 2.91 | ||||
BLIN | 12.5M | 15.6M | -1.25 | 0.8 |
Confluent, Inc. News
Income Statement (Quarterly) | ||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2019Q4 |
Revenue | 1.9% | 217,237,000 | 213,184,000 | 200,181,000 | 189,285,000 | 174,302,000 | 168,666,000 | 151,732,000 | 139,407,000 | 126,139,000 | 119,928,000 | 102,570,000 | 88,338,000 | 77,028,000 | 70,324,000 | 61,497,000 | 53,852,000 | - |
Gross Profit | -0.1% | 156,016,000 | 156,127,000 | 143,632,000 | 131,365,000 | 116,158,000 | 114,717,000 | 98,552,000 | 89,898,000 | 80,362,000 | 73,782,000 | 65,271,000 | 58,329,000 | 53,190,000 | 49,407,000 | 42,441,000 | 36,162,000 | - |
Operating Expenses | 11.0% | 267,367,000 | 240,807,000 | 252,264,000 | 250,733,000 | 282,251,000 | 229,702,000 | 217,452,000 | 207,205,000 | 191,844,000 | 187,462,000 | 160,022,000 | 144,374,000 | 98,334,000 | 81,708,000 | 182,438,000 | 63,656,000 | - |
S&GA Expenses | 9.5% | 131,352,000 | 119,911,000 | 128,624,000 | 127,770,000 | 128,624,000 | 122,684,000 | 114,312,000 | 112,754,000 | 106,702,000 | 100,625,000 | 86,991,000 | 73,206,000 | 58,509,000 | 47,838,000 | 43,759,000 | 36,447,000 | - |
R&D Expenses | 12.2% | 97,571,000 | 86,948,000 | 91,237,000 | 85,677,000 | 84,890,000 | 71,809,000 | 70,099,000 | 64,472,000 | 57,661,000 | 56,686,000 | 47,701,000 | 33,225,000 | 24,313,000 | 21,861,000 | 44,921,000 | 18,875,000 | - |
EBITDA Margin | 20.1% | -0.40 | -0.51 | -0.59 | -0.67 | -0.75 | -0.75 | -0.84 | -0.89 | -0.92 | -0.87 | -0.75 | -1.00 | -0.91 | -0.97 | -0.45 | -0.53 | -0.63 |
Income Taxes | -92.1% | 2,466,000 | 31,174,500 | 1,600,000 | 1,667,000 | 1,647,000 | 2,188,000 | 1,900,000 | 1,510,000 | 700,000 | 439,000 | 700,000 | 2,170,000 | -100,000 | 261,000 | -800,000 | -100,000 | - |
Earnings Before Taxes | -43.9% | -90,501,000 | -62,905,000 | -91,103,000 | -101,758,000 | -150,908,000 | -103,658,000 | -114,181,000 | -116,121,000 | -112,298,000 | -114,009,000 | -94,982,000 | -86,000,000 | -44,636,000 | -31,495,000 | -138,891,000 | -26,402,000 | - |
EBT Margin | 19.3% | -0.42 | -0.52 | -0.61 | -0.69 | -0.76 | -0.76 | -0.85 | -0.90 | -0.93 | -0.88 | -0.76 | -1.01 | -0.92 | -0.97 | -0.46 | -0.53 | -0.63 |
Net Income | 1.2% | -92,967,000 | -94,096,000 | -92,670,000 | -103,425,000 | -152,555,000 | -105,884,000 | -116,049,000 | -117,631,000 | -112,987,000 | -114,439,000 | -95,666,000 | -88,170,000 | -44,526,000 | -31,756,000 | -138,141,000 | -26,296,000 | - |
Net Income Margin | 18.0% | -0.47 | -0.57 | -0.62 | -0.70 | -0.78 | -0.77 | -0.86 | -0.90 | -0.94 | -0.88 | -0.77 | -1.02 | -0.92 | -0.97 | -0.46 | -0.53 | -0.63 |
Free Cashflow | -335.1% | -26,140,000 | 11,119,000 | -9,423,000 | -29,869,000 | -78,318,000 | -28,084,000 | -42,796,000 | -34,656,000 | -55,918,000 | -25,240,000 | -18,592,000 | -44,196,000 | -20,632,000 | -20,742,000 | -9,384,000 | - | - |
Balance Sheet | ||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2020Q4 |
Assets | -0.9% | 2,440 | 2,461 | 2,362 | 2,328 | 2,293 | 2,345 | 2,314 | 2,325 | 2,318 | 2,343 | 1,310 | 1,318 | 526 |
Current Assets | -1.1% | 2,226 | 2,252 | 2,168 | 2,140 | 2,115 | 2,198 | 2,175 | 2,192 | 2,195 | 2,226 | 1,208 | 1,214 | 428 |
Cash Equivalents | -3.8% | 336 | 350 | 317 | 313 | 343 | 436 | 503 | 530 | 1,048 | 1,376 | 583 | 860 | 38.00 |
Net PPE | 14.1% | 62.00 | 54.00 | 48.00 | 44.00 | 35.00 | 29.00 | 26.00 | 22.00 | 18.00 | 14.00 | 12.00 | 9.00 | 7.00 |
Liabilities | -3.4% | 1,594 | 1,650 | 1,573 | 1,566 | 1,548 | 1,575 | 1,530 | 1,528 | 1,481 | 1,492 | 339 | 314 | 258 |
Current Liabilities | -9.8% | 439 | 487 | 435 | 423 | 401 | 424 | 379 | 376 | 331 | 348 | 273 | 249 | 194 |
Long Term Debt | 0.1% | 1,089 | 1,088 | 1,087 | 1,086 | 1,085 | 1,085 | 1,084 | 1,083 | 1,082 | 1,081 | - | - | - |
LT Debt, Non Current | -100.0% | - | 1,088 | 1,087 | 1,086 | 1,085 | 1,085 | 1,084 | 1,083 | 1,082 | 1,081 | - | - | - |
Shareholder's Equity | 4.3% | 845 | 810 | 789 | 761 | 745 | 769 | 784 | 797 | 836 | 850 | 971 | 1,004 | - |
Retained Earnings | -5.7% | -1,737 | -1,644 | -1,550 | -1,457 | -1,353 | -1,201 | -1,095 | -979 | -861 | -748 | -634 | -538 | -406 |
Additional Paid-In Capital | 5.4% | 2,585 | 2,453 | 2,349 | 2,229 | 2,103 | 1,980 | 1,892 | 1,786 | 1,703 | 1,600 | 1,605 | 1,542 | 100 |
Shares Outstanding | 4.5% | 314 | 301 | 298 | 295 | 292 | 280 | 282 | 276 | 273 | 189 | 163 | 119 | 104 |
Float | -100.0% | - | 7,357 | - | - | - | - | - | 3,223 | - | - | - | 1,308 | - |
Cashflow (Quarterly) | ||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2019Q4 |
Cashflow From Operations | -312.1% | -25.95 | 12.00 | -9.06 | -29.06 | -77.77 | -27.08 | -41.75 | -33.47 | -55.03 | -23.88 | -18.03 | -43.17 | -19.99 | -20.39 | -9.18 | - | - |
Share Based Compensation | 7.3% | 95.00 | 89.00 | 90.00 | 92.00 | 79.00 | 76.00 | 75.00 | 69.00 | 57.00 | 58.00 | 50.00 | 35.00 | 13.00 | 10.00 | 120 | - | - |
Cashflow From Investing | -307.2% | -16.76 | 8.00 | -11.52 | -28.94 | -52.48 | -49.55 | -12.72 | -491 | -311 | -196 | -267 | 50.00 | 14.00 | -1.75 | 16.00 | - | - |
Cashflow From Financing | 173.4% | 30.00 | 11.00 | 26.00 | 27.00 | 38.00 | 8.00 | 28.00 | 7.00 | 38.00 | 1,013 | 8.00 | 809 | 13.00 | 7.00 | 17.00 | - | - |
Buy Backs | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Consolidated Statements of Operations - USD ($) $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Revenue: | |||
Total revenue | $ 776,952 | $ 585,944 | $ 387,864 |
Cost of revenue: | |||
Total cost of revenue | 229,670 | 202,415 | 137,292 |
Gross profit | 547,282 | 383,529 | 250,572 |
Operating expenses: | |||
Research and development | 348,752 | 264,041 | 161,925 |
Sales and marketing | 504,929 | 456,452 | 319,331 |
General and administrative | 137,520 | 125,710 | 108,936 |
Restructuring and other related charges | 34,854 | 0 | 0 |
Total operating expenses | 1,026,055 | 846,203 | 590,192 |
Operating loss | (478,773) | (462,674) | (339,620) |
Other income (expense), net | 72,099 | 16,416 | (7) |
Loss before income taxes | (406,674) | (446,258) | (339,627) |
Provision for income taxes | 36,072 | 6,293 | 3,174 |
Net loss | $ (442,746) | $ (452,551) | $ (342,801) |
Net loss per share, basic | $ (1.47) | $ (1.62) | $ (1.82) |
Net loss per share, diluted | $ (1.47) | $ (1.62) | $ (1.82) |
Weighted-average shares used to compute net loss per share, basic | 300,727,487 | 280,080,357 | 188,627,720 |
Weighted-average shares used to compute net loss per share, diluted | 300,727,487 | 280,080,357 | 188,627,720 |
Subscription [Member] | |||
Revenue: | |||
Total revenue | $ 729,112 | $ 535,009 | $ 347,099 |
Cost of revenue: | |||
Total cost of revenue | 176,004 | 146,324 | 94,860 |
Services [Member] | |||
Revenue: | |||
Total revenue | 47,840 | 50,935 | 40,765 |
Cost of revenue: | |||
Total cost of revenue | $ 53,666 | $ 56,091 | $ 42,432 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 349,761 | $ 435,781 |
Marketable securities | 1,551,009 | 1,491,044 |
Accounts receivable, net | 229,962 | 178,188 |
Deferred contract acquisition costs | 43,937 | 35,883 |
Prepaid expenses and other current assets | 76,986 | 57,229 |
Total current assets | 2,251,655 | 2,198,125 |
Property and equipment, net | 54,012 | 29,089 |
Operating lease right-of-use assets | 10,061 | 29,478 |
Goodwill and intangible assets, net | 55,490 | 0 |
Deferred contract acquisition costs, non-current | 75,815 | 68,401 |
Other assets, non-current | 13,776 | 19,756 |
Total assets | 2,460,809 | 2,344,849 |
Current liabilities: | ||
Accounts payable | 6,714 | 21,439 |
Accrued expenses and other liabilities | 141,847 | 105,331 |
Operating lease liabilities | 7,890 | 7,375 |
Deferred revenue | 330,570 | 290,185 |
Total current liabilities | 487,021 | 424,330 |
Operating lease liabilities, non-current | 17,391 | 25,136 |
Deferred revenue, non-current | 22,436 | 32,644 |
Convertible senior notes, net | 1,088,313 | 1,084,500 |
Other liabilities, non-current | 35,233 | 8,762 |
Total liabilities | 1,650,394 | 1,575,372 |
Commitments and contingencies (Note 9) | ||
Stockholders' equity: | ||
Preferred stock, par value of $0.00001 per share; 10,000,000 shares authorized as of December 31, 2023 and December 31, 2022; 0 shares issued and outstanding as of December 31, 2023 and December 31, 2022 | 0 | 0 |
Additional paid-in capital | 2,453,293 | 1,980,335 |
Accumulated other comprehensive income (loss) | 1,270 | (9,456) |
Accumulated deficit | (1,644,151) | (1,201,405) |
Total stockholders' equity | 810,415 | 769,477 |
Total liabilities and stockholders' equity | 2,460,809 | 2,344,849 |
Class A Common Stock [Member] | ||
Stockholders' equity: | ||
Common Stock, Value | 2 | 2 |
Class B Common Stock [Member] | ||
Stockholders' equity: | ||
Common Stock, Value | $ 1 | $ 1 |
 | Mr. Edward Kreps |
---|---|
 | confluent.io |
 | Software - Infra |
 | 2761 |