Menu
sharewise sharewise
Log in
Sign up
Log in
Sign up
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.
Get an introduction to all features of this page

Confluent Inc. Stock

Price
Target price
€19.10

€19.10

-0.020%
-0.004
-0.020%
€36.00
 
23.08.24 / Tradegate WKN: A3CS43 / Name: Confluent Inc. / Stock / ? /
Please give a prediction to see the opinions of the community
Buy
None
Sell
sharewise uses Wisdom of crowds to gather information regarding a security. Wisdom of crowds works best if you do not see the predictions of others before giving your estimate. Please click one button to see how the community sees this security.
Your prediction
Pros and Cons of Confluent Inc. in the next few years
Wizard

Confluent Inc. Stock

There is nearly no change for the Confluent Inc. stock today. Compared to yesterday it only changed by -€0.004.
Currently there is a rather positive sentiment for Confluent Inc. with 4 Buy predictions and 0 Sell predictions.
As a result the target price of 36 € shows a very positive potential of 88.5% compared to the current price of 19.1 € for Confluent Inc..
What does Confluent Inc. do?

Pros and Cons of Confluent Inc. in the next few years

Pros
?
C******** o* t** e**********
?
S********** s********
?
W********* I********* f** t** n*** y****
Cons
?
M***** P*******
?
B****
?
G***** c******* t* c**********
Tell us your opinion to access the 'Wisdom of the Crowds'
Your Opinion
Legal notice

sharewise BeanCounterBot

The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.
Last updated at 2024-08-01

Analyzing the financials of Confluent Inc. reveals a company that is experiencing its share of challenges yet also showcasing potential in specific areas. The numbers suggest that Confluent is in a phase of growth and transformation, which is common among tech firms, particularly in the data streaming industry. However, the overall outlook is nuanced, with several strengths and weaknesses to consider.

Starting with a general view, Confluent's market capitalization stands at approximately $7.04 billion, indicating a robust valuation, particularly if the company can leverage its technology to capture more market share. However, the negative EBITDA of approximately -$384 million raises red flags about profitability, and it's clear that the company is not yet in a position to return profits to shareholders. In an industry that's highly competitive and constantly evolving, cash flow management and operational efficiency will be crucial for long-term success.

Market Capitalization: With a market capitalization of over $7 billion, Confluent is considered a significant player in the data streaming segment. This level of valuation can attract more investors and signals confidence in the company’s long-term prospects.

Show more
Register To Post