Confluent, Inc. Stock News

Growth stocks have roared back to life after a rough 2022. Confluent and NovoCure are two high-growth companies with attractive long-term value propositions.

Confluent just reported its financial results for the second quarter of 2023. The company's revenue came in above forecasts for the ninth consecutive quarter.

The data specialist flipped to an adjusted net profit in its second quarter. It also happened to do far better than analysts were predicting.

While the top- and bottom-line numbers for Confluent (CFLT) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare

Confluent (CFLT) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to loss of $0.16 per share a year ago.

Investing in growth stocks gives investors an excellent chance to grow their wealth.

Confluent's data streaming platform now serves thousands of customers. The company takes Apache Kafka and removes much of the pain from administering the complex piece of software.

Cybersecurity firm Zscaler protects customers from cyberattacks and data loss. Toast's cloud-based software platform helps restaurant operators run their businesses more efficiently.

The Nasdaq-100 index has only declined in consecutive years on one occasion since 1986. Every other time it has suffered an annual loss, it has roared back with a monster gain the very next year.

Confluent stock fell on news of an analyst downgrade that also withdrew a price target for the stock. Confluent stock is considered overpriced right now due to its slowing growth.

MongoDB is winning workloads for its Atlas cloud database at a record pace. Confluent is positioning itself as the best way to glue together a complex IT infrastructure.

Confluent took a roundtrip back to its IPO price over the past two years. It faces tough macro headwinds, but the business is still growing.

Confluent NASDAQ: CFLT is a small data-streaming platform about to hit the big time. Its cloud-native services connect and process data in real-time, providing a vital service for business and industr

Jay Kreps, Confluent co-founder, chairman and CEO, joins 'Mad Money' host Jim Cramer to talk hom the data streaming service works, how companies are utilizing Confluent in connection to A.I., and more

Guggenheim downgraded its rating on Confluent stock from buy to hold today. A new filing with the SEC also showed that a member of Confluent's board of directors sold shares on Monday.