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Confluent (CFLT)

(Delayed Data from NSDQ)

$24.37 USD

24.37
2,981,009

-1.01 (-3.98%)

Updated Jul 24, 2024 04:00 PM ET

Pre-Market: $24.50 +0.13 (0.53%) 9:14 AM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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D Value D Growth C Momentum F VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 39% (98 out of 250)

Industry: Technology Services

Better trading starts here.

Zacks News

Are Options Traders Betting on a Big Move in Confluent (CFLT) Stock?

Investors need to pay close attention to Confluent (CFLT) stock based on the movements in the options market lately.

Confluent (CFLT) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Although the revenue and EPS for Confluent (CFLT) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Confluent (CFLT) Surpasses Q1 Earnings and Revenue Estimates

Confluent (CFLT) delivered earnings and revenue surprises of 150% and 2.68%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Curious about Confluent (CFLT) Q1 Performance? Explore Wall Street Estimates for Key Metrics

Evaluate the expected performance of Confluent (CFLT) for the quarter ended March 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

AppLovin (APP) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

AppLovin (APP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Why Investors Need to Take Advantage of These 2 Business Services Stocks Now

Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.

Confluent (CFLT) Reports Next Week: Wall Street Expects Earnings Growth

Confluent (CFLT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Automatic Data (ADP) to Report Q3 Earnings: What's in Cards?

Automatic Data (ADP) third-quarter fiscal 2024 revenues are likely to have benefitted from growth in new bookings.

Want Better Returns? Don?t Ignore These 2 Business Services Stocks Set to Beat Earnings

Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.

These 2 Business Services Stocks Could Beat Earnings: Why They Should Be on Your Radar

Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.

Is iShares MSCI USA Equal Weighted ETF (EUSA) a Strong ETF Right Now?

Smart Beta ETF report for EUSA

Is Confluent (CFLT) Outperforming Other Business Services Stocks This Year?

Here is how Confluent (CFLT) and Elastic (ESTC) have performed compared to their sector so far this year.

Compared to Estimates, Confluent (CFLT) Q4 Earnings: A Look at Key Metrics

While the top- and bottom-line numbers for Confluent (CFLT) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Confluent (CFLT) to Report Q4 Earnings: What's in the Offing?

Confluent's (CFLT) fourth-quarter 2023 earnings and revenues are likely to increase year over year.

What Analyst Projections for Key Metrics Reveal About Confluent (CFLT) Q4 Earnings

Get a deeper insight into the potential performance of Confluent (CFLT) for the quarter ended December 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Confluent (CFLT) Reports Next Week: Wall Street Expects Earnings Growth

Confluent (CFLT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Zacks.com featured highlights include Confluent, Pinterest, ICON and ImmunoGen

Confluent, Pinterest, ICON and ImmunoGen are part of the Zacks Screen of the Week article.

Down -41.9% in 4 Weeks, Here's Why Confluent (CFLT) Looks Ripe for a Turnaround

The heavy selling pressure might have exhausted for Confluent (CFLT) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Tirthankar Chakraborty headshot

4 Stocks to Invest in for Remarkable Earnings Acceleration

Invest in stocks such as Confluent (CFLT), Pinterest (PINS), ICON (ICLR) and ImmunoGen (IMGN) for solid earnings acceleration.

Confluent (CFLT) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

While the top- and bottom-line numbers for Confluent (CFLT) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Confluent (CFLT) Tops Q3 Earnings and Revenue Estimates

Confluent (CFLT) delivered earnings and revenue surprises of 300% and 2.75%, respectively, for the quarter ended September 2023. Do the numbers hold clues to what lies ahead for the stock?

Byrna Technologies Inc. (BYRN) Reports Q3 Loss, Tops Revenue Estimates

Byrna Technologies Inc. (BYRN) delivered earnings and revenue surprises of -333.33% and 1.21%, respectively, for the quarter ended August 2023. Do the numbers hold clues to what lies ahead for the stock?

Confluent (CFLT) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

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 to Wall Street estimates and year-ago values.

Confluent (CFLT) Reports Break-Even Earnings for Q2

Confluent (CFLT) delivered earnings and revenue surprises of 100% and 3.90%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Confluent (CFLT) Just Flashed Golden Cross Signal: Do You Buy?

Good things could be on the horizon when a stock surpasses the 20-day simple moving average. How should investors react?