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Is CFLT stock a good buy?

Out of 16 analysts, 4 (25%) are recommending CFLT as a Strong Buy, 4 (25%) are recommending CFLT as a Buy, 8 (50%) are recommending CFLT as a Hold, 0 (0%) are recommending CFLT as a Sell, and 0 (0%) are recommending CFLT as a Strong Sell. What is CFLT’s earnings growth forecast for 2022-2024?

In the same way, Why is upstart stock crashing? Upstart stock crashes after the lender cut its full-year outlook.

Why did confluent drop today? What happened. Shares of Confluent (CFLT -16.00%), a data streaming company, were falling today on seemingly no company-specific news. Instead, investors were likely selling their shares as the technology sector in general continued sliding due to economic uncertainty.

Similarly, Is confluent public? 28, 2021– Confluent, Inc. (NASDAQ: CFLT), the platform for data in motion, today announced the closing of its initial public offering of 23,000,000 shares of Class A common stock at a price to the public of $36.00 per share.

Besides How does confluent make money? Confluent is an American tech company providing real-time data access to help businesses better manage their operations. Confluent makes money by selling Confluent Cloud, a fully-managed cloud-native service for Apache Kafka. Prices ultimately depend on the size of the business and its resource-based needs.

What does confluent company do?

Confluent is building a business on top of open-source data-processing software called Apache Kafka that its founding team created in 2010 while at LinkedIn. Apache Kafka, the free version, is now used by thousands of companies and tens of thousands of users, with downloads up 400% in the first six months of 2015.

Is Confluent a good investment?

Confluent Inc has a Earnings Estimate Score of 65, which is Positive.

Is Confluent profitable?

Confluent’s profitability is not as impressive. The company lost $96 million in Q3 — representing 94% of revenue. Additionally, the company’s free cash flow is negative, losing $20.5 million in free cash flow in Q3 alone.

What kind of company is Confluent?

Confluent is the complete event streaming platform and fully managed Kafka service.

Is Confluent stock a buy?

Confluent has received a consensus rating of Buy. The company’s average rating score is 2.50, and is based on 8 buy ratings, 8 hold ratings, and no sell ratings.

Is Confluent expensive?

Apache Kafka® is free, and Confluent Cloud is very cheap for small use cases, about $1 a month to produce, store, and consume a GB of data. As your usage scales and your requirements become more sophisticated, your cost will scale too.

Is Confluent growing?

“Our accelerating growth throughout the year, highlighted by a 200% increase in full year 2021 Confluent Cloud revenue at large scale, shows that Confluent has emerged as the leader of this large and growing market as organizations build toward a central nervous system for their data.”

Is Confluent a good company?

Is Confluent a good company to work for? Confluent has an overall rating of 4.4 out of 5, based on over 225 reviews left anonymously by employees. 85% of employees would recommend working at Confluent to a friend and 89% have a positive outlook for the business. This rating has decreased by -4% over the last 12 months.

How do I invest in Confluent?

How to buy shares in Confluent

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Who is the owner of Confluent?

Jay Kreps – CEO – Confluent | LinkedIn.

Who is Confluent competitors?

Confluent competitors include Red Hat, Databricks, Cloudera, MemSQL and StreamSets. Confluent ranks 1st in CEO Score on Comparably vs its competitors.

What is Confluent vs Kafka?

While other Kafka solutions only support the Java client, Confluent provides a broad set of battle-tested clients for popular programming languages, including Python, C/C++, Go, and . NET. We also provide ksqlDB, a streaming database to build end-to-end applications on top of Kafka with the ease and familiarity of SQL.

Is Confluent a buy Zacks?

Zacks Investment Research upgraded shares of Confluent (NASDAQ:CFLT – Get Rating) from a hold rating to a buy rating in a research report report published on Tuesday, Zacks.com reports.

Why Kafka is better than RabbitMQ?

RabbitMQ’s queues are fastest when they’re empty, while Kafka retains large amounts of data with very little overhead – Kafka is designed for holding and distributing large volumes of messages. (If you plan to have very long queues in RabbitMQ you could have a look at lazy queues.)

What is the difference between Apache Kafka and confluent Kafka?

While both platforms fall under big data technologies, they are classified into different categories. Confluent Kafka falls under the data processing category in the big data. On the other hand, Apache Kafka falls under the data operations category as it is a message queuing system.

How does Kafka make money?

The rapid enterprise uptake of Kafka, coupled with the vital role it plays in adopters’ technology infrastructure, has presented abundant revenue opportunities for Confluent. The startup makes money by selling professional services and commercial tools aimed at making the event processing platform easier to use.

How many customers does confluent have?

As of March 31, 2021, Confluent had a total of 2,540 customers, up from 1,050 on March 31, 2020. Current customers include 136 of the Fortune 500, which contributed approximately 35 percent of the company’s revenue in the quarter ended March 31, 2021.

What is confluent growth?

“Confluent growth” means a continuous bacterial growth covering the entire filtration area of a membrane filter, or a portion thereof, in which bacterial colonies are not discrete.

What is it like to work at Confluent?

Employees at Confluent are extremely happy with their total compensation at Confluent, which includes a combination of pay, stock and equity, and benefits. Overall, employees at Confluent are extremely happy with their team. 61 Participants grade the quality of their coworkers an A+.

How much does Confluent enterprise cost?

Apache Kafka® is free, and Confluent Cloud is very cheap for small use cases, about $1 a month to produce, store, and consume a GB of data.

Who is confluent competitors?

Confluent competitors include Red Hat, Databricks, Cloudera, MemSQL and StreamSets. Confluent ranks 1st in CEO Score on Comparably vs its competitors.

Does confluent go IPO?

Confluent went public on Thursday with an IPO on the NASDAQ stock exchange under the stock symbol CFLT, with an initial share price of $36.

Is confluent a startup?

Commercial Apache Kafka startup Confluent Inc. today set the terms of its initial public offering, seeking to raise up to $759 million on a potential $8.33 billion valuation. Confluent announced on April 23 that it had confidentially filed to go public.

What do you think?

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