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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.

In the same way, What is confluent Wikipedia? Confluent is an American big data company found by three LinkedIn Engineers led by Jay Kreps. It is focused on the open source Apache Kafka real-time messaging technology that Kreps, Neha, and Jun created and developed.

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.”

Similarly, 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.

Besides 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.

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.

What is Confluent and Kafka?

Confluent Control Center is a GUI-based system for managing and monitoring Kafka. It allows you to easily manage Kafka Connect, to create, edit, and manage connections to other systems.

Who is Jun Rao?

Executive Bio. Jun Rao serves as the Co-founder of Confluent. Jun Rao and the Confluent executive team are rated an A+ by 51 employees.

Is confluent making money?

Confluent is guiding for $377 million in revenue for 2021, which represents 60% growth from 2020.

Is confluent doing well?

This strategy has resulted in very impressive growth for Confluent. In the third quarter of 2021, revenue grew 67% year over year, and customers spending over $100,000 increased 48%. Its net retention rate is also strong at 130%, meaning existing customers spent 30% more in Q3 2021 than they did in Q3 2020.

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.

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 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 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 is a VGM score?

We also produce the 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. This is perfectly suited for those who want their stocks to have the best scores across the board.

Why use Kafka over RabbitMQ?

Kafka and RabbitMQ Messaging Patterns

While RabbitMQ uses exchanges to route messages to queues, Kafka uses more of a pub/sub approach. A producer sends its messages to a specific topic. A single consumer or multiple consumers—a “consumer group”—can consume those messages.

Who is using Confluent?

And its own customers include Audi, Capital One, JPMorgan Chase, and Priceline, among others. Audi uses the Confluent Platform and Kafka to support its autonomous car development.

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.)

Is Kafka an ETL tool?

Organisations use Kafka for a variety of applications such as building ETL pipelines, data synchronisation, real-time streaming and much more. This article aims at providing you with a step-by-step guide to help you set up Kafka ETL using various methods.

What is confluent company?

Confluent offers a streaming platform based on Apache Kafka that enables companies to easily access data as real-time streams. Mountain View, California, United States. 1001-5000. Private Equity. Public.

Who owns Confluent?

Who owns Confluent? Confluent is owned by a variety of shareholders, with Benchmark as the largest at 15.3% ownership of Confluent’s common stock. Other stakes are held by the likes of Sequoia Capital (9.3%), Index Ventures (13%) and Jun Rao (10.6%).

What kind of company is Confluent?

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

What does Confluent do?

Confluent Platform is a full-scale data streaming platform that enables you to easily access, store, and manage data as continuous, real-time streams.

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.

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.

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