Confluent Inc
NASDAQ:CFLT

Watchlist Manager
Confluent Inc Logo
Confluent Inc
NASDAQ:CFLT
Watchlist
Price: 31.52 USD 2.97% Market Closed
Market Cap: 10.3B USD
Have any thoughts about
Confluent Inc?
Write Note

Confluent Inc
Cash Equivalents

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
|

Confluent Inc
Cash Equivalents Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Cash Equivalents CAGR 3Y CAGR 5Y CAGR 10Y
Confluent Inc
NASDAQ:CFLT
Cash Equivalents
$349.8m
CAGR 3-Years
112%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Salesforce Inc
NYSE:CRM
Cash Equivalents
$7.7B
CAGR 3-Years
7%
CAGR 5-Years
17%
CAGR 10-Years
26%
Palantir Technologies Inc
NYSE:PLTR
Cash Equivalents
$831m
CAGR 3-Years
-26%
CAGR 5-Years
-6%
CAGR 10-Years
N/A
Applovin Corp
NASDAQ:APP
Cash Equivalents
$502.2m
CAGR 3-Years
17%
CAGR 5-Years
13%
CAGR 10-Years
N/A
Intuit Inc
NASDAQ:INTU
Cash Equivalents
$2.9B
CAGR 3-Years
0%
CAGR 5-Years
12%
CAGR 10-Years
18%
Adobe Inc
NASDAQ:ADBE
Cash Equivalents
$7.1B
CAGR 3-Years
22%
CAGR 5-Years
32%
CAGR 10-Years
23%
No Stocks Found

Confluent Inc
Glance View

Market Cap
10.3B USD
Industry
Technology

Confluent Inc., founded in 2014 by the creators of Apache Kafka, has emerged as a leader in the realm of real-time data streaming and event-driven architecture, fundamentally transforming how businesses harness their data. Designed to streamline data flow across various systems, Confluent's platform enables organizations to manage, store, and process vast amounts of data in real-time, facilitating timely decision-making and enhancing operational efficiency. With an impressive array of use cases—from improving customer experiences to optimizing supply chain logistics—Confluent empowers companies to become more agile and responsive in a fast-paced digital landscape. The rapid surge in demand for data-driven applications has once again highlighted the importance of reliable, scalable data infrastructure, positioning Confluent as a pivotal player in this space. For investors, Confluent represents an attractive opportunity amid increasing global emphasis on data integration and real-time analytics. The company has established a robust subscription model, contributing significantly to its recurring revenue, while continuously expanding its customer base across diverse industries—from finance and retail to technology and healthcare. With a sophisticated offering complemented by strong partnerships, including alliances with major cloud providers, Confluent is not just keeping pace but is actively shaping the future of how businesses operate with data. As organizations increasingly recognize the necessity of real-time insights to navigate competitive landscapes, Confluent stands at the forefront, promising a compelling growth trajectory in an era dominated by data-driven decision-making.

CFLT Intrinsic Value
15.72 USD
Overvaluation 50%
Intrinsic Value
Price

See Also

What is Confluent Inc's Cash Equivalents?
Cash Equivalents
349.8m USD

Based on the financial report for Dec 31, 2023, Confluent Inc's Cash Equivalents amounts to 349.8m USD.

What is Confluent Inc's Cash Equivalents growth rate?
Cash Equivalents CAGR 3Y
112%

Over the last year, the Cash Equivalents growth was -20%. The average annual Cash Equivalents growth rates for Confluent Inc have been 112% over the past three years .

Back to Top