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Confluent (DE:8QR)
FRANKFURT:8QR
Confluent (8QR) Stock Price & Analysis
2 Followers
8QR Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€14.50 - €34.73
Previous Close€26.28
Volume0.00
Average Volume (3M)311.00
Market Cap
€8.79B
Enterprise Value€8.05B
Total Cash (Recent Filing)$1.90B
Total Debt (Recent Filing)$1.11B
Price to Earnings (P/E)N/A
Beta0.82
Next Earnings
May 07, 2024EPS Estimate
€0.02Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding312,621,864
10 Day Avg. Volume74
30 Day Avg. Volume311
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)11.68
Price to Sales (P/S)28.35
Price to Cash Flow (P/CF)180.20
P/FCF Ratio323.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue10.37
Enterprise Value/Gross Profit14.72
Enterprise Value/Ebitda-18.84
Forecast
1Y Price Target
€30.99Price Target Upside17.93% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering22
Confluent News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceCloud revenue grew by 46% year-over-year, exceeding expectations and demonstrating Confluent's strong growth trajectory in the cloud segment.
Market ExpansionConfluent has a significant opportunity to convert a large base of Kafka users to their managed services, which can drive substantial revenue growth.
Product LaunchConfluent's launch of the new Flink stream processing service is likely to enhance the company’s product offerings and support top-line growth.
Bears Say
Competitive PositionElevated competitive intensity versus the native streaming offerings from the cloud hyperscalers.
Product LaunchThe launch of Confluent's Flink service was previously delayed, which could have impacted initial expectations.
Sales StrategyThe transition to a consumption-based sales force compensation program may create near-term sales headwinds and cash flow challenges.
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Options Prices
Currently, No data available
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Ownership Overview
9.75% Insiders
30.28% Mutual Funds
16.31% Other Institutional Investors
43.66% Public Companies and
Individual Investors
8QR FAQ
What was Confluent’s price range in the past 12 months?
Confluent lowest stock price was €14.50 and its highest was €34.73 in the past 12 months.
What is Confluent’s market cap?
Currently, no data Available
When is Confluent’s upcoming earnings report date?
Confluent’s upcoming earnings report date is May 07, 2024 which is in 3 days.
How were Confluent’s earnings last quarter?
Confluent released its earnings results on Feb 07, 2024. The company reported €0.084 earnings per share for the quarter, beating the consensus estimate of €0.047 by €0.037.
Is Confluent overvalued?
According to Wall Street analysts Confluent’s price is currently Undervalued.
Does Confluent pay dividends?
Confluent does not currently pay dividends.
What is Confluent’s EPS estimate?
Confluent’s EPS estimate is €0.02.
How many shares outstanding does Confluent have?
Confluent has 244,160,000 shares outstanding.
What happened to Confluent’s price movement after its last earnings report?
Confluent reported an EPS of €0.084 in its last earnings report, beating expectations of €0.047. Following the earnings report the stock price went up 23.536%.
Which hedge fund is a major shareholder of Confluent?
Among the largest hedge funds holding Confluent’s share is Altimeter Capital Management, LLC. It holds Confluent’s shares valued at 345M.
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Confluent Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
€30.99 (17.93% Upside)
€30.99 (17.93% Upside)
Blogger Sentiment
Bullish
DE:8QR Sentiment 100%
Sector Average 68%
Sector Average 68%
Insider Transactions
Sold Shares
Worth $20.0M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
43.33%
12-Months-Change
Fundamentals
Return on Equity
-56.05%
Trailing 12-Months
Asset Growth
4.95%
Trailing 12-Months
Company Description
Confluent
Confluent Inc is a new category of data infrastructure designed to connect all the applications, systems, and data layers of a company around a real-time central nervous system. The company generates revenue from the sale of subscriptions and services.
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8QR Company Deck
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8QR Earnings Call
Q4 2024
0:00 / 0:00
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8QR Revenue Breakdown
44.90% Confluent Cloud
38.13% Confluent Platform - PCS
10.81% Confluent Platform - License
6.16% Services
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8QR Stock 12 Months Forecast
Average Price Target
€30.99
▲(17.93% Upside)
Technical Analysis
Best Analysts Covering 8QR
1 Year
1 Year Success Rate
5/9 ratings generated profit
1 Year Average Return
+13.31%
reiterated a buy rating 20 days ago
Copying Gregg Moskowitz's trades and holding each position for 1 Year would result in 55.56% of your transactions generating a profit, with an average return of +13.31% per trade.
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