What Are the Fundamentals Of Confluent (CFLT)?

By Chris Stiles • Wednesday, January 25 10:33 • Permanent Link

Confluent logged a -7.20% change during today's morning session, and is now trading at a price of $23.2 per share. On average, analysts give it a target price of $32.31.

Confluent, Inc. is dedicated to developing a cloud-native platform for data in motion that helps companies connect their applications with real-time streams in the United States and internationally. Before considering an investment in Confluent, make sure to consider the following:

Based on its trailing earning per share of -1.791, Confluent has a trailing 12 month Price to Earnings (P/E) ratio of -12.95
CFLT has a forward P/E ratio of -.
The company has a price to earnings growth (PEG) ratio of None — a number between 0 and 1 signifying that Confluent is fairly valued compared to its estimated growth potential
Its Price to Book (P/B) ratio is 8.69
The mid-cap company is based in the United States.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.