Reviewing Confluent (CFLT) and Its Competitors

Confluent (NASDAQ:CFLTGet Rating) is one of 405 public companies in the “Prepackaged software” industry, but how does it weigh in compared to its rivals? We will compare Confluent to related businesses based on the strength of its risk, valuation, profitability, institutional ownership, dividends, earnings and analyst recommendations.

Analyst Recommendations

This is a breakdown of current ratings and target prices for Confluent and its rivals, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Confluent 0 8 8 0 2.50
Confluent Competitors 2847 13660 24811 689 2.56

Confluent presently has a consensus price target of $61.09, suggesting a potential upside of 183.63%. As a group, “Prepackaged software” companies have a potential upside of 70.02%. Given Confluent’s higher probable upside, equities research analysts clearly believe Confluent is more favorable than its rivals.

Institutional & Insider Ownership

37.2% of Confluent shares are owned by institutional investors. Comparatively, 61.7% of shares of all “Prepackaged software” companies are owned by institutional investors. 27.9% of Confluent shares are owned by insiders. Comparatively, 17.8% of shares of all “Prepackaged software” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Earnings & Valuation

This table compares Confluent and its rivals revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Confluent $387.86 million -$342.80 million -11.05
Confluent Competitors $1.73 billion $278.08 million -46,932.74

Confluent’s rivals have higher revenue and earnings than Confluent. Confluent is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

Profitability

This table compares Confluent and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Confluent -94.12% -41.55% -23.61%
Confluent Competitors -56.84% -66.27% -7.52%

Summary

Confluent rivals beat Confluent on 8 of the 12 factors compared.

Confluent Company Profile (Get Rating)

Confluent, Inc. operates a data streaming platform in the United States and internationally. It offers Confluent Cloud, a managed cloud-native service for connecting and processing data; and Confluent Platform, an enterprise-grade self-managed software that connects and processes data in real-time with the foundational platform for data in motion. It also provides Kafka Connect that enables to build connectors to integrate Apache Kafka with other apps and data systems; ksqlDB, a database for stream processing applications; and stream governance, a solution that is designed for the intricacies of streaming data, which allows teams to expand usage of real-time data without bypassing requirements for risk management and regulatory compliance. In addition, it also offers training and professional services. The company was formerly known as Infinitem, Inc. and changed its name to Confluent, Inc. in September 2014. Confluent, Inc. was incorporated in 2014 and is headquartered in Mountain View, California.

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