CFLT Chart

1 Month

	Date	Diff
	2023-12-06	-0.56 %
Confluent (CFLT) stock went down by 0.56% last night. The article discusses how Confluent has been named a Leader by Forrester Research in The Forrester Wave™: Streaming Data Platforms, Q4 2023, highlighting the importance of streaming data platforms for real-time operations. Confluent's data streaming platform, based on Apache Kafka, enables organizations to integrate diverse data and build real-time applications. The stock likely went down due to various market factors and not directly related to the company's leadership recognition.
	2023-12-04	+5.43 %
The article discusses the high levels of hedge fund crowding in top stock positions, particularly in Big Tech names, and warns that extreme crowding may indicate a need for caution. The recent increase in the stock price of Confluent (CFLT) is not mentioned in the article.
	2023-11-30
The article highlights the top ten companies that helped investors secure a spot on the 2023 Midas List Europe, with Confluent being one of them. It goes on to mention that Confluent went public in 2021 with a successful IPO, and has since extended its data streaming platform with new features and enhancements, including an AI-powered analytics tool and a chatbot assistant. The reason for Confluent's stock going down is not mentioned in the article.
	2023-11-28	+9.57 %
Confluent (CFLT) stock went up by 9.57% after being recognized as a Leader by Forrester Research in The Forrester Wave™: Cloud Data Pipelines. This recognition validates Confluent's approach of building a comprehensive platform to enable real-time data streaming and delivery, which helps organizations unlock the full potential of their data. Confluent (CFLT) stock went up by 9.57% after Bernstein analyst Peter Weed initiated coverage on the stock with an Outperform rating and a price target of $34, indicating an 80% potential upside. The analyst highlighted Confluent's strong position in the cloud and projected significant revenue growth for the company. The article states that Confluent stock went up 9.57% due to positive coverage from Bernstein analyst Peter Weed, who assigned a price target of $34, indicating an 80% potential upside.
	2023-11-13	+1.58 %
Confluent (CFLT) stock went up 1.58% last night due to the rising demand for robots and the expansion of data centers, which are boosting the growth of the shape memory alloys market. Additionally, the increasing production of automobiles in North America and the expanding aerospace industry in Asia-Pacific are contributing to the market's growth.
	2023-11-03	+9.03 %
The article is about Confluent (CFLT) stock, which went up by 9.03% last night, and it does not provide a specific reason for the stock increase.
	2023-11-02	-42.13 %
Confluent (CFLT) stock plummeted by over 40% after the company provided a revenue forecast that fell short of expectations, with analysts anticipating higher sales than what was projected by Confluent. The company cited macroeconomic pressures, including the ongoing conflict in the Middle East and a potential U.S. government shutdown, as factors affecting its performance. Additionally, Confluent is transitioning its business model to focus on consumption-based revenue rather than upfront bookings, which may be impacting its growth. Shares of Confluent (CFLT) went down by over 40% after the company's revenue forecast fell short of expectations in their latest earnings release. Confluent Inc., a big-data software company, saw its stock plunge by over one-third in after-hours trading after issuing weak revenue guidance for the next quarter and full year, despite reporting strong third-quarter results that exceeded expectations; the stock drop was primarily due to the company's lower-than-expected revenue forecast and narrow fiscal 2023 revenue range, causing investors to be cautious about its future performance.
	2023-10-31	+4.9 %
The Confluent stock experienced a 4.9% increase and earned an upgrade to its IBD Relative Strength Rating due to its rising price performance and meeting a key benchmark. The Confluent (CFLT) stock went up by 4.9% last night. The article discusses the difficulty of working with real-time data and the need for a more user-friendly real-time data platform, introducing Denormalized as a solution.
	2023-10-06	+5.31 %
The article announces that Confluent, Inc. will release its financial results for the third quarter of 2023 and host a live video webcast to discuss the results, and does not mention why the Confluent stock went up.
	2023-09-26	-4.09 %
The article discusses the new capabilities and performance improvements for MongoDB Atlas Vector Search, which allows developers to build generative AI applications. The Confluent Cloud integration with MongoDB Atlas Vector Search enables developers to access real-time data from different sources to power AI applications. The reason for the decline in the Confluent (CFLT) stock is not mentioned in the article. The article highlights the integration of MongoDB Atlas Vector Search with Confluent Cloud, allowing users to access real-time data streams for building AI applications, and explains that the decline in Confluent (CFLT) stock may be due to market factors unrelated to this specific integration. The article discusses the new capabilities and performance improvements of MongoDB's Atlas Vector Search, which allows developers to build generative AI applications more easily and quickly. The integration with Confluent Cloud and MongoDB Atlas Vector Search allows developers to access real-time data streams from various sources to fuel AI applications. The stock of Confluent (CFLT) went down by 4.09% last night. The reason behind the decline is not mentioned in the article.
	2023-09-22
The article discusses the intrinsic value of Confluent, Inc. (CFLT) and estimates its fair value using a discounted cash flow (DCF) model. The stock price of CFLT is currently trading at a similar level to its fair value estimate, and analysts have a price target for the stock that is 20% above the fair value estimate. The article does not provide a specific reason for why the stock went down last night.
	2023-09-18	+1.55 %
The article discusses the stability of the monkeypox virus (MPXV) in different environments and body fluids, as well as the effectiveness of decontamination methods. The results showed that MPXV decayed faster at higher temperatures and was more stable on stainless steel and polypropylene surfaces compared to cotton. Additionally, the virus had longer half-lives in saliva, urine, and feces on surfaces during the wet phase compared to the dry phase. Chlorination was found to be an effective decontamination technique for the virus.
	2023-09-14	-0.15 %
The article discusses insider selling activity within Confluent Inc (NASDAQ:CFLT), with prominent figure Jonathan Chadwick selling 16,625 shares of the company's stock. The stock price of Confluent went down by -0.15%. Insider selling can sometimes indicate a lack of confidence in the company's future prospects, although other factors should be considered when evaluating a company's financial health.
	2023-09-13	-0.03 %
Denodo Technologies has announced that it received a $336 million equity investment from TPG Growth, which will be used for research and development efforts and global expansion; the investment is seen as a sign of stability for the data management vendor.
	2023-09-05	+1.47 %
The article reviews analyst research reports and mentions that Confluent Inc. (CFLT) stock was initiated with a Buy rating and a target price of $40 by Canaccord Genuity, which may have contributed to the stock's 1.47% increase.
	2023-09-01	+0.48 %
The article states that Confluent (CFLT) stock went up 0.48% last night, and analysts have given it positive ratings, with an average price target higher than its current price, suggesting upside potential.
	2023-08-30	+0.25 %
The article announces that Confluent, Inc. will be presenting at two investor conferences, and the Confluent stock went up 0.25% last night, potentially due to the upcoming presentations.
	2023-08-29	+2.39 %
Confluent's stock (CFLT) went up by 2.39% after the company announced an expanded partnership with Google Cloud, which will allow more companies to build real-time applications faster and at lower costs. The partnership includes technical, marketing, and sales investments, and aims to help organizations solve their data challenges and modernize their data platforms.
	2023-08-18	+0.59 %
The article discusses the trend of companies starting in open source software and then abandoning their open source licenses once they become successful, citing examples such as Confluent, MongoDB, Elastic, Redis Labs, and HashiCorp. The author argues that this trend is unfair and not in line with the spirit of open source. They believe that these companies are primarily driven by a desire for greater financial gain and question how much money is enough. The article suggests that this shift away from open source licenses can negatively impact developers and users, as it limits their ability to use and contribute to the code. The author calls for companies to be transparent about their licensing practices and to stop pretending to be open source once they have transitioned to more restrictive licenses. Confluent stock (CFLT) went up by 0.59% last night. The article discusses the importance of data streaming, specifically powered by Apache Kafka, in connecting and moving data to the cloud in real-time for industries such as manufacturing. It highlights a case study from BMW where data streaming enabled real-time access and automation applications across their global business. The use of data streaming in manufacturing is crucial for improving operational efficiency and integrating various technologies such as IoT and augmented reality.
	2023-08-10	+0.06 %
Confluent (CFLT) stock has gone up due to the company's strong second-quarter results, beating Wall Street's expectations on both revenue and earnings, as well as providing better-than-expected guidance for the current quarter and full year. The company's data streaming platform has seen increased adoption and is expected to benefit from a multi-billion-dollar market opportunity. Additionally, Confluent has a large addressable market and is projected to experience substantial revenue growth in the coming years, which justifies its current valuation and makes it an attractive investment for growth-focused investors.
	2023-08-09	-2.43 %
Confluent (CFLT) stock went down by 2.43% due to the market's rotation away from growth stocks and the company's high valuation during the peak of the pandemic.
	2023-08-03	+16.25 %
Confluent's stock surged 16.25% after the company reported better-than-expected second-quarter results, including strong revenue and customer growth.
	2023-08-02	-6.57 %
Confluent (CFLT) stock went down by -6.57% as the company reported Q2 FY2023 results, which showed a year-on-year revenue increase of 35.8% to $189.3 million but also a GAAP loss of $103.4 million, improving from the previous quarter's loss of $117.6 million. The Confluent (CFLT) stock went down by 6.57% last night. The article does not mention the reason behind the decline in stock price.
	2023-07-28	+1.15 %
The article compares Confluent (CFLT) and The Trade Desk (TTD) in terms of revenue growth, cash flow from operations, and forward price-to-earnings ratios, and mentions that Confluent's stock went up 1.15% last night. The reason for the stock increase is not mentioned in the article.
	2023-07-24	-2.54 %
The article is about Confluent (CFLT) stock, which went down by -2.54% last night, and it does not provide a reason for the decline.
	2023-07-06	-1.43 %
The article announces that Confluent, Inc. will release its second-quarter financial results and host a live webcast to discuss them, providing webcast information and links for accessing the materials. The article does not provide any information on why Confluent's stock went down.
	2023-06-16	+0.58 %
Confluent's stock (CFLT) went up 0.58% after being downgraded to Neutral from Buy by Guggenheim, along with rating actions for other companies by banks such as Deutsche Bank and Citigroup.
	2023-06-08	+0.99 %
The article highlights that Confluent (CFLT) stock was up 0.99% last night, and the reason for the increase in stock price is not mentioned in the article.