Confluent's Promising Path To Profitability (Rating Upgrade) [Seeking Alpha]
Confluent, Inc. - Class A (CFLT)
Company Research
Source: Seeking Alpha
While concerns regarding moderating growth rates persist, the anticipated ramp-up in underlying profitability throughout 2024 signals a compelling opportunity for investors. With revenue growth rates projected to reach 27% CAGR in 2024 and a trajectory towards achieving 4% non-GAAP operating margins, Confluent, Inc. stock presents an attractive investment proposition, warranting a change in my rating from sell to buy. Strong Investment Potential My Marketplace highlights a portfolio of undervalued investment opportunities - stocks with rapid growth potential, driven by top quality management, while these stocks are cheaply valued. I follow countless companies and select for you the most attractive investments . I do all the work of picking the most attractive stocks. Investing Made EASY As an experienced professional, I highlight the to grow your savings: stocks that deliver strong gains. Deep Value Returns' Marketplace continues to rapidly grow. Check out members' re
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High impacting Confluent, Inc. - Class A news events
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CFLT
News
- Confluent Announces Accelerate with Confluent, a Revamped and Services-Led Partner Program for System Integrators [Yahoo! Finance]Yahoo! Finance
- Confluent Announces Accelerate with Confluent, a Revamped and Services-Led Partner Program for System IntegratorsBusiness Wire
- Confluent, Inc. (NASDAQ: CFLT) had its price target lowered by analysts at Mizuho from $38.00 to $36.00. They now have a "buy" rating on the stock.MarketBeat
- Confluent Named a Google Cloud Partner of the Year for the Fifth Time [Yahoo! Finance]Yahoo! Finance
- Confluent Named a Google Cloud Partner of the Year for the Fifth TimeBusiness Wire
CFLT
Earnings
- 2/7/24 - Beat
CFLT
Sec Filings
- 4/24/24 - Form ARS
- 4/24/24 - Form DEFA14A
- 4/24/24 - Form DEF
- CFLT's page on the SEC website