CFLT Stock Summary and Trading Ideas (Confluent - Class A | NASDAQ:CFLT)

Confluent Inc provides a data streaming platform that enables customers to connect their applications, systems, and data layers and can be deployed as a fully managed cloud-native software-as-a-service (SaaS) offering. Its products include Confluent Cloud, a self-managed software offering, Confluent Platform, a managed service offering where the raw data resides inside a customer's cloud environment, and WarpStream, among others. Confluent also offers professional services and education services. The company generates revenue from the sale of subscriptions and services. Geographically, it generates a majority of its revenue from its business in the United States and the rest from International markets.

Confluent - Class A trades on the NASDAQ stock market under the symbol CFLT.

As of February 27, 2026, CFLT stock price climbed to $30.67 with 9,891,622 million shares trading.

CFLT has a beta of 1.95, meaning it tends to be more sensitive to market movements. CFLT has a correlation of 0.21 to the broad based SPY ETF.

CFLT has a market cap of $10.83 billion. This is considered a Large Cap stock.

Last quarter Confluent - Class A reported $315 million in Revenue and $.12 earnings per share. This beat revenue expectation by $7 million and exceeded earnings estimates by $.13.

In the last 3 years, CFLT traded as high as $41.22 and as low as $14.69.

The top ETF exchange traded funds that CFLT belongs to (by Net Assets): VTI, VGT, VB, VBK, VXF.

CFLT has underperformed the market in the last year with a price return of -3.2% while the SPY ETF gained +18.5%. However, in the short term, CFLT had mixed performance relative to the market. It has outperformed in the last 3 months, returning +40.5% vs +1.2% return in SPY. But in the last 2 weeks, CFLT shares have been beat by the market, returning +0.4% compared to an SPY return of +0.6%.

CFLT support price is $30.54 and resistance is $30.72 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CFLT shares will trade within this expected range on the day.