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 January 21, 2026, CFLT stock price climbed to $30.50 with 5,056,259 million shares trading.

CFLT has a beta of 1.94, meaning it tends to be more sensitive to market movements. CFLT has a correlation of 0.20 to the broad based SPY ETF.

CFLT has a market cap of $10.77 billion. This is considered a Large Cap stock.

Last quarter Confluent - Class A reported $299 million in Revenue and $.13 earnings per share. This beat revenue expectation by $6 million and exceeded earnings estimates by $.14.

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 return of +14.2%, while SPY returned +15.9%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in CFLT shares. However, CFLT has outperformed the market in the last 3 month and 2 week periods, returning +35.2% and +1.1%, while SPY returned +2.4% and -0.9%, respectively. This indicates CFLT has been having a stronger performance recently.

CFLT support price is $30.35 and resistance is $30.54 (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.