CFLT
$30.99
Confluent, Inc.
Historical Price
Peer Comparison
Whystock Valuation Model
Fundamentals
Confluent, Inc. operates a data streaming platform in the United States and internationally. The company provides platforms that allow customers to connect their applications, systems, and data layers comprising Confluent Cloud, a managed cloud-nativ...
Recent News
IBM Confluent Deal Puts Real Time Data At Core Of AI Story
IBM, NYSE:IBM, has completed its acquisition of Confluent, adding real time data streaming to its AI and hybrid cloud portfolio. The deal is aimed at helping enterprises run AI on live operational data across on premises and cloud environments. Confluent’s technology is set to feed IBM’s AI models and automation tools with continuously flowing, governed data. IBM shares recently closed at $251.6, with the stock up 124.8% over the past 3 years and 146.2% over 5 years, and a 2.2% gain over...
JPMorgan Lowers IBM Target after Confluent Deal, Sees Balanced Risk/Reward
International Business Machines Corporation (NYSE:IBM) is included among the 14 High Growth Dividend Paying Stocks to Invest in Now. On March 18, JPMorgan lowered its price recommendation on International Business Machines Corporation (NYSE:IBM) to $283 from $317. It reiterated a Neutral rating on the shares. The update followed the company’s $11B acquisition of Confluent. The […]
Confluent (CFLT) Achieves FedRAMP Authorization for Government Cloud
Confluent, Inc. (NASDAQ:CFLT) is one of the 11 Best Tech Stocks Under $50 to Buy Now. On March 10, Confluent, Inc. (NASDAQ:CFLT) reported that it has achieved Federal Risk and Authorization Management Program (FedRAMP) 20x Moderate Authorization to Operate (ATO) for its Confluent Cloud for Government. This approval applies to the company’s service running on […]
IBM Closes Confluent Buyout to Power AI: Will it Propel its Shares?
IBM closes $11 billion Confluent deal to boost real-time data streaming and power AI-driven workflows across hybrid environments.
IBM completed its acquisition of Confluent
IBM (IBM) completed its acquisition of Confluent (CFLT). “Transactions happen in milliseconds, and AI decisions need to happen just as fast. With Confluent, we are giving clients the ability to move trusted data continuously across their entire operation so their AI models and agents can act on what is happening right now, not on data that is hours old,” said Rob Thomas, Senior Vice President, IBM Software and Chief Commercial Officer. “Together, IBM and Confluent give enterprises the foundation