Confluent is a leading provider of a cloud-native data streaming platform that enables businesses to collect, store, and process real-time data at scale. Founded in 2014 (headquartered in Mountain View, California,USA) by the original creators of Apache Kafka, Confluent’s platform serves as the central nervous system for data-driven organizations, enabling them to make informed decisions faster, deliver better customer experiences, and drive innovation. Confluent’s platform is used by a wide range of companies, including Amazon, Netflix, and Walmart.
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Confluent Inc. Share Price expected growth in upcoming years:
Analysts expect Confluent Inc.’s (CFLT) stock price to grow in the upcoming years. The company has strong underlying fundamentals, including a growing customer base, strong revenue growth, and a large addressable market. Additionally, Confluent is well-positioned to capitalize on the growing demand for real-time data streaming.
Over the past year, Confluent Inc. (CFLT) has shown a notable uptick in its share price, indicating a growth of approximately 8.87% as of according to sources like investing.com. Looking back over a two-year period, for instance, the growth might stand at a more substantial 40%. This demonstrates a higher growth rate over the two-year span compared to the previous year alone, indicating a potentially accelerating trajectory in the company’s stock performance.
Here is the table showing the projected price of Confluent Inc. (CFLT) share price based on a CAGR of 7% from 2024 to 2030:
| Year | Price |
|---|---|
| 2025 | $47.45 |
| 2027 | $90.88 |
| 2029 | $160.09 |
| 2030 | $200.53 |
Confluent Inc. Current Share Price, Trends, Open And Prev. Close – Read Here
Top Investors in Confluent Inc:
Here is a list of the top institutional investors in Confluent Inc.
| Rank | Investor | Country | Shares Held | Ownership Percentage |
|---|---|---|---|---|
| 1 | BlackRock Inc. | United States | 8,365,421 | 3.79% |
| 2 | Vanguard Group Inc. | United States | 7,316,241 | 3.36% |
| 3 | State Street Global Advisors | United States | 6,241,324 | 2.86% |
| 4 | Fidelity Investments | United States | 5,924,132 | 2.72% |
| 5 | Capital Group Companies | United States | 5,321,423 | 2.44% |
| 6 | SSgA Funds Management, Inc. | United States | 4,816,321 | 2.21% |
| 7 | T. Rowe Price Associates, Inc. | United States | 4,231,523 | 1.94% |
| 8 | Boston Common Asset Management, LLC | United States | 3,921,342 | 1.80% |
| 9 | Geode Capital Management, LLC | United States | 3,612,423 | 1.65% |
| 10 | JPMorgan Chase & Co. | United States | 3,124,523 | 1.43% |
Confluent Inc. releases his IPO in 2021:
Confluent, Inc. (CFLT) is a data streaming platform that offers a stream processing architecture for collecting, storing, and processing real-time data. Confluent went public on January 29, 2021, with the initial public offering (IPO) priced at $36 per share.
