Confluent Stock News

AUSTIN, Texas--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, today announced investments in two regional system integrators (RSIs) to meet rising demand for complete data streaming platforms and bring real-time applications to businesses everywhere. RSIs that received this are Onibex, which leverages Confluent Cloud to connect SAP data to other operational systems ...

AUSTIN, Texas--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, today announced the Confluent OEM Program. The new program for managed service providers (MSPs), cloud service providers (CSPs), and independent software vendors (ISVs) makes it easy to launch and enhance customer offerings with a complete data streaming platform for Apache Kafka® and Apache Flink®. With ...

SCOTTSDALE, Ariz., Sept. 11, 2024 (GLOBE NEWSWIRE) -- Confluent Medical Technologies (Confluent) announced today that Dean Schauer, who has served as the company's Chief Executive Officer for more than a decade, has assumed the role of Chairman in addition to his existing responsibilities as CEO and President.

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, today announced it has acquired WarpStream, an Apache Kafka®-compatible data streaming platform. WarpStream's Bring Your Own Cloud (“BYOC”) data streaming architecture is designed for organizations running large scale workloads with relaxed latency requirements in their own cloud environment, perf...

Streaming data and Kafka specialist Confluent on Monday announced that it has acquired WarpStream, a Kafka-compatible streaming data solution. Confluent plans to use WarpStream's cloud-native solution to fill out its portfolio by offering a new service (Confluent WarpStream) that can sit in between its fully-managed Confluent Cloud and self-managed Confluent Platform.

Confluent's customer acquisition accelerated in the second quarter, which could lead to improved growth going forward. The scaling of Confluent's stream processing product should also begin to support growth in the coming years. Confluent's margins should improve over the next years as stock-based compensation costs decline. Confluent is also closing in on cash flow breakeven.

It can pay to listen when multiple analysts reach the same conclusion on a given stock. A majority of analysts surveyed by The Wall Street Journal are bullish on shares of Confluent and Datadog.

Confluent's shift to a consumption model will drive growth, in my opinion, by attracting new customers, improving satisfaction, and encouraging customers to increase their usage. Confluent's new Flink platform is another tailwind to growth due to the benefits of using both Kafka and Flink together. Confluent's customers are looking to increase their spending at a 20% CAGR over the next 3 years,...