Part 2: Deep dive writeup on Confluent ($CFLT)
Part 2: Deep dive writeup on Confluent ($CFLT)
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Company: Confluent
Ticker: (CFLT)
Website: Confluent.io
IPO date: June 24, 2021
IPO price: $36.00
Current price: $24.29
Outstanding shares: 291.1 million shares
52 week high: $41.74 on April 12, 2022
52 week low: $16.48 on May 24, 2022
All time high: $93.60 on November 05, 2021
Market cap: $7.07 billion
Net cash/debt: $810 million
Enterprise value: $6.26 billion
Headquarters: Mountain View, California, United States
Number of employees: 2,760+ across 22 countries
Average price target from analysts: $29.11 — 19.8% upside from current price
Next earnings call (Q1 2023): TBA
Investor Relations [click here]
Q4 2022 Earnings Report [click here]
Q4 2022 Earnings Call Transcript [click here]
Confluent Presentation 2023 [click here]
Outline
Introduction [part 1]
Company Background [part 1]
Opportunity [part 1]
Business Model [part 1]
Competitive Advantages [1]
Risks [part 1]
Valuation [part 2]
Investment Model [part 2]
Analysts [part 2]
Technicals [part 2]
Conclusion [part 2]
Additional Resources [part 2]
In case you missed part 1 of the CFLT writeup you can read it here…
