Confluent, Inc.


SKU: CFLT Category:


Confluent, Inc.: Initiation of Coverage –  Shift Towards Consumption Profile 


Confluent Inc.’s Q1 2024 performance indicates a robust start for the fiscal year, surpassing all guided metrics with a total revenue growth of 25% to $217 Million, a testament to the successful execution of the firm’s strategies, especially amidst a somewhat unpredictable macro-environment. Noteworthy in these earnings is the impressive growth of Confluent Cloud, now accounting for over half of the company’s subscription revenue and emerging as the fastest-growing offering with a 45% increase to $107 Million.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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