Latest news with #Confluent
Yahoo
3 days ago
- Business
- Yahoo
2 Software Stocks for Long-Term Investors and 1 to Keep Off Your Radar
From commerce to culture, software is digitizing every aspect of our lives. Companies bringing it to life have been rewarded with high valuation multiples that make fundraising easier, but they have weighed on the returns lately as the industry has pulled back by 10.2% over the past six months. This drawdown was worse than the S&P 500's 2.2% decline. A cautious approach is imperative when dabbling in these businesses as the best will deliver robust earnings growth while the rest will be disrupted by competition and AI. With that said, here are two software stocks boasting durable advantages and one we're passing on. Market Cap: $574.2 million Founded in 2006 as an online ad platform helping ad sellers, Pubmatic (NASDAQ: PUBM) is a fully integrated cloud-based programmatic advertising platform. Why Should You Dump PUBM? Muted 6.6% annual revenue growth over the last three years shows its demand lagged behind its software peers Estimated sales growth of 4.3% for the next 12 months implies demand will slow from its three-year trend Gross margin of 64.9% is below its competitors, leaving less money to invest in areas like marketing and R&D At $11.84 per share, PubMatic trades at 1.9x forward price-to-sales. Dive into our free research report to see why there are better opportunities than PUBM. Market Cap: $7.86 billion Started in 2014 by the team of engineers at LinkedIn who originally built it as an internal tool, Confluent (NASDAQ:CFLT) provides infrastructure software for organizations that makes it easy and fast to collect and move large amounts of data between different systems. Why Does CFLT Stand Out? Billings growth has averaged 27.9% over the last year, indicating a healthy pipeline of new contracts that should drive future revenue increases Sales outlook for the upcoming 12 months implies the business will stay on its desirable three-year growth trajectory Free cash flow margin is on track to jump by 5.2 percentage points next year, meaning the company will have more resources to pursue growth initiatives, repurchase shares, or pay dividends Confluent is trading at $23 per share, or 6.5x forward price-to-sales. Is now the right time to buy? Find out in our full research report, it's free. Market Cap: $2.18 billion When Oren Netzer saw a digital ad for US-based Target while sitting in his Tel Aviv apartment, he knew there was an unsolved problem, so he started DoubleVerify (NYSE:DV), a provider of advertising solutions to businesses that helps with ad verification, fraud prevention, and brand safety. Why Are We Fans of DV? Superior software functionality and low servicing costs are reflected in its premier gross margin of 82.3% Fast payback periods on sales and marketing expenses allow the company to invest heavily and onboard many customers concurrently Disciplined cost controls and effective management resulted in a strong trailing 12-month operating margin of 12.1% DoubleVerify's stock price of $13.35 implies a valuation ratio of 3.1x forward price-to-sales. Is now the time to initiate a position? See for yourself in our full research report, it's free. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today for free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
Confluent to Present at Upcoming Investor Conference
MOUNTAIN VIEW, Calif., May 29, 2025--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ: CFLT), the data streaming pioneer, today announced that its management will present at the following upcoming investor conference: William Blair Annual Growth Stock ConferenceDate: Thursday, June 5, 2025Time: 8:00 a.m. PT / 11:00 a.m. ET A live webcast and a replay of each presentation will be available on Confluent's investor relations website at About Confluent Confluent is the data streaming platform that is pioneering a fundamentally new category of data infrastructure that sets data in motion. Confluent's cloud-native offering is the foundational platform for data in motion – designed to be the intelligent connective tissue enabling real-time data, from multiple sources, to constantly stream across the organization. With Confluent, organizations can meet the new business imperative of delivering rich, digital front-end customer experiences and transitioning to sophisticated, real-time, software-driven backend operations. To learn more, please visit View source version on Contacts Investor Contact Shane Xieinvestors@ Media Contact Justin Dorffpr@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
Elastic (ESTC) Q1 Earnings Report Preview: What To Look For
Search software company Elastic (NYSE:ESTC) will be announcing earnings results tomorrow after the bell. Here's what you need to know. Elastic beat analysts' revenue expectations by 3.5% last quarter, reporting revenues of $382.1 million, up 16.5% year on year. It was a strong quarter for the company, with a solid beat of analysts' billings estimates and EPS guidance for next quarter exceeding analysts' expectations. It added 40 enterprise customers paying more than $100,000 annually to reach a total of 1,460. Is Elastic a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Elastic's revenue to grow 13.5% year on year to $380.3 million, slowing from the 19.7% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.37 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Elastic has missed Wall Street's revenue estimates twice over the last two years. Looking at Elastic's peers in the data and analytics software segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Confluent delivered year-on-year revenue growth of 24.8%, beating analysts' expectations by 2.6%, and Teradata reported a revenue decline of 10.1%, falling short of estimates by 2.4%. Confluent traded down 18.2% following the results while Teradata was up 1.8%. Read our full analysis of Confluent's results here and Teradata's results here. There has been positive sentiment among investors in the data and analytics software segment, with share prices up 8.5% on average over the last month. Elastic is up 9.6% during the same time and is heading into earnings with an average analyst price target of $124.02 (compared to the current share price of $94.25). Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
Elastic (ESTC) Q1 Earnings Report Preview: What To Look For
Search software company Elastic (NYSE:ESTC) will be announcing earnings results tomorrow after the bell. Here's what you need to know. Elastic beat analysts' revenue expectations by 3.5% last quarter, reporting revenues of $382.1 million, up 16.5% year on year. It was a strong quarter for the company, with a solid beat of analysts' billings estimates and EPS guidance for next quarter exceeding analysts' expectations. It added 40 enterprise customers paying more than $100,000 annually to reach a total of 1,460. Is Elastic a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Elastic's revenue to grow 13.5% year on year to $380.3 million, slowing from the 19.7% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.37 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Elastic has missed Wall Street's revenue estimates twice over the last two years. Looking at Elastic's peers in the data and analytics software segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Confluent delivered year-on-year revenue growth of 24.8%, beating analysts' expectations by 2.6%, and Teradata reported a revenue decline of 10.1%, falling short of estimates by 2.4%. Confluent traded down 18.2% following the results while Teradata was up 1.8%. Read our full analysis of Confluent's results here and Teradata's results here. There has been positive sentiment among investors in the data and analytics software segment, with share prices up 8.5% on average over the last month. Elastic is up 9.6% during the same time and is heading into earnings with an average analyst price target of $124.02 (compared to the current share price of $94.25). Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.
Yahoo
22-05-2025
- Business
- Yahoo
Citi Initiates a 90-Day Positive Catalyst Watch on Confluent (CFLT)
On Wednesday, May 21, Citi started a 90-day Upside Catalyst Watch on Confluent, Inc. (NASDAQ:CFLT). This decision comes as Citi revises its outlook on the software sector after a March-quarter earnings season that surpassed expectations. Confluent, Inc. (NASDAQ:CFLT) shares have also experienced recovery. The software market saw a lot of volatility following Liberation Day. However, Citi believes that the underlying business fundamentals are more stable than previously expected. In early April, Citi conducted a CIO survey of 103 participants, which showed that IT budgets have stayed consistent. This sentiment was supported by recent fieldwork and talks with management teams, which suggested that the software sector is holding steady. A team of consultants in suits, discussing the importance of stream governance for real-time data. Despite the market doing well recently, Citi has cautioned against assuming that overall sector-wide fundamentals will improve quickly. The firm believes that the end of the April quarter can be tougher than March, which might affect some off-cycle financial reports. However, Citi pointed out that investors might overlook these concerns if the fundamentals keep getting better in May. The positive catalyst watch on Confluent, Inc. (NASDAQ:CFLT) reflects Citi's increasing optimism for the company's prospects after reviewing the software sector. Confluent, Inc. (NASDAQ:CFLT) is an American technology company that is known for its data streaming platform. The company's cloud-native platform enables real-time data from multiple sources to constantly stream across an organization. It helps organizations deliver rich, digital frontend customer experiences and transition to sophisticated, real-time, software-driven backend operations. While we acknowledge the potential of CFLT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CFLT and that has a 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: 11 Stocks That Will Bounce Back According To Analysts and 11 Best Stocks Under $15 to Buy According to Hedge Funds. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
