Confluent Stock Struggles Post-IPO

This is a news story, published by Yahoo Finance, that relates primarily to IPO news.

stocks trading & speculation news

For more stocks trading & speculation news, you can click here:

more stocks trading & speculation news

Yahoo Finance news

For more news from Yahoo Finance, you can click here:

more news from Yahoo Finance

About the Otherweb

Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like stocks trading & speculation news, you might also like this article about

Confluent stock

. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest stock market debut news, stock price news, stocks trading & speculation news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!

many other young tech stocks

The Motley Fool

•

Business

Business & Economics

Where Will Confluent Stock Be in 3 Years?

Summary

Nutrition label

78% Informative

Confluent's cloud-based data streaming platform is used by customers to bring data out of silos and connect it in real time to make decisions quickly.

Confluent is now trading at a reasonable valuation, and it's sitting on a massive addressable opportunity.

The cloud computing company's earnings growth is expected to accelerate and that could be rewarded with healthy gains on the market over the next three years .

Confluent isn't one of the 10 best stocks for investors to buy now.

The correction in the company's stock price since its IPO has made it a better buy, considering its lucrative end-market opportunity and bright prospects.

Buying Confluent right now makes sense from a long-term point of view.

VR Score

Informative language

Neutral language

Article tone

informal

Language

English

Language complexity

Offensive language

not offensive

Hate speech