CFLT - Confluent's 2025 Outlook: Self-Sufficiency On The Cards
2024-06-03 10:43:41 ET
Summary
- I estimate Confluent's forward valuation at 160x non-GAAP operating profits, reflecting a high premium.
- Despite moderating growth rates, I anticipate Confluent's profitability to improve significantly by 2025.
- While Confluent isn't cheaply valued, I believe its path to self-sufficiency and free cash flow generation justifies the investment.
Investment Thesis
Confluent ( CFLT ) is making all the right moves. More specifically, Confluent is on a straight path to improving its bottom-line profitability....
Confluent's 2025 Outlook: Self-Sufficiency On The Cards