They beat the company's own guidance, much to the delight of investors, who sent Confluent stock surging 9% higher immediately after the release. The Wall Street Journal tracks 25 analysts covering Confluent stock, and they're overwhelmingly bullish on its prospects. Data streaming is becoming a necessity for all companiesData streaming sounds complicated, but it's an important concept for investors to understand. It had 1,144 customers spending at least $100,000 per year, which was a 33% increase, and 147 customers spending at least $1 million per year, up 48%. The Wall Street Journal tracks 25 analysts covering Confluent stock.

Source: Wall Street Journal August 05, 2023 21:14 UTC