Confluent stock plummeted after its recent earnings release, but Wall Street remains bullish.
Data streaming powers a growing number of our digital experiences every day. Retailers use it to provide us with live inventory information on their websites so we know whether a product is in stock in real time. Investing and sports betting platforms, on the other hand, use it to feed live prices and odds directly to our smartphones.
Confluent ( CFLT -1.74% ) developed an industry-leading data streaming platform, which is now also becoming a critical tool in artificial intelligence (AI) applications, creating a whole new opportunity for the company.
Confluent stock plunged by 30% after it released its operating results for the second quarter of 2025 (ended June 30) last week, and it's n