CFLT
Price
$29.75
Change
+$0.86 (+2.98%)
Updated
Apr 26, 6:59 PM EST
11 days until earnings call
DOCN
Price
$33.50
Change
+$1.06 (+3.27%)
Updated
Apr 26, 6:59 PM EST
14 days until earnings call
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CFLT vs DOCN ᐉ Comparison: Which is Better to Invest?

Header iconCFLT vs DOCN Comparison
Open Charts CFLT vs DOCNBanner chart's image
Confluent
Price$29.75
Change+$0.86 (+2.98%)
Volume$2.04M
CapitalizationN/A
DigitalOcean Holdings
Price$33.50
Change+$1.06 (+3.27%)
Volume$217.93K
CapitalizationN/A
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CFLT vs DOCN Comparison Chart

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CFLTDaily Signal changed days agoGain/Loss if shorted
 
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DOCNDaily Signal changed days agoGain/Loss if shorted
 
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VS
CFLT vs. DOCN commentary
Apr 27, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is CFLT is a Hold and DOCN is a Hold.

COMPARISON
Comparison
Apr 27, 2024
Stock price -- (CFLT: $28.89 vs. DOCN: $32.44)
Brand notoriety: CFLT and DOCN are both not notable
Both companies represent the Packaged Software industry
Current volume relative to the 65-day Moving Average: CFLT: 68% vs. DOCN: 89%
Market capitalization -- CFLT: $9.33B vs. DOCN: $3.47B
CFLT [@Packaged Software] is valued at $9.33B. DOCN’s [@Packaged Software] market capitalization is $3.47B. The market cap for tickers in the [@Packaged Software] industry ranges from $3.15T to $0. The average market capitalization across the [@Packaged Software] industry is $10.1B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

CFLT’s FA Score shows that 0 FA rating(s) are green whileDOCN’s FA Score has 0 green FA rating(s).

  • CFLT’s FA Score: 0 green, 5 red.
  • DOCN’s FA Score: 0 green, 5 red.
According to our system of comparison, CFLT is a better buy in the long-term than DOCN.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

CFLT’s TA Score shows that 6 TA indicator(s) are bullish while DOCN’s TA Score has 4 bullish TA indicator(s).

  • CFLT’s TA Score: 6 bullish, 4 bearish.
  • DOCN’s TA Score: 4 bullish, 5 bearish.
According to our system of comparison, CFLT is a better buy in the short-term than DOCN.

Price Growth

CFLT (@Packaged Software) experienced а +5.40% price change this week, while DOCN (@Packaged Software) price change was -1.49% for the same time period.

The average weekly price growth across all stocks in the @Packaged Software industry was +2.16%. For the same industry, the average monthly price growth was -1.56%, and the average quarterly price growth was +24.08%.

Reported Earning Dates

CFLT is expected to report earnings on Jul 31, 2024.

DOCN is expected to report earnings on Aug 01, 2024.

Industries' Descriptions

@Packaged Software (+2.16% weekly)

Packaged software comprises multiple software programs bundled together and sold as a group. For example, Microsoft Office includes multiple applications such as Excel, Word, and PowerPoint. In some cases, buying a bundled product is cheaper than purchasing each item individually[s20] . Microsoft Corporation, Oracle Corp. and Adobe are some major American packaged software makers.

SUMMARIES
A.I.dvisor published
a Summary for CFLT with price predictions.
OPEN
A.I.dvisor published
a Summary for DOCN with price predictions.
OPEN
FUNDAMENTALS
Fundamentals
CFLT($9.33B) has a higher market cap than DOCN($3.47B). CFLT YTD gains are higher at: 23.462 vs. DOCN (-11.584). DOCN has higher annual earnings (EBITDA): 154M vs. CFLT (-430.01M). CFLT has more cash in the bank: 1.9B vs. DOCN (412M). CFLT has less debt than DOCN: CFLT (1.11B) vs DOCN (1.66B). CFLT has higher revenues than DOCN: CFLT (777M) vs DOCN (693M).
CFLTDOCNCFLT / DOCN
Capitalization9.33B3.47B269%
EBITDA-430.01M154M-279%
Gain YTD23.462-11.584-203%
P/E RatioN/A190.85-
Revenue777M693M112%
Total Cash1.9B412M461%
Total Debt1.11B1.66B67%
TECHNICAL ANALYSIS
Technical Analysis
CFLTDOCN
RSI
ODDS (%)
Bullish Trend 2 days ago
85%
Bullish Trend 2 days ago
79%
Stochastic
ODDS (%)
Bullish Trend 2 days ago
80%
Bullish Trend 2 days ago
78%
Momentum
ODDS (%)
N/A
Bearish Trend 3 days ago
74%
MACD
ODDS (%)
Bullish Trend 2 days ago
90%
N/A
TrendWeek
ODDS (%)
Bullish Trend 2 days ago
79%
Bearish Trend 2 days ago
81%
TrendMonth
ODDS (%)
Bearish Trend 2 days ago
81%
Bearish Trend 2 days ago
84%
Advances
ODDS (%)
Bullish Trend 2 days ago
79%
Bullish Trend 3 days ago
81%
Declines
ODDS (%)
Bearish Trend 8 days ago
83%
Bearish Trend 8 days ago
85%
BollingerBands
ODDS (%)
Bullish Trend 2 days ago
90%
Bullish Trend 2 days ago
77%
Aroon
ODDS (%)
Bearish Trend 2 days ago
80%
Bearish Trend 2 days ago
87%
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CFLTDaily Signal changed days agoGain/Loss if shorted
 
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DOCNDaily Signal changed days agoGain/Loss if shorted
 
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CFLT and

Correlation & Price change

A.I.dvisor indicates that over the last year, CFLT has been closely correlated with COIN. These tickers have moved in lockstep 71% of the time. This A.I.-generated data suggests there is a high statistical probability that if CFLT jumps, then COIN could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CFLT
1D Price
Change %
CFLT100%
+0.03%
COIN - CFLT
71%
Closely correlated
-0.34%
RELY - CFLT
66%
Loosely correlated
-3.58%
CLSK - CFLT
66%
Loosely correlated
-1.21%
PCOR - CFLT
62%
Loosely correlated
-1.81%
RIOT - CFLT
62%
Loosely correlated
+1.94%
More

DOCN and

Correlation & Price change

A.I.dvisor indicates that over the last year, DOCN has been closely correlated with COIN. These tickers have moved in lockstep 68% of the time. This A.I.-generated data suggests there is a high statistical probability that if DOCN jumps, then COIN could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To DOCN
1D Price
Change %
DOCN100%
-1.76%
COIN - DOCN
68%
Closely correlated
-0.34%
CLSK - DOCN
64%
Loosely correlated
-1.21%
RIOT - DOCN
61%
Loosely correlated
+1.94%
SPT - DOCN
56%
Loosely correlated
-2.13%
OTEX - DOCN
54%
Loosely correlated
-0.78%
More