CFLT
Price
$29.61
Change
+$0.71 (+2.46%)
Updated
Sep 29, 6:59 PM EST
32 days until earnings call
NET
Price
$63.06
Change
-$0.01 (-0.02%)
Updated
Sep 29, 6:59 PM EST
32 days until earnings call

Compare predictions CFLT vs NET

Header iconCFLT vs NET Comparison
Open Charts CFLT vs NETBanner chart's image
Confluent
Price$29.61
Change+$0.71 (+2.46%)
Volume$2.09M
CapitalizationN/A
Cloudflare
Price$63.06
Change-$0.01 (-0.02%)
Volume$1.67M
CapitalizationN/A
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CFLT vs NET Comparison Chart

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Technical Analysis# Of IndicatorsAvg. Odds
   
   
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Technical Analysis# Of IndicatorsAvg. Odds
   
   
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VS
CFLT vs. NET commentary
Oct 01, 2023

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 NET is a Hold.

COMPARISON
Comparison
Oct 01, 2023
Stock price -- (CFLT: $29.61 vs. NET: $63.04)
Brand notoriety: CFLT and NET are both not notable
Both companies represent the Packaged Software industry
Current volume relative to the 65-day Moving Average: CFLT: 103% vs. NET: 114%
Market capitalization -- CFLT: $8.74B vs. NET: $21.07B
CFLT [@Packaged Software] is valued at $8.74B. NET’s [@Packaged Software] market capitalization is $21.07B. The market cap for tickers in the [@Packaged Software] industry ranges from $2.33T to $0. The average market capitalization across the [@Packaged Software] industry is $8.09B.

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 whileNET’s FA Score has 0 green FA rating(s).

  • CFLT’s FA Score: 0 green, 5 red.
  • NET’s FA Score: 0 green, 5 red.
According to our system of comparison, both CFLT and NET are a bad buy in the long-term.

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 4 TA indicator(s) are bullish while NET’s TA Score has 6 bullish TA indicator(s).

  • CFLT’s TA Score: 4 bullish, 4 bearish.
  • NET’s TA Score: 6 bullish, 3 bearish.
According to our system of comparison, NET is a better buy in the short-term than CFLT.

Price Growth

CFLT (@Packaged Software) experienced а +0.68% price change this week, while NET (@Packaged Software) price change was +9.14% for the same time period.

The average weekly price growth across all stocks in the @Packaged Software industry was -0.47%. For the same industry, the average monthly price growth was -6.14%, and the average quarterly price growth was +0.69%.

Reported Earning Dates

CFLT is expected to report earnings on Nov 02, 2023.

NET is expected to report earnings on Nov 02, 2023.

Industries' Descriptions

@Packaged Software (-0.47% 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 NET with price predictions.
OPEN
FUNDAMENTALS
Fundamentals
NET($21.1B) has a higher market cap than CFLT($8.74B). NET YTD gains are higher at: 39.438 vs. CFLT (33.138). NET has higher annual earnings (EBITDA): -87.57M vs. CFLT (-474.08M). CFLT has more cash in the bank: 1.85B vs. NET (1.59B). CFLT has less debt than NET: CFLT (1.12B) vs NET (1.46B). NET has higher revenues than CFLT: NET (1.13B) vs CFLT (684M).
CFLTNETCFLT / NET
Capitalization8.74B21.1B41%
EBITDA-474.08M-87.57M541%
Gain YTD33.13839.43884%
P/E RatioN/AN/A-
Revenue684M1.13B61%
Total Cash1.85B1.59B117%
Total Debt1.12B1.46B76%
TECHNICAL ANALYSIS
Technical Analysis
CFLTNET
RSI
ODDS (%)
Bullish Trend 2 days ago
90%
Bullish Trend 2 days ago
90%
Stochastic
ODDS (%)
Bullish Trend 2 days ago
86%
Bullish Trend 2 days ago
84%
Momentum
ODDS (%)
Bearish Trend 2 days ago
86%
Bullish Trend 2 days ago
90%
MACD
ODDS (%)
Bearish Trend 2 days ago
90%
Bullish Trend 2 days ago
90%
TrendWeek
ODDS (%)
Bullish Trend 2 days ago
82%
Bullish Trend 2 days ago
87%
TrendMonth
ODDS (%)
Bearish Trend 2 days ago
84%
Bearish Trend 2 days ago
76%
Advances
ODDS (%)
Bullish Trend 26 days ago
81%
Bullish Trend 3 days ago
86%
Declines
ODDS (%)
Bearish Trend 10 days ago
85%
Bearish Trend 5 days ago
81%
BollingerBands
ODDS (%)
Bullish Trend 2 days ago
83%
Bullish Trend 2 days ago
90%
Aroon
ODDS (%)
N/A
Bearish Trend 6 days ago
89%
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Technical Analysis# Of IndicatorsAvg. Odds
   
   
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Technical Analysis# Of IndicatorsAvg. Odds
   
   
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CFLT and

Correlation & Price change

A.I.dvisor indicates that over the last year, CFLT has been closely correlated with DDOG. These tickers have moved in lockstep 74% of the time. This A.I.-generated data suggests there is a high statistical probability that if CFLT jumps, then DDOG could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CFLT
1D Price
Change %
CFLT100%
+2.46%
DDOG - CFLT
74%
Closely correlated
+2.38%
COIN - CFLT
71%
Closely correlated
-0.11%
NET - CFLT
71%
Closely correlated
-0.08%
ESTC - CFLT
71%
Closely correlated
+2.74%
BRZE - CFLT
69%
Closely correlated
+0.21%
More

NET and

Correlation & Price change

A.I.dvisor indicates that over the last year, NET has been closely correlated with DDOG. These tickers have moved in lockstep 73% of the time. This A.I.-generated data suggests there is a high statistical probability that if NET jumps, then DDOG could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NET
1D Price
Change %
NET100%
-0.08%
DDOG - NET
73%
Closely correlated
+2.38%
TEAM - NET
72%
Closely correlated
+2.32%
CFLT - NET
71%
Closely correlated
+2.46%
MNDY - NET
70%
Closely correlated
+0.19%
SNOW - NET
70%
Closely correlated
+1.09%
More