Why These 15 Large Tech Stocks Are Skyrocketing So Far in 2025

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4. Confluent Inc (NASDAQ:CFLT)

Number of Hedge Fund Holders In Q3 2024: 39

Confluent Inc (NASDAQ:CFLT) is a data streaming company.

The stock is up significantly so far this year as Confluent reported Q4 revenue of $261.2 million, up 23% year-over-year, and exceeded Wall Street’s $256.9 million forecast. It also reported its cloud revenue growing 38% year-over-year to $138 million, which is now 53% of its total revenue.

The company also raised its 2025 EPS guidance to $0.35 (matching consensus) and projected 21% annual revenue growth.

The consensus price target of $35 implies 7.04% downside.

CFLT stock is up 34.66% year-to-date.

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