9Mes
Is it really "the winner" or just one of many who are benefiting from all the AI hype? I don't know if it will be the winner by definition. Both cloud revenue and subscription revenue are falling in YoY comparison and not rising. They should grow faster in relation to the current revenue and the reference to the TAM. The share is also not really cheaply valued at 12 x revenue. The performance of the shares does not seem to reflect the supposed potential either
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@Krush82 yes you are right, it should rather be "A winner of ..." if you work in computer science you know for sure that Kafka will be the gateway to a new era of event-based architecture. If you want to be part of that, I think it's a good pure play. But the company is not cheap. The cloud hasn't been around for very long, so we'll only see how it develops over the next 1-2 years.
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9Mes
@Vic1 As is well known, the greatest relative growth is at the beginning and not at the end, or there is still a lot of future in the "music" that no one has on the screen yet
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@Krush82 Yes, we will see in the next quarter. If the company continues to grow at 30-40% YoY as projected by management, I see a bright future for the company. I believe that the use of real-time systems will increase exorbitantly. But that's a bet on the increasing digitalization of business processes and real-time systems themselves. You can take a look at the customers and the use cases and think for yourself where the potential lies https://www.confluent.io/de-de/customers/
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