11 Best Low Priced Technology Stocks to Buy Right Now

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2. Confluent Inc. (NASDAQ:CFLT)

Stock Price: $19.53

Market Cap: $6.7 Billion

Potential Upside: 27%

Number of Hedge Fund Holders: 50

Confluent Inc. (NASDAQ:CFLT) is one of the best low-priced technology stocks to buy right now. Confluent Inc. (NASDAQ:CFLT) is reinforcing its leadership bench and strategic focus at a critical stage of its growth. On September 8, the company appointed Stephen Deasy as Chief Technology Officer.

Deasy brings more than two decades of engineering leadership, and will oversee platform development, with a focus on enhancing real-time data capabilities and scaling Confluent’s technology for a growing global customer base.

The announcement coincided with Confluent’s presentation at the Goldman Sachs Communacopia + Technology Conference, where management outlined the importance of real-time data streaming in the next wave of enterprise AI adoption.

At the same time, management acknowledged near-term financial headwinds, including weaker Net Revenue Retention (NRR). Despite this, Confluent reiterated that expanding its cloud platform and stream-processing services remains central to its long-term growth plan.

A key priority is increasing Confluent’s participation in the Kafka ecosystem, which currently contributes less than 5% of revenue. The company also sees opportunities to broaden its offering through cloud adoption and stream-processing solutions. Management noted that ongoing investments in cloud services and partner-led distribution should help offset consumption pressures and support a more durable growth trajectory.

Confluent Inc. (NASDAQ:CFLT) provides a cloud-native data streaming platform built on Apache Kafka.

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