Confluent (CFLT) Stock Forecast, Price Target & Predictions
CFLT Stock Forecast
Confluent stock forecast is as follows: an average price target of $27.83 (represents a -11.20% downside from CFLT’s last price of $31.34) and a rating consensus of 'Buy', based on 16 wall street analysts offering a 1-year stock forecast.
CFLT Price Target
CFLT Analyst Ratings
Buy
Confluent Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Oct 31, 2024 | Karl Keirstead | UBS | $26.00 | $23.07 | 12.70% | -17.04% |
Oct 31, 2024 | Mike Cikos | Needham | $31.00 | $23.07 | 34.37% | -1.08% |
Oct 29, 2024 | Tyler Radke | Citigroup | $25.00 | $22.60 | 10.62% | -20.23% |
Sep 25, 2024 | Brad Reback | Stifel Nicolaus | $32.00 | $19.81 | 61.53% | 2.11% |
Sep 20, 2024 | Chirag Ved | Evercore ISI | $28.00 | $20.66 | 35.53% | -10.66% |
Sep 20, 2024 | Kash Rangan | Goldman Sachs | $28.00 | $20.66 | 35.53% | -10.66% |
Sep 18, 2024 | Gregg Moskowitz | Mizuho Securities | $31.00 | $20.80 | 49.04% | -1.08% |
Sep 03, 2024 | William Power | Robert W. Baird | $23.00 | $20.37 | 12.91% | -26.61% |
Aug 01, 2024 | Rudy Kessinger | D.A. Davidson | $30.00 | $22.21 | 35.07% | -4.28% |
Aug 01, 2024 | Brad Sills | Bank of America Securities | $26.00 | $25.02 | 3.92% | -17.04% |
Aug 01, 2024 | Raimo Lenschow | Barclays | $29.00 | $25.02 | 15.91% | -7.47% |
Jul 30, 2024 | Tyler Radke | Citigroup | $28.00 | $24.58 | 13.91% | -10.66% |
Jul 19, 2024 | Yun Kim | Loop Capital Markets | $25.00 | $24.37 | 2.59% | -20.23% |
Jul 16, 2024 | Gregg Moskowitz | Mizuho Securities | $34.00 | $26.56 | 28.01% | 8.49% |
Jun 11, 2024 | Chirag Ved | Evercore ISI | $35.00 | $26.07 | 34.25% | 11.68% |
May 17, 2024 | Ittai Kidron | Oppenheimer | $37.00 | $31.73 | 16.59% | 18.06% |
May 08, 2024 | Kingsley Crane | Canaccord Genuity | $35.00 | $31.38 | 11.54% | 11.68% |
Apr 15, 2024 | Gregg Moskowitz | Mizuho Securities | $36.00 | $28.56 | 26.05% | 14.87% |
Mar 22, 2024 | Mike Cikos | Needham | $38.00 | $30.96 | 22.74% | 21.25% |
Feb 21, 2024 | Brad Reback | Stifel Nicolaus | $40.00 | $32.67 | 22.42% | 27.63% |
Nov 06, 2023 | Matthew Hedberg | RBC Capital | $22.00 | $17.91 | 22.87% | -29.80% |
Nov 03, 2023 | Allan Verkhovski | Wolfe Research | $21.00 | $16.28 | 28.99% | -32.99% |
May 30, 2023 | Mike Cikos | Needham | $35.00 | $30.84 | 13.49% | 11.68% |
Jan 10, 2023 | Raimo Lenschow | Barclays | $24.00 | $19.90 | 20.60% | -23.42% |
Aug 30, 2022 | Michael Turrin | Wells Fargo | $40.00 | $27.14 | 47.36% | 27.63% |
Aug 18, 2022 | Brad Zelnick | Deutsche Bank | $32.00 | $30.86 | 3.69% | 2.11% |
Aug 15, 2022 | Rudy Kessinger | D.A. Davidson | $44.00 | $33.30 | 32.13% | 40.40% |
Aug 04, 2022 | Morgan Stanley | $42.00 | $30.88 | 36.03% | 34.01% | |
Aug 04, 2022 | UBS | $35.00 | $31.24 | 12.04% | 11.68% | |
Aug 04, 2022 | Barclays | $32.00 | $29.02 | 10.27% | 2.11% | |
May 21, 2022 | Michael Turrin | Wells Fargo | $35.00 | $18.91 | 85.09% | 11.68% |
May 09, 2022 | Sanjit Singh | Morgan Stanley | $39.00 | $21.07 | 85.10% | 24.44% |
Confluent Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | 7 | 20 |
Avg Price Target | - | $28.71 | $30.85 |
Last Closing Price | $31.34 | $31.34 | $31.34 |
Upside/Downside | -100.00% | -8.39% | -1.56% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Oct 31, 2024 | RBC Capital | Outperform | Outperform | Hold |
Oct 31, 2024 | UBS | Neutral | Neutral | Hold |
Oct 31, 2024 | Needham | Buy | Buy | Hold |
Oct 29, 2024 | Citigroup | Neutral | Neutral | Hold |
Oct 28, 2024 | KeyBanc | Sector Weight | Sector Weight | Hold |
Oct 17, 2024 | Wells Fargo | Sector Perform | Sector Perform | Hold |
Oct 17, 2024 | Scotiabank | Underperform | Underperform | Hold |
Sep 20, 2024 | Cowen & Co. | Buy | Buy | Hold |
Sep 20, 2024 | Evercore ISI | Outperform | Outperform | Hold |
Sep 20, 2024 | Goldman Sachs | Neutral | Neutral | Hold |
Sep 04, 2024 | Wells Fargo | Sector Perform | Sector Perform | Hold |
Sep 04, 2024 | Scotiabank | Underperform | Underperform | Hold |
Aug 01, 2024 | Barclays | Overweight | Overweight | Hold |
Jul 30, 2024 | Citigroup | Neutral | Neutral | Hold |
Jul 19, 2024 | Wells Fargo | Buy | Buy | Hold |
Jul 19, 2024 | Loop Capital Markets | Hold | Hold | Hold |
Jun 25, 2024 | Wells Fargo | Buy | Buy | Hold |
Jun 11, 2024 | Evercore ISI | Outperform | Initialise | |
Jun 04, 2024 | Wells Fargo | Buy | Buy | Hold |
May 16, 2024 | Oppenheimer | Outperform | Initialise | |
May 09, 2024 | RBC Capital | Underperform | Underperform | Hold |
May 09, 2024 | Wells Fargo | Buy | Buy | Hold |
May 08, 2024 | Cowen & Co. | Buy | Buy | Hold |
Apr 15, 2024 | UBS | Underperform | Underperform | Hold |
Apr 15, 2024 | Wells Fargo | Sector Perform | Sector Perform | Hold |
Mar 22, 2024 | Wells Fargo | Sector Perform | Sector Perform | Hold |
Feb 21, 2024 | Wells Fargo | Sector Perform | Sector Perform | Hold |
Feb 08, 2024 | Needham | Buy | Buy | Hold |
Feb 08, 2024 | Wells Fargo | Overweight | Overweight | Hold |
Nov 06, 2023 | RBC Capital | Outperform | Initialise | |
Nov 03, 2023 | Wolfe Research | Outperform | Upgrade | |
Jun 15, 2023 | Guggenheim | Neutral | Downgrade | |
Jun 14, 2023 | Wells Fargo | Overweight | Overweight | Hold |
May 30, 2023 | Needham | Buy | Initialise | |
Apr 12, 2023 | Morgan Stanley | Equal-Weight | Overweight | Upgrade |
Feb 01, 2023 | Deutsche Bank | Hold | Reduce | Upgrade |
Jan 10, 2023 | Barclays | Equal-Weight | Overweight | Upgrade |
Jan 06, 2023 | Scotiabank | Sector Perform | Downgrade | |
Aug 30, 2022 | Wells Fargo | Overweight | Overweight | Hold |
Aug 18, 2022 | Deutsche Bank | Hold | Hold | Hold |
Aug 04, 2022 | Wells Fargo | Overweight | Overweight | Hold |
Aug 04, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
Aug 04, 2022 | UBS | Buy | Buy | Hold |
Aug 04, 2022 | Barclays | Equal-Weight | Equal-Weight | Hold |
May 21, 2022 | Wells Fargo | Overweight | Overweight | Hold |
Confluent Financial Forecast
Confluent Revenue Forecast
Quarter
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $213.18M | $200.18M | $189.28M | $174.30M | $168.67M | $151.73M | $139.41M | $126.14M | $119.93M | $102.57M | $88.34M |
Avg Forecast | $377.66M | $362.24M | $346.14M | $323.98M | $313.71M | $300.04M | $283.61M | $263.69M | $256.86M | $244.84M | $229.98M | $211.59M | $205.27M | $195.62M | $182.42M | $167.32M | $164.91M | $144.83M | $131.90M | $118.47M | $109.77M | $90.73M | $76.86M |
High Forecast | $390.81M | $374.86M | $358.20M | $335.27M | $324.64M | $310.49M | $293.49M | $268.48M | $262.61M | $244.97M | $230.22M | $211.59M | $205.97M | $202.35M | $188.77M | $173.15M | $170.66M | $144.83M | $131.90M | $118.47M | $109.77M | $90.73M | $76.86M |
Low Forecast | $372.42M | $357.22M | $341.34M | $319.49M | $309.36M | $295.88M | $279.68M | $260.63M | $246.54M | $244.72M | $229.75M | $211.59M | $204.45M | $194.20M | $179.89M | $165.00M | $162.62M | $144.83M | $131.90M | $118.47M | $109.77M | $90.73M | $76.86M |
# Analysts | 13 | 8 | 8 | 9 | 12 | 7 | 7 | 16 | 19 | 9 | 7 | 4 | 9 | 22 | 11 | 11 | 16 | 10 | 10 | 18 | 11 | 13 | 21 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 1.02% | 1.04% | 1.04% | 1.02% | 1.05% | 1.06% | 1.06% | 1.09% | 1.13% | 1.15% |
Forecast
Confluent EBITDA Forecast
Quarter
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 13 | 8 | 8 | 9 | 12 | 7 | 7 | 16 | 19 | 9 | 7 | 4 | 9 | 22 | 11 | 11 | 16 | 10 | 10 | 18 | 11 | 13 | 21 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-84.68M | $-108.10M | $-118.42M | $-96.21M | $-112.50M | $-116.83M | $-115.50M | $-110.23M | $-112.82M | $-94.08M | $-85.24M |
Avg Forecast | $-288.69M | $-276.91M | $-264.60M | $-247.67M | $-239.81M | $-229.36M | $-216.81M | $-201.58M | $-196.36M | $-187.17M | $-175.81M | $-147.17M | $-156.92M | $-149.54M | $-139.45M | $-133.79M | $-129.61M | $-111.23M | $-101.30M | $-121.62M | $-84.30M | $-69.68M | $-97.42M |
High Forecast | $-284.69M | $-273.07M | $-260.93M | $-244.23M | $-236.48M | $-226.18M | $-213.80M | $-199.24M | $-188.46M | $-187.07M | $-175.63M | $-117.73M | $-156.29M | $-148.45M | $-137.51M | $-107.03M | $-103.69M | $-111.23M | $-101.30M | $-97.30M | $-84.30M | $-69.68M | $-77.94M |
Low Forecast | $-298.75M | $-286.56M | $-273.82M | $-256.29M | $-248.16M | $-237.35M | $-224.36M | $-205.24M | $-200.75M | $-187.27M | $-175.99M | $-176.60M | $-157.45M | $-154.68M | $-144.30M | $-160.54M | $-155.54M | $-111.23M | $-101.30M | $-145.95M | $-84.30M | $-69.68M | $-116.91M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.54% | 0.72% | 0.85% | 0.72% | 0.87% | 1.05% | 1.14% | 0.91% | 1.34% | 1.35% | 0.88% |
Forecast
Confluent Net Income Forecast
Quarter
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 13 | 8 | 8 | 9 | 12 | 7 | 7 | 16 | 19 | 9 | 7 | 4 | 9 | 22 | 11 | 11 | 16 | 10 | 10 | 18 | 11 | 13 | 21 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-94.10M | $-92.67M | $-103.42M | $-152.56M | $-105.88M | $-116.05M | $-117.63M | $-112.99M | $-114.44M | $-95.67M | $-88.17M |
Avg Forecast | $43.20M | $41.44M | $35.33M | $29.54M | $32.70M | $31.51M | $26.01M | $19.79M | $18.32M | $16.57M | $15.29M | $-149.73M | $16.30M | $-437.18K | $-19.81M | $-136.12M | $-131.48M | $-54.71M | $-61.15M | $-123.75M | $-67.49M | $-73.90M | $-100.77M |
High Forecast | $45.16M | $43.32M | $36.93M | $30.88M | $34.18M | $32.93M | $27.19M | $29.69M | $25.65M | $16.59M | $15.48M | $-119.79M | $17.04M | $-429.30K | $-19.45M | $-108.90M | $-105.18M | $-54.71M | $-61.15M | $-99.00M | $-67.49M | $-73.90M | $-80.61M |
Low Forecast | $42.42M | $40.70M | $34.70M | $29.01M | $32.11M | $30.94M | $25.54M | $16.49M | $17.99M | $16.56M | $15.11M | $-179.68M | $16.00M | $-456.98K | $-20.70M | $-163.35M | $-157.77M | $-54.71M | $-61.15M | $-148.50M | $-67.49M | $-73.90M | $-120.92M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -5.77% | 211.97% | 5.22% | 1.12% | 0.81% | 2.12% | 1.92% | 0.91% | 1.70% | 1.29% | 0.88% |
Forecast
Confluent SG&A Forecast
Quarter
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 13 | 8 | 8 | 9 | 12 | 7 | 7 | 16 | 19 | 9 | 7 | 4 | 9 | 22 | 11 | 11 | 16 | 10 | 10 | 18 | 11 | 13 | 21 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $153.86M | $160.50M | $164.11M | $163.98M | $157.89M | $147.35M | $142.73M | $134.18M | $130.78M | $112.32M | $111.15M |
Avg Forecast | $383.94M | $368.27M | $351.90M | $329.38M | $318.93M | $305.03M | $288.33M | $268.08M | $261.14M | $248.92M | $233.81M | $177.82M | $208.69M | $198.88M | $185.45M | $161.66M | $150.25M | $147.24M | $134.10M | $120.44M | $111.59M | $92.24M | $78.14M |
High Forecast | $397.32M | $381.10M | $364.16M | $340.85M | $330.04M | $315.66M | $298.38M | $272.95M | $266.98M | $249.05M | $234.05M | $213.39M | $209.39M | $205.71M | $191.91M | $193.99M | $180.30M | $147.24M | $134.10M | $120.44M | $111.59M | $92.24M | $78.14M |
Low Forecast | $378.62M | $363.16M | $347.02M | $324.81M | $314.51M | $300.80M | $284.34M | $264.97M | $250.64M | $248.79M | $233.57M | $142.26M | $207.85M | $197.43M | $182.88M | $129.33M | $120.20M | $147.24M | $134.10M | $120.44M | $111.59M | $92.24M | $78.14M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.74% | 0.81% | 0.88% | 1.01% | 1.05% | 1.00% | 1.06% | 1.11% | 1.17% | 1.22% | 1.42% |
Forecast
Confluent EPS Forecast
Quarter
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 13 | 8 | 8 | 9 | 12 | 7 | 7 | 16 | 19 | 9 | 7 | 4 | 9 | 22 | 11 | 11 | 16 | 10 | 10 | 18 | 11 | 13 | 21 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.30 | $-0.30 | $-0.35 | $-0.52 | $-0.37 | $-0.41 | $-0.42 | $-0.41 | $-0.43 | $-0.37 | $-0.34 |
Avg Forecast | $0.13 | $0.13 | $0.11 | $0.09 | $0.10 | $0.10 | $0.08 | $0.06 | $0.06 | $0.05 | $0.05 | $0.02 | $0.05 | $-0.00 | $-0.06 | $-0.14 | $-0.13 | $-0.17 | $-0.19 | $-0.21 | $-0.21 | $-0.23 | $-0.39 |
High Forecast | $0.14 | $0.13 | $0.11 | $0.10 | $0.11 | $0.10 | $0.08 | $0.09 | $0.08 | $0.05 | $0.05 | $0.02 | $0.05 | $-0.00 | $-0.06 | $-0.13 | $-0.13 | $-0.17 | $-0.19 | $-0.21 | $-0.21 | $-0.23 | $-0.39 |
Low Forecast | $0.13 | $0.13 | $0.11 | $0.09 | $0.10 | $0.10 | $0.08 | $0.05 | $0.06 | $0.05 | $0.05 | $0.02 | $0.05 | $-0.00 | $-0.06 | $-0.14 | $-0.14 | $-0.17 | $-0.19 | $-0.21 | $-0.21 | $-0.23 | $-0.39 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -5.97% | 222.55% | 5.73% | 3.79% | 2.75% | 2.39% | 2.19% | 1.94% | 2.04% | 1.60% | 0.88% |
Forecast