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Confluent (CFLT) Stock Forecast, Price Target & Predictions

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CFLT Stock Forecast

Confluent (CFLT) stock forecast, based on 16 Wall Street analysts, predicts a 12-month average price target of $29.17, with a high of $37.00 and a low of $23.00. This represents a -3.09% decline from the last price of $30.10.

$20 $24 $28 $32 $36 $40 High: $37 Avg: $29.17 Low: $23 Last Closed Price: $30.1

CFLT Stock Rating

Confluent stock's rating consensus is Buy, based on 16 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 8 Buy (50.00%), 7 Hold (43.75%), 1 Sell (6.25%), and 0 Strong Sell (0.00%).

Buy
Total 16 0 1 7 8 Strong Sell Sell Hold Buy Strong Buy

CFLT Forecast vs Benchmarks

TypeNameUpside
StockConfluent-3.09%
SectorTechnology Stocks 13.03%

Price Target Trends

1M3M12M
# Anlaysts1422
Avg Price Target$36.00$32.50$31.36
Last Closing Price$30.10$30.10$30.10
Upside/Downside19.60%7.97%4.19%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 257189-135
Dec, 248188-135
Nov, 2481871135
Oct, 2481871135
Sep, 2481871135
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jan 03, 2025Matthew HedbergRBC Capital$36.00$28.6725.57%19.60%
Dec 18, 2024Brad RebackStifel Nicolaus$37.00$29.4625.59%22.92%
Oct 31, 2024Karl KeirsteadUBS$26.00$23.0712.70%-13.62%
Oct 31, 2024Mike CikosNeedham$31.00$23.0734.37%2.99%
Oct 29, 2024Tyler RadkeCitigroup$25.00$22.6010.62%-16.94%
Sep 25, 2024Brad RebackStifel Nicolaus$32.00$19.8161.53%6.31%
Sep 20, 2024Chirag VedEvercore ISI$28.00$20.6635.53%-6.98%
Sep 20, 2024Kash RanganGoldman Sachs$28.00$20.6635.53%-6.98%
Sep 18, 2024Gregg MoskowitzMizuho Securities$31.00$20.8049.04%2.99%
Sep 03, 2024William PowerRobert W. Baird$23.00$20.3712.91%-23.59%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Jan 03, 2025RBC CapitalOutperformOutperformhold
Oct 31, 2024RBC CapitalOutperformOutperformhold
Oct 31, 2024UBSNeutralNeutralhold
Oct 31, 2024NeedhamBuyBuyhold
Oct 29, 2024CitigroupNeutralNeutralhold
Oct 28, 2024KeyBancSector WeightSector Weighthold
Oct 17, 2024Wells FargoSector PerformSector Performhold
Sep 20, 2024Cowen & Co.BuyBuyhold
Sep 20, 2024Evercore ISIOutperformOutperformhold
Sep 20, 2024Goldman SachsNeutralNeutralhold

Financial Forecast

EPS Forecast

Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-1.82$-1.62$-1.47-----
Avg Forecast$-0.87$-0.62$-0.01$0.26$0.35$0.50$0.49$0.60
High Forecast$-0.94$-0.66$-0.01$0.24$0.24$0.27$0.47$0.58
Low Forecast$-0.86$-0.60$-0.01$0.28$0.45$0.70$0.52$0.64
Surprise %109.20%161.29%14600.00%-----

Revenue Forecast

$0 $500M $1B $2B $2B $3B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$387.86M$585.94M$776.95M-----
Avg Forecast$377.78M$581.97M$769.00M$959.17M$1.16B$1.41B$1.65B$1.95B
High Forecast$372.58M$566.58M$768.20M$949.34M$1.14B$1.41B$1.61B$1.91B
Low Forecast$399.10M$606.53M$769.69M$961.94M$1.18B$1.42B$1.74B$2.06B
Surprise %2.67%0.68%1.03%-----

Net Income Forecast

$-650M $-470M $-290M $-110M $70M $250M Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-342.80M$-452.55M$-442.75M-----
Avg Forecast$-262.31M$-536.65M$-442.75M$77.82M$103.76M$145.58M$145.85M$180.44M
High Forecast$-281.56M$-643.98M$-531.30M$71.83M$73.25M$81.37M$142.16M$175.87M
Low Forecast$-257.62M$-429.32M$-354.20M$83.80M$134.28M$209.80M$156.28M$193.33M
Surprise %30.68%-15.67%------

CFLT Forecast FAQ

Is Confluent stock a buy?

Confluent stock has a consensus rating of Buy, based on 16 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 8 Buy, 7 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that Confluent is a favorable investment for most analysts.

What is Confluent's price target?

Confluent's price target, set by 16 Wall Street analysts, averages $29.17 over the next 12 months. The price target range spans from $23 at the low end to $37 at the high end, suggesting a potential -3.09% change from the previous close price of $30.1.

How does Confluent stock forecast compare to the average forecast of its sector, industry, and investment themes?

Confluent stock forecast shows a -3.09% downside, underperforming the average forecast for the technology stocks sector (13.03%).

What is the breakdown of analyst ratings for Confluent over the past three months?

  • January 2025: 20.00% Strong Buy, 51.43% Buy, 25.71% Hold, 0% Sell, 2.86% Strong Sell.
  • December 2024: 22.86% Strong Buy, 51.43% Buy, 22.86% Hold, 0% Sell, 2.86% Strong Sell.
  • November 2024: 22.86% Strong Buy, 51.43% Buy, 20.00% Hold, 2.86% Sell, 2.86% Strong Sell.

What is Confluent’s EPS forecast?

Confluent's average annual EPS forecast for its fiscal year ending in December is 0.26 for 2024, a -117.69% decrease from the reported $-1.47 in 2023. The prediction for 2025 is $0.35, $0.5 for 2026, $0.49 for 2027, and $0.6 for 2028.

What is Confluent’s revenue forecast?

Confluent's average annual revenue forecast for its fiscal year ending in December is $959.17M for 2024, a 23.45% increase from the reported $776.95M in 2023. The forecast for 2025 is $1.16B, $1.41B for 2026, $1.65B for 2027, and $1.95B for 2028.

What is Confluent’s net income forecast?

For its fiscal year ending in December, Confluent's average annual net income forecast is $77.82M for 2024, reflecting a -117.58% decrease from the reported $-443M in 2023. The projection for 2025 is $103.76M, $145.58M for 2026, $145.85M for 2027, and $180.44M for 2028.