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NASDAQ: CFLT
Confluent Inc Stock Forecast, Predictions & Price Target

Analyst price target for CFLT

Based on 19 analysts offering 12 month price targets for Confluent Inc.
Min Forecast
$23.00-6.16%
Avg Forecast
$34.32+40.01%
Max Forecast
$40.00+63.2%

Should I buy or sell CFLT stock?

Based on 19 analysts offering ratings for Confluent Inc.
Buy
Strong Buy
8 analysts 42.11%
Buy
6 analysts 31.58%
Hold
5 analysts 26.32%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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CFLT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-07-16
lockedlocked$00.00+00.00%2024-06-25
lockedlocked$00.00+00.00%2024-06-11
lockedlocked$00.00+00.00%2024-06-11
lockedlocked$00.00+00.00%2024-06-04
Oppenheimer
Top 8%
93
BuyInitiates Coverage On$37.00+50.96%2024-05-17
Goldman Sachs
Top 16%
85
HoldMaintains$30.00+22.40%2024-05-09
Barclays
Top 2%
99
Strong BuyMaintains$34.00+38.72%2024-05-08Find out why
JMP Securities
Bottom 4%
4
BuyMaintains$40.00+63.20%2024-05-08
TD Cowen
Top 4%
97
Strong BuyMaintains$37.00+50.96%2024-05-08Find out why

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Forecast return on equity

Is CFLT forecast to generate an efficient return?
Company
N/A
Industry
63.3%
Market
80.39%

Forecast return on assets

Is CFLT forecast to generate an efficient return on assets?
Company
N/A
Industry
23.94%

CFLT earnings per share forecast

What is CFLT's earnings per share in the next 3 years based on estimates from 11 analysts?
Avg 1 year Forecast
-$0.94
Avg 2 year Forecast
-$0.89
Avg 3 year Forecast
-$0.78

CFLT revenue forecast

What is CFLT's revenue in the next 3 years based on estimates from 10 analysts?
Avg 1 year Forecast
$957.0M+16.72%
Avg 2 year Forecast
$1.2B+44.7%
Avg 3 year Forecast
$1.5B+77.76%
CFLT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CFLT revenue growth forecast

How is CFLT forecast to perform vs Software - Infrastructure companies and vs the US market?
Company
20.77%
Industry
15.12%
Market
11.29%
CFLT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CFLT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CFLT vs Software Infrastructure Stocks

TickerPricePrice TargetUp/downsideConsensus
CFLT$24.51$34.32+40.01%Buy
WEX$185.31$250.56+35.21%Buy
DBX$23.23$28.80+23.98%Hold
SPSC$205.45$206.25+0.39%Strong Buy
ALTR$90.58$94.60+4.44%Hold

Confluent Stock Forecast FAQ

Is Confluent Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 19 Wall Street analysts covering (NASDAQ: CFLT) stock is to Buy CFLT stock.

Out of 19 analysts, 8 (42.11%) are recommending CFLT as a Strong Buy, 6 (31.58%) are recommending CFLT as a Buy, 5 (26.32%) are recommending CFLT as a Hold, 0 (0%) are recommending CFLT as a Sell, and 0 (0%) are recommending CFLT as a Strong Sell.

If you're new to stock investing, here's how to buy Confluent stock.

What is CFLT's earnings growth forecast for 2024-2026?

(NASDAQ: CFLT) Confluent's forecast annual earnings growth rate of N/A is not forecast to beat the US Software - Infrastructure industry's average forecast earnings growth rate of 15.08%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.72%.

Confluent's earnings in 2024 is -$383,158,000.On average, 11 Wall Street analysts forecast CFLT's earnings for 2024 to be -$297,620,667, with the lowest CFLT earnings forecast at -$314,656,621, and the highest CFLT earnings forecast at -$251,089,627. On average, 11 Wall Street analysts forecast CFLT's earnings for 2025 to be -$283,159,176, with the lowest CFLT earnings forecast at -$346,440,118, and the highest CFLT earnings forecast at -$174,809,234.

In 2026, CFLT is forecast to generate -$248,705,865 in earnings, with the lowest earnings forecast at -$314,656,621 and the highest earnings forecast at -$133,490,688.

What is CFLT's revenue growth forecast for 2024-2026?

(NASDAQ: CFLT) Confluent's forecast annual revenue growth rate of 20.77% is forecast to beat the US Software - Infrastructure industry's average forecast revenue growth rate of 15.12%, and it is also forecast to beat the US market's average forecast revenue growth rate of 11.29%.

Confluent's revenue in 2024 is $819,887,000.On average, 10 Wall Street analysts forecast CFLT's revenue for 2024 to be $304,169,974,257, with the lowest CFLT revenue forecast at $303,977,366,264, and the highest CFLT revenue forecast at $304,231,634,241. On average, 9 Wall Street analysts forecast CFLT's revenue for 2025 to be $377,060,339,496, with the lowest CFLT revenue forecast at $370,284,097,914, and the highest CFLT revenue forecast at $380,130,625,316.

In 2026, CFLT is forecast to generate $463,221,268,280 in revenue, with the lowest revenue forecast at $447,956,608,127 and the highest revenue forecast at $473,005,182,192.

What is CFLT's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: CFLT) forecast ROA is N/A, which is lower than the forecast US Software - Infrastructure industry average of 23.94%.

What is CFLT's Price Target?

According to 19 Wall Street analysts that have issued a 1 year CFLT price target, the average CFLT price target is $34.32, with the highest CFLT stock price forecast at $40.00 and the lowest CFLT stock price forecast at $23.00.

On average, Wall Street analysts predict that Confluent's share price could reach $34.32 by Jul 16, 2025. The average Confluent stock price prediction forecasts a potential upside of 40.01% from the current CFLT share price of $24.51.

What is CFLT's Earnings Per Share (EPS) forecast for 2024-2026?

(NASDAQ: CFLT) Confluent's current Earnings Per Share (EPS) is -$1.25. On average, analysts forecast that CFLT's EPS will be -$0.94 for 2024, with the lowest EPS forecast at -$0.99, and the highest EPS forecast at -$0.79. On average, analysts forecast that CFLT's EPS will be -$0.89 for 2025, with the lowest EPS forecast at -$1.09, and the highest EPS forecast at -$0.55. In 2026, CFLT's EPS is forecast to hit -$0.78 (min: -$0.99, max: -$0.42).

What is CFLT's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: CFLT) forecast ROE is N/A, which is considered weak.
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