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

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Analyst price target for CFLT

Based on 11 analysts offering 12 month price targets for Confluent Inc.
Min Forecast
$25.00+14.57%
Avg Forecast
$37.55+72.07%
Max Forecast
$76.00+248.3%

Should I buy or sell CFLT stock?

Based on 11 analysts offering ratings for Confluent Inc.
Buy
Strong Buy
4 analysts 36.36%
Buy
2 analysts 18.18%
Hold
5 analysts 45.45%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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CFLT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
JP Morgan
Bottom 23%
23
HoldMaintains$25.00+14.57%2022-11-03
Credit Suisse
Bottom 4%
4
BuyMaintains$55.00+152.06%2022-11-03
Morgan Stanley
Bottom 13%
13
HoldMaintains$35.00+60.40%2022-11-03
Barclays
Top 22%
79
HoldMaintains$27.00+23.74%2022-11-03
Citigroup
Bottom 5%
5
HoldMaintains$30.00+37.49%2022-11-01
Truist Securities
Top 19%
82
Strong BuyInitiates Coverage On$35.00+60.40%2022-09-30
UBS
Top 10%
91
Strong BuyMaintains$35.00+60.40%2022-08-04
Wells Fargo
Bottom 1%
1
Strong BuyMaintains$40.00+83.32%2022-08-04
ScotiaBank
Bottom 17%
17
BuyInitiates Coverage On$27.00+23.74%2022-06-09
Deutsche Bank
Bottom 3%
3
HoldMaintains$28.00+28.32%2022-05-06

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Forecast return on equity

Is CFLT forecast to generate an efficient return?
Company
-24.11%
Industry
35.11%
Market
62.68%
CFLT's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is CFLT forecast to generate an efficient return on assets?
Company
-8.17%
Industry
21.5%
CFLT is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

CFLT earnings per share forecast

What is CFLT's earnings per share in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
-$1.63
Avg 2 year Forecast
-$1.40
Avg 3 year Forecast
-$1.14

CFLT revenue forecast

What is CFLT's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$568.5M+5.83%
Avg 2 year Forecast
$756.7M+40.86%
Avg 3 year Forecast
$1.0B+87.79%
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
22.54%
Industry
10.42%
Market
6.67%
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$21.82$37.55+72.07%Buy
IOT$12.44$26.11+109.90%Strong Buy
CYBR$140.17$178.56+27.39%Strong Buy
CCCS$8.94$11.43+27.84%Buy
WEX$159.54$190.56+19.44%Strong Buy

Confluent Stock Forecast FAQ

Is Confluent Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 11 Wall Street analysts covering (NASDAQ: CFLT) stock is to Buy CFLT stock.

Out of 11 analysts, 4 (36.36%) are recommending CFLT as a Strong Buy, 2 (18.18%) are recommending CFLT as a Buy, 5 (45.45%) 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 2022-2024?

(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 11.94%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.05%.

Confluent's earnings in 2022 is -$461,106,000.On average, 7 Wall Street analysts forecast CFLT's earnings for 2022 to be -$466,834,872, with the lowest CFLT earnings forecast at -$478,290,943, and the highest CFLT earnings forecast at -$461,106,837. On average, 7 Wall Street analysts forecast CFLT's earnings for 2023 to be -$400,962,467, with the lowest CFLT earnings forecast at -$455,378,802, and the highest CFLT earnings forecast at -$355,138,185.

In 2024, CFLT is forecast to generate -$326,498,009 in earnings, with the lowest earnings forecast at -$363,730,238 and the highest earnings forecast at -$292,129,797.

What is CFLT's revenue growth forecast for 2022-2024?

(NASDAQ: CFLT) Confluent's forecast annual revenue growth rate of 22.54% is forecast to beat the US Software - Infrastructure industry's average forecast revenue growth rate of 10.42%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 6.67%.

Confluent's revenue in 2022 is $537,206,000.On average, 7 Wall Street analysts forecast CFLT's revenue for 2022 to be $162,827,993,750, with the lowest CFLT revenue forecast at $160,353,482,526, and the highest CFLT revenue forecast at $163,664,286,895. On average, 7 Wall Street analysts forecast CFLT's revenue for 2023 to be $216,727,086,948, with the lowest CFLT revenue forecast at $208,214,080,974, and the highest CFLT revenue forecast at $223,880,257,355.

In 2024, CFLT is forecast to generate $288,935,271,987 in revenue, with the lowest revenue forecast at $270,377,583,416 and the highest revenue forecast at $298,860,238,647.

What is CFLT's forecast return on assets (ROA) for 2022-2025?

(NASDAQ: CFLT) forecast ROA is -8.17%, which is lower than the forecast US Software - Infrastructure industry average of 21.5%.

What is CFLT's Price Target?

According to 11 Wall Street analysts that have issued a 1 year CFLT price target, the average CFLT price target is $37.55, with the highest CFLT stock price forecast at $76.00 and the lowest CFLT stock price forecast at $25.00.

On average, Wall Street analysts predict that Confluent's share price could reach $37.55 by Nov 3, 2023. The average Confluent stock price prediction forecasts a potential upside of 72.07% from the current CFLT share price of $21.82.

What is CFLT's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: CFLT) Confluent's current Earnings Per Share (EPS) is -$1.66. On average, analysts forecast that CFLT's EPS will be -$1.63 for 2022, with the lowest EPS forecast at -$1.67, and the highest EPS forecast at -$1.61. On average, analysts forecast that CFLT's EPS will be -$1.40 for 2023, with the lowest EPS forecast at -$1.59, and the highest EPS forecast at -$1.24. In 2024, CFLT's EPS is forecast to hit -$1.14 (min: -$1.27, max: -$1.02).

What is CFLT's forecast return on equity (ROE) for 2022-2025?

(NASDAQ: CFLT) forecast ROE is -24.11%, which is considered weak.
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