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

OverviewForecast
EarningsDividendOwnership

Analyst price target for CFLT

Based on 22 analysts offering 12 month price targets for Confluent Inc.
Min Forecast
$21.00-29.41%
Avg Forecast
$30.23+1.6%
Max Forecast
$40.00+34.45%

Should I buy or sell CFLT stock?

Based on 22 analysts offering ratings for Confluent Inc.
Buy
Strong Buy
9 analysts 40.91%
Buy
6 analysts 27.27%
Hold
6 analysts 27.27%
Sell
1 analysts 4.55%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their CFLT stock forecasts and price targets.

CFLT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-15
lockedlocked$00.00+00.00%2024-04-01
lockedlocked$00.00+00.00%2024-03-22
lockedlocked$00.00+00.00%2024-02-21
lockedlocked$00.00+00.00%2024-02-14
JP Morgan
Top 20%
81
HoldMaintains$27.00-9.24%2024-02-08
ScotiaBank
Bottom 20%
20
HoldMaintains$28.00-5.88%2024-02-08
Barclays
Top 1%
100
Strong BuyMaintains$33.00+10.92%2024-02-08
JMP Securities
Bottom 7%
7
BuyMaintains$38.00+27.73%2024-02-08
Goldman Sachs
Top 14%
87
HoldMaintains$27.00-9.24%2024-02-08

1 of 3

Forecast return on equity

Is CFLT forecast to generate an efficient return?
Company
N/A
Industry
42.45%
Market
34.83%

Forecast return on assets

Is CFLT forecast to generate an efficient return on assets?
Company
N/A
Industry
22.19%

CFLT revenue forecast

What is CFLT's revenue in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$949.8M+22.24%
Avg 2 year Forecast
$1.2B+51.69%
Avg 3 year Forecast
$1.4B+86.29%
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
22.62%
Industry
10.63%
Market
9.94%
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$29.75$30.23+1.60%Buy
INFA$31.90$35.55+11.43%Buy
WEX$216.58$250.44+15.64%Buy
DOX$84.98$108.00+27.09%Strong Buy
AFRM$33.33$30.04-9.88%Hold
View Top Software Infrastructure Stocks

Confluent Stock Forecast FAQ

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

The consensus among 22 Wall Street analysts covering (NASDAQ: CFLT) stock is to Buy CFLT stock.

Out of 22 analysts, 9 (40.91%) are recommending CFLT as a Strong Buy, 6 (27.27%) are recommending CFLT as a Buy, 6 (27.27%) are recommending CFLT as a Hold, 1 (4.55%) 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 revenue growth forecast for 2024-2026?

(NASDAQ: CFLT) Confluent's forecast annual revenue growth rate of 22.62% is forecast to beat the US Software - Infrastructure industry's average forecast revenue growth rate of 10.63%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.94%.

Confluent's revenue in 2024 is $776,952,000.On average, 9 Wall Street analysts forecast CFLT's revenue for 2024 to be $296,918,555,149, with the lowest CFLT revenue forecast at $296,152,944,204, and the highest CFLT revenue forecast at $297,178,343,918. On average, 9 Wall Street analysts forecast CFLT's revenue for 2025 to be $368,442,060,927, with the lowest CFLT revenue forecast at $363,007,129,821, and the highest CFLT revenue forecast at $371,582,347,550.

In 2026, CFLT is forecast to generate $452,477,318,945 in revenue, with the lowest revenue forecast at $439,665,137,092 and the highest revenue forecast at $462,402,125,261.

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 22.19%.

What is CFLT's Price Target?

According to 22 Wall Street analysts that have issued a 1 year CFLT price target, the average CFLT price target is $30.23, with the highest CFLT stock price forecast at $40.00 and the lowest CFLT stock price forecast at $21.00.

On average, Wall Street analysts predict that Confluent's share price could reach $30.23 by Apr 15, 2025. The average Confluent stock price prediction forecasts a potential upside of 1.6% from the current CFLT share price of $29.75.

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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