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

Analyst price target for CFLT

Based on 13 analysts offering 12 month price targets for Confluent Inc.
Min Forecast
$37.00-48%
Avg Forecast
$47.31-33.52%
Max Forecast
$61.00-14.28%

Should I buy or sell CFLT stock?

Based on 15 analysts offering ratings for Confluent Inc.
Buy
Strong Buy
3 analysts 20%
Buy
3 analysts 20%
Hold
9 analysts 60%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

CFLT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
DA Davidson
Bottom 34%
34
HoldInitiates Coverage On$61.00-14.28%2021-09-15
Morgan Stanley
Top 17%
84
HoldMaintains$49.00-31.14%2021-08-16
Anonymous
JMP Securities
BuyMaintains$52.00-26.93%2021-08-06
Barclays
Top 1%
100
HoldMaintains$47.00-33.95%2021-08-06
Citigroup
Top 7%
94
HoldInitiates Coverage On$45.00-36.76%2021-07-20
UBS
Top 5%
96
Strong BuyInitiates Coverage On$46.00-35.36%2021-07-19
Bank of America
Top 3%
98
HoldInitiates Coverage On$48.00-32.55%2021-07-19
Cowen & Co.
Top 2%
99
BuyInitiates Coverage OnN/AN/A2021-07-19
Wells Fargo
Top 10%
91
Strong BuyInitiates Coverage On$50.00-29.74%2021-07-19
Deutsche Bank
Top 13%
88
HoldInitiates Coverage On$37.00-48.00%2021-07-19

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Forecast return on equity

Is CFLT forecast to generate an efficient return?
Company
-25.95%
Industry
-19.74%
Market
1,975.19%
CFLT's Return on Equity is forecast to be low in 3 years (-25.95%); analysts are not confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is CFLT forecast to generate an efficient return on assets?
Company
-19.76%
Industry
16.13%
Market
951.37%
CFLT is forecast to generate lower Return on Assets (-19.76%) than the US Software - Infrastructure industry average (16.13%)
Forecast

CFLT earnings per share forecast

What is CFLT's earnings per share in the next 3 years based on estimates from 1 analysts?
Avg 1 year Forecast
-$1.95
Avg 2 year Forecast
-$1.70
Avg 3 year Forecast
-$1.00

CFLT revenue forecast

What is CFLT's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$350.1M
Avg 2 year Forecast
$468.1M
Avg 3 year Forecast
$615.4M

Confluent Stock Forecast FAQ

Is Confluent Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 15 Wall Street analysts covering (NASDAQ: CFLT) stock is to Buy CFLT stock.

Out of 15 analysts, 3 (20%) are recommending CFLT as a Strong Buy, 3 (20%) are recommending CFLT as a Buy, 9 (60%) are recommending CFLT as a Hold, 0 (0%) are recommending CFLT as a Sell, and 0 (0%) are recommending CFLT as a Strong Sell.

What is CFLT's earnings growth forecast for 2021-2023?

(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 6.33%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 22.98%.

Confluent's earnings in 2021 is N/A.On average, 1 Wall Street analysts forecast CFLT's earnings for 2021 to be $-507,799,570, with the lowest CFLT earnings forecast at $-507,799,570, and the highest CFLT earnings forecast at $-507,799,570. On average, 1 Wall Street analysts forecast CFLT's earnings for 2022 to be $-442,697,061, with the lowest CFLT earnings forecast at $-442,697,061, and the highest CFLT earnings forecast at $-442,697,061.

In 2023, CFLT is forecast to generate $-260,410,036 in earnings, with the lowest earnings forecast at $-364,574,050 and the highest earnings forecast at $-158,850,122.

What is CFLT's revenue growth forecast for 2021-2023?

(NASDAQ: CFLT) Confluent's forecast annual revenue growth rate of N/A is not forecast to beat the US Software - Infrastructure industry's average forecast revenue growth rate of 12.3%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 14.64%.

Confluent's revenue in 2021 is N/A.On average, 6 Wall Street analysts forecast CFLT's revenue for 2021 to be $91,179,970,005, with the lowest CFLT revenue forecast at $90,883,102,564, and the highest CFLT revenue forecast at $91,513,294,851. On average, 6 Wall Street analysts forecast CFLT's revenue for 2022 to be $121,892,729,651, with the lowest CFLT revenue forecast at $118,793,850,222, and the highest CFLT revenue forecast at $125,890,023,703.

In 2023, CFLT is forecast to generate $160,261,544,355 in revenue, with the lowest revenue forecast at $147,131,670,340 and the highest revenue forecast at $169,394,124,318.

What is CFLT's forecast return on assets (ROA) for 2021-2023?

(NASDAQ: CFLT) forecast ROA is -19.76%, which is lower than the forecast US Software - Infrastructure industry average of 16.13%.

What is CFLT's Price Target?

According to 13 Wall Street analysts that have issued a 1 year CFLT price target, the average CFLT price target is $47.31, with the highest CFLT stock price forecast at $61.00 and the lowest CFLT stock price forecast at $37.00.

On average, Wall Street analysts predict that Confluent's share price could stay at $47.31 by Sep 15, 2022. The average Confluent stock price prediction forecasts a potential downside of N/A from the current CFLT share price of $71.16.

What is CFLT's Earnings Per Share (EPS) forecast for 2021-2023?

(NASDAQ: CFLT) Confluent's current Earnings Per Share (EPS) is N/A. On average, analysts forecast that CFLT's EPS will be $-1.95 for 2021, with the lowest EPS forecast at $-1.95, and the highest EPS forecast at $-1.95. On average, analysts forecast that CFLT's EPS will be $-1.70 for 2022, with the lowest EPS forecast at $-1.70, and the highest EPS forecast at $-1.70. In 2023, CFLT's EPS is forecast to hit $-1.00 (min: $-1.40, max: $-0.61).

What is CFLT's forecast return on equity (ROE) for 2021-2023?

(NASDAQ: CFLT) forecast ROE is -25.95%, which is considered weak.
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