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

OverviewForecast
EarningsRevenueDividendOwnership

Analyst price target for CFLT

Based on 23 analysts offering 12 month price targets for Confluent Inc

Min Forecast
$25.00-25.73%
Avg Forecast
$30.87-8.29%
Max Forecast
$40.00+18.84%

Should I buy or sell CFLT stock?

Based on 23 analysts offering ratings for Confluent Inc.

Buy
Strong Buy
11 analysts 47.83%
Buy
6 analysts 26.09%
Hold
5 analysts 21.74%
Sell
1 analysts 4.35%
Strong Sell
0 analysts 0%
Although CFLT's forecast from analysts indicates a "Buy", our proven Zen Rating quant model rates CFLT as a "Hold". Stocks with a Zen Rating of Hold have beat the market by +7.53%. Learn More

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%2024-12-06Find Out Why
lockedlocked$00.00+00.00%2024-12-05
lockedlocked$00.00+00.00%2024-11-15
lockedlocked$00.00+00.00%2024-10-31
lockedlocked$00.00+00.00%2024-10-31
ScotiaBank
Top 35%
66
HoldMaintains$27.00-19.79%2024-10-31
TD Cowen
Top 2%
99
Strong BuyMaintains$31.00-7.90%2024-10-31
Mizuho
Top 3%
98
BuyMaintains$31.00-7.90%2024-10-31
Baird
Top 2%
99
HoldMaintains$28.00-16.82%2024-10-31
JMP Securities
Top 6%
95
BuyReiterates$40.00+18.84%2024-10-29

1 of 3

Forecast return on equity

Is CFLT forecast to generate an efficient return?

Company
N/A
Industry
55.62%
Market
70.65%

Forecast return on assets

Is CFLT forecast to generate an efficient return on assets?

Company
N/A
Industry
20.09%

CFLT earnings per share forecast

What is CFLT's earnings per share in the next 3 years based on estimates from 10 analysts?

Avg 1 year Forecast
-$0.90
Avg 2 year Forecast
-$0.85
Avg 3 year Forecast
-$0.79

CFLT revenue forecast

What is CFLT's revenue in the next 3 years based on estimates from 10 analysts?

Avg 1 year Forecast
$958.0M+4.63%
Avg 2 year Forecast
$1.2B+26.61%
Avg 3 year Forecast
$1.4B+53%
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
14.98%
Industry
11.89%
Market
8.88%
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$33.66$30.87-8.29%Buy
GTLB$67.19$74.45+10.81%Strong Buy
KVYO$39.74$40.55+2.03%Strong Buy
RBRK$64.63$65.39+1.17%Strong Buy
WIX$219.68$226.64+3.17%Strong Buy
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 23 Wall Street analysts covering (NASDAQ: CFLT) stock is to Buy CFLT stock.

Out of 23 analysts, 11 (47.83%) are recommending CFLT as a Strong Buy, 6 (26.09%) are recommending CFLT as a Buy, 5 (21.74%) are recommending CFLT as a Hold, 1 (4.35%) 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 11.47%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.31%.

Confluent's earnings in 2024 is -$351,107,000.On average, 10 Wall Street analysts forecast CFLT's earnings for 2024 to be -$296,179,396, with the lowest CFLT earnings forecast at -$308,315,207, and the highest CFLT earnings forecast at -$282,075,615. On average, 10 Wall Street analysts forecast CFLT's earnings for 2025 to be -$278,467,671, with the lowest CFLT earnings forecast at -$337,834,748, and the highest CFLT earnings forecast at -$236,156,329.

In 2026, CFLT is forecast to generate -$259,935,959 in earnings, with the lowest earnings forecast at -$390,313,932 and the highest earnings forecast at -$150,877,654.

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

(NASDAQ: CFLT) Confluent's forecast annual revenue growth rate of 14.98% is forecast to beat the US Software - Infrastructure industry's average forecast revenue growth rate of 11.89%, and it is also forecast to beat the US market's average forecast revenue growth rate of 8.88%.

Confluent's revenue in 2024 is $915,606,000.On average, 10 Wall Street analysts forecast CFLT's revenue for 2024 to be $314,224,035,082, with the lowest CFLT revenue forecast at $311,844,432,075, and the highest CFLT revenue forecast at $315,039,102,411. On average, 10 Wall Street analysts forecast CFLT's revenue for 2025 to be $380,217,921,142, with the lowest CFLT revenue forecast at $372,707,165,904, and the highest CFLT revenue forecast at $387,689,972,982.

In 2026, CFLT is forecast to generate $459,491,336,760 in revenue, with the lowest revenue forecast at $436,397,215,781 and the highest revenue forecast at $470,377,487,524.

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 20.09%.

What is CFLT's Price Target?

According to 23 Wall Street analysts that have issued a 1 year CFLT price target, the average CFLT price target is $30.87, with the highest CFLT stock price forecast at $40.00 and the lowest CFLT stock price forecast at $25.00.

On average, Wall Street analysts predict that Confluent's share price could fall to $30.87 by Dec 6, 2025. The average Confluent stock price prediction forecasts a potential downside of 8.29% from the current CFLT share price of $33.66.

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

(NASDAQ: CFLT) Confluent's current Earnings Per Share (EPS) is -$1.11. On average, analysts forecast that CFLT's EPS will be -$0.90 for 2024, with the lowest EPS forecast at -$0.94, and the highest EPS forecast at -$0.86. On average, analysts forecast that CFLT's EPS will be -$0.85 for 2025, with the lowest EPS forecast at -$1.03, and the highest EPS forecast at -$0.72. In 2026, CFLT's EPS is forecast to hit -$0.79 (min: -$1.19, max: -$0.46).

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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