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

Analyst price target for CFLT

Based on 14 analysts offering 12 month price targets for Confluent Inc.
Min Forecast
$28.00-5.47%
Avg Forecast
$37.71+27.33%
Max Forecast
$45.00+51.92%

Should I buy or sell CFLT stock?

Based on 14 analysts offering ratings for Confluent Inc.
Strong Buy
Strong Buy
7 analysts 50%
Buy
4 analysts 28.57%
Hold
3 analysts 21.43%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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CFLT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Needham
Top 16%
85
BuyReiterates$45.00+51.92%2023-09-25
Canaccord Genuity
Top 40%
61
Strong BuyInitiates Coverage On$40.00+35.04%2023-09-01
Morgan Stanley
Bottom 7%
7
Strong BuyMaintains$40.00+35.04%2023-08-03
Citigroup
Top 20%
81
HoldMaintains$37.00+24.92%2023-08-03
Truist Securities
Top 13%
88
Strong BuyReiterates$42.00+41.80%2023-06-23
Deutsche Bank
Top 10%
91
Strong BuyReiterates$38.00+28.29%2023-06-15
Goldman Sachs
Top 14%
87
HoldMaintains$32.00+8.04%2023-06-15
JMP Securities
Bottom 3%
3
BuyMaintains$41.00+38.42%2023-06-14
JP Morgan
Top 18%
83
HoldMaintains$31.00+4.66%2023-06-14
Wells Fargo
Bottom 3%
3
Strong BuyMaintains$41.00+38.42%2023-06-14

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Forecast return on equity

Is CFLT forecast to generate an efficient return?
Company
-26.22%
Industry
90.85%
Market
58.43%
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
-8.58%
Industry
17.91%
CFLT is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

CFLT revenue growth forecast

How is CFLT forecast to perform vs Software - Infrastructure companies and vs the US market?
Company
21.45%
Industry
11.6%
Market
7.89%
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$29.62$37.71+27.33%Strong Buy
HOOD$9.68$13.50+39.46%Hold
PATH$16.29$19.50+19.71%Buy
WEX$198.68$219.60+10.53%Hold
FFIV$158.52$170.13+7.32%Buy

Confluent Stock Forecast FAQ

Is Confluent Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 14 Wall Street analysts covering (NASDAQ: CFLT) stock is to Strong Buy CFLT stock.

Out of 14 analysts, 7 (50%) are recommending CFLT as a Strong Buy, 4 (28.57%) are recommending CFLT as a Buy, 3 (21.43%) 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 forecast return on equity (ROE) for 2023-2025?

(NASDAQ: CFLT) forecast ROE is -26.22%, which is considered weak.

What is CFLT's Price Target?

According to 14 Wall Street analysts that have issued a 1 year CFLT price target, the average CFLT price target is $37.71, with the highest CFLT stock price forecast at $45.00 and the lowest CFLT stock price forecast at $28.00.

On average, Wall Street analysts predict that Confluent's share price could reach $37.71 by Sep 25, 2024. The average Confluent stock price prediction forecasts a potential upside of 27.33% from the current CFLT share price of $29.62.

What is CFLT's forecast return on assets (ROA) for 2023-2025?

(NASDAQ: CFLT) forecast ROA is -8.58%, which is lower than the forecast US Software - Infrastructure industry average of 17.91%.
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