Confluent, Inc. (CFLT)
NASDAQ: CFLT · Real-Time Price · USD
29.68
+0.18 (0.61%)
At close: Jan 31, 2025, 4:00 PM
29.66
-0.02 (-0.07%)
After-hours: Jan 31, 2025, 7:43 PM EST
Confluent Stock Forecast
Stock Price Forecast
The 27 analysts with 12-month price forecasts for Confluent stock have an average target of 32.33, with a low estimate of 25 and a high estimate of 40. The average target predicts an increase of 8.93% from the current stock price of 29.68.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Confluent stock from 27 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 9 | 9 | 9 | 9 | 9 |
| Buy | 13 | 13 | 13 | 10 | 10 | 10 |
| Hold | 5 | 6 | 6 | 6 | 6 | 7 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 28 | 29 | 29 | 26 | 26 | 27 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Guggenheim | Guggenheim | Strong Buy Maintains $32 → $35 | Strong Buy | Maintains | $32 → $35 | +17.92% | Jan 31, 2025 |
| Morgan Stanley | Morgan Stanley | Buy → Hold Downgrades $33 → $30 | Buy → Hold | Downgrades | $33 → $30 | +1.08% | Jan 16, 2025 |
| Piper Sandler | Piper Sandler | Buy Maintains $32 → $35 | Buy | Maintains | $32 → $35 | +17.92% | Jan 6, 2025 |
| RBC Capital | RBC Capital | Buy Maintains $33 → $36 | Buy | Maintains | $33 → $36 | +21.29% | Jan 3, 2025 |
| Stifel | Stifel | Strong Buy Maintains $34 → $37 | Strong Buy | Maintains | $34 → $37 | +24.66% | Dec 18, 2024 |
Financial Forecast
Revenue This Year
978.13M
from 776.95M
Increased by 25.89%
Revenue Next Year
1.19B
from 978.13M
Increased by 21.35%
EPS This Year
0.26
from -1.47
EPS Next Year
0.35
from 0.26
Increased by 34.00%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 1.0B | 1.3B | 1.8B | |||
| Avg | 978.1M | 1.2B | 1.4B | |||
| Low | 929.0M | 1.1B | 1.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 30.8% | 36.4% | 47.9% | |||
| Avg | 25.9% | 21.4% | 21.4% | |||
| Low | 19.6% | 13.9% | 10.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 0.34 | 0.51 | 0.75 | |
| Avg | 0.26 | 0.35 | 0.51 | |
| Low | 0.23 | 0.26 | 0.36 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | 95.3% | 111.2% | |
| Avg | - | 34.0% | 45.3% | |
| Low | - | 0.4% | 2.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.