Confluent, Inc. (CFLT)
NASDAQ: CFLT · Real-Time Price · USD
23.26
+1.49 (6.84%)
At close: Apr 24, 2025, 4:00 PM
23.26
0.00 (0.00%)
After-hours: Apr 24, 2025, 5:07 PM EDT
Confluent Stock Forecast
Stock Price Forecast
The 30 analysts with 12-month price forecasts for Confluent stock have an average target of 33.53, with a low estimate of 22 and a high estimate of 41. The average target predicts an increase of 44.15% from the current stock price of 23.26.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Confluent stock from 30 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 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 9 | 9 | 10 | 10 | 10 |
| Buy | 10 | 10 | 10 | 11 | 11 | 12 |
| Hold | 6 | 6 | 7 | 7 | 7 | 7 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 26 | 26 | 27 | 29 | 29 | 30 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Hold Maintains $35 → $24 | Hold | Maintains | $35 → $24 | +3.18% | Apr 24, 2025 |
| Guggenheim | Guggenheim | Strong Buy Reiterates $38 | Strong Buy | Reiterates | $38 | +63.37% | Apr 23, 2025 |
| Loop Capital | Loop Capital | Hold Maintains $30 → $22 | Hold | Maintains | $30 → $22 | -5.42% | Apr 23, 2025 |
| Wells Fargo | Wells Fargo | Buy Maintains $42 → $32 | Buy | Maintains | $42 → $32 | +37.58% | Apr 22, 2025 |
| Barclays | Barclays | Buy Maintains $37 → $29 | Buy | Maintains | $37 → $29 | +24.68% | Apr 21, 2025 |
Financial Forecast
Revenue This Year
1.19B
from 963.64M
Increased by 23.07%
Revenue Next Year
1.43B
from 1.19B
Increased by 20.57%
EPS This Year
0.36
from -1.07
EPS Next Year
0.50
from 0.36
Increased by 38.95%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 1.2B | 1.6B | 1.9B | ||
| Avg | 1.2B | 1.4B | 1.7B | ||
| Low | 1.1B | 1.3B | 1.5B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 29.2% | 31.5% | 35.9% | ||
| Avg | 23.1% | 20.6% | 20.9% | ||
| Low | 15.4% | 9.3% | 6.3% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 0.50 | 0.77 | 1.06 | ||
| Avg | 0.36 | 0.50 | 0.75 | ||
| Low | 0.31 | 0.40 | 0.61 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | - | 111.1% | 110.1% | ||
| Avg | - | 39.0% | 48.0% | ||
| Low | - | 10.6% | 20.4% |
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.