Confluent, Inc.

Confluent, Inc. Stock Forecast & Price Prediction

Live Confluent, Inc. Stock (CFLT) Price
$33.84

19

Ratings

  • Buy 12
  • Hold 6
  • Sell 1
Disclaimer : The analyst ratings and price forecast data are provided by Tradefeeds. The data is sourced from Wall Street analysts and other experienced experts. The figures presented are solely a forecast and not a guarantee of future price performance. The information presented is not a recommendation to buy or sell the stock.

Stock Price

$33.84

P/E Ratio

P/E Ratio not available for CFLT

Volume Traded Today

$4.3M

Dividend

Dividends not available for CFLT

52 Week High/low

41.22/14.69

Confluent, Inc. Market Cap

$10.03B

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CFLT Summary

Based on ratings from 19 stock analysts, the Confluent, Inc. stock price is expected to decrease by 3.87% in 12 months. This is calculated by using the average 12-month stock price forecast for Confluent, Inc.. The lowest target is $26.00 and the highest is $38.00. Please note analyst price targets are not guaranteed and could be missed completely.

CFLT Analyst Ratings

CFLT is a stock in Technology which has been forecasted to be worth $32.53 as an average. On the higher end, the forecast price is $38.00 USD by gregg moskowitz from Mizuho Securities and on the lower end CFLT is forecasted to be $26.00 by karl keirstead from UBS.

CFLT stock forecast by analyst

Analyst/Firm

Rating

Price Target

Change

Date

gregg moskowitz
Mizuho Securities

Buy

$38.0

maintained

Feb 16, 2024
matthew hedberg
RBC Capital

Buy

$37.0

maintained

Feb 13, 2024
pinjalim bora
J.P. Morgan

Hold

$27.0

maintained

Feb 8, 2024
miller jump
Truist Financial

Buy

$33.0

maintained

Feb 8, 2024
brad zelnick
Deutsche Bank

Buy

$35.0

maintained

Feb 8, 2024
kingsley crane
Canaccord Genuity

Hold

$28.0

maintained

Feb 8, 2024
rob owens
Piper Sandler

Buy

$37.0

reiterated

Feb 8, 2024
mike cikos
Needham

Buy

$35.0

maintained

Feb 8, 2024
rudy kessinger
D.A. Davidson

Buy

$37.0

maintained

Feb 8, 2024
sanjit singh
Morgan Stanley

Buy

$34.0

maintained

Feb 8, 2024
nick altmann
Scotiabank

Hold

$28.0

rated

Feb 8, 2024
howard ma
Guggenheim

Buy

$35.0

maintained

Feb 8, 2024
yun kim
Loop Capital Markets

Hold

$30.0

maintained

Feb 8, 2024
raimo lenschow
Barclays

Buy

$33.0

maintained

Feb 7, 2024
michael turrin
Wells Fargo

Buy

$36.0

maintained

Feb 7, 2024
kash rangan
Goldman Sachs

Hold

$27.0

reiterated

Feb 7, 2024
bradley sills
Bank of America Securities

Sell

$28.0

reiterated

Feb 7, 2024
karl keirstead
UBS

Hold

$26.0

maintained

Feb 5, 2024
peter weed
Bernstein

Buy

$34.0

initiatedcoverage

Nov 27, 2023
connor murphy
Capital One Financial

Buy

$27.0

upgraded

Nov 8, 2023

CFLT Company Information

Confluent, Inc. operates a data streaming platform in the United States and internationally. The company offers Confluent Cloud, a managed cloud-native service for connecting and processing real-time data; and Confluent Platform, an enterprise-grade self-managed software that connects and processes data. It also provides Kafka Connect, an open-source component that works as a centralized data hub for simple data integration between databases, key-value stores, search indexes, and file systems; ksqlDB, a database for stream processing applications; and stream governance, a solution that is designed for the intricacies of streaming data, which allows teams to expand usage of Apache Kafka without bypassing requirements for risk management and regulatory compliance. In addition, the company offers training and professional services. It serves automotive, communication, financial services, gaming, government, insurance, manufacturing, retail and ecommerce, and technology industries. The company was formerly known as Infinitem, Inc. and changed its name to Confluent, Inc. in September 2014. Confluent, Inc. was incorporated in 2014 and is headquartered in Mountain View, California.

CFLT
Confluent, Inc. (CFLT)

When did it IPO

2021

Staff Count

2,761

Country

United States

Sector/Industry

Technology/Software - Infrastructure

CEO

Mr. Edward Kreps

Market Cap

$10.03B

Confluent, Inc.(CFLT) Financial Data

In 2023, CFLT generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that CFLT's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2019

N/A

Revenue From 2020

N/A

0.00 %
From Previous Year

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year
  • Revenue TTM $777.0M
  • Operating Margin TTM -0.40%
  • Gross profit TTM $383.5M
  • Return on assets TTM -0.11%
  • Return on equity TTM -0.56%
  • Profit margin -0.56985%
  • Book value 2.62%
  • Market capitalisation $10.03B
  • Revenue for 2020 N/A
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • EPS this year -1.47
  • EPS next year N/A
... ...

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CFLT Frequently asked questions

The highest forecasted price for CFLT is $38.00 from gregg moskowitz at Mizuho Securities.

The lowest forecasted price for CFLT is $26.00 from karl keirstead from UBS

The CFLT analyst ratings consensus are 12 buy ratings, 6 hold ratings, and 1 sell ratings.