Confluent Inc
NASDAQ:CFLT

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Confluent Inc
NASDAQ:CFLT
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Price: 31.52 USD 2.97% Market Closed
Market Cap: 10.3B USD
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Wall Street
Price Targets

CFLT Price Targets Summary
Confluent Inc

Wall Street analysts forecast CFLT stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for CFLT is 32.16 USD with a low forecast of 25.25 USD and a high forecast of 42 USD.

Lowest
Price Target
25.25 USD
20% Downside
Average
Price Target
32.16 USD
2% Upside
Highest
Price Target
42 USD
33% Upside

CFLT Last Price Targets
Confluent Inc

The latest public price target was made on Oct 31, 2024 by Mike Cikos from Needham , who expects CFLT stock to drop by 2% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Mike Cikos
Needham
31 USD
Downside 2%
3 weeks ago
Oct 31, 2024
Confluent Inc (CFLT) PT Raised to $31 at Needham
StreetInsider
Karl Keirstead
UBS
26 USD
Downside 18%
3 weeks ago
Oct 31, 2024
Confluent price target raised to $26 from $23 at UBS
TheFly
Tyler Radke
Citigroup
25 USD
Downside 21%
3 weeks ago
Oct 29, 2024
Confluent price target raised to $25 from $24 at Citi
TheFly
Brad Reback
Stifel Nicolaus
32 USD
Upside 2%
2 months ago
Sep 25, 2024
Stifel Reiterates Buy Rating on Confluent Inc (CFLT)
StreetInsider
Chirag Ved
Evercore ISI
28 USD
Downside 11%
2 months ago
Sep 20, 2024
Confluent Inc (CFLT) PT Lowered to $28 at Evercore ISI
StreetInsider
Kash Rangan
Goldman Sachs
28 USD
Downside 11%
2 months ago
Sep 20, 2024
Goldman Sachs Reiterates Neutral Rating on Confluent Inc (CFLT)
StreetInsider
Gregg Moskowitz
Mizuho Securities
31 USD
Downside 2%
2 months ago
Sep 18, 2024
Mizuho Reiterates Outperform Rating on Confluent Inc (CFLT)
StreetInsider
William Power
Robert W. Baird
23 USD
Downside 27%
2 months ago
Sep 3, 2024
Confluent initiated with a Neutral at Baird
TheFly
Raimo Lenschow
Barclays
29 USD
Downside 8%
3 months ago
Aug 1, 2024
Confluent price target lowered to $29 from $34 at Barclays
TheFly
Brad Sills
Bank of America Securities
26 USD
Downside 18%
3 months ago
Aug 1, 2024
Confluent price target lowered to $26 from $32 at BofA
TheFly
Rudy Kessinger
D.A. Davidson
30 USD
Downside 5%
3 months ago
Aug 1, 2024
Confluent price target lowered to $30 from $37 at DA Davidson
TheFly
Tyler Radke
Citigroup
28 USD
Downside 11%
3 months ago
Jul 30, 2024
Confluent price target lowered to $28 from $32 at Citi
TheFly
Yun Kim
Loop Capital Markets
25 USD
Downside 21%
4 months ago
Jul 19, 2024
Confluent Inc (CFLT) PT Lowered to $25 at Loop Capital
StreetInsider
Gregg Moskowitz
Mizuho Securities
34 USD
Upside 8%
4 months ago
Jul 16, 2024
Confluent price target lowered to $34 from $36 at Mizuho
TheFly
Chirag Ved
Evercore ISI
35 USD
Upside 11%
5 months ago
Jun 11, 2024
Evercore ISI Starts Confluent Inc (CFLT) at Outperform
StreetInsider
Ittai Kidron
Oppenheimer
37 USD
Upside 17%
6 months ago
May 17, 2024
Confluent Set to Capture Major Market Share with Unique Streaming Tech: Oppenheimer Analyst
Benzinga
Kingsley Crane
Canaccord Genuity
35 USD
Upside 11%
6 months ago
May 8, 2024
Canaccord Genuity Upgrades Confluent Inc (CFLT) to Buy
StreetInsider
Gregg Moskowitz
Mizuho Securities
36 USD
Upside 14%
7 months ago
Apr 15, 2024
Confluent Inc (CFLT) PT Lowered to $36 at Mizuho
StreetInsider
Mike Cikos
Needham
38 USD
Upside 21%
8 months ago
Mar 22, 2024
Confluent Inc (CFLT) PT Raised to $38 at Needham
StreetInsider
Brad Reback
Stifel Nicolaus
40 USD
Upside 27%
9 months ago
Feb 21, 2024
Confluent Has Big Potential in Cloud Expansion and Flink Launch, Analyst Gives A Thumbs Up
Benzinga
Matthew Hedberg
RBC Capital
22 USD
Downside 30%
1 year ago
Nov 6, 2023
Confluent's Cloud Focus Aligns With Long-Term Growth, Analyst Projects Upswing In CY24 Performance
Benzinga
Allan Verkhovski
Wolfe Research
21 USD
Downside 33%
1 year ago
Nov 3, 2023
Wolfe Research Upgrades Confluent Inc (CFLT) to Outperform
StreetInsider
Mike Cikos
Needham
35 USD
Upside 11%
1 year ago
May 30, 2023
Data Streaming Genie Is Out Of The Bottle, Confluent Positioned To Capitalize: Analyst
Benzinga
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Mike Cikos
Needham
Price Target 31 USD
Upside/Downside 2%
View Source
Karl Keirstead
UBS
Price Target 26 USD
Upside/Downside 18%
View Source
Tyler Radke
Citigroup
Price Target 25 USD
Upside/Downside 21%
View Source
Brad Reback
Stifel Nicolaus
Price Target 32 USD
Upside/Downside 2%
View Source
Chirag Ved
Evercore ISI
Price Target 28 USD
Upside/Downside 11%
View Source
Kash Rangan
Goldman Sachs
Price Target 28 USD
Upside/Downside 11%
View Source
Gregg Moskowitz
Mizuho Securities
Price Target 31 USD
Upside/Downside 2%
View Source
William Power
Robert W. Baird
Price Target 23 USD
Upside/Downside 27%
View Source
Raimo Lenschow
Barclays
Price Target 29 USD
Upside/Downside 8%
View Source
Brad Sills
Bank of America Securities
Price Target 26 USD
Upside/Downside 18%
View Source
Rudy Kessinger
D.A. Davidson
Price Target 30 USD
Upside/Downside 5%
View Source
Tyler Radke
Citigroup
Price Target 28 USD
Upside/Downside 11%
View Source
Yun Kim
Loop Capital Markets
Price Target 25 USD
Upside/Downside 21%
View Source
Gregg Moskowitz
Mizuho Securities
Price Target 34 USD
Upside/Downside 8%
View Source
Chirag Ved
Evercore ISI
Price Target 35 USD
Upside/Downside 11%
View Source
Ittai Kidron
Oppenheimer
Price Target 37 USD
Upside/Downside 17%
View Source
Kingsley Crane
Canaccord Genuity
Price Target 35 USD
Upside/Downside 11%
View Source
Gregg Moskowitz
Mizuho Securities
Price Target 36 USD
Upside/Downside 14%
View Source
Mike Cikos
Needham
Price Target 38 USD
Upside/Downside 21%
View Source
Brad Reback
Stifel Nicolaus
Price Target 40 USD
Upside/Downside 27%
View Source
Matthew Hedberg
RBC Capital
Price Target 22 USD
Upside/Downside 30%
View Source
Allan Verkhovski
Wolfe Research
Price Target 21 USD
Upside/Downside 33%
View Source
Mike Cikos
Needham
Price Target 35 USD
Upside/Downside 11%
View Source
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Revenue
Forecast

Revenue Estimate
Confluent Inc

For the last 4 years the compound annual growth rate for Confluent Inc's revenue is 51%. The projected CAGR for the next 3 years is 23%.

51%
Past Growth
23%
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Confluent Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
N/A
Average

Net Income
Forecast

Net Income Estimate
Confluent Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
N/A
Average

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is CFLT's stock price target?
Price Target
32.16 USD

According to Wall Street analysts, the average 1-year price target for CFLT is 32.16 USD with a low forecast of 25.25 USD and a high forecast of 42 USD.

What is Confluent Inc's Revenue forecast?
Projected CAGR
23%

For the last 4 years the compound annual growth rate for Confluent Inc's revenue is 51%. The projected CAGR for the next 3 years is 23%.

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