Confluent (CFLT) stock forecast for 2022
Last update: September 23, 2022 (11:32)Sector: Technology
The share price of Confluent, Inc. (CFLT) now
What analysts predict:: $39
52-week high/low: $94.97 / $16.48
50/200 Day Moving Average: $27.51 / $38.88
This figure corresponds to the average price over the previous 50/200 days. For Confluent stocks, the 50-day moving average is the resistance level today.
For Confluent stocks, the 200-day moving average is the resistance level today.
Are you interested in Confluent stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Confluent stock price in 2022. How much will one Confluent share be worth in 2022?
Is it worth taking profit / loss on Confluent stock now or waiting? What are analysts' forecasts for Confluent stock?
We forecast Confluent stock performance using neural networks based on historical data on Confluent stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.
The Confluent stock prediction results are shown below and presented as a graph, table and text information.
Confluent stock forecasts are adjusted once a day based on the closing price of the previous trading day.
The minimum target price for Confluent analysts is $39.
Today 200 Day Moving Average is the resistance level (38.88 $).
50 Day Moving Average is the resistance level (27.51 $).
Historical and forecast chart of Confluent stock
The chart below shows the historical price of Confluent stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Confluent stock price can be found in the table below.
Confluent (CFLT) Forecast for 2022
Confluent information and performance
Confluent, Inc. is developing a cloud-based data platform that helps companies connect their applications to real-time streams in the United States and abroad. The company offers Apache Kafka, a distributed community event streaming platform.
899 W. EVELYN AVENUE, MOUNTAIN VIEW, CA, US
Market Capitalization: 6 696 275 000 $
Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.
EBITDA: -432 071 008 $
EBITDA is earnings before interest, income tax and depreciation of assets.
PE Ratio: None
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
PEG Ratio: None
Price/earnings to growth
Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
Quarterly Earnings Growth YOY: N/A
Quarterly Revenue Growth YOY: 0.578
Trailing PE: -
Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.
Forward PE: -
Forward P/E uses projections of future earnings instead of final numbers.
EV To Revenue: 12.85
Enterprise Value (EV) /Revenue
EV To EBITDA: -14.52
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Shares Outstanding: 141181000
Number of issued ordinary shares
Shares Float: N/A
Number of freely tradable shares
Shares Short Prior Month: N/A
Shares Short Prior Month - the number of shares in short positions in the last month.
Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A
Confluent price target for 2021 by month
Target values for the price of one Confluent share for Oct 2022.
Pessimistic target level: 21.35
Optimistic target level: 23.63
Target values for the price of one Confluent share for Nov 2022.
Pessimistic target level: 20.35
Optimistic target level: 23.68
Target values for the price of one Confluent share for Dec 2022.
Pessimistic target level: 20.84
Optimistic target level: 23.99
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All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.