Confluent (CFLT) stock forecast for 2024. Forecast tables and graphs.

Confluent (CFLT) stock forecast for 2024

Last update: 06-24-2022, 11:32

Sector: Technology

The share price of Confluent, Inc. (CFLT) now

What analysts predict:: $46.87

52-week high/low: $94.97 / $16.48

50/200 Day Moving Average: $25.92 / $52.93

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 2024. How much will one Confluent share be worth in 2024?

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 $46.87.

Today 200 Day Moving Average is the resistance level (52.93 $).

50 Day Moving Average is the resistance level (25.92 $).




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 2024

Month Target Pes. Opt. Vol., %
Jan 28.52 25.79 30.95 16.67 %
Feb 30.14 29.33 32.74 10.44 %
Mar 28.23 27.20 30.78 11.64 %
Apr 28.42 26.12 30.45 14.24 %
May 30.15 28.52 33.08 13.78 %
Jun 29.66 26.45 32.30 18.10 %
Jul 28.86 27.14 31.47 13.74 %
Aug 32.52 29.23 34.63 15.59 %
Sep 33.22 29.68 35.64 16.73 %
Oct 30.84 30.01 33.59 10.66 %
Nov 31.59 29.12 33.34 12.66 %
Dec 30.19 27.09 31.33 13.53 %

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.

Confluent Address

899 W. EVELYN AVENUE, MOUNTAIN VIEW, CA, US

Market Capitalization: 6 017 755 000 $

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: - $

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

DPS: N/A

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.

DY: N/A

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: -1.791

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: 0.638

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: 11.55

Enterprise Value (EV) /Revenue

EV To EBITDA: -

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 125926000

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 Jan 2024.

The weighted average target price per Confluent share in Jan 2024 is: 28.52. In Jan, the negative dynamics for Momo shares will prevail with possible monthly volatility of 16.672% volatility is expected.

Pessimistic target level: 25.79

Optimistic target level: 30.95


Target values for the price of one Confluent share for Feb 2024.

The weighted average target price per Confluent share in Feb 2024 is: 30.14. In Feb, the positive dynamics for Momo shares will prevail with possible monthly volatility of 10.438% volatility is expected.

Pessimistic target level: 29.33

Optimistic target level: 32.74


Target values for the price of one Confluent share for Mar 2024.

The weighted average target price per Confluent share in Mar 2024 is: 28.23. In Mar, the negative dynamics for Momo shares will prevail with possible monthly volatility of 11.637% volatility is expected.

Pessimistic target level: 27.20

Optimistic target level: 30.78


Target values for the price of one Confluent share for Apr 2024.

The weighted average target price per Confluent share in Apr 2024 is: 28.42. In Apr, the positive dynamics for Momo shares will prevail with possible monthly volatility of 14.236% volatility is expected.

Pessimistic target level: 26.12

Optimistic target level: 30.45


Target values for the price of one Confluent share for May 2024.

The weighted average target price per Confluent share in May 2024 is: 30.15. In May, the positive dynamics for Momo shares will prevail with possible monthly volatility of 13.781% volatility is expected.

Pessimistic target level: 28.52

Optimistic target level: 33.08


Target values for the price of one Confluent share for Jun 2024.

The weighted average target price per Confluent share in Jun 2024 is: 29.66. In Jun, the negative dynamics for Momo shares will prevail with possible monthly volatility of 18.098% volatility is expected.

Pessimistic target level: 26.45

Optimistic target level: 32.30


Target values for the price of one Confluent share for Jul 2024.

The weighted average target price per Confluent share in Jul 2024 is: 28.86. In Jul, the negative dynamics for Momo shares will prevail with possible monthly volatility of 13.742% volatility is expected.

Pessimistic target level: 27.14

Optimistic target level: 31.47


Target values for the price of one Confluent share for Aug 2024.

The weighted average target price per Confluent share in Aug 2024 is: 32.52. In Aug, the positive dynamics for Momo shares will prevail with possible monthly volatility of 15.594% volatility is expected.

Pessimistic target level: 29.23

Optimistic target level: 34.63


Target values for the price of one Confluent share for Sep 2024.

The weighted average target price per Confluent share in Sep 2024 is: 33.22. In Sep, the positive dynamics for Momo shares will prevail with possible monthly volatility of 16.735% volatility is expected.

Pessimistic target level: 29.68

Optimistic target level: 35.64


Target values for the price of one Confluent share for Oct 2024.

The weighted average target price per Confluent share in Oct 2024 is: 30.84. In Oct, the negative dynamics for Momo shares will prevail with possible monthly volatility of 10.660% volatility is expected.

Pessimistic target level: 30.01

Optimistic target level: 33.59


Target values for the price of one Confluent share for Nov 2024.

The weighted average target price per Confluent share in Nov 2024 is: 31.59. In Nov, the positive dynamics for Momo shares will prevail with possible monthly volatility of 12.664% volatility is expected.

Pessimistic target level: 29.12

Optimistic target level: 33.34


Target values for the price of one Confluent share for Dec 2024.

The weighted average target price per Confluent share in Dec 2024 is: 30.19. In Dec, the negative dynamics for Momo shares will prevail with possible monthly volatility of 13.529% volatility is expected.

Pessimistic target level: 27.09

Optimistic target level: 31.33




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Disclaimer:

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.