Confluent Stock Target Price and Analyst Consensus

CFLT Stock  USD 31.29  0.72  2.36%   
The prevalent analyst and expert consensus on Confluent is Strong Buy with 18 strong buy estimates. The prevailing projected target price is 38.95 with 34 professional opinions. Confluent buy-or-sell recommendation and consensus module provides average expert sentiment on the projected Confluent target price to derive its highest and lowest estimates based on target price volatility of 3.3241.
Lowest Forecast
35.44
Highest Forecast
43.23
Target Price
38.95
Gross Profit is likely to drop to about 317.4 M in 2024. Pretax Profit Margin is likely to drop to -0.55 in 2024. At this time, Confluent's Net Tangible Assets are comparatively stable compared to the past year. Net Debt is likely to gain to about 802 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 345 M in 2024.
  
It's important to approach Confluent's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Confluent price targets

Confluent's stock target price is an estimate of its future price, usually made by analysts. Using Confluent's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Confluent's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Confluent's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Confluent Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Confluent is a key component of Confluent valuation and have some predictive power on the future returns of a Confluent.
Hype
Prediction
LowEstimatedHigh
27.7631.0834.40
Details
Intrinsic
Valuation
LowRealHigh
28.0731.3934.71
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.060.060.08
Details

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Additional Tools for Confluent Stock Analysis

When running Confluent's price analysis, check to measure Confluent's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Confluent is operating at the current time. Most of Confluent's value examination focuses on studying past and present price action to predict the probability of Confluent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Confluent's price. Additionally, you may evaluate how the addition of Confluent to your portfolios can decrease your overall portfolio volatility.