Confluent Stock Target Price and Analyst Consensus

CFLT Stock  USD 28.88  0.35  1.23%   
The current analyst and expert consensus on Confluent is Strong Buy with 6 buy recommendations. The current projected Confluent target price consensus is 38.95, with 31 analyst opinions. The most common way Confluent analysts use to provide public buy-or-sell recommendation is financial statements analysis. They also talk to Confluent executives, vendors, and/or customers. Confluent buy-or-sell recommendation module provides average expert sentiment on the projected Confluent target price to derive its highest and lowest estimates based on target price estimated volatility of 0.0. Check out Macroaxis Advice on Confluent to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Confluent Stock please use our How to Invest in Confluent guide.
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 Short Term Debt is comparatively stable compared to the past year.
  
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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Confluent's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
23.9128.9133.91
Details
Intrinsic
Valuation
LowRealHigh
28.8133.8138.81
Details
Naive
Forecast
LowNextHigh
22.2427.2432.24
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.020.06
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Confluent. Your research has to be compared to or analyzed against Confluent's peers to derive any actionable benefits. When done correctly, Confluent's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Confluent.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
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Macroaxis Index Idea
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When determining whether Confluent is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Confluent Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Confluent Stock. Highlighted below are key reports to facilitate an investment decision about Confluent Stock:
Check out Macroaxis Advice on Confluent to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Confluent Stock please use our How to Invest in Confluent guide.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Complementary 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.
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The data published in Confluent's official financial statements usually reflect Confluent's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Confluent. For example, before you start analyzing numbers published by Confluent accountants, it's critical to develop an understanding of what Confluent's liquidity, profitability, and earnings quality are in the context of the Software space in which it operates.
Please note, the presentation of Confluent's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Confluent's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Confluent's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Confluent. Please utilize our Beneish M Score to check the likelihood of Confluent's management manipulating its earnings.