$19.66
0.18% yesterday
Nasdaq, Sep 27, 09:50 pm CET
ISIN
US20717M1036
Symbol
CFLT

Confluent Target price 2024 - Analyst rating & recommendation

Confluent Classifications & Recommendation:

Buy
75%
Hold
22%
Sell
3%

Confluent Price Target

Target Price $29.76
Price $19.70
Potential
Number of Estimates 29
29 Analysts have issued a price target Confluent 2025 . The average Confluent target price is $29.76. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 32 analysts: 24 Analysts recommend Confluent to buy, 7 to hold and 1 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Confluent stock has an average upside potential 2025 of . Most analysts recommend the Confluent stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 776.95 954.26
32.60% 22.82%
EBITDA Margin -51.78% 2.61%
31.88% 105.04%
Net Margin -60.97% -35.77%
31.57% 41.33%

31 Analysts have issued a sales forecast Confluent 2024 . The average Confluent sales estimate is

$954m
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. This is
10.24% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$984m 13.74%
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, the lowest is
$950m 9.75%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $777m 32.60%
2024
$954m 22.82%
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2025
$1.2b 22.26%
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2026
$1.4b 23.06%
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2027
$1.7b 18.59%
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2028
$2.1b 21.62%
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8 Analysts have issued an Confluent EBITDA forecast 2024. The average Confluent EBITDA estimate is

$24.9m
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. This is
106.43% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$36.6m 109.46%
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, the lowest is
$20.0m 105.16%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $-402m 9.67%
2024
$24.9m 106.19%
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2025
$73.2m 194.06%
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2026
$168m 128.98%
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EBITDA Margin

2023 -51.78% 31.88%
2024
2.61% 105.04%
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2025
6.28% 140.61%
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2026
11.68% 85.99%
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12 Confluent Analysts have issued a net profit forecast 2024. The average Confluent net profit estimate is

$-341m
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. This is
10.99% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$-299m 22.14%
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, the lowest is
$-377m 1.68%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $-474m 9.26%
2024
$-341m 27.95%
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2025
$-275m 19.48%
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2026
$-223m 18.93%
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Net Margin

2023 -60.97% 31.57%
2024
-35.77% 41.33%
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2025
-23.56% 34.13%
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2026
-15.52% 34.13%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ -1.47 -1.06
9.26% 27.89%
P/E negative
EV/Sales 5.81

12 Analysts have issued a Confluent forecast for earnings per share. The average Confluent <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$-1.06
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. This is
10.92% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$-0.93 21.85%
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, the lowest is
$-1.17 1.68%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $-1.47 9.26%
2024
$-1.06 27.89%
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2025
$-0.85 19.81%
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2026
$-0.69 18.82%
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P/E ratio

Current -16.60 6.85%
2024
-18.60 12.05%
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2025
-23.10 24.19%
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2026
-28.49 23.33%
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Based on analysts' sales estimates for 2024, the Confluent stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 6.40 46.35%
2024
5.81 9.29%
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2025
4.75 18.21%
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2026
3.86 18.74%
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2027
3.25 15.68%
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2028
2.68 17.78%
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P/S ratio

Current 7.34 43.52%
2024
6.66 9.29%
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2025
5.45 18.21%
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2026
4.43 18.74%
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2027
3.73 15.68%
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2028
3.07 17.78%
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