$28.23
2.28% today
Nasdaq, Dec 30, 10:03 pm CET
ISIN
US20717M1036
Symbol
CFLT

Confluent Target price 2024 - Analyst rating & recommendation

Confluent Classifications & Recommendation:

Buy
74%
Hold
24%
Sell
3%

Confluent Price Target

Target Price $32.77
Price $28.89
Potential
Number of Estimates 30
30 Analysts have issued a price target Confluent 2025 . The average Confluent target price is $32.77. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 34 analysts: 25 Analysts recommend Confluent to buy, 8 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 2027

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 776.95 958.85
32.60% 23.41%
EBITDA Margin -51.78% 4.36%
31.88% 108.42%
Net Margin -61.93% -35.45%
31.57% 42.76%

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

$959m
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. This is
4.72% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$968m 5.70%
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, the lowest is
$948m 3.53%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $777m 32.60%
2024
$959m 23.41%
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2025
$1.2b 21.29%
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2026
$1.4b 21.62%
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2027
$1.7b 19.82%
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8 Analysts have issued an Confluent EBITDA forecast 2024. The average Confluent EBITDA estimate is

$41.8m
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. This is
111.29% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$48.4m 113.08%
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, the lowest is
$40.0m 110.79%
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.

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

EBITDA Estimates

2023 $-402m 9.67%
2024
$41.8m 110.39%
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2025
$94.1m 125.22%
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2026
$179m 90.08%
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EBITDA Margin

2023 -51.78% 31.88%
2024
4.36% 108.42%
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2025
8.09% 85.55%
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2026
12.65% 56.37%
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12 Confluent Analysts have issued a net profit forecast 2024. The average Confluent net profit estimate is

$-340m
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. This is
6.44% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$-302m 16.96%
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, the lowest is
$-373m 2.70%
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.

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

Net Profit Estimates

2023 $-481m 9.26%
2024
$-340m 29.35%
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2025
$-269m 20.81%
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2026
$-215m 20.29%
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Net Margin

2023 -61.93% 31.57%
2024
-35.45% 42.76%
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2025
-23.15% 34.70%
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2026
-15.17% 34.47%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2027

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ -1.47 -1.04
9.26% 29.25%
P/E negative
EV/Sales 9.10

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

$-1.04
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. This is
6.31% 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
$-0.92 17.12%
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, the lowest is
$-1.14 2.70%
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.

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

Earnings Per Share

2023 $-1.47 9.26%
2024
$-1.04 29.25%
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2025
$-0.82 21.15%
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2026
$-0.66 19.51%
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P/E ratio

Current -26.02 65.52%
2024
-27.82 6.92%
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2025
-35.13 26.28%
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2026
-44.07 25.45%
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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 9.53 3.93%
2024
9.10 4.47%
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2025
7.51 17.55%
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2026
6.17 17.78%
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2027
5.15 16.54%
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P/S ratio

Current 10.35 1.44%
2024
9.88 4.51%
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2025
8.15 17.55%
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2026
6.70 17.78%
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2027
5.59 16.54%
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