- Confluent Inc. (CFLT, Financial) sees significant growth in subscription and cloud revenues, with 340 new customers added.
- Analysts predict a substantial upside, with an average target price implying a 44.66% increase.
- GuruFocus estimates suggest an 82.28% upside based on GF Value.
Confluent, Inc. (CFLT) has started 2025 on a high note, reporting a notable 26% increase in subscription revenue, reaching $261 million. Simultaneously, Confluent Cloud revenue surged by 34%, amounting to $143 million. The company gained momentum in customer acquisition, adding 340 new customers, marking the most significant net additions in the past three years.
Wall Street Analysts Forecast
The outlook from Wall Street is optimistic. Based on insights from 31 analysts, the average one-year price target for Confluent Inc. (CFLT, Financial) is set at $34.44, with projections ranging from a low of $24.00 to a high of $42.00. This average target suggests a potential upside of 44.66% from its current trading price of $23.81. For more comprehensive estimates, visit the Confluent Inc (CFLT) Forecast page.
The sentiment from brokerage firms is also favorable. Of 34 firms, the consensus recommendation on Confluent Inc. (CFLT, Financial) averages at 2.1, indicating an "Outperform" status. This rating is part of a scale where 1 denotes a Strong Buy and 5 indicates a Sell.
From a valuation perspective, according to GuruFocus estimates, the GF Value of Confluent Inc. (CFLT, Financial) in a year is projected at $43.40. This suggests a remarkable potential upside of 82.28% based on the current price of $23.81. The GF Value represents GuruFocus' estimation of the fair value for the stock, derived from historical trading multiples and projected business growth. To delve deeper into these metrics, you can visit the Confluent Inc (CFLT) Summary page.
