Confluent (CFLT) stock surges 25% on strong 2024 guidance; Analysts bullish

Go back to Confluent (CFLT) stock surges 25% on strong 2024 guidance; Analysts bullish

Confluent Inc (CFLT) PT Raised to $35 at Needham, 'we continue to highlight the stock as our Top Pick in 2024'

February 8, 2024 6:20 AM EST

Needham & Company analyst Mike Cikos raised the price target on Confluent Inc (NASDAQ: CFLT) to $35.00 (from $30.00) while maintaining a Buy rating.

The analyst comments "Confluent reported a solid quarter to close CY23, delivering upside across every metric compared to guidance and the sell-side model.... More

Confluent Inc (CFLT) PT Raised to $28 at BofA Securities

February 8, 2024 5:57 AM EST

BofA Securities analyst Brad Sills raised the price target on Confluent Inc (NASDAQ: CFLT) to $28.00 (from $24.00) while maintaining a Underperform rating.... More

Confluent Inc (CFLT) PT Raised to $28 at UBS

February 8, 2024 5:54 AM EST

UBS analyst Karl Keirstead raised the price target on Confluent Inc (NASDAQ: CFLT) to $28.00 (from $26.00) while maintaining a Neutral rating.... More

Confluent Inc (CFLT) PT Raised to $34 at Morgan Stanley

February 8, 2024 4:41 AM EST

Morgan Stanley analyst Sanjit Singh raised the price target on Confluent Inc (NASDAQ: CFLT) to $34.00 (from $27.00) while maintaining a Overweight rating.... More

Confluent Inc (CFLT) PT Raised to $38 at JMP Securities

February 8, 2024 4:30 AM EST

JMP Securities analyst Patrick Walravens raised the price target on Confluent Inc (NASDAQ: CFLT) to $38.00 (from $25.00) while maintaining a Market Outperform rating.... More

Confluent Inc (CFLT) PT Raised to $33 at Barclays

February 8, 2024 3:10 AM EST

Barclays analyst Raimo Lenschow raised the price target on Confluent Inc (NASDAQ: CFLT) to $33.00 (from $26.00) while maintaining a Overweight rating.... More

Confluent, Inc. (CFLT) Tops Q4 EPS by 4c, offers outlook

February 7, 2024 4:06 PM EST

Confluent, Inc. (NASDAQ: CFLT) reported Q4 EPS of $0.09, $0.04 better than the analyst estimate of $0.05. Revenue for the quarter came in at $213 million versus the consensus estimate of $205.35 million.

Financial Outlook

As previously announced, Confluent will be transitioning its financial outlook... More