Confluent (CFLT) and Databricks Partner to Usher In New Age of Real-Time AI

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Confluent Inc (CFLT) PT Raised to $40 at Truist Securities

February 12, 2025 6:02 AM EST

Truist Securities analyst Joel P. Fishbein Jr raised the price target on Confluent Inc (NASDAQ: CFLT) to $40.00 (from $35.00) while maintaining a Buy rating.

The analyst comments "Confluent delivered Q4 results that exceeded our expectations driven by continued momentum in their cloud revenue... More

Confluent Inc (CFLT) PT Raised to $40 at Stifel

February 12, 2025 5:42 AM EST

Stifel analyst Brad Reback raised the price target on Confluent Inc (NASDAQ: CFLT) to $40.00 (from $37.00) while maintaining a Hold rating.

The analyst comments "Confluent posted a solid quarter as stabilizing consumption trends, use case expansion, and DSP adoption (13% of Cloud revs vs. 10% in... More

Confluent Inc (CFLT) PT Raised to $31 at BofA Securities

February 12, 2025 5:39 AM EST

BofA Securities analyst Brad Sills raised the price target on Confluent Inc (NASDAQ: CFLT) to $31.00 (from $26.00) while maintaining a Underperform rating.

The analyst comments "Data streaming platform vendor Confluent (CFLT) reported strong 4Q24 results above our/Street estimates on subscription revenue, total... More

Confluent Inc (CFLT) PT Raised to $40 at Evercore ISI

February 12, 2025 5:26 AM EST

Evercore ISI analyst Chirag Ved raised the price target on Confluent Inc (NASDAQ: CFLT) to $40.00 (from $32.00) while maintaining a Outperform rating.

The analyst comments "Bottom line: CFLT delivered strong top-and-bottom line results and provided initial FY25 guidance that was ahead of Street... More

Confluent Inc (CFLT) PT Raised to $30 at Goldman Sachs

February 12, 2025 5:18 AM EST

Goldman Sachs analyst Kash Rangan raised the price target on Confluent Inc (NASDAQ: CFLT) to $30.00 (from $29.00) while maintaining a Neutral rating.

The analyst comments "We reiterate our Neutral rating and raise our PT to $30 (from $29) following Confluents F4Q24 earnings where revenue grew 23% yoy (+2% vs. Consensus), Cloud grew 38% yoy (vs. Consensus 35%) and FCFM came in at 11%... More