# Confluent, Inc.  Share Price Target ‘$26.09’, now 7.4% Upside Potential

- Link: https://www.directorstalkinterviews.com/confluent-inc.share-price-target-26.09-now-7.4-upside-potential/4121141985
- Published: 2024-02-09T14:38:57+00:00
- Author: Charlotte Edwards

**Confluent, Inc.** with ticker code (CFLT) now have 25 confirmed analysts covering
the stock with the consensus suggesting a rating of ‘buy’. The range between the
high target price and low target price is between $34.00 and $19.27 and has a mean
share price target at $26.09. (at the time of writing). Now with the previous closing
price of $24.29 this would imply there is now a potential upside of 7.4%. It’s also
worth noting that there is a 50 day moving average of $23.21 and the 200 moving 
average now moves to $28.16. The market cap for the company is 10.03B. The stock
price is currently at: $32.57 USD

 The potential market cap would be $10,770,572,059 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of -, revenue per share of $2.58 and
a -10.89% return on assets.

Confluent, Inc. is engaged in designing data infrastructure to connect the applications,
systems, and data layers around a real-time central nervous system. The Company 
is focused on developing a category of data infrastructure focused on data in motion
for developers and enterprises. It enables enterprises to deliver customer experiences
for their business functions, departments, teams, applications, and data stores 
to have connectivity. It is designed to have real-time data from multiple sources
streamed across an enterprise for real-time analysis. Its offering enables organizations
to deploy production-ready applications that run across cloud infrastructures and
data centers, with features for security and compliance. Its platform provides the
capabilities to fill the structural, operational, and engineering gaps in businesses.
It enables software developers to build their applications to connect data in motion
and enables enterprises to make data in motion to everything they do.

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