CFLT Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: CFLT's strategic positioning in a growing data streaming market and the positive momentum from new initiatives could lead to significant stock appreciation, supported by high options trading volume favoring calls.




Bearish Case: Continued profitability struggles, potential overvaluation, and investor skepticism due to high implied volatility may exert downward pressure on CFLT's stock price in the near term.




Potential Outcomes:

1. 50% chance of significant revenue growth through new projects.

2. 35% probability of ongoing investor skepticism resulting in stock stagnation.

3. 15% chance of a market downturn impacting CFLT negatively.




Trading Oracle: Sign Up to access trading oracle trade ideas.



November 12, 2024


Confluent Forecast

CFLT        Confluent











Correlated Assets

Assets that tend to move strongly with CFLT



BITO Forecast + Options Trading Strategies   BITO  ProShares Bitcoin Strategy (0.86)


ABNB Forecast + Options Trading Strategies   ABNB  Airbnb (0.83)


RGTI Forecast + Options Trading Strategies   RGTI  Rigetti Computing (0.77)


CLSK Forecast + Options Trading Strategies   CLSK  Cleanspark (0.77)


BBWI Forecast + Options Trading Strategies   BBWI  Bath & Body Works (0.75)



Uncorrelated Assets

Assets with little price relationship to CFLT



RIO Forecast + Options Trading Strategies   RIO  Rio Tinto (0.0)


TOST Forecast + Options Trading Strategies   TOST  Toast (-0.0)


ARCC Forecast + Options Trading Strategies   ARCC  Ares (-0.0)


GL Forecast + Options Trading Strategies   GL  Globe Life (0.0)


BUG Forecast + Options Trading Strategies   BUG  Global X Cybersecurity (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against CFLT



KDP Forecast + Options Trading Strategies   KDP  Keurig Dr Pepper (-0.63)


APD Forecast + Options Trading Strategies   APD  Air Products & Chemicals (-0.66)


COMM Forecast + Options Trading Strategies   COMM  CommScope (-0.67)


CIM Forecast + Options Trading Strategies   CIM  Chimera Investment (-0.67)


EPR Forecast + Options Trading Strategies   EPR  EPR Properties (-0.71)









Become a more profitable investor with AI optimized trading strategies






×

Chat with CFLT


 Ask any question about CFLT!