1 Spectacular Growth Stock Down 74% to Buy Hand Over Fist, According to Wall Street

Wall Street analysts don't always get things right, but it can pay to listen when they reach a consensus on a particular stock. The Wall Street Journal tracks 34 analysts who cover Confluent (NASDAQ: CFLT) stock, and the majority have assigned it a buy rating, with no analysts recommending selling. Confluent developed an industry-leading data streaming platform, which helps some of the world's biggest organizations deliver real-time digital experiences to their customers. But it's also becoming a key proponent of the artificial intelligence (AI) revolution, which could be a major growth driver for the company from here.Confluent stock is down 74% from its record high, which was set during the tech frenzy in 2021. Its valuation was unsustainable back then, but it's now trading near the cheapest level ever. Here's why Wall Street is right to be optimistic.Continue reading

Jun 11, 2025 - 09:40

1 Spectacular Growth Stock Down 74% to Buy Hand Over Fist, According to Wall Street

Wall Street analysts don't always get things right, but it can pay to listen when they reach a consensus on a particular stock. The Wall Street Journal tracks 34 analysts who cover Confluent (NASDAQ: CFLT) stock, and the majority have assigned it a buy rating, with no analysts recommending selling.

Confluent developed an industry-leading data streaming platform, which helps some of the world's biggest organizations deliver real-time digital experiences to their customers. But it's also becoming a key proponent of the artificial intelligence (AI) revolution, which could be a major growth driver for the company from here.

Confluent stock is down 74% from its record high, which was set during the tech frenzy in 2021. Its valuation was unsustainable back then, but it's now trading near the cheapest level ever. Here's why Wall Street is right to be optimistic.