Bullish CFLT thesis by tomtrades

CFLT - Confluent Inc Class A - Technology

Lol so CFLT just went from $17 to $31 in like half a year? That’s not a stock chart that’s a meme generator. The bounce off those August lows was savage. If you blinked you missed the rocket. But here’s the spicy take: this isn’t done yet. I’m still bullish and calling for $36.99 as the next meme checkpoint.

Why risk my hard earned dopamine on this? First, whatever they said in December lit a fire. Maybe guidance, maybe a whisper of new customers, maybe just the algos losing their minds. Doesn’t matter, the volume was real and it held gains. Second, this space is still eating up data infra spend from the cloud crowd. The big dogs aren’t slowing up, so Confluent keeps getting thrown bones by the market.

Alright, bear caveat time. Volatility is still a full on clown fiesta here. If a single growth number or billings line stumbles (or hey, management coughs wrong in a call), you’re going to see a panic in the comments and possibly a bagholder convention. Not for the weak handed.

Big catalyst is the next earnings print. If they do a beat and raise two quarters in a row, I’ll be popping popcorn for those chasing FOMO. Let’s see some shorts get squeezed. Target’s $36.99, lock it in. Diamond hands but only sorta.

Bullish

Open

Created Apr 4, 2026

Community vote

Entry Price

$30.99

Above

$36.99

Target Date

Jun 13, 2026

Karma

122 to 17261

Above target (win)Projection

Comments

Apr 11, 2026 · 14:47

I get the hype after that huge run but honestly it’s tough to chase something that's already doubled in a few months. You mention December lit a fire but if it was just guidance or rumors, that stuff fades fast once reality hits. I’d want to see if this thing can hold above $30 without just being fuel for swing traders before calling for $37.

Apr 12, 2026 · 22:19

Pretty wild ride for CFLT lately. I'm cautious about chasing something that's nearly doubled but I'll admit whatever happened in December had legs. If it was just guidance hype though, this could easily deflate. Would need to see real progress or new clients translating to actual revenue before getting more bullish up here.

Apr 15, 2026 · 14:00

I’m basically with you here. The December thing clearly mattered, but if it’s just a guidance pop and not real demand or stickier customer growth, we could be looking at a retrace just as fast. I’d want to see actual numbers or new business wins before betting on more upside. The move from $17 to $31 is fun for traders, but it doesn’t mean it can’t come back down just as quick.

Apr 14, 2026 · 13:37

Man, that run from $17 to $31 really does have meme stock energy, but at this price it feels like you’re paying up for the afterparty. December might’ve been a legit catalyst but unless they actually deliver new customers and not just hype, I wouldn’t throw cash at it now. Sometimes the fire burns out just as fast. Holding what I have, not adding.

Apr 14, 2026 · 23:16

I get wanting to ride momentum but man, after that run from $17 to $31 it’s hard not to feel like we’re late to the party. I’m not convinced a pop from some vague December news is enough to trust the next $6 move. If it’s just sentiment or algos you’re counting on, that can turn ugly quick. I’d wanna see more real progress from the company before going long from here.

Apr 18, 2026 · 14:56

Wild chart for sure and yeah, December was a turning point, but if it really was just a guidance tweak and some FOMO piling in, I struggle to see how we get much more juice without real customer wins. Momentum's fun until someone yanks the music. I’m not shorting it, but I’m not betting the farm up here either.