Confluent (CFLT) Soars on IBM’s $11 Billion Takeover: Deal Terms, Stock Outlook and Analyst Forecasts After December 8, 2025 Rally
Confluent, Inc. (NASDAQ: CFLT) has suddenly shifted from a high-growth data‑infrastructure story to a classic M&A arbitrage play. On December 8, 2025, IBM and Confluent announced a definitive agreement under which IBM will acquire all outstanding Confluent shares for $31 in cash, valuing the data‑streaming specialist at around $11 billion enterprise value.IBM Newsroom+2ABC News+2 The news sent CFLT stock up roughly 29% in today’s session, as traders rapidly repriced the shares toward the proposed cash buyout price.MarketBeat Confluent Stock News Today: IBM Confirms $11 Billion Cash Deal IBM and Confluent jointly announced that they have entered into a definitive merger