The latest price target for Confluent (NASDAQ:CFLT) was reported by JMP Securities on September 24, 2024. The analyst firm set a price target for $40.00 expecting CFLT to rise to within 12 months (a possible 111.86% upside). 74 analyst firms have reported ratings in the last year.

The latest analyst rating for Confluent (NASDAQ:CFLT) was provided by JMP Securities, and Confluent reiterated their market outperform rating.

The last upgrade for Confluent Inc happened on August 9, 2024 when JP Morgan raised their price target to $25. JP Morgan previously had a neutral for Confluent Inc.

The last downgrade for Confluent Inc happened on November 3, 2023 when Canaccord Genuity changed their price target from N/A to $26 for Confluent Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Confluent, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Confluent was filed on September 24, 2024 so you should expect the next rating to be made available sometime around September 24, 2025.

While ratings are subjective and will change, the latest Confluent (CFLT) rating was a reiterated with a price target of $40.00 to $40.00. The current price Confluent (CFLT) is trading at is $18.88, which is out of the analyst’s predicted range.