Comments
Loading...

Confluent

CFLTNASDAQ
Logo brought to you by Benzinga Data
$31.60
0.260.83%
Pre-Market: 6:46 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$40.00
Lowest Price Target1
$21.00
Consensus Price Target1
$31.34

Confluent (NASDAQ:CFLT) Stock, Analyst Ratings, Price Targets, Forecasts

Confluent Inc has a consensus price target of $31.34 based on the ratings of 29 analysts. The high is $40 issued by Wells Fargo on December 5, 2024. The low is $21 issued by Wolfe Research on November 3, 2023. The 3 most-recent analyst ratings were released by Mizuho, Truist Securities, and JP Morgan on December 13, 2024, December 12, 2024, and December 11, 2024, respectively. With an average price target of $36 between Mizuho, Truist Securities, and JP Morgan, there's an implied 13.92% upside for Confluent Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
12
1
Aug
4
1
Sep
8
3
Oct
1
Nov
5
Dec
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.8
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Mizuho
Truist Securities
JP Morgan
Barclays
Wells Fargo

1calculated from analyst ratings

Analyst Ratings for Confluent

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Confluent (CFLT) stock?

A

The latest price target for Confluent (NASDAQ:CFLT) was reported by Mizuho on December 13, 2024. The analyst firm set a price target for $35.00 expecting CFLT to rise to within 12 months (a possible 10.76% upside). 77 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Confluent (CFLT)?

A

The latest analyst rating for Confluent (NASDAQ:CFLT) was provided by Mizuho, and Confluent maintained their outperform rating.

Q

When was the last upgrade for Confluent (CFLT)?

A

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.

Q

When was the last downgrade for Confluent (CFLT)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Confluent (CFLT)?

A

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 December 13, 2024 so you should expect the next rating to be made available sometime around December 13, 2025.

Q

Is the Analyst Rating Confluent (CFLT) correct?

A

While ratings are subjective and will change, the latest Confluent (CFLT) rating was a maintained with a price target of $31.00 to $35.00. The current price Confluent (CFLT) is trading at is $31.60, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

People Also Watch