NASDAQ:CFLT - Confluent Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $46.99
  • Forecasted Upside: -34.61 %
  • Number of Analysts: 14
  • Breakdown:
  • 0 Sell Ratings
  • 9 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
$71.86
▲ +2.82 (4.08%)

This chart shows the closing price for CFLT by one month, three months, or twelve months.

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Analyst Price Target for CFLT

Analyst Price Target is $46.99
▼ -34.61% Downside Potential
This price target is based on 14 analysts offering 12 month price targets for Confluent in the last 3 months. The average price target is $46.99, with a high forecast of $61.00 and a low forecast of $37.00. The average price target represents a -34.61% upside from the last price of $71.86.

This chart shows the closing price for CFLT for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 14 contributing investment analysts is to hold stock in Confluent.

Past Monthly Recommendations

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  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/1/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/30/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/28/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/27/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/27/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/25/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 8 hold ratings
  • 0 sell ratings
8/24/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 9 hold ratings
  • 0 sell ratings
9/23/2021

Latest Recommendations

  • 0 strong buy ratings
  • 5 buy ratings
  • 9 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
9/15/2021DA DavidsonInitiated CoverageNeutral$61.00High
8/16/2021Morgan StanleyBoost Price TargetEqual Weight$45.00 ➝ $49.00Medium
8/6/2021JMP SecuritiesBoost Price TargetMarket Outperform$49.00 ➝ $52.00High
8/6/2021BarclaysBoost Price TargetEqual Weight$42.00 ➝ $47.00High
8/6/2021Deutsche Bank AktiengesellschaftBoost Price TargetHold$37.00 ➝ $42.00High
8/6/2021CitigroupBoost Price TargetNeutral$45.00 ➝ $51.00High
7/20/2021CitigroupInitiated CoverageNeutral$45.00Low
7/19/2021BarclaysInitiated CoverageEqual Weight$42.00Low
7/19/2021UBS GroupInitiated CoverageBuy$46.00Medium
7/19/2021JPMorgan Chase & Co.Initiated CoverageNeutral$44.00Low
7/19/2021Morgan StanleyInitiated CoverageEqual Weight$45.00Medium
7/19/2021Deutsche Bank AktiengesellschaftInitiated CoverageHold$37.00Medium
7/19/2021CowenInitiated CoverageOutperform$40.40Medium
7/19/2021Wells Fargo & CompanyInitiated CoverageOverweight$50.00Medium
7/19/2021Bank of AmericaInitiated CoverageNeutral$48.00Medium
7/19/2021Piper SandlerInitiated CoverageOverweight$50.00Medium
7/19/2021KeyCorpInitiated CoverageSector Weight ➝ Sector Weight$40.40Medium
7/19/2021The Goldman Sachs GroupInitiated CoverageNeutral$37.00Medium
7/19/2021JMP SecuritiesInitiated CoverageOutperform$49.00Medium
(Data available from 9/23/2016 forward)

News Sentiment Rating

0.37 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

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  • 0 very positive mentions
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  • 0 negative mentions
  • 0 very negative mentions
2/25/2021
  • 0 very positive mentions
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  • 0 negative mentions
  • 0 very negative mentions
3/27/2021
  • 0 very positive mentions
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  • 0 negative mentions
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4/26/2021
  • 0 very positive mentions
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5/26/2021
  • 0 very positive mentions
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  • 0 very negative mentions
6/25/2021
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/25/2021
  • 2 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/24/2021
  • 4 very positive mentions
  • 14 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/23/2021

Current Sentiment

  • 4 very positive mentions
  • 14 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.
Confluent logo
Confluent, Inc. engages in developing cloud-native platform for data-in-motion that helps companies to connect their applications around real-time streams in the United States and internationally. The company offers Apache Kafka, a community distributed event streaming platform. Its products also include Confluent Cloud, a managed cloud-native service for Apache Kafka to connect and process data of user companies; Confluent platform, a self-managed platform to connect, process, and react to data in real-time for streaming data from across the organization for customer experiences and data-driven operations; ksqlDB that enables users to build real-time applications; and Confluent hub. The company's solutions also include insurance, automotive, technology, fraud detection, customer 360, messaging modernization, streaming ETL, event-driven microservices, mainframe offload, SIEM optimization, bridge to cloud, and internet of things. It also provides professional services and tools for Confluent customers to help in streaming platform adoption; and training and certification programs for Confluent education. The company serves financial services, gaming, government, manufacturing, media and entertainment, and retail and eCommerce industries. It has a strategic alliance with Microsoft. The company was formerly known as Infinitem, Inc. and changed its name to Confluent, Inc. in September 2014. Confluent, Inc. was incorporated in 2014 and is headquartered in Mountain View, California.
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Today's Range

Now: $71.86
Low: $67.75
High: $72.86

50 Day Range

MA: $51.98
Low: $39.00
High: $69.76

52 Week Range

Now: $71.86
Low: $37.71
High: $71.00

Volume

22,647 shs

Average Volume

1,252,086 shs

Market Capitalization

$18.71 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Confluent?

The following equities research analysts have issued research reports on Confluent in the last twelve months: Bank of America Co., Barclays PLC, Citigroup Inc., Cowen Inc, DA Davidson, Deutsche Bank Aktiengesellschaft, JMP Securities, JPMorgan Chase & Co., KeyCorp, Morgan Stanley, Piper Sandler, The Goldman Sachs Group, Inc., UBS Group AG, Wells Fargo & Company, and Zacks Investment Research.
View the latest analyst ratings for CFLT.

What is the current price target for Confluent?

14 Wall Street analysts have set twelve-month price targets for Confluent in the last year. Their average twelve-month price target is $46.99, suggesting a possible downside of 34.6%. DA Davidson has the highest price target set, predicting CFLT will reach $61.00 in the next twelve months. The Goldman Sachs Group, Inc. has the lowest price target set, forecasting a price of $37.00 for Confluent in the next year.
View the latest price targets for CFLT.

What is the current consensus analyst rating for Confluent?

Confluent currently has 9 hold ratings and 5 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in CFLT, but not buy more shares or sell existing shares.
View the latest ratings for CFLT.

What other companies compete with Confluent?

How do I contact Confluent's investor relations team?

The company's listed phone number is 800-439-3207 and its investor relations email address is [email protected] The official website for Confluent is www.confluent.io.