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NASDAQ:CFLT - Confluent Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $48.31
  • Forecasted Upside: 52.53 %
  • Number of Analysts: 13
  • Breakdown:
  • 0 Sell Ratings
  • 5 Hold Ratings
  • 8 Buy Ratings
  • 0 Strong Buy Ratings
$31.67 As of 08/9/2022 10:46 AM ET
▼ -1.89 (-5.63%)

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 $48.31
▲ +52.53% Upside Potential
This price target is based on 13 analysts offering 12 month price targets for Confluent in the last 3 months. The average price target is $48.31, with a high forecast of $100.00 and a low forecast of $27.00. The average price target represents a 52.53% upside from the last price of $31.67.

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 Buy

The current consensus among 13 investment analysts is to buy stock in Confluent. This rating has held steady since November 2021, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
2/14/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/15/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 8 hold ratings
  • 0 sell ratings
Ratings as of
8/13/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 8 hold ratings
  • 0 sell ratings
Ratings as of
11/11/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 8 hold ratings
  • 0 sell ratings
Ratings as of
2/9/2022
  • 0 strong buy ratings
  • 8 buy ratings
  • 8 hold ratings
  • 0 sell ratings
Ratings as of
5/10/2022
  • 0 strong buy ratings
  • 9 buy ratings
  • 8 hold ratings
  • 0 sell ratings
Ratings as of
7/9/2022
  • 0 strong buy ratings
  • 8 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
8/8/2022

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
8/4/2022DA DavidsonBoost Price Target$38.00 ➝ $44.00Low
8/4/2022BarclaysBoost Price TargetEqual Weight$28.00 ➝ $32.00Low
8/4/2022Wells Fargo & CompanyBoost Price TargetOverweight$35.00 ➝ $40.00Low
8/4/2022UBS GroupBoost Price TargetBuy$33.00 ➝ $35.00Low
8/4/2022Credit Suisse GroupLower Price TargetOutperform$80.00 ➝ $65.00Low
8/4/2022Morgan StanleyBoost Price TargetEqual Weight$39.00 ➝ $42.00N/A
8/4/2022Deutsche Bank AktiengesellschaftBoost Price Target$28.00 ➝ $32.00Low
8/4/2022CitigroupBoost Price Target$26.00 ➝ $32.00Low
7/26/2022UBS GroupLower Price Target$33.00Low
7/18/2022BarclaysLower Price TargetEqual Weight$30.00 ➝ $28.00Low
7/13/2022Piper SandlerLower Price Target$40.00 ➝ $34.00N/A
6/8/2022ScotiabankInitiated CoverageOutperform$27.00Low
5/18/2022Wells Fargo & CompanyLower Price TargetOverweight$45.00 ➝ $35.00High
5/6/2022Credit Suisse GroupLower Price Target$100.00 ➝ $80.00High
5/6/2022Deutsche Bank AktiengesellschaftLower Price Target$63.00 ➝ $28.00High
4/19/2022BarclaysLower Price TargetEqual Weight$71.00 ➝ $44.00High
4/14/2022The Goldman Sachs GroupLower Price TargetNeutral$75.00 ➝ $48.00High
3/15/2022Wells Fargo & CompanyLower Price TargetOverweight$75.00 ➝ $55.00Low
2/11/2022Morgan StanleyBoost Price TargetEqual Weight$75.00 ➝ $80.00High
2/11/2022Credit Suisse GroupLower Price TargetOutperform$115.00 ➝ $100.00High
2/11/2022Deutsche Bank AktiengesellschaftLower Price TargetHold$84.00 ➝ $63.00High
2/1/2022Morgan StanleyLower Price TargetEqual Weight$94.00 ➝ $75.00High
1/26/2022Wells Fargo & CompanyLower Price TargetOverweight$90.00 ➝ $75.00High
1/25/2022DA DavidsonUpgradeNeutral ➝ Buy$76.00Medium
1/11/2022CitigroupInitiated CoverageNeutral$90.00 ➝ $80.00Low
11/21/2021Morgan StanleyBoost Price TargetEqual Weight$49.00 ➝ $94.00High
11/18/2021William BlairInitiated CoverageOutperformMedium
11/16/2021Credit Suisse GroupInitiated CoverageOutperform$115.00Low
11/8/2021Deutsche Bank AktiengesellschaftBoost Price TargetHold$42.00 ➝ $84.00High
11/5/2021CowenBoost Price TargetOutperform$75.00 ➝ $100.00High
11/5/2021JMP SecuritiesBoost Price TargetPositive ➝ Outperform$52.00 ➝ $97.00High
10/18/2021BarclaysBoost Price TargetEqual Weight$62.00 ➝ $68.00Low
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 8/9/2017 forward)

News Sentiment Rating

0.17 (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

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 3 very positive mentions
  • 17 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
1/10/2022
  • 2 very positive mentions
  • 18 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
2/9/2022
  • 4 very positive mentions
  • 18 positive mentions
  • 6 negative mentions
  • 0 very negative mentions
Mentions as of
3/11/2022
  • 1 very positive mentions
  • 17 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
4/10/2022
  • 3 very positive mentions
  • 18 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
5/10/2022
  • 3 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
6/9/2022
  • 4 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/9/2022
  • 4 very positive mentions
  • 26 positive mentions
  • 7 negative mentions
  • 0 very negative mentions
Mentions as of
8/8/2022

Current Sentiment

  • 4 very positive mentions
  • 26 positive mentions
  • 7 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Confluent logo
Confluent, Inc. operates a data streaming platform in the United States and internationally. It offers Confluent Cloud, a managed cloud-native service for connecting and processing data; and Confluent Platform, an enterprise-grade self-managed software that connects and processes data in real-time with the foundational platform for data in motion. It also provides Kafka Connect that enables to build connectors to integrate Apache Kafka with other apps and data systems; ksqlDB, a database for stream processing applications; and stream governance, a solution that is designed for the intricacies of streaming data, which allows teams to expand usage of real-time data without bypassing requirements for risk management and regulatory compliance. In addition, it also offers training and professional services. 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: $31.67
Low: $30.22
High: $32.78

50 Day Range

MA: $24.35
Low: $17.98
High: $33.73

52 Week Range

Now: $31.67
Low: $16.48
High: $94.97

Volume

20,181 shs

Average Volume

2,245,536 shs

Market Capitalization

$8.82 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.31

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: Barclays PLC, Citigroup Inc., Cowen Inc, Credit Suisse Group AG, DA Davidson, Deutsche Bank Aktiengesellschaft, JMP Securities, Morgan Stanley, Piper Sandler, Scotiabank, The Goldman Sachs Group, Inc., UBS Group AG, Wells Fargo & Company, and William Blair.
View the latest analyst ratings for CFLT.

What is the current price target for Confluent?

13 Wall Street analysts have set twelve-month price targets for Confluent in the last year. Their average twelve-month price target is $48.31, suggesting a possible upside of 43.9%. Cowen Inc has the highest price target set, predicting CFLT will reach $100.00 in the next twelve months. Scotiabank has the lowest price target set, forecasting a price of $27.00 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 5 hold ratings and 8 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe CFLT will outperform the market and that investors should add to their positions of Confluent.
View the latest ratings for CFLT.

What other companies compete with Confluent?

Other companies that are similar to Confluent include Full Truck Alliance, Dropbox, Manhattan Associates, GitLab and Elastic. Learn More about companies similar to 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. Learn More about contacing Confluent investor relations.