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Confluent - CFLT Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $31.78
  • Forecasted Upside: 28.65%
  • Number of Analysts: 16
  • Breakdown:
  • 0 Sell Ratings
  • 6 Hold Ratings
  • 10 Buy Ratings
  • 0 Strong Buy Ratings
$24.70 As of 02/7/2023 01:57 PM ET
▲ +0.06 (0.24%)

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 $31.78
▲ +28.65% Upside Potential
This price target is based on 16 analysts offering 12 month price targets for Confluent in the last 3 months. The average price target is $31.78, with a high forecast of $55.00 and a low forecast of $21.00. The average price target represents a 28.65% upside from the last price of $24.70.

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 16 investment analysts is to buy stock in Confluent. This rating has held steady since September 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
  • 6 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
8/16/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
11/14/2021
  • 0 strong buy ratings
  • 9 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
2/12/2022
  • 0 strong buy ratings
  • 9 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
5/13/2022
  • 0 strong buy ratings
  • 8 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
8/11/2022
  • 0 strong buy ratings
  • 7 buy ratings
  • 6 hold ratings
  • 0 sell ratings
Ratings as of
11/9/2022
  • 0 strong buy ratings
  • 7 buy ratings
  • 6 hold ratings
  • 0 sell ratings
Ratings as of
1/8/2023
  • 0 strong buy ratings
  • 10 buy ratings
  • 6 hold ratings
  • 0 sell ratings
Ratings as of
2/7/2023

Latest Recommendations

  • 0 strong buy ratings
  • 10 buy ratings
  • 6 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/1/2023CitigroupLower TargetNeutral$27.00 ➝ $25.00Low
1/31/2023Deutsche Bank AktiengesellschaftBoost Target$28.00 ➝ $29.00Low
1/31/2023CowenLower TargetOutperform$35.00 ➝ $30.00Low
1/31/2023BarclaysBoost TargetOverweight$24.00 ➝ $26.00Low
1/27/2023JMP SecuritiesLower TargetMarket Outperform$45.00 ➝ $33.00Low
1/27/2023UBS GroupDowngradeBuy ➝ Neutral$27.00 ➝ $24.00Low
1/26/2023GuggenheimInitiated CoverageBuy$29.00Low
1/24/2023UBS GroupLower TargetBuy$35.00 ➝ $27.00Low
1/23/2023Deutsche Bank AktiengesellschaftUpgradeHold ➝ Buy$32.00 ➝ $28.00Low
1/19/2023CowenLower TargetOutperform$39.00 ➝ $35.00Low
1/17/2023FBN SecuritiesInitiated CoverageOutperform$30.00Low
1/10/2023BarclaysUpgradeEqual Weight ➝ Overweight$27.00 ➝ $24.00Low
1/9/2023Truist FinancialLower Target$35.00 ➝ $30.00Low
1/6/2023Wells Fargo & CompanyLower TargetOverweight$40.00 ➝ $36.00Low
1/6/2023ScotiabankDowngradeSector Outperform ➝ Sector Perform$21.00Low
1/5/2023Piper SandlerLower TargetOverweight$32.00 ➝ $30.00Low
12/19/2022Morgan StanleyLower TargetEqual Weight$35.00 ➝ $29.00Low
11/3/2022JPMorgan Chase & Co.Lower TargetNeutral$30.00 ➝ $25.00Low
11/3/2022Morgan StanleyLower TargetEqual Weight$38.00 ➝ $35.00Low
11/3/2022DA DavidsonLower Target$44.00 ➝ $33.00Low
11/3/2022Credit Suisse GroupLower TargetOutperform$65.00 ➝ $55.00Low
11/3/2022BarclaysLower TargetEqual Weight$30.00 ➝ $27.00Low
11/1/2022CitigroupLower TargetNeutral$32.00 ➝ $30.00Low
10/20/2022Morgan StanleyLower TargetEqual Weight$42.00 ➝ $38.00Low
10/18/2022BarclaysLower TargetEqual Weight$32.00 ➝ $30.00Low
9/30/2022Truist FinancialInitiated CoverageBuy$35.00Low
8/9/2022CowenBoost Target$39.00N/A
8/4/2022DA DavidsonBoost Target$38.00 ➝ $44.00Low
8/4/2022BarclaysBoost TargetEqual Weight$28.00 ➝ $32.00Low
8/4/2022Wells Fargo & CompanyBoost TargetOverweight$35.00 ➝ $40.00Low
8/4/2022UBS GroupBoost TargetBuy$33.00 ➝ $35.00Low
8/4/2022Credit Suisse GroupLower TargetOutperform$80.00 ➝ $65.00Low
8/4/2022Morgan StanleyBoost TargetEqual Weight$39.00 ➝ $42.00N/A
8/4/2022Deutsche Bank AktiengesellschaftBoost Target$28.00 ➝ $32.00Low
8/4/2022CitigroupBoost Target$26.00 ➝ $32.00Low
7/26/2022UBS GroupLower Target$33.00Low
7/18/2022BarclaysLower TargetEqual Weight$30.00 ➝ $28.00Low
7/13/2022Piper SandlerLower Target$40.00 ➝ $34.00N/A
6/8/2022ScotiabankInitiated CoverageOutperform$27.00Low
5/18/2022Wells Fargo & CompanyLower TargetOverweight$45.00 ➝ $35.00High
5/6/2022Credit Suisse GroupLower Target$100.00 ➝ $80.00High
5/6/2022Deutsche Bank AktiengesellschaftLower Target$63.00 ➝ $28.00High
4/19/2022BarclaysLower TargetEqual Weight$71.00 ➝ $44.00High
4/14/2022The Goldman Sachs GroupLower TargetNeutral$75.00 ➝ $48.00High
3/15/2022Wells Fargo & CompanyLower TargetOverweight$75.00 ➝ $55.00Low
2/11/2022Morgan StanleyBoost TargetEqual Weight$75.00 ➝ $80.00High
2/11/2022Credit Suisse GroupLower TargetOutperform$115.00 ➝ $100.00High
2/11/2022Deutsche Bank AktiengesellschaftLower TargetHold$84.00 ➝ $63.00High
2/1/2022Morgan StanleyLower TargetEqual Weight$94.00 ➝ $75.00High
1/26/2022Wells Fargo & CompanyLower TargetOverweight$90.00 ➝ $75.00High
1/25/2022DA DavidsonUpgradeNeutral ➝ Buy$76.00Medium
1/11/2022CitigroupInitiated CoverageNeutral$90.00 ➝ $80.00Low
11/21/2021Morgan StanleyBoost TargetEqual Weight$49.00 ➝ $94.00High
11/18/2021William BlairInitiated CoverageOutperformMedium
11/16/2021Credit Suisse GroupInitiated CoverageOutperform$115.00Low
11/8/2021Deutsche Bank AktiengesellschaftBoost TargetHold$42.00 ➝ $84.00High
11/5/2021CowenBoost TargetOutperform$75.00 ➝ $100.00High
11/5/2021JMP SecuritiesBoost TargetPositive ➝ Outperform$52.00 ➝ $97.00High
10/18/2021BarclaysBoost TargetEqual Weight$62.00 ➝ $68.00Low
9/15/2021DA DavidsonInitiated CoverageNeutral$61.00High
8/16/2021Morgan StanleyBoost TargetEqual Weight$45.00 ➝ $49.00Medium
8/6/2021JMP SecuritiesBoost TargetMarket Outperform$49.00 ➝ $52.00High
8/6/2021BarclaysBoost TargetEqual Weight$42.00 ➝ $47.00High
8/6/2021Deutsche Bank AktiengesellschaftBoost TargetHold$37.00 ➝ $42.00High
8/6/2021CitigroupBoost 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 2/7/2018 forward)

News Sentiment Rating

0.42 (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
  • 4 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/12/2022
  • 5 very positive mentions
  • 19 positive mentions
  • 5 negative mentions
  • 0 very negative mentions
Mentions as of
8/11/2022
  • 3 very positive mentions
  • 20 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
9/10/2022
  • 8 very positive mentions
  • 20 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
10/10/2022
  • 6 very positive mentions
  • 11 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/9/2022
  • 5 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/9/2022
  • 6 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
1/8/2023
  • 9 very positive mentions
  • 25 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
Mentions as of
2/7/2023

Current Sentiment

  • 9 very positive mentions
  • 25 positive mentions
  • 2 negative mentions
  • 1 very negative mentions

Recent Stories by Sentiment

Very Negative

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: $24.70
Low: $23.87
High: $24.84

50 Day Range

MA: $22.04
Low: $17.93
High: $27.08

52 Week Range

Now: $24.70
Low: $16.48
High: $81.11

Volume

1,146,647 shs

Average Volume

4,511,086 shs

Market Capitalization

$7.07 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.01

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, Cowen Inc., Credit Suisse Group AG, DA Davidson, Deutsche Bank Aktiengesellschaft, FBN Securities, Guggenheim, JMP Securities, JPMorgan Chase & Co., Morgan Stanley, Piper Sandler, Scotiabank, The Goldman Sachs Group, Inc., Truist Financial Co., UBS Group AG, and Wells Fargo & Company.
View the latest analyst ratings for CFLT.

What is the current price target for Confluent?

18 Wall Street analysts have set twelve-month price targets for Confluent in the last year. Their average twelve-month price target is $31.78, suggesting a possible upside of 28.7%. Credit Suisse Group AG has the highest price target set, predicting CFLT will reach $55.00 in the next twelve months. Scotiabank has the lowest price target set, forecasting a price of $21.00 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 6 hold ratings and 10 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 Procore Technologies, Elastic, Full Truck Alliance, SPS Commerce and UiPath. 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.