• Consensus Rating: Moderate Buy
  • Consensus Price Target: $33.11
  • Forecasted Upside: 19.22%
  • Number of Analysts: 28
  • Breakdown:
  • 1 Sell Ratings
  • 6 Hold Ratings
  • 21 Buy Ratings
  • 0 Strong Buy Ratings
$27.77
▼ -0.08 (-0.29%)

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 $33.11
▲ +19.22% Upside Potential
This price target is based on 28 analysts offering 12 month price targets for Confluent in the last 3 months. The average price target is $33.11, with a high forecast of $40.00 and a low forecast of $21.00. The average price target represents a 19.22% upside from the last price of $27.77.

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 Moderate Buy

The current consensus among 28 investment analysts is to moderate buy stock in Confluent. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 21 buy ratings
  • 6 hold ratings
  • 1 sell ratings
12/22/2022
  • 0 strong buy ratings
  • 21 buy ratings
  • 6 hold ratings
  • 1 sell ratings
3/22/2023
  • 0 strong buy ratings
  • 21 buy ratings
  • 6 hold ratings
  • 1 sell ratings
6/20/2023
  • 0 strong buy ratings
  • 21 buy ratings
  • 6 hold ratings
  • 1 sell ratings
9/18/2023
  • 0 strong buy ratings
  • 21 buy ratings
  • 6 hold ratings
  • 1 sell ratings
12/17/2023
  • 0 strong buy ratings
  • 21 buy ratings
  • 6 hold ratings
  • 1 sell ratings
3/16/2024
  • 0 strong buy ratings
  • 21 buy ratings
  • 6 hold ratings
  • 1 sell ratings
5/15/2024
  • 0 strong buy ratings
  • 21 buy ratings
  • 6 hold ratings
  • 1 sell ratings
6/14/2024

Latest Recommendations

  • 0 strong buy ratings
  • 21 buy ratings
  • 6 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
6/11/2024Needham & Company LLCReiterated RatingBuy ➝ Buy$38.00 ➝ $38.00Low
6/11/2024Evercore ISIInitiated CoverageOutperform$35.00Low
6/4/2024Royal Bank of CanadaReiterated RatingOutperform ➝ Outperform$40.00 ➝ $40.00Low
5/17/2024OppenheimerInitiated CoverageOutperform$37.00Low
5/9/2024The Goldman Sachs GroupBoost TargetNeutral ➝ Neutral$27.00 ➝ $30.00Low
5/8/2024Royal Bank of CanadaBoost TargetOutperform ➝ Outperform$37.00 ➝ $40.00Low
5/8/2024JMP SecuritiesBoost TargetMarket Outperform ➝ Market Outperform$38.00 ➝ $40.00Low
5/8/2024BarclaysBoost TargetOverweight ➝ Overweight$33.00 ➝ $34.00Low
5/8/2024TD CowenBoost TargetBuy ➝ Buy$34.00 ➝ $37.00Low
5/8/2024GuggenheimBoost TargetBuy ➝ Buy$35.00 ➝ $37.00Low
5/8/2024Wells Fargo & CompanyBoost TargetOverweight ➝ Overweight$36.00 ➝ $38.00Low
5/8/2024Truist FinancialReiterated RatingBuy ➝ Buy$33.00 ➝ $36.00Low
5/8/2024Needham & Company LLCReiterated RatingBuy ➝ Buy$38.00Low
5/8/2024Canaccord Genuity GroupUpgradeHold ➝ Buy$28.00 ➝ $35.00Low
5/8/2024Canaccord Genuity GroupUpgradeHold ➝ Buy$35.00Low
4/15/2024MizuhoLower TargetBuy ➝ Buy$38.00 ➝ $36.00Low
4/1/2024DA DavidsonReiterated RatingBuy ➝ Buy$37.00Low
3/22/2024Needham & Company LLCBoost TargetBuy ➝ Buy$35.00 ➝ $38.00Low
2/21/2024Stifel NicolausInitiated CoverageBuy$40.00Low
2/16/2024MizuhoBoost TargetBuy ➝ Buy$34.00 ➝ $38.00Low
2/14/2024Royal Bank of CanadaBoost TargetOutperform ➝ Outperform$35.00 ➝ $37.00Low
2/8/2024JPMorgan Chase & Co.Boost TargetNeutral ➝ Neutral$23.00 ➝ $27.00Low
2/8/2024JMP SecuritiesBoost TargetMarket Outperform ➝ Market Outperform$25.00 ➝ $38.00Low
2/8/2024BarclaysBoost TargetOverweight ➝ Overweight$26.00 ➝ $33.00Low
2/8/2024ScotiabankBoost TargetSector Perform ➝ Sector Perform$22.00 ➝ $28.00Low
2/8/2024Royal Bank of CanadaBoost TargetOutperform ➝ Outperform$30.00 ➝ $35.00Low
2/8/2024MizuhoBoost TargetBuy ➝ Buy$29.00 ➝ $34.00Low
2/8/2024The Goldman Sachs GroupBoost TargetNeutral ➝ Neutral$24.00 ➝ $27.00Low
2/8/2024Needham & Company LLCBoost TargetBuy ➝ Buy$30.00 ➝ $35.00Low
2/8/2024Wells Fargo & CompanyBoost TargetOverweight ➝ Overweight$30.00 ➝ $36.00Low
2/5/2024UBS GroupBoost TargetNeutral ➝ Neutral$21.00 ➝ $26.00Low
2/1/2024Needham & Company LLCReiterated RatingBuy ➝ Buy$30.00Low
1/30/2024Loop CapitalInitiated CoverageHold$23.00Low
1/2/2024Needham & Company LLCBoost TargetBuy ➝ Buy$23.00 ➝ $30.00Low
11/28/2023Sanford C. BernsteinInitiated CoverageOutperform$34.00Low
11/8/2023Capital One FinancialUpgradeEqual Weight ➝ Overweight$27.00Low
11/6/2023Royal Bank of CanadaInitiated CoverageOutperform$22.00Low
11/3/2023The Goldman Sachs GroupLower TargetNeutral ➝ Neutral$35.00 ➝ $24.00Low
11/3/2023JMP SecuritiesLower TargetMarket Outperform ➝ Market Outperform$41.00 ➝ $25.00Low
11/3/2023Truist FinancialLower TargetBuy ➝ Buy$42.00 ➝ $27.00Low
11/3/2023Wolfe ResearchUpgradePeer Perform ➝ Outperform$21.00Low
11/3/2023GuggenheimUpgradeNeutral ➝ Buy$23.00Low
11/2/2023Needham & Company LLCLower TargetBuy ➝ Buy$45.00 ➝ $23.00Low
11/2/2023BarclaysLower TargetOverweight ➝ Overweight$39.00 ➝ $26.00N/A
11/2/2023Canaccord Genuity GroupReiterated RatingBuy ➝ Hold$26.00N/A
11/2/2023Morgan StanleyLower TargetOverweight ➝ Overweight$40.00 ➝ $27.00N/A
11/2/2023Piper SandlerLower TargetOverweight ➝ Overweight$40.00 ➝ $30.00N/A
11/2/2023Canaccord Genuity GroupDowngradeBuy ➝ Hold$26.00Low
11/2/2023Bank of AmericaDowngradeNeutral ➝ Underperform$38.00 ➝ $24.00Low
10/12/2023BarclaysLower TargetOverweight ➝ Overweight$42.00 ➝ $39.00Low
10/9/2023Capital One FinancialInitiated CoverageEqual Weight$35.00Low
9/28/2023William BlairReiterated RatingOutperformLow
9/25/2023Needham & Company LLCReiterated RatingBuy ➝ Buy$45.00Low
9/1/2023Canaccord Genuity GroupInitiated CoverageBuy$40.00Low
9/1/2023Canaccord Genuity GroupInitiated CoverageBuy$40.00Low
8/3/2023Needham & Company LLCReiterated RatingBuy$45.00Low
8/3/2023Morgan StanleyBoost TargetOverweight ➝ Overweight$30.00 ➝ $40.00Low
8/2/2023CitigroupBoost TargetNeutral ➝ Neutral$36.00 ➝ $37.00Low
6/21/2023DA DavidsonBoost Target$32.00 ➝ $42.00Low
6/20/2023Wolfe ResearchInitiated CoverageMarket PerformLow
6/15/2023Deutsche Bank AktiengesellschaftBoost Target$27.00 ➝ $38.00Low
6/14/2023Truist FinancialBoost Target$30.00 ➝ $42.00Low
6/14/2023JPMorgan Chase & Co.Boost Target$20.00 ➝ $31.00Low
6/14/2023MizuhoBoost Target$28.00 ➝ $40.00Low
6/14/2023UBS GroupBoost Target$24.00 ➝ $39.00Low
6/14/2023Wells Fargo & CompanyBoost Target$35.00 ➝ $41.00Low
6/14/2023GuggenheimDowngradeBuy ➝ NeutralLow
6/14/2023JMP SecuritiesBoost Target$31.00 ➝ $41.00Low
6/14/2023BarclaysBoost Target$26.00 ➝ $42.00Low
6/12/2023Needham & Company LLCBoost Target$35.00 ➝ $45.00Low
6/9/2023Piper SandlerBoost Target$30.00 ➝ $40.00Low
5/30/2023Needham & Company LLCInitiated CoverageBuy$35.00Low
5/5/2023Deutsche Bank AktiengesellschaftLower Target$29.00 ➝ $27.00Low
5/4/2023VNET GroupReiterated RatingMaintainsLow
5/4/2023JMP SecuritiesLower Target$33.00 ➝ $31.00Low
5/4/2023BarclaysLower Target$29.00 ➝ $26.00Low
4/17/2023BarclaysBoost TargetOverweight$26.00 ➝ $29.00Low
4/12/2023Morgan StanleyUpgradeEqual Weight ➝ Overweight$29.00 ➝ $30.00Low
3/28/2023MizuhoInitiated CoverageBuy$28.00Low
3/6/2023Credit Suisse GroupReiterated RatingOutperform$31.00Low
2/13/2023Moffett NathansonInitiated CoverageOutperform$36.00Low
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 6/14/2019 forward)

News Sentiment Rating

1.12 (Buy)

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
  • 26 positive mentions
  • 2 negative mentions
  • 2 very negative mentions
11/17/2023
  • 10 very positive mentions
  • 11 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
12/17/2023
  • 8 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/16/2024
  • 25 very positive mentions
  • 29 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
2/15/2024
  • 24 very positive mentions
  • 18 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
3/16/2024
  • 15 very positive mentions
  • 14 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
4/15/2024
  • 27 very positive mentions
  • 27 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
5/15/2024
  • 33 very positive mentions
  • 15 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
6/14/2024

Current Sentiment

  • 33 very positive mentions
  • 15 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Confluent logo
Confluent, Inc. operates a data streaming platform in the United States and internationally. The company provides platforms that allow customers to connect their applications, systems, and data layers, such as Confluent Cloud, a managed cloud-native software-as-a-service; and Confluent Platform, an enterprise-grade self-managed software. It offers connectors for existing applications, and IT and cloud infrastructure; Apache Flink services that allows teams to create reusable data streams that can be delivered real-time; ksqlDB, a data-in-motion database that allows users to build data-in-motion applications using a few SQL statements; stream governance, a managed data governance suite that is designed for the intricacies of streaming data, which allows teams to accelerate data streaming initiatives without bypassing controls for risk management and regulatory compliance; and stream designer which builds streaming data pipelines visually. In addition, the company offers professional services comprising packaged and residency offerings; education offerings consisting of instructor-led and self-paced training and certification guidance, technical resources, and access to hands-on training and certification exams; and certification programs. It serves banking and financial services industries, as well as retail and e-commerce, manufacturing, automotive, communication service providers, gaming, public sector, insurance, and technology industries. 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.
Read More

Today's Range

Now: $27.77
Low: $27.46
High: $28.00

50 Day Range

MA: $28.85
Low: $25.70
High: $32.23

52 Week Range

Now: $27.77
Low: $14.69
High: $41.22

Volume

2,705,825 shs

Average Volume

4,527,477 shs

Market Capitalization

$8.83 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.88

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, Canaccord Genuity Group Inc., Capital One Financial Co., Citigroup Inc., DA Davidson, Deutsche Bank Aktiengesellschaft, Evercore ISI, Guggenheim, JMP Securities, JPMorgan Chase & Co., Loop Capital, Mizuho, Morgan Stanley, Needham & Company LLC, Oppenheimer Holdings Inc., Piper Sandler, Royal Bank of Canada, Sanford C. Bernstein, Scotiabank, Stifel Nicolaus, TD Cowen, The Goldman Sachs Group, Inc., Truist Financial Co., UBS Group AG, Wells Fargo & Company, William Blair, and Wolfe Research.
View the latest analyst ratings for CFLT.

What is the current price target for Confluent?

28 Wall Street analysts have set twelve-month price targets for Confluent in the last year. Their average twelve-month price target is $33.11, suggesting a possible upside of 19.2%. Stifel Nicolaus has the highest price target set, predicting CFLT will reach $40.00 in the next twelve months. Wolfe Research 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 1 sell rating, 6 hold ratings and 21 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for CFLT.

What other companies compete with Confluent?

Other companies that are similar to Confluent include F5, Toast, Qualtrics International, Cloudera and RingCentral. 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.