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Confluent (NASDAQ:CFLT) Stock, Analyst Ratings, Price Targets, Forecasts
Confluent Inc has a consensus price target of $32.77 based on the ratings of 30 analysts. The high is $40 issued by RBC Capital on June 4, 2024. The low is $21 issued by Wolfe Research on November 3, 2023. The 3 most-recent analyst ratings were released by Loop Capital, Mizuho, and Guggenheim on July 19, 2024, July 16, 2024, and June 25, 2024, respectively. With an average price target of $32 between Loop Capital, Mizuho, and Guggenheim, there's an implied 27.69% upside for Confluent Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Loop Capital
Mizuho
Guggenheim
Needham
Evercore ISI Group
1calculated from analyst ratings
Analyst Ratings for Confluent
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 07/19/2024 | Buy Now | -0.24% | Loop Capital | Yun Kim | $30 → $25 | Maintains | Hold | Get Alert |
| 07/16/2024 | Buy Now | 35.67% | Mizuho | Gregg Moskowitz | $36 → $34 | Maintains | Outperform | Get Alert |
| 06/25/2024 | Buy Now | 47.65% | Guggenheim | Howard Ma | $37 → $37 | Reiterates | Buy → Buy | Get Alert |
| 06/11/2024 | Buy Now | 51.64% | Needham | Mike Cikos | $38 → $38 | Reiterates | Buy → Buy | Get Alert |
| 06/11/2024 | Buy Now | 39.66% | Evercore ISI Group | Chirag Ved | → $35 | Initiates | → Outperform | Get Alert |
| 06/04/2024 | Buy Now | 59.62% | RBC Capital | Matthew Hedberg | $40 → $40 | Reiterates | Outperform → Outperform | Get Alert |
| 05/17/2024 | Buy Now | 47.65% | Oppenheimer | Ittai Kidron | → $37 | Initiates | → Outperform | Get Alert |
| 05/09/2024 | Buy Now | 19.71% | Goldman Sachs | Kash Rangan | $27 → $30 | Maintains | Neutral | Get Alert |
| 05/08/2024 | Buy Now | 51.64% | Needham | Mike Cikos | → $38 | Reiterates | Buy → Buy | Get Alert |
| 05/08/2024 | Buy Now | 59.62% | RBC Capital | Matthew Hedberg | $37 → $40 | Maintains | Outperform | Get Alert |
| 05/08/2024 | Buy Now | 35.67% | Barclays | Raimo Lenschow | $33 → $34 | Maintains | Overweight | Get Alert |
| 05/08/2024 | Buy Now | 59.62% | JMP Securities | Patrick Walravens | $38 → $40 | Maintains | Market Outperform | Get Alert |
| 05/08/2024 | Buy Now | 47.65% | Guggenheim | Howard Ma | $35 → $37 | Maintains | Buy | Get Alert |
| 05/08/2024 | Buy Now | 47.65% | TD Cowen | Derrick Wood | $34 → $37 | Maintains | Buy | Get Alert |
| 05/08/2024 | Buy Now | 51.64% | Wells Fargo | Michael Turrin | $36 → $38 | Maintains | Overweight | Get Alert |
| 05/08/2024 | Buy Now | 43.66% | Truist Securities | Joel Fishbein | $33 → $36 | Reiterates | Buy → Buy | Get Alert |
| 05/08/2024 | Buy Now | 39.66% | Canaccord Genuity | Kingsley Crane | $28 → $35 | Upgrade | Hold → Buy | Get Alert |
| 04/15/2024 | Buy Now | 43.66% | Mizuho | Gregg Moskowitz | $38 → $36 | Maintains | Buy | Get Alert |
| 04/01/2024 | Buy Now | 47.65% | DA Davidson | Rudy Kessinger | $37 → $37 | Maintains | Buy | Get Alert |
| 03/22/2024 | Buy Now | 51.64% | Needham | Mike Cikos | $35 → $38 | Maintains | Buy | Get Alert |
| 02/21/2024 | Buy Now | 59.62% | Stifel | Brad Reback | → $40 | Initiates | → Buy | Get Alert |
| 02/16/2024 | Buy Now | 51.64% | Mizuho | Gregg Moskowitz | $34 → $38 | Maintains | Buy | Get Alert |
| 02/14/2024 | Buy Now | 47.65% | RBC Capital | Matthew Hedberg | $35 → $37 | Maintains | Outperform | Get Alert |
| 02/08/2024 | Buy Now | 7.74% | JP Morgan | Pinjalim Bora | $23 → $27 | Maintains | Neutral | Get Alert |
| 02/08/2024 | Buy Now | 11.73% | Scotiabank | Nick Altmann | $22 → $28 | Maintains | Sector Perform | Get Alert |
| 02/08/2024 | Buy Now | 31.68% | Barclays | Raimo Lenschow | $26 → $33 | Maintains | Overweight | Get Alert |
| 02/08/2024 | Buy Now | 51.64% | JMP Securities | Patrick Walravens | $25 → $38 | Maintains | Market Outperform | Get Alert |
| 02/08/2024 | Buy Now | 7.74% | Goldman Sachs | Kash Rangan | $24 → $27 | Maintains | Neutral | Get Alert |
| 02/08/2024 | Buy Now | 35.67% | Mizuho | Gregg Moskowitz | $29 → $34 | Maintains | Buy | Get Alert |
| 02/08/2024 | Buy Now | 39.66% | RBC Capital | Matthew Hedberg | $30 → $35 | Maintains | Outperform | Get Alert |
| 02/08/2024 | Buy Now | 43.66% | Wells Fargo | Michael Turrin | $30 → $36 | Maintains | Overweight | Get Alert |
| 02/08/2024 | Buy Now | 39.66% | Needham | Mike Cikos | $30 → $35 | Maintains | Buy | Get Alert |
| 02/05/2024 | Buy Now | 3.75% | UBS | Karl Keirstead | $21 → $26 | Maintains | Neutral | Get Alert |
| 02/01/2024 | Buy Now | 19.71% | Needham | Mike Cikos | → $30 | Reiterates | Buy → Buy | Get Alert |
| 01/30/2024 | Buy Now | -8.22% | Loop Capital | Yun Kim | → $23 | Initiates | → Hold | Get Alert |
| 01/02/2024 | Buy Now | 19.71% | Needham | Mike Cikos | $23 → $30 | Maintains | Buy | Get Alert |
| 11/28/2023 | Buy Now | 35.67% | Bernstein | Peter Weed | → $34 | Initiates | → Outperform | Get Alert |
| 11/08/2023 | Buy Now | 7.74% | Capital One | Connor Murphy | → $27 | Upgrade | Equal-Weight → Overweight | Get Alert |
| 11/06/2023 | Buy Now | -12.21% | RBC Capital | Matthew Hedberg | → $22 | Initiates | → Outperform | Get Alert |
| 11/03/2023 | Buy Now | -0.24% | JMP Securities | Patrick Walravens | $41 → $25 | Maintains | Market Outperform | Get Alert |
| 11/03/2023 | Buy Now | 7.74% | Truist Securities | Joel Fishbein | $42 → $27 | Maintains | Buy | Get Alert |
| 11/03/2023 | Buy Now | -4.23% | Goldman Sachs | Kash Rangan | $35 → $24 | Maintains | Neutral | Get Alert |
| 11/03/2023 | Buy Now | 3.75% | Canaccord Genuity | Kingsley Crane | → $26 | Downgrade | Buy → Hold | Get Alert |
| 11/03/2023 | Buy Now | -16.2% | Wolfe Research | Allan Verkhovski | → $21 | Upgrade | Peer Perform → Outperform | Get Alert |
| 11/03/2023 | Buy Now | -8.22% | Guggenheim | Howard Ma | → $23 | Upgrade | Neutral → Buy | Get Alert |
| 11/02/2023 | Buy Now | 19.71% | Piper Sandler | Rob Owens | $40 → $30 | Maintains | Overweight | Get Alert |
| 11/02/2023 | Buy Now | 7.74% | Morgan Stanley | Sanjit Singh | $40 → $27 | Maintains | Overweight | Get Alert |
| 11/02/2023 | Buy Now | 3.75% | Canaccord Genuity | Kingsley Crane | → $26 | Downgrade | Buy → Hold | Get Alert |
| 11/02/2023 | Buy Now | 3.75% | Barclays | Raimo Lenschow | $39 → $26 | Maintains | Overweight | Get Alert |
| 11/02/2023 | Buy Now | -4.23% | B of A Securities | Brad Sills | → $24 | Downgrade | Neutral → Underperform | Get Alert |
| 11/02/2023 | Buy Now | -8.22% | Needham | Mike Cikos | $45 → $23 | Maintains | Buy | Get Alert |
| 10/12/2023 | Buy Now | 55.63% | Barclays | Raimo Lenschow | $42 → $39 | Maintains | Overweight | Get Alert |
| 09/28/2023 | Buy Now | 79.57% | Needham | Mike Cikos | → $45 | Reiterates | Buy → Buy | Get Alert |
| 09/25/2023 | Buy Now | 79.57% | Needham | Mike Cikos | → $45 | Reiterates | Buy → Buy | Get Alert |
| 09/01/2023 | Buy Now | 59.62% | Canaccord Genuity | Kingsley Crane | → $40 | Initiates | → Buy | Get Alert |
| 08/03/2023 | Buy Now | 79.57% | Needham | Mike Cikos | → $45 | Reiterates | → Buy | Get Alert |
| 08/03/2023 | Buy Now | 59.62% | Morgan Stanley | Sanjit Singh | $30 → $40 | Maintains | Overweight | Get Alert |
| 08/03/2023 | Buy Now | 47.65% | Citigroup | Tyler Radke | $36 → $37 | Maintains | Neutral | Get Alert |
| 08/02/2023 | Buy Now | 43.66% | Citigroup | Tyler Radke | $24 → $36 | Maintains | Neutral | Get Alert |
| 06/23/2023 | Buy Now | 67.6% | Truist Securities | Joel Fishbein | $42 → $42 | Reiterates | Buy → Buy | Get Alert |
| 06/20/2023 | Buy Now | — | Wolfe Research | Allan Verkhovski | — | Initiates | → Peer Perform | Get Alert |
| 06/15/2023 | Buy Now | 51.64% | Deutsche Bank | Brad Zelnick | $27 → $38 | Reiterates | → Buy | Get Alert |
| 06/15/2023 | Buy Now | 27.69% | Goldman Sachs | Kash Rangan | $29 → $32 | Maintains | Neutral | Get Alert |
| 06/15/2023 | Buy Now | — | Guggenheim | Howard Ma | — | Downgrade | Buy → Neutral | Get Alert |
| 06/14/2023 | Buy Now | 63.61% | JMP Securities | Patrick Walravens | $31 → $41 | Maintains | Market Outperform | Get Alert |
| 06/14/2023 | Buy Now | 67.6% | Truist Securities | Joel Fishbein | $30 → $42 | Maintains | Buy | Get Alert |
| 06/14/2023 | Buy Now | 23.7% | JP Morgan | Pinjalim Bora | $20 → $31 | Maintains | Neutral | Get Alert |
| 06/14/2023 | Buy Now | — | Guggenheim | Howard Ma | — | Downgrade | Buy → Neutral | Get Alert |
| 06/14/2023 | Buy Now | 63.61% | Wells Fargo | Michael Turrin | $35 → $41 | Maintains | Overweight | Get Alert |
| 06/14/2023 | Buy Now | 59.62% | Mizuho | Gregg Moskowitz | $28 → $40 | Maintains | Buy | Get Alert |
| 06/14/2023 | Buy Now | 67.6% | Barclays | Raimo Lenschow | $26 → $42 | Maintains | Overweight | Get Alert |
| 06/14/2023 | Buy Now | 79.57% | Needham | Mike Cikos | → $45 | Reiterates | Buy → Buy | Get Alert |
| 06/12/2023 | Buy Now | 79.57% | Needham | Mike Cikos | $35 → $45 | Maintains | Buy | Get Alert |
| 05/31/2023 | Buy Now | 39.66% | Wells Fargo | Michael Turrin | $28 → $35 | Maintains | Overweight | Get Alert |
| 05/30/2023 | Buy Now | 39.66% | Needham | Mike Cikos | → $35 | Initiates | → Buy | Get Alert |
| 05/05/2023 | Buy Now | 15.72% | Goldman Sachs | Kash Rangan | $33 → $29 | Maintains | Neutral | Get Alert |
| 05/04/2023 | Buy Now | 11.73% | TD Cowen | Derrick Wood | $30 → $28 | Maintains | Outperform | Get Alert |
| 05/04/2023 | Buy Now | 15.72% | Goldman Sachs | Kash Rangan | $33 → $29 | Maintains | Neutral | Get Alert |
| 05/04/2023 | Buy Now | 11.73% | Wells Fargo | Michael Turrin | $30 → $28 | Maintains | Overweight | Get Alert |
| 05/04/2023 | Buy Now | 23.7% | Credit Suisse | Fred Lee | → $31 | Reiterates | → Outperform | Get Alert |
| 05/04/2023 | Buy Now | 23.7% | JMP Securities | Patrick Walravens | $33 → $31 | Maintains | Outperform | Get Alert |
| 05/04/2023 | Buy Now | 11.73% | Barclays | Raimo Lenschow | $29 → $28 | Maintains | Overweight | Get Alert |
| 04/28/2023 | Buy Now | -4.23% | Citigroup | Tyler Radke | $25 → $24 | Maintains | Neutral | Get Alert |
| 04/17/2023 | Buy Now | 15.72% | Barclays | Raimo Lenschow | $26 → $29 | Maintains | Overweight | Get Alert |
| 04/12/2023 | Buy Now | 19.71% | Morgan Stanley | Sanjit Singh | $29 → $30 | Upgrade | Equal-Weight → Overweight | Get Alert |
| 03/29/2023 | Buy Now | 11.73% | Mizuho | Gregg Moskowitz | → $28 | Initiates | → Buy | Get Alert |
| 03/06/2023 | Buy Now | 23.7% | Credit Suisse | Fred Lee | → $31 | Reiterates | → Outperform | Get Alert |
| 02/01/2023 | Buy Now | -0.24% | Citigroup | Tyler Radke | $27 → $25 | Maintains | Neutral | Get Alert |
| 01/31/2023 | Buy Now | 19.71% | Cowen & Co. | J. Derrick Wood | $35 → $30 | Maintains | Outperform | Get Alert |
| 01/31/2023 | Buy Now | 31.68% | JMP Securities | Patrick Walravens | → $33 | Reiterates | → Market Outperform | Get Alert |
| 01/31/2023 | Buy Now | 3.75% | Barclays | Raimo Lenschow | $24 → $26 | Maintains | Overweight | Get Alert |
| 01/27/2023 | Buy Now | -4.23% | UBS | Karl Keirstead | → $24 | Downgrade | Buy → Neutral | Get Alert |
| 01/27/2023 | Buy Now | 31.68% | JMP Securities | Patrick Walravens | $45 → $33 | Maintains | Market Outperform | Get Alert |
| 01/27/2023 | Buy Now | 15.72% | Guggenheim | Howard Ma | → $29 | Initiates | → Buy | Get Alert |
| 01/24/2023 | Buy Now | 7.74% | UBS | Karl Keirstead | $35 → $27 | Maintains | Buy | Get Alert |
| 01/23/2023 | Buy Now | 11.73% | Deutsche Bank | Brad Zelnick | $32 → $28 | Upgrade | Hold → Buy | Get Alert |
| 01/19/2023 | Buy Now | 39.66% | Cowen & Co. | J. Derrick Wood | $39 → $35 | Maintains | Outperform | Get Alert |
| 01/17/2023 | Buy Now | 19.71% | FBN Securities | Shebly Seyrafi | → $30 | Initiates | → Outperform | Get Alert |
| 01/10/2023 | Buy Now | -4.23% | Barclays | Raimo Lenschow | → $24 | Upgrade | Equal-Weight → Overweight | Get Alert |
| 01/06/2023 | Buy Now | 43.66% | Wells Fargo | Michael Turrin | $40 → $36 | Maintains | Overweight | Get Alert |
FAQ
What is the target price for Confluent (CFLT) stock?
The latest price target for Confluent (NASDAQ:CFLT) was reported by Loop Capital on July 19, 2024. The analyst firm set a price target for $25.00 expecting CFLT to fall to within 12 months (a possible -0.24% downside). 59 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Confluent (CFLT)?
The latest analyst rating for Confluent (NASDAQ:CFLT) was provided by Loop Capital, and Confluent maintained their hold rating.
When was the last upgrade for Confluent (CFLT)?
The last upgrade for Confluent Inc happened on May 8, 2024 when Canaccord Genuity raised their price target to $35. Canaccord Genuity previously had a hold for Confluent Inc.
When was the last downgrade for Confluent (CFLT)?
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.
When is the next analyst rating going to be posted or updated for Confluent (CFLT)?
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 July 19, 2024 so you should expect the next rating to be made available sometime around July 19, 2025.
Is the Analyst Rating Confluent (CFLT) correct?
While ratings are subjective and will change, the latest Confluent (CFLT) rating was a maintained with a price target of $30.00 to $25.00. The current price Confluent (CFLT) is trading at is $25.06, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.