$28.53
1.18[4.31%]
At close: Apr 23
$28.53
0[0.00%]
After Hours: 5:52PM EDT
Confluent
(NASDAQ:CFLT)Confluent Stock (NASDAQ:CFLT), Analyst Ratings, Price Targets, Predictions
Confluent Inc has a consensus price target of $31.52, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from Mizuho, DA Davidson, and Needham on April 15, 2024, April 1, 2024, and March 22, 2024. With an average price target of $37 between Mizuho, DA Davidson, and Needham, there's an implied 29.69% upside for Confluent Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Mizuho
DA Davidson
Needham
Stifel
RBC Capital
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Confluent
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/15/2024 | CFLT | Buy Now | Confluent | $28.53 | 26.18% | Mizuho | Gregg Moskowitz | $38 → $36 | Maintains | Buy | Get Alert |
| 04/01/2024 | CFLT | Buy Now | Confluent | $28.53 | 29.69% | DA Davidson | Rudy Kessinger | $37 → $37 | Maintains | Buy | Get Alert |
| 03/22/2024 | CFLT | Buy Now | Confluent | $28.53 | 33.19% | Needham | Mike Cikos | $35 → $38 | Maintains | Buy | Get Alert |
| 02/21/2024 | CFLT | Buy Now | Confluent | $28.53 | 40.2% | Stifel | Brad Reback | → $40 | Initiates | → Buy | Get Alert |
| 02/16/2024 | CFLT | Buy Now | Confluent | $28.53 | 33.19% | Mizuho | Gregg Moskowitz | $34 → $38 | Maintains | Buy | Get Alert |
| 02/14/2024 | CFLT | Buy Now | Confluent | $28.53 | 29.69% | RBC Capital | Matthew Hedberg | $35 → $37 | Maintains | Outperform | Get Alert |
| 02/08/2024 | CFLT | Buy Now | Confluent | $28.53 | -5.36% | JP Morgan | Pinjalim Bora | $23 → $27 | Maintains | Neutral | Get Alert |
| 02/08/2024 | CFLT | Buy Now | Confluent | $28.53 | -1.86% | Scotiabank | Nick Altmann | $22 → $28 | Maintains | Sector Perform | Get Alert |
| 02/08/2024 | CFLT | Buy Now | Confluent | $28.53 | 15.67% | Barclays | Raimo Lenschow | $26 → $33 | Maintains | Overweight | Get Alert |
| 02/08/2024 | CFLT | Buy Now | Confluent | $28.53 | 33.19% | JMP Securities | Patrick Walravens | $25 → $38 | Maintains | Market Outperform | Get Alert |
| 02/08/2024 | CFLT | Buy Now | Confluent | $28.53 | -5.36% | Goldman Sachs | Kash Rangan | $24 → $27 | Maintains | Neutral | Get Alert |
| 02/08/2024 | CFLT | Buy Now | Confluent | $28.53 | 19.17% | Mizuho | Gregg Moskowitz | $29 → $34 | Maintains | Buy | Get Alert |
| 02/08/2024 | CFLT | Buy Now | Confluent | $28.53 | 22.68% | RBC Capital | Matthew Hedberg | $30 → $35 | Maintains | Outperform | Get Alert |
| 02/08/2024 | CFLT | Buy Now | Confluent | $28.53 | 26.18% | Wells Fargo | Michael Turrin | $30 → $36 | Maintains | Overweight | Get Alert |
| 02/08/2024 | CFLT | Buy Now | Confluent | $28.53 | 22.68% | Needham | Mike Cikos | $30 → $35 | Maintains | Buy | Get Alert |
| 02/05/2024 | CFLT | Buy Now | Confluent | $28.53 | -8.87% | UBS | Karl Keirstead | $21 → $26 | Maintains | Neutral | Get Alert |
| 02/01/2024 | CFLT | Buy Now | Confluent | $28.53 | 5.15% | Needham | Mike Cikos | → $30 | Reiterates | Buy → Buy | Get Alert |
| 01/30/2024 | CFLT | Buy Now | Confluent | $28.53 | -19.38% | Loop Capital | Yun Kim | → $23 | Initiates | → Hold | Get Alert |
| 01/02/2024 | CFLT | Buy Now | Confluent | $28.53 | 5.15% | Needham | Mike Cikos | $23 → $30 | Maintains | Buy | Get Alert |
FAQ
What is the target price for Confluent (CFLT)?
The latest price target for Confluent (NASDAQ: CFLT) was reported by Mizuho on April 15, 2024. The analyst firm set a price target for $36.00 expecting CFLT to rise to within 12 months (a possible 26.18% upside). 66 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 Mizuho, and Confluent maintained their buy rating.
When was the last upgrade for Confluent (CFLT)?
The last upgrade for Confluent Inc happened on November 8, 2023 when Capital One raised their price target to $27. Capital One previously had an equal-weight 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 April 15, 2024 so you should expect the next rating to be made available sometime around April 15, 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 $38.00 to $36.00. The current price Confluent (CFLT) is trading at is $28.53, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.