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MU   84.88 (-0.34%)
CGC   4.11 (-4.86%)
GE   139.07 (+0.41%)
DIS   110.54 (+11.50%)
AMC   4.09 (+3.81%)
PFE   27.56 (+0.00%)
PYPL   56.13 (-11.24%)
XOM   103.97 (+1.71%)
QQQ   432.79 (+0.19%)
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MSFT   414.11 (+0.01%)
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AMD   169.35 (-0.93%)
BABA   70.74 (-3.94%)
T   16.82 (-2.94%)
F   12.83 (+0.23%)
MU   84.88 (-0.34%)
CGC   4.11 (-4.86%)
GE   139.07 (+0.41%)
DIS   110.54 (+11.50%)
AMC   4.09 (+3.81%)
PFE   27.56 (+0.00%)
PYPL   56.13 (-11.24%)
XOM   103.97 (+1.71%)
QQQ   432.79 (+0.19%)
AAPL   188.32 (-0.58%)
MSFT   414.11 (+0.01%)
META   470.00 (+0.09%)
GOOGL   145.91 (+0.25%)
AMZN   169.84 (-0.40%)
TSLA   189.56 (+1.06%)
NVDA   696.41 (-0.65%)
NIO   5.82 (-0.68%)
AMD   169.35 (-0.93%)
BABA   70.74 (-3.94%)
T   16.82 (-2.94%)
F   12.83 (+0.23%)
MU   84.88 (-0.34%)
CGC   4.11 (-4.86%)
GE   139.07 (+0.41%)
DIS   110.54 (+11.50%)
AMC   4.09 (+3.81%)
PFE   27.56 (+0.00%)
PYPL   56.13 (-11.24%)
XOM   103.97 (+1.71%)

Confluent (CFLT) Stock Forecast & Price Target

$32.57
+8.28 (+34.09%)
(As of 02/8/2024 ET)
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Confluent Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Moderate Buy
Based on 25 Analyst Ratings

Analysts' Consensus Price Target

$30.42
-6.59% Downside
High Forecast$42.00
Average Forecast$30.42
Low Forecast$21.00
TypeCurrent Forecast
2/8/23 to 2/8/24		1 Month Ago
1/9/23 to 1/9/24		3 Months Ago
11/10/22 to 11/10/23		1 Year Ago
2/8/22 to 2/8/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
16 Buy rating(s)
18 Buy rating(s)
18 Buy rating(s)
10 Buy rating(s)
Hold
8 Hold rating(s)
5 Hold rating(s)
6 Hold rating(s)
6 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$30.42$30.27$29.50$31.78
Predicted Upside-6.59% Downside35.42% Upside34.42% Upside38.41% Upside
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CFLT Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CFLT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Confluent Stock vs. The Competition

TypeConfluentBusiness Services CompaniesS&P 500
Consensus Rating Score
2.60
2.61
2.48
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside-6.59% Downside816.23% Upside8.84% Upside
News Sentiment RatingPositive News
Neutral News
Positive News

Recent Analyst Ratings and Stock Forecasts

Export to Excel
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
2/8/2024JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetNeutral ➝ Neutral$23.00 ➝ $27.00-17.13%
2/8/2024JMP Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetMarket Outperform ➝ Market Outperform$25.00 ➝ $38.00+16.92%
2/8/2024Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetOverweight ➝ Overweight$26.00 ➝ $33.00+1.54%
2/8/2024Scotiabank
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetSector Perform ➝ Sector Perform$22.00 ➝ $28.00-13.85%
2/8/2024Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetOutperform ➝ Outperform$30.00 ➝ $35.00+10.97%
2/8/2024Mizuho
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetBuy ➝ Buy$29.00 ➝ $34.00+7.80%
2/8/2024The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetNeutral ➝ Neutral$24.00 ➝ $27.00-14.39%
2/8/2024Needham & Company LLC
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetBuy ➝ Buy$30.00 ➝ $35.00+44.09%
2/8/2024Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetOverweight ➝ Overweight$30.00 ➝ $36.00+48.21%
2/5/2024UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetNeutral ➝ Neutral$21.00 ➝ $26.00+10.73%
1/30/2024Loop Capital
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Initiated CoverageHold$23.00-3.08%
11/28/2023Sanford C. Bernstein
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Initiated CoverageOutperform$34.00+81.72%
11/8/2023Capital One Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 UpgradeEqual Weight ➝ Overweight$27.00+49.67%
11/3/2023Truist Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetBuy ➝ Buy$42.00 ➝ $27.00+65.85%
11/3/2023Wolfe Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 UpgradePeer Perform ➝ Outperform$21.00+28.99%
11/3/2023Guggenheim
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 UpgradeNeutral ➝ Buy$23.00+41.28%
11/2/2023Canaccord Genuity Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingBuy ➝ Hold$26.00+59.71%
11/2/2023Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetOverweight ➝ Overweight$40.00 ➝ $27.00+65.85%
11/2/2023Piper Sandler
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetOverweight ➝ Overweight$40.00 ➝ $30.00+84.28%
11/2/2023Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 DowngradeNeutral ➝ Underperform$38.00 ➝ $24.00-14.68%
9/28/2023William Blair
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingOutperform
8/2/2023Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetNeutral ➝ Neutral$36.00 ➝ $37.00+19.28%
6/21/2023DA Davidson
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost Target$32.00 ➝ $42.00+24.56%
6/15/2023Deutsche Bank Aktiengesellschaft
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost Target$27.00 ➝ $38.00+12.13%
5/4/2023VNET Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingMaintains
3/6/2023Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingOutperform$31.00+19.88%
2/13/2023Moffett Nathanson
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Initiated CoverageOutperform$36.00+42.86%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 07:15 PM ET.












CFLT Price Target - Frequently Asked Questions

What is Confluent's consensus rating and price target?

According to the issued ratings of 25 analysts in the last year, the consensus rating for Confluent stock is Moderate Buy based on the current 1 sell rating, 8 hold ratings and 16 buy ratings for CFLT. The average twelve-month price prediction for Confluent is $30.42 with a high price target of $42.00 and a low price target of $21.00. Learn more on CFLT's analyst rating history.

Do Wall Street analysts like Confluent more than its competitors?

Analysts like Confluent less than other Business Services companies. The consensus rating score for Confluent is 2.60 while the average consensus rating score for business services companies is 2.61. Learn more on how CFLT compares to other companies.

Does Confluent's stock price have much upside?

According to analysts, Confluent's stock has a predicted upside of 21.29% based on their 12-month stock forecasts.

What analysts cover Confluent?

Confluent has been rated by Barclays, JMP Securities, JPMorgan Chase & Co., Loop Capital, Mizuho, Needham & Company LLC, Royal Bank of Canada, Sanford C. Bernstein, Scotiabank, The Goldman Sachs Group, UBS Group, and Wells Fargo & Company in the past 90 days.


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This page (NASDAQ:CFLT) was last updated on 2/8/2024 by MarketBeat.com Staff

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