Confluent (CFLT)
(Delayed Data from NSDQ)
$28.58 USD
-0.51 (-1.75%)
Updated Jul 3, 2024 01:00 PM ET
After-Market: $28.57 -0.01 (-0.03%) 7:58 PM ET
3-Hold of 5 3
F Value D Growth F Momentum F VGM
Confluent (CFLT) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$34.00 | $40.00 | $21.00 | 16.88% |
Price Target
Based on short-term price targets offered by 28 analysts, the average price target for Confluent comes to $34.00. The forecasts range from a low of $21.00 to a high of $40.00. The average price target represents an increase of 16.88% from the last closing price of $29.09.
Analyst Price Targets (28)
Broker Rating
Confluent currently has an average brokerage recommendation (ABR) of 1.63 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 30 brokerage firms. The current ABR compares to an ABR of 1.66 a month ago based on 29 recommendations.
Of the 30 recommendations deriving the current ABR, 20 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 66.67% and 6.67% of all recommendations. A month ago, Strong Buy made up 65.52%, while Buy represented 6.9%.
Broker Rating Breakdown
![Broker Rating Visualization](https://widget3.zacks.com/images/charts/bar/brokerage/bar/CFLT.png)
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 20 | 20 | 19 | 18 | 17 |
Buy | 2 | 2 | 2 | 2 | 2 |
Hold | 7 | 7 | 7 | 7 | 8 |
Sell | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.63 | 1.63 | 1.66 | 1.68 | 1.75 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
6/11/2024 | Evercore Partners | Chirag Ved | Not Available | Strong Buy |
5/17/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
5/9/2024 | Goldman Sachs | Kasthuri G Rangan | Hold | Hold |
5/8/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
5/8/2024 | Not Identified | Not Identified | Moderate Buy | Moderate Buy |
5/8/2024 | Loop Capital Markets | Yun Kim | Hold | Hold |
5/8/2024 | Guggenheim Securities | Howard Ma | Strong Buy | Strong Buy |
5/8/2024 | Wells Fargo Securities | Michael J Turrin | Strong Buy | Strong Buy |
5/8/2024 | JMP Securities | Patrick D Walravens | Strong Buy | Strong Buy |
5/8/2024 | Canaccord Genuity | Kingsley W Crane | Hold | Strong Buy |
5/7/2024 | Piper Sandler | Rob D Owens | Strong Buy | Strong Buy |
5/7/2024 | William Blair | Jason N Ader | Strong Buy | Strong Buy |
5/3/2024 | Not Identified | Not Identified | Hold | Hold |
4/24/2024 | Truist Securities | Miller W Jump | Strong Buy | Strong Buy |
4/15/2024 | Mizuho SecuritiesUSA | Gregg Moskowitz | Strong Buy | Strong Buy |
4/1/2024 | D.A. Davidson | Rudy Kessinger | Strong Buy | Strong Buy |
4/1/2024 | Cowen & Co. | Derrick Wood | Strong Buy | Strong Buy |
3/22/2024 | Needham & Company | Michael J Cikos | Moderate Buy | Moderate Buy |
2/21/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
2/8/2024 | Scotiabank | Nicholas W Altmann | Hold | Hold |
2/5/2024 | UBS | Karl E Keirstead | Hold | Hold |
1/2/2024 | KeyBanc Capital Markets | Eric Heath | Not Available | Hold |
11/28/2023 | Not Identified | Not Identified | Not Available | Strong Buy |
11/8/2023 | Capital One Securities | Connor Murphy | Hold | Strong Buy |
11/3/2023 | Not Identified | Not Identified | Hold | Strong Buy |
11/2/2023 | FBN Securities | Shebly Seyrafi | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.63 |
ABR (Last week) | 1.63 |
# of Recs in ABR | 30 |
Average Target Price | $34.00 |
LT Growth Rate | NA |
Industry | Technology Services |
Industry Rank by ABR | 67 of 252 |
Current Quarter EPS Est: | 0.05 |