Confluent, Inc. (CFLT) Social Stream
Confluent Inc (CFLT) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering Confluent Inc.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-08 | 13 | $100 | $45 | $72.666 | $44.31 | 63.99% |
| 2021-11-22 | 13 | $100 | $45 | $76.416 | $44.31 | 72.46% |
| 2021-12-09 | 14 | $100 | $45 | $76.416 | $44.31 | 72.46% |
| 2022-01-05 | 14 | $100 | $45 | $74.75 | $44.31 | 68.7% |
| 2022-01-11 | 14 | $100 | $46 | $77.666 | $44.31 | 75.28% |
| 2022-01-26 | 14 | $100 | $46 | $77.083 | $44.31 | 73.96% |
| 2022-02-11 | 14 | $100 | $46 | $75.5 | $44.31 | 70.39% |
| 2022-02-14 | 14 | $100 | $46 | $73.75 | $44.31 | 66.44% |
The Trend in the Analyst Price Target
Over the past 84 days, CFLT's average price target has gone down $1.33.
CFLT reports an average of 5.21% for its upside potential over the past 28 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-08-05 | 11 | 50 | 37 | 44.900 | 40.25 | 11.55% |
| 2021-09-13 | 13 | 73 | 42 | 50.830 | 65.15 | -21.98% |
| 2022-01-05 | 14 | 100 | 45 | 74.750 | 60.80 | 22.94% |
| 2022-02-01 | 14 | 100 | 46 | 75.500 | 68.55 | 10.14% |
| 2022-02-14 | 14 | 100 | 46 | 75.083 | 54.31 | 38.25% |
CFLT Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2 | 7 | 0 | 7 | 0 | 0 | 14 |
The Trend in the Broker Recommendations
CFLT's average broker recommendation rating improved by 0.14 over the prior 92 days.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- In terms of how Confluent Inc fares relative to all US stocks, note that its variance in analysts' estimates is lower than -732.57% of that group.
- In the context of all US stocks, Confluent Inc's number of analysts covering the stock is greater than 829.2% of them.
- In terms of how Confluent Inc fares relative to stocks in the large market cap category, note that its upside potential (average analyst target price relative to current price) is greater than 861.54% of that group.
- In terms of how Confluent Inc fares relative to stocks in the large market cap category, note that its average analyst price target is higher than 412.71% of that group.
In terms of price targets and recommendations offered by analysts, the stocks in the Business Services industry with the ratings most similar to Confluent Inc are CDNS, CDAY, and BSY.
Is CFLT a Buy, Hold or Sell? See the POWR Ratings now!