On May 1, 2025, Oppenheimer analyst Ittai Kidron issued a report on Confluent (CFLT, Financial), maintaining an "Outperform" rating for the company. However, the analyst lowered the price target from $35.00 to $32.00. This adjustment represents an 8.57% decrease in the target price.
Despite the reduction in price target, Confluent (CFLT, Financial) continues to hold a favorable "Outperform" rating from Oppenheimer, suggesting that the stock is expected to perform better than the broader market or peer group over the long term.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 31 analysts, the average target price for Confluent Inc (CFLT, Financial) is $30.83 with a high estimate of $40.00 and a low estimate of $22.00. The average target implies an upside of 53.54% from the current price of $20.08. More detailed estimate data can be found on the Confluent Inc (CFLT) Forecast page.
Based on the consensus recommendation from 34 brokerage firms, Confluent Inc's (CFLT, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Confluent Inc (CFLT, Financial) in one year is $44.10, suggesting a upside of 119.62% from the current price of $20.08. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Confluent Inc (CFLT) Summary page.
