On July 18, 2025, Confluent (CFLT, Financial) saw a new development in its stock coverage as Stephens & Co., under the guidance of analyst Brett Huff, initiated coverage on the company. This move is significant for investors keeping an eye on CFLT.
The analyst from Stephens & Co. has assigned an "Overweight" rating to Confluent, setting the price target at USD 31.00. This announcement indicates a positive outlook on the company's potential performance in the stock market.
This initiation of coverage and the set price target of USD 31.00 by Stephens & Co. positions Confluent in a favorable light for potential investors, emphasizing confidence in the company's future performance.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 30 analysts, the average target price for Confluent Inc (CFLT, Financial) is $28.92 with a high estimate of $40.00 and a low estimate of $22.00. The average target implies an upside of 13.72% from the current price of $25.43. More detailed estimate data can be found on the Confluent Inc (CFLT) Forecast page.
Based on the consensus recommendation from 32 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 $41.81, suggesting a upside of 64.41% from the current price of $25.43. 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.
