Confluent (CFLT)
(Real Time Quote from BATS)
$31.96 USD
-0.27 (-0.84%)
Updated May 20, 2024 03:28 PM ET
3-Hold of 5 3
F Value D Growth D Momentum F VGM
Confluent (CFLT) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$34.15 | $40.00 | $21.00 | 5.96% |
Price Target
Based on short-term price targets offered by 27 analysts, the average price target for Confluent comes to $34.15. The forecasts range from a low of $21.00 to a high of $40.00. The average price target represents an increase of 5.96% from the last closing price of $32.23.
Analyst Price Targets (27)
Broker Rating
Confluent currently has an average brokerage recommendation (ABR) of 1.66 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 29 brokerage firms. The current ABR compares to an ABR of 1.75 a month ago based on 28 recommendations.
Of the 29 recommendations deriving the current ABR, 19 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 65.52% and 6.9% of all recommendations. A month ago, Strong Buy made up 60.71%, while Buy represented 7.14%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 19 | 18 | 17 | 17 | 17 |
Buy | 2 | 2 | 2 | 2 | 2 |
Hold | 7 | 7 | 8 | 8 | 8 |
Sell | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.66 | 1.68 | 1.75 | 1.75 | 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 |
---|---|---|---|---|
5/8/2024 | Guggenheim Securities | Howard Ma | Strong Buy | Strong Buy |
5/8/2024 | Canaccord Genuity | Kingsley W Crane | Hold | Strong Buy |
5/8/2024 | Loop Capital Markets | Yun Kim | Hold | Hold |
5/8/2024 | JMP Securities | Patrick D Walravens | Strong Buy | 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 |
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 |
3/22/2024 | Needham & Company | Michael J Cikos | Moderate Buy | Moderate Buy |
2/8/2024 | Scotiabank | Nicholas W Altmann | Hold | Hold |
1/2/2024 | KeyBanc Capital Markets | Eric Heath | Not Available | Hold |
11/8/2023 | Capital One Securities | Connor Murphy | 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 | 1.66 |
ABR (Last week) | 1.68 |
# of Recs in ABR | 29 |
Average Target Price | $34.15 |
LT Growth Rate | NA |
Industry | Technology Services |
Industry Rank by ABR | 56 of 252 |
Current Quarter EPS Est: | 0.05 |