On May 12, 2025, Citigroup analyst Tyler Radke maintained a "Neutral" rating on Confluent (CFLT, Financial) while adjusting the stock's price target. The price target has been lowered from $37.00 USD to $25.00 USD. This represents a decrease of 32.43% from the prior target.
The decision to maintain the current rating of "Neutral" indicates that the analyst does not foresee a significant positive or negative movement in the stock's performance at this time. Confluent (CFLT, Financial) continues to be monitored closely by market participants following this update from Citigroup.
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 $29.57 with a high estimate of $40.00 and a low estimate of $22.00. The average target implies an upside of 33.39% from the current price of $22.17. 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 $40.86, suggesting a upside of 84.3% from the current price of $22.17. 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.
