CFLT trades 0.0% below Wall Street's consensus target of $31.00.
Last 12 months price action with 12-month analyst target path
The base valuation assumes CFLT achieves its forward estimates and maintains a stable P/E multiple of 60.6x. This scenario reflects the blended consensus of 38 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of June 21, 2026, Confluent, Inc. (CFLT) has a Wall Street consensus price target of $31.00, based on estimates from 38 covering analysts. With the stock currently trading at $30.99, this represents a potential upside of +0.0%. The company has a market capitalization of $10.65B.
Analyst price targets range from a low of $31.00 to a high of $31.00, representing a 0% spread in expectations. The median target of $31.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Hold, with 18 analysts rating the stock as a Buy or Strong Buy,19 rating it Hold, and 1 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, CFLT trades at a trailing P/E of -36.0x and forward P/E of 60.6x. Analysts expect EPS to grow +160.9% over the next year.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
MQMarqeta, Inc. | $1.6B | $3.88 | $4.75 | +22.4% | Hold | 100.0x | 22 |
DDOGDatadog, Inc. | $79.4B | $223.00 | $231.21 | +3.7% | Buy | 91.9x | 48 |
DTDynatrace, Inc. | $12.1B | $41.42 | $46.41 | +12.0% | Buy | 21.3x | 34 |
ESTCElastic N.V. | $6.1B | $58.97 | $62.88 | +6.6% | Buy | 23.3x | 34 |
GTLBGitLab Inc. | $4.5B | $26.56 | $34.80 | +31.0% | Hold | 32.7x | 30 |
MDBMongoDB, Inc. | $26.8B | $332.75 | $408.92 | +22.9% | Buy | 54.4x | 44 |
FSLYFastly, Inc. | $2.8B | $17.90 | $23.43 | +30.9% | Hold | 55.0x | 17 |
RDDTReddit, Inc. | $33.5B | $174.73 | $222.41 | +27.3% | Buy | 35.4x | 28 |
TIGRUP Fintech Holding Ltd. Sponsored ADR Class A | $873M | $4.71 | $8.21 | +74.3% | Sell | 8.2x | 4 |
AIXIXiao-I Corporation | $3M | $6.26 | — | — | — | — | — |
Quick answers to the most common questions about buying CFLT stock.
The consensus price target for CFLT is $31, close to the current price of $30.99 (0.0% implied move). Based on 38 analyst estimates, the stock appears fairly valued near current levels.
CFLT has a consensus rating of "Hold" based on 38 Wall Street analysts. The rating breakdown is mixed, with 19 Hold ratings making up the largest segment. The consensus 12-month price target of $31 implies 0.0% upside from current levels.
At a forward P/E of 60.6339x, CFLT trades at a premium valuation. The consensus price target of $31 (0.0% upside) suggests analysts may view current valuations as stretched.
The most bullish Wall Street analyst has a price target of $31 for CFLT, while the most conservative target is $31. The consensus of $31 represents the median expectation. These targets typically reflect 12-month expectations.
CFLT is heavily covered by Wall Street, with 38 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 18 have Buy ratings, 19 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month CFLT stock forecast based on 38 Wall Street analysts shows a consensus price target of $31, with estimates ranging from $31 (bear case) to $31 (bull case). The median consensus rating is "Hold".
CFLT trades at a forward P/E ratio of 60.6x based on next-twelve-months earnings estimates. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
CFLT appears fairly valued according to analysts, with a "Hold" rating and minimal upside to the $31 target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
CFLT analyst price targets range from $31 to $31, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $31 consensus represents the middle ground.
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