Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026
Last 12 months price action with 12-month analyst target path
As of February 28, 2026, Confluent, Inc. (CFLT) has a Wall Street consensus price target of $29.68, based on estimates from 38 covering analysts. With the stock currently trading at $30.67, this represents a potential downside of -3.2%. The company has a market capitalization of $1.50B.
Analyst price targets range from a low of $24.00 to a high of $32.00, representing a 27% spread in expectations. The median target of $31.00 aligns closely with the consensus average.
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 -35.7x and forward P/E of 61.5x. Analysts expect EPS to grow +159.4% over the next year.
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Start ComparisonWall Street's consensus price target for CFLT is $29.68, -3.2% from its current price of $30.67. The below-market target from 38 analysts suggests limited near-term appreciation.
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 $29.68 implies -3.2% downside from current levels.
At a forward P/E of 61.5122x, CFLT trades at a premium valuation. The consensus price target of $29.68 (-3.2% downside) suggests analysts may view current valuations as stretched.
The most bullish Wall Street analyst has a price target of $32 for CFLT, while the most conservative target is $24. The consensus of $29.68 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 $29.68, with estimates ranging from $24 (bear case) to $32 (bull case). The median consensus rating is "Hold".
CFLT trades at a forward P/E ratio of 61.5x 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.
Analysts are cautious on CFLT, with 1 Sell ratings and a price target of $29.68 (-3.2% from current price). The "Hold" consensus suggests careful evaluation before buying. 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 $24 to $32, a 27% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $29.68 consensus represents the middle ground.