18 Analysts Have This to Say About Confluent
Portfolio Pulse from Benzinga Insights
18 analysts have provided ratings for Confluent (NASDAQ:CFLT) in the last quarter, with an average price target of $28.89, implying an upside from the current price of $18.135. This represents a 28.67% decrease from the previous average price target of $40.50. The ratings include 6 bullish, 8 somewhat bullish, 3 indifferent, and 1 somewhat bearish.
November 08, 2023 | 5:00 pm
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POSITIVE IMPACT
Analysts' average price target for Confluent (NASDAQ:CFLT) implies an upside from the current price, despite a decrease from the previous target.
The average price target set by analysts suggests a potential upside for Confluent's stock. However, the decrease in the average price target could indicate a less optimistic outlook compared to previous expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100