Confluent Inc (CFLT) concluded trading on Wednesday at a closing price of $21.51, with 4.72 million shares of worth about $101.53 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -3.80% during that period and on April 16, 2025 the price saw a loss of about -0.65%. Currently the company’s common shares owned by public are about 271.79M shares, out of which, 257.45M shares are available for trading.
Stock saw a price change of -5.91% in past 5 days and over the past one month there was a price change of -18.40%. Year-to-date (YTD), CFLT shares are showing a performance of -23.07% which decreased to -24.29% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $17.79 but also hit the highest price of $37.90 during that period. The average intraday trading volume for Confluent Inc shares is 6.22 million. The stock is currently trading -7.68% below its 20-day simple moving average (SMA20), while that difference is down -21.44% for SMA50 and it goes to -16.39% lower than SMA200.
Confluent Inc (NASDAQ: CFLT) currently have 271.79M outstanding shares and institutions hold larger chunk of about 69.42% of that.
The stock has a current market capitalization of $7.18B and its 3Y-monthly beta is at 1.04. It has posted earnings per share of -$1.07 in the same period. It has Quick Ratio of 3.91 while making debt-to-equity ratio of 1.15. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CFLT, volatility over the week remained 5.13% while standing at 6.72% over the month.
Stock’s fiscal year EPS is expected to rise by 22.77% while it is estimated to increase by 38.95% in next year. EPS is likely to grow at an annualized rate of 36.19% for next 5-years, compared to annual growth of -23.27% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Raymond James on April 11, 2025 offering an Outperform rating for the stock and assigned a target price of $30 to it. Coverage by UBS stated Confluent Inc (CFLT) stock as a Buy in their note to investors on February 26, 2025, suggesting a price target of $38 for the stock. On January 16, 2025, Morgan Stanley Downgrade their recommendations, while on September 04, 2024, Robert W. Baird Initiated their ratings for the stock with a price target of $23. Stock get an Overweight rating from JP Morgan on August 09, 2024.
