Confluent Inc [CFLT] stock is trading at $31.69, up 2.92%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CFLT shares have lost -2.61% over the last week, with a monthly amount glided 1.70%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Confluent Inc [NASDAQ: CFLT] stock has seen the most recent analyst activity on February 26, 2025, when UBS upgraded its rating to a Buy and also boosted its price target to $38 from $34. Previously, Morgan Stanley downgraded its rating to Equal-Weight on January 16, 2025, and dropped its price target to $30. On September 04, 2024, Robert W. Baird initiated with a Neutral rating and assigned a price target of $23 on the stock. JP Morgan upgraded its rating to a Overweight but stick to its price target of $25 on August 09, 2024. Evercore ISI initiated its recommendation with a Outperform and recommended $35 as its price target on June 11, 2024. Oppenheimer started tracking with a Outperform rating for this stock on May 17, 2024, and assigned it a price target of $37. In a note dated May 08, 2024, Canaccord Genuity upgraded an Buy rating on this stock but restated the target price of $35.
Confluent Inc [CFLT] stock has fluctuated between $17.79 and $37.90 over the past year. Currently, Wall Street analysts expect the stock to reach $29.44 within the next 12 months. Confluent Inc [NASDAQ: CFLT] shares were valued at $31.69 at the most recent close of the market. An investor can expect a potential drop of -7.1% based on the average CFLT price forecast.
Analyzing the CFLT fundamentals
Confluent Inc [NASDAQ:CFLT] reported sales of 963.64M for the trailing twelve months, which represents a growth of 22.53%. Gross Profit Margin for this corporation currently stands at 0.73% with Operating Profit Margin at -0.43%, Pretax Profit Margin comes in at -0.35%, and Net Profit Margin reading is -0.36%. To continue investigating profitability, this company’s Return on Assets is posted at -0.13, Equity is -0.38 and Total Capital is -0.2. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.15.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 30.85 points at the first support level, and at 30.00 for the second support level. However, for the 1st resistance point, the stock is sitting at 32.77, and for the 2nd resistance point, it is at 33.84.
Ratios To Look Out For
For context, Confluent Inc’s Current Ratio is 3.91. Further, the Quick Ratio stands at 3.91, while the Cash Ratio is 0.67. Considering the valuation of this stock, the price to sales ratio is 10.98, the price to book ratio is 10.97.
Transactions by insiders
Recent insider trading involved Chadwick Jonathan, Director, that happened on Feb 25 ’25 when 34375.0 shares were sold. Officer, KONG PHAN completed a deal on Feb 26 ’25 to buy 760.0 shares. Meanwhile, PRESIDENT, FIELD OPERATIONS Schultz Erica sold 0.13 million shares on Feb 21 ’25.
