A share price of Confluent Inc [CFLT] is currently trading at $27.20, up 3.19%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CFLT shares have gain 11.48% over the last week, with a monthly amount drifted -24.92%, and not 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 experienced fluctuations in its stock price throughout the past year between $17.79 and $37.90. Currently, Wall Street analysts expect the stock to reach $30.25 within the next 12 months. Confluent Inc [NASDAQ: CFLT] shares were valued at $27.20 at the most recent close of the market. An investor can expect a potential return of 11.21% based on the average CFLT price forecast.
Analyzing the CFLT fundamentals
Trailing Twelve Months sales for Confluent Inc [NASDAQ:CFLT] were 963.64M which represents 22.53% growth. 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 26.37 points at the first support level, and at 25.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.81, and for the 2nd resistance point, it is at 28.43.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Confluent Inc [NASDAQ:CFLT] is 3.91. Also, the Quick Ratio is 3.91, while the Cash Ratio stands at 0.67. Considering the valuation of this stock, the price to sales ratio is 9.43, the price to book ratio is 9.42.
Transactions by insiders
Recent insider trading involved Kreps Edward Jay, CHIEF EXECUTIVE OFFICER, that happened on Mar 06 ’25 when 0.23 million shares were sold. PRESIDENT, FIELD OPERATIONS, Schultz Erica completed a deal on Mar 04 ’25 to sell 63729.0 shares. Meanwhile, Director EDWARD JAY KREPS bought 0.47 million shares on Mar 06 ’25.
