Confluent Inc [CFLT] stock prices are up 2.69% to $20.98 at the moment. 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 7.92% over the last week, with a monthly amount glided 6.61%, 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 April 11, 2025, when Raymond James initiated its Outperform rating and assigned the stock a price target of $30. Previously, UBS upgraded its rating to Buy on February 26, 2025, and elevated its price target to $38. On January 16, 2025, downgrade downgraded it’s rating to Equal-Weight and revised its price target to $30 on the stock. Robert W. Baird started tracking the stock assigning a Neutral rating and suggested a price target of $23 on September 04, 2024. JP Morgan upgraded its rating to a Overweight but $25 remained the price target by the analyst firm on August 09, 2024. Evercore ISI started tracking with a Outperform rating for this stock on June 11, 2024, and assigned it a price target of $35. In a note dated May 17, 2024, Oppenheimer initiated an Outperform rating and provided a target price of $37 on this stock.
The stock price of Confluent Inc [CFLT] has been fluctuating between $17.79 and $37.90 over the past year. Currently, Wall Street analysts expect the stock to reach $36.5 within the next 12 months. Confluent Inc [NASDAQ: CFLT] shares were valued at $20.98 at the most recent close of the market. An investor can expect a potential return of 73.98% based on the average CFLT price forecast.
Analyzing the CFLT fundamentals
The Confluent Inc [NASDAQ:CFLT] reported sales of 1.02B for trailing twelve months, representing a surge of 24.80%. Gross Profit Margin for this corporation currently stands at 0.74% with Operating Profit Margin at -0.4%, Pretax Profit Margin comes in at -0.32%, and Net Profit Margin reading is -0.31%. To continue investigating profitability, this company’s Return on Assets is posted at -0.12, Equity is -0.34 and Total Capital is -0.19. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.08.
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 20.63 points at the first support level, and at 20.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.27, and for the 2nd resistance point, it is at 21.57.
Ratios To Look Out For
It’s worth pointing out that Confluent Inc [NASDAQ:CFLT]’s Current Ratio is 4.33. Also, the Quick Ratio is 4.33, while the Cash Ratio stands at 0.53. Considering the valuation of this stock, the price to sales ratio is 7.02, the price to book ratio is 6.95.
Transactions by insiders
Recent insider trading involved Narkhede Neha, Director, that happened on May 02 ’25 when 60000.0 shares were sold. Director, NEHA NARKHEDE completed a deal on May 02 ’25 to buy 60000.0 shares. Meanwhile, Chief Accounting Officer Phan Kong sold 3175.0 shares on Mar 20 ’25.
