Confluent Inc (NASDAQ:CFLT) currently has a daily average trading volume of 6.20M but it saw 5581225 shares traded in last market. With a market cap of 7.17B USD, the company’s current market price of $21.05 came falling about -3.62 while comparing to the previous closing price of $21.84. In past 52 weeks, the stock remained buoying in the range of price level as high as $37.90 and as low as $17.79.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Raymond James which initiated the stock as “Outperform” in its note to investors issued on April 11, 2025, recommending a price target of $30 for it. UBS upgraded its recommendation for the stock as a “Buy” from “Neutral” on February 26, 2025 while assigning a price target range of $34-$38. Morgan Stanley issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $33 and $30.
Over the week, CFLT’s stock price is moving -10.43% down while it is 1.99% when we observe its performance for the past one month. Year-to-date it is -24.71% down and over the past year, the stock is showing a downside performance of -34.69%.
Currently, Confluent Inc’s total number of outstanding shares is 285.23M with 3.57% of that held by the insiders while 90.79% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -15.04% and return on equity (ROE) at -34.18%. It has a 44.24 of forward P/E ratio. Stock’s beta reads 0.96. Stock has a price to book (P/B) ratio of 6.97 while price to sale or P/S ratio amounts to 7.04. Its return on asset (ROA) is -12.44% on average.
