In recent trading session, Confluent Inc (NASDAQ:CFLT) saw 1.19 million shares changing hands at last check today with its beta currently measuring 0.99. Company’s recent per share price level of $22.25 trading at -$1.25 or -5.32% at last check today assigns it a market valuation of $7.57B. That most recent trading price of CFLT’s stock is at a discount of -70.34% from its 52-week high price of $37.90 and is indicating a premium of 20.04% from its 52-week low price of $17.79. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 9.73 million shares which gives us an average trading volume of 6.36 million if we extend that period to 3-months.
For Confluent Inc (CFLT), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.69. Splitting up the data highlights that, out of 11 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 8 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Confluent Inc (NASDAQ:CFLT) trade information
Upright in the red during last session for losing -5.32%, in the last five days CFLT remained trading in the green while hitting it’s week-highest on Wednesday, 05/14/25 when the stock touched $22.25 price level, adding 5.96% to its value on the day. Confluent Inc’s shares saw a change of -20.42% in year-to-date performance and have moved 6.05% in past 5-day. Confluent Inc (NASDAQ:CFLT) showed a performance of 2.77% in past 30-days. Number of shares sold short was 17.65 million shares which calculate 3.45 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 36.5 to the stock, which implies a rise of 39.04% to its recent value today. Analysts have been projecting 36 as a low price target for the stock while placing it at a high target of 37. It follows that stock’s current price would drop -61.8% in reaching the projected high whereas dropping to the targeted low would mean a loss of -61.8% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -23.27% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 25.73% while estimates for its earnings growth in next 5 years are of 31.96%.
Confluent Inc (NASDAQ:CFLT)’s Major holders
Insiders are in possession of 3.42% of company’s total shares while institution are holding 86.19 percent of that, with stock having share float percentage of 89.24%. Investors also watch the number of corporate investors in a company very closely, which is 86.19% institutions for Confluent Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at CFLT for having 31.11 million shares of worth $918.67 million. And as of 2024-06-30, it was holding 9.7395 of the company’s outstanding shares.
The second largest institutional holder is JPMORGAN CHASE & CO, which was holding about 23.51 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.3597 of outstanding shares, having a total worth of $694.19 million.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 6.9 shares of worth $154.39 million or 2.41% of the total outstanding shares. The later fund manager was in possession of 5.59 shares on Dec 31, 2024 , making its stake of worth around $125.05 million in the company or a holder of 1.95% of company’s stock.
