Confluent Inc (NASDAQ:CFLT)’s traded shares stood at 1.37 million during the latest session, with the company’s beta value hitting 0.99. At the last check today, the stock’s price was $26.42, to imply an increase of 3.20% or $0.82 in intraday trading. The CFLT share’s 52-week high remains $37.90, putting it -43.45% down since that peak but still an impressive 32.66% since price per share fell to its 52-week low of $17.79. The company has a valuation of $8.99B, with an average of 5.91 million shares in intraday trading volume over the past 10 days and average of 6.03 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Confluent Inc (CFLT), translating to a mean rating of 1.62. Of 11 analyst(s) looking at the stock, 0 analyst(s) give CFLT a Sell rating. 0 of those analysts rate the stock as Overweight while 3 advise Hold as 8 recommend it as a Buy.
Confluent Inc (NASDAQ:CFLT) trade information
After registering a 3.20% upside in the latest session, Confluent Inc (CFLT) has traded red over the past five days. The 5-day price performance for the stock is 6.32%, and 12.86% over 30 days. With these gigs, the year-to-date price performance is -7.43%. Short interest in Confluent Inc (NASDAQ:CFLT) saw shorts transact 18.69 million shares and set a 3.55 days time to cover.
The extremes give us $21 and $42 for target low and target high price respectively. As such, CFLT has been trading -58.97% off suggested target high and 20.51% from its likely low.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -23.27% for the past 5-year period. While 2025 is set for a 25.73% return in earnings, projections for the next 5 years are at 31.92% annually.
CFLT Dividends
Confluent Inc has its next earnings report out on 2025-Apr-30. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Confluent Inc (NASDAQ:CFLT)’s Major holders
Confluent Inc insiders hold 3.61% of total outstanding shares, with institutional holders owning 95.62% of the shares at 99.20% float percentage. In total, 95.62% institutions holds shares in the company, led by BLACKROCK INC.. As of 2024-06-30, the company held over 31.11 million shares (or 9.7395% of shares), all amounting to roughly $918.67 million.
The next major institution holding the largest number of shares is JPMORGAN CHASE & CO with 23.51 million shares, or about 7.3597% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $694.19 million.
We also have VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund as the top two Mutual Funds with the largest holdings of the Confluent Inc (CFLT) shares. Going by data provided on Mar 31, 2025 , VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund holds roughly 7.76 shares. This is just over 2.71% of the total shares, with a market valuation of $205.1 million. Data from the same date shows that the other fund manager holds a little less at 6.13, or 2.14% of the shares, all valued at about 162.01 million.
