In recent trading session, Confluent Inc (NASDAQ:CFLT) saw 1.15 million shares changing hands at last check today with its beta currently measuring 1.00. Company’s recent per share price level of $25.22 trading at -$0.21 or -0.83% at last check today assigns it a market valuation of $8.58B. That most recent trading price of CFLT’s stock is at a discount of -50.28% from its 52-week high price of $37.90 and is indicating a premium of 29.46% 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 4.97 million shares which gives us an average trading volume of 5.89 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 1.58. 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
Confluent Inc’s shares saw a change of -3.37% in year-to-date performance and have moved 4.39% in past 5-day. Confluent Inc (NASDAQ:CFLT) showed a performance of 5.13% in past 30-days. Number of shares sold short was 18.69 million shares which calculate 3.55 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 30 to the stock, which implies a rise of 15.93% to its recent value today. Analysts have been projecting 21 as a low price target for the stock while placing it at a high target of 42. It follows that stock’s current price would jump 16.73% in reaching the projected high whereas dropping to the targeted low would mean a gain of 16.73% for stock’s current value.
Confluent Inc (CFLT) estimates and forecasts
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 25.80% while estimates for its earnings growth in next 5 years are of 32.14%.
Confluent Inc (NASDAQ:CFLT)’s Major holders
Insiders are in possession of 3.61% of company’s total shares while institution are holding 95.62 percent of that, with stock having share float percentage of 99.20%. Investors also watch the number of corporate investors in a company very closely, which is 95.62% 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 Mar 31, 2025 , the former fund manager was holding 7.76 shares of worth $194.74 million or 2.71% of the total outstanding shares. The later fund manager was in possession of 6.13 shares on Mar 31, 2025 , making its stake of worth around $153.83 million in the company or a holder of 2.14% of company’s stock.
