Confluent Inc (NASDAQ:CFLT) price on current trading day, fall -1.74% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $23.99.
A look at the stock’s price movement, the level at last check in today’s session was $24.41, moving within a range at $23.85 and $24.48. The beta value (5-Year monthly) was 0.979. Turning to its 52-week performance, $37.90 and $17.79 were the 52-week high and 52-week low respectively. Overall, CFLT moved 2.06% over the past month.
Confluent Inc’s market cap currently stands at around $8.16 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Apr-29.
11 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 3 analyst(s) rate the stock as a Hold, 8 recommend CFLT as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
CFLT’s current price about 3.77% and 8.06% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 57.30, while 7-day volatility ratio is 1.03% and 2.06% in the 30-day chart. Further, Confluent Inc (CFLT) has a beta value of 0.99, and an average true range (ATR) of 0.94. Analysts have given the company’s stock an average 52-week price target of $36.5, forecast between a low of $36 and high of $37. Looking at the price targets, the low is -50.06% off recent price level in today’s trading while to achieve the yearly target high, it has to move -54.23%. Nonetheless, investors will most likely welcome a -52.15% jump to $36.5 which is the analysts’ median price.
If we refocus on Confluent Inc (NASDAQ:CFLT), historical trading data shows that trading volumes averaged 4.85 over the past 10 days and 5.74 million over the past 3 months. The company’s latest data on shares outstanding shows there are 285.23 million shares.
The 20.89% of Confluent Inc’s shares are in the hands of company insiders while institutional holders own 75.13% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 19.14 million on 2025-05-30, giving us a short ratio of 2.52. The data shows that as of 2025-05-30 short interest in Confluent Inc (CFLT) stood at 675.0 of shares outstanding, with shares short rising to 17.65 million registered in 2025-04-30. Current price change has pushed the stock -14.22% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the CFLT stock continues to rise going into the next quarter.
