Confluent Inc (NASDAQ: CFLT) is -14.20% lower on its value in year-to-date trading and has touched a low of $17.79 and a high of $37.90 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CFLT stock was last observed hovering at around $23.67 in the last trading session, with the day’s gains setting it 0.32%.
Currently trading at $23.99, the stock is 3.15% and 7.51% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.79 million and changing 1.35% at the moment leaves the stock -5.93% off its SMA200. CFLT registered -13.86% loss for a year compared to 6-month loss of -23.40%.
The stock witnessed a 6.43% gain in the last 1 month and extending the period to 3 months gives it a -8.99%, and is -0.46% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.12% over the week and 1.90% over the month.
Confluent Inc (CFLT) has around 3060 employees, a market worth around $8.17B and $1.02B in sales. Fwd P/E is 50.42. Profit margin for the company is -31.42%. Distance from 52-week low is 34.85% and -36.70% from its 52-week high. The company has generated returns on investments over the last 12 months (-15.04%).
with sales reaching $278.32M over the same period.The EPS is expected to grow by 25.73% this year, but quarterly earnings will post 19.18% year-over-year. Quarterly sales are estimated to grow 18.44% in year-over-year returns.
Confluent Inc (CFLT) Top Institutional Holders
The shares outstanding are 285.23M, and float is at 269.23M with Short Float at 7.11%.
The top institutional shareholder in the company is BLACKROCK INC. with over 31.11 million shares valued at $918.67 million. The investor’s holdings represent 9.7395% of the CFLT Shares outstanding. As of 2024-06-30, the second largest holder is JPMORGAN CHASE & CO with 23.51 million shares valued at $694.19 million to account for 7.3597 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 22.07 million shares representing 6.9102% and valued at over $651.79 million, while PRICE T ROWE ASSOCIATES INC /MD/ holds 5.3077 of the shares totaling 16.95 million with a market value of $500.64 million.
Confluent Inc (CFLT) Insider Activity
The most recent transaction is an insider sale by Caimi Lara, the company’s Director. SEC filings show that Caimi Lara sold 2,864 shares of the company’s common stock on Jun 11 ’25 at a price of $24.10 per share for a total of $69022.0. Following the sale, the insider now owns 4296.0 shares.
Still, SEC filings show that on Jun 05 ’25, Vishria Eric (Director) disposed off 15,476 shares at an average price of $25.00 for $0.39 million. The insider now directly holds 1,154,400 shares of Confluent Inc (CFLT).
