The price of Confluent Inc (NASDAQ:CFLT) shares last traded on Wall Street fell -4.15% to $24.5.
CFLT stock price is now 5.53% away from the 50-day moving average and -5.19% away from the 200-day moving average. The market capitalization of the company currently stands at $8.34B.
With the price target of $30, Raymond James recently initiated with Outperform rating for Confluent Inc (NASDAQ: CFLT). On February 26, 2025, UBS Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock increasing its target price from $34 to quote $38, while ‘Morgan Stanley’ rates the stock as ‘Equal-Weight’
In other news, MELANIE VINSON, Officer bought 242,501 shares of the company’s stock on Jul 02 ’25. The stock was bought for $6,227,426 at an average price of $25.68. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 20 ’25, Chief Accounting Officer Phan Kong sold 3,575 shares of the business’s stock. A total of $83,970 was realized by selling the stock at an average price of $23.49. This leaves the insider owning 239,742 shares of the company worth $5.87 million. A total of 20.87% of the company’s stock is owned by insiders.
During the past 12 months, Confluent Inc has had a low of $17.79 and a high of $37.90. As of last week, the company has a debt-to-equity ratio of 1.08, a current ratio of 4.33, and a quick ratio of 4.33. The fifty day moving average price for CFLT is $23.2153 and a two-hundred day moving average price translates $25.84095 for the stock.
The latest earnings results from Confluent Inc (NASDAQ: CFLT) was released for 2025-03-31. The net profit margin was -31.42% and return on equity was -34.18% for CFLT. The company reported revenue of $271.12 million for the quarter, compared to $217.24 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 24.8 percent.
