Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Confluent Inc (NASDAQ: CFLT) was $22.72 for the day, down -3.32% from the previous closing price of $23.50. In other words, the price has decreased by -$3.32 from its previous closing price. On the day, 7.27 million shares were traded.
Ratios:
Our analysis of CFLT’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.04 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 945.43. For the most recent quarter (mrq), Quick Ratio is recorded 4.33 and its Current Ratio is at 4.33. In the meantime, Its Debt-to-Equity ratio is 1.08 whereas as Long-Term Debt/Eq ratio is at 1.07.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Raymond James on April 11, 2025, initiated with a Outperform rating and assigned the stock a target price of $30.
On February 26, 2025, UBS Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $34 to $38.
Morgan Stanley Downgraded its Overweight to Equal-Weight on January 16, 2025, whereas the target price for the stock was revised from $33 to $30.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 02 ’25 when Narkhede Neha sold 60,000 shares for $19.96 per share. The transaction valued at 1,197,600 led to the insider holds 20,247 shares of the business.
NEHA NARKHEDE bought 60,000 shares of CFLT for $1,166,400 on May 02 ’25. On Mar 20 ’25, another insider, Phan Kong, who serves as the Chief Accounting Officer of the company, sold 3,175 shares for $26.86 each. As a result, the insider received 85,280 and left with 246,516 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 7.60 while its Price-to-Book (P/B) ratio in mrq is 7.53.
Stock Price History:
Over the past 52 weeks, CFLT has reached a high of $37.90, while it has fallen to a 52-week low of $17.79. The 50-Day Moving Average of the stock is -2.57%, while the 200-Day Moving Average is calculated to be -10.10%.
Shares Statistics:
A total of 285.23M shares are outstanding, with a floating share count of 268.88M. Insiders hold about 21.01% of the company’s shares, while institutions hold 71.33% stake in the company.
