Is Confluent Inc (CFLT) Stock a Smart Investment Friday?

Confluent Inc ( CFLT ) stock is down -21.10% since Thursday, June 24, 2021 when Confluent Inc began trading, and the average rating from Wall Street analysts is a Buy. InvestorsObserver’s proprietary ranking system, gives CFLT stock a score of 68 out of a possible 100. That rank is mainly influenced by a fundamental score of 93. In addition to the average rating from Wall Street analysts, CFLT stock has a mean target price of $73.75. This means analysts expect the stock to add 107.63% over the next 12 months. CFLT's rank also includes a short-term technical score of 84. The long-term technical score for CFLT is 28. CFLT has an Overall Score of 68. Find out what this means to you and get the rest of the rankings on CFLT! See Full CFLT Report What's Happening with CFLT Stock Today Confluent Inc (CFLT) stock is down -0.88% while the S&P 500 is down -1.2% as of 10:45 AM on Friday, Apr 22. CFLT is down -$0.32 from the previous closing price of $35.83 on volume of 421,660 shares. Over the past year the S&P 500 has gained 1.74% while CFLT is down -21.10%. CFLT lost -$1.82 per share in the over the last 12 months. Click Here to get the full Stock Report for Confluent Inc stock.