Snowflake Inc. (NYSE:SNOW) Given Average Rating of "Moderate Buy" by Analysts

Key Points

• Analysts assign SNOW a consensus rating of Moderate Buy from 41 analysts (33 buy, 1 strong buy, 5 hold, 2 sell) with an average 12‑month price target of about $249.62, though several firms have recently trimmed targets while others raised them.
• Company insiders have been sizable net sellers recently — Director Frank Slootman sold 200,000 shares (~$41.35M) and insiders sold 543,572 shares (~$101.3M) over the last 90 days, while insiders still own roughly 6.8% of the stock.
• Snowflake beat the latest quarter (EPS $0.32 vs $0.27; revenue $1.28B, +30.1% YoY) but remains unprofitable with a negative net margin and ROE, and the stock trades around $151.89 (market cap ≈ $52.5B), well below consensus targets.

Shares of Snowflake Inc. (NYSE:SNOW - Get Free Report) have received a consensus rating of "Moderate Buy" from the forty-one analysts that are currently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, thirty-three have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $249.6216.

SNOW has been the subject of a number of analyst reports. Scotiabank reduced their price target on Snowflake from $290.00 to $205.00 and set a "sector outperform" rating for the company in a report on Thursday, February 26th. Argus raised Snowflake from a "hold" rating to a "buy" rating and set a $300.00 price objective on the stock in a report on Thursday, January 8th. Morgan Stanley cut their price objective on Snowflake from $270.00 to $245.00 and set an "overweight" rating for the company in a research report on Thursday, February 26th. Wells Fargo & Company reduced their target price on Snowflake from $290.00 to $210.00 and set an "overweight" rating for the company in a research note on Thursday, February 26th. Finally, Monness Crespi & Hardt lifted their price target on shares of Snowflake from $275.00 to $282.00 and gave the company a "buy" rating in a research note on Thursday, February 26th.

Insider Activity at Snowflake

In related news, Director Frank Slootman sold 200,000 shares of Snowflake stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $206.77, for a total value of $41,354,000.00. Following the sale, the director directly owned 50,329 shares in the company, valued at approximately $10,406,527.33. The trade was a 79.89% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Vivek Raghunathan sold 3,876 shares of the business's stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $152.80, for a total value of $592,252.80. Following the sale, the senior vice president owned 273,323 shares of the company's stock, valued at approximately $41,763,754.40. This trade represents a 1.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 543,572 shares of company stock valued at $101,311,456. 6.80% of the stock is owned by corporate insiders.

Institutional Trading of Snowflake

Large investors have recently made changes to their positions in the company. Sumitomo Mitsui Trust Group Inc. increased its holdings in shares of Snowflake by 1.1% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 732,092 shares of the company's stock valued at $165,123,000 after purchasing an additional 8,002 shares during the last quarter. Federated Hermes Inc. boosted its stake in Snowflake by 13.5% during the third quarter. Federated Hermes Inc. now owns 408,037 shares of the company's stock worth $92,047,000 after buying an additional 48,411 shares during the last quarter. William Blair Investment Management LLC acquired a new position in Snowflake during the third quarter worth $116,882,000. Penserra Capital Management LLC grew its holdings in Snowflake by 32.8% in the 3rd quarter. Penserra Capital Management LLC now owns 153,358 shares of the company's stock valued at $34,586,000 after buying an additional 37,911 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in shares of Snowflake by 3.1% in the 3rd quarter. Vanguard Group Inc. now owns 28,647,593 shares of the company's stock worth $6,461,465,000 after acquiring an additional 857,832 shares during the last quarter. 65.10% of the stock is currently owned by hedge funds and other institutional investors.

More Snowflake News

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Benchmark initiated coverage with a Buy and highlighted Snowflake as a top AI‑infrastructure pick, reinforcing the TAM and long‑term AI monetization narrative. Read More.
• Positive Sentiment: Seeking Alpha upgraded Snowflake to a "Speculative Buy," citing strong agentic AI monetization (125% NRR) and expanding multi‑year RPOs ($9.77B), which supports premium valuation expectations if execution continues. Read More.
• Positive Sentiment: Coverage and research pieces note AI workload expansion and Snowflake’s AI tooling are driving platform usage — a potential revenue accelerator if the company scales deployments and converts larger deals. Read More.
• Positive Sentiment: Management move: Snowflake promoted long‑time sales leader Jonathan Beaulier to Chief Revenue Officer, a signal that the company is prioritizing sales execution and go‑to‑market monetization. Read More.
• Neutral Sentiment: Some broker/press commentary (e.g., Mizuho, other analysts) says the CRO change and pullback make Snowflake more interesting but flags execution risk — mixed near‑term conviction despite positive catalysts. Read More.
• Neutral Sentiment: Analyst takes vary: several notes recommend watching the pullback but stop short of a clear buy for all investors, leaving market reaction dependent on upcoming execution signals. Read More.
• Negative Sentiment: Legal overhang: multiple law firms have issued investor alerts and class‑action notices related to alleged securities violations with an April 27, 2026 lead‑plaintiff deadline — this increases short‑term uncertainty and can pressure the stock while litigation unfolds. Read More.
• Negative Sentiment: Insider activity: SVP Vivek Raghunathan sold ~3,876 shares under a pre‑arranged Rule 10b5‑1 plan (small reduction). Routine but sometimes interpreted negatively by short‑term traders. Read More.
• Negative Sentiment: Short‑term trader tools: some options‑strategy commentary is positioning SNOW for bearish plays, reflecting trader skepticism amid recent volatility. Read More.

Snowflake Stock Up 0.0%

SNOW opened at $151.89 on Friday. The company has a fifty day moving average of $173.75 and a two-hundred day moving average of $214.69. The stock has a market capitalization of $52.51 billion, a price-to-earnings ratio of -38.45 and a beta of 1.23. Snowflake has a fifty-two week low of $120.10 and a fifty-two week high of $280.67. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.30 and a current ratio of 1.30.

Snowflake (NYSE:SNOW - Get Free Report) last posted its earnings results on Wednesday, February 25th. The company reported $0.32 EPS for the quarter, beating analysts' consensus estimates of $0.27 by $0.05. Snowflake had a negative return on equity of 50.61% and a negative net margin of 28.43%.The firm had revenue of $1.28 billion for the quarter, compared to analysts' expectations of $1.25 billion. During the same period last year, the firm earned $0.30 EPS. The company's quarterly revenue was up 30.1% on a year-over-year basis. On average, research analysts expect that Snowflake will post -2.36 earnings per share for the current year.

Snowflake Company Profile

Snowflake Inc is a cloud-native data platform company that provides a suite of services for storing, processing and analyzing large volumes of data. Its core offering, often described as the Snowflake Data Cloud, combines data warehousing, data lake and data sharing capabilities in a single managed service delivered across major public cloud providers. The platform is designed to support analytics, data engineering, data science and application workloads with a focus on scalability, concurrency and simplified administration.

Key products and capabilities include a multi-cluster, shared-data architecture that separates compute from storage; continuous data ingestion and streaming; support for structured and semi-structured data formats; tools for data governance, security and compliance; and developer frameworks for building data applications.

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