Snowflake Inc. (NYSE:SNOW) Given Average Recommendation of "Moderate Buy" by Brokerages

Key Points

• "Moderate Buy" consensus from 41 analysts with an average 12‑month target of $242.19, though several brokers have recently cut price targets (e.g., DA Davidson, Mizuho, Needham).
• AI catalysts — OpenAI’s GPT‑5.5 is available on Snowflake’s Cortex and new partnerships (Appian, OneTrust) strengthen enterprise AI integrations that could boost usage and revenue.
• Insider selling and legal overhang: insiders sold roughly 394,313 shares (~$67.5M) in the past three months, and multiple law firms have filed or solicited securities class‑action claims, increasing litigation risk.

Shares of Snowflake Inc. (NYSE:SNOW - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the forty-one research firms that are covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, thirty-three have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $242.1892.

Several analysts have recently issued reports on the company. DA Davidson decreased their price target on Snowflake from $300.00 to $250.00 and set a "buy" rating for the company in a research note on Thursday, February 26th. Mizuho cut their price objective on Snowflake from $285.00 to $220.00 and set an "outperform" rating on the stock in a research note on Tuesday, February 17th. Stifel Nicolaus set a $205.00 target price on Snowflake in a report on Thursday, February 26th. Needham & Company LLC reduced their target price on Snowflake from $280.00 to $200.00 and set a "buy" rating for the company in a report on Thursday, February 26th. Finally, Cantor Fitzgerald restated an "overweight" rating and issued a $250.00 target price on shares of Snowflake in a report on Monday, February 23rd.

Insiders Place Their Bets

In other news, CAO Emily Ho sold 2,141 shares of the business's stock in a transaction on Monday, March 23rd. The shares were sold at an average price of $173.97, for a total value of $372,469.77. Following the completion of the sale, the chief accounting officer directly owned 44,553 shares in the company, valued at approximately $7,750,885.41. The trade was a 4.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Vivek Raghunathan sold 3,876 shares of the business's stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $152.80, for a total transaction of $592,252.80. Following the completion of the sale, the senior vice president owned 273,323 shares of the company's stock, valued at $41,763,754.40. The trade was a 1.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 394,313 shares of company stock valued at $67,477,780 in the last three months. Company insiders own 6.80% of the company's stock.

Institutional Trading of Snowflake

Institutional investors and hedge funds have recently modified their holdings of the company. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT lifted its position in shares of Snowflake by 26.1% during the 1st quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT now owns 29,000 shares of the company's stock worth $4,374,000 after purchasing an additional 6,000 shares during the last quarter. Whittier Trust Co. of Nevada Inc. lifted its position in shares of Snowflake by 14.1% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 27,513 shares of the company's stock worth $4,110,000 after purchasing an additional 3,393 shares during the last quarter. Whittier Trust Co. lifted its position in shares of Snowflake by 15.1% during the 1st quarter. Whittier Trust Co. now owns 66,871 shares of the company's stock worth $9,989,000 after purchasing an additional 8,759 shares during the last quarter. Marietta Investment Partners LLC lifted its position in shares of Snowflake by 67.8% during the 1st quarter. Marietta Investment Partners LLC now owns 15,539 shares of the company's stock worth $2,344,000 after purchasing an additional 6,278 shares during the last quarter. Finally, Ascentis Independent Advisors acquired a new position in shares of Snowflake during the 1st quarter worth about $261,000. 65.10% of the stock is currently owned by institutional investors and hedge funds.

Key Snowflake News

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: OpenAI’s GPT‑5.5 was made available on Snowflake’s Cortex AI platform, a catalyst that the market reacted to positively as it strengthens Snowflake’s AI offering and potential usage/revenue upside. Snowflake (SNOW) Stock Trades Up, Here Is Why
• Positive Sentiment: Appian announced a partnership adopting the MCP protocol with Snowflake to provide more structure/control for AI agents — a sign Snowflake is expanding platform integrations that support enterprise AI governance and agent workflows. Appian adopts MCP protocol and partners with Snowflake to provide more structure and control for AI agents
• Positive Sentiment: OneTrust integrated consent signals into Snowflake Data Clean Rooms, improving privacy/compliance features that can increase enterprise adoption for data collaborations. OneTrust Introduces a New Approach to Consent-Aware Data Clean Rooms
• Neutral Sentiment: Analyst/market writeups are highlighting Snowflake as a steadier AI‑data cloud play vs. peers and noting why the stock is trending — useful context but not a direct near‑term catalyst. CoreWeave vs. Snowflake: Which AI Data Cloud Stock is the Smarter Buy?
• Neutral Sentiment: Market interest pieces note SNOW is trending among retail and institutional users; this increases attention/volume but is informational rather than a direct earnings or guidance change. Here is What to Know Beyond Why Snowflake Inc. (SNOW) is a Trending Stock
• Negative Sentiment: Multiple law firms have filed or are soliciting lead‑plaintiff roles in a securities class action covering purchases between June 27, 2023 and Feb 28, 2024; these reminders/deadlines increase legal overhang and can pressure the stock. SNOW DEADLINE ALERT: Faruqi & Faruqi, LLP Reminds Snowflake (SNOW) Investors of Securities Class Action Deadline on April 27, 2026
• Negative Sentiment: Additional firms (Rosen, Bronstein, Schall, etc.) have issued similar investor notices and a class action has been filed alleging investor harm, amplifying litigation risk and potential distraction for management. Bronstein, Gewirtz & Grossman LLC Urges Snowflake Inc. Investors to Act: Class Action Filed Alleging Investor Harm

Snowflake Price Performance

NYSE SNOW opened at $142.45 on Wednesday. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 1.18. The stock has a market capitalization of $49.25 billion, a PE ratio of -36.06 and a beta of 1.23. The company has a 50 day moving average price of $159.67 and a two-hundred day moving average price of $203.95. Snowflake has a 12-month low of $118.30 and a 12-month high of $280.67.

Snowflake (NYSE:SNOW - Get Free Report) last posted its earnings results on Wednesday, February 25th. The company reported $0.32 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.27 by $0.05. The firm had revenue of $1.28 billion during the quarter, compared to analysts' expectations of $1.25 billion. Snowflake had a negative net margin of 28.43% and a negative return on equity of 50.61%. The company's revenue was up 30.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.30 earnings per share. As a group, equities analysts predict that Snowflake will post -2.16 earnings per share for the current fiscal year.

About Snowflake

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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