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Snowflake Stock Plunges, Don't be Fooled, Bargain Alert

Key Points

  • Shares are continuing to consolidate after the latest earnings report. 
  • A leadership change and growth warning took the shine off what was otherwise a strong report. 
  • With shares already plummeting, several analysts are looking for an immediate upside in the region of 30%. 
  • Five stocks to consider instead of Snowflake.

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Should You Invest $1,000 in Snowflake Right Now?

Before you consider Snowflake, you'll want to hear this.

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While Snowflake currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

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Sam Quirke
About The Author

Sam Quirke

Contributing Author

Technical Analysis

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Snowflake (SNOW)
4.4838 of 5 stars
$165.52+3.8%N/A-48.83Moderate Buy$200.28
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