QQQ   324.08 (-0.57%)
AAPL   168.49 (-0.44%)
MSFT   287.02 (-0.74%)
META   177.49 (-0.48%)
GOOGL   118.84 (-0.72%)
AMZN   140.64 (-1.44%)
TSLA   859.89 (-2.62%)
NVDA   179.42 (-0.86%)
NIO   20.82 (+3.84%)
BABA   94.87 (+2.64%)
AMD   98.12 (-0.94%)
MU   62.32 (+1.50%)
T   18.04 (+0.17%)
CGC   3.15 (-4.26%)
GE   78.90 (+2.28%)
F   15.83 (+2.13%)
DIS   117.69 (+4.68%)
AMC   25.46 (+7.56%)
PYPL   99.11 (+0.20%)
PFE   48.29 (-3.32%)
NFLX   242.70 (-0.58%)
QQQ   324.08 (-0.57%)
AAPL   168.49 (-0.44%)
MSFT   287.02 (-0.74%)
META   177.49 (-0.48%)
GOOGL   118.84 (-0.72%)
AMZN   140.64 (-1.44%)
TSLA   859.89 (-2.62%)
NVDA   179.42 (-0.86%)
NIO   20.82 (+3.84%)
BABA   94.87 (+2.64%)
AMD   98.12 (-0.94%)
MU   62.32 (+1.50%)
T   18.04 (+0.17%)
CGC   3.15 (-4.26%)
GE   78.90 (+2.28%)
F   15.83 (+2.13%)
DIS   117.69 (+4.68%)
AMC   25.46 (+7.56%)
PYPL   99.11 (+0.20%)
PFE   48.29 (-3.32%)
NFLX   242.70 (-0.58%)
QQQ   324.08 (-0.57%)
AAPL   168.49 (-0.44%)
MSFT   287.02 (-0.74%)
META   177.49 (-0.48%)
GOOGL   118.84 (-0.72%)
AMZN   140.64 (-1.44%)
TSLA   859.89 (-2.62%)
NVDA   179.42 (-0.86%)
NIO   20.82 (+3.84%)
BABA   94.87 (+2.64%)
AMD   98.12 (-0.94%)
MU   62.32 (+1.50%)
T   18.04 (+0.17%)
CGC   3.15 (-4.26%)
GE   78.90 (+2.28%)
F   15.83 (+2.13%)
DIS   117.69 (+4.68%)
AMC   25.46 (+7.56%)
PYPL   99.11 (+0.20%)
PFE   48.29 (-3.32%)
NFLX   242.70 (-0.58%)
QQQ   324.08 (-0.57%)
AAPL   168.49 (-0.44%)
MSFT   287.02 (-0.74%)
META   177.49 (-0.48%)
GOOGL   118.84 (-0.72%)
AMZN   140.64 (-1.44%)
TSLA   859.89 (-2.62%)
NVDA   179.42 (-0.86%)
NIO   20.82 (+3.84%)
BABA   94.87 (+2.64%)
AMD   98.12 (-0.94%)
MU   62.32 (+1.50%)
T   18.04 (+0.17%)
CGC   3.15 (-4.26%)
GE   78.90 (+2.28%)
F   15.83 (+2.13%)
DIS   117.69 (+4.68%)
AMC   25.46 (+7.56%)
PYPL   99.11 (+0.20%)
PFE   48.29 (-3.32%)
NFLX   242.70 (-0.58%)

Snowflake - SNOW Stock Forecast, Price & News

$167.88
-6.52 (-3.74%)
(As of 08/11/2022 12:00 AM ET)
Add
Compare
Today's Range
$167.24
$179.95
50-Day Range
$113.30
$174.40
52-Week Range
$110.26
$405.00
Volume
5.65 million shs
Average Volume
6.54 million shs
Market Capitalization
$52.82 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$214.88

Snowflake MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
28.0% Upside
$214.88 Price Target
Short Interest
Healthy
4.66% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.97
Upright™ Environmental Score
News Sentiment
0.11mentions of Snowflake in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$524,444 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($2.10) to ($1.83) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.63 out of 5 stars

Computer And Technology Sector

281st out of 658 stocks

Prepackaged Software Industry

91st out of 229 stocks

SNOW stock logo

About Snowflake (NYSE:SNOW) Stock

Snowflake Inc. provides a cloud-based data platform in the United States and internationally. The company's platform offers Data Cloud, which enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data-driven applications, and share data. Its platform is used by various organizations of sizes in a range of industries. The company was formerly known as Snowflake Computing, Inc. and changed its name to Snowflake Inc. in April 2019. Snowflake Inc. was incorporated in 2012 and is based in Bozeman, Montana.

Snowflake Price Performance

NYSE:SNOW opened at $174.40 on Thursday. The stock has a market cap of $54.87 billion, a P/E ratio of -82.65 and a beta of 1.31. Snowflake has a one year low of $110.26 and a one year high of $405.00. The company has a fifty day moving average price of $142.15 and a 200 day moving average price of $187.99.

Snowflake (NYSE:SNOW - Get Rating) last announced its quarterly earnings data on Wednesday, May 25th. The company reported ($0.52) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.39) by ($0.13). Snowflake had a negative net margin of 45.48% and a negative return on equity of 12.39%. The business had revenue of $422.37 million during the quarter, compared to analyst estimates of $413.01 million. During the same quarter in the prior year, the company posted ($0.69) EPS. The company's quarterly revenue was up 84.5% compared to the same quarter last year. As a group, equities research analysts anticipate that Snowflake will post -2.1 EPS for the current year.

Wall Street Analysts Forecast Growth

SNOW has been the topic of a number of recent analyst reports. Loop Capital cut their price target on shares of Snowflake from $370.00 to $180.00 and set a "buy" rating on the stock in a report on Thursday, May 26th. Canaccord Genuity Group upgraded shares of Snowflake from a "hold" rating to a "buy" rating and set a $185.00 price target on the stock in a report on Wednesday, June 15th. Canaccord Genuity Group upgraded shares of Snowflake from a "hold" rating to a "buy" rating and set a $185.00 price target on the stock in a report on Wednesday, June 15th. Mizuho cut their price target on shares of Snowflake from $225.00 to $200.00 and set a "buy" rating on the stock in a report on Thursday, May 26th. Finally, Jefferies Financial Group raised shares of Snowflake from a "hold" rating to a "buy" rating and boosted their price objective for the company from $125.00 to $200.00 in a research report on Tuesday, June 28th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and twenty-six have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $219.27.

Insider Activity

In other news, CEO Frank Slootman sold 1,727 shares of the stock in a transaction on Thursday, June 9th. The shares were sold at an average price of $136.18, for a total value of $235,182.86. Following the completion of the transaction, the chief executive officer now owns 138,551 shares in the company, valued at approximately $18,867,875.18. The sale was disclosed in a filing with the SEC, which is available at this link. In related news, Director John Dennis Mcmahon sold 1,224 shares of the stock in a transaction dated Thursday, July 7th. The shares were sold at an average price of $155.44, for a total transaction of $190,258.56. Following the completion of the sale, the director now owns 55,659 shares in the company, valued at approximately $8,651,634.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Frank Slootman sold 1,727 shares of the stock in a transaction dated Thursday, June 9th. The stock was sold at an average price of $136.18, for a total transaction of $235,182.86. Following the sale, the chief executive officer now owns 138,551 shares of the company's stock, valued at approximately $18,867,875.18. The disclosure for this sale can be found here. In the last 90 days, insiders sold 3,678 shares of company stock worth $524,444. 8.90% of the stock is currently owned by corporate insiders.

Receive SNOW Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Snowflake and its competitors with MarketBeat's FREE daily newsletter.

SNOW Stock News Headlines

Snowflake Whale Trades Spotted - Benzinga
BTIG Research Downgrades Snowflake (NYSE:SNOW) to Neutral
See More Headlines
Receive SNOW Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Snowflake and its competitors with MarketBeat's FREE daily newsletter.

SNOW Company Calendar

Last Earnings
5/25/2022
Today
8/11/2022
Next Earnings (Confirmed)
8/24/2022
Fiscal Year End
1/31/2023

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Fax
N/A
Employees
3,992
Year Founded
2012

Price Target and Rating

Average Stock Price Forecast
$214.88
High Stock Price Forecast
$415.00
Low Stock Price Forecast
$120.00
Forecasted Upside/Downside
+28.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
34 Analysts

Profitability

Net Income
$-679,950,000.00
Pretax Margin
-47.14%

Debt

Sales & Book Value

Annual Sales
$1.22 billion
Book Value
$16.16 per share

Miscellaneous

Free Float
286,601,000
Market Cap
$52.82 billion
Optionable
Not Optionable
Beta
1.30

Social Links















SNOW Stock - Frequently Asked Questions

Should I buy or sell Snowflake stock right now?

34 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Snowflake in the last year. There are currently 2 sell ratings, 6 hold ratings and 26 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SNOW shares.
View SNOW analyst ratings
or view top-rated stocks.

What is Snowflake's stock price forecast for 2022?

34 brokers have issued 12-month target prices for Snowflake's shares. Their SNOW share price forecasts range from $120.00 to $415.00. On average, they anticipate the company's share price to reach $214.88 in the next twelve months. This suggests a possible upside of 25.6% from the stock's current price.
View analysts price targets for SNOW
or view top-rated stocks among Wall Street analysts.

How have SNOW shares performed in 2022?

Snowflake's stock was trading at $338.75 on January 1st, 2022. Since then, SNOW stock has decreased by 49.5% and is now trading at $171.09.
View the best growth stocks for 2022 here
.

When is Snowflake's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 24th 2022.
View our SNOW earnings forecast
.

How can I listen to Snowflake's earnings call?

Snowflake will be holding an earnings conference call on Wednesday, August 24th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Snowflake's earnings last quarter?

Snowflake Inc. (NYSE:SNOW) released its quarterly earnings results on Wednesday, May, 25th. The company reported ($0.52) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.39) by $0.13. The firm earned $422.37 million during the quarter, compared to the consensus estimate of $413.01 million. Snowflake had a negative trailing twelve-month return on equity of 12.39% and a negative net margin of 45.48%. Snowflake's quarterly revenue was up 84.5% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.69) EPS.

What other stocks do shareholders of Snowflake own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Snowflake investors own include NVIDIA (NVDA), Tesla (TSLA), Salesforce (CRM), CrowdStrike (CRWD), Boeing (BA), Shopify (SHOP), Zoom Video Communications (ZM), Fastly (FSLY), Alibaba Group (BABA) and ServiceNow (NOW).

When did Snowflake IPO?

(SNOW) raised $2.2 billion in an initial public offering on Wednesday, September 16th 2020. The company issued 28,000,000 shares at $75.00-$85.00 per share. Goldman Sachs, Morgan Stanley, J.P. Morgan, Allen & Company and Citigroup acted as the underwriters for the IPO and Credit Suisse, Barclays, Deutsche Bank Securities, Mizuho Securities, Truist, BTIG, Canaccord Genuity, Capital One Securities, Cowen, D.A. Davidson, JMP Securities, Oppenheimer, Piper Sandler, Stifel, Academy Securities, Loop Capital Markets, Ramirez and Siebert Williams Shank were co-managers.

What is Snowflake's stock symbol?

Snowflake trades on the New York Stock Exchange (NYSE) under the ticker symbol "SNOW."

Who are Snowflake's major shareholders?

Snowflake's stock is owned by many different institutional and retail investors. Top institutional investors include Jennison Associates LLC (1.70%), Baillie Gifford & Co. (1.41%), Swiss National Bank (0.30%), TD Asset Management Inc. (0.23%), Sumitomo Mitsui Trust Holdings Inc. (0.19%) and Simplex Trading LLC (0.00%). Insiders that own company stock include Benoit Dageville, Brad Gerstner, Carl M Eschenbach, Christopher William Degnan, Frank Slootman, Jeffrey E Eberwein, Jeremy Burton, John Dennis Mcmahon, Mark Garrett, Michael L Speiser, Michael L Speiser, Michael Scarpelli and Teresa Briggs.
View institutional ownership trends
.

How do I buy shares of Snowflake?

Shares of SNOW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Snowflake's stock price today?

One share of SNOW stock can currently be purchased for approximately $171.09.

How much money does Snowflake make?

Snowflake (NYSE:SNOW) has a market capitalization of $53.82 billion and generates $1.22 billion in revenue each year. The company earns $-679,950,000.00 in net income (profit) each year or ($2.11) on an earnings per share basis.

How many employees does Snowflake have?

The company employs 3,992 workers across the globe.

Does Snowflake have any subsidiaries?

The following companies are subsidiares of Snowflake: SNFL Cloudtech India Private Limited, SNFL Technologies AB, Snowflake Computing Canada Inc., Snowflake Computing France SAS, Snowflake Computing GmbH, Snowflake Computing India LLP, Snowflake Computing Netherlands B.V., Snowflake Computing Pty Ltd., Snowflake Computing Singapore Pte. Ltd., Snowflake Computing Spain S.L., Snowflake Computing Switzerland GmbH, Snowflake Computing U.K. Limited, Snowflake Holdings LLC, and Snowflake K.K..
Read More

When was Snowflake founded?

Snowflake was founded in 2012.

How can I contact Snowflake?

Snowflake's mailing address is 450 CONCAR DRIVE, SAN MATEO CA, 94402. The official website for the company is www.snowflake.com. The company can be reached via phone at 844-766-9355 or via email at ir@snowflake.com.

This page (NYSE:SNOW) was last updated on 8/11/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.