Snowflake (SNOW) to Release Quarterly Earnings on Wednesday

Snowflake (NYSE:SNOW) is anticipated to announce its Q2 2026 results after the market closes on Wednesday, August 27th. Analysts expect the company to announce earnings of $0.26 per share and revenue of $1.0866 billion for the quarter. Individuals can find conference call details on the company’s upcoming Q2 2026 earningreport page for the latest details on the call scheduled for Wednesday, August 27, 2025 at 5:00 PM ET.

Snowflake (NYSE:SNOW) last released its quarterly earnings data on Wednesday, May 21st. The company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.02. The business had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.01 billion. Snowflake had a negative return on equity of 37.75% and a negative net margin of 36.43%.The company’s revenue was up 25.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.14 EPS. On average, analysts expect Snowflake to post $-2 EPS for the current fiscal year and $-2 EPS for the next fiscal year.

Snowflake Stock Performance

NYSE:SNOW opened at $192.5340 on Wednesday. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 0.94. The firm has a market capitalization of $64.28 billion, a price-to-earnings ratio of -45.73 and a beta of 1.22. The firm’s fifty day simple moving average is $211.94 and its 200 day simple moving average is $184.73. Snowflake has a twelve month low of $107.13 and a twelve month high of $229.27.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on SNOW. Jefferies Financial Group upped their target price on shares of Snowflake from $220.00 to $250.00 and gave the company a “buy” rating in a research note on Monday, June 9th. KeyCorp restated an “overweight” rating on shares of Snowflake in a research note on Wednesday, June 25th. Cowen restated a “buy” rating on shares of Snowflake in a research note on Thursday, May 22nd. Morgan Stanley started coverage on shares of Snowflake in a research report on Tuesday, June 24th. They set an “overweight” rating and a $262.00 price target for the company. Finally, Loop Capital raised their price target on shares of Snowflake from $220.00 to $245.00 and gave the stock a “buy” rating in a research report on Wednesday, June 4th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, five have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Snowflake currently has a consensus rating of “Moderate Buy” and a consensus price target of $226.32.

Insider Transactions at Snowflake

In other news, EVP Christian Kleinerman sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $216.00, for a total value of $2,160,000.00. Following the completion of the sale, the executive vice president directly owned 537,336 shares in the company, valued at approximately $116,064,576. The trade was a 1.83% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Michael L. Speiser sold 403 shares of the stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $208.69, for a total value of $84,102.07. Following the sale, the director owned 26,136 shares in the company, valued at $5,454,321.84. The trade was a 1.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 3,014,642 shares of company stock valued at $657,325,186 over the last 90 days. Insiders own 6.80% of the company’s stock.

Hedge Funds Weigh In On Snowflake

Several large investors have recently made changes to their positions in the business. Ameriprise Financial Inc. increased its stake in Snowflake by 15.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 901,709 shares of the company’s stock worth $201,757,000 after purchasing an additional 119,556 shares in the last quarter. Scge Management L.P. acquired a new position in Snowflake during the second quarter valued at $140,528,000. Canada Pension Plan Investment Board raised its position in Snowflake by 57.1% during the second quarter. Canada Pension Plan Investment Board now owns 512,595 shares of the company’s stock valued at $114,703,000 after buying an additional 186,371 shares during the period. California State Teachers Retirement System raised its position in Snowflake by 6.5% during the second quarter. California State Teachers Retirement System now owns 494,023 shares of the company’s stock valued at $110,548,000 after buying an additional 30,129 shares during the period. Finally, Raymond James Financial Inc. raised its position in Snowflake by 23.7% during the second quarter. Raymond James Financial Inc. now owns 473,588 shares of the company’s stock valued at $105,975,000 after buying an additional 90,814 shares during the period. Institutional investors own 65.10% of the company’s stock.

Snowflake Company Profile

Snowflake Inc provides a cloud-based data platform for various organizations in the United States and internationally. Its 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 and data products, as well as applies artificial intelligence (AI) for solving business problems.