Snowflake (SNOW) Projected to Post Quarterly Earnings on Wednesday

Snowflake (NYSE:SNOW) is expected to be releasing its Q3 2026 results after the market closes on Wednesday, December 3rd. Analysts expect Snowflake to post earnings of $0.31 per share and revenue of $1.1829 billion for the quarter. Interested persons can find conference call details on the company’s upcoming Q3 2026 earningreport page for the latest details on the call scheduled for Wednesday, December 3, 2025 at 5:00 PM ET.

Snowflake (NYSE:SNOW) last posted its quarterly earnings results on Wednesday, August 27th. The company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.27 by $0.08. The company had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.09 billion. Snowflake had a negative return on equity of 42.98% and a negative net margin of 33.53%.The firm’s revenue was up 31.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.18 EPS. On average, analysts expect Snowflake to post $-2 EPS for the current fiscal year and $-2 EPS for the next fiscal year.

Snowflake Trading Up 3.4%

Shares of SNOW opened at $250.31 on Wednesday. Snowflake has a twelve month low of $120.10 and a twelve month high of $280.67. The firm has a market capitalization of $84.80 billion, a P/E ratio of -60.31 and a beta of 1.23. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 0.96. The stock’s fifty day simple moving average is $247.39 and its 200 day simple moving average is $223.09.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on SNOW. Needham & Company LLC increased their price objective on shares of Snowflake from $230.00 to $280.00 and gave the company a “buy” rating in a research report on Thursday, August 28th. Guggenheim reaffirmed a “neutral” rating on shares of Snowflake in a report on Thursday, August 28th. Macquarie lifted their price target on shares of Snowflake from $210.00 to $235.00 and gave the stock a “neutral” rating in a research note on Thursday, August 28th. Sanford C. Bernstein upped their price objective on shares of Snowflake from $191.00 to $221.00 and gave the company a “market perform” rating in a research report on Thursday, August 28th. Finally, Oppenheimer reaffirmed an “outperform” rating on shares of Snowflake in a research report on Friday. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, three have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $267.25.

Insider Buying and Selling

In related news, EVP Christian Kleinerman sold 10,000 shares of the stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $277.73, for a total value of $2,777,300.00. Following the completion of the transaction, the executive vice president directly owned 522,450 shares of the company’s stock, valued at $145,100,038.50. This represents a 1.88% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Michael L. Speiser sold 403 shares of the firm’s stock in a transaction on Friday, November 7th. The shares were sold at an average price of $257.29, for a total value of $103,687.87. Following the transaction, the director directly owned 24,927 shares in the company, valued at $6,413,467.83. This trade represents a 1.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 931,388 shares of company stock valued at $216,578,628. Insiders own 6.80% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in SNOW. Northern Trust Corp boosted its position in shares of Snowflake by 2.7% during the 3rd quarter. Northern Trust Corp now owns 2,089,150 shares of the company’s stock valued at $471,208,000 after purchasing an additional 55,683 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in shares of Snowflake by 58.9% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,226,993 shares of the company’s stock worth $276,748,000 after acquiring an additional 454,899 shares during the last quarter. Ameriprise Financial Inc. raised its position in shares of Snowflake by 15.3% during the second 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 during the period. Scge Management L.P. lifted its position in shares of Snowflake by 42.2% in the 3rd quarter. Scge Management L.P. now owns 893,000 shares of the company’s stock valued at $201,416,000 after acquiring an additional 265,000 shares in the last quarter. Finally, Canada Pension Plan Investment Board lifted its stake in Snowflake by 57.1% in the 2nd quarter. Canada Pension Plan Investment Board now owns 512,595 shares of the company’s stock worth $114,703,000 after acquiring an additional 186,371 shares in the last quarter. Institutional investors and hedge funds own 65.10% of the company’s stock.

About Snowflake

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.