Snowflake Inc. (NYSE:SNOW – Get Free Report) has been given a consensus rating of “Moderate Buy” by the forty-four research firms that are covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, four have given a hold recommendation, thirty-five have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $275.5789.
A number of research analysts have recently issued reports on SNOW shares. KeyCorp lifted their target price on shares of Snowflake from $275.00 to $285.00 and gave the company an “overweight” rating in a research note on Thursday, December 4th. Robert W. Baird lifted their price objective on Snowflake from $260.00 to $270.00 and gave the company an “outperform” rating in a research report on Thursday, December 4th. Wells Fargo & Company raised their target price on Snowflake from $275.00 to $290.00 and gave the company an “overweight” rating in a research note on Thursday, December 4th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Snowflake from $250.00 to $275.00 and gave the stock a “buy” rating in a research report on Thursday, December 4th. Finally, JMP Securities raised their price objective on shares of Snowflake from $283.00 to $325.00 and gave the company a “market outperform” rating in a research report on Tuesday, October 28th.
Check Out Our Latest Analysis on SNOW
Key Snowflake News
- Positive Sentiment: Snowflake announced an acquisition that integrates telemetry (observability/operational data) with its business‑intelligence stack — a strategic move that broadens use cases and could lift revenue per customer over time. Snowflake acquisition connects telemetry and business intelligence
- Positive Sentiment: KeyCorp maintains an Overweight rating and a $285 price target, providing a bullish analyst signal despite near‑term negative EPS estimates — this support can attract buyers and limit downside. MarketBeat SNOW page
- Neutral Sentiment: Zacks published a piece summarizing Wall Street analysts’ optimism for Snowflake; media attention on analyst ratings often moves shares but the piece is descriptive rather than revealing new fundamentals. Is Snowflake (SNOW) a Buy as Wall Street Analysts Look Optimistic?
- Negative Sentiment: Rival ClickHouse raised funding and is now valued around $15B — a sign of intensifying competition in cloud data platforms that could pressure pricing and customer share over time. Snowflake, Databricks challenger ClickHouse hits $15B valuation
- Negative Sentiment: A bearish Seeking Alpha piece argues Snowflake is weakening and recommends avoiding the stock — such narrative pieces can amplify selling pressure among retail and momentum traders. Snowflake Is Melting: Avoid
- Negative Sentiment: Recent analyst downgrade coverage was reported to have pushed the stock lower yesterday, a reminder that sell‑side revisions still trigger short‑term moves even as some firms remain constructive. Snowflake (NYSE:SNOW) Stock Price Down 5.1% on Analyst Downgrade
Snowflake Stock Up 1.4%
Shares of NYSE SNOW opened at $210.66 on Monday. Snowflake has a 52-week low of $120.10 and a 52-week high of $280.67. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.37 and a current ratio of 1.37. The business has a fifty day moving average of $233.08 and a two-hundred day moving average of $228.82. The stock has a market cap of $72.09 billion, a PE ratio of -52.14 and a beta of 1.14.
Snowflake (NYSE:SNOW – Get Free Report) last announced its earnings results on Wednesday, December 3rd. The company reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.04. The business had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.18 billion. Snowflake had a negative net margin of 30.76% and a negative return on equity of 45.91%. The firm’s revenue for the quarter was up 28.7% on a year-over-year basis. During the same quarter last year, the company posted $0.20 EPS. As a group, equities research analysts expect that Snowflake will post -2.36 earnings per share for the current fiscal year.
Insider Activity at Snowflake
In other news, Director Michael L. Speiser sold 50,338 shares of Snowflake stock in a transaction on Friday, December 5th. The stock was sold at an average price of $230.65, for a total value of $11,610,459.70. Following the completion of the sale, the director directly owned 32,756 shares of the company’s stock, valued at approximately $7,555,171.40. This trade represents a 60.58% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Christian Kleinerman sold 10,000 shares of the business’s stock in a transaction on Monday, December 1st. The stock was sold at an average price of $249.53, for a total value of $2,495,300.00. Following the sale, the executive vice president owned 512,450 shares of the company’s stock, valued at approximately $127,871,648.50. The trade was a 1.91% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 418,681 shares of company stock worth $96,073,145. Company insiders own 6.80% of the company’s stock.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in the stock. Total Clarity Wealth Management Inc. increased its holdings in Snowflake by 2.7% in the third quarter. Total Clarity Wealth Management Inc. now owns 1,508 shares of the company’s stock valued at $340,000 after purchasing an additional 40 shares during the last quarter. Diligent Investors LLC increased its stake in shares of Snowflake by 0.9% in the 3rd quarter. Diligent Investors LLC now owns 4,594 shares of the company’s stock valued at $1,036,000 after acquiring an additional 40 shares during the last quarter. Coastline Trust Co raised its position in shares of Snowflake by 1.0% in the 3rd quarter. Coastline Trust Co now owns 4,183 shares of the company’s stock valued at $943,000 after acquiring an additional 42 shares during the period. Wedbush Securities Inc. boosted its stake in Snowflake by 1.3% during the 2nd quarter. Wedbush Securities Inc. now owns 3,717 shares of the company’s stock worth $832,000 after acquiring an additional 48 shares during the last quarter. Finally, Avion Wealth boosted its stake in Snowflake by 76.6% during the 2nd quarter. Avion Wealth now owns 113 shares of the company’s stock worth $25,000 after acquiring an additional 49 shares during the last quarter. Institutional investors and hedge funds own 65.10% of the company’s stock.
Snowflake Company Profile
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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