Snowflake (NYSE:SNOW) Stock Price Down 5.1% on Analyst Downgrade

Snowflake Inc. (NYSE:SNOW) fell 5.1% during mid-day trading on Tuesday after Barclays downgraded the stock from an overweight rating to an equal weight rating. Barclays now has a $250.00 price target on the stock, down from their previous price target of $290.00. Snowflake traded as low as $207.50 and last traded at $209.1070. 8,020,285 shares changed hands during mid-day trading, an increase of 74% from the average session volume of 4,616,528 shares. The stock had previously closed at $220.28.

A number of other equities analysts also recently weighed in on SNOW. Wells Fargo & Company lifted their target price on shares of Snowflake from $275.00 to $290.00 and gave the stock an “overweight” rating in a research note on Thursday, December 4th. Jefferies Financial Group set a $300.00 price objective on Snowflake in a research report on Monday, November 24th. Citigroup cut their target price on Snowflake from $310.00 to $300.00 and set a “buy” rating on the stock in a research report on Monday, December 8th. Deutsche Bank Aktiengesellschaft raised their target price on Snowflake from $250.00 to $275.00 and gave the stock a “buy” rating in a research note on Thursday, December 4th. Finally, Stifel Nicolaus boosted their price target on Snowflake from $260.00 to $280.00 and gave the company a “buy” rating in a research note on Thursday, December 4th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $275.58.

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, January 2nd. The stock was sold at an average price of $219.90, for a total transaction of $2,199,000.00. Following the completion of the sale, the executive vice president owned 471,351 shares in the company, valued at $103,650,084.90. The trade was a 2.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Michael L. Speiser sold 403 shares of the stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $221.16, for a total value of $89,127.48. Following the completion of the transaction, the director owned 24,121 shares in the company, valued at approximately $5,334,600.36. This represents a 1.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 418,681 shares of company stock valued at $96,073,145. Company insiders own 6.80% of the company’s stock.

Key Headlines Impacting Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Snowflake expanded its platform via acquisitions of Datometry and Observe, strengthening its data/AI stack and potential revenue mix from observability and cross-cloud compatibility. SNOW Expands Portfolio on Acquisitions
• Positive Sentiment: A bullish analyst write-up upgraded Snowflake on valuation improvement and rising RPO (reported ~37% y/y in the article), highlighting strong revenue visibility (RPO) and 125% net revenue retention — factors that support medium‑to‑long-term upside. Snowflake: Buy The Dip
• Positive Sentiment: Third-party tooling adoption: Yuki launched a 14-day trial that runs full Snowflake optimization in production — a sign of partner-led demand and potential efficiency/performance benefits for customers. Yuki Launches a 14-Day Free Trial
• Positive Sentiment: Industry positioning: coverage pieces list Snowflake among top cross-cloud/AI infrastructure winners, reinforcing investor narratives around durable AI tailwinds and multi-cloud demand. This supports longer-term institutional interest. 5 AI Stocks Positioned to Win
• Neutral Sentiment: ETF exposure: Snowflake is a meaningful holding in cloud-focused ETFs (e.g., Fidelity Cloud Computing ETF), which can provide steady passive inflows but also links SNOW to broader ETF flows and cloud-sector volatility. The Cloud Computing ETF Every Growth Investor Should Consider
• Negative Sentiment: Analyst downgrade: Barclays cut Snowflake from Overweight to Equal Weight and trimmed its price target (from $290 to $250). That re-rating is a clear near-term headwind for sentiment and likely contributed to selling pressure. Barclays downgrades Snowflake
• Negative Sentiment: Market reaction / media coverage: Multiple outlets are calling out SNOW’s share decline and explaining today’s pullback, amplifying negative sentiment and short-term volatility. SNOW Falls More Steeply Than Broader Market Why Snowflake stock is falling today

Institutional Trading of Snowflake

Several institutional investors and hedge funds have recently made changes to their positions in the company. Kingstone Capital Partners Texas LLC purchased a new position in Snowflake during the second quarter worth about $3,900,134,000. Norges Bank bought a new position in shares of Snowflake during the 2nd quarter worth approximately $944,895,000. Winslow Capital Management LLC purchased a new position in shares of Snowflake in the 2nd quarter worth approximately $725,667,000. Coatue Management LLC bought a new position in shares of Snowflake in the third quarter valued at approximately $441,277,000. Finally, American Century Companies Inc. grew its holdings in shares of Snowflake by 233.3% in the third quarter. American Century Companies Inc. now owns 2,104,925 shares of the company’s stock valued at $474,766,000 after acquiring an additional 1,473,354 shares in the last quarter. Hedge funds and other institutional investors own 65.10% of the company’s stock.

Snowflake Stock Down 1.6%

The stock has a 50-day moving average of $235.26 and a 200 day moving average of $228.89. The company has a market capitalization of $70.53 billion, a PE ratio of -51.02 and a beta of 1.14. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 1.07.

Snowflake (NYSE:SNOW) last posted its quarterly earnings data on Wednesday, December 3rd. The company reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.04. Snowflake had a negative return on equity of 45.91% and a negative net margin of 30.76%.The business had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.18 billion. During the same quarter in the previous year, the firm earned $0.20 earnings per share. The business’s revenue was up 28.7% on a year-over-year basis. Sell-side analysts anticipate that Snowflake Inc. will post -2.36 EPS for the current year.

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.