Snowflake Inc. (NYSE:SNOW) Given Average Rating of “Moderate Buy” by Analysts

Shares of Snowflake Inc. (NYSE:SNOW) have been assigned an average rating of “Moderate Buy” from the forty-three research firms that are currently covering the company, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation, thirty-four have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $274.6842.

Several equities analysts recently weighed in on the company. Sanford C. Bernstein reiterated a “market perform” rating and set a $237.00 target price on shares of Snowflake in a research report on Thursday, December 4th. Canaccord Genuity Group upped their price objective on shares of Snowflake from $260.00 to $270.00 and gave the company a “buy” rating in a research note on Thursday, December 4th. Scotiabank reissued an “outperform” rating on shares of Snowflake in a research report on Thursday, December 4th. Jefferies Financial Group set a $300.00 price target on shares of Snowflake in a research report on Monday, November 24th. Finally, Bank of America increased their price target on shares of Snowflake from $280.00 to $310.00 and gave the stock a “buy” rating in a research note on Monday, November 17th.

Trending Headlines about Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Deepened OpenAI partnership and new AI tools announced — bolsters Snowflake’s positioning as an AI platform and drove an earlier intraday rally as investors priced in greater enterprise AI monetization potential. Snowflake (SNOW) Is Up 8.2% After Deepening OpenAI Tie-Up And Unveiling New AI Tools – What’s Changed
• Positive Sentiment: Report that Snowflake expanded its AI stack via a roughly $200M OpenAI partnership underlines committed capex and strategic alignment with a top AI provider — a material catalyst for long‑term revenue mix shifting to AI services. Snowflake Expands AI Stack With $200M OpenAI Partnership
• Positive Sentiment: Analysts reaffirm bullish views on Snowflake’s AI strategy, supporting upside expectations for multi-year growth and validating management’s AI roadmap. Analysts Reaffirm Bullish View on Snowflake Inc.’s (SNOW) AI Strategy
• Positive Sentiment: Major ecosystem integrations announced — Experian integration and a RESAAS connector expand addressable market and make Snowflake more central to customers’ data stacks (more consumption opportunities). Experian Announces Integration with Snowflake’s AI Data Cloud RESAAS Announces Snowflake Integration for Enterprise Real Estate Data
• Positive Sentiment: New collaboration with U.S. Figure Skating highlights vertical adoption examples for performance analytics and fan engagement — incremental commercial proof point for Snowflake’s AI/analytics pitch. U.S. Figure Skating Elevates Athlete Development and Fan Engagement with Snowflake Intelligence
• Neutral Sentiment: Media discussion that heavy short interest in software stocks could spark short‑squeeze rallies — a possible near‑term technical upside but not a fundamental earnings driver. Software Stocks Look Primed for a Short Squeeze
• Neutral Sentiment: General roundup pieces trying to explain intraday moves and volatility in SNOW provide context but add little new fundamental information. What’s Going On With Snowflake Stock Today?
• Negative Sentiment: Pomerantz LLP investor investigation announced — potential legal overhang that can pressure the stock while the probe unfolds and could increase perceived risk. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Snowflake Inc. – SNOW
• Negative Sentiment: Recent price pullbacks and a Zacks note highlighting a larger-than-market decline can reinforce short‑term negative momentum and investor caution. Snowflake Inc. (SNOW) Registers a Bigger Fall Than the Market: Important Facts to Note

Snowflake Stock Performance

NYSE:SNOW opened at $172.67 on Friday. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.37 and a quick ratio of 1.37. The firm has a market cap of $59.09 billion, a PE ratio of -42.74 and a beta of 1.14. The firm has a 50 day simple moving average of $209.54 and a 200-day simple moving average of $225.37. Snowflake has a 1-year low of $120.10 and a 1-year high of $280.67.

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

Insider Activity

In related news, Director Frank Slootman sold 200,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 20th. The shares were sold at an average price of $206.77, for a total value of $41,354,000.00. Following the transaction, the director owned 50,329 shares in the company, valued at approximately $10,406,527.33. This trade represents a 79.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Vivek Raghunathan sold 11,801 shares of the stock in a transaction on Wednesday, December 31st. The stock was sold at an average price of $220.44, for a total transaction of $2,601,412.44. Following the completion of the sale, the senior vice president directly owned 218,020 shares of the company’s stock, valued at $48,060,328.80. The trade was a 5.13% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 613,681 shares of company stock valued at $130,573,518 in the last 90 days. 6.80% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Snowflake

Institutional investors and hedge funds have recently modified their holdings of the stock. Norges Bank acquired a new position in Snowflake in the fourth quarter worth $974,091,000. Winslow Capital Management LLC acquired a new stake in Snowflake in the second quarter worth about $725,667,000. Jennison Associates LLC grew its position in Snowflake by 27.7% in the 4th quarter. Jennison Associates LLC now owns 11,603,302 shares of the company’s stock valued at $2,545,300,000 after buying an additional 2,519,413 shares in the last quarter. Coatue Management LLC acquired a new stake in shares of Snowflake in the 3rd quarter worth approximately $441,277,000. Finally, American Century Companies Inc. boosted 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 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.