Snowflake (SNOW) Projected to Post Earnings on Wednesday

Snowflake (NYSE:SNOW) is expected to be issuing its Q4 2026 results after the market closes on Wednesday, February 25th. Analysts expect the company to announce earnings of $0.26 per share and revenue of $1.2549 billion for the quarter. Individuals can check the company’s upcoming Q4 2026 earning summary page for the latest details on the call scheduled for Wednesday, February 25, 2026 at 5:00 PM ET.

Snowflake (NYSE:SNOW) last announced its earnings results on Wednesday, December 3rd. The company reported $0.35 earnings per share (EPS) for the quarter, beating 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 company had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.18 billion. During the same period in the previous year, the business posted $0.20 earnings per share. The firm’s quarterly revenue was up 28.7% compared to the same quarter last year. On average, analysts expect Snowflake to post $-2 EPS for the current fiscal year and $-2 EPS for the next fiscal year.

Snowflake Stock Down 2.8%

SNOW opened at $177.21 on Wednesday. The firm’s 50 day simple moving average is $206.83 and its two-hundred day simple moving average is $224.71. The company has a market capitalization of $60.64 billion, a PE ratio of -43.86 and a beta of 1.14. Snowflake has a 1-year low of $120.10 and a 1-year high of $280.67. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 1.07.

Key Stories Impacting Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Seeking Alpha upgraded Snowflake, highlighting its AI pivot, a sizeable backlog (~$8B) and differentiated enterprise positioning — a bullish take that supports medium‑term growth expectations. Seeking Alpha Upgrade
• Positive Sentiment: Analyst and industry commentary (Forbes coverage) emphasizes Snowflake’s role in the AI software reshuffle alongside Salesforce, reinforcing the narrative that Snowflake can capture AI‑related data workloads and pricing power. Forbes: AI Software Shake-Up
• Neutral Sentiment: Mizuho lowered its price target to $220 from $285 but kept an “Outperform” rating — this reduces upside expectations vs. prior targets but still signals conviction in Snowflake’s fundamentals. Mizuho PT Cut
• Neutral Sentiment: Zacks and other analyst write‑ups note Snowflake trades at a premium (high P/S) vs. peers — a double‑edged factor: justified if AI growth materializes, but a vulnerability if execution or competition disappoints. Zacks: Valuation Note
• Negative Sentiment: Pomerantz LLP launched an investor probe into Snowflake, announcing a potential securities investigation — legal actions raise near‑term uncertainty and can pressure the stock while the matter unfolds. Pomerantz Investor Alert
• Negative Sentiment: Goldman Sachs trimmed its price target (to $246 from $286) while keeping a Buy—another analyst cut that lowers headline upside and likely contributed to selling pressure. Goldman Sachs PT Cut
• Negative Sentiment: Market‑day coverage (Zacks) flagged SNOW’s pullback as the broader market rose — illustrative that headline risk and fresh analyst target reductions are outweighing positive AI narratives today. Zacks: SNOW Stock Slides

Insider Activity at Snowflake

In other Snowflake news, SVP Vivek Raghunathan sold 11,801 shares of the business’s stock in a transaction on Wednesday, December 31st. The shares were sold at an average price of $220.44, for a total value of $2,601,412.44. Following the sale, the senior vice president owned 218,020 shares in the company, valued at $48,060,328.80. The trade was a 5.13% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Frank Slootman sold 200,000 shares of the firm’s stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $221.83, for a total value of $44,366,000.00. Following the transaction, the director owned 50,329 shares of the company’s stock, valued at approximately $11,164,482.07. The trade was a 79.89% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 613,681 shares of company stock valued at $130,573,518. Insiders own 6.80% of the company’s stock.

Institutional Trading of Snowflake

Hedge funds have recently modified their holdings of the company. Kemnay Advisory Services Inc. purchased a new position in shares of Snowflake in the fourth quarter valued at $28,000. Greenline Wealth Management LLC purchased a new stake in Snowflake during the fourth quarter valued at $29,000. JPL Wealth Management LLC bought a new position in Snowflake during the third quarter valued at $39,000. Geneos Wealth Management Inc. grew its stake in shares of Snowflake by 29.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 319 shares of the company’s stock worth $47,000 after buying an additional 73 shares in the last quarter. Finally, Fairscale Capital LLC increased its holdings in shares of Snowflake by 20.0% in the 4th quarter. Fairscale Capital LLC now owns 751 shares of the company’s stock worth $165,000 after buying an additional 125 shares during the last quarter. 65.10% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts recently weighed in on SNOW shares. Zacks Research downgraded Snowflake from a “hold” rating to a “strong sell” rating in a research report on Tuesday, February 3rd. KeyCorp raised their price objective on Snowflake from $275.00 to $285.00 and gave the stock an “overweight” rating in a research note on Thursday, December 4th. Citigroup lowered their price objective on Snowflake from $310.00 to $300.00 and set a “buy” rating on the stock in a research report on Monday, December 8th. Jefferies Financial Group set a $300.00 target price on shares of Snowflake in a report on Monday, November 24th. Finally, Monness Crespi & Hardt lifted their price target on shares of Snowflake from $260.00 to $275.00 and gave the company a “buy” rating in a report on Thursday, December 4th. Two analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $274.00.

About Snowflake

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.