Snowflake’s (SNOW) Buy Rating Reiterated at Rosenblatt Securities

Rosenblatt Securities reaffirmed their buy rating on shares of Snowflake (NYSE:SNOW) in a research note released on Thursday,Benzinga reports. The brokerage currently has a $275.00 price objective on the stock.

Several other equities analysts have also weighed in on the stock. Scotiabank reaffirmed an “outperform” rating on shares of Snowflake in a research report on Thursday, December 4th. Sanford C. Bernstein restated a “market perform” rating and set a $237.00 price target on shares of Snowflake in a report on Thursday, December 4th. KeyCorp reduced their price objective on shares of Snowflake from $285.00 to $235.00 and set an “overweight” rating for the company in a research note on Thursday, February 19th. Evercore increased their target price on shares of Snowflake from $280.00 to $300.00 and gave the stock an “outperform” rating in a research report on Thursday, December 4th. Finally, Stifel Nicolaus cut their target price on Snowflake from $280.00 to $225.00 and set a “buy” rating on the stock in a report on Monday, February 23rd. Two investment analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, four have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $248.58.

Snowflake Price Performance

SNOW opened at $168.42 on Thursday. The stock has a fifty day moving average price of $198.95 and a 200 day moving average price of $222.78. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 1.07. Snowflake has a 1 year low of $120.10 and a 1 year high of $280.67. The stock has a market cap of $57.63 billion, a price-to-earnings ratio of -42.64 and a beta of 1.14.

Snowflake (NYSE:SNOW) last posted its quarterly earnings results on Wednesday, February 25th. The company reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.05. The company had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.25 billion. Snowflake had a negative return on equity of 48.50% and a negative net margin of 28.43%.The business’s quarterly revenue was up 30.1% on a year-over-year basis. During the same period last year, the business earned $0.30 EPS. Analysts forecast that Snowflake will post -2.36 EPS for the current fiscal year.

Insiders Place Their Bets

In other Snowflake news, EVP Christian Kleinerman sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $197.09, for a total value of $1,970,900.00. Following the sale, the executive vice president owned 461,351 shares of the company’s stock, valued at $90,927,668.59. This trade represents a 2.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, SVP Vivek Raghunathan sold 11,801 shares of Snowflake stock in a transaction that occurred on Wednesday, December 31st. The stock was sold at an average price of $220.44, for a total value of $2,601,412.44. Following the completion of the transaction, the senior vice president directly owned 218,020 shares in the company, valued at approximately $48,060,328.80. This represents a 5.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 713,681 shares of company stock valued at $148,264,518. 6.80% of the stock is owned by company insiders.

Institutional Investors Weigh In On Snowflake

Several hedge funds and other institutional investors have recently modified their holdings of SNOW. MidFirst Bank bought a new stake in Snowflake in the 4th quarter valued at $132,000. Pacer Advisors Inc. lifted its stake in shares of Snowflake by 73.9% in the fourth quarter. Pacer Advisors Inc. now owns 33,923 shares of the company’s stock valued at $7,441,000 after buying an additional 14,416 shares during the period. Virtu Financial LLC bought a new stake in shares of Snowflake in the fourth quarter valued at about $1,706,000. Copos Capital S.a r.l. acquired a new stake in Snowflake during the fourth quarter worth about $35,000. Finally, MV Capital Management Inc. bought a new position in Snowflake during the fourth quarter valued at about $32,000. Institutional investors and hedge funds own 65.10% of the company’s stock.

Trending Headlines about Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Q4 beat and healthy demand: Snowflake reported ~30% y/y revenue growth and an EPS beat, with improving cash flow and strong customer metrics that underpin medium‑term revenue momentum. Snowflake Stock Surges After Q4 Revenue Jumps 30%, EPS Tops Estimates
• Positive Sentiment: AI positioning and market opportunity: Management highlighted agentic AI capabilities, partnerships (OpenAI/Anthropic integrations) and accelerating enterprise AI adoption — including faster growth in India — supporting a durable addressable market for Snowflake’s data cloud. Snowflake sees high levels of AI adoption among India Inc; country growth faster than global
• Positive Sentiment: Market technical/bull case: Some analysts and MarketBeat argue the sell‑off is overdone, institutions have been accumulating, and Snowflake’s cross‑cloud data position makes it central to AI workflows — a potential catalyst for a recovery. Is Snowflake’s Stock Meltdown Over? Signs Point to a Bottom
• Neutral Sentiment: Analyst repositioning: Many firms kept Buy/Overweight ratings but trimmed price targets after the quarter (UBS, Morgan Stanley, JPMorgan, Canaccord, etc.), leaving a mix of upside potential and reduced near‑term analyst support. These Analysts Slash Their Forecasts On Snowflake After Q4 Results
• Negative Sentiment: Mixed outlook disappointed some investors: Management’s FY27 product revenue guide (~27%) was viewed as conservative relative to some buyside expectations, contributing to a share pullback despite the beat. Snowflake’s stock dips as the software company gives a mixed outlook
• Negative Sentiment: Rising legal risk: Multiple law firms and class‑action notices were filed or publicized this week, creating legal overhang and increasing near‑term uncertainty for shareholders. Deadlines for lead‑plaintiff filings are being emphasized. Bronstein, Gewirtz & Grossman LLC Urges Snowflake Inc. Investors to Act: Class Action Filed
• Negative Sentiment: Profitability concerns persist: Commentary (e.g., Motley Fool) notes that while growth is strong, durable GAAP profitability remains elusive — a point that keeps some investors sidelined despite the AI narrative. Why I’m Still Not Buying Snowflake 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.