Snowflake (NYSE:SNOW) Stock Price Down 2.1% – Should You Sell?

Snowflake Inc. (NYSE:SNOW)’s stock price was down 2.1% during mid-day trading on Wednesday . The company traded as low as $173.32 and last traded at $178.8310. Approximately 6,231,745 shares were traded during mid-day trading, an increase of 4% from the average daily volume of 5,997,290 shares. The stock had previously closed at $182.58.

Key Snowflake News

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Snowflake expanded its AI stack with a reported $200M partnership with OpenAI — a material commercial tie that pushes Snowflake deeper into enterprise AI workflows and could accelerate usage and monetization. Snowflake Expands AI Stack With $200M OpenAI Partnership
• Positive Sentiment: New customer/data integrations: Experian announced integration with Snowflake’s AI Data Cloud and RESAAS announced a connector to Snowflake — both expand addressable data sources and make Snowflake more central to enterprise data stacks. These partnerships support durable consumption of Snowflake compute and storage. Experian Announces Integration with Snowflake’s AI Data Cloud RESAAS Announces Snowflake Integration for Enterprise Real Estate Data
• Positive Sentiment: Strategists and media are flagging software names as oversold: Reuters and JPMorgan say recent AI‑driven fears created a buying opportunity in higher‑quality software stocks, and Barron’s highlights heavy short interest that could fuel a short squeeze—both narratives can support short‑term buying momentum in SNOW. AI disruption fears create buying chance in US software stocks, strategists say Software Stocks Look Primed for a Short Squeeze
• Positive Sentiment: Market sentiment is improving: headlines note a rebound in software and a nicer macro tone (Nasdaq bounce, Fear & Greed index moving toward neutral), which can help sentiment for growth names like SNOW. Nasdaq Jumps Over 200 Points As Software Stocks Rebound
• Neutral Sentiment: Coverage pieces and explainers (MSN, Yahoo) are summarizing the drivers (OpenAI tie, sector moves); they provide context but are less likely to move price by themselves. What’s Going On With Snowflake Stock Today? Snowflake OpenAI Deal Shifts Data Platform Deeper Into Enterprise AI
• Negative Sentiment: Legal risk: a securities‑law investigation by Johnson Fistel into Snowflake and certain officers was announced; any escalation or discovery of disclosure problems would be a clear near‑term negative and likely weigh on the stock while unresolved. Snowflake Inc. (SNOW) Shareholders Are Encouraged to Reach Out to Johnson Fistel

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft raised their target price on shares of Snowflake from $250.00 to $275.00 and gave the company a “buy” rating in a report on Thursday, December 4th. JMP Securities lifted their price objective on shares of Snowflake from $283.00 to $325.00 and gave the stock a “market outperform” rating in a research note on Tuesday, October 28th. Macquarie Infrastructure boosted their target price on shares of Snowflake from $235.00 to $250.00 and gave the stock a “neutral” rating in a report on Thursday, December 4th. Barclays reaffirmed an “equal weight” rating and issued a $250.00 price target (down previously from $290.00) on shares of Snowflake in a report on Monday, January 12th. Finally, Jefferies Financial Group set a $300.00 price objective on Snowflake in a research note on Monday, November 24th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $274.68.

Snowflake Stock Performance

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 stock has a market capitalization of $61.20 billion, a PE ratio of -44.27 and a beta of 1.14. The firm has a fifty day moving average price of $212.50 and a two-hundred day moving average price of $226.07.

Snowflake (NYSE:SNOW) last released its earnings results on Wednesday, December 3rd. The company reported $0.35 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.04. The business had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.18 billion. Snowflake had a negative return on equity of 45.91% and a negative net margin of 30.76%.The business’s revenue was up 28.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.20 earnings per share. Research analysts expect that Snowflake Inc. will post -2.36 EPS for the current year.

Insider Buying and Selling at Snowflake

In other news, Director Michael L. Speiser sold 50,338 shares of the stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $230.65, for a total transaction of $11,610,459.70. Following the transaction, the director directly owned 32,756 shares in the company, valued at approximately $7,555,171.40. This trade represents a 60.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Christian Kleinerman sold 10,000 shares of the company’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. This represents a 1.91% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 613,681 shares of company stock worth $130,573,518. Company insiders own 6.80% of the company’s stock.

Hedge Funds Weigh In On Snowflake

Institutional investors and hedge funds have recently bought and sold shares of the company. CSM Advisors LLC grew its stake in Snowflake by 22.1% during the 4th quarter. CSM Advisors LLC now owns 6,799 shares of the company’s stock worth $1,493,000 after buying an additional 1,230 shares during the last quarter. Meeder Advisory Services Inc. boosted its holdings in Snowflake by 15.3% in the fourth quarter. Meeder Advisory Services Inc. now owns 5,725 shares of the company’s stock worth $1,256,000 after acquiring an additional 760 shares in the last quarter. Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A. boosted its holdings in Snowflake by 0.3% in the fourth quarter. Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A. now owns 205,389 shares of the company’s stock worth $45,054,000 after acquiring an additional 522 shares in the last quarter. Townsquare Capital LLC grew its stake in shares of Snowflake by 15.0% during the fourth quarter. Townsquare Capital LLC now owns 1,066 shares of the company’s stock worth $234,000 after acquiring an additional 139 shares during the last quarter. Finally, Illinois Municipal Retirement Fund increased its holdings in shares of Snowflake by 52.1% during the fourth quarter. Illinois Municipal Retirement Fund now owns 5,437 shares of the company’s stock valued at $1,193,000 after acquiring an additional 1,862 shares in the last quarter. 65.10% of the stock is owned by hedge funds and other institutional investors.

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.