Snowflake Inc. (NYSE:SNOW) Receives $274.68 Consensus PT from Analysts

Snowflake Inc. (NYSE:SNOW) has been assigned an average recommendation of “Moderate Buy” from the forty-two analysts that are presently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating, thirty-three have given a buy rating and two have given a strong buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $274.00.

Several equities research analysts recently weighed in on the company. KeyCorp boosted their target price on Snowflake from $275.00 to $285.00 and gave the stock an “overweight” rating in a report on Thursday, December 4th. Jefferies Financial Group set a $300.00 price objective on shares of Snowflake in a report on Monday, November 24th. Royal Bank Of Canada set a $245.00 target price on shares of Snowflake in a research note on Wednesday, February 11th. DA Davidson reissued a “buy” rating and set a $300.00 target price on shares of Snowflake in a research report on Friday, January 30th. Finally, Scotiabank restated an “outperform” rating on shares of Snowflake in a report on Thursday, December 4th.

Key Snowflake News

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 Transactions at Snowflake

In other news, SVP Vivek Raghunathan sold 11,801 shares of the company’s stock in a transaction that occurred 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 transaction, the senior vice president directly owned 218,020 shares in the company, valued at $48,060,328.80. The trade was a 5.13% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Frank Slootman sold 200,000 shares of the 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 completion of the sale, the director directly owned 50,329 shares of the company’s stock, valued at $10,406,527.33. This represents a 79.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 613,681 shares of company stock worth $130,573,518. Insiders own 6.80% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in SNOW. Avion Wealth raised its holdings in Snowflake by 76.6% in the 2nd quarter. Avion Wealth now owns 113 shares of the company’s stock valued at $25,000 after acquiring an additional 49 shares in the last quarter. Grey Fox Wealth Advisors LLC acquired a new position in shares of Snowflake in the third quarter valued at $25,000. Tripletail Wealth Management LLC bought a new position in Snowflake in the third quarter worth $28,000. Kemnay Advisory Services Inc. acquired a new stake in Snowflake during the fourth quarter worth $28,000. Finally, Rossby Financial LCC increased its holdings in Snowflake by 4,233.3% in the 2nd quarter. Rossby Financial LCC now owns 130 shares of the company’s stock valued at $29,000 after buying an additional 127 shares during the period. Institutional investors and hedge funds own 65.10% of the company’s stock.

Snowflake Price Performance

Shares of NYSE:SNOW opened at $177.21 on Friday. The company’s fifty day moving average is $206.83 and its two-hundred day moving average is $224.71. The company has a market cap of $60.64 billion, a P/E ratio of -43.86 and a beta of 1.14. Snowflake has a 12-month low of $120.10 and a 12-month high of $280.67. 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 released its earnings results on Wednesday, December 3rd. The company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.04. The company had revenue of $1.21 billion for the quarter, compared to analysts’ expectations 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 for the quarter was up 28.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.20 EPS. Equities analysts expect that Snowflake will post -2.36 earnings per share for the current fiscal year.

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.