Sanford C. Bernstein Has Lowered Expectations for Snowflake (NYSE:SNOW) Stock Price

Snowflake (NYSE:SNOW) had its price objective decreased by analysts at Sanford C. Bernstein from $237.00 to $195.00 in a report issued on Thursday,Benzinga reports. The firm presently has a “market perform” rating on the stock. Sanford C. Bernstein’s price objective points to a potential upside of 15.78% from the stock’s previous close.

Several other equities research analysts have also issued reports on SNOW. Rosenblatt Securities reiterated a “buy” rating and set a $275.00 price target on shares of Snowflake in a report on Thursday. Monness Crespi & Hardt raised their price objective on shares of Snowflake from $275.00 to $282.00 and gave the company a “buy” rating in a research report on Thursday. Oppenheimer reissued a “buy” rating on shares of Snowflake in a research report on Thursday. Piper Sandler cut their price target on shares of Snowflake from $285.00 to $230.00 and set an “overweight” rating on the stock in a report on Thursday. Finally, 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. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, four have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, Snowflake presently has a consensus rating of “Moderate Buy” and a consensus price target of $248.58.

Snowflake Trading Down 2.7%

NYSE:SNOW opened at $168.42 on Thursday. 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 cap of $57.63 billion, a PE ratio of -42.64 and a beta of 1.14. The stock’s 50-day moving average is $198.95 and its two-hundred day moving average is $222.58. Snowflake has a fifty-two week low of $120.10 and a fifty-two week high of $280.67.

Snowflake (NYSE:SNOW) last released its quarterly earnings data on Wednesday, February 25th. The company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.05. Snowflake had a negative net margin of 28.43% and a negative return on equity of 48.50%. The firm had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.25 billion. During the same quarter in the prior year, the business earned $0.30 EPS. The company’s revenue for the quarter was up 30.1% compared to the same quarter last year. As a group, equities research analysts forecast that Snowflake will post -2.36 earnings per share for the current fiscal year.

Insider Activity at Snowflake

In other news, Director Michael L. Speiser sold 403 shares of the company’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $165.22, for a total transaction of $66,583.66. Following the completion of the transaction, the director owned 23,718 shares of the company’s stock, valued at approximately $3,918,687.96. This represents a 1.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, 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 transaction of $2,601,412.44. Following the completion of the sale, the senior vice president directly owned 218,020 shares in the company, valued at $48,060,328.80. This trade represents a 5.13% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 713,681 shares of company stock valued at $148,264,518. Company insiders own 6.80% of the company’s stock.

Hedge Funds Weigh In On Snowflake

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Grey Fox Wealth Advisors LLC acquired a new stake in shares of Snowflake in the 3rd quarter valued at approximately $25,000. Tripletail Wealth Management LLC acquired a new position in Snowflake during the third quarter valued at approximately $28,000. Kemnay Advisory Services Inc. bought a new stake in Snowflake in the fourth quarter valued at approximately $28,000. Rossby Financial LCC increased its stake in Snowflake by 4,233.3% in the second quarter. Rossby Financial LCC now owns 130 shares of the company’s stock valued at $29,000 after purchasing an additional 127 shares in the last quarter. Finally, Greenline Wealth Management LLC acquired a new stake in Snowflake in the fourth quarter worth $29,000. 65.10% of the stock is currently owned by institutional investors and hedge funds.

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.