Snowflake (NYSE:SNOW) Stock Price Up 5.4% After Better-Than-Expected Earnings

Snowflake Inc. (NYSE:SNOW) shares were up 5.4% on Wednesday following a better than expected earnings announcement. The stock traded as high as $170.47 and last traded at $169.7410. Approximately 12,613,062 shares changed hands during mid-day trading, an increase of 101% from the average daily volume of 6,262,440 shares. The stock had previously closed at $161.06.

The company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.05. Snowflake had a negative return on equity of 48.50% and a negative net margin of 28.43%.The company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.25 billion. During the same quarter in the prior year, the business posted $0.30 EPS. The firm’s quarterly revenue was up 30.1% on a year-over-year basis.

Key Headlines Impacting 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

Analysts Set New Price Targets

A number of analysts have recently commented on SNOW shares. Rosenblatt Securities reaffirmed a “buy” rating and issued a $275.00 price target on shares of Snowflake in a research note on Thursday. Robert W. Baird boosted their price objective on shares of Snowflake from $260.00 to $270.00 and gave the company an “outperform” rating in a report on Thursday, December 4th. Royal Bank Of Canada set a $245.00 target price on shares of Snowflake in a report on Wednesday, February 11th. Bank of America lifted their price target on shares of Snowflake from $280.00 to $310.00 and gave the stock a “buy” rating in a research report on Monday, November 17th. Finally, Citigroup lowered their price objective on shares of Snowflake from $300.00 to $270.00 and set a “buy” rating for the company in a research report on Wednesday, February 18th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, four have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, Snowflake currently has an average rating of “Moderate Buy” and a consensus price target of $248.58.

Insider Transactions at Snowflake

In other news, Director Frank Slootman sold 100,000 shares of Snowflake stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $176.91, for a total value of $17,691,000.00. Following the sale, the director directly owned 50,329 shares in the company, valued at $8,903,703.39. This trade represents a 66.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Christian Kleinerman sold 10,000 shares of the business’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $197.09, for a total transaction of $1,970,900.00. Following the completion of the sale, the executive vice president directly owned 461,351 shares in the company, valued at approximately $90,927,668.59. This represents a 2.12% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 713,681 shares of company stock worth $148,264,518 in the last 90 days. 6.80% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Snowflake

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

Snowflake Trading Down 2.7%

The company has a market cap of $57.63 billion, a P/E ratio of -42.64 and a beta of 1.14. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 1.07. The business has a 50 day moving average price of $198.95 and a 200-day moving average price of $222.58.

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.