Snowflake (NYSE:SNOW) Stock Rating Lowered by Zacks Research

Snowflake (NYSE:SNOW) was downgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report released on Tuesday,Zacks.com reports.

A number of other research firms also recently issued reports on SNOW. Citigroup lowered their target price on shares of Snowflake from $310.00 to $300.00 and set a “buy” rating for the company in a report on Monday, December 8th. Macquarie boosted their price objective on shares of Snowflake from $235.00 to $250.00 and gave the company a “neutral” rating in a research note on Thursday, December 4th. Scotiabank restated an “outperform” rating on shares of Snowflake in a report on Thursday, December 4th. Argus upgraded Snowflake from a “hold” rating to a “buy” rating and set a $300.00 target price on the stock in a report on Thursday, January 8th. Finally, DA Davidson reissued a “buy” rating and set a $300.00 price target on shares of Snowflake in a research report on Friday, January 30th. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, four have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $275.58.

Snowflake Stock Performance

NYSE SNOW opened at $165.00 on Tuesday. The business’s 50-day moving average price is $219.07 and its 200 day moving average price is $227.23. 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 twelve month low of $120.10 and a twelve month high of $280.67. The company has a market capitalization of $56.46 billion, a PE ratio of -40.84 and a beta of 1.14.

Snowflake (NYSE:SNOW) last posted its quarterly earnings results on Wednesday, December 3rd. The company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.31 by $0.04. Snowflake had a negative return on equity of 45.91% and a negative net margin of 30.76%.The company had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.18 billion. During the same quarter in the previous year, the business earned $0.20 EPS. The firm’s revenue was up 28.7% on a year-over-year basis. On average, research analysts predict that Snowflake will post -2.36 earnings per share for the current year.

Insider Buying and Selling

In other Snowflake 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 value of $2,601,412.44. Following the completion of the transaction, the senior vice president owned 218,020 shares in the company, valued at $48,060,328.80. This represents a 5.13% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Christian Kleinerman sold 10,000 shares of the stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $249.53, for a total transaction of $2,495,300.00. Following the completion of the sale, the executive vice president directly owned 512,450 shares of the company’s stock, valued at $127,871,648.50. This trade represents a 1.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 613,681 shares of company stock valued at $135,245,745. Insiders own 6.80% of the company’s stock.

Institutional Investors Weigh In On Snowflake

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Strategic Family Wealth Counselors L.L.C. purchased a new position in Snowflake in the 4th quarter valued at about $241,000. Stonebridge Financial Group LLC MO purchased a new stake in shares of Snowflake during the fourth quarter worth about $365,000. Summit Wealth Group LLC Co. acquired a new position in shares of Snowflake in the fourth quarter worth about $251,000. Ameritas Advisory Services LLC purchased a new position in Snowflake in the fourth quarter valued at about $216,000. Finally, Atlantic Union Bankshares Corp grew its stake in Snowflake by 13.1% during the 4th quarter. Atlantic Union Bankshares Corp now owns 9,876 shares of the company’s stock valued at $2,166,000 after purchasing an additional 1,147 shares in the last quarter. Hedge funds and other institutional investors own 65.10% of the company’s stock.

Snowflake News Summary

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Snowflake announced a multi‑year, $200 million partnership to bring OpenAI models (e.g., GPT family) natively into its platform — this can drive meaningful compute consumption if customers run those models on Snowflake data. Read More.
• Positive Sentiment: New product releases (Cortex Code, Semantic View Autopilot, Snowflake Postgres) broaden use cases and reduce friction for enterprise AI projects, which should support higher long‑term consumption. Read More.
• Positive Sentiment: Customer traction: United Rentals rolled out a Snowflake‑built Business Intelligence Agent across 1,600+ branches — a concrete example of enterprise adoption that can translate into recurring consumption. Read More.
• Neutral Sentiment: Market commentary is mixed — analysts generally remain constructive, but investors want evidence (upward guidance or faster AI consumption) rather than headlines; the “show‑me” moment will be upcoming guidance/earnings. Read More.
• Negative Sentiment: Insider selling: EVP Christian Kleinerman sold 10,000 shares recently — an SEC Form 4 disclosure that can add short‑term selling pressure. Read More.
• Negative Sentiment: Legal risk: Johnson Fistel launched an investigation into whether Snowflake or its officers complied with securities laws, increasing uncertainty and headline risk. Read More.
• Negative Sentiment: Shares have fallen more than peers amid profit‑taking and AI skepticism — traders are worried about rising costs from running large models versus near‑term margin impact. Read More.

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.