Snowflake Inc. (NYSE:SNOW) Receives $274.68 Average Price Target from Brokerages

Shares of Snowflake Inc. (NYSE:SNOW) have been assigned a consensus rating of “Moderate Buy” from the forty-three research firms that are covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation, four have given a hold recommendation, thirty-four have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $274.6842.

SNOW has been the topic of a number of recent analyst reports. JMP Securities increased their price objective on shares of Snowflake from $283.00 to $325.00 and gave the company a “market outperform” rating in a research report on Tuesday, October 28th. DA Davidson reissued a “buy” rating and issued a $300.00 target price on shares of Snowflake in a report on Friday, January 30th. BTIG Research restated a “buy” rating and issued a $312.00 price target on shares of Snowflake in a research note on Thursday, December 4th. Piper Sandler reaffirmed an “overweight” rating and set a $285.00 price objective on shares of Snowflake in a research report on Thursday, December 4th. Finally, Wedbush reiterated an “outperform” rating and issued a $270.00 price objective on shares of Snowflake in a report on Thursday, December 4th.

Insider Activity at Snowflake

In other news, EVP Christian Kleinerman sold 10,000 shares of the company’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $197.09, for a total value of $1,970,900.00. Following the completion of the transaction, the executive vice president owned 461,351 shares in the company, valued at approximately $90,927,668.59. This represents a 2.12% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Michael L. Speiser sold 50,338 shares of Snowflake stock in a transaction on Friday, February 6th. The stock was sold at an average price of $165.22, for a total transaction of $8,316,844.36. Following the sale, the director owned 31,076 shares in the company, valued at $5,134,376.72. This represents a 61.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 613,681 shares of company stock valued at $130,573,518 in the last quarter. Company insiders own 6.80% of the company’s stock.

Institutional Trading of Snowflake

A number of large investors have recently made changes to their positions in the company. Sumitomo Mitsui Trust Group Inc. raised its holdings in shares of Snowflake by 1.1% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 732,092 shares of the company’s stock valued at $165,123,000 after buying an additional 8,002 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd acquired a new stake in Snowflake in the 2nd quarter valued at approximately $6,845,000. Federated Hermes Inc. raised its stake in Snowflake by 13.5% during the 3rd quarter. Federated Hermes Inc. now owns 408,037 shares of the company’s stock valued at $92,047,000 after acquiring an additional 48,411 shares in the last quarter. Penserra Capital Management LLC raised its stake in Snowflake by 32.8% during the 3rd quarter. Penserra Capital Management LLC now owns 153,358 shares of the company’s stock valued at $34,586,000 after acquiring an additional 37,911 shares in the last quarter. Finally, Rheos Capital Works Inc. boosted its position in Snowflake by 102.9% during the 3rd quarter. Rheos Capital Works Inc. now owns 207,000 shares of the company’s stock worth $46,689,000 after acquiring an additional 105,000 shares during the period. 65.10% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Deepened OpenAI tie-up and new AI tools — market reacted strongly to the expanded OpenAI relationship and product announcements that position Snowflake as a platform for enterprise AI agents. Snowflake (SNOW) Is Up 8.2% After Deepening OpenAI Tie-Up And Unveiling New AI Tools – What’s Changed
• Positive Sentiment: Deal frames enterprise AI agent opportunity — coverage explains how the OpenAI tie-up could accelerate adoption of AI agents on Snowflake’s data cloud. Snowflake OpenAI Deal Puts Enterprise AI Agents At Center Stage
• Positive Sentiment: Analysts reaffirm bullish view on Snowflake’s AI strategy — analyst commentary supports the market’s positive reaction and may sustain increased investor interest. Analysts Reaffirm Bullish View on Snowflake Inc.’s (SNOW) AI Strategy
• Positive Sentiment: New commercial partnership with U.S. Figure Skating — expands Snowflake’s vertical use cases (athlete performance, fan engagement) and showcases go-to-market momentum. U.S. Figure Skating Elevates Athlete Development and Fan Engagement with Snowflake Intelligence
• Positive Sentiment: Notable buy by CNBC’s Amy Raskin — publicized insider/portfolio manager buying can be read as a vote of confidence. Trade Tracker: Amy Raskin buys more Cadence, Snowflake and Impinj
• Neutral Sentiment: Street rating remains constructive but measured — analysts give an average “Moderate Buy” rating, indicating continued conviction but not unanimous enthusiasm. Snowflake Inc. (NYSE:SNOW) Given Average Rating of “Moderate Buy” by Analysts
• Negative Sentiment: Johnson Fistel launches securities probe — law firm soliciting shareholders about potential claims could increase legal overhang and investor uncertainty. Snowflake Inc. (SNOW) Shareholders Are Encouraged to Reach Out to Johnson Fistel for More Information about Potentially Recovering Their Losses
• Negative Sentiment: Pomerantz begins investor investigation — a second law firm action raises the risk of litigation costs and management distraction. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Snowflake Inc. – SNOW
• Negative Sentiment: Recent share pullback noted by market commentary — short-term volatility and a recent decline vs. the market are reminders of execution and sentiment risks. Snowflake Inc. (SNOW) Registers a Bigger Fall Than the Market: Important Facts to Note

Snowflake Price Performance

Shares of NYSE SNOW opened at $182.37 on Friday. 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 company has a market cap of $62.41 billion, a price-to-earnings ratio of -45.14 and a beta of 1.14. The stock’s 50-day moving average is $208.60 and its two-hundred day moving average is $225.20. Snowflake has a 1-year low of $120.10 and a 1-year high of $280.67.

Snowflake (NYSE:SNOW) last announced its quarterly earnings data on Wednesday, December 3rd. The company reported $0.35 earnings per share (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 business had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.18 billion. During the same quarter last year, the business posted $0.20 EPS. The business’s quarterly revenue was up 28.7% compared to the same quarter last year. Analysts forecast that Snowflake will post -2.36 EPS for the current fiscal year.

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.