Snowflake (SNOW) Stock Forecast, Price Target & Predictions

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SNOW Stock Forecast

Snowflake stock forecast is as follows: an average price target of $204.88 (represents a 58.67% upside from SNOW’s last price of $129.12) and a rating consensus of 'Buy', based on 43 wall street analysts offering a 1-year stock forecast.

SNOW Price Target

The average price target for Snowflake (SNOW) is $204.88 based on 1-year price targets from 43 Wall Street analysts in the past 3 months, with a price target range of $415.00 to $121.00. This represents a potential 58.67% upside from SNOW's last price of $129.12.

SNOW Analyst Ratings

Buy

According to 43 Wall Street analysts, Snowflake's rating consensus is 'Buy'. The analyst rating breakdown for SNOW stock is 0 'Strong Buy' (0.00%), 27 'Buy' (62.79%), 15 'Hold' (34.88%), 1 'Sell' (2.33%), and 0 'Strong Sell' (0.00%).

Snowflake Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Nov 06, 2024	Brian White	Monness	$140.00	$117.01	19.65%	8.43%
Sep 24, 2024	Blair Abernethy	Rosenblatt Securities	$180.00	$113.26	58.93%	39.41%
Aug 23, 2024	Stephen Bersey	HSBC	$121.00	$115.21	5.03%	-6.29%
Aug 22, 2024	Michael Turrin	Wells Fargo	$125.00	$135.06	-7.45%	-3.19%
Aug 22, 2024	Patrick Walravens	JMP Securities	$190.00	$135.06	40.68%	47.15%
Aug 21, 2024	Mark Schappel	Loop Capital Markets	$185.00	$131.92	40.24%	43.28%
Aug 20, 2024	Tyler Radke	Citigroup	$200.00	$131.42	52.18%	54.89%
Aug 19, 2024	Kirk Materne	Evercore ISI	$170.00	$128.04	32.77%	31.66%
Aug 19, 2024	Brad Reback	Stifel Nicolaus	$168.00	$128.04	31.21%	30.11%
Aug 19, 2024	Raimo Lenschow	Barclays	$146.00	$128.04	14.03%	13.07%

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The latest Snowflake stock forecast, released on Nov 06, 2024 by Brian White from Monness, set a price target of $140.00, which represents a 19.65% increase from the stock price at the time of the forecast ($117.01), and a 8.43% increase from SNOW last price ($129.12).

Snowflake Price Target by Period

	1M	3M	12M
# Anlaysts	1	6	46
Avg Price Target	$140.00	$156.83	$198.52
Last Closing Price	$129.12	$129.12	$129.12
Upside/Downside	8.43%	21.46%	53.75%

In the current month, the average price target of Snowflake stock is $140.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 8.43% increase as opposed to Snowflake's last price of $129.12. This month's average price target is down -10.73% compared to last quarter, and down -29.48% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Nov 13, 2024	Goldman Sachs	Conviction Buy	Conviction Buy	Hold
Nov 06, 2024	Monness	Neutral	Buy	Upgrade
Oct 22, 2024	William Blair	Sector Outperform	Sector Outperform	Hold
Oct 22, 2024	Cleveland Research	Buy	Neutral	Downgrade
Oct 17, 2024	Citigroup	Buy	Buy	Hold
Oct 11, 2024	Cowen & Co.	Buy	Buy	Hold
Oct 01, 2024	William Blair	Sector Outperform	Sector Outperform	Hold
Aug 23, 2024	HSBC	-	Hold	Upgrade
Aug 22, 2024	Wells Fargo	Equal-Weight	Equal-Weight	Hold
Aug 22, 2024	JMP Securities	Outperform	Outperform	Hold

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Snowflake's last stock rating was published by Goldman Sachs on Nov 13, 2024. The company gave SNOW a "Conviction Buy" rating, the same as its previous rate.

Snowflake Financial Forecast

Snowflake Revenue Forecast

	Jan 27	Oct 26	Jul 26	May 26	Jan 26	Oct 25	Jul 25	May 25	Jan 25	Oct 24	Jul 24	May 24	Jan 24	Oct 23	Jul 23	May 23	Jan 23	Oct 22	Jul 22	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20	Jul 20
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	$774.70M	$734.17M	$674.02M	-	$589.01M	$557.03M	$497.25M	-	$383.77M	$334.44M	$272.20M	-	$190.47M	$159.62M	$133.15M
Avg Forecast	$1.40B	$1.34B	$1.28B	$1.22B	$1.16B	$1.11B	$1.06B	$1.00B	$934.49M	$899.31M	$853.11M	$788.10M	$760.43M	$713.75M	$662.22M	$613.17M	$575.94M	$539.55M	$467.48M	$413.72M	$372.74M	$305.61M	$256.11M	$212.60M	$178.55M	$147.67M	$133.10M
High Forecast	$1.53B	$1.46B	$1.40B	$1.33B	$1.27B	$1.21B	$1.16B	$1.09B	$1.02B	$953.47M	$853.88M	$788.46M	$760.51M	$718.03M	$722.51M	$669.00M	$628.38M	$584.07M	$506.11M	$447.90M	$403.54M	$330.87M	$277.28M	$230.16M	$193.30M	$159.87M	$144.10M
Low Forecast	$1.38B	$1.33B	$1.27B	$1.21B	$1.15B	$1.10B	$1.05B	$990.87M	$923.85M	$892.97M	$852.35M	$787.75M	$760.35M	$710.20M	$654.84M	$606.34M	$569.53M	$534.61M	$463.25M	$409.97M	$369.37M	$302.85M	$253.80M	$210.67M	$176.93M	$146.33M	$131.90M
# Analysts	11	11	11	11	11	12	11	10	23	24	18	12	15	23	22	21	20	10	10	10	10	11	11	11	11	15	14
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.02%	1.03%	1.02%	-	1.02%	1.03%	1.06%	-	1.03%	1.09%	1.06%	-	1.07%	1.08%	1.00%

Snowflake's average Quarter revenue forecast for May 24 based on 12 analysts is $788.10M, with a low forecast of $787.75M, and a high forecast of $788.46M. SNOW's average Quarter revenue forecast represents a 1.73% increase compared to the company's last Quarter revenue of $774.70M (Jan 24).

Snowflake EBITDA Forecast

	Jan 27	Oct 26	Jul 26	May 26	Jan 26	Oct 25	Jul 25	May 25	Jan 25	Oct 24	Jul 24	May 24	Jan 24	Oct 23	Jul 23	May 23	Jan 23	Oct 22	Jul 22	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20	Jul 20
# Analysts	11	11	11	11	11	12	11	10	23	24	18	12	15	23	22	21	20	10	10	10	10	11	11	11	11	15	14
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	$-226.77M	$-228.15M	$-256.12M	-	$-220.02M	$-188.32M	$-191.56M	-	$-124.69M	$-148.16M	$-183.82M	-	$-194.38M	$-165.61M	$-74.86M
Avg Forecast	$-895.66M	$-857.64M	$-820.78M	$-779.65M	$-744.81M	$-711.11M	$-680.43M	$-640.83M	$-597.64M	$-575.13M	$-545.59M	$-266.48M	$-486.32M	$-456.47M	$-423.51M	$-242.26M	$-391.14M	$-344.80M	$-298.75M	$-220.24M	$-238.20M	$-195.30M	$-163.67M	$-205.81M	$-152.87M	$-94.37M	$-85.06M
High Forecast	$-885.68M	$-848.09M	$-811.64M	$-770.96M	$-736.51M	$-703.19M	$-672.85M	$-633.69M	$-590.83M	$-571.08M	$-545.10M	$-213.19M	$-486.27M	$-454.19M	$-418.79M	$-193.81M	$-312.91M	$-341.65M	$-296.04M	$-176.19M	$-236.05M	$-193.54M	$-162.19M	$-164.65M	$-122.29M	$-93.51M	$-84.29M
Low Forecast	$-977.21M	$-935.73M	$-895.51M	$-850.63M	$-812.62M	$-775.86M	$-742.38M	$-699.18M	$-652.50M	$-609.77M	$-546.08M	$-319.78M	$-486.37M	$-459.20M	$-462.07M	$-290.71M	$-469.37M	$-373.25M	$-323.43M	$-264.28M	$-257.89M	$-211.44M	$-177.20M	$-246.97M	$-183.44M	$-102.17M	$-92.09M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.47%	0.50%	0.60%	-	0.56%	0.55%	0.64%	-	0.52%	0.76%	1.12%	-	1.27%	1.75%	0.88%

undefined analysts predict SNOW's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Snowflake's previous annual EBITDA (undefined) of $NaN.

Snowflake Net Income Forecast

	Jan 27	Oct 26	Jul 26	May 26	Jan 26	Oct 25	Jul 25	May 25	Jan 25	Oct 24	Jul 24	May 24	Jan 24	Oct 23	Jul 23	May 23	Jan 23	Oct 22	Jul 22	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20	Jul 20
# Analysts	11	11	11	11	11	12	11	10	23	24	18	12	15	23	22	21	20	10	10	10	10	11	11	11	11	15	14
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	$-169.35M	$-214.25M	$-226.87M	-	$-207.48M	$-201.44M	$-222.81M	-	$-132.15M	$-154.86M	$-189.72M	-	$-198.94M	$-168.89M	$-77.63M
Avg Forecast	$127.01M	$118.97M	$107.93M	$94.69M	$88.02M	$81.10M	$73.40M	$64.52M	$40.48M	$50.78M	$53.79M	$-287.83M	$60.86M	$53.15M	$34.71M	$-261.66M	$-408.82M	$15.32M	$-3.98M	$-237.88M	$9.40M	$-19.04M	$-49.27M	$-210.64M	$-155.90M	$-87.13M	$-80.18M
High Forecast	$142.04M	$133.05M	$120.70M	$105.89M	$98.44M	$90.70M	$82.09M	$72.16M	$64.09M	$71.09M	$53.95M	$-230.26M	$61.06M	$86.37M	$38.82M	$-209.33M	$-327.06M	$16.97M	$-3.93M	$-190.30M	$10.41M	$-18.81M	$-48.69M	$-168.51M	$-124.72M	$-86.10M	$-79.23M
Low Forecast	$125.17M	$117.25M	$106.36M	$93.32M	$86.75M	$79.93M	$72.34M	$63.59M	$16.87M	$40.62M	$53.62M	$-345.40M	$60.66M	$16.61M	$34.21M	$-314.00M	$-490.58M	$15.14M	$-4.40M	$-285.45M	$9.29M	$-21.08M	$-54.56M	$-252.76M	$-187.08M	$-96.49M	$-88.79M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-2.78%	-4.03%	-6.54%	-	0.51%	-13.15%	56.05%	-	-14.05%	8.13%	3.85%	-	1.28%	1.94%	0.97%

Snowflake's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. SNOW's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

Snowflake SG&A Forecast

	Jan 27	Oct 26	Jul 26	May 26	Jan 26	Oct 25	Jul 25	May 25	Jan 25	Oct 24	Jul 24	May 24	Jan 24	Oct 23	Jul 23	May 23	Jan 23	Oct 22	Jul 22	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20	Jul 20
# Analysts	11	11	11	11	11	12	11	10	23	24	18	12	15	23	22	21	20	10	10	10	10	11	11	11	11	15	14
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	$441.81M	$433.78M	$427.04M	-	$380.98M	$360.94M	$348.00M	-	$278.47M	$255.03M	$248.13M	-	$213.96M	$188.26M	$123.85M
Avg Forecast	$1.33B	$1.27B	$1.22B	$1.16B	$1.10B	$1.05B	$1.01B	$949.84M	$885.82M	$852.47M	$808.68M	$606.52M	$720.82M	$676.57M	$627.72M	$551.38M	$545.94M	$511.45M	$443.13M	$392.17M	$353.33M	$289.70M	$242.77M	$201.52M	$173.78M	$139.98M	$126.17M
High Forecast	$1.45B	$1.39B	$1.33B	$1.26B	$1.20B	$1.15B	$1.10B	$1.04B	$967.13M	$903.81M	$809.40M	$727.82M	$720.90M	$680.63M	$684.88M	$661.65M	$595.65M	$553.65M	$479.75M	$424.57M	$382.52M	$313.63M	$262.83M	$218.18M	$208.53M	$151.54M	$136.59M
Low Forecast	$1.31B	$1.26B	$1.20B	$1.14B	$1.09B	$1.04B	$997.30M	$939.26M	$875.73M	$846.46M	$807.95M	$485.21M	$720.75M	$673.20M	$620.73M	$441.10M	$539.86M	$506.76M	$439.12M	$388.62M	$350.13M	$287.07M	$240.58M	$199.70M	$139.02M	$138.71M	$125.03M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.61%	0.64%	0.68%	-	0.70%	0.71%	0.79%	-	0.79%	0.88%	1.02%	-	1.23%	1.34%	0.98%

Snowflake's average Quarter SG&A projection for May 24 is $606.52M, based on 12 Wall Street analysts, with a range of $485.21M to $727.82M. The forecast indicates a 37.28% rise compared to SNOW last annual SG&A of $441.81M (Jan 24).

Snowflake EPS Forecast

	Jan 27	Oct 26	Jul 26	May 26	Jan 26	Oct 25	Jul 25	May 25	Jan 25	Oct 24	Jul 24	May 24	Jan 24	Oct 23	Jul 23	May 23	Jan 23	Oct 22	Jul 22	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20	Jul 20
# Analysts	11	11	11	11	11	12	11	10	23	24	18	12	15	23	22	21	20	10	10	10	10	11	11	11	11	15	14
EPS	-	-	-	-	-	-	-	-	-	-	-	-	$-0.51	$-0.65	$-0.69	-	$-0.64	$-0.63	$-0.70	-	$-0.43	$-0.51	$-0.64	-	$-0.70	$-1.01	$-0.28
Avg Forecast	$0.38	$0.36	$0.32	$0.28	$0.26	$0.24	$0.22	$0.19	$0.12	$0.15	$0.16	$0.18	$0.18	$0.16	$0.10	$0.08	$0.04	$0.05	$-0.01	-	$0.03	$-0.06	$-0.15	$-0.15	$-0.17	$-0.26	$-0.24
High Forecast	$0.43	$0.40	$0.36	$0.32	$0.29	$0.27	$0.25	$0.22	$0.19	$0.21	$0.16	$0.18	$0.18	$0.26	$0.12	$0.09	$0.05	$0.05	$-0.01	-	$0.03	$-0.06	$-0.15	$-0.15	$-0.17	$-0.26	$-0.24
Low Forecast	$0.37	$0.35	$0.32	$0.28	$0.26	$0.24	$0.22	$0.19	$0.05	$0.12	$0.16	$0.18	$0.18	$0.05	$0.10	$0.08	$0.04	$0.05	$-0.01	-	$0.03	$-0.06	$-0.16	$-0.17	$-0.19	$-0.29	$-0.27
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-2.80%	-4.09%	-6.64%	-	-14.79%	-13.74%	58.83%	-	-15.28%	8.95%	4.34%	-	4.13%	3.87%	1.17%

According to undefined Wall Street analysts, Snowflake's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to SNOW previous annual EPS of $NaN (undefined).

Snowflake Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
AI	C3.ai	$32.36	$70.50	117.86%	Buy
SNOW	Snowflake	$129.12	$204.88	58.67%	Buy
ZM	Zoom Video Communications	$78.86	$111.94	41.95%	Hold
INTU	Intuit	$650.60	$715.09	9.91%	Buy
WDAY	Workday	$259.44	$271.36	4.59%	Buy
ADSK	Autodesk	$307.84	$290.28	-5.70%	Buy
TTD	Trade Desk	$123.90	$113.04	-8.77%	Buy
SHOP	Shopify	$103.94	$91.91	-11.57%	Buy
CRM	Salesforce	$325.70	$275.26	-15.49%	Buy
NOW	ServiceNow	$1.02K	$831.13	-18.75%	Buy

SNOW Forecast FAQ

Is Snowflake a good buy?

Yes, according to 43 Wall Street analysts, Snowflake (SNOW) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 27 'Buy' recommendations, accounting for 62.79% of SNOW's total ratings.

What is SNOW's price target?

Snowflake (SNOW) average price target is $204.88 with a range of $121 to $415, implying a 58.67% from its last price of $129.12. The data is based on 43 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Snowflake stock go up soon?

According to Wall Street analysts' prediction for SNOW stock, the company can go up by 58.67% (from the last price of $129.12 to the average price target of $204.88), up by 221.41% based on the highest stock price target, and down by -6.29% based on the lowest stock price target.

Can Snowflake stock reach $200?

SNOW's average twelve months analyst stock price target of $204.88 supports the claim that Snowflake can reach $200 in the near future.

What is Snowflake's current price target trend?

1 Wall Street analyst forecast a $140 price target for Snowflake (SNOW) this month, up 8.43% from its last price of $129.12. Compared to the last 3 and 12 months, the average price target increased by 21.46% and increased by 53.75%, respectively.

What are Snowflake's analysts' financial forecasts?

Snowflake's analysts financial forecasts for the fiscal year (Jan 2026) are as follows: average revenue is $4.34B (high $4.74B, low $4.29B), average EBITDA is $-2.777B (high $-2.746B, low $-3.03B), average net income is $307.04M (high $343.38M, low $302.6M), average SG&A $4.12B (high $4.49B, low $4.07B), and average EPS is $0.919 (high $1.03, low $0.906). SNOW's analysts financial forecasts for the fiscal year (Jan 2027) are as follows: average revenue is $5.24B (high $5.72B, low $5.19B), average EBITDA is $-3.354B (high $-3.316B, low $-3.659B), average net income is $448.59M (high $501.69M, low $442.1M), average SG&A $4.97B (high $5.42B, low $4.92B), and average EPS is $1.34 (high $1.5, low $1.32).

Did the SNOW's actual financial results beat the analysts' financial forecasts?

Based on Snowflake's last annual report (Jan 2024), the company's revenue was $2.81B, beating the average analysts forecast of $2.75B by 2.07%. Apple's EBITDA was $-922M, missing the average prediction of $-1.609B by -42.68%. The company's net income was $-836M, beating the average estimation of $-113M by 640.27%. Apple's SG&A was $1.71B, missing the average forecast of $2.58B by -33.77%. Lastly, the company's EPS was $-2.55, missing the average prediction of $0.524 by -586.98%. In terms of the last quarterly report (Jan 2024), Snowflake's revenue was $774.7M, beating the average analysts' forecast of $760.43M by 1.88%. The company's EBITDA was $-227M, missing the average prediction of $-486M by -53.37%. Snowflake's net income was $-169M, missing the average estimation of $60.86M by -378.26%. The company's SG&A was $441.81M, missing the average forecast of $720.82M by -38.71%. Lastly, the company's EPS was $-0.51, missing the average prediction of $0.182 by -379.94%