Snowflake (SNOW) Stock Forecast, Price Target & Predictions
SNOW Stock Forecast
Snowflake stock forecast is as follows: an average price target of $164.58 (represents a -1.11% downside from SNOW’s last price of $166.42) 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 $164.58 based on 1-year price targets from 43 Wall Street analysts in the past 3 months, with a price target range of $200.00 to $121.00. This represents a potential -1.11% downside from SNOW's last price of $166.42.
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 25, 2024 | Daniel Ives | Wedbush | $190.00 | $167.44 | 13.47% | 14.17% |
| Nov 06, 2024 | Brian White | Monness | $140.00 | $117.01 | 19.65% | -15.88% |
| Sep 24, 2024 | Blair Abernethy | Rosenblatt Securities | $180.00 | $113.26 | 58.93% | 8.16% |
| Aug 23, 2024 | Stephen Bersey | HSBC | $121.00 | $115.21 | 5.03% | -27.29% |
| Aug 22, 2024 | Michael Turrin | Wells Fargo | $125.00 | $135.06 | -7.45% | -24.89% |
| Aug 22, 2024 | Patrick Walravens | JMP Securities | $190.00 | $135.06 | 40.68% | 14.17% |
| Aug 21, 2024 | Mark Schappel | Loop Capital Markets | $185.00 | $131.92 | 40.24% | 11.16% |
| Aug 20, 2024 | Tyler Radke | Citigroup | $200.00 | $131.42 | 52.18% | 20.18% |
| Aug 19, 2024 | Kirk Materne | Evercore ISI | $170.00 | $128.04 | 32.77% | 2.15% |
| Aug 19, 2024 | Brad Reback | Stifel Nicolaus | $168.00 | $128.04 | 31.21% | 0.95% |
| Aug 19, 2024 | Raimo Lenschow | Barclays | $146.00 | $128.04 | 14.03% | -12.27% |
| Aug 16, 2024 | Brad Sills | Bank of America Securities | $160.00 | $127.05 | 25.93% | -3.86% |
| Jun 21, 2024 | Michael Turrin | Wells Fargo | $200.00 | $126.62 | 57.95% | 20.18% |
| Jun 13, 2024 | Karl Keirstead | UBS | $171.00 | $130.33 | 31.21% | 2.75% |
| Jun 07, 2024 | Brent Thill | Jefferies | $160.00 | $131.21 | 21.94% | -3.86% |
| Jun 06, 2024 | Eric Heath | KeyBanc | $168.00 | $132.93 | 26.38% | 0.95% |
| Jun 05, 2024 | Matt Hedgberg | RBC Capital | $183.00 | $137.00 | 33.58% | 9.96% |
| Jun 05, 2024 | Raimo Lenschow | Barclays | $191.00 | $137.00 | 39.42% | 14.77% |
| May 30, 2024 | Brad Zelnick | Deutsche Bank | $220.00 | $141.07 | 55.95% | 32.20% |
| May 24, 2024 | Frederick Havemeyer | Macquarie | $200.00 | $158.01 | 26.57% | 20.18% |
| May 23, 2024 | Matthew Hedberg | RBC Capital | $226.00 | $153.28 | 47.44% | 35.80% |
| May 23, 2024 | Joel Fishbein | Truist Financial | $210.00 | $153.28 | 37.00% | 26.19% |
| May 23, 2024 | Patrick Colville | Scotiabank | $195.00 | $157.28 | 23.98% | 17.17% |
| May 23, 2024 | Brad Reback | Stifel Nicolaus | $200.00 | $155.49 | 28.63% | 20.18% |
| May 23, 2024 | Mark Moerdler | Bernstein | $185.00 | $163.34 | 13.26% | 11.16% |
| May 23, 2024 | Mark Schappel | Loop Capital Markets | $225.00 | $157.18 | 43.15% | 35.20% |
| May 23, 2024 | Mike Cikos | Needham | $210.00 | $155.93 | 34.68% | 26.19% |
| May 23, 2024 | Blair Abernethy | Rosenblatt Securities | $195.00 | $156.41 | 24.67% | 17.17% |
| May 23, 2024 | William Power | Robert W. Baird | $200.00 | $156.63 | 27.69% | 20.18% |
| May 23, 2024 | Kash Rangan | Goldman Sachs | $220.00 | $163.34 | 34.69% | 32.20% |
| May 23, 2024 | Karl Keirstead | UBS | $190.00 | $163.34 | 16.32% | 14.17% |
| May 23, 2024 | Kirk Materne | Evercore ISI | $225.00 | $163.34 | 37.75% | 35.20% |
| May 23, 2024 | Eric Heath | KeyBanc | $200.00 | $156.92 | 27.45% | 20.18% |
| May 20, 2024 | Matt Hedgberg | RBC Capital | $220.00 | $161.86 | 35.92% | 32.20% |
| May 20, 2024 | Michael Turrin | Wells Fargo | $225.00 | $164.78 | 36.55% | 35.20% |
| May 02, 2024 | Stefan Slowinski | BNP Paribas | $200.00 | $156.14 | 28.09% | 20.18% |
| Apr 11, 2024 | Eric Heath | KeyBanc | $185.00 | $152.97 | 20.94% | 11.16% |
| Mar 27, 2024 | Brent Thill | Jefferies | $210.00 | $158.02 | 32.89% | 26.19% |
| Feb 29, 2024 | Brent Bracelin | Piper Sandler | $240.00 | $188.58 | 27.27% | 44.21% |
| Feb 29, 2024 | Ittai Kidron | Oppenheimer | $220.00 | $188.58 | 16.66% | 32.20% |
| Feb 29, 2024 | Kingsley Crane | Canaccord Genuity | $230.00 | $188.58 | 21.96% | 38.20% |
| Feb 28, 2024 | Brent Bracelin | Piper Sandler | $250.00 | $231.11 | 8.17% | 50.22% |
| Feb 28, 2024 | Raimo Lenschow | Barclays | $198.00 | $231.11 | -14.33% | 18.98% |
| Feb 28, 2024 | Tyler Radke | Citigroup | $290.00 | $231.11 | 25.48% | 74.26% |
| Feb 27, 2024 | Mike Cikos | Needham | $265.00 | $234.03 | 13.23% | 59.24% |
| Feb 22, 2024 | Mark R Murphy | New Street | $200.00 | $223.29 | -10.43% | 20.18% |
| Nov 30, 2023 | Ittai Kidron | Oppenheimer | $240.00 | $185.58 | 29.32% | 44.21% |
| Aug 24, 2023 | Kash Rangan | Goldman Sachs | $210.00 | $146.98 | 42.88% | 26.19% |
| Aug 24, 2023 | Gregg Moskowitz | Mizuho Securities | $180.00 | $147.05 | 22.41% | 8.16% |
| Aug 22, 2023 | Raimo Lenschow | Barclays | $190.00 | $152.82 | 24.33% | 14.17% |
| Jul 03, 2023 | Bernstein Ratings | Bernstein | $125.00 | $175.98 | -28.97% | -24.89% |
| Jun 21, 2023 | Mike Cikos | Needham | $216.00 | $176.64 | 22.28% | 29.79% |
| May 25, 2023 | Mike Cikos | Needham | $180.00 | $147.67 | 21.90% | 8.16% |
| May 25, 2023 | Ittai Kidron | Oppenheimer | $190.00 | $147.67 | 28.67% | 14.17% |
| May 25, 2023 | Simon Leopold | Raymond James | $170.00 | $147.67 | 15.12% | 2.15% |
| May 25, 2023 | Keith Weiss | Morgan Stanley | $215.00 | $147.67 | 45.60% | 29.19% |
| May 25, 2023 | Blair Abernethy | Rosenblatt Securities | $185.00 | $149.55 | 23.70% | 11.16% |
| May 24, 2023 | Karl Keirstead | UBS | $140.00 | $175.16 | -20.07% | -15.88% |
| May 24, 2023 | Brad Reback | Stifel Nicolaus | $185.00 | $175.16 | 5.62% | 11.16% |
| Mar 02, 2023 | Brent Bracelin | Piper Sandler | $194.00 | $132.31 | 46.62% | 16.57% |
| Jan 06, 2023 | Michael Turrin | Wells Fargo | $170.00 | $125.22 | 35.77% | 2.15% |
| Dec 15, 2022 | Wedbush | $144.00 | $149.20 | -3.49% | -13.47% | |
| Dec 01, 2022 | Mike Cikos | Needham | $165.00 | $152.17 | 8.43% | -0.85% |
| Dec 01, 2022 | Gregg Moskowitz | Mizuho Securities | $185.00 | $152.17 | 21.58% | 11.16% |
| Dec 01, 2022 | Simon Leopold | Raymond James | $165.00 | $148.99 | 10.75% | -0.85% |
| Nov 02, 2022 | Frederick Havemeyer | Macquarie | $173.00 | $159.50 | 8.46% | 3.95% |
| Sep 16, 2022 | Mike Cikos | Needham | $240.00 | $196.49 | 22.14% | 44.21% |
| Aug 25, 2022 | Keith Weiss | Morgan Stanley | $274.00 | $196.05 | 39.76% | 64.64% |
| Aug 25, 2022 | Kirk Materne | Evercore ISI | $239.00 | $159.49 | 49.85% | 43.61% |
| Aug 25, 2022 | Patrick Walravens | JMP Securities | $215.00 | $159.49 | 34.80% | 29.19% |
| Aug 25, 2022 | Blair Abernethy | Rosenblatt Securities | $245.00 | $159.49 | 53.61% | 47.22% |
| Aug 25, 2022 | Simon Leopold | Raymond James | $197.00 | $159.49 | 23.52% | 18.38% |
| Aug 22, 2022 | John DiFucci | Guggenheim | $125.00 | $150.82 | -17.12% | -24.89% |
| Aug 19, 2022 | Gregg Moskowitz | Mizuho Securities | $200.00 | $152.17 | 31.43% | 20.18% |
| Jul 11, 2022 | Alex Haissl | Redburn Partners | $125.00 | $159.68 | -21.72% | -24.89% |
| Jun 28, 2022 | Brent Thill | Jefferies | $200.00 | $148.15 | 35.00% | 20.18% |
| Jun 23, 2022 | Mark Murphy | J.P. Morgan | $165.00 | $127.36 | 29.55% | -0.85% |
| Jun 15, 2022 | Mark Murphy | Canaccord Genuity | $165.00 | $117.84 | 40.02% | -0.85% |
| Jun 15, 2022 | David Hynes | Canaccord Genuity | $185.00 | $113.87 | 62.47% | 11.16% |
| Jun 11, 2022 | Simon Leopold | Raymond James | $184.00 | $122.42 | 50.30% | 10.56% |
| May 31, 2022 | Keith Weiss | Morgan Stanley | $295.00 | $129.91 | 127.08% | 77.26% |
| May 26, 2022 | Brent Bracelin | Piper Sandler | $255.00 | $126.62 | 101.39% | 53.23% |
| May 26, 2022 | Raimo Lenschow | Barclays | $158.00 | $119.64 | 32.07% | -5.06% |
| May 26, 2022 | Brad Reback | Stifel Nicolaus | $120.00 | $119.64 | 0.30% | -27.89% |
| May 26, 2022 | Tyler Radke | Citigroup | $175.00 | $126.80 | 38.01% | 5.16% |
| May 26, 2022 | Kirk Materne | Evercore ISI | $175.00 | $126.80 | 38.01% | 5.16% |
| May 26, 2022 | Blair Abernethy | Rosenblatt Securities | $255.00 | $126.80 | 101.10% | 53.23% |
| May 26, 2022 | Joel Fishbein | Truist Financial | $200.00 | $126.80 | 57.73% | 20.18% |
| May 26, 2022 | Brent Bracelin | Piper Sandler | $165.00 | $126.80 | 30.13% | -0.85% |
| May 26, 2022 | Mark Schappel | Loop Capital Markets | $180.00 | $126.80 | 41.96% | 8.16% |
| May 26, 2022 | Mark Murphy | J.P. Morgan | $200.00 | $126.80 | 57.73% | 20.18% |
| May 26, 2022 | Patrick Walravens | JMP Securities | $180.00 | $126.80 | 41.96% | 8.16% |
| May 26, 2022 | Peter Sazel | Atlantic Equities | $140.00 | $126.80 | 10.41% | -15.88% |
| May 23, 2022 | Keith Weiss | Morgan Stanley | $322.00 | $141.49 | 127.58% | 93.49% |
| May 21, 2022 | Raimo Lenschow | Barclays | $218.00 | $141.49 | 54.07% | 30.99% |
| May 20, 2022 | Gregg Moskowitz | Mizuho Securities | $225.00 | $146.82 | 53.25% | 35.20% |
| May 14, 2022 | Joel Fishbein | Truist Financial | $300.00 | $158.36 | 89.44% | 80.27% |
| Apr 25, 2022 | Allan Verkhovski | Wolfe Research | $250.00 | $186.94 | 33.73% | 50.22% |
| Apr 04, 2022 | Peter Sazel | Atlantic Equities | $240.00 | $241.23 | -0.51% | 44.21% |
| Mar 03, 2022 | Brent Thill | Jefferies | $230.00 | $224.02 | 2.67% | 38.20% |
| Mar 03, 2022 | Tyler Radke | Citigroup | $310.00 | $224.02 | 38.38% | 86.28% |
| Mar 03, 2022 | Mark Murphy | J.P. Morgan | $270.00 | $224.02 | 20.52% | 62.24% |
| Mar 03, 2022 | Patrick Walravens | JMP Securities | $385.00 | $224.02 | 71.86% | 131.34% |
| Mar 03, 2022 | Philip Winslow | Credit Suisse | $415.00 | $224.02 | 85.25% | 149.37% |
| Mar 03, 2022 | Derrick Wood | Cowen & Co. | $390.00 | $224.02 | 74.09% | 134.35% |
| Mar 03, 2022 | Blair Abernethy | Rosenblatt Securities | $325.00 | $224.02 | 45.08% | 95.29% |
| Mar 02, 2022 | Brad Zelnick | Deutsche Bank | $300.00 | $264.69 | 13.34% | 80.27% |
| Mar 02, 2022 | Gray Powell | BTIG | $359.00 | $264.69 | 35.63% | 115.72% |
| Mar 01, 2022 | Brent Bracelin | Piper Sandler | $397.00 | $263.19 | 50.84% | 138.55% |
| Feb 22, 2022 | Kash Rangan | Goldman Sachs | $380.00 | $267.78 | 41.91% | 128.34% |
| Feb 07, 2022 | Keith Weiss | Morgan Stanley | $390.00 | $293.19 | 33.02% | 134.35% |
| Jan 25, 2022 | Mark Schappel | Loop Capital Markets | $370.00 | $263.43 | 40.45% | 122.33% |
| Jan 23, 2022 | Brad Zelnick | Deutsche Bank | $375.00 | $267.56 | 40.16% | 125.33% |
| Jan 18, 2022 | Raimo Lenschow | Barclays | $367.00 | $287.68 | 27.57% | 120.53% |
| Jan 18, 2022 | Kamil Mielczarek | William Blair | $330.00 | $287.68 | 14.71% | 98.29% |
| Dec 02, 2021 | Ittai Kidron | Oppenheimer | $400.00 | $360.28 | 11.02% | 140.36% |
| Dec 02, 2021 | Shebly Seyrafi | FBN Securities | $400.00 | $360.28 | 11.02% | 140.36% |
| Nov 12, 2021 | Karl Keirstead | UBS | $440.00 | $386.50 | 13.84% | 164.39% |
| May 27, 2021 | Andrew Nowinski | Wells Fargo | $275.00 | $245.15 | 12.18% | 65.24% |
The latest Snowflake stock forecast, released on Nov 25, 2024 by Daniel Ives from Wedbush, set a price target of $190.00, which represents a 13.47% increase from the stock price at the time of the forecast ($167.44), and a 14.17% increase from SNOW last price ($166.42).
Snowflake Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 3 | 46 |
| Avg Price Target | $190.00 | $170.00 | $197.43 |
| Last Closing Price | $166.42 | $166.42 | $166.42 |
| Upside/Downside | 14.17% | 2.15% | 18.63% |
In the current month, the average price target of Snowflake stock is $190.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 14.17% increase as opposed to Snowflake's last price of $166.42. This month's average price target is up 11.76% compared to last quarter, and down -3.76% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 21, 2024 | KeyBanc | Overweight | Overweight | Hold |
| Nov 15, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| 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 |
| Aug 21, 2024 | UBS | Neutral | Neutral | Hold |
| Aug 21, 2024 | Loop Capital Markets | Buy | Buy | Hold |
| Aug 20, 2024 | Citigroup | Buy | Buy | Hold |
| Aug 19, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| Aug 19, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Aug 19, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Aug 16, 2024 | KeyBanc | Overweight | Overweight | Hold |
| Aug 15, 2024 | William Blair | Buy | Buy | Hold |
| Aug 15, 2024 | Raymond James | Outperform | Market Perform | Downgrade |
| Aug 15, 2024 | Sidoti & Co. | Buy | Downgrade | |
| Aug 15, 2024 | Wells Fargo | Underperform | Equal-Weight | Downgrade |
| Jul 08, 2024 | Needham | Buy | Buy | Hold |
| Jun 21, 2024 | William Blair | Buy | Buy | Hold |
| Jun 21, 2024 | Wells Fargo | Underperform | Underperform | Hold |
| Jun 21, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Jun 13, 2024 | UBS | Neutral | Neutral | Hold |
| Jun 12, 2024 | Citigroup | Buy | Buy | Hold |
| Jun 12, 2024 | Bank of America Securities | Neutral | Neutral | Hold |
| Jun 07, 2024 | Jefferies | Buy | Buy | Hold |
| Jun 06, 2024 | KeyBanc | Overweight | Overweight | Hold |
| May 30, 2024 | Deutsche Bank | Buy | Buy | Hold |
| May 24, 2024 | Macquarie | Outperform | Outperform | Hold |
| May 24, 2024 | Canaccord Genuity | Buy | Buy | Hold |
| May 23, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| May 23, 2024 | Rosenblatt Securities | Buy | Buy | Hold |
| May 23, 2024 | Scotiabank | Outperform | Outperform | Hold |
| May 23, 2024 | Bernstein | Market Perform | Market Perform | Hold |
| May 23, 2024 | Loop Capital Markets | Buy | Buy | Hold |
| May 23, 2024 | Scotiabank | Sector Outperform | Sector Outperform | Hold |
| May 23, 2024 | Needham | Buy | Buy | Hold |
| May 23, 2024 | BTIG | Neutral | Neutral | Hold |
| May 23, 2024 | Goldman Sachs | Buy | Buy | Hold |
| May 23, 2024 | UBS | Neutral | Neutral | Hold |
| May 23, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| May 23, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| May 21, 2024 | Cowen & Co. | Buy | Buy | Hold |
| May 21, 2024 | Citigroup | Buy | Buy | Hold |
| May 20, 2024 | RBC Capital | Outperform | Outperform | Hold |
| May 20, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| May 16, 2024 | KeyBanc | Overweight | Overweight | Hold |
| May 16, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| May 15, 2024 | William Blair | Market Outperform | Market Outperform | Hold |
| May 15, 2024 | Bank of America Securities | Neutral | Neutral | Hold |
| May 02, 2024 | Exane BNP Paribas | Neutral | Outperform | Upgrade |
| Apr 11, 2024 | KeyBanc | Overweight | Initialise | |
| Apr 05, 2024 | William Blair | Market Outperform | Market Outperform | Hold |
| Mar 27, 2024 | Jefferies | Buy | Buy | Hold |
| Mar 18, 2024 | Monness | Neutral | Upgrade | |
| Mar 15, 2024 | Wedbush | Market Outperform | Market Outperform | Hold |
| Mar 15, 2024 | Guggenheim | Sell | Neutral | Upgrade |
| Feb 29, 2024 | Morgan Stanley | Overweight | Equal-Weight | Downgrade |
| Feb 29, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| Feb 29, 2024 | Canaccord Genuity | Buy | Buy | Hold |
| Feb 29, 2024 | CFRA | Buy | Upgrade | |
| Feb 29, 2024 | Macquarie | Neutral | Outperform | Upgrade |
| Feb 28, 2024 | Citigroup | Buy | Buy | Hold |
| Feb 28, 2024 | UBS | Neutral | Neutral | Hold |
| Feb 28, 2024 | Needham | Buy | Buy | Hold |
| Feb 28, 2024 | Barclays | Overweight | Equal-Weight | Downgrade |
| Feb 28, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Feb 23, 2024 | Cleveland Research | Buy | Upgrade | |
| Feb 02, 2024 | Wells Fargo | Buy | Buy | Hold |
| Feb 02, 2024 | Truist Financial | Underperform | Underperform | Hold |
| Jan 05, 2024 | RBC Capital | Outperform | Initialise | |
| Jan 05, 2024 | Wells Fargo | Buy | Buy | Hold |
| Nov 30, 2023 | Scotiabank | Sector Outperform | Sector Outperform | Hold |
| Nov 30, 2023 | Goldman Sachs | Buy | Buy | Hold |
| Nov 30, 2023 | Mizuho Securities | Buy | Buy | Hold |
| Nov 30, 2023 | Oppenheimer | Outperform | Outperform | Hold |
| Nov 30, 2023 | Morgan Stanley | Overweight | Overweight | Hold |
| Nov 30, 2023 | Piper Sandler | Overweight | Overweight | Hold |
| Nov 30, 2023 | Needham | Buy | Buy | Hold |
| Aug 24, 2023 | Wells Fargo | Overweight | Overweight | Hold |
| Aug 24, 2023 | Raymond James | Outperform | Outperform | Hold |
| Aug 24, 2023 | Barclays | Overweight | Overweight | Hold |
| Aug 24, 2023 | Mizuho Securities | Buy | Buy | Hold |
| Aug 24, 2023 | Piper Sandler | Hold | Hold | Hold |
| Aug 24, 2023 | Goldman Sachs | Buy | Buy | Hold |
| Aug 24, 2023 | Needham | Positive | Positive | Hold |
| Aug 24, 2023 | Piper Sandler | Overweight | Overweight | Hold |
| Aug 22, 2023 | Citigroup | Sell | Sell | Hold |
| Aug 22, 2023 | Needham | Buy | Buy | Hold |
| Aug 21, 2023 | Citigroup | Buy | Buy | Hold |
| Jul 19, 2023 | Exane BNP Paribas | Neutral | Upgrade | |
| Jul 13, 2023 | Morgan Stanley | Overweight | Underweight | Downgrade |
| Jul 13, 2023 | WestPark Capital | Underweight | Downgrade | |
| Jul 13, 2023 | Loop Capital Markets | Buy | Sell | Downgrade |
| Jul 13, 2023 | Scotiabank | Outperform | Perform | Downgrade |
| Jul 13, 2023 | BMO Capital | Market Perform | Downgrade | |
| Jul 13, 2023 | Keefe, Bruyette & Woods | Market Perform | Upgrade | |
| Jul 13, 2023 | Scotiabank | Outperform | Upgrade | |
| Jul 03, 2023 | B. Riley | Buy | Buy | Hold |
| Jul 03, 2023 | B. Riley Securities | Neutral | Neutral | Hold |
| Jul 03, 2023 | Raymond James | Outperform | Outperform | Hold |
| Jul 03, 2023 | Bernstein | Market Perform | Downgrade | |
| Jun 28, 2023 | Piper Sandler | Overweight | Overweight | Hold |
| Jun 21, 2023 | Needham | Buy | Buy | Hold |
| May 25, 2023 | Raymond James | Outperform | Outperform | Hold |
| May 25, 2023 | Oppenheimer | Outperform | Outperform | Hold |
| May 25, 2023 | Needham | Buy | Buy | Hold |
| May 25, 2023 | Loop Capital Markets | Buy | Buy | Hold |
| May 25, 2023 | Cowen & Co. | Outperform | Outperform | Hold |
| May 25, 2023 | Wells Fargo | Buy | Buy | Hold |
| May 25, 2023 | JMP Securities | Market Outperform | Market Outperform | Hold |
| May 25, 2023 | Barclays | Overweight | Overweight | Hold |
| May 24, 2023 | UBS | Neutral | Neutral | Hold |
| May 24, 2023 | Piper Sandler | Overweight | Overweight | Hold |
| May 24, 2023 | Morgan Stanley | Overweight | Overweight | Hold |
| May 23, 2023 | Wells Fargo | Overweight | Overweight | Hold |
| Mar 02, 2023 | Cowen & Co. | Outperform | Outperform | Hold |
| Mar 02, 2023 | Raymond James | Outperform | Outperform | Hold |
| Mar 02, 2023 | Needham | Buy | Buy | Hold |
| Jan 06, 2023 | Wells Fargo | Overweight | Initialise | |
| Dec 15, 2022 | Wedbush | Neutral | Initialise | |
| Dec 05, 2022 | Credit Suisse | Outperform | Outperform | Hold |
| Dec 01, 2022 | Raymond James | Outperform | Outperform | Hold |
| Dec 01, 2022 | UBS | Neutral | Neutral | Hold |
| Dec 01, 2022 | Piper Sandler | Overweight | Overweight | Hold |
| Dec 01, 2022 | Raymond James | Overweight | Overweight | Hold |
| Dec 01, 2022 | Needham | Buy | Buy | Hold |
| Nov 02, 2022 | Macquarie | Neutral | Initialise | |
| Sep 16, 2022 | Needham | Buy | Initialise | |
| Aug 25, 2022 | Piper Sandler | Overweight | Overweight | Hold |
| Aug 25, 2022 | Raymond James | Outperform | Outperform | Hold |
| Aug 25, 2022 | JMP Securities | Market Outperform | Market Outperform | Hold |
| Aug 25, 2022 | Mizuho Securities | Buy | Buy | Hold |
| Aug 25, 2022 | Loop Capital Markets | Buy | Buy | Hold |
| Aug 22, 2022 | Cowen & Co. | Outperform | Outperform | Hold |
| Aug 22, 2022 | Guggenheim | Sell | Sell | Hold |
| Aug 16, 2022 | UBS | Buy | Downgrade | |
| Aug 16, 2022 | Citigroup | Hold | Negative | Downgrade |
| Aug 02, 2022 | BTIG | Buy | Neutral | Downgrade |
| Aug 02, 2022 | BTIG | Buy | Downgrade | |
| Jul 13, 2022 | Robert W. Baird | Outperform | Initialise | |
| Jun 28, 2022 | Piper Sandler | Overweight | Overweight | Hold |
| Jun 28, 2022 | Jefferies | Buy | Upgrade | |
| Jun 23, 2022 | J.P. Morgan | Overweight | Upgrade | |
| Jun 15, 2022 | Canaccord Genuity | Buy | Upgrade | |
| Jun 11, 2022 | Raymond James | Outperform | Initialise | |
| May 26, 2022 | Rosenblatt Securities | Buy | Buy | Hold |
| May 26, 2022 | Mizuho Securities | Buy | Buy | Hold |
| May 26, 2022 | JMP Securities | Market Outperform | Market Outperform | Hold |
| May 26, 2022 | Evercore ISI | Outperform | Outperform | Hold |
| May 26, 2022 | Citigroup | Hold | Hold | Hold |
| May 26, 2022 | Piper Sandler | Overweight | Overweight | Hold |
| May 26, 2022 | Oppenheimer | Outperform | Outperform | Hold |
| May 24, 2022 | Rosenblatt Securities | Buy | Upgrade | |
| May 23, 2022 | Cowen & Co. | Outperform | Outperform | Hold |
| May 23, 2022 | Morgan Stanley | Overweight | Overweight | Hold |
| May 21, 2022 | Barclays | Overweight | Overweight | Hold |
| Apr 28, 2022 | Wolfe Research | Outperform | Initialise | |
| Apr 04, 2022 | Atlantic Equities | Neutral | Initialise | |
| Mar 06, 2022 | Credit Suisse | Outperform | Outperform | Hold |
| Feb 07, 2022 | Morgan Stanley | Equal-Weight | Overweight | Upgrade |
| Feb 06, 2022 | Loop Capital Markets | Buy | Upgrade | |
| Jan 23, 2022 | Deutsche Bank | Buy | Buy | Hold |
| Jan 18, 2022 | Barclays | Overweight | Upgrade | |
| Dec 12, 2021 | Credit Suisse | Outperform | Outperform | Hold |
| Dec 05, 2021 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Aug 22, 2021 | Piper Sandler | Overweight | Overweight | Hold |
| May 29, 2021 | Evercore ISI | Outperform | Outperform | Hold |
| Mar 07, 2021 | Deutsche Bank | Buy | Upgrade | |
| Oct 12, 2020 | Goldman Sachs | Buy | Initialise |
Snowflake's last stock rating was published by KeyBanc on Nov 21, 2024. The company gave SNOW a "Overweight" rating, the same as its previous rate.
Snowflake Financial Forecast
Snowflake Revenue Forecast
Quarter
| Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 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 | $623.60M | $589.01M | $557.03M | $497.25M | - | $383.77M | $334.44M | $272.20M | - | $190.47M | $159.62M | $133.15M |
| Avg Forecast | $1.43B | $1.39B | $1.30B | $1.23B | $1.19B | $1.15B | $1.07B | $1.01B | $955.50M | $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 | $1.46B | $1.41B | $1.32B | $1.25B | $1.21B | $1.17B | $1.09B | $1.02B | $960.26M | $953.47M | $853.88M | $788.46M | $760.51M | $718.03M | $673.67M | $623.78M | $585.91M | $584.07M | $506.11M | $447.90M | $403.54M | $330.87M | $277.28M | $230.16M | $193.30M | $159.87M | $144.10M |
| Low Forecast | $1.43B | $1.38B | $1.29B | $1.23B | $1.18B | $1.15B | $1.06B | $1.00B | $951.84M | $892.97M | $852.35M | $787.75M | $760.35M | $710.20M | $658.58M | $609.80M | $572.78M | $534.61M | $463.25M | $409.97M | $369.37M | $302.85M | $253.80M | $210.67M | $176.93M | $146.33M | $131.90M |
| # Analysts | 19 | 15 | 12 | 14 | 12 | 22 | 11 | 21 | 24 | 24 | 19 | 16 | 16 | 23 | 11 | 21 | 21 | 10 | 10 | 10 | 10 | 11 | 11 | 11 | 11 | 15 | 14 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.03% | 1.02% | 1.02% | 1.02% | 1.03% | 1.06% | - | 1.03% | 1.09% | 1.06% | - | 1.07% | 1.08% | 1.00% |
Forecast
Snowflake's average Quarter revenue forecast for Apr 24 based on 16 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
Quarter
| Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 19 | 15 | 12 | 14 | 12 | 22 | 11 | 21 | 24 | 24 | 19 | 16 | 16 | 23 | 11 | 21 | 21 | 10 | 10 | 10 | 10 | 11 | 11 | 11 | 11 | 15 | 14 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-226.77M | $-228.15M | $-256.12M | $-250.07M | $-220.02M | $-188.32M | $-191.56M | - | $-124.69M | $-148.16M | $-183.82M | - | $-194.38M | $-165.61M | $-74.86M |
| Avg Forecast | $-916.71M | $-886.82M | $-829.35M | $-788.69M | $-759.14M | $-738.08M | $-682.59M | $-643.69M | $-611.07M | $-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 | $-911.68M | $-881.95M | $-824.79M | $-784.36M | $-754.97M | $-734.02M | $-678.84M | $-640.15M | $-608.73M | $-571.08M | $-545.10M | $-213.19M | $-486.27M | $-454.19M | $-421.18M | $-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 | $-932.57M | $-902.17M | $-843.70M | $-802.34M | $-772.28M | $-750.85M | $-694.40M | $-654.83M | $-614.12M | $-609.77M | $-546.08M | $-319.78M | $-486.37M | $-459.20M | $-430.84M | $-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% | 1.03% | 0.56% | 0.55% | 0.64% | - | 0.52% | 0.76% | 1.12% | - | 1.27% | 1.75% | 0.88% |
Forecast
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
Quarter
| Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 19 | 15 | 12 | 14 | 12 | 22 | 11 | 21 | 24 | 24 | 19 | 16 | 16 | 23 | 11 | 21 | 21 | 10 | 10 | 10 | 10 | 11 | 11 | 11 | 11 | 15 | 14 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-169.35M | $-214.25M | $-226.87M | $-226.06M | $-207.48M | $-201.44M | $-222.81M | - | $-132.15M | $-154.86M | $-189.72M | - | $-198.94M | $-168.89M | $-77.63M |
| Avg Forecast | $126.13M | $124.84M | $107.06M | $93.33M | $97.29M | $87.47M | $76.48M | $67.28M | $58.06M | $50.61M | $53.63M | $-287.83M | $60.69M | $53.00M | $34.61M | $-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 | $128.97M | $127.64M | $109.47M | $95.43M | $99.48M | $89.44M | $78.20M | $68.80M | $71.71M | $70.86M | $53.80M | $-230.26M | $60.89M | $86.13M | $35.39M | $-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 | $125.23M | $123.94M | $106.30M | $92.66M | $96.60M | $86.85M | $75.94M | $66.80M | $40.98M | $40.49M | $53.47M | $-345.40M | $60.49M | $16.56M | $34.36M | $-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 % | - | - | - | - | - | - | - | - | - | - | - | - | -2.79% | -4.04% | -6.56% | 0.86% | 0.51% | -13.15% | 56.05% | - | -14.05% | 8.13% | 3.85% | - | 1.28% | 1.94% | 0.97% |
Forecast
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
Quarter
| Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 19 | 15 | 12 | 14 | 12 | 22 | 11 | 21 | 24 | 24 | 19 | 16 | 16 | 23 | 11 | 21 | 21 | 10 | 10 | 10 | 10 | 11 | 11 | 11 | 11 | 15 | 14 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $441.81M | $433.78M | $427.04M | $410.01M | $380.98M | $360.94M | $348.00M | - | $278.47M | $255.03M | $248.13M | - | $213.96M | $188.26M | $123.85M |
| Avg Forecast | $1.36B | $1.31B | $1.23B | $1.17B | $1.13B | $1.09B | $1.01B | $954.08M | $905.73M | $852.46M | $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 | $1.38B | $1.34B | $1.25B | $1.19B | $1.14B | $1.11B | $1.03B | $970.58M | $910.25M | $903.81M | $809.40M | $727.82M | $720.90M | $680.63M | $638.59M | $661.65M | $555.39M | $553.65M | $479.75M | $424.57M | $382.52M | $313.63M | $262.83M | $218.18M | $208.53M | $151.54M | $136.59M |
| Low Forecast | $1.35B | $1.31B | $1.22B | $1.16B | $1.12B | $1.09B | $1.01B | $948.83M | $902.26M | $846.46M | $807.95M | $485.21M | $720.75M | $673.20M | $624.28M | $441.10M | $542.94M | $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% | 0.74% | 0.70% | 0.71% | 0.79% | - | 0.79% | 0.88% | 1.02% | - | 1.23% | 1.34% | 0.98% |
Forecast
Snowflake's average Quarter SG&A projection for Apr 24 is $606.52M, based on 16 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
Quarter
| Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 19 | 15 | 12 | 14 | 12 | 22 | 11 | 21 | 24 | 24 | 19 | 16 | 16 | 23 | 11 | 21 | 21 | 10 | 10 | 10 | 10 | 11 | 11 | 11 | 11 | 15 | 14 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.51 | $-0.65 | $-0.69 | $-0.70 | $-0.64 | $-0.63 | $-0.70 | - | $-0.43 | $-0.51 | $-0.64 | - | $-0.70 | $-1.01 | $-0.28 |
| Avg Forecast | $0.38 | $0.37 | $0.32 | $0.28 | $0.29 | $0.26 | $0.23 | $0.20 | $0.17 | $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 | $0.39 | $0.38 | $0.33 | $0.29 | $0.30 | $0.27 | $0.23 | $0.21 | $0.22 | $0.21 | $0.16 | $0.18 | $0.18 | $0.26 | $0.11 | $0.08 | $0.04 | $0.05 | $-0.01 | - | $0.03 | $-0.06 | $-0.15 | $-0.15 | $-0.17 | $-0.26 | $-0.24 |
| Low Forecast | $0.38 | $0.37 | $0.32 | $0.28 | $0.29 | $0.26 | $0.23 | $0.20 | $0.12 | $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% | -8.92% | -14.79% | -13.74% | 58.83% | - | -15.28% | 8.95% | 4.34% | - | 4.13% | 3.87% | 1.17% |
Forecast
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 |
|---|---|---|---|---|---|
| INTU | Intuit | $677.77 | $744.00 | 9.77% | Buy |
| WDAY | Workday | $278.01 | $289.50 | 4.13% | Buy |
| ADSK | Autodesk | $302.82 | $309.31 | 2.14% | Buy |
| CRM | Salesforce | $350.97 | $338.33 | -3.60% | Buy |
| SNOW | Snowflake | $170.81 | $164.58 | -3.65% | Buy |
| TTD | Trade Desk | $135.02 | $123.63 | -8.44% | Buy |
| NOW | ServiceNow | $1.11K | $973.56 | -12.66% | Buy |
| ZM | Zoom Video Communications | $84.60 | $72.20 | -14.66% | Hold |
| SHOP | Shopify | $119.49 | $98.43 | -17.62% | Buy |
| AI | C3.ai | $42.86 | $29.50 | -31.17% | Buy |