SnowflakeSNOW
About: Founded in 2012, Snowflake is a data lake, warehousing, and sharing company that went public in 2020. To date, the company has over 3,000 customers, including nearly 30% of the Fortune 500. Snowflake's data lake stores unstructured and semistructured data that can then be used in analytics to create insights stored in its data warehouse. Snowflake's data sharing capability allows enterprises to buy and ingest data, while its data solutions can be hosted on various public clouds.
Employees: 7,004
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
8% more repeat investments, than reductions
Existing positions increased: 368 | Existing positions reduced: 341
8% less call options, than puts
Call options by funds: $2.3B | Put options by funds: $2.5B
6% less funds holding in top 10
Funds holding in top 10: 33 [Q2] → 31 (-2) [Q3]
7% less funds holding
Funds holding: 1,028 [Q2] → 957 (-71) [Q3]
7.02% less ownership
Funds ownership: 66.13% [Q2] → 59.11% (-7.02%) [Q3]
24% less capital invested
Capital invested by funds: $29.9B [Q2] → $22.7B (-$7.21B) [Q3]
31% less first-time investments, than exits
New positions opened: 117 | Existing positions closed: 170
Research analyst outlook
22 Wall Street Analysts provided 1 year price targets over the past 3 months
22 analyst ratings
Cantor Fitzgerald Thomas Blakey 71% 1-year accuracy 22 / 31 met price target | 8%upside $201 | Overweight Initiated | 16 Jan 2025 |
Oppenheimer Ittai Kidron 72% 1-year accuracy 36 / 50 met price target | 7%upside $200 | Outperform Maintained | 13 Jan 2025 |
Barclays Raimo Lenschow 61% 1-year accuracy 50 / 82 met price target | 2%upside $190 | Overweight Upgraded | 10 Jan 2025 |
Wells Fargo Michael Turrin 58% 1-year accuracy 50 / 86 met price target | 7%upside $200 | Overweight Upgraded | 7 Jan 2025 |
Piper Sandler Brent Bracelin 65% 1-year accuracy 78 / 120 met price target | 12%upside $208 | Overweight Maintained | 6 Jan 2025 |
Financial journalist opinion
Based on 41 articles about SNOW published over the past 30 days









