SNOW icon

Snowflake

186.37 USD
-2.56
1.35%
At close Feb 6, 4:00 PM EST
After hours
185.90
-0.47
0.25%
1 day
-1.35%
5 days
1.67%
1 month
14.28%
3 months
53.49%
6 months
62.31%
Year to date
18.32%
1 year
-12.78%
5 years
-26.61%
10 years
-26.61%
 

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

0
Funds holding %
of 6,831 funds
0
Analysts bullish %
of 22 analysts

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

Low target
$140
25%
downside
Avg. target
$196
5%
upside
High target
$225
21%
upside

22 analyst ratings

21 positive
95%
neutral
5%
negative
0%
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

Neutral
Seeking Alpha
7 hours ago
Snowflake: Still Early To Take Profits
Snowflake's stock is significantly undervalued, despite a recent 57% price increase, with a conservative DCF model indicating a 48% potential upside. Snowflake's multifaceted growth strategy, including acquisitions and partnerships, positions it well to capitalize on AI trends and expand its market reach. Potential risks include data security challenges and strong competition from tech giants, but Snowflake's strategic differentiation efforts are promising.
Snowflake: Still Early To Take Profits
Positive
Zacks Investment Research
1 day ago
Here is What to Know Beyond Why Snowflake Inc. (SNOW) is a Trending Stock
Snowflake (SNOW) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Here is What to Know Beyond Why Snowflake Inc. (SNOW) is a Trending Stock
Positive
Finbold
1 day ago
Missed out on Palantir rally? Buy this stock instead
Palantir (NASDAQ: PLTR) remains the talk of the stock market after the equity soared to new highs above the $100 mark, inspired by the recent blowout earnings for the last quarter of 2024.
Missed out on Palantir rally? Buy this stock instead
Positive
Barrons
2 days ago
Palantir Shows the AI Trade Is Alive and Well. 2 Stocks That Could Benefit.
Palantir executives welcomed the advent of low-cost artificial intelligence. Other software stocks could also see benefits from cheaper AI.
Palantir Shows the AI Trade Is Alive and Well. 2 Stocks That Could Benefit.
Neutral
Zacks Investment Research
2 days ago
Snowflake Inc. (SNOW) Advances While Market Declines: Some Information for Investors
Snowflake Inc. (SNOW) closed at $182.54 in the latest trading session, marking a +0.57% move from the prior day.
Snowflake Inc. (SNOW) Advances While Market Declines: Some Information for Investors
Neutral
Business Wire
3 days ago
DataChat Launches No-Code, Generative AI Data Analytics Platform as Snowflake Native App on Snowflake Marketplace
MADISON, Wis.--(BUSINESS WIRE)-- #DataAnalytics--DataChat, a no-code, generative AI platform that delivers speed to insights, today announced it is now available on Snowflake Marketplace. As a Snowflake Native App, DataChat will enable joint customers to ask questions of their data, in plain English, and receive near-instant insights to guide their critical business decisions. “Business users want to ask natural language questions of their data without waiting on dashboards or reports—and without sending data t.
DataChat Launches No-Code, Generative AI Data Analytics Platform as Snowflake Native App on Snowflake Marketplace
Neutral
Business Wire
3 days ago
JPXI and Snowflake Enter Partnership to Expand Japan Market Data Access
TOKYO--(BUSINESS WIRE)--JPX Market Innovation & Research, Inc. (“JPXI”), a leading global provider of Japan's financial market data, and Snowflake, the AI Data Cloud company, today announced a priority partnership between the companies to jointly disseminate data over Snowflake's market-leading platform. Data provision via Snowflake will enable market participants to enjoy improved access to JPXI's rich and varied data offerings and empower cost-effective development of data analysis enviro.
JPXI and Snowflake Enter Partnership to Expand Japan Market Data Access
Neutral
Business Wire
3 days ago
ISG to Assess Snowflake Ecosystem in U.S. and Europe
STAMFORD, Conn.--(BUSINESS WIRE)-- #ISGProviderLens--ISG has launched a research study examining service providers that support the Snowflake data warehouse and its ecosystem.
ISG to Assess Snowflake Ecosystem in U.S. and Europe
Positive
The Motley Fool
3 days ago
Is Snowflake Stock a Buy Now?
Snowflake (SNOW 1.24%) stock has recorded stellar gains of 62% in the past three months, as of this writing, driven by the company's solid fiscal 2025 third-quarter results, which were released in November 2024.
Is Snowflake Stock a Buy Now?
Positive
Schwab Network
6 days ago
The Big 3: PLTR, ARM, SNOW
@ProsperTradingAcademy's Charles Moon looks into the tech trade in today's Big 3. He says Palantir could make a run to $100 even as the stock hits all-time highs.
The Big 3: PLTR, ARM, SNOW
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