Brokerages Set Snowflake Inc. (NYSE:SNOW) Target Price at $275.58

Shares of Snowflake Inc. (NYSE:SNOW) have earned a consensus rating of “Moderate Buy” from the forty-three brokerages that are currently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation, thirty-four have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $275.5789.

SNOW has been the subject of several analyst reports. Sanford C. Bernstein reissued a “market perform” rating and set a $237.00 price target on shares of Snowflake in a report on Thursday, December 4th. BTIG Research reiterated a “buy” rating and set a $312.00 target price on shares of Snowflake in a research report on Thursday, December 4th. Argus raised Snowflake from a “hold” rating to a “buy” rating and set a $300.00 target price for the company in a research note on Thursday, January 8th. Morgan Stanley lifted their price target on Snowflake from $272.00 to $299.00 and gave the company an “overweight” rating in a research note on Thursday, December 4th. Finally, Jefferies Financial Group set a $300.00 price objective on Snowflake in a report on Monday, November 24th.

More Snowflake News

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Expansion: Snowflake announced a new AWS deployment in the UAE, extending its commercial footprint in the Middle East and building on >$2B of AWS Marketplace sales — a clear push to grow international revenue and partner-led bookings. Snowflake launches AWS deployment in UAE
• Positive Sentiment: Customer / product traction: Snowflake partnered with Zinnia for real?time insurance analytics and AI, signaling continued vertical wins for high-value, analytics-driven use cases that can drive consumption. Zinnia collaborates with Snowflake
• Positive Sentiment: Analyst support: Several firms have recently reiterated or raised targets (Argus, KeyCorp, Needham, Rosenblatt), leaving consensus upside vs. current prices — supportive for medium?term investor sentiment. MarketBeat coverage including analyst notes
• Neutral Sentiment: Macro/strategy tone: CEO comments emphasize being precise about AI ROI — a message of disciplined monetization that helps clarify strategy but doesn’t deliver immediate revenue. Useful for long?term thesis, limited short?term impact. CEO: Being precise about AI’s ROI
• Neutral Sentiment: Options/derivative flows: Some traders are using defined?risk bullish strategies (bull put spreads) betting downside is limited — signals trader interest but not a guarantee of upward price movement. Bull put spread options piece
• Neutral Sentiment: Projections and coverage: Forecast pieces (24/7 Wall St.) reiterate mixed near-term momentum after recent monthly declines but highlight longer-term upside since last year’s lows — useful context, but speculative. Snowflake price prediction
• Negative Sentiment: Insider selling: Director Frank Slootman sold 200,000 shares (~$41.4M) and reduced his stake materially — a large, recent insider sale that often weighs on sentiment and amplifies near?term selling pressure. SEC filing: Frank Slootman sale

Snowflake Price Performance

Shares of NYSE SNOW opened at $209.57 on Monday. The stock has a fifty day moving average price of $227.49 and a 200 day moving average price of $228.26. Snowflake has a 1-year low of $120.10 and a 1-year high of $280.67. 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 $71.72 billion, a PE ratio of -51.87 and a beta of 1.14.

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 net margin of 30.76% and a negative return on equity of 45.91%. The company had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.18 billion. During the same period in the previous year, the company posted $0.20 EPS. Snowflake’s revenue was up 28.7% compared to the same quarter last year. Sell-side analysts forecast that Snowflake will post -2.36 EPS for the current year.

Insider Activity at Snowflake

In related news, EVP Christian Kleinerman sold 10,000 shares of the business’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $219.90, for a total transaction of $2,199,000.00. Following the sale, the executive vice president owned 471,351 shares of the company’s stock, valued at approximately $103,650,084.90. The trade was a 2.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Frank Slootman sold 200,000 shares of the company’s stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $206.77, for a total transaction of $41,354,000.00. Following the transaction, the director owned 50,329 shares in the company, valued at $10,406,527.33. The trade was a 79.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 618,681 shares of company stock worth $137,427,145. 6.80% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Snowflake

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Sumitomo Mitsui Trust Group Inc. boosted its stake 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 acquiring an additional 8,002 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd purchased a new position in Snowflake in the 2nd quarter valued at about $6,845,000. Rheos Capital Works Inc. lifted its holdings in Snowflake by 102.9% in the 3rd quarter. Rheos Capital Works Inc. now owns 207,000 shares of the company’s stock valued at $46,689,000 after purchasing an additional 105,000 shares in the last quarter. Goldstream Capital Management Ltd acquired a new stake in shares of Snowflake during the 2nd quarter worth about $3,801,000. Finally, Newbridge Financial Services Group Inc. grew its holdings in shares of Snowflake by 81.6% during the second quarter. Newbridge Financial Services Group Inc. now owns 20,141 shares of the company’s stock worth $4,507,000 after buying an additional 9,052 shares in the last quarter. 65.10% of the stock is currently owned by institutional investors and hedge funds.

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.