Snowflake (NYSE:SNOW) Price Target Raised to $345.00

Snowflake (NYSE:SNOW) had its price target upped by stock analysts at Rosenblatt Securities from $285.00 to $345.00 in a note issued to investors on Tuesday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. Rosenblatt Securities’ price target points to a potential upside of 4.02% from the stock’s previous close.

A number of other equities research analysts have also weighed in on SNOW. The Goldman Sachs Group lifted their target price on Snowflake from $216.00 to $278.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Canaccord Genuity Group upped their price objective on shares of Snowflake from $240.00 to $325.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Mizuho raised their target price on shares of Snowflake from $295.00 to $355.00 and gave the company an “outperform” rating in a research report on Wednesday, August 19th. Monness Crespi & Hardt boosted their price target on shares of Snowflake from $282.00 to $320.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $300.00 price target on shares of Snowflake in a research report on Wednesday, August 19th. Thirty-four research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Snowflake has an average rating of “Moderate Buy” and a consensus target price of $333.08.

Snowflake Stock Up 1.1%

Shares of NYSE SNOW opened at $331.68 on Tuesday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.05 and a current ratio of 1.05. The firm has a market capitalization of $114.96 billion, a price-to-earnings ratio of -94.23 and a beta of 1.33. The stock has a 50 day moving average price of $289.86 and a 200 day moving average price of $216.33. Snowflake has a 52-week low of $118.30 and a 52-week high of $341.95.

Insider Activity at Snowflake

In other Snowflake news, Director Frank Slootman sold 48,990 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $320.78, for a total value of $15,715,012.20. Following the completion of the sale, the director directly owned 28,535 shares in the company, valued at $9,153,457.30. This trade represents a 63.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Michael L. Speiser sold 403 shares of the company’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $324.06, for a total value of $130,596.18. Following the transaction, the director directly owned 22,573 shares in the company, valued at approximately $7,315,006.38. The trade was a 1.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,156,901 shares of company stock valued at $321,725,352 over the last 90 days. Insiders own 4.80% of the company’s stock.

Hedge Funds Weigh In On Snowflake

Several hedge funds have recently modified their holdings of the stock. Tsfg LLC raised its position in shares of Snowflake by 27.8% in the 2nd quarter. Tsfg LLC now owns 230 shares of the company’s stock valued at $59,000 after purchasing an additional 50 shares during the last quarter. Johnson Investment Counsel Inc. raised its holdings in shares of Snowflake by 4.5% in the fourth quarter. Johnson Investment Counsel Inc. now owns 1,383 shares of the company’s stock worth $303,000 after buying an additional 60 shares during the last quarter. Great Valley Advisor Group Inc. grew its holdings in shares of Snowflake by 4.4% during the fourth quarter. Great Valley Advisor Group Inc. now owns 1,438 shares of the company’s stock valued at $316,000 after buying an additional 60 shares during the last quarter. LRI Investments LLC increased its position in shares of Snowflake by 4.5% in the 4th quarter. LRI Investments LLC now owns 1,437 shares of the company’s stock valued at $315,000 after acquiring an additional 62 shares during the period. Finally, First Manhattan CO. LLC. raised its stake in Snowflake by 6.7% in the 4th quarter. First Manhattan CO. LLC. now owns 1,022 shares of the company’s stock worth $224,000 after acquiring an additional 64 shares during the last quarter. Institutional investors and hedge funds own 65.10% of the company’s stock.

Snowflake News Roundup

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Higher price target and favorable analyst view: Cantor Fitzgerald raised its Snowflake target from $282 to $405 and maintained an “overweight” rating, citing expectations that product revenue could exceed company guidance by more than 3%. A separate analyst survey shows a consensus “moderate buy” recommendation. Cantor Lifts Snowflake Target to $405 Two Days Before Earnings
• Positive Sentiment: AI and enterprise-security momentum: CrowdStrike is bringing its Falcon platform to the Snowflake Marketplace, potentially increasing platform usage and strengthening Snowflake’s position as a venue for combining enterprise data with AI-native security workloads. CrowdStrike Brings the Falcon Platform to Snowflake
• Positive Sentiment: Strong earnings setup: Investors are watching product revenue, net revenue retention, customer growth, consumption trends and guidance. Commentary points to AI offerings such as CoCo and CoWork potentially accelerating migrations and platform consumption, while some analysts believe results could push the stock to a new five-year high. Snowflake Earnings Preview: The AI Trade Is Moving Into Software
• Neutral Sentiment: High volatility is expected: Options and market analysis imply a potentially large post-earnings move, reflecting elevated expectations and uncertainty around the report. How Much Snowflake Stock Is Expected to Move After Earnings
• Negative Sentiment: Valuation and profitability remain risks: Snowflake’s premium valuation, GAAP losses, stock-based compensation and dilution could pressure the shares if growth or guidance falls short. Near-record short interest also signals substantial skepticism despite the stock’s strong 2026 gains. Snowflake Is Up Nearly 50% in 2026—What Are Short Sellers Betting Against?
• Negative Sentiment: Reported service issues: User reports of Snowflake ID login, dashboard and API disruptions add a near-term operational concern, although the breadth and duration of the incident remain unclear. Snowflake ID Outage Reports

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.