Snowflake (NYSE:SNOW) Research Coverage Started at The Goldman Sachs Group

The Goldman Sachs Group began coverage on shares of Snowflake (NYSE:SNOW) in a research report released on Monday, Marketbeat reports. The brokerage issued a buy rating and a $250.00 target price on the stock.

Several other analysts have also recently commented on SNOW. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $237.00 target price on shares of Snowflake in a research note on Thursday, December 4th. Piper Sandler reaffirmed an “overweight” rating and issued a $285.00 price objective on shares of Snowflake in a research report on Thursday, December 4th. Monness Crespi & Hardt upped their target price on Snowflake from $260.00 to $275.00 and gave the company a “buy” rating in a research note on Thursday, December 4th. Deutsche Bank Aktiengesellschaft raised their price target on Snowflake from $250.00 to $275.00 and gave the stock a “buy” rating in a research note on Thursday, December 4th. Finally, Raymond James Financial set a $250.00 price objective on shares of Snowflake in a research note on Monday, December 15th. Two research analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $275.58.

Snowflake Stock Performance

Shares of SNOW opened at $206.12 on Monday. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 1.07. Snowflake has a 52-week low of $120.10 and a 52-week high of $280.67. The company has a 50-day simple moving average of $235.26 and a 200-day simple moving average of $228.89. The company has a market capitalization of $70.53 billion, a PE ratio of -51.02 and a beta of 1.14.

Snowflake (NYSE:SNOW) last announced its quarterly earnings results on Wednesday, December 3rd. The company reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.04. The business had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.18 billion. Snowflake had a negative return on equity of 45.91% and a negative net margin of 30.76%.The business’s revenue for the quarter was up 28.7% on a year-over-year basis. During the same quarter last year, the business posted $0.20 earnings per share. Equities research analysts predict that Snowflake will post -2.36 earnings per share for the current fiscal year.

Insider Activity at Snowflake

In related news, Director Frank Slootman sold 200,000 shares of Snowflake stock in a transaction dated Thursday, December 18th. The stock was sold at an average price of $221.83, for a total value of $44,366,000.00. Following the completion of the transaction, the director directly owned 50,329 shares in the company, valued at approximately $11,164,482.07. This trade represents a 79.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Christian Kleinerman sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $249.53, for a total value of $2,495,300.00. Following the completion of the sale, the executive vice president owned 512,450 shares of the company’s stock, valued at $127,871,648.50. This trade represents a 1.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 418,681 shares of company stock valued at $96,073,145. 6.80% of the stock is owned by insiders.

Institutional Investors Weigh In On Snowflake

Several institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. lifted its position in Snowflake by 3.1% during the 3rd quarter. Vanguard Group Inc. now owns 28,647,593 shares of the company’s stock worth $6,461,465,000 after acquiring an additional 857,832 shares during the last quarter. Kingstone Capital Partners Texas LLC bought a new position in shares of Snowflake in the second quarter worth about $3,900,134,000. Jennison Associates LLC increased its stake in shares of Snowflake by 13.5% in the third quarter. Jennison Associates LLC now owns 9,083,889 shares of the company’s stock worth $2,048,871,000 after purchasing an additional 1,083,222 shares during the period. State Street Corp lifted its position in shares of Snowflake by 1.4% during the 2nd quarter. State Street Corp now owns 6,887,073 shares of the company’s stock worth $1,541,120,000 after purchasing an additional 94,293 shares during the last quarter. Finally, Artisan Partners Limited Partnership lifted its position in shares of Snowflake by 15.2% during the 2nd quarter. Artisan Partners Limited Partnership now owns 4,951,715 shares of the company’s stock worth $1,108,045,000 after purchasing an additional 652,485 shares during the last quarter. Institutional investors and hedge funds own 65.10% of the company’s stock.

Trending Headlines about Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Snowflake expanded its platform via acquisitions of Datometry and Observe, strengthening its data/AI stack and potential revenue mix from observability and cross-cloud compatibility. SNOW Expands Portfolio on Acquisitions
• Positive Sentiment: A bullish analyst write-up upgraded Snowflake on valuation improvement and rising RPO (reported ~37% y/y in the article), highlighting strong revenue visibility (RPO) and 125% net revenue retention — factors that support medium?to?long-term upside. Snowflake: Buy The Dip
• Positive Sentiment: Third-party tooling adoption: Yuki launched a 14-day trial that runs full Snowflake optimization in production — a sign of partner-led demand and potential efficiency/performance benefits for customers. Yuki Launches a 14-Day Free Trial
• Positive Sentiment: Industry positioning: coverage pieces list Snowflake among top cross-cloud/AI infrastructure winners, reinforcing investor narratives around durable AI tailwinds and multi-cloud demand. This supports longer-term institutional interest. 5 AI Stocks Positioned to Win
• Neutral Sentiment: ETF exposure: Snowflake is a meaningful holding in cloud-focused ETFs (e.g., Fidelity Cloud Computing ETF), which can provide steady passive inflows but also links SNOW to broader ETF flows and cloud-sector volatility. The Cloud Computing ETF Every Growth Investor Should Consider
• Negative Sentiment: Analyst downgrade: Barclays cut Snowflake from Overweight to Equal Weight and trimmed its price target (from $290 to $250). That re-rating is a clear near-term headwind for sentiment and likely contributed to selling pressure. Barclays downgrades Snowflake
• Negative Sentiment: Market reaction / media coverage: Multiple outlets are calling out SNOW’s share decline and explaining today’s pullback, amplifying negative sentiment and short-term volatility. SNOW Falls More Steeply Than Broader Market Why Snowflake stock is falling today

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.