Snowflake (SNOW) Projected to Post Quarterly Earnings on Wednesday

Snowflake (NYSE:SNOW) is expected to issue its Q2 2026 results after the market closes on Wednesday, August 27th. Analysts expect the company to announce earnings of $0.26 per share and revenue of $1.0866 billion for the quarter. Parties can find conference call details on the company’s upcoming Q2 2026 earningreport page for the latest details on the call scheduled for Wednesday, August 27, 2025 at 5:00 PM ET.

Snowflake Stock Down 1.0%

Shares of NYSE SNOW opened at $194.80 on Tuesday. The stock has a market cap of $65.04 billion, a PE ratio of -46.27 and a beta of 1.22. The company has a quick ratio of 1.58, a current ratio of 1.58 and a debt-to-equity ratio of 0.94. Snowflake has a 52-week low of $107.13 and a 52-week high of $229.27. The business has a 50-day moving average price of $210.82 and a 200 day moving average price of $184.98.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on SNOW shares. HSBC cut Snowflake from a “hold” rating to a “sell” rating in a research report on Thursday, May 22nd. JMP Securities raised their price objective on shares of Snowflake from $245.00 to $260.00 and gave the company a “market outperform” rating in a research report on Friday, July 18th. KeyCorp restated an “overweight” rating on shares of Snowflake in a research report on Wednesday, June 25th. JPMorgan Chase & Co. raised their price objective on shares of Snowflake from $210.00 to $225.00 and gave the company an “overweight” rating in a research report on Thursday, May 22nd. Finally, Oppenheimer restated an “outperform” rating on shares of Snowflake in a research report on Tuesday, June 24th. Three analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $230.22.

Insider Transactions at Snowflake

In other Snowflake news, Director Frank Slootman sold 424,852 shares of Snowflake stock in a transaction dated Thursday, June 26th. The stock was sold at an average price of $219.35, for a total value of $93,191,286.20. Following the completion of the sale, the director owned 165,507 shares in the company, valued at $36,303,960.45. The trade was a 71.97% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Michael L. Speiser sold 50,338 shares of Snowflake stock in a transaction dated Friday, June 6th. The shares were sold at an average price of $211.35, for a total value of $10,638,936.30. Following the completion of the sale, the director owned 37,796 shares of the company’s stock, valued at $7,988,184.60. This trade represents a 57.12% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 2,516,826 shares of company stock valued at $555,691,052. 6.80% of the stock is currently owned by company insiders.

Institutional Trading of Snowflake

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SNOW. Geneos Wealth Management Inc. raised its holdings in shares of Snowflake by 29.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 319 shares of the company’s stock worth $47,000 after purchasing an additional 73 shares during the period. Evergreen Capital Management LLC purchased a new position in shares of Snowflake in the 2nd quarter worth about $202,000. QVT Financial LP purchased a new position in shares of Snowflake in the 2nd quarter worth about $216,000. Flow Traders U.S. LLC purchased a new position in shares of Snowflake in the 2nd quarter worth about $221,000. Finally, Fairfield Bush & CO. purchased a new position in shares of Snowflake in the 2nd quarter worth about $226,000. Hedge funds and other institutional investors own 65.10% of the company’s stock.

Snowflake Company Profile

Snowflake Inc provides a cloud-based data platform for various organizations in the United States and internationally. Its platform offers Data Cloud, which enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data-driven applications, and share data and data products, as well as applies artificial intelligence (AI) for solving business problems.