Snowflake Inc. (SNOW)
NYSE: SNOW · Real-Time Price · USD
127.43
+1.47 (1.17%)
At close: Nov 18, 2024, 4:00 PM
127.66
+0.23 (0.18%)
After-hours: Nov 18, 2024, 7:35 PM EST
Snowflake Stock Forecast
Stock Price Forecast
The 35 analysts with 12-month price forecasts for Snowflake stock have an average target of 173.06, with a low estimate of 121 and a high estimate of 230. The average target predicts an increase of 35.81% from the current stock price of 127.43.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Snowflake stock from 37 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 13 | 12 | 15 | 14 | 14 | 15 |
| Buy | 14 | 14 | 12 | 12 | 12 | 11 |
| Hold | 10 | 10 | 10 | 10 | 11 | 10 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 38 | 37 | 38 | 37 | 38 | 37 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $200 → $183 | Strong Buy | Maintains | $200 → $183 | +43.61% | Nov 18, 2024 |
| Keybanc | Keybanc | Buy Maintains $168 → $150 | Buy | Maintains | $168 → $150 | +17.71% | Nov 11, 2024 |
| Monness, Crespi, Hardt | Monness, Crespi, Hardt | Hold → Strong Buy Upgrades $140 | Hold → Strong Buy | Upgrades | $140 | +9.86% | Nov 6, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $175 | Strong Buy | Maintains | $175 | +37.33% | Oct 3, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $180 | Strong Buy | Maintains | $180 | +41.25% | Oct 2, 2024 |
Financial Forecast
Revenue This Year
3.60B
from 2.81B
Increased by 28.27%
Revenue Next Year
4.43B
from 3.60B
Increased by 22.94%
EPS This Year
0.62
from -2.55
EPS Next Year
0.95
from 0.62
Increased by 54.02%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.9B | 5.0B | 6.4B | ||
| Avg | 3.6B | 4.4B | 5.4B | ||
| Low | 3.4B | 4.1B | 4.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 37.2% | 39.0% | 45.7% | ||
| Avg | 28.3% | 22.9% | 22.3% | ||
| Low | 22.2% | 12.6% | 8.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.04 | 1.67 | 2.39 | ||
| Avg | 0.62 | 0.95 | 1.45 | ||
| Low | 0.50 | 0.58 | 1.00 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 170.4% | 151.8% | ||
| Avg | - | 54.0% | 52.4% | ||
| Low | - | -5.4% | 5.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.