Snowflake Inc. (SNOW)
| Market Cap | 54.89B |
| Revenue (ttm) | 3.41B |
| Net Income (ttm) | -1.13B |
| Shares Out | 330.10M |
| EPS (ttm) | -3.39 |
| PE Ratio | n/a |
| Forward PE | 192.69 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 5,267,591 |
| Open | 162.07 |
| Previous Close | 164.21 |
| Day's Range | 161.55 - 168.94 |
| 52-Week Range | 107.13 - 237.72 |
| Beta | 1.03 |
| Analysts | Buy |
| Price Target | 183.86 (+10.57%) |
| Earnings Date | Nov 20, 2024 |
About SNOW
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. The company was formerly known as Snowflake Computing, Inc. and changed its name to Snowflake Inc. in April 2019. Snowflake Inc. was incorpo... [Read more]
Financial Performance
In 2023, Snowflake's revenue was $2.81 billion, an increase of 35.86% compared to the previous year's $2.07 billion. Losses were -$836.10 million, 4.94% more than in 2022.
Financial StatementsAnalyst Forecast
According to 39 analysts, the average rating for SNOW stock is "Buy." The 12-month stock price forecast is $183.86, which is an increase of 10.57% from the latest price.
News
eClinical Solutions Collaborates with Snowflake to Streamline Data for Life Sciences
BOSTON--(BUSINESS WIRE)--eClinical Solutions LLC, a global provider of digital clinical software and services, today announced a new collaboration with Snowflake, the AI Data Cloud Company, to establi...
Snowflake AI Revolution Gains Traction, Stock Forms Golden Cross
Snowflake Inc. SNOW is turning heads in the market with its recently formed a Golden Cross — a bullish technical pattern where the 50-day moving average crosses above the 200-day moving average.
Why Snowflake's Future Looks Brighter Than Ever
Snowflake achieved 29% YoY product revenue growth in Q3 FY2025, raising FY2025 guidance to $3.43 billion. New product launches like Cortex and Snowpark, combined with engineering upgrades, drove adopt...
TetraScience and Snowflake Partner to Accelerate Scientific AI Adoption Across Global Life Sciences
BOSTON--(BUSINESS WIRE)--TetraScience, the Scientific Data and AI Cloud, today announced it is teaming up with Snowflake to enable joint customers to unlock the value of their scientific data and reap...
Snowflake: Valuations Buoyed By Momentum, Not Fundamentals - Downgrade To Sell
SNOW has proven that the market's fears surrounding the tiered storage pricing and the open-source Iceberg Table formats have been overly done. The new management continues to deliver excellence with ...
DreamFactory Launches REST API Generation on Snowflake Marketplace
LAS VEGAS--(BUSINESS WIRE)-- #apigeneration--DreamFactory Software today announced that it has launched DreamFactory REST API Generation on Snowflake Marketplace. DreamFactory REST API Generation avai...
Bloomberg Announces PORT Enterprise Data Delivery to Snowflake with Data License Plus (DL+)
NEW YORK , Dec. 4, 2024 /PRNewswire/ -- Bloomberg today announced that PORT Enterprise clients can access their portfolio analytics data in Snowflake utilizing the existing integration between its dat...
Snowflake Inc. (SNOW) CEO Sridhar Ramaswamy presents at UBS Global Technology and AI Conference (Transcript)
Snowflake Inc. (NYSE:SNOW) UBS Global Technology and AI Conference December 3, 2024 4:55 PM ET Company Participants Sridhar Ramaswamy - CEO Conference Call Participants Karl Keirstead - UBS Karl Keir...
SNOWFLAKE ONGOING INVESTIGATION NOTICE: Scott+Scott Attorneys at Law LLP Investigates Snowflake Inc.'s Directors and Officers for Breach of Fiduciary Duties – SNOW
NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether the leadership of Snowflake Inc. ...
Top Wall Street analysts pick 3 stocks for their attractive prospects
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including ServiceNow and Snowflake.
Snowflake: AI Evolution Overplayed
Snowflake Inc.'s stock surged post-FQ3 earnings but remains overvalued based on limited AI revenue and decelerating growth. The company is only targeting 23% YoY growth in FQ4 despite the investor exc...
Snowflake: From Foolish Hope To Promising Turnaround (Rating Upgrade)
Snowflake Inc.'s shares have been in the penalty box over the year, but the publication of Q3 earnings changed the picture. The company's core data warehousing business and emerging products like Snow...
From Data To Insights: Snowflake's AI Evolution And Investment Potential
Snowflake's stock struggled earlier in the year due to disappointing FY 2025 guidance and CEO Frank Slootman's retirement. New CEO Sridhar Ramaswamy's AI expertise aims to close the gap with Databrick...
Snowflake Continues To Catch Up With New AI Workloads
Snowflake Inc.'s sales growth slowed to 28%, with adjusted operating margin dropping to 6.25%, prompting a focus on cost management and go-to-market strategy to boost growth. Despite AI/ML feature exp...
Snowflake Stock Rises as Wedbush Notes AI 'Sweet Spot' in Upgrade
Shares of Snowflake (SNOW) gained about 3% Monday afternoon as Wedbush upgraded the stock, saying the cloud software provider is in the "sweet spot" to benefit from the booming demand for artificial i...
Snowflake, Elastic Poised For AI Revolution Gains, Analyst Upgrades The Stocks
Wedbush Securities analyst Daniel Ives has significantly increased his optimism on the next phase of the AI revolution, focusing on its transformative impact on the software sector.
Options Trades in SNOW and PLTR
Wedbush upgrades Snowflake (SNOW) and raises its price target for Palantir (PLTR). Alex Coffey looks at the analyst calls and places example options trades in both SNOW and PLTR.
Snowflake upgraded as AI ‘revolution' hits its ‘next gear' with software, one analyst says
Silicon Valley-based Snowflake is “in the sweet spot” to benefit from wider use of AI among businesses over the next 12 to 18 months, according to Wedbush analyst Dan Ives.
CE 100 Index Jumps 5.2% as C3.ai and Snowflake Surge by Double Digits
Artificial intelligence — specifically, AI companies that have been riding the wave of simulating human cognition — powered the CE 100 Index 5.2% higher through the past week. All pillars gained grou...
Snowflake: Why I Am Not Selling A Single Share
Snowflake's Q3 earnings exceeded expectations, with $0.20 adjusted EPS and $942M in revenue, driving a 33% stock surge on Thursday. Strong customer acquisition, near-30% top line growth and an increas...
NVDA, PLTR, SNOW: Trends to Watch in Next A.I. Phase
Jerry Sneed says to "have a shopping list" for your portfolio. When it comes to the A.I.
Snowflake Q3: Firing On All Cylinders
Snowflake's stock surged 48% since my 'Strong Buy' rating in August 2024; I reiterate a 'Strong Buy' with a $215 price target. SNOW's strategic partnership with Anthropic will enhance Cortex AI, drivi...
Bessemer's Byron Deeter talks Snowflake's big trading day
Byron Deeter, Bessemer Venture Partners partner, joins 'Closing Bell Overtime' to talk Snowflake's best trading day ever.
Nvidia, Snowflake and BEN Ride AI Surge in Q3
Nvidia reported Q3 revenue of $35.1 billion, up 94% from last year with data center sales reaching $30.8 billion. Fellow tech firms showed mixed results, with Snowflake growing 29% to $900 million in ...
Snowflake Q3: Sustainable Valuation And Strong Management (Rating Upgrade)
Snowflake Inc. achieved 48.5% growth since August, with $900M in Q3 product revenue and a 127% retention rate, but valuation remains high, requiring cautious investment. Q3 gross margin at 76% and par...