Snowflake Inc. (SNOW)

NYSE: SNOW · IEX Real-Time Price · USD
141.92
-0.85 (-0.60%)
At close: Jul 2, 2024, 4:00 PM
142.20
+0.28 (0.20%)
After-hours: Jul 2, 2024, 7:59 PM EDT
-0.60%
Market Cap 47.51B
Revenue (ttm) 3.01B
Net Income (ttm) -927.46M
Shares Out 334.80M
EPS (ttm) -2.80
PE Ratio n/a
Forward PE 213.49
Dividend n/a
Ex-Dividend Date n/a
Volume 6,604,649
Open 142.66
Previous Close 142.77
Day's Range 140.70 - 144.68
52-Week Range 122.60 - 237.72
Beta 0.85
Analysts Buy
Price Target 203.69 (+43.53%)
Earnings Date Aug 21, 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]

Sector Technology
IPO Date Sep 16, 2020
Employees 7,004
Stock Exchange NYSE
Ticker Symbol SNOW
Full Company Profile

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 Statements

Analyst Forecast

According to 37 analysts, the average rating for SNOW stock is "Buy." The 12-month stock price forecast is $203.69, which is an increase of 43.53% from the latest price.

Price Target
$203.69
(43.53% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Snowflake stock down 40% is an opportunity to buy: Goldman Sachs analyst

A 40% hit to Snowflake Inc (NYSE: SNOW) over the past four months is an opportunity to build a position at a discount, as per a Goldman Sachs analyst.  Shares of the data cloud company do not currentl...

1 day ago - Invezz

Nvidia controls the AI universe now — but these tech giants will lead the next boom

Simple, out-of-the box AI to run a business will be a moneymaker for software providers

6 days ago - Market Watch

Exchange Solutions Launches SaaS Loyalty and Personalized Offers on Snowflake AI Data Cloud

BOSTON & TORONTO--(BUSINESS WIRE)-- #DataOptimization--Snowflake and Exchange Solutions joint customers can now integrate Exchange Solutions' loyalty services directly within their Snowflake environme...

12 days ago - Business Wire

Former Snowflake CEO Switches to Buying Stock From Selling

A year after his last stock sales, Michael Speiser just bought $10 million of shares of the data-warehousing software firm.

21 days ago - Barrons

YieldMax™ Launches Option Income Strategy ETF on Snowflake (SNOW)

CHICAGO, MILWAUKEE and NEW YORK, June 11, 2024 (GLOBE NEWSWIRE) -- YieldMax™ announced the launch today of the following ETF: YieldMax™ SNOW Option Income Strategy ETF (NYSE Arca: SNOY) SNOY seeks to ...

Other symbols: SNOY
21 days ago - GlobeNewsWire

Calls of the Day: AMD, American Express, Snowflake and Uber

The Investment Committee discuss the latest Calls Of The Day.

Other symbols: AMDAXPUBER
22 days ago - CNBC Television

Mandiant says hackers stole a ‘significant volume of data' from Snowflake customers

Security researchers say they believe financially motivated cybercriminals have stolen a “significant volume of data” from hundreds of customers hosting their vast banks of data with cloud storage gia...

22 days ago - TechCrunch

Airbyte Enables Snowflake Users to Build GenAI without Coding

SAN FRANCISCO--(BUSINESS WIRE)-- #AI--Snowflake Cortex is a new data connector for users who are interested in building GenAI capabilities within their existing Snowflake accounts.

26 days ago - Business Wire

Snowflake Stock Is 65% Below Peak But Nvidia Deal Fuels Optimism

Shares of data cloud service provider Snowflake have fallen hard since Frank Slootman — who led the company's boffo 2020 IPO — handed the CEO job to Sridhar Ramaswamy.

27 days ago - Forbes

Does Snowflake stock warrant an investment after analyst day?

Snowflake Inc (NYSE: SNOW) is in the red a day after its analyst day that did not focus much on the financial outlook.

27 days ago - Invezz

Qlik and Snowflake Deepen Partnership to Accelerate AI Adoption

New Qlik and Snowflake Integration Delivers Advanced AI Capabilities with Cortex, Accelerating Movement of Complex Data into Actionable Insights New Qlik and Snowflake Integration Delivers Advanced AI...

27 days ago - GlobeNewsWire

Sigma Named 2024 Snowflake AI Data Cloud Product Business Intelligence Partner of the Year for the Second Year in a Row

SAN FRANCISCO--(BUSINESS WIRE)--Sigma today announced at Snowflake's annual user conference, Snowflake Data Cloud Summit 2024, that it has been named the Snowflake AI Data Cloud Product Business Intel...

27 days ago - Business Wire

Sigma Named 2024 Snowflake AI Data Cloud Product Business Intelligence Partner of the Year for Second Year Running

LONDON--(BUSINESS WIRE)--Sigma today announced at Snowflake's annual user conference, Snowflake Data Cloud Summit 2024, that it has been named the Snowflake AI Data Cloud Product Business Intelligence...

27 days ago - Business Wire

Fivetran Expands Snowflake Partnership with Iceberg Table Support and Enterprise-Ready Native Applications

SAN FRANCISCO--(BUSINESS WIRE)--Fivetran, the global leader in data movement, today announced an expanded partnership with Snowflake, the AI Data Cloud company, including Iceberg Table Support and a c...

27 days ago - Business Wire

Foundational Launches Data Metric Function Integration on the Snowflake AI Data Cloud

SAN FRANCISCO--(BUSINESS WIRE)-- #datacontracts--Foundational, a data management solution that proactively prevents issues in data platforms, today announced at Snowflake's annual user conference, Sno...

27 days ago - Business Wire

Lifshitz Law PLLC Announces Investigations of Checkpoint Therapeutics, Inc. (NASDAQ: CKPT), Fox Factory Holding Corp. (NASDAQ: FOXF), Snowflake Inc. (NYSE: SNOW), and Nextdoor Holdings, Inc. (NYSE: KIND)

NEW YORK, NY / ACCESSWIRE / June 5, 2024 / Lifshitz Law Firm, P.C. Checkpoint Therapeutics, Inc. (NASDAQ:CKPT) Lifshitz Law PLLC announces investigation into possible securities laws violations and/or...

Other symbols: CKPTFOXFKIND
27 days ago - Accesswire

Snowflake (SNOW) is Seeking A.I. Takeover Deals

Snowflake (SNOW) is seeking A.I. takeover deals.

4 weeks ago - Schwab Network

AtScale Launches Its Semantic Layer Platform, as a Snowflake Native App, on Snowflake Marketplace

SAN FRANCISCO--(BUSINESS WIRE)-- #DataCloud--AtScale announced at Snowflake's annual user conference, Snowflake Data Cloud Summit ‘24, the launch of AtScale's Semantic Layer Platform on Snowflake Mark...

4 weeks ago - Business Wire

Sigma Announces Two Snowflake Native Apps on Snowflake Marketplace to Offer a New, More Deeply Integrated Product for Joint Sigma and Snowflake Customers

SAN FRANCISCO--(BUSINESS WIRE)--Sigma, the only cloud analytics solution with a spreadsheet-like interface enabling anyone to explore data at cloud scale and speed, today announced at Snowflake's annu...

4 weeks ago - Business Wire

Alation Deepens Integration with Snowflake to Improve Data Quality and Deliver AI-Ready Data

The company's Open Data Quality Framework supports Snowflake Horizon to monitor the state and integrity of data and ensure trusted and accurate information for analytics and AI use cases The company's...

4 weeks ago - GlobeNewsWire

Redpoint Composable CDP Delivers Revenue-Generating, Personalized Customer Experiences for Customers, Powered by Snowflake

WELLESLEY, Mass.--(BUSINESS WIRE)--Redpoint Composable CDP Delivers Revenue-Generating, Personalized Customer Experiences for Customers, Powered by Snowflake.

4 weeks ago - Business Wire

Tonic.ai Launches Tonic Textual Snowflake Native App on Snowflake Marketplace

SAN FRANCISCO--(BUSINESS WIRE)-- #AI--Tonic.ai brings Tonic Textual's data privacy protection capabilities as a native deployment on the Snowflake Data Cloud.

4 weeks ago - Business Wire

Striim announces preview of Change Data Capture (CDC) Reader for Snowflake to operationalize analytical and AI models in real time

To learn how enterprises can streamline data unification in Snowflake and make it actionable across all teams in real time, visit Striim at booth #1503 at Snowflake Summit 2024 To learn how enterprise...

4 weeks ago - GlobeNewsWire

New Coalesce Marketplace Accelerates Snowflake Data Projects

Data Teams Can Now Build Data Pipelines in Minutes with Coalesce Packages Data Teams Can Now Build Data Pipelines in Minutes with Coalesce Packages

4 weeks ago - GlobeNewsWire

RelationalAI Debuts Knowledge Graph Coprocessor as Snowflake Native App on Snowflake Marketplace

Joint customers can now easily power decision making with intelligence by bringing knowledge and business logic closer to their data Joint customers can now easily power decision making with intellige...

4 weeks ago - GlobeNewsWire