Snowflake Inc. (SNOW)

NYSE: SNOW · IEX Real-Time Price · USD
158.10
-5.24 (-3.21%)
May 24, 2024, 9:38 AM EDT - Market open
-3.21%
Market Cap 52.08B
Revenue (ttm) 2.81B
Net Income (ttm) -836.10M
Shares Out 334.20M
EPS (ttm) -2.55
PE Ratio n/a
Forward PE 184.62
Dividend n/a
Ex-Dividend Date n/a
Volume 762,878
Open 168.25
Previous Close 163.34
Day's Range 155.48 - 158.90
52-Week Range 138.40 - 237.72
Beta 0.90
Analysts Buy
Price Target 205.19 (+31.64%)
Earnings Date May 22, 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 39 analysts, the average rating for SNOW stock is "Buy." The 12-month stock price forecast is $205.19, which is an increase of 31.64% from the latest price.

Price Target
$205.19
(31.64% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Snowflake Misses Earnings and Operating Margin Guidance; Shares Drop

Snowflake (SNOW) shares declined Thursday after the cloud data storage provider missed profit estimates and lowered its operating margin guidance, even as sales jumped amid continued surging demand fo...

17 hours ago - Investopedia

Why Snowflake's stock is falling despite a boost to guidance

Trends are improving at Snowflake Inc., but perhaps not enough to settle the investor debate over the controversial software stock.

19 hours ago - Market Watch

Trading Strategies For Snowflake Stock Post Q1 Print, Spear Alpha Bounces In Uptrend As Nvidia Flies Higher - Snowflake (NYSE:SNOW)

Snowflake, Inc SNOW was volatile on Thursday, popping up almost 4% higher at one point before falling almost 8% from the high-of-day in reaction to the company's mixed first-quarter earnings print.

20 hours ago - Benzinga

Snowflake (SNOW) Rises Then Falls After Earnings

Snowflake (SNOW) started the day rising after earnings, boosting their collaboration with Nvidia (NVDA). Renita Young discusses this as multiple analysts raised Snowflake's price targets after earning...

20 hours ago - Schwab Network

NVDA, SNOW Rally & LYV Plummets

S&P 500 and Nasdaq-100 are set to open at new all-time highs. Tom White discusses this, as well as how Nvidia (NVDA) rallies as 1Q revenue tripled from last year.

Other symbols: NVDA
21 hours ago - Schwab Network

Snowflake Stock Drops After Earnings: What To Know

Snowflake stock is lower Thursday after the company missed on the bottom line in its Q1 and gave disappointing full-year guidance. Here's what you need to know.

21 hours ago - Kiplinger

Snowflake Stock Falls. Why It's Being Left Out of the AI Rally

Revenue was better than expected, but the tech stock fell after executives said on an earnings call that growth moderated in April.

21 hours ago - Barrons

TSMC, Snowflake, Super Micro Computer, Micron, and Other Tech Stocks in Focus Today

Tech stocks looked set for a strong start to the day as Nvidia's earnings reignited the sector's rally.

Other symbols: MUSMCITSM
1 day ago - Barrons

Snowflake CEO talks collaboration with Nvidia: 'There's a lot to come'

In a Wednesday interview with CNBC's Jim Cramer, Snowflake CEO Sridhar Ramaswamy indicated the cloud data company will collaborate further with AI giant Nvidia. Ramaswamy teased new product announceme...

Other symbols: NVDA
1 day ago - CNBC

Snowflake CEO joins Jim Cramer after earnings report drives stock higher

Snowflake CEO Sridhar Ramaswamy joins 'Mad Money' host Jim Cramer to talk its quarterly results which drove the stock higher after hours.

1 day ago - CNBC Television

Language models 'just the beginning' of accelerated computing: Snowflake CEO on working with Nvidia

Snowflake CEO Sridhar Ramaswamy joins 'Mad Money' host Jim Cramer to talk its quarterly results which drove the stock higher after hours.

Other symbols: NVDA
1 day ago - CNBC Television

Snowflake acquires TruEra to deliver LLM observability inside data cloud

The move to acquire TruEra is expected to support Snowflake's mission to deliver end-to-end capabilities for building AI apps with data cloud.

1 day ago - VentureBeat

Snowflake shares jump on mixed earnings

Michael Turrin, Wells Fargo analyst, joins 'Closing Bell Overtime' to talk Snowflake's quarterly results.

1 day ago - CNBC Television

SNOW, SNPS, ELF, VF: Earnings Just Released

Snowflake (SNOW), Synopsys (SNPS), E.L.F. Beauty (ELF), and VF Corp. (VF) earnings were just released.

Other symbols: ELFSNPSVFC
1 day ago - Schwab Network

Snowflake sees second-quarter product revenue above estimates

Snowflake forecast second-quarter product revenue above Wall Street estimates and raised its expectations for the year on Wednesday on strong demand for its cloud-based services, amid a surge in use o...

1 day ago - Reuters

Snowflake boosts its forecast, and its stock is cruising higher

In its first quarterly report since announcing the surprise departure of its chief executive, Snowflake Inc. upped its full-year forecast, to the delight of Wall Street.

1 day ago - Market Watch

Snowflake Reports Financial Results for the First Quarter of Fiscal 2025

No-Headquarters/BOZEMAN, Mont.--(BUSINESS WIRE)---- $SNOW #TheAIDataCloud--Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced financial results for its first quarter of fiscal 2025, en...

1 day ago - Business Wire

Earnings Exchange: Nvidia, Synopsis & Snowflake

Danielle Shay, vice president of options at Simpler Trading, joins CNBC's 'The Exchange' with trades on Nvidia, Synopsys, and Snowflake.

Other symbols: NVDASNPS
1 day ago - CNBC Television

Which Is A Better Pick – Norfolk Southern Or Snowflake Stock?

We think Norfolk Southern stock (NYSE: NSC) and Snowflake stock (NYSE: SNOW) will offer similar returns in the next three years. Although these companies are from different sectors, they share similar...

Other symbols: NSC
4 days ago - Forbes

Snowflake Said to Pursue Startup Reka AI for $1 Billion

Snowflake is said to be in talks to acquire startup Reka AI for more than $1 billion, expanding the software maker's effort to offer generative AI capabilities. Tom Mackenzie reports on Bloomberg Tele...

7 days ago - Bloomberg Markets and Finance

Persistent Achieves Premier Services Partner Status with Snowflake, Boosting Data Management and Analytics Capabilities

SANTA CLARA, Calif. and PUNE, India , May 16, 2024 /PRNewswire/ -- Persistent Systems  (BSE: PERSISTENT) (NSE: PERSISTENT), a global Digital Engineering and Enterprise Modernization leader, today anno...

8 days ago - PRNewsWire

Snowflake invests in Metaplane to solve data quality issues plaguing AI development

The investment in Metaplane will enable Snowflake customers to closely monitor the quality of their data assets moving through different stages of the pipeline to power downstream applications.

8 days ago - VentureBeat

PurpleCube AI partners with Snowflake to Revolutionize Data Engineering with Next-Generation AI and Machine Learning

SAN FRANCISCO--(BUSINESS WIRE)-- #DataAnalytics--PurpleCube AI, a unified data orchestration platform, has partnered with Snowflake, the Data Cloud company, to drive data-driven innovation at unpreced...

9 days ago - Business Wire

Struggling Tech Stock To Avoid This Month

Snowflake (SNOW) has had some trouble breaking over the $160 level for the past couple months. The stock is trading well below its February bear gap and is down 20.5% since the start of the year.

15 days ago - Forbes

Snowflake Unveils the Future of Enterprise AI, Apps, and Data at Sixth-Annual Data Cloud Summit

SAN FRANCISCO--(BUSINESS WIRE)-- #TheDataCloud--Snowflake (NYSE: SNOW), the Data Cloud company, will host its largest user-conference ever with Snowflake Data Cloud Summit 2024, live in San Francisco ...

16 days ago - Business Wire