Snowflake Inc. (SNOW)

NYSE: SNOW · IEX Real-Time Price · USD
129.00
-0.59 (-0.46%)
Jul 26, 2024, 4:00 PM EDT - Market closed
-0.46%
Market Cap 43.19B
Revenue (ttm) 3.01B
Net Income (ttm) -927.46M
Shares Out 334.80M
EPS (ttm) -2.80
PE Ratio n/a
Forward PE 193.97
Dividend n/a
Ex-Dividend Date n/a
Volume 2,853,831
Open 130.53
Previous Close 129.59
Day's Range 128.04 - 131.38
52-Week Range 122.60 - 237.72
Beta 0.85
Analysts Buy
Price Target 202.38 (+56.88%)
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 36 analysts, the average rating for SNOW stock is "Buy." The 12-month stock price forecast is $202.38, which is an increase of 56.88% from the latest price.

Price Target
$202.38
(56.88% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Snowflake Teams Up with Meta to Host and Optimize New Flagship Model Family in Snowflake Cortex AI

No-Headquarters/BOZEMAN, Mont.--(BUSINESS WIRE)-- #TheDataCloud--Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced that it will host the Llama 3.1 collection of multilingual open sour...

3 days ago - Business Wire

GoNetspeed Brings Town of Grandby 100% Fiber Internet through Upgraded Technology

GRANDBY, Mass.--(BUSINESS WIRE)--GoNetspeed today announced that the Town of Grandby will soon experience upgraded technology as GoNetspeed upgrades their infrastructure to 100% fiber internet. As GoN...

3 days ago - Business Wire

Celigo Unveils Latest Product Enhancements, Achieves Snowflake Ready Technology Validation and Announces New Partnership with CData

REDWOOD CITY, Calif.--(BUSINESS WIRE)-- #Automation--Celigo today announced its latest platform enhancements, approval as a Snowflake Ready Technology Validation partner and a new partnership with CDa...

9 days ago - Business Wire

AT&T's massive data breach deepens crisis for Snowflake seven weeks after hack was disclosed

Snowflake has a growing problem on its hands after AT&T said on Friday that data from "nearly all" wireless customers were connected to a breach. Prior to Friday, the most notable companies tied to th...

Other symbols: T
14 days ago - CNBC

Wells Fargo Posts Q2 Earnings, Joins Snowflake And Other Big Stocks Moving Lower In Friday's Pre-Market Session

U.S. stock futures were mixed this morning, with the Dow futures gaining around 10 points on Friday.

Other symbols: WFC
14 days ago - Benzinga

MessageGears Among The First To Integrate With Snowflake Cortex AI

ATLANTA--(BUSINESS WIRE)--MessageGears one of first to integrate Snowflake Cortex AI.

15 days ago - Business Wire

Anaconda Launches Snowflake Notebooks Integration to Further Democratize Python for Data Science, AI Use Cases

Data science and AI platform provider delivers secure Python Packages for Snowflake users, furthering its mission to make technology accessible to all Data science and AI platform provider delivers se...

17 days ago - GlobeNewsWire

Snowflake's Shift in Narrative and Product Velocity Key to Future Growth, Analyst Says

Needham analyst Mike Cikos reiterated Snowflake Inc SNOW with a Buy and a $210 price target.

18 days ago - Benzinga

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...

25 days 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

4 weeks 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...

5 weeks 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.

6 weeks 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
6 weeks 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
6 weeks 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...

6 weeks 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.

7 weeks 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.

7 weeks 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.

7 weeks 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...

7 weeks 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...

7 weeks 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...

7 weeks 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...

7 weeks 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...

7 weeks 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
7 weeks ago - Accesswire

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

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

7 weeks ago - Schwab Network