Snowflake Inc. (SNOW)
NYSE: SNOW · Real-Time Price · USD
118.39
+1.06 (0.90%)
At close: Oct 29, 2024, 4:00 PM
119.36
+0.97 (0.82%)
After-hours: Oct 29, 2024, 7:53 PM EDT
Snowflake Stock Forecast
Stock Price Forecast
The 35 analysts with 12-month price forecasts for Snowflake stock have an average target of 176.54, with a low estimate of 121 and a high estimate of 230. The average target predicts an increase of 49.12% from the current stock price of 118.39.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Snowflake stock from 38 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 13 | 13 | 12 | 15 | 14 | 14 |
| Buy | 14 | 14 | 14 | 12 | 12 | 12 |
| Hold | 10 | 10 | 10 | 10 | 10 | 11 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 38 | 38 | 37 | 38 | 37 | 38 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| DA Davidson | DA Davidson | Strong Buy Maintains $175 | Strong Buy | Maintains | $175 | +47.82% | Oct 3, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $180 | Strong Buy | Maintains | $180 | +52.04% | Oct 2, 2024 |
| Argus Research | Argus Research | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Oct 1, 2024 |
| UBS | UBS | Hold Maintains $155 → $125 | Hold | Maintains | $155 → $125 | +5.58% | Sep 24, 2024 |
| HSBC | HSBC | Sell → Hold Upgrades $121 | Sell → Hold | Upgrades | $121 | +2.20% | Aug 23, 2024 |
Financial Forecast
Revenue This Year
3.60B
from 2.81B
Increased by 28.24%
Revenue Next Year
4.43B
from 3.60B
Increased by 22.98%
EPS This Year
0.63
from -2.55
EPS Next Year
0.98
from 0.63
Increased by 56.01%
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 | 5.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 37.2% | 39.0% | 45.7% | ||
| Avg | 28.2% | 23.0% | 22.7% | ||
| Low | 22.7% | 12.7% | 12.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.14 | 1.82 | 2.45 | ||
| Avg | 0.63 | 0.98 | 1.52 | ||
| Low | 0.50 | 0.58 | 1.00 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 189.0% | 149.5% | ||
| Avg | - | 56.0% | 54.7% | ||
| Low | - | -7.1% | 1.9% |
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.