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
Target Low Average Median High
Price $121 $176.54 $180 $230
Change +2.20% +49.12% +52.04% +94.27%

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 '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 131312151414
Buy 141414121212
Hold 101010101011
Sell 000000
Strong Sell 111111
Total 383837383738

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
Hold
Upgrades
$121
Hold Upgrades $121 +2.20% Aug 23, 2024
More Analyst Ratings

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%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Jan 31, 2020 Jan 31, 2021 Jan 31, 2022 Jan 31, 2023 Jan 31, 2024 Jan 31, 2025 Jan 31, 2026 Jan 31, 2027
Revenue
264.75M592.05M1.22B2.07B2.81B3.60B4.43B5.43B
Revenue Growth
173.88%123.63%105.95%69.41%35.86%28.24%22.98%22.68%
EPS
-7.77-3.81-2.26-2.50-2.550.630.981.52
EPS Growth
------56.01%54.72%
Forward PE
-----188.37120.7478.04
No. Analysts -----454525
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
High
37.2%
39.0%
45.7%
Avg
28.2%
23.0%
22.7%
Low
22.7%
12.7%
12.5%

EPS Forecast

EPS 20242025202620272028
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 20242025202620272028
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.