Snowflake Inc. (SNOW)

NYSE: SNOW · IEX Real-Time Price · USD
162.73
-2.31 (-1.40%)
May 17, 2024, 1:12 PM EDT - Market open
-1.40%
Market Cap 54.44B
Revenue (ttm) 2.81B
Net Income (ttm) -836.10M
Shares Out 334.20M
EPS (ttm) -2.55
PE Ratio n/a
Forward PE 192.40
Dividend n/a
Ex-Dividend Date n/a
Volume 1,869,896
Open 163.72
Previous Close 165.04
Day's Range 161.55 - 164.42
52-Week Range 138.40 - 237.72
Beta 0.90
Analysts Buy
Price Target 205.66 (+26.44%)
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 38 analysts, the average rating for SNOW stock is "Buy." The 12-month stock price forecast is $205.66, which is an increase of 26.44% from the latest price.

Price Target
$205.66
(26.44% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

6 hours 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...

1 day 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.

1 day 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...

2 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.

8 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 ...

9 days ago - Business Wire

Amazon, AMD, Snowflake, Datadog, and Other Tech Stocks in Focus Today

The sector is struggling to keep recent momentum going early Tuesday amid disappointing earnings reports.

Other symbols: AMDAMZNDDOG
10 days ago - Barrons

Kipi.bi Achieves 100th SnowPro Advanced Certification, First in Snowflake Partner Network to Reach Milestone

HOUSTON--(BUSINESS WIRE)--Kipi.bi, a leading consultancy specializing in modern data engineering, data strategy, and business intelligence, proudly announces a significant milestone in its partnership...

15 days ago - Business Wire

Class Action Filed Against Snowflake Inc. (SNOW) Seeking Recovery for Investors - Contact Levi & Korsinsky

NEW YORK, NY / ACCESSWIRE / April 29, 2024 / If you suffered a loss on your Snowflake Inc. (NYSE:SNOW) investment and want to learn about a potential recovery under the federal securities laws, follow...

18 days ago - Accesswire

Investors in Snowflake Inc. Should Contact Levi & Korsinsky Before April 29, 2024 to Discuss Your Rights - SNOW

NEW YORK, NY / ACCESSWIRE / April 29, 2024 / If you suffered a loss on your Snowflake Inc. (NYSE:SNOW) investment and want to learn about a potential recovery under the federal securities laws, follow...

18 days ago - Accesswire

Snowflake to Announce Financial Results for the First Quarter of Fiscal 2025 on May 22, 2024

No-Headquarters/BOZEMAN, Mont.--(BUSINESS WIRE)-- #snowflakesummit--Snowflake (NYSE: SNOW), the Data Cloud company, today announced it will release its financial results for the first quarter of fisca...

18 days ago - Business Wire

SNOW DEADLINE TODAY: ROSEN, LEADING INVESTOR COUNSEL, Encourages Snowflake Inc. Investors to Secure Counsel Before Important April 29 Deadline in Securities Class Action – SNOW

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Class A common stock of Snowflake Inc. (NYSE: SNOW) between September 16, 2020 and March 2, 202...

18 days ago - Business Wire

Shareholders that lost money on Snowflake Inc.(SNOW) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More

NEW YORK, NY / ACCESSWIRE / April 28, 2024 / If you suffered a loss on your Snowflake Inc. (NYSE:SNOW) investment and want to learn about a potential recovery under the federal securities laws, follow...

18 days ago - Accesswire

SNOW LAWSUIT ALERT: Levi & Korsinsky Notifies Snowflake Inc. Investors of a Class Action Lawsuit and Upcoming Deadline

NEW YORK, NY / ACCESSWIRE / April 28, 2024 / If you suffered a loss on your Snowflake Inc. (NYSE:SNOW) investment and want to learn about a potential recovery under the federal securities laws, follow...

18 days ago - Accesswire

FINAL DEADLINE TOMORROW: The Schall Law Firm Encourages Investors in Snowflake Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / April 28, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Snowflake Inc. ("Snowflake" or "...

18 days ago - Accesswire

Shareholders that lost money on Snowflake Inc.(SNOW) should contact Levi & Korsinsky about pending Class Action - SNOW

NEW YORK, NY / ACCESSWIRE / April 28, 2024 / If you suffered a loss on your Snowflake Inc. (NYSE:SNOW) investment and want to learn about a potential recovery under the federal securities laws, follow...

18 days ago - Accesswire

Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of Snowflake Inc.(SNOW) Shareholders

NEW YORK, NY / ACCESSWIRE / April 28, 2024 / If you suffered a loss on your Snowflake Inc. (NYSE:SNOW) investment and want to learn about a potential recovery under the federal securities laws, follow...

19 days ago - Accesswire

Snowflake Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before April 29, 2024 to Discuss Your Rights - SNOW

NEW YORK, NY / ACCESSWIRE / April 28, 2024 / If you suffered a loss on your Snowflake Inc. (NYSE:SNOW) investment and want to learn about a potential recovery under the federal securities laws, follow...

19 days ago - Accesswire

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Snowflake Inc. (SNOW)

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming April 29, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investor...

21 days ago - Business Wire

Snowflake stock forecast: SNOW just formed a scary pattern

Snowflake (NYSE: SNOW) stock price has formed the dreaded death cross pattern as concerns about its growth trajectory continued. It crashed to a low of $144.50 this week, down by over 35% from its hig...

21 days ago - Invezz

Snowflake Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm Before April 29, 2024 to Discuss Your Rights - SNOW

NEW YORK , April 26, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Snowflake Inc. (NYSE: SNOW). Shareholders who purchased shares of SNOW during the class peri...

21 days ago - PRNewsWire

Class Action Filed Against Snowflake Inc. (SNOW) - April 29, 2024 Deadline to Join - Contact Levi & Korsinsky

NEW YORK, NY / ACCESSWIRE / April 26, 2024 / If you suffered a loss on your Snowflake Inc. (NYSE:SNOW) investment and want to learn about a potential recovery under the federal securities laws, follow...

21 days ago - Accesswire

Levi & Korsinsky Notifies Snowflake Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - SNOW

NEW YORK, NY / ACCESSWIRE / April 25, 2024 / If you suffered a loss on your Snowflake Inc. (NYSE:SNOW) investment and want to learn about a potential recovery under the federal securities laws, follow...

21 days ago - Accesswire

Shareholders of Snowflake Inc. Should Contact Levi & Korsinsky Before April 29, 2024 to Discuss Your Rights - SNOW

NEW YORK, NY / ACCESSWIRE / April 25, 2024 / If you suffered a loss on your Snowflake Inc. (NYSE:SNOW) investment and want to learn about a potential recovery under the federal securities laws, follow...

21 days ago - Accesswire

Snowflake Inc. Sued for Securities Law Violations - Contact Levi & Korsinsky Before April 29, 2024 to Discuss Your Rights – SNOW

NEW YORK, NY / ACCESSWIRE / April 25, 2024 / If you suffered a loss on your Snowflake Inc. (NYSE:SNOW) investment and want to learn about a potential recovery under the federal securities laws, follow...

21 days ago - Accesswire