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Snowflake (SNOW)
NYSE:SNOW
Snowflake (SNOW) Stock Price & Analysis
9,322 Followers
SNOW Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$138.40 - $237.72
Previous Close$150.74
Volume3.66M
Average Volume (3M)6.00M
Market Cap
$50.02B
Enterprise Value$46.96B
Total Cash (Recent Filing)$3.85B
Total Debt (Recent Filing)$287.98M
Price to Earnings (P/E)―
Beta1.45
Next Earnings
Aug 21, 2024EPS Estimate
$0.16Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.81
Shares Outstanding334,200,000
10 Day Avg. Volume6,307,746
30 Day Avg. Volume5,997,094
Standard Deviation0.12
R-Squared0.14
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)13.48
Price to Sales (P/S)65.03
Price to Cash Flow (P/CF)37.90
P/FCF Ratio40.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue16.73
Enterprise Value/Gross Profit24.61
Enterprise Value/Ebitda-65.58
Forecast
1Y Price Target
$207.14Price Target Upside38.75% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering34
Snowflake News
PremiumMarket News
Who Owns Snowflake Stock (SNOW)?
PremiumStock Analysis & Ideas
Snowflake (NYSE:SNOW): This AI Stock Is Severely Underrated
Bulls Say, Bears Say
Bulls Say
Financial HealthWith a robust balance sheet featuring $4.5 billion in cash and investments and no debt, SNOW demonstrates strong financial health, ensuring resilience and the ability to invest in growth opportunities.
Financial PerformanceSNOW reported strong financial performance, with significant product revenue growth and a substantial increase in remaining performance obligations, showcasing future revenue potential.
Market PositioningSolid execution and an increasing customer base, along with an optimistic full-year revenue forecast, position SNOW well in the market to capitalize on the shift to cloud-based data and analytics.
Bears Say
Financial PerformanceLowered its profitability outlook due to higher costs associated with AI initiatives.
Growth StrategyLack of clarity around Snowflake's future growth trajectory and strategy.
Investor SentimentInvestor confidence in growth durability and management's credibility is tenuous.
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Ownership Overview
49.74% Insiders
15.93% Mutual Funds
32.33% Other Institutional Investors
2.00% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Snowflake
Desktop Users
Mobile Users
SNOW FAQ
What was Snowflake’s price range in the past 12 months?
Snowflake lowest stock price was $138.40 and its highest was $237.72 in the past 12 months.
What is Snowflake’s market cap?
Currently, no data Available
When is Snowflake’s upcoming earnings report date?
Snowflake’s upcoming earnings report date is Aug 21, 2024 which is in 84 days.
How were Snowflake’s earnings last quarter?
Snowflake released its earnings results on May 22, 2024. The company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.179 by -$0.039.
Is Snowflake overvalued?
According to Wall Street analysts Snowflake’s price is currently Undervalued.
Does Snowflake pay dividends?
Snowflake does not currently pay dividends.
What is Snowflake’s EPS estimate?
Snowflake’s EPS estimate is $0.16.
How many shares outstanding does Snowflake have?
Snowflake has 335,041,780 shares outstanding.
What happened to Snowflake’s price movement after its last earnings report?
Snowflake reported an EPS of $0.14 in its last earnings report, missing expectations of $0.179. Following the earnings report the stock price went down -5.363%.
Which hedge fund is a major shareholder of Snowflake?
Among the largest hedge funds holding Snowflake’s share is Altimeter Capital Management, LLC. It holds Snowflake’s shares valued at 2B.
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Snowflake Stock Smart Score
Neutral
1
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5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$207.14 (38.75% Upside)
$207.14 (38.75% Upside)
Blogger Sentiment
Bullish
SNOW Sentiment 75%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 2.3M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $1.8M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
0.48%
12-Months-Change
Fundamentals
Return on Equity
-18.84%
Trailing 12-Months
Asset Growth
-2.00%
Trailing 12-Months
Company Description
Snowflake
Founded in 2012, Snowflake Inc. is a cloud-based company which provides a data platform in the United States and internationally. The company's platform enables customers to consolidate data into a single source to drive meaningful business insights, build data-driven applications, and share data.
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SNOW Company Deck
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SNOW Earnings Call
Q1 2024
0:00 / 0:00
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SNOW Revenue Breakdown
95.02% Product
4.98% Professional services and other
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SNOW Stock 12 Month Forecast
Average Price Target
$207.14
▲(38.75% Upside)
Technical Analysis
Best Analysts Covering SNOW
1 Year
1 Year Success Rate
10/15 ratings generated profit
1 Year Average Return
+4.07%
reiterated a buy rating 7 days ago
Copying William Power's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +4.07% per trade.
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