Snowflake Inc. (SNOW) Stock Forecast & Price Target
Snowflake Inc. · NYSE
$335.65-1.52 (-0.45%)
15-min delayed · Sep 8, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 40 firms covering Snowflake Inc, 36 rate it Buy or better, 4 sit at Hold, and 0 rate it Sell or worse, a strong buy consensus. Targets range widely, $250.00 to $525.00 (about 2.1x), a sign of real disagreement on valuation. The average target of $412.00 sits 23% above the current $335.65. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.60 next quarter toward $2.96 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS40 ratings
Strong Buy
Strong Buy00%
Buy3690%
Hold410%
Sell00%
Strong Sell00%
Based on 40 analysts giving stock ratings to Snowflake Inc.
As of Sep, 36 of 40 firms rate SNOW a Buy (4 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
SNOW EPS & revenue forecast
EPS · NEXT QUARTER
$0.60
Range $0.54 – $0.78 · 39 analysts · +87% YoY
Next period, 39 analysts expect Snowflake Inc. to earn $0.60 a share (range $0.54 – $0.78), versus $0.32 a year earlier. Full-year consensus is $2.22, growing to $2.96 the year after.
REVENUE · NEXT QUARTER
$1.7B
Range $1.7B – $1.8B · 39 analysts · +34% YoY
Revenue is expected to reach $1.7B (range $1.7B – $1.8B), +34.0% year-over-year. Full-year consensus is $6.3B, rising to $8.0B next year.
Top analysts covering Snowflake Inc.
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on SNOW.
#1
Simon Leopold
Raymond James · Rank #320
Buy
$250.00-25.5% to target
Overall win rate
32%
+ Follow
#2
Raimo Lenschow
Barclays · Rank #353
Hold
$384.00+14.4% to target
Overall win rate
36%
+ Follow
#3
Adam Tindle
Raymond James · Rank #412
Buy
$425.00+26.6% to target
Overall win rate
29%
+ Follow
#4
Daniel Ives
Wedbush · Rank #437
Buy
$280.00-16.6% to target
Overall win rate
23%
+ Follow
#5
Mayank Tandon
Needham · Rank #445
Buy
$330.00-1.7% to target
Overall win rate
16%
+ Follow
SNOW stock forecast FAQ
What is SNOW's average 12-month price target?+
The 34 analysts with a live target average $412.00 for Snowflake Inc. over the next 12 months, ranging from a $525.00 high to a $250.00 low.
Is SNOW stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 40 analyst ratings, 36 are Buy or Strong Buy, 4 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for SNOW?+
The Street-high target is $525.00 (Wells Fargo), and the Street-low is $250.00. The average of all 34 active targets is $412.00.
How many Wall Street analysts cover SNOW?+
40 analysts have an active rating on Snowflake Inc., and 34 firms carry a live 12-month price target.
Who is the most accurate analyst covering SNOW?+
Among analysts who currently cover SNOW, Simon Leopold of Raymond James has the strongest overall Quantellect track record (Rank #320). Their current call is Buy with a $250.00 target.
What is Snowflake Inc.'s projected EPS for next quarter?+
The consensus estimate is $0.60 per share (range $0.54 – $0.78) across 39 analysts. Full-year EPS is projected at $2.22, rising to $2.96 the following year.
How much revenue is Snowflake Inc. expected to report next quarter?+
Consensus revenue is $1.7B (range $1.7B – $1.8B). Full-year revenue is projected at $6.3B, growing to $8.0B next year.
Have analysts been upgrading or downgrading SNOW lately?+
As of Sep, 36 of 40 firms rate SNOW a Buy (4 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their SNOW calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
JP Morgan
