SnowflakeSNOW
SNOW
About: Founded in 2012, Snowflake is a data lake, warehousing, and sharing company that went public in 2020. To date, the company has over 3,000 customers, including nearly 30% of the Fortune 500. Snowflake's data lake stores unstructured and semistructured data that can then be used in analytics to create insights stored in its data warehouse. Snowflake's data sharing capability allows enterprises to buy and ingest data, while its data solutions can be hosted on various public clouds.
Employees: 7,004
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 22 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
7% more repeat investments, than reductions
Existing positions increased: 367 | Existing positions reduced: 343
8% less call options, than puts
Call options by funds: $2.3B | Put options by funds: $2.5B
6% less funds holding in top 10
Funds holding in top 10: 33 [Q2] → 31 (-2) [Q3]
7% less funds holding
Funds holding: 1,028 [Q2] → 957 (-71) [Q3]
7.02% less ownership
Funds ownership: 66.13% [Q2] → 59.1% (-7.02%) [Q3]
24% less capital invested
Capital invested by funds: $29.9B [Q2] → $22.7B (-$7.21B) [Q3]
31% less first-time investments, than exits
New positions opened: 117 | Existing positions closed: 170
Research analyst outlook
22 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$140
18%
downside
Avg. target
$196
15%
upside
High target
$225
32%
upside
22 analyst ratings
21 positive
95%
1 neutral
5%
0 negative
0%
Cantor Fitzgerald Thomas Blakey 69% 1-year accuracy 24 / 35 met price target | 18%upside $201 | Overweight Initiated | 16 Jan 2025 |
Oppenheimer Ittai Kidron 63% 1-year accuracy 30 / 48 met price target | 17%upside $200 | Outperform Maintained | 13 Jan 2025 |
Barclays Raimo Lenschow 57% 1-year accuracy 48 / 84 met price target | 11%upside $190 | Overweight Upgraded | 10 Jan 2025 |
Wells Fargo Michael Turrin 55% 1-year accuracy 48 / 87 met price target | 17%upside $200 | Overweight Upgraded | 7 Jan 2025 |
Piper Sandler Brent Bracelin 61% 1-year accuracy 74 / 122 met price target | 22%upside $208 | Overweight Maintained | 6 Jan 2025 |
Financial journalist opinion
Based on 24 articles about SNOW published over the past 30 days
Neutral
The Motley Fool
20 hours ago
Best Growth Stocks: Snowflake Stock vs. Palo Alto Stock
Snowflake (SNOW 1.88%) and Palo Alto Networks (PANW -0.03%) are excellent businesses, but only one can be the better investment in this comparison.
Positive
The Motley Fool
1 day ago
Prediction: These 2 Artificial Intelligence (AI) Stocks Could Be Worth More Than Palantir by 2030
Palantir (PLTR 3.65%) has gained a reputation for being one of the best artificial intelligence (AI) investments, with its stock rising a whopping 320% since the start of 2024. However, looking at its current valuation, one could argue the expectations baked into its price may not necessarily be grounded in the company's fundamentals.
Neutral
CNBC Television
3 days ago
Final Trades: Nvidia, Robinhood, Snowflake and CRH
The Investment Committee give you their top stocks to watch for the second half.
Positive
Investors Business Daily
4 days ago
Wall Street Says New CEO Putting Snowflake Back In Artificial Intelligence Race
Wall Street analysts are bullish on Snowflake stock as a new CEO ramps up artificial intelligence products amid a rivalry with Databricks. The post Wall Street Says New CEO Putting Snowflake Back In Artificial Intelligence Race appeared first on Investor's Business Daily.
Positive
Seeking Alpha
6 days ago
Snowflake: Great Company In The Growing Data/AI Industry
Snowflake's recent quarterly results show slowing revenue growth but strong forward-looking indicators, including a net revenue retention rate of 127% and significant free cash flow. The company is positioned for future growth with 542 customers generating over $1 million in product revenue and a 55% increase in remaining performance obligations. Key risks include increasing competition from Databricks, but Snowflake's ease of use and product cohesion could differentiate it in a growing market.
Positive
The Motley Fool
6 days ago
Why Snowflake Stock Is Climbing Today
Snowflake (SNOW 0.88%) stock is gaining ground in Tuesday's trading. The company's share price was up 0.5% as of 3:30 p.m.
Neutral
Zacks Investment Research
6 days ago
Brokers Suggest Investing in Snowflake (SNOW): Read This Before Placing a Bet
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Positive
Seeking Alpha
6 days ago
Snowflake - There's A Lot To Like In 2025
Snowflake (NYSE: SNOW) is poised for significant growth from 2025 onwards, driven by top-tier products, strong industry tailwinds, and solid fundamentals at a reasonable valuation. Despite slight margin decreases, Snowflake's 29% YoY revenue growth, 127% net revenue retention rate, and increasing large customer base highlight its robust financial health. Snowflake's $342 billion TAM by 2028 and aggressive investments in AI and new products position it to capture substantial market share.
Positive
Bloomberg Technology
1 week ago
Snowflake's Free AI Training Investment
Snowflake CEO Sridhar Ramaswamy announces a new "upskill" initiative on AI as they work to address a global skills shortage. He joins Caroline Hyde on "Bloomberg Technology" to discuss.
Positive
Zacks Investment Research
1 week ago
Snowflake Inc. (SNOW) Is a Trending Stock: Facts to Know Before Betting on It
Zacks.com users have recently been watching Snowflake (SNOW) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
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