Snowflake Inc. (SNOW) Stock Forecast & Price Target
Snowflake Inc. · NYSE
$270.48-2.44 (-0.89%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 39 firms covering Snowflake Inc, 35 rate it Buy or better, 4 sit at Hold, and 0 rate it Sell or worse, a strong buy consensus. Targets span $200.00 to $370.00, a moderate spread. The average target of $294.13 sits 9% above the current $270.48. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 34 to 35 over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.51 next quarter toward $2.69 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS39 ratings
Strong Buy
Strong Buy00%
Buy3590%
Hold410%
Sell00%
Strong Sell00%
Based on 39 analysts giving stock ratings to Snowflake Inc.
As of Jul, 35 of 39 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
$0.51
Range $0.45 – $0.65 · 42 analysts · +47% YoY
Next period, 42 analysts expect Snowflake Inc. to earn $0.51 a share (range $0.45 – $0.65), versus $0.35 a year earlier. Full-year consensus is $1.93, growing to $2.69 the year after.
REVENUE · NEXT QUARTER
$1.6B
Range $1.6B – $1.6B · 42 analysts · +29% YoY
Revenue is expected to reach $1.6B (range $1.6B – $1.6B), +29.4% year-over-year. Full-year consensus is $6.1B, rising to $7.6B 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
Raimo Lenschow
Barclays · Rank #285
Hold
$285.00+5.4% to target
Overall win rate
37%
+ Follow
#2
Adam Tindle
Raymond James · Rank #321
Buy
$275.00+1.7% to target
Overall win rate
30%
+ Follow
#3
Mayank Tandon
Needham · Rank #369
Buy
$330.00+22.0% to target
Overall win rate
18%
+ Follow
#4
Daniel Ives
Wedbush · Rank #375
Buy
$280.00+3.5% to target
Overall win rate
23%
+ Follow
#5
Patrick Walravens
JMP Securities · Rank #378
Buy
$325.00+20.2% to target
Overall win rate
15%
+ Follow
SNOW stock forecast FAQ
What is SNOW's average 12-month price target?+
The 31 analysts with a live target average $294.13 for Snowflake Inc. over the next 12 months, ranging from a $370.00 high to a $200.00 low.
Is SNOW stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 39 analyst ratings, 35 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 $370.00 (UBS), and the Street-low is $200.00 (Macquarie). The average of all 31 active targets is $294.13.
How many Wall Street analysts cover SNOW?+
39 analysts have an active rating on Snowflake Inc., and 31 firms carry a live 12-month price target.
Who is the most accurate analyst covering SNOW?+
Among analysts who currently cover SNOW, Raimo Lenschow of Barclays has the strongest overall Quantellect track record (Rank #285). Their current call is Hold with a $285.00 target.
What is Snowflake Inc.'s projected EPS for next quarter?+
The consensus estimate is $0.51 per share (range $0.45 – $0.65) across 42 analysts. Full-year EPS is projected at $1.93, rising to $2.69 the following year.
How much revenue is Snowflake Inc. expected to report next quarter?+
Consensus revenue is $1.6B (range $1.6B – $1.6B). Full-year revenue is projected at $6.1B, growing to $7.6B next year.
Have analysts been upgrading or downgrading SNOW lately?+
As of Jul, 35 of 39 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.
