Brokerages Set Snowflake Inc. (NYSE:SNOW) PT at $296.68

Posted by Stanley Muller on Aug 12th, 2026

Shares of Snowflake Inc. (NYSE:SNOW – Get Free Report) have earned a consensus recommendation of “Moderate Buy” from the forty ratings firms that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, five have given a hold rating and thirty-four have given a buy rating to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $301.00.

A number of analysts recently weighed in on the stock. Evercore restated an “outperform” rating and set a $360.00 target price on shares of Snowflake in a report on Monday. Barclays upped their price target on Snowflake from $272.00 to $285.00 and gave the company an “equal weight” rating in a report on Thursday, June 4th. Weiss Ratings lowered Snowflake from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Thursday, June 11th. Jefferies Financial Group lifted their target price on Snowflake from $300.00 to $310.00 and gave the stock a “buy” rating in a report on Monday, July 20th. Finally, KeyCorp boosted their target price on Snowflake from $285.00 to $325.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th.

Check Out Our Latest Research Report on SNOW

Snowflake Price Performance

Shares of Snowflake stock opened at $334.93 on Friday. Snowflake has a 52 week low of $118.30 and a 52 week high of $340.50. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 1.18. The stock has a market cap of $116.09 billion, a PE ratio of -95.15 and a beta of 1.33. The company’s 50-day moving average price is $264.72 and its two-hundred day moving average price is $202.86.

Snowflake (NYSE:SNOW – Get Free Report) last announced its quarterly earnings data on Wednesday, May 27th. The company reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.07. Snowflake had a negative net margin of 23.79% and a negative return on equity of 50.50%. The company had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.32 billion. During the same quarter in the previous year, the company posted $0.24 EPS. The business’s revenue was up 33.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that Snowflake will post -1.84 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Michael L. Speiser sold 50,338 shares of Snowflake stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $245.21, for a total value of $12,343,380.98. Following the transaction, the director owned 27,716 shares of the company’s stock, valued at approximately $6,796,240.36. This trade represents a 64.49% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frank Slootman sold 437,076 shares of the business’s stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $252.43, for a total value of $110,331,094.68. Following the sale, the director owned 38,046 shares in the company, valued at approximately $9,603,951.78. The trade was a 91.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 2,172,001 shares of company stock valued at $535,037,959. 4.80% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Snowflake

Several hedge funds have recently made changes to their positions in the company. Kemnay Advisory Services Inc. acquired a new position in Snowflake in the 4th quarter worth approximately $28,000. Greenline Wealth Management LLC purchased a new stake in shares of Snowflake in the fourth quarter valued at $29,000. Basecamp Wealth Advisors LLC lifted its holdings in shares of Snowflake by 140.5% in the first quarter. Basecamp Wealth Advisors LLC now owns 202 shares of the company’s stock valued at $30,000 after purchasing an additional 118 shares in the last quarter. Physician Wealth Advisors Inc. boosted its position in shares of Snowflake by 56.0% in the fourth quarter. Physician Wealth Advisors Inc. now owns 142 shares of the company’s stock worth $31,000 after buying an additional 51 shares during the period. Finally, Emerald Advisers LLC boosted its position in shares of Snowflake by 95.2% in the first quarter. Emerald Advisers LLC now owns 205 shares of the company’s stock worth $31,000 after buying an additional 100 shares during the period. Hedge funds and other institutional investors own 65.10% of the company’s stock.

Key Snowflake News

Here are the key news stories impacting Snowflake this week:

Positive Sentiment: Large AWS commitment supports growth prospects. Snowflake agreed to a multiyear, $6 billion commitment with Amazon Web Services, reinforcing expectations that enterprises will use Snowflake’s platform to develop and deploy AI applications. The deal, combined with strong interest in Snowflake’s AI tools ahead of its second-quarter results, has helped drive investor optimism. Snowflake Lands a $6 Billion AWS Deal
Positive Sentiment: AI security and partner ecosystem are expanding. Snowflake launched Cortex AI Gateway to govern, secure, and coordinate first- and third-party AI agents. Integrations with Alteryx, Aembit, and 1Password further strengthen its AI Data Cloud and security ecosystem, potentially improving customer retention and broadening platform usage. Snowflake’s New AI Security Push
Positive Sentiment: New integrations and customer adoption support enterprise demand. Alteryx One was added to Snowflake Marketplace, giving customers no-code tools for analytics, workflows, and automation using governed enterprise data. Snowflake also is powering Saudi Arabia’s Zahid Group’s data and AI transformation, offering evidence of continued international and enterprise adoption. Snowflake Added a No-Code AI Data App Snowflake Powers Zahid Group’s Data and AI Transformation
Neutral Sentiment: Valuation is increasingly debated. Snowflake has delivered a substantial three-year return, and some discounted-cash-flow analysis indicates potential undervaluation. However, market-based valuation multiples and broader comparisons suggest the stock may already be expensive, particularly after its recent rally. Is Snowflake Stock a Bargain?
Neutral Sentiment: An article about “Snowflake Volunteer” refers to an unrelated Tor Android application, not Snowflake Inc.; it should not affect SNOW shares. Snowflake Volunteer Tor Android App

About Snowflake

(Get Free Report)

Snowflake Inc is a cloud-native data platform company that provides a suite of services for storing, processing and analyzing large volumes of data. Its core offering, often described as the Snowflake Data Cloud, combines data warehousing, data lake and data sharing capabilities in a single managed service delivered across major public cloud providers. The platform is designed to support analytics, data engineering, data science and application workloads with a focus on scalability, concurrency and simplified administration.

Key products and capabilities include a multi-cluster, shared-data architecture that separates compute from storage; continuous data ingestion and streaming; support for structured and semi-structured data formats; tools for data governance, security and compliance; and developer frameworks for building data applications.