Snowflake Inc. (NYSE:SNOW) Stock Now Rated “Moderate Buy” by Wall Street Analysts

Posted by Geri Gentry on Oct 26th, 2026

Snowflake Inc. (NYSE:SNOW – Get Free Report) has been assigned a consensus rating of “Moderate Buy” from the forty-two analysts that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, five have given a hold rating and thirty-six have issued a buy rating on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $413.87.

SNOW has been the subject of several research reports. Wells Fargo & Company raised their target price on Snowflake from $500.00 to $525.00 and gave the stock an “overweight” rating in a research report on Thursday, September 3rd. TD Cowen increased their price objective on Snowflake from $370.00 to $450.00 and gave the company a “buy” rating in a research report on Thursday, September 3rd. Benchmark raised their price objective on shares of Snowflake from $290.00 to $360.00 and gave the company a “buy” rating in a research note on Tuesday, August 25th. DA Davidson raised their target price on Snowflake from $300.00 to $450.00 and gave the stock a “buy” rating in a report on Thursday, September 3rd. Finally, The Goldman Sachs Group boosted their price target on shares of Snowflake from $300.00 to $436.00 and gave the company a “buy” rating in a report on Thursday, September 3rd.

Read Our Latest Stock Analysis on Snowflake

Snowflake Stock Down 0.1%

NYSE SNOW opened at $325.26 on Wednesday. Snowflake has a 12 month low of $118.30 and a 12 month high of $384.56. The company has a market capitalization of $114.75 billion, a P/E ratio of -102.28 and a beta of 1.35. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.94 and a quick ratio of 0.94. The company’s 50 day simple moving average is $331.76 and its 200 day simple moving average is $261.53.

Snowflake (NYSE:SNOW – Get Free Report) last posted its quarterly earnings data on Wednesday, September 2nd. The company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.17. The firm had revenue of $1.55 billion for the quarter, compared to analysts’ expectations of $1.48 billion. Snowflake had a negative net margin of 20.07% and a negative return on equity of 46.32%. The company’s quarterly revenue was up 35.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.35 EPS. Equities research analysts expect that Snowflake will post -1.44 earnings per share for the current fiscal year.

Key Snowflake News

Here are the key news stories impacting Snowflake this week:

Positive Sentiment: Cloud software shares are rebounding, providing a favorable sector backdrop for Snowflake. Investors are focusing on demand for cloud infrastructure, data analytics and application security. Cloud Stocks Rebound
Positive Sentiment: New partnerships with Adstra, Lumen Technologies and ATTOM are expanding use of Snowflake’s AI Data Cloud across marketing, networking, property data and secure AI workloads. Greater integration could increase customer usage and consumption-based revenue over time. Snowflake AI Partnerships
Positive Sentiment: Recent commentary from analysts and investment managers highlights Snowflake’s AI momentum, accelerating product adoption and potential to benefit from a multiyear enterprise AI spending cycle. Some analysts view SNOW as a more attractive enterprise AI opportunity than Broadcom or Salesforce. Snowflake Versus Broadcom
Neutral Sentiment: Comparisons with Salesforce frame Snowflake as the faster-growing, specialized data-cloud company, while Salesforce offers greater profitability and scale. The debate may attract investors but does not create an immediate change to Snowflake’s outlook. Salesforce Versus Snowflake
Negative Sentiment: Coverage questioning whether Snowflake is fully valued points to recent share-price momentum and the risk that substantial AI expectations are already reflected in the stock. Investors may require evidence that partnerships translate into sustained revenue and earnings growth. Is Snowflake Fully Valued?
Negative Sentiment: Director Frank Slootman sold 300,000 shares worth approximately $94.9 million, reducing his stake by 94%. The transaction was made under a pre-arranged Rule 10b5-1 plan, limiting its signaling value, but the size of the sale may weigh on sentiment. Slootman Insider Sale

Insider Activity at Snowflake

In related news, EVP Christian Kleinerman sold 15,000 shares of the firm’s stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $341.57, for a total transaction of $5,123,550.00. Following the sale, the executive vice president directly owned 313,738 shares in the company, valued at $107,163,488.66. This trade represents a 4.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Michael Speiser sold 403 shares of Snowflake stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $344.00, for a total value of $138,632.00. Following the completion of the sale, the director directly owned 21,767 shares in the company, valued at $7,487,848. This represents a 1.82% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,246,429 shares of company stock valued at $408,832,628 over the last three months. Insiders own 4.80% of the company’s stock.

Hedge Funds Weigh In On Snowflake

A number of large investors have recently made changes to their positions in SNOW. Janus Henderson Group PLC raised its stake in Snowflake by 22.2% in the 1st quarter. Janus Henderson Group PLC now owns 2,997,385 shares of the company’s stock worth $452,014,000 after purchasing an additional 544,960 shares in the last quarter. Pictet Asset Management Holding SA increased its stake in shares of Snowflake by 44.7% in the 1st quarter. Pictet Asset Management Holding SA now owns 2,600,571 shares of the company’s stock valued at $392,259,000 after purchasing an additional 803,110 shares during the last quarter. Swedbank AB raised its stake in Snowflake by 24.0% during the first quarter. Swedbank AB now owns 1,649,771 shares of the company’s stock worth $248,818,000 after acquiring an additional 319,356 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. lifted its stake in Snowflake by 76.9% in the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,171,833 shares of the company’s stock valued at $176,736,000 after purchasing an additional 509,230 shares during the last quarter. Finally, Swiss National Bank boosted its holdings in shares of Snowflake by 7.1% during the 1st quarter. Swiss National Bank now owns 944,600 shares of the company’s stock valued at $142,465,000 after acquiring an additional 62,600 shares in the last quarter. Institutional investors own 65.10% of the company’s stock.

About Snowflake

(Get Free Report)

Snowflake Inc is a cloud-based data platform company that helps organizations store, process, analyze and share data across public cloud environments. Its platform is designed to support data warehousing, data lakes, data engineering, data applications and analytics without requiring customers to manage the underlying hardware or software infrastructure.

Snowflake offers services for data sharing and collaboration, allowing organizations to securely exchange data with internal teams, customers, partners and third-party providers.