Snowflake Inc [SNOW] stock is trading at $177.49, up 2.28%. An important factor to consider is whether the stock is rising or falling in short-term value. The SNOW shares have gain 8.62% over the last week, with a monthly amount glided 9.16%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Snowflake Inc [NYSE: SNOW] stock has seen the most recent analyst activity on January 17, 2025, when Cantor Fitzgerald initiated its Overweight rating and assigned the stock a price target of $201. Previously, Barclays upgraded its rating to Overweight on January 10, 2025, and kept the price target unchanged to $190. On January 07, 2025, upgrade upgraded it’s rating to Overweight and revised its price target to $200 on the stock. Wedbush upgraded its rating to a Outperform but stick to its price target of $190 on November 25, 2024. Monness Crespi & Hardt reiterated its recommendation of a Buy and raised its price target to $188 on November 21, 2024. Monness Crespi & Hardt upgraded its rating to Buy for this stock on November 06, 2024, but kept the price target unchanged to $140. In a note dated October 22, 2024, Cleveland Research downgraded an Neutral rating on this stock.
Snowflake Inc [SNOW] stock has fluctuated between $107.13 and $237.72 over the past year. Currently, Wall Street analysts expect the stock to reach $166.25 within the next 12 months. Snowflake Inc [NYSE: SNOW] shares were valued at $177.49 at the most recent close of the market. An investor can expect a potential drop of -6.33% based on the average SNOW price forecast.
Analyzing the SNOW fundamentals
Snowflake Inc [NYSE:SNOW] reported sales of 3.41B for the trailing twelve months, which represents a growth of 28.32%. Gross Profit Margin for this corporation currently stands at 0.67% with Operating Profit Margin at -0.39%, Pretax Profit Margin comes in at -0.33%, and Net Profit Margin reading is -0.33%. To continue investigating profitability, this company’s Return on Assets is posted at -0.14, Equity is -0.27 and Total Capital is -0.24. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.89.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 174.59 points at the first support level, and at 171.70 for the second support level. However, for the 1st resistance point, the stock is sitting at 178.99, and for the 2nd resistance point, it is at 180.50.
Ratios To Look Out For
For context, Snowflake Inc’s Current Ratio is 1.85. On the other hand, the Quick Ratio is 1.85, and the Cash Ratio is 0.81. Considering the valuation of this stock, the price to sales ratio is 17.16, the price to book ratio is 20.00.
Transactions by insiders
Recent insider trading involved Slootman Frank, Director, that happened on Jan 22 ’25 when 0.13 million shares were purchased. Director, Slootman Frank completed a deal on Jan 21 ’25 to buy 72753.0 shares. Meanwhile, Officer Dageville Benoit bought 18750.0 shares on Jan 21 ’25.
