A share price of Snowflake Inc [SNOW] is currently trading at $181.51, up 1.24%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SNOW shares have gain 4.24% over the last week, with a monthly amount glided 17.13%, 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 experienced fluctuations in its stock price throughout the past year between $107.13 and $237.72. Currently, Wall Street analysts expect the stock to reach $166.25 within the next 12 months. Snowflake Inc [NYSE: SNOW] shares were valued at $181.51 at the most recent close of the market. An investor can expect a potential drop of -8.41% based on the average SNOW price forecast.
Analyzing the SNOW fundamentals
Trailing Twelve Months sales for Snowflake Inc [NYSE:SNOW] were 3.41B which represents 28.32% growth. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.89.
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 179.63 points at the first support level, and at 177.75 for the second support level. However, for the 1st resistance point, the stock is sitting at 184.63, and for the 2nd resistance point, it is at 187.75.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Snowflake Inc [NYSE:SNOW] is 1.85. As well, the Quick Ratio is 1.85, while the Cash Ratio is 0.81. Considering the valuation of this stock, the price to sales ratio is 17.55, the price to book ratio is 20.45.
Transactions by insiders
Recent insider trading involved Slootman Frank, Director, that happened on Jan 22 ’25 when 0.13 million shares were sold. Director, Slootman Frank completed a deal on Jan 21 ’25 to sell 72753.0 shares. Meanwhile, President of Products Dageville Benoit sold 18750.0 shares on Jan 21 ’25.
