Snowflake (NYSE:SNOW) Price Target Raised to $250.00 at Deutsche Bank Aktiengesellschaft

Snowflake (NYSE:SNOW) had its price objective upped by equities research analysts at Deutsche Bank Aktiengesellschaft from $230.00 to $250.00 in a report issued on Thursday,MarketScreener reports. The firm presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price indicates a potential downside of 0.80% from the company’s current price.

SNOW has been the topic of several other reports. Scotiabank reissued an “outperform” rating on shares of Snowflake in a research note on Thursday. Citizens Jmp reissued a “market outperform” rating and set a $325.00 target price on shares of Snowflake in a research note on Tuesday, May 19th. Oppenheimer boosted their target price on shares of Snowflake from $250.00 to $295.00 and gave the company an “outperform” rating in a research note on Thursday. Zacks Research raised shares of Snowflake from a “strong sell” rating to a “hold” rating in a research note on Wednesday, March 4th. Finally, HSBC set a $289.00 price target on shares of Snowflake and gave the stock a “buy” rating in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $284.38.

Snowflake Stock Performance

Shares of NYSE SNOW traded up $12.83 during midday trading on Thursday, hitting $252.03. 13,098,969 shares of the company’s stock were exchanged, compared to its average volume of 7,232,659. The firm has a market cap of $87.13 billion, a P/E ratio of -71.57 and a beta of 1.08. Snowflake has a twelve month low of $118.30 and a twelve month high of $280.67. The stock’s 50 day moving average price is $155.03 and its 200-day moving average price is $190.49. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.30 and a quick ratio of 1.30.

Snowflake (NYSE:SNOW) last announced its earnings results on Wednesday, May 27th. The company reported $0.39 earnings per share (EPS) for the quarter, beating 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 49.29%. The company had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.32 billion. During the same period in the previous year, the business earned $0.24 EPS. The company’s revenue was up 33.5% on a year-over-year basis. Equities research analysts anticipate that Snowflake will post -2.16 EPS for the current year.

Insider Activity at Snowflake

In other news, Director Frank Slootman sold 144,650 shares of the company’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $175.45, for a total value of $25,378,842.50. Following the transaction, the director directly owned 38,046 shares of the company’s stock, valued at approximately $6,675,170.70. This represents a 79.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Michael L. Speiser sold 50,338 shares of the company’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $175.19, for a total transaction of $8,818,714.22. Following the completion of the sale, the director owned 30,236 shares of the company’s stock, valued at $5,297,044.84. This represents a 62.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 484,313 shares of company stock valued at $81,766,598. 4.80% of the stock is owned by insiders.

Institutional Investors Weigh In On Snowflake

Hedge funds have recently bought and sold shares of the company. Total Clarity Wealth Management Inc. lifted its position in shares of Snowflake by 2.7% during the third quarter. Total Clarity Wealth Management Inc. now owns 1,508 shares of the company’s stock worth $340,000 after purchasing an additional 40 shares during the last quarter. Diligent Investors LLC raised its holdings in shares of Snowflake by 0.9% in the third quarter. Diligent Investors LLC now owns 4,594 shares of the company’s stock valued at $1,036,000 after acquiring an additional 40 shares in the last quarter. Hazlett Burt & Watson Inc. raised its holdings in shares of Snowflake by 44.1% in the third quarter. Hazlett Burt & Watson Inc. now owns 160 shares of the company’s stock valued at $36,000 after acquiring an additional 49 shares in the last quarter. Wolff Wiese Magana LLC raised its holdings in shares of Snowflake by 10.0% in the fourth quarter. Wolff Wiese Magana LLC now owns 549 shares of the company’s stock valued at $120,000 after acquiring an additional 50 shares in the last quarter. Finally, HHM Wealth Advisors LLC raised its holdings in shares of Snowflake by 50.0% in the fourth quarter. HHM Wealth Advisors LLC now owns 150 shares of the company’s stock valued at $33,000 after acquiring an additional 50 shares in the last quarter. 65.10% of the stock is currently owned by institutional investors.

More Snowflake News

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Snowflake delivered a strong Q1 earnings beat, with revenue and EPS both above Wall Street expectations and sales up 33.5% year over year. Article Title
• Positive Sentiment: The company raised full-year product revenue guidance, reflecting confidence in sustained demand for AI-driven cloud data services. Article Title
• Positive Sentiment: Snowflake announced a $6 billion AWS partnership tied to AI infrastructure, which investors view as a major growth catalyst and a sign it is central to the agentic AI trend. Article Title
• Positive Sentiment: Multiple analysts raised price targets after the earnings report, reinforcing the market’s view that Snowflake’s AI momentum could support further upside. Article Title
• Positive Sentiment: Snowflake said it plans to acquire Natoma, adding governance and identity tools for AI agents and broadening its enterprise AI platform. Article Title
• Neutral Sentiment: Director Frank Slootman disclosed a pre-planned sale of shares under a 10b5-1 trading plan; this is notable but does not appear to signal a change in fundamentals. Article Title
• Neutral Sentiment: Unusual call-option activity suggests traders are betting on more upside, but options flow alone doesn’t change the company’s operating outlook.

Snowflake Company Profile

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.