Snowflake Inc. (NYSE:SNOW) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Snowflake Inc. (NYSE:SNOW) have received a consensus rating of “Moderate Buy” from the forty-one ratings firms that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, five have given a hold rating, thirty-four have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among brokers that have covered the stock in the last year is $293.5263.

A number of research analysts recently commented on SNOW shares. Canaccord Genuity Group upped their price objective on Snowflake from $240.00 to $325.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Deutsche Bank Aktiengesellschaft upped their price objective on Snowflake from $230.00 to $250.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Cantor Fitzgerald upped their price objective on Snowflake from $225.00 to $282.00 and gave the company an “overweight” rating in a report on Thursday, May 28th. Bank of America upped their price objective on Snowflake from $205.00 to $300.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Finally, Citigroup upped their price objective on Snowflake from $260.00 to $320.00 and gave the company a “buy” rating in a report on Friday, May 29th.

Snowflake Trading Down 2.7%

Shares of Snowflake stock opened at $226.02 on Thursday. The stock has a market cap of $78.34 billion, a P/E ratio of -64.21 and a beta of 1.35. The stock’s 50 day simple moving average is $184.06 and its 200-day simple moving average is $189.10. Snowflake has a 1-year low of $118.30 and a 1-year high of $284.99. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.05 and a quick ratio of 1.05.

Snowflake (NYSE:SNOW) last released its quarterly earnings data on Wednesday, May 27th. The company reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.32 by $0.07. Snowflake had a negative return on equity of 50.50% and a negative net margin of 23.79%.The firm had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.32 billion. During the same period in the prior year, the firm posted $0.24 earnings per share. The firm’s quarterly revenue was up 33.5% on a year-over-year basis. Analysts predict that Snowflake will post -1.87 EPS for the current fiscal year.

Key Snowflake News

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Truist reiterated a Buy rating on Snowflake and raised its price target to $300 from $275, citing constructive customer feedback following Snowflake Summit 2026. Truist Remains Bullish on Snowflake Inc. (SNOW)
• Positive Sentiment: Snowflake’s fifth annual Modern Marketing Data Stack report highlighted a wide ecosystem of partners, including RudderStack, Hightouch, Sigma, Amperity, Iterable, Acxiom, Tealium, Adstra, Verato, Ketch, Snowplow, Piano, DAS42, and others. The repeated “Leader” and “One to Watch” designations reinforce Snowflake’s role as the core platform for governed data activation and AI-driven marketing workflows. Snowplow Recognized as Leader in Snowflake’s Modern Marketing Data Stack Report for Third Consecutive Year
• Neutral Sentiment: Several partners publicized their recognition in Snowflake’s report at Cannes Lions 2026, which is mostly a marketing and ecosystem story rather than a direct financial update. While it supports Snowflake’s brand strength, the immediate stock impact may be limited. RudderStack Named a Leader in Snowflake’s Modern Marketing Data Stack Report

Insider Activity at Snowflake

In other Snowflake news, Director Michael L. Speiser sold 50,338 shares of the business’s stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $148.21, for a total value of $7,460,594.98. Following the sale, the director owned 29,396 shares of the company’s stock, valued at $4,356,781.16. The trade was a 63.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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 that occurred on Friday, May 29th. The shares were sold at an average price of $252.43, for a total value of $110,331,094.68. Following the completion of the sale, the director directly owned 38,046 shares in the company, valued at approximately $9,603,951.78. The trade was a 91.99% 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. Over the last three months, insiders have sold 1,688,856 shares of company stock worth $387,567,555. Insiders own 4.80% of the company’s stock.

Institutional Trading of Snowflake

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Kemnay Advisory Services Inc. purchased a new stake in Snowflake in the fourth quarter valued at approximately $28,000. Greenline Wealth Management LLC purchased a new stake in Snowflake in the fourth quarter valued at approximately $29,000. GoalVest Advisory LLC raised its position in Snowflake by 221.4% in the fourth quarter. GoalVest Advisory LLC now owns 135 shares of the company’s stock valued at $30,000 after purchasing an additional 93 shares during the period. Physician Wealth Advisors Inc. raised its position in Snowflake by 56.0% in the fourth quarter. Physician Wealth Advisors Inc. now owns 142 shares of the company’s stock valued at $31,000 after purchasing an additional 51 shares during the period. Finally, MV Capital Management Inc. purchased a new stake in Snowflake in the fourth quarter valued at approximately $32,000. Hedge funds and other institutional investors own 65.10% of the company’s stock.

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.