Snowflake (SNOW) Expected to Post Quarterly Earnings on Wednesday

Snowflake (NYSE:SNOW) will likely be releasing its Q2 2027 results after the market closes on Wednesday, September 2nd. Analysts expect the company to post earnings of $0.4468 per share and revenue of $1.4831 billion for the quarter. Individuals may visit the the company’s upcoming Q2 2027 earning results page for the latest details on the call scheduled for Wednesday, September 2, 2026 at 5:00 PM ET.

Snowflake Price Performance

Shares of NYSE SNOW opened at $327.08 on Monday. Snowflake has a twelve month low of $118.30 and a twelve month high of $341.95. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 1.18. The company has a market capitalization of $113.37 billion, a price-to-earnings ratio of -92.92 and a beta of 1.33. The business has a 50 day simple moving average of $287.74 and a 200-day simple moving average of $215.28.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Barclays upped their target price on Snowflake from $285.00 to $332.00 and gave the company an “equal weight” rating in a report on Thursday. Needham & Company LLC raised their price target on Snowflake from $300.00 to $330.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Scotiabank boosted their price objective on Snowflake from $285.00 to $320.00 and gave the company a “sector outperform” rating in a research report on Monday, June 8th. Rosenblatt Securities upped their price objective on Snowflake from $275.00 to $285.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Finally, Robert W. Baird increased their target price on Snowflake from $280.00 to $350.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 25th. Thirty-four equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $328.14.

Insider Activity at Snowflake

In other Snowflake news, Director Frank Slootman sold 48,990 shares of the business’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $320.78, for a total transaction of $15,715,012.20. Following the completion of the transaction, the director owned 28,535 shares in the company, valued at approximately $9,153,457.30. The trade was a 63.19% decrease in their position. The sale 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, EVP Christian Kleinerman sold 25,000 shares of the stock in a transaction on Friday, August 7th. The stock was sold at an average price of $325.00, for a total value of $8,125,000.00. Following the completion of the transaction, the executive vice president directly owned 340,379 shares of the company’s stock, valued at approximately $110,623,175. The trade was a 6.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,156,901 shares of company stock worth $321,725,352 in the last three months. 4.80% of the stock is owned by company insiders.

Hedge Funds Weigh In On Snowflake

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Kemnay Advisory Services Inc. bought a new stake in shares of Snowflake during the 4th quarter worth about $28,000. Greenline Wealth Management LLC bought a new position in shares of Snowflake in the fourth quarter valued at approximately $29,000. JPL Wealth Management LLC acquired a new position in shares of Snowflake during the third quarter valued at approximately $39,000. Geneos Wealth Management Inc. raised its holdings in Snowflake by 29.7% during the first quarter. Geneos Wealth Management Inc. now owns 319 shares of the company’s stock worth $47,000 after purchasing an additional 73 shares in the last quarter. Finally, Strive Financial Group LLC bought a new stake in Snowflake during the fourth quarter worth approximately $59,000. Institutional investors own 65.10% of the company’s stock.

About Snowflake

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.