Barclays Has Lowered Expectations for Snowflake (NYSE:SNOW) Stock Price

Snowflake (NYSE:SNOW) had its target price decreased by Barclays from $204.00 to $192.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm currently has an “equal weight” rating on the stock. Barclays‘s target price points to a potential upside of 14.00% from the company’s previous close.

Other research analysts have also issued reports about the stock. Guggenheim reissued a “neutral” rating on shares of Snowflake in a report on Wednesday, February 18th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Snowflake from $250.00 to $275.00 and gave the company a “buy” rating in a research report on Thursday, December 4th. Piper Sandler reduced their target price on shares of Snowflake from $285.00 to $230.00 and set an “overweight” rating on the stock in a report on Thursday. Monness Crespi & Hardt upped their target price on shares of Snowflake from $275.00 to $282.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Bank of America increased their price target on shares of Snowflake from $280.00 to $310.00 and gave the company a “buy” rating in a report on Monday, November 17th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $248.58.

Snowflake Trading Down 2.7%

Shares of Snowflake stock opened at $168.42 on Thursday. The firm has a market cap of $57.63 billion, a price-to-earnings ratio of -42.64 and a beta of 1.14. The business has a 50-day moving average price of $198.95 and a 200-day moving average price of $222.58. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 1.07. Snowflake has a twelve month low of $120.10 and a twelve month high of $280.67.

Snowflake (NYSE:SNOW) last announced its quarterly earnings results on Wednesday, February 25th. The company reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.05. The company had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.25 billion. Snowflake had a negative return on equity of 48.50% and a negative net margin of 28.43%.The firm’s revenue was up 30.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.30 earnings per share. Equities research analysts anticipate that Snowflake will post -2.36 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Frank Slootman sold 200,000 shares of Snowflake stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $221.83, for a total transaction of $44,366,000.00. Following the completion of the sale, the director directly owned 50,329 shares in the company, valued at approximately $11,164,482.07. This trade represents a 79.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Vivek Raghunathan sold 11,801 shares of the company’s stock in a transaction dated Wednesday, December 31st. The stock was sold at an average price of $220.44, for a total transaction of $2,601,412.44. Following the completion of the transaction, the senior vice president owned 218,020 shares in the company, valued at approximately $48,060,328.80. The trade was a 5.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 713,681 shares of company stock worth $148,264,518 in the last 90 days. 6.80% of the stock is owned by insiders.

Hedge Funds Weigh In On Snowflake

A number of hedge funds have recently added to or reduced their stakes in the stock. Brighton Jones LLC raised its stake in shares of Snowflake by 90.0% during the fourth quarter. Brighton Jones LLC now owns 61,885 shares of the company’s stock valued at $9,556,000 after acquiring an additional 29,320 shares in the last quarter. Intech Investment Management LLC increased its holdings in Snowflake by 24.0% during the 1st quarter. Intech Investment Management LLC now owns 11,202 shares of the company’s stock worth $1,637,000 after purchasing an additional 2,167 shares during the period. Geneos Wealth Management Inc. raised its position in Snowflake by 29.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 319 shares of the company’s stock valued at $47,000 after purchasing an additional 73 shares in the last quarter. Wealthfront Advisers LLC raised its position in Snowflake by 24.8% during the 2nd quarter. Wealthfront Advisers LLC now owns 12,467 shares of the company’s stock valued at $2,790,000 after purchasing an additional 2,474 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of Snowflake by 15.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 341,325 shares of the company’s stock worth $76,378,000 after buying an additional 46,344 shares during the period. 65.10% of the stock is currently owned by institutional investors.

Key Stories Impacting Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Q4 beat and healthy demand: Snowflake reported ~30% y/y revenue growth and an EPS beat, with improving cash flow and strong customer metrics that underpin medium‑term revenue momentum. Snowflake Stock Surges After Q4 Revenue Jumps 30%, EPS Tops Estimates
• Positive Sentiment: AI positioning and market opportunity: Management highlighted agentic AI capabilities, partnerships (OpenAI/Anthropic integrations) and accelerating enterprise AI adoption — including faster growth in India — supporting a durable addressable market for Snowflake’s data cloud. Snowflake sees high levels of AI adoption among India Inc; country growth faster than global
• Positive Sentiment: Market technical/bull case: Some analysts and MarketBeat argue the sell‑off is overdone, institutions have been accumulating, and Snowflake’s cross‑cloud data position makes it central to AI workflows — a potential catalyst for a recovery. Is Snowflake’s Stock Meltdown Over? Signs Point to a Bottom
• Neutral Sentiment: Analyst repositioning: Many firms kept Buy/Overweight ratings but trimmed price targets after the quarter (UBS, Morgan Stanley, JPMorgan, Canaccord, etc.), leaving a mix of upside potential and reduced near‑term analyst support. These Analysts Slash Their Forecasts On Snowflake After Q4 Results
• Negative Sentiment: Mixed outlook disappointed some investors: Management’s FY27 product revenue guide (~27%) was viewed as conservative relative to some buyside expectations, contributing to a share pullback despite the beat. Snowflake’s stock dips as the software company gives a mixed outlook
• Negative Sentiment: Rising legal risk: Multiple law firms and class‑action notices were filed or publicized this week, creating legal overhang and increasing near‑term uncertainty for shareholders. Deadlines for lead‑plaintiff filings are being emphasized. Bronstein, Gewirtz & Grossman LLC Urges Snowflake Inc. Investors to Act: Class Action Filed
• Negative Sentiment: Profitability concerns persist: Commentary (e.g., Motley Fool) notes that while growth is strong, durable GAAP profitability remains elusive — a point that keeps some investors sidelined despite the AI narrative. Why I’m Still Not Buying Snowflake 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.