Snowflake Inc. (NYSE:SNOW) Given Consensus Rating of “Moderate Buy” by Brokerages

Snowflake Inc. (NYSE:SNOW) has earned an average rating of “Moderate Buy” from the forty-two brokerages that are currently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, five have given a hold rating, thirty-three have issued a buy rating and two have given a strong buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $248.5789.

Several research analysts have recently weighed in on SNOW shares. Piper Sandler reduced their price target on shares of Snowflake from $285.00 to $230.00 and set an “overweight” rating for the company in a report on Thursday, February 26th. Argus upgraded shares of Snowflake from a “hold” rating to a “buy” rating and set a $300.00 price objective on the stock in a report on Thursday, January 8th. Royal Bank Of Canada set a $245.00 target price on shares of Snowflake in a research note on Wednesday, February 11th. Barclays lowered their target price on Snowflake from $204.00 to $192.00 and set an “equal weight” rating for the company in a report on Thursday, February 26th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on Snowflake from $250.00 to $275.00 and gave the company a “buy” rating in a research note on Thursday, December 4th.

Insider Transactions at Snowflake

In other Snowflake news, Director Frank Slootman sold 200,000 shares of the company’s stock in a transaction that occurred 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 transaction, the director owned 50,329 shares of the company’s stock, valued at $11,164,482.07. This represents a 79.89% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Michael L. Speiser sold 50,338 shares of the firm’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $221.16, for a total transaction of $11,132,752.08. Following the transaction, the director directly owned 31,916 shares of the company’s stock, valued at $7,058,542.56. This represents a 61.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 703,029 shares of company stock valued at $142,236,823 in the last ninety days. Corporate insiders own 6.80% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. Sumitomo Mitsui Trust Group Inc. grew its position in shares of Snowflake by 1.1% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 732,092 shares of the company’s stock valued at $165,123,000 after acquiring an additional 8,002 shares during the period. Federated Hermes Inc. increased its stake in shares of Snowflake by 13.5% during the 3rd quarter. Federated Hermes Inc. now owns 408,037 shares of the company’s stock worth $92,047,000 after purchasing an additional 48,411 shares during the last quarter. Penserra Capital Management LLC raised its holdings in shares of Snowflake by 32.8% in the 3rd quarter. Penserra Capital Management LLC now owns 153,358 shares of the company’s stock valued at $34,586,000 after purchasing an additional 37,911 shares during the period. Vanguard Group Inc. raised its holdings in shares of Snowflake by 3.1% in the 3rd quarter. Vanguard Group Inc. now owns 28,647,593 shares of the company’s stock valued at $6,461,465,000 after purchasing an additional 857,832 shares during the period. Finally, William Blair Investment Management LLC acquired a new stake in Snowflake in the 3rd quarter valued at about $116,882,000. Institutional investors and hedge funds own 65.10% of the company’s stock.

Trending Headlines about Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Snowflake reported strong FY2026/Q4 results with revenue of $1.28B, up ~30% year‑over‑year, and product revenue also up ~30% — evidence of continued demand for its cloud/data platform and AI-related use cases. This fundamental momentum supports longer‑term growth expectations. Snowflake FY2026 Revenue Hits $1.28B
• Positive Sentiment: Recent media pieces highlight Snowflake as a favored growth/AI investment, which can sustain investor interest and strong demand over the medium term. InsiderMonkey: 5 Best Growth Stocks The Motley Fool: AI Stocks Article
• Neutral Sentiment: Technical and valuation context is mixed: SNOW remains below its 50‑ and 200‑day moving averages and still posts a negative trailing P/E, which can amplify downside on negative news even while fundamentals improve.
• Negative Sentiment: Robbins Geller filed/announced an investor notice alleging Snowflake misled investors about revenue headwinds tied to product changes — a more specific claim that increases legal risk and could pressure the stock if the case gains traction. Robbins Geller Investor Notice
• Negative Sentiment: Multiple plaintiff firms (Faruqi & Faruqi, Rosen, Schall, DJS, others) have issued lead‑plaintiff reminders and solicitations tied to a class period (June 27, 2023–Feb 28, 2024) with an April 27, 2026 deadline — an influx of filings/claims and media coverage can boost headline risk and short‑term volatility. Faruqi & Faruqi Notice Rosen Law Firm Notice Schall Law Firm Notice DJS Law Group Notice

Snowflake Trading Down 2.4%

NYSE SNOW opened at $174.35 on Tuesday. The firm has a market cap of $59.66 billion, a P/E ratio of -44.14 and a beta of 1.17. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.37 and a quick ratio of 1.37. The stock’s 50-day moving average is $188.66 and its 200-day moving average is $221.05. Snowflake has a one year low of $120.10 and a one year high of $280.67.

Snowflake (NYSE:SNOW) last issued its quarterly earnings data on Wednesday, February 25th. The company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.05. The business 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%.Snowflake’s quarterly revenue was up 30.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.30 EPS. Sell-side analysts anticipate that Snowflake will post -2.36 earnings per share for the current fiscal year.

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.