Snowflake (NYSE:SNOW) Given New $195.00 Price Target at Sanford C. Bernstein

Snowflake (NYSE:SNOW) had its price target decreased by equities research analysts at Sanford C. Bernstein from $237.00 to $195.00 in a report issued on Thursday,Benzinga reports. The firm presently has a “market perform” rating on the stock. Sanford C. Bernstein’s target price would suggest a potential upside of 16.05% from the stock’s previous close.

A number of other analysts have also issued reports on the company. Bank of America lifted their target price on Snowflake from $280.00 to $310.00 and gave the stock a “buy” rating in a research report on Monday, November 17th. Morgan Stanley set a $270.00 price objective on Snowflake in a report on Thursday, February 19th. Macquarie Infrastructure upped their target price on Snowflake from $235.00 to $250.00 and gave the company a “neutral” rating in a research report on Thursday, December 4th. Piper Sandler reduced their target price on Snowflake from $285.00 to $230.00 and set an “overweight” rating for the company in a research note on Thursday. Finally, DA Davidson dropped their price target on shares of Snowflake from $300.00 to $250.00 and set a “buy” rating for the company in a research note on Thursday. Two analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $252.66.

Snowflake Stock Down 0.7%

NYSE:SNOW traded down $1.18 during mid-day trading on Thursday, hitting $168.03. The company had a trading volume of 10,034,349 shares, compared to its average volume of 6,405,101. The business has a fifty day simple moving average of $201.01 and a 200-day simple moving average of $223.09. The firm has a market capitalization of $57.50 billion, a price-to-earnings ratio of -41.80 and a beta of 1.14. Snowflake has a 1 year low of $120.10 and a 1 year high of $280.67. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 1.07.

Snowflake (NYSE:SNOW) last released its quarterly earnings results on Wednesday, February 25th. The company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.05. Snowflake had a negative net margin of 30.76% and a negative return on equity of 45.91%. The business had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.25 billion. During the same period last year, the business earned $0.30 EPS. The business’s revenue was up 30.1% on a year-over-year basis. Equities analysts forecast that Snowflake will post -2.36 earnings per share for the current fiscal year.

Insider Activity

In other Snowflake news, EVP Christian Kleinerman sold 10,000 shares of the company’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $249.53, for a total value of $2,495,300.00. Following the completion of the transaction, the executive vice president owned 512,450 shares in the company, valued at approximately $127,871,648.50. This represents a 1.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Michael L. Speiser sold 50,338 shares of Snowflake stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $230.65, for a total value of $11,610,459.70. Following the sale, the director directly owned 32,756 shares in the company, valued at approximately $7,555,171.40. This trade represents a 60.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 713,681 shares of company stock valued at $148,264,518. Company insiders own 6.80% of the company’s stock.

Institutional Investors Weigh In On Snowflake

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Total Clarity Wealth Management Inc. grew its stake in shares of Snowflake by 2.7% in the 3rd 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 boosted its stake in Snowflake by 0.9% in the 3rd quarter. Diligent Investors LLC now owns 4,594 shares of the company’s stock worth $1,036,000 after purchasing an additional 40 shares during the period. Coastline Trust Co boosted its stake in Snowflake by 1.0% in the 3rd quarter. Coastline Trust Co now owns 4,183 shares of the company’s stock worth $943,000 after purchasing an additional 42 shares during the period. Wedbush Securities Inc. grew its position in Snowflake by 1.3% during the 2nd quarter. Wedbush Securities Inc. now owns 3,717 shares of the company’s stock worth $832,000 after purchasing an additional 48 shares in the last quarter. Finally, CX Institutional raised its stake in Snowflake by 13.2% during the 3rd quarter. CX Institutional now owns 421 shares of the company’s stock valued at $95,000 after purchasing an additional 49 shares during the period. 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: Q4 results beat and AI momentum — Snowflake reported Q4 revenue of $1.28B (≈+30% YoY) and $0.32 EPS, topping estimates; management said AI adoption is boosting demand, driving upside vs. Street forecasts and supporting the rally. Snowflake shares rise on AI-driven growth outlook
• Positive Sentiment: Strong FY27 product-revenue outlook and large customer wins — Snowflake outlined ~27% product revenue growth guidance for FY27, cited expanding AI offerings and disclosed a large (reported $400M) contract, supporting forward revenue visibility. Snowflake outlines 27% product revenue growth outlook…
• Positive Sentiment: Backlog / RPO strength — Management highlighted a sizable remaining performance obligation / revenue backlog (reported as ~$7.88B by some outlets), which investors view as evidence of durable demand tied to AI initiatives. Snowflake Revenue Rises As AI Adoption Accelerates
• Neutral Sentiment: Mixed analyst reactions — Several firms reaffirmed or raised bullish ratings/targets (e.g., Monness Crespi, Rosenblatt), while others adjusted models; the split in Street opinion is producing both buy-case support and cautious commentary. Top Wall Street Forecasters Revamp Snowflake Expectations Ahead Of Q4
• Negative Sentiment: Analyst price-target cuts — Some firms trimmed targets (Barclays to $192; Piper Sandler, Truist and others adjusted targets downward) or moved to more cautious stances, which can cap near-term upside despite the beat. These Analysts Slash Their Forecasts On Snowflake After Q4 Results
• Negative Sentiment: Class-action/legal notices and deadline risk — Multiple law firms have filed or mailed investor notices about securities‑fraud claims (deadline April 27); litigation risk and associated headline risk are increasing investor caution. Faruqi & Faruqi investor notice

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.