Snowflake (NYSE:SNOW) Stock Price Down 3.4% – What’s Next?

Snowflake Inc. (NYSE:SNOW)’s share price fell 3.4% during trading on Friday . The company traded as low as $191.81 and last traded at $192.66. 5,738,493 shares traded hands during trading, an increase of 28% from the average session volume of 4,488,131 shares. The stock had previously closed at $199.37.

Snowflake News Roundup

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: DA Davidson reaffirmed a “buy” rating and set a $300 price target (roughly a ~56% upside vs. the current price), a reiteration that can attract momentum buyers and long‑term investors. Benzinga
• Positive Sentiment: Snowflake launched an AI Energy Solutions suite and announced partnerships aimed at serving power generation and utility customers — a product expansion that could open new enterprise workloads and revenue streams if adopted at scale. DatacenterDynamics: Snowflake AI launches energy solutions suite
• Positive Sentiment: Press releases describe partnerships (Visionaize, Streamline Control) to accelerate AI‑driven energy operations, reinforcing go‑to‑market traction in the energy vertical. Visionaize partnership
• Neutral Sentiment: Coverage pieces (including an opinion/positioning article on AI opportunities) highlight Snowflake’s market positioning in AI but also caution about hype—useful context for longer‑term thesis but not an immediate catalyst. Forbes: Mind The Gaps
• Neutral Sentiment: Recent market commentary noted the stock had earlier risen, reflecting ongoing interest; this provides context that today’s weakness is a pullback within a volatile trend. Zacks: Snowflake ascends while market falls
• Negative Sentiment: Johnson Fistel disclosed an investigation into whether Snowflake or its executives complied with securities laws, which can increase legal risk, create headline volatility, and prompt investor caution until details are resolved. GlobeNewswire: Johnson Fistel investigation

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Canaccord Genuity Group lifted their price target on shares of Snowflake from $260.00 to $270.00 and gave the stock a “buy” rating in a report on Thursday, December 4th. Cantor Fitzgerald raised their target price on shares of Snowflake from $275.00 to $278.00 and gave the stock an “overweight” rating in a research report on Thursday, December 4th. Piper Sandler reaffirmed an “overweight” rating and issued a $285.00 target price on shares of Snowflake in a research note on Thursday, December 4th. The Goldman Sachs Group set a $286.00 price target on Snowflake in a research note on Monday, January 12th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of Snowflake in a report on Thursday, December 4th. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $275.58.

Snowflake Stock Down 3.4%

The firm has a market capitalization of $65.93 billion, a PE ratio of -47.69 and a beta of 1.14. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 1.07. The firm has a 50-day moving average of $223.34 and a two-hundred day moving average of $228.01.

Snowflake (NYSE:SNOW) last posted its quarterly earnings results on Wednesday, December 3rd. The company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.04. The firm had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.18 billion. Snowflake had a negative return on equity of 45.91% and a negative net margin of 30.76%.The firm’s quarterly revenue was up 28.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.20 earnings per share. On average, equities research analysts forecast that Snowflake Inc. will post -2.36 EPS for the current year.

Insider Activity

In related news, EVP Christian Kleinerman sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $219.90, for a total value of $2,199,000.00. Following the transaction, the executive vice president owned 471,351 shares in the company, valued at approximately $103,650,084.90. This trade represents a 2.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Vivek Raghunathan sold 11,801 shares of the business’s stock in a transaction that occurred on 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 sale, the senior vice president owned 218,020 shares of the company’s stock, valued at approximately $48,060,328.80. This represents a 5.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 613,681 shares of company stock worth $136,052,145. Insiders own 6.80% of the company’s stock.

Institutional Trading of Snowflake

A number of institutional investors have recently added to or reduced their stakes in the business. Total Clarity Wealth Management Inc. lifted its stake in shares of Snowflake by 2.7% during the third 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 in the last quarter. Diligent Investors LLC raised its holdings in shares of Snowflake by 0.9% during the 3rd quarter. Diligent Investors LLC now owns 4,594 shares of the company’s stock valued at $1,036,000 after buying an additional 40 shares during the period. Coastline Trust Co lifted its position in Snowflake by 1.0% during the 3rd quarter. Coastline Trust Co now owns 4,183 shares of the company’s stock worth $943,000 after acquiring an additional 42 shares in the last quarter. Wedbush Securities Inc. boosted its holdings in Snowflake by 1.3% in the 2nd quarter. Wedbush Securities Inc. now owns 3,717 shares of the company’s stock worth $832,000 after acquiring an additional 48 shares during the period. Finally, Avion Wealth grew its position in Snowflake by 76.6% in the second quarter. Avion Wealth now owns 113 shares of the company’s stock valued at $25,000 after acquiring an additional 49 shares in the last quarter. 65.10% of the stock is owned by hedge funds and other institutional investors.

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.