Q2 EPS Estimates for Snowflake Lowered by Analyst

Snowflake Inc. (NYSE:SNOW - Free Report) - Equities research analysts at Capital One Financial dropped their Q2 2026 earnings per share (EPS) estimates for shares of Snowflake in a research report issued on Wednesday, January 15th. Capital One Financial analyst C. Murphy now forecasts that the company will post earnings per share of ($0.57) for the quarter, down from their prior estimate of ($0.54). The consensus estimate for Snowflake's current full-year earnings is ($2.36) per share. Capital One Financial also issued estimates for Snowflake's Q3 2026 earnings at ($0.54) EPS and Q4 2026 earnings at ($0.52) EPS.

SNOW has been the subject of a number of other reports. Mizuho increased their price objective on shares of Snowflake from $165.00 to $195.00 and gave the stock an "outperform" rating in a research note on Thursday, November 21st. Piper Sandler raised their price target on Snowflake from $185.00 to $208.00 and gave the company an "overweight" rating in a research note on Monday, January 6th. Argus started coverage on Snowflake in a research note on Tuesday, October 1st. They set a "hold" rating on the stock. Royal Bank of Canada raised their target price on shares of Snowflake from $175.00 to $188.00 and gave the company an "outperform" rating in a research note on Thursday, November 21st. Finally, DA Davidson reiterated a "buy" rating and issued a $175.00 target price on shares of Snowflake in a research note on Thursday, October 3rd. Two analysts have rated the stock with a sell rating, nine have given a hold rating, twenty-eight have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, Snowflake has an average rating of "Moderate Buy" and an average price target of $188.06.

Snowflake Stock Up 1.5 %

Shares of NYSE SNOW traded up $2.64 during midday trading on Monday, reaching $173.43. The company's stock had a trading volume of 5,270,259 shares, compared to its average volume of 5,036,917. The stock has a 50 day simple moving average of $162.06 and a 200-day simple moving average of $135.12. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.77. The stock has a market capitalization of $57.25 billion, a price-to-earnings ratio of -51.16 and a beta of 1.05. Snowflake has a fifty-two week low of $107.13 and a fifty-two week high of $237.72.

Hedge Funds Weigh In On Snowflake

A number of institutional investors have recently made changes to their positions in SNOW. Stablepoint Partners LLC increased its stake in Snowflake by 5.0% in the fourth quarter. Stablepoint Partners LLC now owns 6,377 shares of the company's stock valued at $985,000 after acquiring an additional 301 shares during the last quarter. Archford Capital Strategies LLC boosted its holdings in shares of Snowflake by 20.0% in the 4th quarter. Archford Capital Strategies LLC now owns 3,541 shares of the company's stock worth $547,000 after purchasing an additional 590 shares in the last quarter. Linden Thomas Advisory Services LLC increased its position in shares of Snowflake by 7.4% during the 4th quarter. Linden Thomas Advisory Services LLC now owns 11,557 shares of the company's stock valued at $1,785,000 after purchasing an additional 796 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in Snowflake by 1,437.5% in the 4th quarter. Geneos Wealth Management Inc. now owns 246 shares of the company's stock worth $38,000 after buying an additional 230 shares during the last quarter. Finally, Brighton Jones LLC boosted its stake in Snowflake by 90.0% in the fourth quarter. Brighton Jones LLC now owns 61,885 shares of the company's stock worth $9,556,000 after buying an additional 29,320 shares in the last quarter. Institutional investors own 65.10% of the company's stock.

Insider Activity at Snowflake

In related news, Director Frank Slootman sold 100,000 shares of the stock in a transaction on Monday, December 30th. The stock was sold at an average price of $155.00, for a total value of $15,500,000.00. Following the sale, the director now owns 195,281 shares in the company, valued at approximately $30,268,555. This trade represents a 33.87 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Emily Ho sold 2,021 shares of the company's stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $173.68, for a total value of $351,007.28. Following the completion of the transaction, the chief accounting officer now owns 26,874 shares in the company, valued at $4,667,476.32. This represents a 6.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 376,904 shares of company stock worth $62,545,855. 7.80% of the stock is owned by company insiders.

Snowflake Company Profile

Snowflake Inc provides a cloud-based data platform for various organizations in the United States and internationally. Its platform offers Data Cloud, which enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data-driven applications, and share data and data products, as well as applies artificial intelligence (AI) for solving business problems.