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Snowflake (SNOW) Stock Forecast & Price Target

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$173.43 +2.64 (+1.55%)
Closing price 03:59 PM Eastern
Extended Trading
$174.51 +1.07 (+0.62%)
As of 07:58 PM Eastern
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Snowflake - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
1
Hold
9
Buy
29

Based on 39 Wall Street analysts who have issued ratings for Snowflake in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 39 analysts, 1 has given a sell rating, 9 have given a hold rating, 28 have given a buy rating, and 1 has given a strong buy rating for SNOW.

Consensus Price Target

$188.06
8.43% Upside
According to the 39 analysts' twelve-month price targets for Snowflake, the average price target is $188.06. The highest price target for SNOW is $223.00, while the lowest price target for SNOW is $121.00. The average price target represents a forecasted upside of 8.43% from the current price of $173.43.
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SNOW Analyst Ratings Over Time

TypeCurrent Forecast
1/22/24 to 1/21/25
1 Month Ago
12/23/23 to 12/22/24
3 Months Ago
10/24/23 to 10/23/24
1 Year Ago
1/22/23 to 1/22/24
Strong Buy
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
28 Buy rating(s)
26 Buy rating(s)
25 Buy rating(s)
19 Buy rating(s)
Hold
9 Hold rating(s)
11 Hold rating(s)
12 Hold rating(s)
6 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$188.06$184.46$174.74$197.75
Forecasted Upside8.43% Upside10.92% Upside53.82% Upside-0.67% Downside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

SNOW Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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SNOW Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Snowflake Stock vs. The Competition

TypeSnowflakeComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.74
2.68
2.52
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside8.43% Upside250.22% Upside11.17% Upside
News Sentiment Rating
Positive News

See Recent SNOW News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
1/17/2025Cantor Fitzgerald
4 of 5 stars
Thomas Blakey
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Initiated CoverageOverweight$201.00+19.71%
1/13/2025Oppenheimer
3 of 5 stars
Ittai Kidron
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Boost TargetOutperform ➝ Outperform$180.00 ➝ $200.00+23.33%
1/10/2025Barclays
3 of 5 stars
R. Lenschow
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UpgradeEqual Weight ➝ Overweight$190.00 ➝ $190.00+17.90%
1/7/2025Wells Fargo & Company
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M. Turrin
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UpgradeEqual Weight ➝ Overweight$150.00 ➝ $200.00+22.52%
1/6/2025Piper Sandler
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 Boost TargetOverweight ➝ Overweight$185.00 ➝ $208.00+28.22%
12/23/2024Loop Capital
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 Boost TargetBuy ➝ Buy$185.00 ➝ $205.00+23.28%
12/18/2024Wedbush
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D. Ives
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DowngradeStrong-Buy ➝ Hold
12/16/2024Jefferies Financial Group
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 Boost TargetBuy ➝ Buy$180.00 ➝ $200.00+19.28%
12/9/2024Scotiabank
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 Boost TargetSector Outperform ➝ Sector Outperform$170.00 ➝ $220.00+21.51%
12/5/2024KeyCorp
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 Boost TargetOverweight ➝ Overweight$185.00 ➝ $210.00+12.57%
12/3/2024JMP Securities
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 Reiterated RatingMarket Outperform ➝ Market Outperform$190.00 ➝ $190.00+10.72%
11/21/2024Truist Financial
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 Reiterated RatingBuy ➝ Buy$210.00 ➝ $210.00+20.93%
11/21/2024Mizuho
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 Boost TargetOutperform ➝ Outperform$165.00 ➝ $195.00+15.67%
11/21/2024Deutsche Bank Aktiengesellschaft
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 Boost TargetBuy ➝ Buy$180.00 ➝ $190.00+11.82%
11/21/2024TD Cowen
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 Boost TargetBuy ➝ Buy$180.00 ➝ $190.00+11.82%
11/21/2024Bank of America
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 Boost TargetNeutral ➝ Neutral$160.00 ➝ $185.00+9.65%
11/21/2024Royal Bank of Canada
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 Boost TargetOutperform ➝ Outperform$175.00 ➝ $188.00+11.43%
11/21/2024Evercore ISI
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 Boost TargetOutperform ➝ Outperform$170.00 ➝ $190.00+47.15%
11/21/2024Needham & Company LLC
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 Boost TargetBuy ➝ Buy$160.00 ➝ $200.00+54.89%
11/21/2024Monness Crespi & Hardt
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B. White
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Boost TargetBuy$140.00 ➝ $188.00+45.60%
11/19/2024Rosenblatt Securities
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 Reiterated RatingBuy ➝ Buy$180.00 ➝ $180.00+40.12%
11/18/2024Citigroup
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 Lower TargetBuy ➝ Buy$200.00 ➝ $183.00+44.58%
10/3/2024DA Davidson
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 Reiterated RatingBuy ➝ Buy$175.00 ➝ $175.00+58.37%
10/1/2024Argus
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J. Bonner
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Initiated CoverageHold
9/24/2024UBS Group
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 Lower TargetNeutral ➝ Neutral$155.00 ➝ $125.00+13.09%
8/23/2024Hsbc Global Res
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S. Bersey
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UpgradeModerate Sell ➝ Hold
8/23/2024HSBC
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 UpgradeReduce ➝ Hold$119.00 ➝ $121.00+5.03%
8/22/2024Morgan Stanley
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 Reiterated RatingEqual Weight ➝ Equal Weight$175.00 ➝ $175.00+47.88%
8/22/2024Canaccord Genuity Group
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 Lower TargetBuy ➝ Buy$215.00 ➝ $190.00+60.55%
8/20/2024Robert W. Baird
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 Lower TargetOutperform ➝ Outperform$200.00 ➝ $165.00+25.53%
8/19/2024Stifel Nicolaus
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 Lower TargetBuy ➝ Buy$200.00 ➝ $168.00+27.25%
7/1/2024The Goldman Sachs Group
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 Reiterated RatingBuy ➝ Buy$220.00 ➝ $220.00+56.06%
5/24/2024Macquarie
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 Lower TargetOutperform ➝ Outperform$205.00 ➝ $200.00+26.53%
5/23/2024Sanford C. Bernstein
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 Boost TargetMarket Perform ➝ Market Perform$171.00 ➝ $185.00+16.52%
5/23/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$170.00 ➝ $185.00+13.30%
5/2/2024BNP Paribas
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 UpgradeNeutral ➝ Outperform$200.00+28.19%
3/19/2024Redburn Atlantic
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 Reiterated RatingNeutral ➝ Sell$180.00 ➝ $125.00-20.03%
3/15/2024Guggenheim
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 UpgradeSell ➝ Neutral
2/2/2024Raymond James
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 Boost TargetOutperform ➝ Outperform$190.00 ➝ $223.00+6.26%
11/8/2023Capital One Financial
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 UpgradeEqual Weight ➝ Overweight$195.00+22.20%
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6/28/2023888
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 Reiterated RatingMaintains
6/28/2023William Blair
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 Initiated CoverageOutperform
5/25/2023Wolfe Research
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 DowngradeOutperform ➝ Peer Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 08:22 PM ET.


Should I Buy Snowflake Stock? SNOW Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, January 14, 2025. Please send any questions or comments about these Snowflake pros and cons to contact@marketbeat.com.

Snowflake
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Snowflake Inc.:

  • Snowflake Inc. has received a consensus rating of "Moderate Buy" from analysts, indicating positive sentiment towards the stock's future performance.
  • The average price target for Snowflake Inc. is currently $187.11, suggesting potential upside from the current stock price of $162.65.
  • With a market capitalization of $53.69 billion, Snowflake Inc. is positioned as a significant player in the cloud-based data platform market, which is experiencing rapid growth.
  • The company has a solid financial position, reflected in its current ratio and quick ratio of 1.88, indicating good short-term financial health and ability to cover liabilities.
  • Recent upgrades from brokerages, including a price target increase to $220.00, highlight growing confidence in Snowflake Inc.'s growth prospects.

Snowflake
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Snowflake Inc. for these reasons:

  • The stock has a price-to-earnings ratio of -47.98, indicating that the company is currently not profitable, which can be a red flag for potential investors.
  • Insider selling has been notable, with significant shares sold recently, which may signal a lack of confidence from those closest to the company.
  • Despite a strong market position, the stock has experienced volatility, with a 1-year high of $237.72 and a low of $107.13, indicating potential risks in price fluctuations.
  • Only 7.80% of the stock is owned by insiders, which may suggest limited alignment between management and shareholder interests.
  • Recent downgrades from some analysts, including a shift from "strong-buy" to "hold," could indicate a cautious outlook on the stock's near-term performance.

SNOW Forecast - Frequently Asked Questions

According to the research reports of 39 Wall Street equities research analysts, the average twelve-month stock price forecast for Snowflake is $188.06, with a high forecast of $223.00 and a low forecast of $121.00.

39 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Snowflake in the last twelve months. There is currently 1 sell rating, 9 hold ratings, 28 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" SNOW shares.

According to analysts, Snowflake's stock has a predicted upside of 8.43% based on their 12-month stock forecasts.

Over the previous 90 days, Snowflake's stock had 5 upgrades and 1 downgrade by analysts.

Analysts like Snowflake more than other "computer and technology" companies. The consensus rating score for Snowflake is 2.74 while the average consensus rating score for "computer and technology" companies is 2.68. Learn more on how SNOW compares to other companies.


This page (NYSE:SNOW) was last updated on 1/21/2025 by MarketBeat.com Staff
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