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Snowflake Inc has a consensus price target of $174.85 based on the ratings of 36 analysts. The high is $230 issued by Canaccord Genuity on February 29, 2024. The low is $121 issued by HSBC on August 23, 2024. The 3 most-recent analyst ratings were released by Wells Fargo, Evercore ISI Group, and Keybanc on November 21, 2024, respectively. With an average price target of $175 between Wells Fargo, Evercore ISI Group, and Keybanc, there's an implied 8.53% upside for Snowflake Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Snowflake (NYSE:SNOW) was reported by Wells Fargo on November 21, 2024. The analyst firm set a price target for $150.00 expecting SNOW to fall to within 12 months (a possible -6.98% downside). 100 analyst firms have reported ratings in the last year.
The latest analyst rating for Snowflake (NYSE:SNOW) was provided by Wells Fargo, and Snowflake maintained their equal-weight rating.
The last upgrade for Snowflake Inc happened on November 6, 2024 when Monness, Crespi, Hardt raised their price target to $140. Monness, Crespi, Hardt previously had a neutral for Snowflake Inc.
The last downgrade for Snowflake Inc happened on October 22, 2024 when Cleveland Research changed their price target from N/A to N/A for Snowflake Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Snowflake, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Snowflake was filed on November 21, 2024 so you should expect the next rating to be made available sometime around November 21, 2025.
While ratings are subjective and will change, the latest Snowflake (SNOW) rating was a maintained with a price target of $125.00 to $150.00. The current price Snowflake (SNOW) is trading at is $161.25, which is out of the analyst’s predicted range.
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