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NYSE:SNOW
This summary was created by AI, based on 12 opinions in the last 12 months.
Snowflake Inc. (SNOW-N) is navigating an evolving landscape as it transitions from a traditional cloud data warehouse to an AI data cloud. Analysts emphasize the significance of its consumption model, which is reportedly maximizing the leverage gained from AI technologies. Competition, particularly from Databricks, is acknowledged, yet experts believe there is sufficient market opportunity for both firms. The stock, however, is viewed as somewhat pricey, with suggestions to accumulate in tranches as it experiences price fluctuations. Despite strong recent performance, including beating earnings estimates and significant revenue growth, concerns linger regarding its valuation amid a volatile AI market and fluctuating share prices. Overall, the company shows promise with a strong competitive position and robust sales momentum but is cautioned against given its rich price tags.
(The theme of today's Top Picks is cybersecurity, which is going to be a big deal. All the AI systems will have to be made more secure. Each of today's picks has already had a good run.)
Security for the cloud as customers build, use, and share data there. A bit pricey. Don't buy it all today, you have to tier in your position by thirds. Buy a bit here, more at $250, and finally around $240. His 12-month price target is $294. No dividend.
Enables organizations to consolidate data into a single source, and allows other applications to work better together. Short runway to price target. Next earnings not until August 26. Sell some calls; if you don't want to get called away, just roll the strike price up.
Nice moat, not a heck of a lot of competition. Makes so much sense, enterprise (not consumer) software. But the nosebleed territory causes some angst.
Key player within cloud and data centres. Cloud-based data storage with analytic solutions on top. Like a DDOG, but allows companies to manoeuvre more efficiently through the cloud. Owns it, but it's rich. His price target is ~$260-270.
He'd buy in around $246 and definitely just in front of $231-233. Your final third would be ~$215-220, at which point he'd absolutely recommend.
Snowflake is a American stock, trading under the symbol SNOW (previously SNOW-N on Stockchase) on the New York Stock Exchange (SNOW). It is usually referred to as NYSE:SNOW or SNOW
In the last year, 10 stock analysts issued a Buy, Sell, or Hold rating on SNOW (previously SNOW-N on Stockchase). 8 analysts recommended to BUY and 2 analysts recommended to SELL the stock. The latest stock analyst rating is TOP PICK. Read the latest stock experts' ratings for Snowflake.
Snowflake was recommended as a Top Pick by Nick Mersch, CFA on 2026-08-20. Read the latest stock experts ratings for Snowflake.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Snowflake.
Snowflake is followed by 148 investors on Stockchase and is a trending stock that is worth watching.
On 2026-08-27, Snowflake (SNOW) stock closed at a price of $332.85.
Transitioning from cloud data warehouse to AI data cloud. Consumption model, rather than number of seats model, starting to show AI leverage. AI is being optimized. Competition concerns from the private company Databricks. He thinks there's enough business for both. No dividend.
(Analysts’ price target is $331.45)