NYSE:SNOW

Snowflake (SNOW)

318.00
+1.16 (0.37%)
as of Aug 6, 2026, 8:00:00 pm Market Open.
147 watching
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Investor Insights
star iconAug 7, 2026, 12:00 am

This summary was created by AI, based on 12 opinions in the last 12 months.

Snowflake (SNOW-N) has garnered significant attention in light of its recent advancements in the cybersecurity space as well as its essential role in AI development. The company has reported impressive earnings, beating estimates for revenue and EPS, which has led to a surge in social media interest. However, analysts express mixed feelings about its valuation, noting that while the stock has shown strong performance, it remains in a somewhat pricey territory, which may cause caution among investors. Strategies suggested include tiered buying at specific price points to mitigate potential risks, highlighting the importance of timing in navigating this stock. Overall, Snowflake is seen as a key player in the cloud sector, but ongoing volatility could create uncertainty for potential investors.

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Consensus
Bullish
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Valuation
Overvalued
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BUY
Options trading Today it's sort of near its all-time highs. Today, 3,000 December $350 calls were purchased at $2.30-3.00. He loves this trade. This stock has the potential to break above $350 by week's end. He bought calls.
DON'T BUY
Why cloud computing stocks have sunk lately. In Q4, 2018, then interest rates suddenly rose, cloud stocks sank 35.5% , which was a great buying opportunity. If you bought then, those names doubled or more. Not all recovered, so buying the dip had to be selective. Unlike 2018, we have real inflation. So, a 35% decline may be the full decline of cloud stocks--but he isn't convinced, and there could be more pain. 18 of 50 cloud stocks have single-digit price-sales valuations--reasonable. Buy these that have fallen enough: Salesforce, VMware and New Relic. Trading at 8-15x sales include Coupa, Otka, Adobe. However, at 20-30x sales include Hubspot and Crowstrike, which are still too high. 30-40x sales: MongoDB and Unity, for example, also way too high. Trading above 30x sales include Snowflake and Cloudflare, also way too high, though he likes names like Snowflake. Likely, there's more downside to come before we reach the Santa Claus Rally.
PARTIAL SELL
One of his favourite companies. It's one of the most richly valued companies he follows. If your shares have run up, take some profits.
BUY
Tim Collins, a technical analysts, is bullish cloud stocks After a rough spring, it's climbed since tech bottomed in mid-May, SNOW has shown a pattern of higher highs and higher lows--a healthy rally. Buy at $310 and sell at $355. However, Collins notes the rare "parabolic stop and reverse" indicator; a PSAR stock will spike, pull back, then give a bullish reading to resume its rally. SNOW has done this nearly once a month. Collins predicts SNOW passing $400 based on this pattern, unless the Nasdaq collapses. Buy and hold, says Collins. But if SNOW breaks its floor of $310, don't buy.
BUY
A high-flyer that's grown into its big valuation. It keeps delivering strong quarters including today, plus positive guidance. He's liked this from the start.
BUY
A compelling growth story, the fastest in the market, but these growth stocks turn toxic when investors worry about inflation because these stocks about future earnings. This stock has been clobbered for months until recently when it rallied 27%. Today, they reported strong sales numbers up 110% YOY and offered solid guidance. Okay, maybe their report wasn't a blowout, so shares sold off a bit. At some point, these cloud stocks will come back into fashion and SNOW will lead.
WEAK BUY
It reports next week and is worth buying, but buy only if you believe the market will change its attitude towards high-flying growth names that don't trade on earnings, but sales.w
DON'T BUY
Loves this for its data-warehousing business. However, cloud software are sliding as reopening stocks are in fashion. This still trades at 55x sales after this sell-off.
BUY
As long as the CEO stays there, he's happy with this. Is this the right stock right now? He doesn't care.
BUY ON WEAKNESS
2020 IPOs cost way too much, and now are worth buying. They are out of style and cheaper. With a triple-digit growth rate, it started trading last September at 100x sales. He got more comfortable with its valuation by Decemeber when recommended buying this at $300. Now, SNOW stock is at $229, down 25% below its opening-day trade. The fall is partially due to the recent stock rotation, but also there is no more lock-up on insider selling. Wait till this falls to just 50x sales or $190.
RISKY

A higher risk in tech, but growing quickly in cloud computing. Their last quarter was amazing. Lower-risk choices are Salesforce, Adobe, Service Now and MSFT.

COMMENT
A smart data warehousing play and the fastest-growing company he follows. But if bond yields soar next week, Snowflake could shoot the lights out. A smart CEO.
PARTIAL BUY
Snowflake is a wonderful data warehouse play, the 3rd-largest IPO of 2020. They've had two lock-ups end---Dec. 15 and Jan. 7--which increased the overall float by 35% and nearly 50% respectively. But the big one comes in late March when a ton of shares flood the street--and this is a huge overhang. He likes SNOW. Buy a bit now, but then wait for the next expiration.
BUY

We don't know how to value recent IPOs like Snowflake. It's a disruptor of cloud computing. The CEO has a great track record of launching young companies. It's losing a lot of money, but also boasts 119% revenue growth, the highest in this category. This could have huge upside if the CEO executes (compare to Tesla's history).

PARTIAL BUY
Huge following in corporate America. It lets them better manage their cloud-based information. If you can, buy a quarter to a third under $250, and then add in increments every $25 down.