NYSE:SNOW

Snowflake (SNOW)

318.00
+1.16 (0.37%)
as of Aug 6, 2026, 8:00:00 pm Market Open.
147 watching
0
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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Similar
Datadog, DDOG
BUY ON WEAKNESS
What he calls one of 15 Red Hot stocks: unstoppable growth stocks with a sky-high valuation (30-100x sales, not earnings) It went public last month. It trades at 120x this year's sales or 64x 2021. Has a great business and it offers tripled-digit revenue growth, but this has been sideways since it IPOd. This could plummet to $144, and bounce back, but he doubts because it's the most- user friendly cloud analytics and business intelligence tool out there. Overall, he likes it.
DON'T BUY
Great CEO and it will make money...later. But this is the most expensive stock on the market. It has to execute perfectly to meet expectations and the high stock price.
WATCH
Allan Tong’s Discover Picks Last week, this instantly became the biggest software IPO in history. After upping its share price to $120, the cloud stock rose during its debut as high as $254 and raised $3.4 billion after day one. (All figures are USD.) Fuelling the buying frenzy were Snowflake's numbers: its 2020 fiscal year (ending Jan. 31) boasted sales of $264.7 million which represented 174% year-over-year growth. More recently, Q2 sales grew by 121% YOY with a net retention rate of 158%. Read Snowflake Stock and Nuvei Stock Suddenly Among the Top Tech Stocks to Watch for our full analysis.
COMMENT

It IPOs next week and is a cloud-based data warehousing company. Berkshire Hathaway and Salesforce will each buy $250 million of stock. The CEO has a great track record in Silicon Valley; Snowflake is the CEO's third company he's taken public. He sees a lot of demand in Snowflake, so should IPO well. He's conflicted, because the IPO may be too red hot and overbought. He'll know more about this company next week.

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