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Investor Insights

This summary was created by AI, based on 16 opinions in the last 12 months.

The expert reviews indicate mixed sentiments regarding Snowflake (SNOW-N). While some experts are optimistic about its potential and runway for growth, others have highlighted concerns about its high valuation, uncertain forecast, and management changes. The company reported a strong financial performance but disappointed with its guidance, leading to a decline in share prices. Overall, there is a fair amount of uncertainty and risk associated with investing in Snowflake.

Consensus
Mixed
Valuation
Fair Value
DON'T BUY
Snowflake

They replaced the CEO who was great. Doesn't know the new CEO well enough, and this is now a tough market for tech.

Technology
BUY
Snowflake

February reporting beat on earnings and revenue. But guided down on conference call, though margins hung in. Now in a good place, not many companies have such a good runway. Today at $158, 12-month target of $232.

Technology
RISKY
Snowflake
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

NOW has been under tremendous pressure after the recent earnings release due to a combination of CEO replacement (effective immediately) and weak forward guidance, SNOW is now expected to grow by more than 20% over the next few years.

Despite EBIT loss (largely due to stock-based compensation), SNOW generates healthy cash flow, on the trailing twelve-month basis, they actually repurchased shares quite meaningfully to offset SBC. Valuation is not cheap, trading at 20x Price/Sales. We think SNOW’s business model is solid, but would not be in a hurry to add here given the uncertainty in the forecast and management.
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Technology
COMMENT
Snowflake

Reported after the bell then shares fell 20% after hours. He likes this company. Shares have been roaring since last October's lows. They reported clear top and bottom line beats, but guidance fell short and the founding CEO will retire.

Technology
BUY
Snowflake

It reports Wednesday. He expects a good quarter from SNOW and its CEO.

Technology
BUY ON WEAKNESS
Snowflake

Processing and interpretation of massive amounts of warehousing data. Already integral in AI. Embedded in cloud. Price target should increase. Lots of revenue, but still losing money. Wait. Buy between $190-200, $180-190, and $170-180.

(Analysts’ price target is $218.00)
Technology
PARTIAL BUY
Snowflake

Run buy a brilliant CEO. If you don't want to spend a boatload on AI stocks, rent this and see how it goes.

Technology
PARTIAL BUY
Snowflake

Really likes it. Decent runway in front. With interest rates coming down, SaaS companies are doing better. Consolidates data. Add in thirds here, around $180-185, and at $175.

(Analysts’ price target is $218.00)
Technology
BUY
Snowflake

It will ride the AI boom and have a great 2024.

Technology
BUY
Snowflake

They just reported a top and bottom line beat and raised their full-year forecast. It's roaring back from recent weakness.

Technology
COMMENT
Snowflake

High PE, but should report good earnings next year. Likes it, but is concerned.

Technology
PARTIAL BUY
Snowflake
Down 5%.

He has a 12-month price target of $182, so still decent runway. Consolidates data to drive meaningful business insights. Recent August earnings blew out of water on top and bottom. Likes them, but with a smaller position. Buy in thirds at $159.50, 151.50, and 143.

Technology
DON'T BUY
Snowflake

Fundamentally, 6/10. Weaker cashflow, without enough history on earnings growth. Choppy chart, lots of volatility. Might have lots of potential, but definitely a higher-risk play. Any headwinds to growth can hugely affect price.

(Analysts’ price target is $198.00)
Technology
BUY
Snowflake

A cloud-based data platform for business. Is based on Boise. He targets $184.25, so a decent runway lies ahead.

Technology
DON'T BUY
Snowflake

They should benefit from the AI craze. They're in the end users on the software side, managing the databases, but the end users don't have traction like infrastructure, cloud and semis companies. Eventually end users will enjoy traction, but it's too early now.

Technology
Showing 1 to 15 of 51 entries

Snowflake(SNOW-N) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 11

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 4

Total Signals / Votes : 15

Stockchase rating for Snowflake is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Snowflake(SNOW-N) Frequently Asked Questions

What is Snowflake stock symbol?

Snowflake is a American stock, trading under the symbol SNOW-N on the New York Stock Exchange (SNOW). It is usually referred to as NYSE:SNOW or SNOW-N

Is Snowflake a buy or a sell?

In the last year, 15 stock analysts published opinions about SNOW-N. 11 analysts recommended to BUY the stock. 4 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Snowflake.

Is Snowflake a good investment or a top pick?

Snowflake was recommended as a Top Pick by on . Read the latest stock experts ratings for Snowflake.

Why is Snowflake stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Snowflake worth watching?

15 stock analysts on Stockchase covered Snowflake In the last year. It is a trending stock that is worth watching.

What is Snowflake stock price?

On 2024-04-19, Snowflake (SNOW-N) stock closed at a price of $145.45.