Snowflake

SNOW-N

NYSE:SNOW

285.68
0.64 (0.22%)
Snowflake Inc. is a cloud-based data-warehousing startup that was founded in 2012. It has raised more than $1.4 billion in venture capital, and is based in San Mateo, California. It was publicly launched by Bob Muglia in 2014 after two years in stealth mode.
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Analysis and Opinions about SNOW-N

Signal
Opinion
Expert
PARTIAL BUY
PARTIAL BUY
January 8, 2021
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.
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Snowflake (SNOW-N)
January 8, 2021
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
BUY
December 18, 2020

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).

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Snowflake (SNOW-N)
December 18, 2020

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
PARTIAL BUY
October 22, 2020
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.
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Snowflake (SNOW-N)
October 22, 2020
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.
BUY WEAKNESS
BUY WEAKNESS
October 19, 2020
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.
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Snowflake (SNOW-N)
October 19, 2020
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
DON'T BUY
October 14, 2020
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.
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Snowflake (SNOW-N)
October 14, 2020
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
WATCH
September 23, 2020
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.
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Snowflake (SNOW-N)
September 23, 2020
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
COMMENT
September 11, 2020

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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Snowflake (SNOW-N)
September 11, 2020

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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Snowflake(SNOW-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 4

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 5

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, 5 stock analysts published opinions about SNOW-N. 4 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is PARTIAL BUY. Read the latest stock experts' ratings for Snowflake.

Is Snowflake a good investment or a top pick?

Snowflake was never recommended as a Top Pick on Stockchase. 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?

5 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 2021-01-22, Snowflake (SNOW-N) stock closed at a price of $285.68.