Snowflake’s (SNOW) “Buy” Rating Reaffirmed at Rosenblatt Securities

Snowflake (NYSE:SNOW)‘s stock had its “buy” rating reissued by analysts at Rosenblatt Securities in a research note issued to investors on Thursday,Benzinga reports. They presently have a $275.00 price objective on the stock. Rosenblatt Securities’ target price suggests a potential upside of 62.01% from the stock’s current price.

Several other equities analysts also recently commented on SNOW. Argus raised Snowflake from a “hold” rating to a “buy” rating and set a $300.00 target price on the stock in a research report on Thursday, January 8th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $250.00 price objective on shares of Snowflake in a report on Monday. BTIG Research lowered their price objective on Snowflake from $312.00 to $235.00 and set a “buy” rating on the stock in a research report on Monday. Barclays reissued an “equal weight” rating and issued a $250.00 target price (down from $290.00) on shares of Snowflake in a research report on Monday, January 12th. Finally, DA Davidson reaffirmed a “buy” rating and set a $300.00 price target on shares of Snowflake in a research report on Friday, January 30th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $260.16.

Snowflake Stock Up 5.4%

SNOW stock opened at $169.74 on Thursday. Snowflake has a 1-year low of $120.10 and a 1-year high of $280.67. The business’s 50 day simple moving average is $201.01 and its 200 day simple moving average is $223.09. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 1.07. The firm has a market capitalization of $58.09 billion, a PE ratio of -42.02 and a beta of 1.14.

Snowflake (NYSE:SNOW) last released its quarterly earnings data on Wednesday, December 3rd. The company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.31 by $0.04. The firm had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.18 billion. Snowflake had a negative net margin of 30.76% and a negative return on equity of 45.91%. The company’s quarterly revenue was up 28.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.20 earnings per share. As a group, research analysts anticipate that Snowflake will post -2.36 EPS for the current year.

Insider Activity at Snowflake

In related news, EVP Christian Kleinerman sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $249.53, for a total value of $2,495,300.00. Following the completion of the sale, the executive vice president owned 512,450 shares in the company, valued at $127,871,648.50. The trade was a 1.91% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Vivek Raghunathan sold 11,801 shares of the company’s stock in a transaction on Wednesday, December 31st. The shares were sold at an average price of $220.44, for a total transaction of $2,601,412.44. Following the completion of the sale, the senior vice president directly owned 218,020 shares of the company’s stock, valued at $48,060,328.80. This trade represents a 5.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 713,681 shares of company stock worth $148,264,518 over the last quarter. 6.80% of the stock is currently owned by corporate insiders.

Institutional Trading of Snowflake

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Grey Fox Wealth Advisors LLC purchased a new position in shares of Snowflake in the third quarter worth $25,000. Tripletail Wealth Management LLC bought a new position in shares of Snowflake during the third quarter valued at about $28,000. Kemnay Advisory Services Inc. purchased a new stake in shares of Snowflake during the fourth quarter worth about $28,000. Rossby Financial LCC grew its stake in shares of Snowflake by 4,233.3% in the second quarter. Rossby Financial LCC now owns 130 shares of the company’s stock worth $29,000 after purchasing an additional 127 shares during the last quarter. Finally, Greenline Wealth Management LLC purchased a new position in Snowflake during the 4th quarter valued at about $29,000. Institutional investors own 65.10% of the company’s stock.

More Snowflake News

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Company beat revenue expectations and reported accelerating AI adoption; management flagged AI as a growth driver and forecasts fiscal‑2027 product revenue above Wall Street estimates, supporting forward revenue visibility. Snowflake expects annual product revenue above estimates as AI boosts demand
• Positive Sentiment: Quarterly revenue grew ~30% year‑over‑year and remaining performance obligations (RPO) rose materially, signaling contracted demand and multi‑period visibility tied to AI projects — a metric investors have been watching for sustainable AI monetization. Snowflake Revenue Rises As AI Adoption Accelerates
• Positive Sentiment: Some headline metrics beat consensus (revenue slightly above estimates; Zacks notes key metrics versus estimates), which supports the bullish narrative that Snowflake’s platform is benefiting from enterprise AI spend. Snowflake (SNOW) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
• Neutral Sentiment: Company released the earnings call transcript and slide deck for deeper detail — useful for verifying non‑GAAP vs GAAP differences and management commentary on AI monetization and RPO. Snowflake Inc. (SNOW) Q4 2026 Earnings Call Transcript
• Neutral Sentiment: Analysts and forecasters revised expectations into the print; some price‑target updates and research notes preceded earnings, so watch post‑report analyst reactions for further directional guidance. Top Wall Street Forecasters Revamp Snowflake Expectations Ahead Of Q4 Earnings
• Negative Sentiment: GAAP EPS missed badly (wide loss per share) despite revenue beats — the large GAAP loss and deterioration in operating result/diluted EPS were cited in market coverage and prompted some intraday selling pressure. Snowflake Inc. (SNOW) stock falls on Q4 2026 Earnings
• Negative Sentiment: Multiple law firms have filed/investigated securities class actions tied to prior disclosures and performance, adding legal overhang and potential future costs or distraction for management. SNOW DEADLINE ALERT: Faruqi & Faruqi, LLP Reminds Snowflake (SNOW) Investors of Securities Class Action Deadline
• Negative Sentiment: Insider selling and recent analyst downgrades were noted in the market, which can pressure sentiment even as top‑line growth remains healthy. Snowflake’s stock dips as the software company gives a mixed outlook

About Snowflake

Snowflake Inc is a cloud-native data platform company that provides a suite of services for storing, processing and analyzing large volumes of data. Its core offering, often described as the Snowflake Data Cloud, combines data warehousing, data lake and data sharing capabilities in a single managed service delivered across major public cloud providers. The platform is designed to support analytics, data engineering, data science and application workloads with a focus on scalability, concurrency and simplified administration.

Key products and capabilities include a multi-cluster, shared-data architecture that separates compute from storage; continuous data ingestion and streaming; support for structured and semi-structured data formats; tools for data governance, security and compliance; and developer frameworks for building data applications.