Snowflake Inc. – Consensus ‘buy’ rating and 10.4% Upside Potential

Broker Ratings
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Snowflake Inc. with ticker code (SNOW) now have 39 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $600.00 and $120.00 calculating the average target price we see $220.79. Given that the stocks previous close was at $199.94 this would imply there is now a potential upside of 10.4%. It’s also worth noting that there is a 50 day moving average of $192.53 while the 200 day moving average is $169.58. The market capitalization for the company is 71.93B. The current share price for the company is: $218.76 USD

The potential market cap would be $79,429,056,885 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of -, revenue per share of $8.05 and a -9.07% return on assets.

Snowflake Inc. is a Data Cloud company. The Company’s platform is the technology that powers the Data Cloud, enabling customers to consolidate data into a single source of truth to drive meaningful business insights, build data applications, and share data and data products. Its platform unifies data and supports a variety of workloads, including data warehousing, data lakes, and Unistore, as well as collaboration, data engineering, cybersecurity, data science and machine learning, and application development. The Company has developed technology across its platform, including managed service, storage, query capabilities, compute model, data sharing, global infrastructure, and integrated security. The Company also provides frictionless and governed data access so users can securely share data inside and outside of their organizations, generally without copying or moving the underlying data.

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