Snowflake Inc. which can be found using ticker (SNOW) have now 38 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $600.00 and $105.00 calculating the average target price we see $197.92. Given that the stocks previous close was at $160.97 this now indicates there is a potential upside of 23.0%. It’s also worth noting that there is a 50 day moving average of $154.80 and the 200 day moving average is $158.17. The company has a market capitalization of 53.36B. The stock price is currently at: $161.85 USD
The potential market cap would be $65,610,961,520 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 $7.56 and a -8.53% 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.
