Snowflake Inc. – Consensus ‘buy’ rating and 26.8% Upside Potential

Broker Ratings
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Snowflake Inc. with ticker code (SNOW) have now 38 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $600.00 and $105.00 with the average target price sitting at $198.26. Given that the stocks previous close was at $156.35 this would indicate that there is a potential upside of 26.8%. Also worth taking note is the 50 day moving average now sits at $154.59 and the 200 day moving average is $158.18. The market cap for the company is 52.88B. The current share price for the company is: $160.40 USD

The potential market cap would be $67,059,530,733 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.

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