Snowflake Inc. – Consensus ‘buy’ rating and 32.5% Upside Potential

Broker Ratings
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Snowflake Inc. which can be found using ticker (SNOW) now have 37 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between 600 and 105 and has a mean target at $198.35. Given that the stocks previous close was at $149.74 and the analysts are correct then there would likely be a percentage uptick in value of 32.5%. The 50 day moving average now sits at $161.76 while the 200 day moving average is $156.27. The market cap for the company is 49.46B. The stock price for Apple Inc. is 150.01 USD

The potential market cap would be $65,511,728,121 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 -8.52% 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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