Snowflake Inc. – Consensus ‘buy’ rating and 39.5% Upside Potential

Broker Ratings
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Snowflake Inc. with ticker code (SNOW) now have 36 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 $125.00 calculating the mean target price we have $220.68. Now with the previous closing price of $158.14 this would imply there is now a potential upside of 39.5%. The 50 day moving average now sits at $196.32 and the 200 day MA is $175.48. The market capitalization for the company is 52.28B. The stock price is currently at: $159.01 USD

The potential market cap would be $72,958,765,546 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 $8.56 and a -8.48% 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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