Snowflake Inc. with ticker code (SNOW) have now 33 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 530 and 125 with the average target price sitting at 222.12. With the stocks previous close at 178.72 this would imply there is a potential upside of 24.3%. The 50 day moving average now sits at 167.05 and the 200 day MA is 208.6. The market capitalisation for the company is $54,973m. You can visit the company’s website by visiting: https://www.snowflake.com
The potential market cap would be $68,322m based on the market concensus.
Snowflake Inc. provides a cloud-based data platform in the United States and internationally. The company’s platform offers Data Cloud, which enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data-driven applications, and share data. Its platform is used by various organizations of sizes in a range of industries. The company was formerly known as Snowflake Computing and changed its name to Snowflake Inc. in April 2019. Snowflake Inc. was incorporated in 2012 and is based in Bozeman, Montana.
