Snowflake Inc. Share Price Target ‘$220.35’, now 17.1% Upside Potential

Broker Ratings
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Snowflake Inc. which can be found using ticker (SNOW) now have 40 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 $120.00 calculating the mean target share price we have $220.35. (at the time of writing). Given that the stocks previous close was at $188.12 this is indicating there is a potential upside of 17.1%. The 50 day MA is $182.11 and the 200 day moving average is $166.21. The market cap for the company is 61.96B. The current stock price for Microsoft Corporation is currently $188.44 USD

The potential market cap would be $72,574,324,421 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 $8.05 and a -9.07% 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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