Key Highlights:
- BTIG maintains a Buy rating on Snowflake, setting a price target of $220.
- Analysts predict a 42.63% upside potential from the current stock price.
- GuruFocus estimates an impressive 126.3% upside based on GF Value.
BTIG's Confident Stance on Snowflake
BTIG remains optimistic about Snowflake's future, reiterating a Buy rating and setting an ambitious price target of $220. The firm projects a robust 23% increase in product revenue by fiscal 2026, reflecting Snowflake's strategic refinement aimed at bolstering customer retention. As we approach the first quarter results, expectations are set for earnings of $0.21 per share and revenue reaching $1.01 billion.
Wall Street Analysts' Forecast
A study of one-year price targets from 41 analysts reveals an average target price for Snowflake Inc (SNOW, Financial) at $208.54. The high estimate soars to $440.00, while the low sits at $115.00. This average estimate suggests a promising 42.63% upside from the current stock price of $146.21. For a detailed breakdown, visit the Snowflake Inc (SNOW) Forecast page.
Consensus from 47 brokerage firms places Snowflake's average brokerage recommendation at 2.0, which indicates an "Outperform" status. This rating system ranges from 1, representing a Strong Buy, to 5, which signifies a Sell.
Insightful GuruFocus Valuation
According to GuruFocus estimates, the projected GF Value for Snowflake Inc (SNOW, Financial) after one year is $330.87. This suggests a significant 126.3% upside from the current price of $146.21. The GF Value represents GuruFocus' calculation of the fair market price based on historical trading multiples, business growth history, and anticipated future performance. For more detailed analysis, explore the Snowflake Inc (SNOW) Summary page.
