Morgan Stanley has revised its price target for Snowflake (SNOW, Financial), lowering it from $190 to $185. Despite this adjustment, the firm maintains an Equal Weight rating on the stock. This change comes as part of a broader reassessment of the risk and reward profiles for numerous software companies.
The adjustment is influenced by the current analysis of tariff risk uncertainties and the extent to which these factors have been factored into the market prices of these companies. Investors are keenly observing these developments to understand their potential impact on stock performance.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 41 analysts, the average target price for Snowflake Inc (SNOW, Financial) is $208.54 with a high estimate of $440.00 and a low estimate of $115.00. The average target implies an upside of 41.65% from the current price of $147.22. More detailed estimate data can be found on the Snowflake Inc (SNOW) Forecast page.
Based on the consensus recommendation from 47 brokerage firms, Snowflake Inc's (SNOW, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Snowflake Inc (SNOW, Financial) in one year is $330.85, suggesting a upside of 124.72% from the current price of $147.2249. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Snowflake Inc (SNOW) Summary page.
