
Snowflake (SNOW) Stock Forecast & Price Target
Snowflake (SNOW) Analyst Ratings
Bulls say
Snowflake is projected to achieve product revenue of $4.446 billion in FY26, reflecting a 28% year-over-year growth while maintaining a strong non-GAAP product gross margin of 75% and an operating margin of 9%. The company reported a significant increase in remaining performance obligations (RPO) to $7.9 billion, driven by the signing of four nine-figure deals, which underscores robust demand, particularly in the financial services and technology verticals. Additionally, the rapid onboarding of new customers, coupled with strong adoption of its AI product suite, aligns with management's positive guidance for reaccelerated product revenue growth in the upcoming quarter.
Bears say
The analysis highlights a negative outlook for Snowflake's stock based on several fundamental factors. There is an expectation of unexpected revenue deceleration amid execution risks, compounded by increasing competition from major cloud vendors, which may affect market share for new workloads. Furthermore, the company's 3Q product revenue showed a year-over-year growth deceleration, indicating potential challenges in maintaining momentum in a macroeconomic environment that remains uncertain.
This aggregate rating is based on analysts' research of Snowflake and is not a guaranteed prediction by Public.com or investment advice.
Snowflake (SNOW) Analyst Forecast & Price Prediction
Start investing in Snowflake (SNOW)
Order type
Buy in
Order amount
Est. shares
0 shares