
Snowflake (SNOW) Stock Forecast & Price Target
Snowflake (SNOW) Analyst Ratings
Bulls say
Snowflake is projected to achieve product revenue of $4,446 million for FY26, reflecting a 28% year-over-year growth, supported by strong demand in core business areas and a notable increase in AI product adoption. The company's remaining performance obligations (RPO) rose to $7.9 billion, bolstered by the signing of four nine-figure deals, indicating robust new business activity. Additionally, management has raised its full-year product revenue guidance, suggesting continued momentum going into the next fiscal quarter.
Bears say
Snowflake's stock faces a negative outlook primarily due to the deceleration in product revenue growth, which has slowed sequentially by approximately three percentage points, indicating potential weakness in ongoing demand. Additionally, there are heightened risks stemming from increased competition in the database management system (DBMS) sector, particularly from major cloud providers, which may hinder Snowflake's ability to capture new workloads amid a shifting market. Lastly, uncertainties in the macroeconomic environment, coupled with execution risks and high trading multiples, contribute to concerns about the company's ability to meet elevated growth expectations moving forward.
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
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