
Snowflake (SNOW) Stock Forecast & Price Target
Snowflake (SNOW) Analyst Ratings
Bulls say
Snowflake Inc. demonstrated robust financial growth, with a remarkable acceleration in revenue as both Product and Total Revenue increased by 30% year-over-year, indicating strong market demand. The company's remaining performance obligations (RPO) surged 42% year-over-year to reach $9.77 billion at the conclusion of FY26, reflecting solid future revenue visibility. Furthermore, an increase in high-spend customers by 27% year-over-year, coupled with an anticipated expansion in operating margins of approximately 2 percentage points for FY27, highlights Snowflake's operational efficiency and the effectiveness of its data-sharing capabilities in enhancing customer retention.
Bears say
Snowflake Inc. has faced a downward revision of its target price by 29%, attributed to lower expected valuation multiples for metrics such as enterprise value to revenue and free cash flow, indicating a pessimistic outlook due to weaker market comparisons. Key concerns include a potential deceleration in subscription revenue growth, challenges in retaining customer migrations from data centers to the cloud, and intensified competition from major players like Microsoft and ServiceNow. Additionally, broader macroeconomic uncertainties and shifting investor sentiment towards hypergrowth technology stocks pose substantial risks that could further affect performance and market valuation.
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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