Snowflake (NYSE:SNOW) Stock Price Up 2.4% – Should You Buy?

22 Jan 2026, 19:12 by Doug Wharley · The Cerbat Gem

Snowflake Inc. (NYSE:SNOW – Get Free Report)’s stock price rose 2.4% during trading on Thursday . The stock traded as high as $211.49 and last traded at $211.38. Approximately 3,458,442 shares traded hands during mid-day trading, a decline of 22% from the average daily volume of 4,424,520 shares. The stock had previously closed at $206.50.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Citigroup cut their target price on shares of Snowflake from $310.00 to $300.00 and set a “buy” rating on the stock in a research note on Monday, December 8th. UBS Group reiterated a “buy” rating on shares of Snowflake in a report on Thursday, December 4th. The Goldman Sachs Group set a $286.00 price objective on Snowflake in a research note on Monday, January 12th. Guggenheim restated a “neutral” rating on shares of Snowflake in a research report on Wednesday, November 26th. Finally, TD Cowen reiterated a “buy” rating on shares of Snowflake in a report on Thursday, December 4th. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $275.58.

Read Our Latest Stock Report on Snowflake

Snowflake Price Performance

The company has a debt-to-equity ratio of 1.07, a current ratio of 1.37 and a quick ratio of 1.37. The stock has a market capitalization of $72.33 billion, a price-to-earnings ratio of -52.32 and a beta of 1.14. The stock’s 50 day simple moving average is $229.36 and its 200-day simple moving average is $228.49.

Snowflake (NYSE:SNOW – Get Free Report) last released its quarterly earnings results on Wednesday, December 3rd. The company reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.04. Snowflake had a negative net margin of 30.76% and a negative return on equity of 45.91%. The business had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.18 billion. During the same quarter last year, the firm earned $0.20 EPS. Snowflake’s revenue for the quarter was up 28.7% on a year-over-year basis. On average, analysts expect that Snowflake Inc. will post -2.36 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director Michael L. Speiser sold 403 shares of the company’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $221.16, for a total transaction of $89,127.48. Following the completion of the sale, the director owned 24,121 shares in the company, valued at approximately $5,334,600.36. This represents a 1.64% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Vivek Raghunathan sold 11,801 shares of the stock in a transaction dated Wednesday, December 31st. The shares were sold at an average price of $220.44, for a total value of $2,601,412.44. Following the transaction, the senior vice president directly owned 218,020 shares in the company, valued at approximately $48,060,328.80. This represents a 5.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 418,681 shares of company stock valued at $96,073,145. 6.80% of the stock is owned by corporate insiders.

Institutional Trading of Snowflake

Large investors have recently modified their holdings of the company. Vanguard Group Inc. lifted its position in Snowflake by 3.1% during the 3rd quarter. Vanguard Group Inc. now owns 28,647,593 shares of the company’s stock worth $6,461,465,000 after acquiring an additional 857,832 shares during the last quarter. Jennison Associates LLC increased its stake in shares of Snowflake by 13.5% in the third quarter. Jennison Associates LLC now owns 9,083,889 shares of the company’s stock worth $2,048,871,000 after purchasing an additional 1,083,222 shares during the period. State Street Corp lifted its position in shares of Snowflake by 1.4% during the 2nd quarter. State Street Corp now owns 6,887,073 shares of the company’s stock worth $1,541,120,000 after purchasing an additional 94,293 shares during the last quarter. Artisan Partners Limited Partnership boosted its stake in Snowflake by 15.2% during the 2nd quarter. Artisan Partners Limited Partnership now owns 4,951,715 shares of the company’s stock valued at $1,108,045,000 after purchasing an additional 652,485 shares during the period. Finally, Geode Capital Management LLC grew its holdings in Snowflake by 3.1% in the 2nd quarter. Geode Capital Management LLC now owns 4,424,120 shares of the company’s stock valued at $986,057,000 after buying an additional 133,059 shares during the last quarter. 65.10% of the stock is owned by institutional investors.

Snowflake Company Profile

(Get Free Report)

Snowflake Inc is a cloud-native data platform company that provides a suite of services for storing, processing and analyzing large volumes of data. Its core offering, often described as the Snowflake Data Cloud, combines data warehousing, data lake and data sharing capabilities in a single managed service delivered across major public cloud providers. The platform is designed to support analytics, data engineering, data science and application workloads with a focus on scalability, concurrency and simplified administration.