Snowflake Inc. (SNOW)
| Market Cap | 65.53B |
| Revenue (ttm) | 2.62B |
| Net Income (ttm) | -873.91M |
| Shares Out | 329.30M |
| EPS (ttm) | -2.68 |
| PE Ratio | n/a |
| Forward PE | 237.80 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,424,836 |
| Open | 200.00 |
| Previous Close | 201.23 |
| Day's Range | 198.34 - 201.88 |
| 52-Week Range | 119.27 - 202.83 |
| Beta | 0.96 |
| Analysts | Buy |
| Price Target | 196.83 (-1.09%) |
| Earnings Date | Feb 28, 2024 |
About SNOW
Snowflake Inc. provides a cloud-based data platform for various organizations in the United States and internationally. Its platform offers Data Cloud, which enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data-driven applications, and share data and data products. The company was formerly known as Snowflake Computing, Inc. and changed its name to Snowflake Inc. in April 2019. Snowflake Inc. was incorporated in 2012 and is based in Bozeman, Montana. [Read more]
Financial Performance
In 2022, Snowflake's revenue was $2.07 billion, an increase of 69.41% compared to the previous year's $1.22 billion. Losses were -$796.71 million, 17.2% more than in 2021.
Financial StatementsAnalyst Forecast
According to 30 analysts, the average rating for SNOW stock is "Buy." The 12-month stock price forecast is $196.83, which is a decrease of -1.09% from the latest price.
News
Gaining 40% This Year, Will Revival In Cloud Demand And Generative AI Drive Snowflake Stock Higher?
Snowflake SNOW stock has gained about 40% year-to-date, amid increasing optimism of a revival in cloud spending by large businesses, although it has marginally underperformed the Nasdaq-100, which rem...
Snowflake goes all in on data clean rooms with Samooha acquisition
Snowflake is buying Samooha, a startup developing a “cross-cloud” data collaboration suite, the companies announced this morning — adding to the list of big tech acquisitions leading up to the holiday...
Snowflake makes eighth acquisition of 2023: Samooha, a data clean room maker
The acquisition will make it easier for Snowflake customers and partners to build, connect and use data clean rooms to unlock the value of their data in the Data Cloud.
Snowflake makes ninth acquisition of 2023: Samooha, a data clean room maker
The acquisition will make it easier for Snowflake customers and partners to build, connect and use data clean rooms to unlock the value of their data in the Data Cloud.
Scitara Joins Snowflake Partner Network
MARLBOROUGH, Mass.--(BUSINESS WIRE)--Scitara today announced that it has joined Snowflake's Partner Network. As part of the Snowflake Partner Network, Scitara can help joint customers get the most out...
‘Smidcap' companies are becoming a big deal. Here's a look at some of the best.
The stocks of long-neglected small companies are finally showing signs of life as the market rally broadens. But these tiny companies still remain vastly undervalued.
Reltio Achieves Select-Tier Partner Status with Snowflake
REDWOOD SHORES, Calif.--(BUSINESS WIRE)--Reltio®, the leading data unification and management company, today announced that it has achieved Select-tier partner status from Snowflake, the Data Cloud co...
DAS42 Announces Subscriber Analytics Solution on the Snowflake Data Cloud
NEW YORK--(BUSINESS WIRE)--DAS42, a leading data consultancy, today announced a new solution, Subscriber Analytics. By bringing together the data experts at DAS42 and the power of Snowflake's Media Da...
Precisely Data Integrity Suite is Now Powered by Snowflake
BURLINGTON, Mass.--(BUSINESS WIRE)-- #dataenrichment--Precisely announces that its Data Integrity Suite is Powered by Snowflake - enabling customers to build trust in data within their cloud environme...
IPinfo Recognized as a Leader in Snowflake's Inaugural Cybersecurity Report
SEATTLE--(BUSINESS WIRE)-- #cybersecurity--IPinfo announced today that it has been recognized as a Data Enrichment Leader in the inaugural report, The Next Generation of Cybersecurity Applications, ex...
Snowflake Stock Rises On Growth From Generative AI
Guidance for SNOW stock came in above expectations.
SingleStore to Launch Hybrid Vector and Full-Text Search Capabilities as a Snowflake Native App on the Snowflake Data Cloud
SAN FRANCISCO--(BUSINESS WIRE)--SingleStore, the company behind a database that empowers users to transact, analyze and contextualize data in real time, today announced that SingleStoreDB will soon be...
Snowplow Launches Snowplow Digital Analytics as a Snowflake Native App, in the Data Cloud
BOSTON--(BUSINESS WIRE)-- #analytics--Snowplow, the leader in customer data collection and analytics, today announced the launch of Snowplow Digital Analytics on Snowflake Marketplace. Snowplow Digita...
Zuckerberg sells Meta, Snowflake may be the better choice
After a wild year in the stock market, 2023 leaves one sector that takes the crown as a clear winner. Technology stocks have been all the hype in the past few months, bringing new hopes of an economic...
SecurityScorecard Recognized as One to Watch in Snowflake's Inaugural Cybersecurity Report
NEW YORK--(BUSINESS WIRE)--SecurityScorecard today announced that it has been recognized as one to watch in the Data Enrichment category in the inaugural report, The Next Generation of Cybersecurity A...
Gurucul Recognized as a One to Watch in Snowflake's Inaugural Cybersecurity Report
LOS ANGELES--(BUSINESS WIRE)--Gurucul, the most visionary Next-Gen SIEM provider, today announced that it has been recognized as a One to Watch in the inaugural report, The Next Generation of Cybersec...
Snowflake Ranked #1 on 2023 Fortune Future 50 List
No-Headquarters/BOZEMAN, Mont.--(BUSINESS WIRE)-- #TheDataCloud--Snowflake (NYSE: SNOW), the Data Cloud company, today announced that it was awarded the number one spot on the 2023 Fortune Future 50 l...
AArete Joins Snowflake Partner Network
CHICAGO--(BUSINESS WIRE)--AArete has joined the Snowflake Partner Network, helping financial services and healthcare clients unlock the full potential of their data.
Snowflake's bullish tailwind is turning into a gale-force wind
The headwinds that drove Snowflake NYSE: SNOW shares to their 2022 lows began to recede early this year. Persistent outperformance and solid guidance supported by better-than-expected business spendin...
Snowflake Shares Surge on Profit and Sales Beat, Citing 'Stabilizing' Environment
Snowflake (SNOW) shares rose close to 5% in early trading Thursday after reporting better-than-expected quarterly results and guidance as the market for its cloud data warehousing services improved.
Snowflake Calls a Cloud Recovery. Not Everyone Is Buying It.
Snowflake stock was rising as the market welcomed results that appeared to signal improving demand. However, some on Wall Street are calling for caution.
These advisers say markets are expecting unrealistic outcomes. Here are some alternatives.
Stocks are poised for an upbeat finish to the best month of gains for 2023, as the fever pitch around Fed rate cuts next year grows. It's all teeing up nicely for that Santa rally, maybe.
Snowflake boosts outlook for first time in a year — and it could be conservative
Consumption-oriented software businesses have experienced a tough recent stretch, but Snowflake Inc. is winning cheers Thursday for showing signs of improvement.
Snowflake Reports Financial Results for the Third Quarter of Fiscal 2024
No-Headquarters/BOZEMAN, Mont.--(BUSINESS WIRE)---- $SNOW #TheDataCloud--Snowflake (NYSE: SNOW), the Data Cloud company, today announced financial results for its third quarter of fiscal 2024, ended O...
AI revolution: 3 stocks set to soar as technology evolves
It's been a wild ride for generative AI platform ChatGPT and its financial backer Microsoft Corp. NASDAQ: MSFT. While those two companies, along with chip designer Nvidia Corp. NASDAQ: NVDA are among ...