How to Buy Snowflake Stock
Snowflake Inc
Snowflake is a app company located in California, United States, which is part of the Technology sector, and is traded under the ticker SNOW on the NYSE exchange.
Snowflake stock last closed at $226.59, down 2.45% from the previous day, and has increased 6.03% in one year. It has overperformed other stocks in the Software - Application industry by 0.58 percentage points. Snowflake stock is currently +91.53% from its 52-week low of $118.30, and -20.49% from its 52-week high of $284.99.
At the moment, there are 346.6M SNOW shares outstanding. The market cap of SNOW is $78.54B. In the past 24 hours, 5.98M SNOW shares were traded.
How to Buy Snowflake Stock
Not sure how to invest in Snowflake stock? Here's how.
- Choose where to buy Snowflake stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you choose where to buy Snowflake stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Pick your method of payment and add your information.
- Analyze Snowflake stock: The Snowflake ticker symbol is SNOW. Is Snowflake stock a good investment? Should you buy shares of SNOW? How do SNOW's underlying business fundamentals look? Do top analysts think Snowflake is a good buy? Why has SNOW's stock price moved recently? (Hint: Our stock research website can help you decide if SNOW is a good stock to buy).
- Make your SNOW purchase: Decide if you will purchase SNOW shares at the current market price or use a limit order to purchase SNOW stock at a specific price.
- Get notifications regarding your investment in SNOW: Create a watchlist to get live updates on your investment in Snowflake stock.
Step 1: Choose where to buy Snowflake stock
You need a brokerage account to access the NYSE market and buy SNOW stock.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best stock brokerage. eToro gives you:
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- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by creating an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal info so you are able to buy SNOW stock today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to start your new trading account.
- Send your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have opened your account on app for stock, you need to deposit funds:
Watch the tutorial below if you need help transferring money into your new investment account.
Step 4: Analyze Snowflake stock
After you have selected the best place to buy Snowflake stock, it's important to analyze their stock before you invest, so you truly comprehend the risk as well as the opportunity.
Overview of key SNOW info
SNOW Due Diligence Score
WallStreetZen was created to help part-time investors perform better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on SNOW's stock page.
How is SNOW stock valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge SNOW's fair value.
Using relative valuations measures:
- SNOW may be overvalued based on its P/B ratio of 40.49x, relative to Software - Application industry P/B ratio of 4.7x
You can access more valuation analysis on SNOW's stock here.
SNOW Financials at a glance
Signs that SNOW is financially healthy:
- There are more short-term assets than long-term liabilities on the SNOW balance sheet.
- SNOW's operating cash flow of $1.24B allows it to safely service it's debt of $2.77B.
- There are more short-term assets than short-term liabilities on the SNOW balance sheet.
- SNOW profit margin has gone up from -36.4% to -23.8% in the past year.
Signs that SNOW is not financially healthy:
- Total SNOW debt is higher than 5 years ago, relative to shareholder equity.
- SNOW has a relatively high debt to equity ratio of 3.41.
- SNOW earnings of -$1.18B is not enough to cover its interest payments.
Do Wall Street analysts think it's a good time to buy Snowflake stock
Out of 33 Equities analysts who give ratings on SNOW, the consensus analyst rating on SNOW is a Strong Buy
Please note that analyst forecasts are not recommendations, nor are they financial advice.
Latest SNOW Analyst Forecasts
Rob Owens, a top 4% analyst from Piper Sandler maintains SNOW with a strong buy rating and raises their SNOW price target from $295.00 to $320.00, on Jun 3, 2026.
J. Derrick Wood, a top 11% analyst from TD Cowen reiterates SNOW with a strong buy rating and maintains their SNOW price target from $300.00 to $300.00, on Jun 3, 2026.
Mark Schappel, a top 36% analyst from Loop Capital maintains SNOW with a strong buy rating and raises their SNOW price target from $290.00 to $320.00, on Jun 3, 2026.
Gray Powell, a top 5% analyst from BTIG maintains SNOW with a strong buy rating and raises their SNOW price target from $280.00 to $325.00, on Jun 3, 2026.
Mike Cikos, a top 4% analyst from Needham maintains SNOW with a buy rating and raises their SNOW price target from $300.00 to $330.00, on Jun 3, 2026.
Needham's Mike Cikos raised their price target on Snowflake (NYSE: SNOW) by 10% from $300 to $330 on 2026/06/03. The analyst maintained their Buy rating on the stock.
Snowflake held its 2026 Investor Day.
Raising their price target, Cikos said their key takeaway from the company's annual user conference was the overall strategy of CEO Ramaswamy's tenure that is manifesting itself in Snowflake's latest earnings.
The core business is growing strongly and newer AI products like CoWork and CoCo are driving tremendous adoption and growth, the analyst opined.
Earnings Report
For Q1 2027, Snowflake reported:
- EPS of $0.39, which beat the Zacks Consensus Estimate by 21.88% and Q1 2026's $0.24.
- Revenue of $1.39B, which beat the Zacks Consensus Estimate by 5.23% and was up 33% Y/Y.
Management guided:
For Q2 2027:
- Product revenue of $1.415B to $1.42B.
For FY 2027:
- Product revenue of $5.84B.
CEO Sridhar Ramaswamy commented: "Snowflake delivered a milestone quarter, with product revenue of $1.33 billion, up 34% year-over-year, marking the strongest sequential dollar growth in our history.
“AI continues to be a powerful tailwind for Snowflake, and Q1 marks a clear inflection point in that journey.
"With Cortex Code and Snowflake Intelligence, we are extending from the trusted foundation for enterprise data and context to become the control plane for the Agentic Enterprise.
"We are seeing strong momentum from both AI-driven acceleration of our core platform and growing adoption of our first-party AI products, positioning Snowflake to lead in this new era."
You can dig deeper into what analysts are projecting on the Snowflake stock forecast page.
SNOW Momentum
SNOW Revenue
Last year, SNOW revenue was $5.03B. During the past five year, SNOW's revenue has increased by 47.86% per year. This was faster than the Software - Application industry average of 24.11%.
Find out more about SNOW's earnings and revenue performance here.
Latest Insiders Trades at SNOW
Over the past year, executives and large shareholders at SNOW have sold more shares than they have bought.
Frank Slootman, Director of SNOW, was the latest SNOW insider to buy. They bought $1,776,000.00 worth of SNOW stock on Jun 18, 2026.
Get more info about who owns SNOW stock here.
Can I get consistent income from SNOW stock?
No, Snowflake doesn't provide an income stream by paying out dividends.
What do other traders have to say about SNOW?
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Make your SNOW purchase
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually sufficient. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a specific price, place a limit order.
Hit the Open button and your broker will place your order.
If you require additional info about investing in stocks on eToro, watch the how to video below:
Step 6: Get notifications regarding your investment in SNOW
Now that you own some SNOW shares, you'll want to stay up-to-date on your shares.
Put SNOW on a watchlist to track the latest developments regarding your SNOW stock.
SNOW Feed
How to Buy Stock in Snowflake
To reiterate, here are the 6 steps to buy stock in Snowflake:
- Choose where to buy Snowflake stock
- Create a brokerage account
- Deposit funds into your brokerage account
- Analyze Snowflake stock
- Make your SNOW purchase
- Get notifications regarding your investment in SNOW
If you are looking for a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you would like to monitor your investment in Snowflake, hit the button below to create your watchlist.
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