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NYSE: SNOW
Snowflake Inc Stock Forecast, Predictions & Price Target

Analyst price target for SNOW

Based on 33 analysts offering 12 month price targets for Snowflake Inc.
Min Forecast
$120.00-24.7%
Avg Forecast
$191.33+20.06%
Max Forecast
$253.00+58.76%

Should I buy or sell SNOW stock?

Based on 35 analysts offering ratings for Snowflake Inc.
Buy
Strong Buy
15 analysts 42.86%
Buy
9 analysts 25.71%
Hold
10 analysts 28.57%
Sell
0 analysts 0%
Strong Sell
1 analysts 2.86%

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SNOW stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
ScotiaBank
Bottom 3%
3
HoldInitiates Coverage On$125.00-21.56%2023-01-18
Barclays
Top 8%
93
Strong BuyMaintains$169.00+6.05%2023-01-10Find out why
Piper Sandler
Top 1%
100
Strong BuyMaintains$194.00+21.74%2023-01-09Find out why
Wells Fargo
Bottom 1%
1
Strong BuyInitiates Coverage On$170.00+6.68%2023-01-06Find out why
Wedbush
Top 47%
54
HoldInitiates Coverage On$144.00-9.64%2022-12-15Find out why
Credit Suisse
Bottom 3%
3
BuyMaintains$200.00+25.50%2022-12-05Find out why
Morgan Stanley
Top 7%
94
Strong BuyMaintains$225.00+41.19%2022-12-01
JP Morgan
Top 21%
80
Strong BuyMaintains$180.00+12.95%2022-12-01
Needham
Bottom 3%
3
BuyMaintains$165.00+3.54%2022-12-01
Raymond James
Bottom 11%
11
BuyMaintains$180.00+12.95%2022-12-01

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Forecast return on equity

Is SNOW forecast to generate an efficient return?
Company
N/A
Industry
0.42%
Market
12.46%

Forecast return on assets

Is SNOW forecast to generate an efficient return on assets?
Company
N/A
Industry
0.18%

SNOW earnings per share forecast

What is SNOW's earnings per share in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
-$2.10
Avg 2 year Forecast
-$1.84
Avg 3 year Forecast
-$1.45

SNOW revenue forecast

What is SNOW's revenue in the next 3 years based on estimates from 12 analysts?
Avg 1 year Forecast
$2.0B+9.4%
Avg 2 year Forecast
$3.1B+65.13%
Avg 3 year Forecast
$4.4B+137.53%
SNOW's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

SNOW revenue growth forecast

How is SNOW forecast to perform vs Software - Application companies and vs the US market?
Company
32.08%
Industry
18.86%
Market
9.35%
SNOW's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
SNOW's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

SNOW vs App Stocks

TickerPricePrice TargetUp/downsideConsensus
SNOW$159.36$191.33+20.06%Buy
CDNS$185.03$196.00+5.93%Buy
WDAY$177.66$204.27+14.98%Buy
ADSK$210.88$239.15+13.41%Buy
TEAM$164.25$239.33+45.71%Buy

Snowflake Stock Forecast FAQ

Is Snowflake Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 35 Wall Street analysts covering (NYSE: SNOW) stock is to Buy SNOW stock.

Out of 35 analysts, 15 (42.86%) are recommending SNOW as a Strong Buy, 9 (25.71%) are recommending SNOW as a Buy, 10 (28.57%) are recommending SNOW as a Hold, 0 (0%) are recommending SNOW as a Sell, and 1 (2.86%) are recommending SNOW as a Strong Sell.

If you're new to stock investing, here's how to buy Snowflake stock.

What is SNOW's earnings growth forecast for 2023-2025?

(NYSE: SNOW) Snowflake's forecast annual earnings growth rate of N/A is not forecast to beat the US Software - Application industry's average forecast earnings growth rate of 46.27%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 24.24%.

Snowflake's earnings in 2023 is -$721,689,000.On average, 3 Wall Street analysts forecast SNOW's earnings for 2023 to be -$675,360,000, with the lowest SNOW earnings forecast at -$697,872,000, and the highest SNOW earnings forecast at -$665,712,000. On average, 4 Wall Street analysts forecast SNOW's earnings for 2024 to be -$591,744,000, with the lowest SNOW earnings forecast at -$913,344,000, and the highest SNOW earnings forecast at -$321,600,000.

In 2025, SNOW is forecast to generate -$466,320,000 in earnings, with the lowest earnings forecast at -$466,320,000 and the highest earnings forecast at -$466,320,000.

What is SNOW's revenue growth forecast for 2023-2025?

(NYSE: SNOW) Snowflake's forecast annual revenue growth rate of 32.08% is forecast to beat the US Software - Application industry's average forecast revenue growth rate of 18.86%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 9.35%.

Snowflake's revenue in 2023 is $1,860,421,000.On average, 12 Wall Street analysts forecast SNOW's revenue for 2023 to be $654,572,419,200, with the lowest SNOW revenue forecast at $643,222,512,000, and the highest SNOW revenue forecast at $659,601,600,000. On average, 11 Wall Street analysts forecast SNOW's revenue for 2024 to be $987,974,817,600, with the lowest SNOW revenue forecast at $955,534,704,000, and the highest SNOW revenue forecast at $1,015,162,560,000.

In 2025, SNOW is forecast to generate $1,421,145,897,600 in revenue, with the lowest revenue forecast at $1,362,265,440,000 and the highest revenue forecast at $1,502,759,616,000.

What is SNOW's forecast return on assets (ROA) for 2023-2026?

(NYSE: SNOW) forecast ROA is N/A, which is lower than the forecast US Software - Application industry average of 0.18%.

What is SNOW's Price Target?

According to 33 Wall Street analysts that have issued a 1 year SNOW price target, the average SNOW price target is $191.33, with the highest SNOW stock price forecast at $253.00 and the lowest SNOW stock price forecast at $120.00.

On average, Wall Street analysts predict that Snowflake's share price could reach $191.33 by Jan 18, 2024. The average Snowflake stock price prediction forecasts a potential upside of 20.06% from the current SNOW share price of $159.36.

What is SNOW's Earnings Per Share (EPS) forecast for 2023-2025?

(NYSE: SNOW) Snowflake's current Earnings Per Share (EPS) is -$2.28. On average, analysts forecast that SNOW's EPS will be -$2.10 for 2023, with the lowest EPS forecast at -$2.17, and the highest EPS forecast at -$2.07. On average, analysts forecast that SNOW's EPS will be -$1.84 for 2024, with the lowest EPS forecast at -$2.84, and the highest EPS forecast at -$1.00. In 2025, SNOW's EPS is forecast to hit -$1.45 (min: -$1.45, max: -$1.45).

What is SNOW's forecast return on equity (ROE) for 2023-2026?

(NYSE: SNOW) forecast ROE is N/A, which is considered weak.
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