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

OverviewForecast
EarningsDividendOwnershipStatistics

Analyst price target for SNOW

Based on 19 analysts offering 12 month price targets for Snowflake Inc.
Min Forecast
$235.00-31.22%
Avg Forecast
$334.90-1.98%
Max Forecast
$465.00+36.1%

Should I buy or sell SNOW stock?

Based on 19 analysts offering ratings for Snowflake Inc.
Buy
Strong Buy
8 analysts 42.11%
Buy
4 analysts 21.05%
Hold
7 analysts 36.84%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

SNOW stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Credit Suisse
Bottom 12%
12
BuyMaintains$465.00+36.10%2021-12-06
Rosenblatt
Bottom 17%
17
HoldMaintains$380.00+11.22%2021-12-03
Morgan Stanley
Top 3%
98
HoldMaintains$344.00+0.68%2021-12-03
Deutsche Bank
Top 6%
95
Strong BuyMaintains$400.00+17.08%2021-12-02
JMP Securities
Top 12%
89
BuyMaintains$385.00+12.69%2021-12-02
Goldman Sachs
Top 3%
98
Strong BuyMaintains$390.00+14.15%2021-12-02
Barclays
Top 1%
100
HoldMaintains$393.00+15.03%2021-12-02
Piper Sandler
Bottom 5%
5
Strong BuyMaintains$397.00+16.20%2021-12-02
BTIG
Top 4%
97
Strong BuyUpgrades$353.00+3.32%2021-09-30
Cowen & Co.
Top 3%
98
BuyMaintains$335.00-1.95%2021-08-26

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Forecast return on equity

Is SNOW forecast to generate an efficient return?
Company
-4.83%
Industry
-48.07%
Market
37.06%
SNOW's Return on Equity is forecast to be low in 3 years (-4.83%); analysts are not confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is SNOW forecast to generate an efficient return on assets?
Company
-3.93%
Industry
5.71%
SNOW is forecast to generate lower Return on Assets (-3.93%) than the US Software - Application industry average (5.71%)
Forecast

SNOW earnings per share forecast

What is SNOW's earnings per share in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
-$2.11+3.94%
Avg 2 year Forecast
-$1.75-13.79%
Avg 3 year Forecast
-$0.79-61.08%

SNOW revenue forecast

What is SNOW's revenue in the next 3 years based on estimates from 10 analysts?
Avg 1 year Forecast
$1.2B+17.68%
Avg 2 year Forecast
$2.0B+94.05%
Avg 3 year Forecast
$3.1B+203.04%
SNOW's revenue is forecast to grow at an exceptional rate of 42.71% per year
Forecast

SNOW revenue growth forecast

How is SNOW forecast to perform vs Software - Application companies and vs the US market?
Company
42.71%
Industry
16.83%
Market
10.03%
SNOW's revenues are forecast to grow faster (42.71% per year) than the US Software - Application industry average (16.83%)
Forecast
SNOW's revenues are forecast to grow faster (42.71% per year) than the US market average (10.03%)
Forecast

Snowflake Stock Forecast FAQ

Is Snowflake Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 19 Wall Street analysts covering (NYSE: SNOW) stock is to Buy SNOW stock.

Out of 19 analysts, 8 (42.11%) are recommending SNOW as a Strong Buy, 4 (21.05%) are recommending SNOW as a Buy, 7 (36.84%) are recommending SNOW as a Hold, 0 (0%) are recommending SNOW as a Sell, and 0 (0%) are recommending SNOW as a Strong Sell.

What is SNOW's earnings growth forecast for 2022-2024?

(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 4.3%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 14.37%.

Snowflake's earnings in 2021 is -$746,730,000.On average, 2 Wall Street analysts forecast SNOW's earnings for 2022 to be $-646,293,000, with the lowest SNOW earnings forecast at $-833,136,000, and the highest SNOW earnings forecast at $-456,387,000. On average, 2 Wall Street analysts forecast SNOW's earnings for 2023 to be $-536,025,000, with the lowest SNOW earnings forecast at $-793,317,000, and the highest SNOW earnings forecast at $-275,670,000.

In 2024, SNOW is forecast to generate $-241,977,000 in earnings, with the lowest earnings forecast at $-241,977,000 and the highest earnings forecast at $-241,977,000.

What is SNOW's revenue growth forecast for 2022-2024?

(NYSE: SNOW) Snowflake's forecast annual revenue growth rate of 42.71% is forecast to beat the US Software - Application industry's average forecast revenue growth rate of 16.83%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 10.03%.

Snowflake's revenue in 2021 is $1,026,018,000.On average, 10 Wall Street analysts forecast SNOW's revenue for 2022 to be $369,832,439,700, with the lowest SNOW revenue forecast at $368,141,970,000, and the highest SNOW revenue forecast at $371,535,774,000. On average, 9 Wall Street analysts forecast SNOW's revenue for 2023 to be $609,843,300,000, with the lowest SNOW revenue forecast at $573,638,640,000, and the highest SNOW revenue forecast at $657,420,879,000.

In 2024, SNOW is forecast to generate $952,348,266,300 in revenue, with the lowest revenue forecast at $932,553,322,500 and the highest revenue forecast at $965,956,869,000.

What is SNOW's forecast return on assets (ROA) for 2022-2024?

(NYSE: SNOW) forecast ROA is -3.93%, which is lower than the forecast US Software - Application industry average of 5.71%.

What is SNOW's Price Target?

According to 19 Wall Street analysts that have issued a 1 year SNOW price target, the average SNOW price target is $334.90, with the highest SNOW stock price forecast at $465.00 and the lowest SNOW stock price forecast at $235.00.

On average, Wall Street analysts predict that Snowflake's share price could stay at $334.90 by Dec 6, 2022. The average Snowflake stock price prediction forecasts a potential downside of N/A from the current SNOW share price of $341.66.

What is SNOW's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: SNOW) Snowflake's current Earnings Per Share (EPS) is -$2.03. On average, analysts forecast that SNOW's EPS will be $-2.11 for 2022, with the lowest EPS forecast at $-2.72, and the highest EPS forecast at $-1.49. On average, analysts forecast that SNOW's EPS will be $-1.75 for 2023, with the lowest EPS forecast at $-2.59, and the highest EPS forecast at $-0.90. In 2024, SNOW's EPS is forecast to hit $-0.79 (min: $-0.79, max: $-0.79).

What is SNOW's forecast return on equity (ROE) for 2022-2024?

(NYSE: SNOW) forecast ROE is -4.83%, which is considered weak.
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