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

OverviewForecast
EarningsDividendOwnershipStatistics

Analyst price target for SNOW

Based on 24 analysts offering 12 month price targets for Snowflake Inc.
Min Forecast
$105.00-40.11%
Avg Forecast
$189.21+7.92%
Max Forecast
$220.00+25.48%

Should I buy or sell SNOW stock?

Based on 24 analysts offering ratings for Snowflake Inc.
Strong Buy
Strong Buy
12 analysts 50%
Buy
7 analysts 29.17%
Hold
4 analysts 16.67%
Sell
0 analysts 0%
Strong Sell
1 analysts 4.17%

Be the first to know when Wall Street analysts revise their SNOW stock forecasts and price targets.

SNOW stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2023-11-29
lockedlocked$00.00+00.00%2023-11-08
lockedlocked$00.00+00.00%2023-10-23
lockedlocked$00.00+00.00%2023-10-12
lockedlocked$00.00+00.00%2023-10-03
HSBC
Bottom 28%
28
Strong BuyInitiates Coverage On$201.00+14.65%2023-09-15
DA Davidson
Top 11%
90
Strong BuyInitiates Coverage On$200.00+14.08%2023-09-08
Needham
Top 4%
97
BuyReiterates$216.00+23.20%2023-09-05
Rosenblatt
Top 3%
98
HoldReiterates$170.00-3.03%2023-08-25
Wedbush
Top 16%
85
HoldReiterates$144.00-17.86%2023-08-24

1 of 3

Forecast return on equity

Is SNOW forecast to generate an efficient return?
Company
N/A
Industry
0.5%
Market
30.07%

Forecast return on assets

Is SNOW forecast to generate an efficient return on assets?
Company
N/A
Industry
0.32%

SNOW revenue forecast

What is SNOW's revenue in the next 3 years based on estimates from 13 analysts?
Avg 1 year Forecast
$2.7B+12.36%
Avg 2 year Forecast
$3.6B+46.11%
Avg 3 year Forecast
$4.6B+89.75%
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
22.98%
Industry
11.98%
Market
7.54%
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$175.32$189.21+7.92%Strong Buy
ROP$525.83$548.70+4.35%Strong Buy
TEAM$195.55$208.85+6.80%Buy
WDAY$263.49$270.28+2.58%Buy
ADSK$213.85$232.79+8.85%Buy
View Top App Stocks

Snowflake Stock Forecast FAQ

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

The consensus among 24 Wall Street analysts covering (NYSE: SNOW) stock is to Strong Buy SNOW stock.

Out of 24 analysts, 12 (50%) are recommending SNOW as a Strong Buy, 7 (29.17%) are recommending SNOW as a Buy, 4 (16.67%) are recommending SNOW as a Hold, 0 (0%) are recommending SNOW as a Sell, and 1 (4.17%) 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 revenue growth forecast for 2024-2026?

(NYSE: SNOW) Snowflake's forecast annual revenue growth rate of 22.98% is forecast to beat the US Software - Application industry's average forecast revenue growth rate of 11.98%, and it is also forecast to beat the US market's average forecast revenue growth rate of 7.54%.

Snowflake's revenue in 2023 is $2,443,657,000.On average, 13 Wall Street analysts forecast SNOW's revenue for 2024 to be $905,269,818,600, with the lowest SNOW revenue forecast at $901,709,718,000, and the highest SNOW revenue forecast at $907,466,280,000. On average, 12 Wall Street analysts forecast SNOW's revenue for 2025 to be $1,177,156,593,900, with the lowest SNOW revenue forecast at $1,121,771,280,000, and the highest SNOW revenue forecast at $1,224,340,950,000.

In 2026, SNOW is forecast to generate $1,528,746,366,000 in revenue, with the lowest revenue forecast at $1,395,059,610,000 and the highest revenue forecast at $1,656,841,410,000.

What is SNOW's forecast return on assets (ROA) for 2024-2026?

(NYSE: SNOW) forecast ROA is N/A, which is lower than the forecast US Software - Application industry average of 0.32%.

What is SNOW's Price Target?

According to 24 Wall Street analysts that have issued a 1 year SNOW price target, the average SNOW price target is $189.21, with the highest SNOW stock price forecast at $220.00 and the lowest SNOW stock price forecast at $105.00.

On average, Wall Street analysts predict that Snowflake's share price could reach $189.21 by Nov 29, 2024. The average Snowflake stock price prediction forecasts a potential upside of 7.92% from the current SNOW share price of $175.32.

What is SNOW's forecast return on equity (ROE) for 2024-2026?

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