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

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Analyst price target for SNOW

Based on 30 analysts offering 12 month price targets for Snowflake Inc.
Min Forecast
$120.00-29.4%
Avg Forecast
$220.80+29.91%
Max Forecast
$415.00+144.18%

Should I buy or sell SNOW stock?

Based on 32 analysts offering ratings for Snowflake Inc.
Buy
Strong Buy
15 analysts 46.88%
Buy
10 analysts 31.25%
Hold
6 analysts 18.75%
Sell
0 analysts 0%
Strong Sell
1 analysts 3.13%

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SNOW stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Moffett Nathanson
Bottom 1%
1
Strong BuyInitiates Coverage On$242.00+42.39%2022-09-22
Needham
Bottom 7%
7
BuyInitiates Coverage On$240.00+41.21%2022-09-16Find out why
Truist Securities
Top 12%
89
Strong BuyMaintains$225.00+32.38%2022-08-25Find out why
Deutsche Bank
Top 18%
83
Strong BuyMaintains$190.00+11.79%2022-08-25
Cowen & Co.
Top 12%
89
BuyMaintains$235.00+38.27%2022-08-25Find out why
Canaccord Genuity
Bottom 9%
9
Strong BuyMaintains$200.00+17.67%2022-08-25Find out why
Wolfe Research
Top 3%
98
BuyMaintains$197.00+15.91%2022-08-25Find out why
Baird
Top 2%
99
BuyMaintains$215.00+26.50%2022-08-25Find out why
JP Morgan
Top 40%
61
Strong BuyMaintains$210.00+23.56%2022-08-25Find out why
Mizuho
Bottom 4%
4
Strong BuyMaintains$225.00+32.38%2022-08-25Find out why

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Forecast return on equity

Is SNOW forecast to generate an efficient return?
Company
-8.55%
Industry
18.73%
Market
121.74%
SNOW's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is SNOW forecast to generate an efficient return on assets?
Company
-6.57%
Industry
4.82%
SNOW is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

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+24.27%
Avg 2 year Forecast
$3.1B+87.57%
Avg 3 year Forecast
$4.4B+169.81%
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
37.81%
Industry
16.66%
Market
8.59%
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$169.96$220.80+29.91%Buy
TEAM$210.59$327.33+55.44%Strong Buy
UBER$26.50$48.54+83.18%Strong Buy
CDNS$163.43$192.73+17.93%Buy
ADSK$186.80$261.11+39.78%Buy

Snowflake Stock Forecast FAQ

Is Snowflake Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 32 Wall Street analysts covering (NYSE: SNOW) stock is to Buy SNOW stock.

Out of 32 analysts, 15 (46.88%) are recommending SNOW as a Strong Buy, 10 (31.25%) are recommending SNOW as a Buy, 6 (18.75%) are recommending SNOW as a Hold, 0 (0%) are recommending SNOW as a Sell, and 1 (3.13%) 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 26.32%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 16.88%.

Snowflake's earnings in 2022 is -$675,609,000.On average, 3 Wall Street analysts forecast SNOW's earnings for 2023 to be -$672,000,000, with the lowest SNOW earnings forecast at -$694,400,000, and the highest SNOW earnings forecast at -$662,400,000. On average, 4 Wall Street analysts forecast SNOW's earnings for 2024 to be -$588,800,000, with the lowest SNOW earnings forecast at -$908,800,000, and the highest SNOW earnings forecast at -$320,000,000.

In 2025, SNOW is forecast to generate -$464,000,000 in earnings, with the lowest earnings forecast at -$464,000,000 and the highest earnings forecast at -$464,000,000.

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

(NYSE: SNOW) Snowflake's forecast annual revenue growth rate of 37.81% is forecast to beat the US Software - Application industry's average forecast revenue growth rate of 16.66%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 8.59%.

Snowflake's revenue in 2022 is $1,637,834,000.On average, 12 Wall Street analysts forecast SNOW's revenue for 2023 to be $651,315,840,000, with the lowest SNOW revenue forecast at $640,022,400,000, and the highest SNOW revenue forecast at $656,320,000,000. On average, 11 Wall Street analysts forecast SNOW's revenue for 2024 to be $983,059,520,000, with the lowest SNOW revenue forecast at $950,780,800,000, and the highest SNOW revenue forecast at $1,010,112,000,000.

In 2025, SNOW is forecast to generate $1,414,075,520,000 in revenue, with the lowest revenue forecast at $1,355,488,000,000 and the highest revenue forecast at $1,495,283,200,000.

What is SNOW's forecast return on assets (ROA) for 2023-2025?

(NYSE: SNOW) forecast ROA is -6.57%, which is lower than the forecast US Software - Application industry average of 4.82%.

What is SNOW's Price Target?

According to 30 Wall Street analysts that have issued a 1 year SNOW price target, the average SNOW price target is $220.80, with the highest SNOW stock price forecast at $415.00 and the lowest SNOW stock price forecast at $120.00.

On average, Wall Street analysts predict that Snowflake's share price could reach $220.80 by Sep 22, 2023. The average Snowflake stock price prediction forecasts a potential upside of 29.91% from the current SNOW share price of $169.96.

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

(NYSE: SNOW) Snowflake's current Earnings Per Share (EPS) is -$2.16. 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 2023-2025?

(NYSE: SNOW) forecast ROE is -8.55%, which is considered weak.
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