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

Analyst price target for SNOW

Based on 29 analysts offering 12 month price targets for Snowflake Inc.
Min Forecast
$125.00-18.03%
Avg Forecast
$208.93+37%
Max Forecast
$246.00+61.31%

Should I buy or sell SNOW stock?

Based on 29 analysts offering ratings for Snowflake Inc.
Buy
Strong Buy
11 analysts 37.93%
Buy
10 analysts 34.48%
Hold
6 analysts 20.69%
Sell
0 analysts 0%
Strong Sell
2 analysts 6.9%

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SNOW stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-11
lockedlocked$00.00+00.00%2024-04-05
lockedlocked$00.00+00.00%2024-03-19Find Out Why
lockedlocked$00.00+00.00%2024-03-04Find Out Why
lockedlocked$00.00+00.00%2024-03-01Find Out Why
JMP Securities
Bottom 6%
6
BuyMaintains$235.00+54.10%2024-02-29Find out why
Evercore ISI Group
Top 18%
83
BuyMaintains$225.00+47.54%2024-02-29Find out why
Stifel Nicolaus
Top 9%
92
Strong BuyMaintains$220.00+44.26%2024-02-29Find out why
RBC Capital
Top 1%
100
BuyMaintains$246.00+61.31%2024-02-29Find out why
JP Morgan
Top 9%
92
Strong BuyMaintains$170.00+11.48%2024-02-29Find out why

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Forecast return on equity

Is SNOW forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.16%

Forecast return on assets

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

SNOW revenue forecast

What is SNOW's revenue in the next 3 years based on estimates from 14 analysts?
Avg 1 year Forecast
$3.4B+20.44%
Avg 2 year Forecast
$4.2B+48.19%
Avg 3 year Forecast
$5.2B+84.96%
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
21.92%
Industry
15.64%
Market
9.92%
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$152.50$208.93+37.00%Buy
TEAM$198.41$235.00+18.44%Buy
ADSK$216.40$289.69+33.87%Buy
ROP$540.41$595.29+10.15%Buy
DDOG$125.25$141.83+13.24%Strong Buy

Snowflake Stock Forecast FAQ

Is Snowflake Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 29 Wall Street analysts covering (NYSE: SNOW) stock is to Buy SNOW stock.

Out of 29 analysts, 11 (37.93%) are recommending SNOW as a Strong Buy, 10 (34.48%) are recommending SNOW as a Buy, 6 (20.69%) are recommending SNOW as a Hold, 0 (0%) are recommending SNOW as a Sell, and 2 (6.9%) 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 2025-2027?

(NYSE: SNOW) Snowflake's forecast annual revenue growth rate of 21.92% is forecast to beat the US Software - Application industry's average forecast revenue growth rate of 15.64%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.92%.

Snowflake's revenue in 2024 is $2,806,489,000.On average, 14 Wall Street analysts forecast SNOW's revenue for 2025 to be $1,129,623,404,400, with the lowest SNOW revenue forecast at $937,928,958,000, and the highest SNOW revenue forecast at $1,167,728,220,000. On average, 14 Wall Street analysts forecast SNOW's revenue for 2026 to be $1,389,930,781,800, with the lowest SNOW revenue forecast at $1,140,230,244,000, and the highest SNOW revenue forecast at $1,508,110,920,000.

In 2027, SNOW is forecast to generate $1,734,799,114,200 in revenue, with the lowest revenue forecast at $1,637,569,974,000 and the highest revenue forecast at $1,803,978,180,000.

What is SNOW's forecast return on assets (ROA) for 2025-2027?

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

What is SNOW's Price Target?

According to 29 Wall Street analysts that have issued a 1 year SNOW price target, the average SNOW price target is $208.93, with the highest SNOW stock price forecast at $246.00 and the lowest SNOW stock price forecast at $125.00.

On average, Wall Street analysts predict that Snowflake's share price could reach $208.93 by Apr 11, 2025. The average Snowflake stock price prediction forecasts a potential upside of 37% from the current SNOW share price of $152.50.

What is SNOW's forecast return on equity (ROE) for 2025-2027?

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