Snowflake (SNOW) Stock Forecast for 2024–2028. Sell or Buy Prediction







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Snowflake (SNOW) Stock Forecast for 2024–2028. Sell or Buy?

Updated: July 23, 2024 (07:32)

Sector: Technology

The share price of Snowflake Inc. (SNOW) now

Latest session on the 22nd of July for
Snowflake Inc. is positive
Trading Volume: 3802078
Open: 130.69 /  High: 132.65 /  Low: 129.62
What analysts predict: $194.28
52-week High/Low: $237.72 / $122.6

50/200 Day Moving Average: $141.12 / $167.8

This figure corresponds to the Average Price over the previous 50/200 days. For Snowflake stocks, the 50-day moving average is the resistance level today.

For Snowflake stocks, the 200-day moving average is the resistance level today.

Are you interested in Snowflake Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Snowflake stock price in 2024, 2025, 2026, 2027, 2028. How much will one Snowflake share be worth in 2024 - 2028?

When should I take profit in Snowflake stock? When should I record a loss on Snowflake stock? What are analysts' forecasts for Snowflake stock? What is the future of Snowflake stock? We forecast Snowflake stock performance using neural networks based on historical data on Snowflake stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

Snowflake stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Snowflake shares. This happens once a day.


Historical and forecast chart of Snowflake stock

The chart below shows the historical price of Snowflake stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Snowflake stock price can be found in the table below.

Long-term forecasts by years.

Trend: Neutral
Jul 22, 2024
### Snowflake's Stock Forecast: Navigating Growth Deceleration and Competitive Pressures

Forecasting the future of Snowflake's (SNOW) stock prices involves a complex interplay of several key factors. Decelerating revenue growth is the primary concern. Historically, Snowflake has enjoyed growth rates surpassing 30%, generating high valuations and investor enthusiasm. However, with current growth rates slowing, investors are re-evaluating their high expectations.

Key Influencing Factors

Further exacerbating the situation is the high valuation relative to free cash flow. Snowflake's valuation, standing at 36x forward free cash flow, seems unsustainable given the decelerating revenue growth. As more investors recognize the discrepancy, market corrections are likely, placing additional pressure on the SNOW stock price.

Moreover, the broader macroeconomic environment and shrinking IT budgets introduce another layer of uncertainty. As companies tighten spending, especially on data warehousing and analytics, Snowflake could face longer sales cycles and reduced spending, directly impacting its revenue.

Competitive pressures from other cloud data warehousing companies also pose a risk. Competitors offering similar technological solutions at lower prices could erode Snowflake's market share and margins.

Despite these challenges, Snowflake's robust balance sheet, with over $4.5 billion in cash reserves, provides a cushion for future investments and potential acquisitions, offering some financial stability.

  • Decelerating Revenue Growth
  • High Valuation Relative to Free Cash Flow
  • Macro Environment and IT Budget Constraints
  • Competitive Pressures
  • Strong Balance Sheet

A savvy analyst will weigh these factors carefully, noting the immediate risks posed by slowing growth and market competition. By monitoring these dynamics, analysts can offer accurate SNOW stock price predictions. While challenges loom, the company's financial resilience offers a silver lining in an otherwise daunting forecast.

For those considering whether SNOW stock is a good investment, these factors provide a comprehensive view of the potential risks and rewards. As the market adjusts to Snowflake's evolving landscape, close attention to both external and internal factors will be crucial for making informed investment decisions.

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Snowflake Stock Forecast: Key Factors and Future Predictions

Trend: Bullish
Jul 18, 2024

Forecasting the SNOW stock rate involves a nuanced understanding of several critical factors. The most influential of these in the near future includes Snowflake's ability to accelerate its revenue growth, particularly from generative AI applications. Investors are highly anticipating a significant boost in revenue from these advancements, making this the primary determinant of the SNOW stock forecast. If these expectations are met or exceeded, it will likely result in a positive upward trend for Snowflake's stock. On the contrary, failure to realize this growth may dampen investor confidence and lead to a drop in the stock price.

Key Influencing Factors for SNOW Stock Prices

Analysts can leverage the following factors to make accurate predictions about Snowflake's stock price changes:

  • Revenue Growth and Generative AI Expectations: Monitoring Snowflake's progress in AI-related revenue can provide critical insights into future stock movements.
  • Valuation Metrics: Despite trading at historical lows, Snowflake's price-to-sales ratio remains high. Analysts must assess whether the company's growth justifies this premium valuation.
  • Management’s Financial Guidance: By comparing the company's performance against its financial projections, analysts can gauge the reliability of Snowflake's forecasted growth targets.
  • Competitive Landscape: Keeping an eye on competitors like Databricks and their growth rates can offer a competitive analysis that helps in predicting Snowflake’s market positioning.
  • Macroeconomic Environment: Economic downturns can impact enterprise spending on data analytics, affecting Snowflake’s revenue and growth forecasts.

Considering all these factors allows an analyst to provide a more accurate SNOW stock price prediction. Understanding these dynamics is essential for making informed decisions on whether to buy or sell Snowflake stock.

For more in-depth insights and trends, keep revisiting expert analyses for updated Snowflake stock forecasts and projections. Review the original Analysis
About author

Snowflake Inc. Stock Forecast: Key Factors Shaping Future Valuations

Trend: Neutral
Jul 17, 2024

Snowflake Inc. (SNOW) has recently hit some notable lows, sparking debates over its future stock rates. Several key factors will significantly influence the company's stock trajectory in the near term.

Crucial Factors Affecting SNOW Stock Rates

Firstly, the revenue growth slowdown is a major concern. Snowflake's deceleration from an 80% CAGR since 2020 to an expected 24% in the upcoming periods sends worrying signals to investors. This consistent slowing in revenue growth can erode investor confidence, potentially leading to further declines in stock prices.

Another pivotal factor is the ongoing profitability concerns. Although there have been some improvements since 2021, Snowflake remains far from achieving GAAP profitability. Rising R&D expenses, especially for AI-driven initiatives and costly GPUs from Nvidia, exacerbate these concerns.

Moreover, competition from major cloud providers like Amazon’s AWS, Microsoft’s Azure, and Google Cloud Platform continues to threaten Snowflake’s market share. Their larger financial and resource pools could overshadow Snowflake's efforts, casting doubts on its competitive edge.

Additionally, skyrocketing stock-based compensation (SBC) is another critical issue. The escalation from $78 million in 2020 to $1.24 billion impacts operating margins and raises concerns about shareholder value dilution.

Lastly, despite recent market dips, Snowflake's stocks are still perceived as highly overvalued. The DCF model suggests a fair value of around $76 per share, which is significantly lower than current levels. Overvaluation, paired with other operational pressures, could trigger substantial stock price corrections.

Analysts can leverage these factors to develop accurate Snowflake stock price forecasts by closely monitoring revenue growth trends, profitability metrics, competitive dynamics, SBC levels, and valuation models. By integrating these elements, predictions on SNOW's stock movements will likely be more precise and insightful.

Review the original Analysis
About author

Snowflake, Inc. provides software for cloud storage. It provides SQL Data Warehouse, Zero Management, and broad ecosystem products. It offers data warehouse upgrades that accelerate analytics to enable developers and solutions to monitor and analyze the security of the federal government, financial services, healthcare, media and entertainment, retail and CPG, gaming, education, and technology industries. The company was founded by Marcin Zhukovsky, Thierry Croan and Benoit Dagueville in 2013 and is headquartered in San Mateo, California.

Snowflake daily forecast for a month

Date Target Pes. Opt. Vol., %
Jul 25 128.99 127.02 130.69 2.89
Jul 26 129.26 126.31 131.01 3.71
Jul 27 127.63 126.37 129.36 2.36
Jul 28 129.32 128.11 131.26 2.45
Jul 29 128.39 125.88 131.47 4.44
Jul 30 127.92 124.97 129.04 3.26
Jul 31 129.80 128.17 132.72 3.55
Aug 01 130.08 128.95 132.96 3.12
Aug 02 131.52 130.02 133.49 2.67
Aug 03 131.40 128.68 134.20 4.29
Aug 04 131.95 129.30 132.94 2.82
Aug 05 131.00 129.94 133.36 2.63
Aug 06 130.77 129.94 133.24 2.54
Aug 07 129.91 128.03 132.32 3.35
Aug 08 130.80 129.23 133.86 3.58
Aug 09 131.51 130.28 132.97 2.06
Aug 10 130.13 128.80 131.77 2.30
Aug 11 130.17 127.78 131.14 2.63
Aug 12 130.67 128.24 133.61 4.19
Aug 13 126.99 125.46 129.08 2.88
Aug 14 125.92 123.24 127.66 3.59
Aug 15 124.83 122.77 126.21 2.81
Aug 16 126.62 125.48 127.84 1.88
Aug 17 128.79 125.93 131.53 4.45
Aug 18 128.44 125.55 129.75 3.35
Aug 19 128.87 126.00 130.33 3.44
Aug 20 130.03 128.23 132.13 3.04
Aug 21 128.35 126.54 129.77 2.56
Aug 22 124.69 122.82 126.86 3.29
Aug 23 123.94 122.75 124.95 1.79

Snowflake Daily Price Targets


Snowflake Stock Forecast 07-25-2024.

Forecast target price for 07-25-2024: $128.99.
Negative dynamics for Snowflake shares will prevail with possible volatility of 2.813%.
Pessimistic target level: 127.02
Optimistic target level: 130.69

Snowflake Stock Forecast 07-26-2024.

Forecast target price for 07-26-2024: $129.26.
Positive dynamics for Snowflake shares will prevail with possible volatility of 3.582%.
Pessimistic target level: 126.31
Optimistic target level: 131.01

Snowflake Stock Forecast 07-27-2024.

Forecast target price for 07-27-2024: $127.63.
Negative dynamics for Snowflake shares will prevail with possible volatility of 2.309%.
Pessimistic target level: 126.37
Optimistic target level: 129.36

Snowflake Stock Forecast 07-28-2024.

Forecast target price for 07-28-2024: $129.32.
Positive dynamics for Snowflake shares will prevail with possible volatility of 2.394%.
Pessimistic target level: 128.11
Optimistic target level: 131.26

Snowflake Stock Forecast 07-29-2024.

Forecast target price for 07-29-2024: $128.39.
Negative dynamics for Snowflake shares will prevail with possible volatility of 4.248%.
Pessimistic target level: 125.88
Optimistic target level: 131.47

Snowflake Stock Forecast 07-30-2024.

Forecast target price for 07-30-2024: $127.92.
Negative dynamics for Snowflake shares will prevail with possible volatility of 3.153%.
Pessimistic target level: 124.97
Optimistic target level: 129.04

SNOW (SNOW) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Aug. 132.30 125.45 138.23 9.25
Sep. 127.77 123.29 130.72 5.68
Oct. 131.34 126.01 135.30 6.86
Nov. 124.45 117.83 127.58 7.65
Dec. 121.14 118.09 125.55 5.94

Snowflake forecast for this year


Snowflake Stock Prediction for Aug 2024

An uptrend is forecast for this month with an optimal target price of $132.304. Pessimistic: $125.45. Optimistic: $138.23


Snowflake Stock Prediction for Sep 2024

An downtrend is forecast for this month with an optimal target price of $127.766. Pessimistic: $123.29. Optimistic: $130.72


Snowflake Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $131.344. Pessimistic: $126.01. Optimistic: $135.30


Snowflake Stock Prediction for Nov 2024

An downtrend is forecast for this month with an optimal target price of $124.448. Pessimistic: $117.83. Optimistic: $127.58


Snowflake Stock Prediction for Dec 2024

An downtrend is forecast for this month with an optimal target price of $121.138. Pessimistic: $118.09. Optimistic: $125.55



Snowflake (SNOW) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 122.24 116.51 124.81 6.65
Feb 130.03 125.29 136.85 8.45
Mar 127.57 125.69 134.09 6.26
Apr 125.61 120.33 128.33 6.23
May 126.40 124.54 130.20 4.35
Jun 118.08 112.96 122.87 8.07
Jul 120.15 114.93 124.69 7.82
Aug 124.10 122.27 126.44 3.30
Sep 119.93 115.73 122.62 5.61
Oct 117.24 114.53 120.44 4.91
Nov 122.33 118.48 124.13 4.55
Dec 125.07 121.31 129.27 6.16

Snowflake (SNOW) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 131.64 124.63 135.88 8.27
Feb 131.45 127.50 134.03 4.87
Mar 130.26 123.69 133.08 7.06
Apr 124.06 117.20 127.44 8.04
May 123.36 119.13 128.11 7.01
Jun 126.64 121.24 130.28 6.94
Jul 127.35 120.49 130.38 7.59
Aug 125.39 121.00 129.34 6.45
Sep 126.62 124.58 131.14 5.00
Oct 134.86 129.67 138.17 6.15
Nov 126.46 124.34 129.56 4.03
Dec 120.88 114.11 124.61 8.42

Snowflake (SNOW) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 124.61 118.33 130.19 9.11
Feb 120.07 115.95 124.02 6.51
Mar 121.00 116.68 123.54 5.55
Apr 128.03 123.19 133.58 7.78
May 125.61 122.71 130.27 5.80
Jun 125.87 122.96 130.98 6.12
Jul 129.48 124.32 133.83 7.11
Aug 134.01 131.39 140.11 6.23
Sep 136.92 134.43 139.89 3.91
Oct 144.21 137.85 149.36 7.71
Nov 144.01 135.94 148.54 8.48
Dec 137.45 133.60 144.86 7.77

Snowflake (SNOW) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 139.57 134.20 145.14 7.54
Feb 137.03 132.81 143.94 7.73
Mar 142.11 134.35 145.60 7.72
Apr 149.18 143.22 152.94 6.35
May 145.00 141.75 149.06 4.90
Jun 145.91 141.62 151.63 6.60
Jul 153.98 151.61 157.00 3.43
Aug 152.04 147.57 154.70 4.61
Sep 161.51 158.91 168.98 5.95
Oct 168.64 160.73 175.25 8.29
Nov 161.67 154.77 170.39 9.17
Dec 165.86 162.49 172.48 5.79

Snowflake information and performance

Snowflake Address

106 EAST BABCOCK STREET, SUITE 3A, BOZEMAN, MT, US

Market Capitalization: 43 473 134 000 $

Market capitalization of the Snowflake Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of SNOW shares in the company outstanding by the market price of one share.

EBITDA: -1 066 646 016 $

EBITDA of Snowflake is earnings before interest, income tax and depreciation of assets.

PE Ratio: None

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 3.064

Price/earnings to growth

DPS: None

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: None

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: -2.8

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: N/A
Quarterly Revenue Growth YOY: 0.329
Trailing PE: -

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 212.77

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 17.61

Enterprise Value (EV) /Revenue

EV To EBITDA: -50.71

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 334795000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A



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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.