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: April 18, 2024 (06:39)

Sector: Technology

The share price of Snowflake Inc. (SNOW) now

Latest session on the 17th of April for
Snowflake Inc. is negative
Trading Volume: 3767066
Open: 151.04 /  High: 152.44 /  Low: 148.77
What analysts predict: $219.71
52-week High/Low: $237.72 / $135.26

50/200 Day Moving Average: $184.57 / $173.99

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.

Unlocking the Future: Predicting Snowflake's Stock Movements

Trend: Bullish
Apr 05, 2024

Forecasting the trajectory of Snowflake's stock (SNOW) is a multifaceted endeavor, influenced heavily by a blend of internal strategies and market competition. Notably, the forthcoming changes in revenue growth and guidance, alongside the impact of a CEO transition and leadership change, stand as pivotal forces that could sway the stock's direction. Additionally, Snowflake's endeavor to innovate with new products like Cortex could redefine its market stance, powering an upward momentum in stock rates.

Key Factors to Watch in SNOW's Stock Forecast

Analysts aiming to draft a meticulous SNOW stock forecast or pondering over buy or sell Snowflake stock decisions must scrutinize these developments diligently. Monitoring the company's response to competition from Databricks and other cloud vendors can also offer clues about Snowflake's resilience and adaptability within the cloud data platform sector. Moreover, a deep dive into the company's business model and financial performance metrics, like free cash flow margin and non-GAAP operating margin, could provide a comprehensive base for making the most accurate predictions on the SNOW stock price prediction and SNOW stock price target.

Ultimately, investors seeking to discern whether SNOW is a good stock to buy must align their strategies with these evolving dynamics, thus leveraging a holistic view of the company's adaptive strategies and market challenges. With a careful consideration of these factors, an insightful Snowflake stock forecast can be crafted, guiding stakeholders through the complexities of the investment landscape.

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Unlocking the Mysteries of Snowflake's Stock: A Prediction Dive

Trend: Neutral
Apr 04, 2024

As investors keenly eye the evolving landscape, the SNOW stock forecast hinges on a series of pivotal factors. With the demand environment for Snowflake showing softness, there hasn't been the explosive growth in generative AI that many anticipated. This could initially suggest a sluggish period ahead for SNOW stocks. However, for the astute observer, this signals an opportunity. Patience might just unveil a promising setup as Snowflake's business steadies and catches the AI tailwind.

Competitive Storms and Product Innovation: Navigating Through

Amid the battle royales with giants like Google, Azure, and AWS, Snowflake faces stiff competition that could affect its market share and the SNOW stock price target. Yet, it's Snowflake's focus on product innovation, especially in AI with its Streamlit and Snowpark ML Modeling API, that holds the key to transforming challenges into springboards for growth. These factors combined paint a complex picture for anyone attempting to predict whether SNOW is a good stock to buy.

For analysts, dissecting SNOW's financial health from revenue growth to operating expenses, and staying abreast of technological advances, is crucial. The intricacies of Snowflake's strategy to stay competitive, its drive towards AI enhancement, and market demand nuances, become invaluable in shaping an accurate SNOW stock price prediction. Although navigating these waters can be challenging, understanding these dynamics could illuminate whether to buy or sell Snowflake stock in the evolving cloud-data realm.

  • Demand Environment
  • Competition
  • Product Innovation
  • Financial Performance

By earmarking these key areas, analysts are better equipped to navigate the volatile seas of the SNOW stock forecast, making informed decisions on whether SNOW stock is a buy or sell.

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Unlocking the Future: Navigating SNOW Stock with Predictive Insight

Trend: Neutral
Apr 01, 2024

As we delve into the labyrinth of the stock market, the path of SNOW stock rates hangs in the balance, swayed by pivotal events and critical factors. Analysts and investors alike are on the edge of their seats, eager to decode the signals that will unfurl the future trajectory of Snowflake's stocks. A crescendo of anticipation builds around the potent combination of revenue growth, the new CEO's strategic vision, and the burgeoning market for AI and data management solutions.

The Catalysts Shaping SNOW Stock Forecasts

Leading the charge in the imminent metamorphosis of SNOW stock prices are a few key influencers. At the forefront is the massive market opportunity that taps into the veins of digitization, AI adaptation, and cloud migration—elements that paint a lucrative landscape for Snowflake's unique multicloud data offering. Just as critical is the recent appointment of Sridhar Ramaswamy as CEO, whose expertise in AI and product innovation is anticipated to steer SNOW into untapped realms of growth and innovation.

Further complicating the equation are Snowflake's financial performance and competitive landscape. With the looming pressure to transition from red to black, coupled with the shadow of rivals like Databricks, these elements serve as a double-edged sword, poised to either propel SNOW to new heights or tether its ascent.

  • Market opportunity’s vast expanse
  • Strategic leadership under CEO Sridhar Ramaswamy
  • Revenue growth in the limelight
  • The pursuit of profitability
  • Rivalry and competition’s impact

In the realm of stock prediction, these factors forge the keys to unravelling the enigma of SNOW’s stock future. They embody the essence of analytical prowess, enabling the adept to navigate through the tumultuous waves of the stock market with informed predictions and strategic foresight. In this complex dance of numbers and trends, discerning the trajectory of Snowflake stock foretells a compelling narrative of investment strategies, where the line between risk and reward is finely drawn and the question of whether SNOW is a good stock to buy or sell remains ever-persistent.

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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., %
Apr 20 146.66 144.02 150.47 4.48
Apr 21 148.01 145.23 152.33 4.89
Apr 22 147.00 143.18 151.59 5.87
Apr 23 145.65 141.11 149.90 6.23
Apr 24 145.36 141.70 147.63 4.19
Apr 25 148.73 145.99 152.84 4.69
Apr 26 147.78 145.59 152.15 4.51
Apr 27 149.91 147.57 151.65 2.76
Apr 28 147.33 143.32 149.80 4.52
Apr 29 147.68 143.37 151.82 5.89
Apr 30 148.75 145.41 153.39 5.48
May 01 147.61 144.49 150.92 4.45
May 02 148.62 146.18 151.59 3.70
May 03 151.06 148.76 155.04 4.22
May 04 149.73 147.21 150.92 2.52
May 05 148.35 145.74 150.31 3.14
May 06 148.29 146.27 150.01 2.55
May 07 149.83 147.14 152.71 3.79
May 08 146.78 144.07 150.94 4.77
May 09 148.30 144.56 149.84 3.65
May 10 149.31 147.52 153.97 4.37
May 11 145.31 143.33 146.53 2.23
May 12 150.54 149.34 153.49 2.78
May 13 151.20 148.60 152.47 2.60
May 14 150.78 148.97 154.82 3.93
May 15 156.21 152.77 160.33 4.95
May 16 157.83 155.62 161.37 3.69
May 17 154.49 153.13 159.18 3.95
May 18 149.11 145.17 151.44 4.31
May 19 145.17 143.95 148.42 3.11

Snowflake Daily Price Targets


Snowflake Stock Forecast 04-20-2024.

Forecast target price for 04-20-2024: $146.66.
Negative dynamics for Snowflake shares will prevail with possible volatility of 4.289%.
Pessimistic target level: 144.02
Optimistic target level: 150.47

Snowflake Stock Forecast 04-21-2024.

Forecast target price for 04-21-2024: $148.01.
Positive dynamics for Snowflake shares will prevail with possible volatility of 4.664%.
Pessimistic target level: 145.23
Optimistic target level: 152.33

Snowflake Stock Forecast 04-22-2024.

Forecast target price for 04-22-2024: $147.00.
Negative dynamics for Snowflake shares will prevail with possible volatility of 5.547%.
Pessimistic target level: 143.18
Optimistic target level: 151.59

Snowflake Stock Forecast 04-23-2024.

Forecast target price for 04-23-2024: $145.65.
Negative dynamics for Snowflake shares will prevail with possible volatility of 5.869%.
Pessimistic target level: 141.11
Optimistic target level: 149.90

Snowflake Stock Forecast 04-24-2024.

Forecast target price for 04-24-2024: $145.36.
Negative dynamics for Snowflake shares will prevail with possible volatility of 4.018%.
Pessimistic target level: 141.70
Optimistic target level: 147.63

Snowflake Stock Forecast 04-25-2024.

Forecast target price for 04-25-2024: $148.73.
Positive dynamics for Snowflake shares will prevail with possible volatility of 4.476%.
Pessimistic target level: 145.99
Optimistic target level: 152.84

SNOW (SNOW) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
May. 156.34 151.93 163.19 6.90
Jun. 156.81 150.70 159.82 5.71
Jul. 158.32 154.33 165.63 6.82
Aug. 150.53 145.20 153.06 5.13
Sep. 146.73 142.77 150.61 5.20
Oct. 150.87 144.90 152.95 5.27
Nov. 150.51 144.46 155.21 6.92
Dec. 147.98 140.88 153.58 8.27

Snowflake forecast for this year


Snowflake Stock Prediction for May 2024

An uptrend is forecast for this month with an optimal target price of $156.342. Pessimistic: $151.93. Optimistic: $163.19


Snowflake Stock Prediction for Jun 2024

An uptrend is forecast for this month with an optimal target price of $156.811. Pessimistic: $150.70. Optimistic: $159.82


Snowflake Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $158.316. Pessimistic: $154.33. Optimistic: $165.63


Snowflake Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $150.527. Pessimistic: $145.20. Optimistic: $153.06


Snowflake Stock Prediction for Sep 2024

An downtrend is forecast for this month with an optimal target price of $146.734. Pessimistic: $142.77. Optimistic: $150.61


Snowflake Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $150.872. Pessimistic: $144.90. Optimistic: $152.95


Snowflake Stock Prediction for Nov 2024

An downtrend is forecast for this month with an optimal target price of $150.51. Pessimistic: $144.46. Optimistic: $155.21


Snowflake Stock Prediction for Dec 2024

An downtrend is forecast for this month with an optimal target price of $147.981. Pessimistic: $140.88. Optimistic: $153.58



Snowflake (SNOW) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 147.45 144.88 150.37 3.65
Feb 153.02 148.89 156.79 5.04
Mar 146.78 142.64 150.30 5.10
Apr 149.33 142.88 153.63 7.00
May 155.43 149.27 162.89 8.36
Jun 152.54 146.95 159.40 7.81
Jul 150.70 144.65 157.12 7.94
Aug 156.04 152.11 161.00 5.52
Sep 154.92 147.85 158.91 6.96
Oct 156.78 149.81 162.70 7.92
Nov 165.99 163.50 169.28 3.41
Dec 156.33 150.70 163.56 7.86

Snowflake (SNOW) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 155.21 150.27 159.12 5.56
Feb 156.60 150.03 161.40 7.04
Mar 148.05 142.81 151.87 5.97
Apr 151.34 147.98 157.88 6.27
May 154.70 150.24 160.55 6.42
Jun 153.21 149.91 157.26 4.68
Jul 154.41 150.61 160.52 6.18
Aug 145.52 143.16 148.83 3.81
Sep 136.78 132.44 140.97 6.05
Oct 137.61 133.97 142.56 6.02
Nov 134.30 132.05 140.19 5.81
Dec 133.09 129.98 136.45 4.74

Snowflake (SNOW) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 134.21 129.94 139.69 6.98
Feb 132.68 131.09 135.71 3.40
Mar 135.39 129.70 138.56 6.39
Apr 137.99 132.52 139.64 5.10
May 141.63 137.89 143.50 3.91
Jun 148.51 144.86 154.22 6.07
Jul 153.95 146.56 157.65 7.03
Aug 147.02 144.38 150.82 4.27
Sep 149.58 143.03 154.61 7.49
Oct 147.43 144.60 152.38 5.11
Nov 151.58 146.40 154.13 5.02
Dec 159.86 154.87 166.86 7.18

Snowflake (SNOW) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 160.63 157.74 165.74 4.83
Feb 170.27 164.03 174.45 5.97
Mar 174.56 168.17 178.64 5.86
Apr 174.24 166.40 177.80 6.41
May 170.48 162.81 173.24 6.02
Jun 180.30 175.86 183.98 4.41
Jul 187.22 181.60 195.08 6.91
Aug 177.67 174.37 181.72 4.05
Sep 181.40 177.16 188.15 5.84
Oct 184.13 177.61 191.64 7.32
Nov 183.35 176.97 185.55 4.62
Dec 183.46 178.84 190.84 6.29

Snowflake information and performance

Snowflake Address

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

Market Capitalization: 50 791 715 000 $

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: -993 870 016 $

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: -2.55

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: 0.315
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: 334200000

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.