Snowflake (SNOW) Stock Forecast for 2024. Snow Prediction







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Snowflake Inc. (SNOW) Stock Forecast for 2024. Snow Shares Prediction

Updated: April 17, 2024 (06:39)

Sector: Technology

The share price of Snowflake Inc. (SNOW) now

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. How much will one Snowflake share be worth in 2024? Is it worth taking profit / loss on SNOW stock now or waiting? What are analysts' forecasts for Snowflake stock?

We forecast Snowflake stock performance using neural networks based on historical data on SNOW stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. This corporation stock prediction results are shown below and presented as a graph, table and text information.

Snowflake Inc. stock forecasts are adjusted once a day based on the closing price of the previous trading day.

The minimum target price for Snowflake analysts is $219.71. Today 200 Day Moving Average is the resistance level (173.99 $). 50 Day Moving Average is the resistance level (184.57 $).




Historical and forecast chart of Snowflake Inc. stock

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


Sell or Buy Snowflake (SNOW) stocks? Analytic Experts Forecasting...

We present you the most up-to-date and complete review of analytical trend forecasts and views on the SNOW stock market. Experts share their opinions on what to expect.

Snowflake (SNOW) Forecast 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 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

Snowflake price target for 2024 by month


Target values for the price of one Snowflake share for May 2024.

The weighted average target price per Snowflake share in May 2024 is: 156.34.
In May, the Positive dynamics for Snowflake Inc. shares will prevail with possible monthly volatility of 6.898% volatility is expected.
Pessimistic target level: 151.93
Optimistic target level: 163.19

Target values for the price of one Snowflake share for Jun 2024.

The weighted average target price per Snowflake share in Jun 2024 is: 156.81.
In Jun, the Positive dynamics for Snowflake Inc. shares will prevail with possible monthly volatility of 5.711% volatility is expected.
Pessimistic target level: 150.70
Optimistic target level: 159.82

Target values for the price of one Snowflake share for Jul 2024.

The weighted average target price per Snowflake share in Jul 2024 is: 158.32.
In Jul, the Positive dynamics for Snowflake Inc. shares will prevail with possible monthly volatility of 6.825% volatility is expected.
Pessimistic target level: 154.33
Optimistic target level: 165.63

Target values for the price of one Snowflake share for Aug 2024.

The weighted average target price per Snowflake share in Aug 2024 is: 150.53.
In Aug, the Negative dynamics for Snowflake Inc. shares will prevail with possible monthly volatility of 5.133% volatility is expected.
Pessimistic target level: 145.20
Optimistic target level: 153.06

Target values for the price of one Snowflake share for Sep 2024.

The weighted average target price per Snowflake share in Sep 2024 is: 146.73.
In Sep, the Negative dynamics for Snowflake Inc. shares will prevail with possible monthly volatility of 5.203% volatility is expected.
Pessimistic target level: 142.77
Optimistic target level: 150.61

Target values for the price of one Snowflake share for Oct 2024.

The weighted average target price per Snowflake share in Oct 2024 is: 150.87.
In Oct, the Positive dynamics for Snowflake Inc. shares will prevail with possible monthly volatility of 5.268% volatility is expected.
Pessimistic target level: 144.90
Optimistic target level: 152.95

Target values for the price of one Snowflake share for Nov 2024.

The weighted average target price per Snowflake share in Nov 2024 is: 150.51.
In Nov, the Negative dynamics for Snowflake Inc. shares will prevail with possible monthly volatility of 6.924% volatility is expected.
Pessimistic target level: 144.46
Optimistic target level: 155.21

Target values for the price of one Snowflake share for Dec 2024.

The weighted average target price per Snowflake share in Dec 2024 is: 147.98.
In Dec, the Negative dynamics for Snowflake Inc. shares will prevail with possible monthly volatility of 8.268% volatility is expected.
Pessimistic target level: 140.88
Optimistic target level: 153.58



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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.