Key Takeaways:
- Snowflake (SNOW, Financial) receives a pivotal Impact Level 5 Provisional Authorization from the Department of Defense.
- Analysts predict a substantial upside of 46% from the current stock price, with an average target price of $211.64.
- GuruFocus sees a long-term potential upside of 128.32%, estimating a future value of $330.97 per share.
Snowflake Inc. (SNOW) has achieved a significant milestone by attaining Impact Level 5 Provisional Authorization from the Department of Defense. This authorization enables Snowflake to offer high-security solutions tailored for Controlled Unclassified Information, thereby broadening their support for military and governmental operations through advanced data analytics and AI-driven insights.
Wall Street Analysts Forecast
Currently, 41 analysts have set a one-year price target for Snowflake Inc. (SNOW, Financial), with an average target price of $211.64. Estimates range from a high of $440.00 to a low of $115.00. This average target suggests a notable 46.00% upside from the current share price of $144.96. To explore more detailed estimates, visit the Snowflake Inc (SNOW) Forecast page.
The consensus report from 47 brokerage firms recommends an "Outperform" status for Snowflake Inc. (SNOW, Financial), reflected by an average brokerage recommendation of 2.0 on a 1 to 5 scale. Here, 1 represents a Strong Buy and 5 indicates a Sell.
According to GuruFocus estimates, Snowflake Inc (SNOW, Financial) has a forecasted GF Value of $330.97 over the next year. This valuation presents an appealing 128.32% upside from the current stock price of $144.96. The GF Value represents GuruFocus' fair value assessment, derived from historical trading multiples, past business growth, and projected future performance. For further information, please visit the Snowflake Inc (SNOW) Summary page.
