On May 19, 2025, analyst Blair Abernethy from Rosenblatt reaffirmed their 'Buy' rating for Snowflake (SNOW, Financial). This comes as part of a continued positive outlook on the company's performance and future potential.
The analyst maintained the price target for Snowflake (SNOW, Financial) at USD 205.00, which remains unchanged from the previous assessment. This reflects confidence in the current valuation and projected growth trajectory of the company's stock.
The reaffirmation of the 'Buy' rating indicates that Rosenblatt sees potential for Snowflake (SNOW, Financial) to perform well in the market, aligning with long-term investment strategies. Investors following Snowflake should note this continued endorsement and stable price target as part of their decision-making process.
Stay updated with further developments concerning Snowflake (SNOW, Financial) and its market activity as analysts and investors continue to monitor its progress.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 41 analysts, the average target price for Snowflake Inc (SNOW, Financial) is $205.35 with a high estimate of $440.00 and a low estimate of $115.00. The average target implies an upside of 12.16% from the current price of $183.08. More detailed estimate data can be found on the Snowflake Inc (SNOW) Forecast page.
Based on the consensus recommendation from 47 brokerage firms, Snowflake Inc's (SNOW, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Snowflake Inc (SNOW, Financial) in one year is $336.17, suggesting a upside of 83.62% from the current price of $183.08. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Snowflake Inc (SNOW) Summary page.