On June 4, 2025, analyst Karl Keirstead from UBS announced an upgrade for Snowflake (SNOW, Financial) from a "Neutral" rating to a "Buy" rating. This comes with a significant increase in the price target for the stock.
The new price target set by UBS for SNOW stands at $265.00, a substantial rise from the previous target of $210.00. This adjustment represents a 26.19% increase in the price target.
Snowflake (SNOW, Financial), known for its cloud-based data warehousing services, has been attracting attention in the market with this latest analyst move. Investors are likely to keep a close eye on the stock following this bullish perspective from UBS.
The upgrade and the increase in the price target by UBS highlight growing confidence in Snowflake's potential, which could influence trading activities and market sentiments surrounding SNOW.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 43 analysts, the average target price for Snowflake Inc (SNOW, Financial) is $224.72 with a high estimate of $440.00 and a low estimate of $150.00. The average target implies an upside of 7.44% from the current price of $209.15. More detailed estimate data can be found on the Snowflake Inc (SNOW) Forecast page.
Based on the consensus recommendation from 49 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 $319.43, suggesting a upside of 52.73% from the current price of $209.15. 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.
