In the latest stock market developments, JMP Securities has reaffirmed its positive outlook on Snowflake (SNOW, Financial). The renowned analyst, Joe Goodwin, has maintained the 'Market Outperform' rating for the company. This decision reflects continued confidence in Snowflake's market potential and long-term growth strategy.
Moreover, JMP Securities has raised its price target for Snowflake (SNOW, Financial) from USD 245.00 to USD 260.00. This adjustment signifies a 6.12% increase from the previous target, indicating optimism about the company's future performance in the technology sector.
The changes were reported on July 18, 2025, and continue to bolster the company's standing among investors who monitor analyst ratings for guidance. Snowflake's (SNOW, Financial) consistent performance and strategic initiatives remain pivotal to its robust market position, as highlighted by this recent update from JMP Securities.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 44 analysts, the average target price for Snowflake Inc (SNOW, Financial) is $232.36 with a high estimate of $440.00 and a low estimate of $150.00. The average target implies an upside of 9.82% from the current price of $211.58. More detailed estimate data can be found on the Snowflake Inc (SNOW) Forecast page.
Based on the consensus recommendation from 50 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 $321.85, suggesting a upside of 52.12% from the current price of $211.58. 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.
