Sanford C. Bernstein Cuts Snowflake (NYSE:SNOW) Price Target to $195.00

Snowflake (NYSE:SNOW) had its target price lowered by equities research analysts at Sanford C. Bernstein from $237.00 to $195.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has a “market perform” rating on the stock. Sanford C. Bernstein’s price objective would indicate a potential upside of 16.05% from the stock’s current price.

A number of other research firms also recently weighed in on SNOW. DA Davidson cut their price objective on Snowflake from $300.00 to $250.00 and set a “buy” rating for the company in a report on Thursday. Oppenheimer reaffirmed a “buy” rating on shares of Snowflake in a research report on Thursday. Barclays lowered their price target on Snowflake from $204.00 to $192.00 and set an “equal weight” rating for the company in a research note on Thursday. Truist Financial decreased their target price on shares of Snowflake from $270.00 to $240.00 and set a “buy” rating for the company in a research report on Thursday. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Snowflake in a report on Wednesday, January 21st. Two analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, four have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $252.66.

Snowflake Stock Down 0.7%

Shares of SNOW traded down $1.18 during trading hours on Thursday, reaching $168.03. The company’s stock had a trading volume of 10,034,349 shares, compared to its average volume of 6,405,101. The company has a 50 day moving average of $201.01 and a two-hundred day moving average of $223.09. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 1.07. The firm has a market cap of $57.50 billion, a price-to-earnings ratio of -41.80 and a beta of 1.14. Snowflake has a 1-year low of $120.10 and a 1-year high of $280.67.

Snowflake (NYSE:SNOW) last announced its quarterly earnings data on Wednesday, February 25th. The company reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.05. Snowflake had a negative net margin of 30.76% and a negative return on equity of 45.91%. The firm had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.25 billion. During the same period in the previous year, the firm posted $0.30 earnings per share. The firm’s revenue was up 30.1% on a year-over-year basis. As a group, research analysts predict that Snowflake will post -2.36 EPS for the current fiscal year.

Insider Buying and Selling

In other Snowflake news, Director Michael L. Speiser sold 50,338 shares of Snowflake stock in a transaction on Friday, February 6th. The stock was sold at an average price of $165.22, for a total transaction of $8,316,844.36. Following the completion of the transaction, the director directly owned 31,076 shares of the company’s stock, valued at approximately $5,134,376.72. This trade represents a 61.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Christian Kleinerman sold 10,000 shares of Snowflake stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $197.09, for a total transaction of $1,970,900.00. Following the transaction, the executive vice president directly owned 461,351 shares of the company’s stock, valued at $90,927,668.59. This represents a 2.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 713,681 shares of company stock valued at $148,264,518 over the last ninety days. Company insiders own 6.80% of the company’s stock.

Hedge Funds Weigh In On Snowflake

A number of institutional investors and hedge funds have recently bought and sold shares of SNOW. Norges Bank acquired a new stake in shares of Snowflake in the fourth quarter valued at $974,091,000. Winslow Capital Management LLC acquired a new stake in Snowflake in the 2nd quarter valued at about $725,667,000. Jennison Associates LLC increased its position in Snowflake by 27.7% in the 4th quarter. Jennison Associates LLC now owns 11,603,302 shares of the company’s stock valued at $2,545,300,000 after acquiring an additional 2,519,413 shares in the last quarter. Coatue Management LLC bought a new position in shares of Snowflake in the third quarter worth about $441,277,000. Finally, Jericho Capital Asset Management L.P. acquired a new position in shares of Snowflake during the fourth quarter worth approximately $345,619,000. Institutional investors and hedge funds own 65.10% of the company’s stock.

Key Stories Impacting Snowflake

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Q4 results beat and AI momentum — Snowflake reported Q4 revenue of $1.28B (≈+30% YoY) and $0.32 EPS, topping estimates; management said AI adoption is boosting demand, driving upside vs. Street forecasts and supporting the rally. Snowflake shares rise on AI-driven growth outlook
• Positive Sentiment: Strong FY27 product-revenue outlook and large customer wins — Snowflake outlined ~27% product revenue growth guidance for FY27, cited expanding AI offerings and disclosed a large (reported $400M) contract, supporting forward revenue visibility. Snowflake outlines 27% product revenue growth outlook…
• Positive Sentiment: Backlog / RPO strength — Management highlighted a sizable remaining performance obligation / revenue backlog (reported as ~$7.88B by some outlets), which investors view as evidence of durable demand tied to AI initiatives. Snowflake Revenue Rises As AI Adoption Accelerates
• Neutral Sentiment: Mixed analyst reactions — Several firms reaffirmed or raised bullish ratings/targets (e.g., Monness Crespi, Rosenblatt), while others adjusted models; the split in Street opinion is producing both buy-case support and cautious commentary. Top Wall Street Forecasters Revamp Snowflake Expectations Ahead Of Q4
• Negative Sentiment: Analyst price-target cuts — Some firms trimmed targets (Barclays to $192; Piper Sandler, Truist and others adjusted targets downward) or moved to more cautious stances, which can cap near-term upside despite the beat. These Analysts Slash Their Forecasts On Snowflake After Q4 Results
• Negative Sentiment: Class-action/legal notices and deadline risk — Multiple law firms have filed or mailed investor notices about securities‑fraud claims (deadline April 27); litigation risk and associated headline risk are increasing investor caution. Faruqi & Faruqi investor notice

Snowflake Company Profile

Snowflake Inc is a cloud-native data platform company that provides a suite of services for storing, processing and analyzing large volumes of data. Its core offering, often described as the Snowflake Data Cloud, combines data warehousing, data lake and data sharing capabilities in a single managed service delivered across major public cloud providers. The platform is designed to support analytics, data engineering, data science and application workloads with a focus on scalability, concurrency and simplified administration.

Key products and capabilities include a multi-cluster, shared-data architecture that separates compute from storage; continuous data ingestion and streaming; support for structured and semi-structured data formats; tools for data governance, security and compliance; and developer frameworks for building data applications.