Snowflake (NYSE:SNOW) Given New $250.00 Price Target at Deutsche Bank Aktiengesellschaft

Snowflake (NYSE:SNOW) had its target price hoisted by Deutsche Bank Aktiengesellschaft from $230.00 to $250.00 in a research report released on Thursday morning,MarketScreener reports. They currently have a buy rating on the stock.

SNOW has been the topic of a number of other reports. Scotiabank reiterated an “outperform” rating on shares of Snowflake in a research note on Thursday. Monness Crespi & Hardt lifted their target price on Snowflake from $282.00 to $320.00 and gave the stock a “buy” rating in a research note on Thursday. Morgan Stanley lifted their target price on Snowflake from $245.00 to $300.00 and gave the stock an “overweight” rating in a research note on Thursday. JPMorgan Chase & Co. lifted their target price on Snowflake from $245.00 to $285.00 and gave the stock an “overweight” rating in a research note on Thursday. Finally, Wedbush lifted their target price on Snowflake from $270.00 to $280.00 and gave the stock an “outperform” rating in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Snowflake presently has an average rating of “Moderate Buy” and an average target price of $284.38.

Snowflake Stock Up 5.2%

SNOW traded up $12.38 during mid-day trading on Thursday, reaching $251.58. 13,247,702 shares of the stock were exchanged, compared to its average volume of 7,232,659. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.30 and a current ratio of 1.30. The stock has a market capitalization of $86.97 billion, a PE ratio of -71.61 and a beta of 1.08. The company has a 50 day moving average price of $155.03 and a two-hundred day moving average price of $190.49. Snowflake has a 1 year low of $118.30 and a 1 year high of $280.67.

Snowflake (NYSE:SNOW) last released its earnings results on Wednesday, May 27th. The company reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.07. The company had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.32 billion. Snowflake had a negative return on equity of 49.29% and a negative net margin of 23.79%.The business’s revenue for the quarter was up 33.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.24 EPS. As a group, research analysts anticipate that Snowflake will post -2.16 EPS for the current year.

Insiders Place Their Bets

In related news, Director Frank Slootman sold 55,350 shares of the business’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $176.52, for a total value of $9,770,382.00. Following the sale, the director directly owned 38,046 shares in the company, valued at approximately $6,715,879.92. The trade was a 59.26% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Emily Ho sold 2,141 shares of the business’s stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of $173.97, for a total value of $372,469.77. Following the completion of the sale, the chief accounting officer owned 44,553 shares in the company, valued at $7,750,885.41. This represents a 4.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 484,313 shares of company stock worth $81,766,598 in the last ninety days. 4.80% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Snowflake

Hedge funds and other institutional investors have recently modified their holdings of the stock. Kemnay Advisory Services Inc. bought a new stake in shares of Snowflake during the fourth quarter valued at about $28,000. Greenline Wealth Management LLC bought a new stake in shares of Snowflake during the fourth quarter valued at about $29,000. GoalVest Advisory LLC increased its position in shares of Snowflake by 221.4% during the fourth quarter. GoalVest Advisory LLC now owns 135 shares of the company’s stock valued at $30,000 after buying an additional 93 shares during the period. Physician Wealth Advisors Inc. increased its position in shares of Snowflake by 56.0% during the fourth quarter. Physician Wealth Advisors Inc. now owns 142 shares of the company’s stock valued at $31,000 after buying an additional 51 shares during the period. Finally, Emerald Advisers LLC increased its position in shares of Snowflake by 95.2% during the first quarter. Emerald Advisers LLC now owns 205 shares of the company’s stock valued at $31,000 after buying an additional 100 shares during the period. 65.10% of the stock is currently owned by institutional investors.

More Snowflake News

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Snowflake delivered a strong Q1 earnings beat, with revenue and EPS both above Wall Street expectations and sales up 33.5% year over year. Article Title
• Positive Sentiment: The company raised full-year product revenue guidance, reflecting confidence in sustained demand for AI-driven cloud data services. Article Title
• Positive Sentiment: Snowflake announced a $6 billion AWS partnership tied to AI infrastructure, which investors view as a major growth catalyst and a sign it is central to the agentic AI trend. Article Title
• Positive Sentiment: Multiple analysts raised price targets after the earnings report, reinforcing the market’s view that Snowflake’s AI momentum could support further upside. Article Title
• Positive Sentiment: Snowflake said it plans to acquire Natoma, adding governance and identity tools for AI agents and broadening its enterprise AI platform. Article Title
• Neutral Sentiment: Director Frank Slootman disclosed a pre-planned sale of shares under a 10b5-1 trading plan; this is notable but does not appear to signal a change in fundamentals. Article Title
• Neutral Sentiment: Unusual call-option activity suggests traders are betting on more upside, but options flow alone doesn’t change the company’s operating outlook.

About Snowflake

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.