Snowflake Inc. (NYSE: SNOW) Sees Upward Price Targ…
From Financial Modeling Prep: 2025-05-21 20:00:00
The consensus price target for Snowflake Inc. (NYSE: SNOW) has increased over the past year, reflecting growing optimism about its future performance. Analysts expect earnings per share of $0.21 and revenue of $1.01 billion for the upcoming quarter. Despite challenges like a decelerating growth rate, positive sentiment around Snowflake’s stock remains strong, with analysts revising price targets upwards.
Snowflake Inc. (NYSE: SNOW) is a cloud-based data platform provider offering the Data Cloud service for better insights and development. The consensus price target for Snowflake has risen over the past year, reaching $207.75 last month. Analysts anticipate earnings per share of $0.21 and revenue of $1.01 billion for the upcoming quarter, with optimism surrounding Snowflake’s future performance.
Analysts are increasingly bullish on Snowflake’s prospects, setting a price target of $300 per share. Despite market pressure, Snowflake remains a focus for investors, with Jefferies, Goldman Sachs, and Evercore ISI predicting strong results. Challenges include a decelerating growth rate and declining net revenue retention, but positive sentiment around Snowflake’s stock persists.
Snowflake faces challenges with a decelerating growth rate and declining net revenue retention, but analysts remain optimistic, with price targets increasing. Despite a consumption-based revenue model under pressure, Snowflake’s innovative platform offerings and presence in the AI sector drive confidence. The anticipation of its earnings report and positive sentiment indicate strong potential for Snowflake’s future.
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