Shares of Snowflake have traded slightly lower over the past month, reflecting investor caution on tech valuations amid mixed enterprise spending signals. An AI price-prediction agent powered by OpenAI’s GPT ran Snowflake through a model, projecting an average price of $214.21 over the next 60 days. The model suggests a slightly higher move, with positive MACD and RSI signals. Snowflake’s consumption-based revenue model, strong product revenue growth, and strategic partnerships position it as a key player in AI data pipelines. Analysts maintain a Strong Buy consensus, with price targets in the mid $240s to mid $260s, possibly reaching the high $280s.

Read more at Yahoo Finance: ChatGPT Thinks Snowflake Stock Will Close At This Price In The Next 60 Days