65/100B298.61
USD
-2.75
(-0.91%)
Post Trading
Last updated: · Delayed 15 min
Snowflake stock forecast 2027–2029What is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Analysts' average 12-month price target for Snowflake is 418.03, 40.0% above the current price of 298.61. Their targets range from 250.00 to 525.00.
Of the 39 firms that rated Snowflake in the past 12 months, 35 rate it buy or strong buy, 4 hold and 0 sell or strong sell (each firm at its latest rating): a Strong buy consensus.
12-month price target
418.03 USD
+39.99%
Analysts' 1-year price targets range from 250.00 to 525.00, with an average of 418.03.
Past year
1-year forecast
Strong sellStrong buy
Strong buy
39 ratings
| Buy | 35 | |
| Hold | 4 | |
| Sell | 0 |
12-month price target
| Highest target | 525.00 |
| Average target | 418.03 |
| Lowest target | 250.00 |
| Current price | 298.61 |
Snowflake price target historyWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Have analysts recently raised or lowered their Snowflake price target and rating?
See how analysts moved their price target
How analysts rate Snowflake, month by monthWhat is the analyst rating? The analyst rating sums up what the analysts covering a stock recommend, from strong buy to strong sell, by the share of them rating it a buy.
35 of 39 firms rate it buy now, against 32 of 35 in December 2025.
Buy Hold Sell
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
Snowflake analyst upgrades, downgrades and price targets
The latest rating change came on 29 May 2026, when HSBC upgraded Snowflake from Hold to Buy. Its price target is 289.00. The most recent new target came from Argus Research on 4 September 2026: 450.00.
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 4 Sept 2026 | Argus Research Joseph Bonner | Reiterated · Buy | 450.00 | — | 347.40 |
| 3 Sept 2026 | Goldman Sachs | — | 278.00 → 436.00 | +56.8% | 356.47 |
| 3 Sept 2026 | Truist Financial | Reiterated · Buy | 450.00 → 425.00 | -5.6% | 370.96 |
| 3 Sept 2026 | RBC Capital | Reiterated · Outperform | 372.00 → 440.00 | +18.3% | 374.72 |
| 3 Sept 2026 | D.A. Davidson Gil Luria | — | 300.00 → 450.00 | +50.0% | 372.07 |
| 3 Sept 2026 | Scotiabank | Reiterated · Sector Outperform | 320.00 → 440.00 | +37.5% | 372.22 |
| 3 Sept 2026 | Evercore ISI | Reiterated · Outperform | 360.00 → 430.00 | +19.4% | 376.62 |
| 3 Sept 2026 | Monness | — | 320.00 → 450.00 | +40.6% | 370.65 |
| 3 Sept 2026 | China Renaissance Securities (US) Inc. | — | 297.00 | — | 370.65 |
| 3 Sept 2026 | Truist Financial | — | 360.00 → 450.00 | +25.0% | 370.65 |
| 3 Sept 2026 | Oppenheimer Ittai Kidron | Reiterated · Outperform | 250.00 → 475.00 | +90.0% | 305.84 |
| 3 Sept 2026 | BTIG | Reiterated · Buy | 340.00 → 424.00 | +24.7% | 305.84 |
| 3 Sept 2026 | Canaccord Genuity Kingsley Crane | Reiterated · Buy | 325.00 → 450.00 | +38.5% | 305.84 |
| 3 Sept 2026 | Robert W. Baird William Power | — | 270.00 → 450.00 | +66.7% | 305.84 |
| 3 Sept 2026 | Mizuho Securities Gregg Moskowitz | — | 355.00 → 425.00 | +19.7% | 305.84 |
| 3 Sept 2026 | Piper Sandler | Reiterated · Overweight | 300.00 → 450.00 | +50.0% | 305.84 |
| 3 Sept 2026 | Cantor Fitzgerald Thomas Blakey | Reiterated · Overweight | 405.00 → 430.00 | +6.2% | 305.84 |
| 3 Sept 2026 | Wells Fargo | Reiterated · Overweight | 210.00 → 525.00 | +150.0% | 305.84 |
| 3 Sept 2026 | Stifel Nicolaus | Reiterated · Buy | 350.00 → 450.00 | +28.6% | 305.84 |
| 3 Sept 2026 | Needham Mike Cikos | Reiterated · Buy | 330.00 → 450.00 | +36.4% | 305.84 |
| 3 Sept 2026 | Morgan Stanley Sanjit Singh | Reiterated · Overweight | 300.00 → 470.00 | +56.7% | 305.84 |
| 3 Sept 2026 | Barclays | Reiterated · Equal Weight | 332.00 → 384.00 | +15.7% | 305.84 |
| 3 Sept 2026 | Raymond James Simon Leopold | Reiterated · Outperform | 275.00 → 425.00 | +54.5% | 305.84 |
| 3 Sept 2026 | Jefferies | Reiterated · Buy | 430.00 → 488.00 | +13.5% | 305.84 |
| 3 Sept 2026 | Deutsche Bank Brad Zelnick | — | 400.00 | — | 305.84 |
| 3 Sept 2026 | Jefferies Brent Thill | — | 385.00 → 430.00 | +11.7% | 305.84 |
| 31 Aug 2026 | Cantor Fitzgerald Thomas Blakey | Reiterated · Overweight | 282.00 → 405.00 | +43.6% | 326.07 |
| 27 Aug 2026 | Barclays | Reiterated · Equal Weight | 285.00 → 332.00 | +16.5% | 315.37 |
| 25 Aug 2026 | Truist Financial | — | 275.00 → 360.00 | +30.9% | 318.66 |
| 19 Aug 2026 | Mizuho Securities | Reiterated · Outperform | 295.00 → 355.00 | +20.3% | 325.33 |
| 19 Aug 2026 | Morgan Stanley Sanjit Singh | — | 270.00 → 300.00 | +11.1% | 325.33 |
| 18 Aug 2026 | Stifel Nicolaus Brad Reback | — | 300.00 → 350.00 | +16.7% | 328.08 |
| 18 Aug 2026 | UBS | Reiterated · Buy | 320.00 → 425.00 | +32.8% | 330.11 |
| 16 Aug 2026 | Jefferies | — | 310.00 → 385.00 | +24.2% | 328.92 |
| 14 Aug 2026 | RBC Capital Matthew Hedberg | Reiterated · Outperform | 284.00 → 372.00 | +31.0% | 337.38 |
| 10 Aug 2026 | Evercore ISI Kirk Materne | Reiterated · Outperform | 200.00 → 360.00 | +80.0% | 332.47 |
| 3 Aug 2026 | BTIG Gray Powell | Reiterated · Buy | 325.00 → 340.00 | +4.6% | 293.28 |
| 20 Jul 2026 | Jefferies Brent Thill | — | 300.00 → 310.00 | +3.3% | 274.34 |
| 16 Jul 2026 | KeyBanc Eric Heath | Reiterated · Overweight | 295.00 → 325.00 | +10.2% | 271.87 |
| 8 Jun 2026 | Scotiabank Patrick Colville | Reiterated · Sector Outperform | 285.00 → 320.00 | +12.3% | 242.41 |
| 4 Jun 2026 | Barclays Raimo Lenschow | Reiterated · Equal Weight | 272.00 → 285.00 | +4.8% | 241.28 |
| 3 Jun 2026 | Loop Capital Markets Mark Schappel | Reiterated · Buy | 320.00 | — | 261.14 |
| 3 Jun 2026 | UBS | Reiterated · Buy | 370.00 → 320.00 | -13.5% | 261.14 |
| 3 Jun 2026 | UBS Karl Keirstead | — | 325.00 → 370.00 | +13.8% | 261.14 |
| 3 Jun 2026 | Needham Mike Cikos | Reiterated · Buy | 300.00 → 330.00 | +10.0% | 261.14 |
| 3 Jun 2026 | BTIG Gray Powell | Reiterated · Buy | 280.00 → 325.00 | +16.1% | 261.14 |
| 29 May 2026 | HSBC | Upgraded · Hold → Buy | 289.00 | — | 239.20 |
| 28 May 2026 | Monness Brian White | — | 320.00 | — | 242.06 |
| 28 May 2026 | Piper Sandler | Reiterated · Overweight | 295.00 → 300.00 | +1.7% | 235.59 |
| 28 May 2026 | Truist Financial Miller Jump | Reiterated · Buy | 125.00 → 275.00 | +120.0% | 235.69 |
Snowflake EPS and revenue estimatesWhat are estimate revisions? Estimate revisions are the changes analysts make to their EPS and revenue forecasts for the years ahead. They show whether expectations are rising or falling.
Revenue
ReportedEstimate
EPS
ReportedEstimate
Does Snowflake beat earnings estimates?What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
On average, analysts' EPS estimate was 35.8% off the result, either way, and their revenue estimate 3.5%, over the last 12 quarters.
- EPS beats
- 20 / 24
- Revenue beats
- 20 / 24
- Average EPS surprise, last 12What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
- +32.3%
- Since
- December 2020
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q2 FY2027 | 2 Sept 2026 | 0.45 | 0.62 | +38.8% | 1.48B | 1.55B | +4.3% |
| Q1 FY2027 | 27 May 2026 | 0.32 | 0.39 | +22.1% | 1.32B | 1.39B | +5.1% |
| Q4 FY2026 | 25 Feb 2026 | 0.27 | 0.32 | +17.4% | 1.26B | 1.28B | +2.2% |
| Q3 FY2026 | 3 Dec 2025 | 0.31 | 0.35 | +12.3% | 1.18B | 1.21B | +2.4% |
| Q2 FY2026 | 27 Aug 2025 | 0.27 | 0.35 | +31.1% | 1.09B | 1.14B | +5.2% |
| Q1 FY2026 | 21 May 2025 | 0.21 | 0.24 | +13.0% | 1.01B | 1.04B | +3.6% |
| Q4 FY2025 | 26 Feb 2025 | 0.18 | 0.30 | +70.0% | 957.79M | 986.77M | +3.0% |
| Q3 FY2025 | 20 Nov 2024 | 0.15 | 0.20 | +33.3% | 899.31M | 942.09M | +4.8% |
| Q2 FY2025 | 21 Aug 2024 | 0.16 | 0.18 | +11.8% | 853.11M | 868.82M | +1.8% |
| Q1 FY2025 | 22 May 2024 | 0.18 | 0.14 | -21.6% | 788.10M | 828.71M | +5.2% |
| Q4 FY2024 | 28 Feb 2024 | 0.18 | 0.35 | +92.1% | 760.43M | 774.70M | +1.9% |
| Q3 FY2024 | 29 Nov 2023 | 0.15 | 0.25 | +66.7% | 713.06M | 734.17M | +3.0% |
Snowflake stock price 2027–2029: scenariosHow are the stock price scenarios calculated? Bear, base and bull prices for the years ahead: the analysts' EPS estimates times the lowest, average and highest P/E of the stock today and at its last five year ends, or of its peers.
There are no price scenarios for Snowflake: its P/E has been above 60, or from losses, too often in the last five years to price its earnings at, and similar companies' P/Es put its value too far from its price to stand in. The earnings analysts expect are in the estimates above.
Most undervalued US stocksHow does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
| Stock | Price | Fair value | Upside |
|---|---|---|---|
| 36.040 | 71.4258Price 36.04193 | +98.2% | |
| 28.875 | 56.3234Price 28.8896 | +95.0% | |
| 159.770 | 305.52159Price 159.77396 | +91.2% | |
| 156.035 | 297.58169Price 156.04471 | +90.7% | |
| 107.110 | 201.10107Price 107.11248 | +87.8% | |
| 126.410 | 237.04178Price 126.41296 | +87.5% | |
| 216.580 | 405.43304Price 216.58507 | +87.2% |
Furthest below the fair value on each stock's page, updated every day.