Snowflake (SNOW) Tops Q2 Sales and Guidance Expectations, Analysts Raise PTs Despite Wider-than-Expected Loss
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/21/2026
Go back to Snowflake (SNOW) Tops Q2 Sales and Guidance Expectations, Analysts Raise PTs Despite Wider-than-Expected Loss
August 26, 2021 9:47 AM EDT
Goldman Sachs analyst Kash Rangan raised the price target on Snowflake Inc. (NYSE: SNOW) to $340.00 (from $300.00) while maintaining a Buy rating.
...
More
August 26, 2021 7:57 AM EDT
Rosenblatt analyst Blair Abernethy raised the price target on Snowflake Inc. (NYSE: SNOW) to $300.00 (from $295.00) while maintaining a Buy rating.
The analyst commented, "Wednesday after market close, Snowflake reported strong Q2 results that came in ~8% above our expectations on revenue and otherwise... More
August 26, 2021 7:22 AM EDT
Canaccord Genuity analyst David Hynes Jr. raised the price target on Snowflake Inc. (NYSE: SNOW) to $275.00 (from $240.00) while maintaining a Hold rating following earnings.
The analyst commented, "As has been the case for the last few quarters, there wasnt much to pick at in SNOWs FQ2 print. Putting some numbers to this, product revenue grew 103%, net new ACV bookings growth accelerated from a year ago, net revenue expansion... More
August 26, 2021 6:38 AM EDT
Cowen analyst J. Derrick Wood raised the price target on Snowflake Inc. (NYSE: SNOW) to $335.00 (from $310.00) while maintaining an Outperform rating following earnings.
The analyst commented, "SNOW reported a strong 2Q w/ product growth of 103%, above our 92% est with little slowdown vs.... More
August 26, 2021 6:22 AM EDT
Mizuho Securities analyst Gregg Moskowitz raised the price target on Snowflake Inc. (NYSE: SNOW) to $340.00 (from $320.00) while maintaining a Buy rating following earnings.
The analyst commented, "SNOW reported a very good F2Q, with healthy revenue upside driven by broad-based consumption strength,... More
August 26, 2021 4:57 AM EDT
Barclays raised its price target on Snowflake Inc. (NYSE: SNOW) to $295.00 (from $270.00) while maintaining a Equalweight rating.... More
August 26, 2021 3:18 AM EDT
JMP Securities analyst Joe Goodwin raised the price target on Snowflake Inc. (NYSE: SNOW) to $320.00 (from $300.00) while maintaining a Market Outperform rating.... More
August 25, 2021 4:09 PM EDT
Snowflake (NYSE: SNOW) reported Q2 EPS of ($0.64), $0.49 worse than the analyst estimate of ($0.15). Revenue for the quarter came in at $272.2 million versus the consensus estimate of $256.54 million.
Financial... More
