Snowflake jumps 16% after lifting revenue outlook
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/23/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
Snowflake Inc. (SNOW) PT Raised to $225 at Citi
November 22, 2024 4:30 AM ESTCiti analyst Tyler Radke raised the price target on Snowflake Inc. (NYSE: SNOW) to $225.00 (from $183.00) while maintaining a Buy rating.
The analyst comments "It was a redemption quarter for Snowflake as the company delivered robust top-line outperfomance, accelerating bookings strength, ramping new product... More
Snowflake Inc. (SNOW) PT Raised to $188 at Monness, Crespi, Hardt
November 21, 2024 8:29 AM ESTMonness, Crespi, Hardt analyst Brian White raised the price target on Snowflake Inc. (NYSE: SNOW) to $188.00 (from $140.00) while maintaining a Buy rating.
The analyst comments "Snowflake, Inc. (SNOW Buy $129.12): Worthy of a Rally. Last night, Snowflake reported strong 3Q:FY25 upside, issued... More
Snowflake Inc. (SNOW) PT Raised to $180 at Jefferies
November 21, 2024 8:00 AM ESTJefferies analyst Brent Thill raised the price target on Snowflake Inc. (NYSE: SNOW) to $180.00 (from $145.00) while maintaining a Buy rating.
The analyst comments "SNOW delivered a strong Q with a record-setting beat and raise and RPO growth accel to 55% y/y... More
Snowflake Inc. (SNOW) PT Raised to $200 at Needham
November 21, 2024 6:22 AM ESTNeedham analyst Mike Cikos raised the price target on Snowflake Inc. (NYSE: SNOW) to $200.00 (from $160.00) while maintaining a Buy rating.
The analyst comments "Snowflake reported a solid quarter, where strong results and positive leading indicators caused us to raise our estimates and Price... More
Snowflake Inc. (SNOW) PT Raised to $200 at DA Davidson
November 21, 2024 5:30 AM ESTDA Davidson analyst Gil Luria raised the price target on Snowflake Inc. (NYSE: SNOW) to $200.00 (from $175.00) while maintaining a Buy rating.
The analyst comments "We reiterate our BUY rating and raise our price target from $175 to $200 following strong 3Q25 earnings that were underscored... More
Goldman Sachs Reiterates Conviction Buy Rating on Snowflake Inc. (SNOW)
November 21, 2024 5:23 AM ESTGoldman Sachs analyst Kash Rangan reiterated a Conviction Buy rating and $220.00 price target on Snowflake Inc. (NYSE: SNOW)
The analyst comments "We reiterate our Buy rating and $220 Price Target on Snowflake (on CL) following impressive F3Q results that augment our conviction the company can sustain mid-20s revenue growth at a $4B revenue scale while delivering 25% FCF margins, representing the top decile in software and rightfully supporting the... More
BTIG Reiterates Neutral Rating on Snowflake Inc. (SNOW)
November 21, 2024 5:13 AM ESTBTIG analyst Gray Powell reiterated a Neutral rating on Snowflake Inc. (NYSE: SNOW).
The analyst comments "SNOW delivered strong FQ3 results and increased its outlook for FY25. Most notably, SNOW posted product revenue of $900MM / +28.9% y/y compared to our $853MM / 22.1% est. (Street $849MM). This was well above the upside scenario of $880MM previewed on 11/19 and most likely well above buy-side expectations. In... More
Snowflake Inc. (SNOW) PT Raised to $190 at Evercore ISI
November 21, 2024 5:07 AM ESTEvercore ISI analyst Kirk Materne raised the price target on Snowflake Inc. (NYSE: SNOW) to $190.00 (from $170.00) while maintaining a Outperform rating.
The analyst comments "SNOW delivered a strong beat-and-raise quarter with product revenue of $900mn (+29%) coming in ahead of our/Street expectations of +21.5% / +22.5% and operating margins 6% vs. our/Street expectations of 3.4% / 3.2%. Perhaps... More
