What Do Analysts Predict for SNOW?

Snowflake stock is trading -15.61% below its average target price of $180.67 after marking a 7.3% during today's None session. Analysts are giving the large-cap Software company an average rating of buy and target prices ranging from $105.0 to $500.0 per share.

Snowflake's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 4.5%. The stock's short ratio is 2.13. The company's insiders own 9.44% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.

Another number to watch is the company's rate of institutional share ownership, which now stands at 67.4%. In conclusion, we believe there is positive market sentiment regarding Snowflake.

Institutions Invested in Snowflake

Date Reported Holder Percentage Shares Value
2022-12-31 Vanguard Group, Inc. (The) 6% 17,709,367 $2,699,970,211
2022-12-31 Altimeter Capital Management, LP 5% 15,369,459 $2,343,227,822
2022-12-31 Morgan Stanley 5% 15,354,564 $2,340,956,930
2022-12-31 Sc Us (ttgp), Ltd. 4% 13,633,845 $2,078,616,100
2022-12-31 Blackrock Inc. 4% 13,014,182 $1,984,142,275
2022-12-31 ICONIQ Capital, LLC 4% 11,422,279 $1,741,440,733
2022-12-31 Capital Research Global Investors 3% 8,528,140 $1,300,200,281
2022-12-31 Jennison Associates LLC 2% 6,204,851 $945,991,625
2022-12-31 Berkshire Hathaway, Inc 2% 6,125,376 $933,874,866
2022-12-31 State Street Corporation 2% 5,617,061 $856,377,157
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.