Thinking About Investing in Snowflake (SNOW)? Know This!

Shares of Technology sector company Snowflake moved -0.3% today, and are now trading at a price of $166.26. The large-cap stock's daily volume was 444,803 compared to its average volume of 4,288,939. The S&P 500 index returned a -0.0% performance.

Snowflake Inc. provides a cloud-based data platform for various organizations in the United States and internationally. The company is based in Bozeman and has 6,659 full time employees. Its market capitalization is $54,816,354,304.

38 analysts are following Snowflake and have set target prices ranging from $105.0 to $600.0 per share. On average, they have given the company a rating of buy. At today's prices, SNOW is trading -15.89% away from its average analyst target price of $197.66 per share.

Over the last year, SNOW's share price has increased by 16.0%, which represents a difference of 2.0% when compared to the S&P 500. The stock's 52 week high is $193.94 per share whereas its 52 week low is $119.27. With average free cash flows of $121.79 Million that have been growing at an average rate of 86.5% over the last 4 years, Snowflake is in a position to continue its strong stock performance trend.

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cash Flow ($ k) YoY Growth (%)
2023 545,639 25,128 520,511 453.98
2022 110,179 16,221 93,958 216.78
2021 -45,417 35,037 -80,454 -71.65
2020 -42,792 4,079 -46,871
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.

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