For the latest in financial news, exclusive stories, memes follow Benzinga on Twitter, Facebook & Instagram. The share price of Snowflake Inc. (SNOW) now. TCNNF : Trulieve Cannabis stock forecast by Wall Street Analysts. Based on analyst estimates, Snowflake is forecast to hit $4.21 billion in sale s by January 2025 and $5.76 billion in sales by January 2026. 2.31, + The Global X Cloud Computing ETF, listed on the Nasdaq stock exchange, has rallied by more than 79 per cent since the beginning of the year and 127 per cent since March when the stock market sold off. Customers can store, analyse and share data across all three major public cloud providers directly through Snowflakes single user interface. The company also provides solutions for data silos and data governance. Analysts now forecast Jan. 2023 sales will be $1.8 billion. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. So if this sequential growth continues for 5 quarters, next year its YoY growth will be just 16.75% (i.e., (1.0395 ^4)-1 = 0.1675). I'd rather wait for a . SnowWorld Stock Forecast, SNOW stock price prediction. But here lies the problem. Aug 25, 2021. Snowflake Vs. Oracle Stock Snowflake is a . The Snowflake share price has benefitted from increased investor interest in cloud computing and software stocks in 2020 that is set to continue into 2021. 52-week high/low: $429 / $184.71 . For Ford Motor Company stock forecast 2022, 12 predictions are offered for each month of 2022 with average Ford Motor Company stock forecast of $15.77, a high forecast of $17.5, and a low forecast of $15.02. Snowflake had one of the largest IPOs ever for a software stock and now trades around $283. But does that really warrant such a huge price-to-sales (P/S) multiple? After Snowflake went public in late Sept. 2020 at $120, the stock later spiked to $390 on Dec. 8. SNOW updated stock price target summary. The average Snowflake price target is . The company reported 3,554 total customers with 65 customers accounting for trailing 12-month product revenue of more than $1m. Any profit-taking around the lock-up expiry could be exaggerated by tight liquidity typical in late December and early January.. Join thousands of stock investors who capture news events before they drive stock price changes. The reason is simple: SNOW stock trades for 59 times analysts sales forecast for the year ending Jan. 2022. The stock doubled from its $120 per share listing price to close at $254 per share. Snowflake Lane presented by The Bellevue Collection will return for its 17 th annual holiday parade Friday, Nov. 26 through Friday, Dec. 24. Wall Street Stock Market & Finance report, prediction for the future: You'll find the Snowflake share forecasts, stock quote and buy / sell signals below.According to present data Snowflake's SNOW shares and potentially its market environment have been in a bullish cycle in the last 12 months (if exists). Snowflake Inc - Class A () Stock Market info Recommendations: Buy or sell Snowflake stock? 50/200 Day Moving Average: $322.15 / $271.06 . Investors should expect SNOW to keep falling. That represents a great 92% to 96% year-over-year (YoY) growth rate. May. Analysts project the company's earnings per share (EPS) to be -$0.06, which has seen fiscal year 2022 EPS growth forecast to increase to -$0.29 and about -$0.17 for fiscal year 2023. Granted, this will be 84% higher than last years $592 million in revenue. Snowflake released its second-quarter results for fiscal year 2022 at the end of August. Some businesses were negatively affected in terms of demand sentiment, but others stepped up their data strategy given the new complexities of the health crisis and economic effects.. Here is a summary of their forecasts: Bank . Snowflake Inc - Class A Stock Price Forecast, "SNOW" Predictons for2026 And that will eventually lead to a dramatic deflation in this companys P/S multiple. Good day, and thank you for . TCNNF : Trulieve Cannabis stock forecast by Wall Street Analysts. 2021 InvestorPlace Media, LLC. 2021 Benzinga.com. Once you are ready, create a trading account at Capital.com and stay on top of the latest developments in the stock to spot the best trading opportunities. On the date of publication, Mark R. Hake did not hold a long or short position in any security mentioned in this article. Cathie Woods money managing firm Ark Invest on Wednesday continued to buy shares in Palantir Technologies Inc (NASDAQ: PLTR) on the dip. Fold the paper . In one of the years most anticipated IPOs,Palantir went public in September via a direct listing. Shares of Snowflake (NYSE: SNOW) stock are climbing higher on Thursday reported its earnings for the second quarter of fiscal year 2022.This comes after reported revenue of $272.2 million was way . Buy Snowflake Stock as It Builds Moat Around Financial Services Business SNOW stock is a long-term hold to accumulate on the dips September 29, 2021 By Joseph Nograles Sep 29, 2021, 6:00 am EDT . Last update: 11-03-2021, 6:39. 7 Great Stocks to Buy Under $10; Here's why Snowflake is a good buy right now. Here is an example of what I mean. The average price target is $284.55 per share, with a low estimate of $175 per share and a high of $350 per share. Looking ahead, the service predicts the share price will rise to $1,249.95 by December 2022, $1,723 per share by the end . In Feb, the negative dynamics for Momo shares will prevail with possible monthly volatility of 14.105% volatility is expected. A look at today's price movement shows that the recent level at last check reads $342.24, with intraday deals fluctuating between $336.00 and $346.64. Also, this average forecast of $71.05 represents a 1.86% increase from the past average forecast of $69.75, 6 months ago from 5 wall street analysts. Greenland Tech (GTEC) stock doubles on front loader news, WEJO stock price nosedives on opening day, Crypto prices may have room to run despite recent losses. Snowflake reported total third-quarter revenue of $159.6m, an increase of 119 per cent year-over-year, while its net loss increased to $168.89m, or $1.01 per share from $88.06m or $1.92 per share in the third quarter of 2019. And so far, that is exactly what has happened, despite Wall Street analysts continuing to promote SNOW stock. NFTs Are Hotter Than Ever. See Snowflake Inc. (SNOW) stock analyst estimates, including earnings and revenue, EPS, upgrades and downgrades. By. On average, they anticipate Snowflake's stock price to reach $309.94 in the next year. reserved. This SNOW stock analysis looks at the performance of the share price since the IPO and the outlook for the stock for next year. EXCLUSIVE: Can Non-Hallucinogenic Psychedelic Compounds Treat Mental Health Conditions? Among the recommendations, 13 analysts have issued hold ratings, with eight saying buy and two recommending selling the stock. Wall Street banks have started to release their forecasts for the end of 2022 for euro/dollar, dollar/yen, and the benchmark U.S. 10-year Treasury yield. The study reflects results from over 500 adults. Fifty-five percentof participants saidshares of Palantir will grow more by 2022. Shares of Snowflake (NYSE: SNOW) stock are climbing higher on Thursday reported its earnings for the second quarter of fiscal year 2022.This comes after reported revenue of $272.2 million was way . The material provided on this website is for information purposes only and should not be understood as an investment advice. Direxion Daily Semiconductor Bull 3X Shares, ProShares Ultra VIX Short-Term Futures ETF, Aberdeen Standard Physical Platinum Shares ETF, MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETNs, MicroSectors U.S. Big Oil Index 3X Leveraged ETNs, ProShares Short VIX Short-Term Futures ETF, The technology is now ahead of people's ability to take advantage of virtually unbounded capacity scale and performance., We continue to believe Snowflake is in the sweet spot for key secular trends of this decade: data-driven decision-making and cloud adoption.. The best long-term & short-term SnowWorld share price prognosis for 2021, 2022, 2023, 2024, 2025, 2026 with . Snowflake Stock Price Forecast. On Target: This Company Says It Delivers Drugs Exactly How You Need Them, This Industry, Important for Quality of Life, Is Big Business, This Bitcoin Mining Company Says It's Committed to Sustainability, Do Not Sell My Personal Data/Privacy Policy. But its revenue is forecast to be just over $1 billion ($1.09 billion) by Jan. 2022. But watch out. 0.57%, + TD Ameritrade, Inc. and Accretive Capital LLC are separate, unaffiliated companies and Foundry also allows individual users to integrate and analyze the data they need in one place. Be careful. . For example, by 2023 revenue growth could be just 16% over $1.8 billion, or $2.088 billion. Of the 23 analysts that have issued a 12-month Snowflake share price prediction, the majority have a price target below the current level of the share price. Find real-time SNOW - Snowflake Inc. stock quotes, company profile, news and forecasts from CNN Business. The pandemic has been more or less neutral to our business. 7 Stocks to Buy That Will Make You Rich by 2030. The reason is simple: SNOW stock trades for 59 times analysts' sales forecast for the year ending Jan. 2022. Also, this average forecast of $71.05 represents a 1.86% increase from the past average forecast of $69.75, 6 months ago from 5 wall street analysts. Right now Snowflake has a $64.58 billion market capitalization. Although Snowflake is still valued at a relatively rich 62x consensus 2022 revenues, the stock has corrected by about 20% over the last month and is down by close to 39% from its post IPO highs . . Although the . The average price is 14 per cent below where the share price closed on December 23. On average, Wall Street analysts predict that . But since then it has drifted down. Mark Hake writes about personal finance on mrhake.medium.com and runs the Total Yield Value Guidewhich you can reviewhere. Kicking off 2021 on the right note, on Jan. 4 Palantir announced a one-year, $22.5 million contract with SOMPO Holdings. Snowflake (SNOW) is set to release second-quarter fiscal 2022 earnings on August 25. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. By using the Capital.com website you agree to the use of. The expiry of the lockup could weigh on share price accretion from here, as early holders sell and SNOWs free float rises from 32.2m to 345.8m shares in March 21., But the analysts continued: Yet, pent-up demand for high-multiple names, such as Snowflake, may be limited as we wrap up 2020 and investors look to protect their year. We surveyed a group of over 400 Benzinga investors on whether shares of Snowflake (NYSE: SNOW) or Oracle (NYSE: ORCL) stock would grow the most by 2022. Opting into the survey was completely voluntary, with no incentives offered to potential respondents. The average Ford Motor Company stock forecast 2021 represents a -4.67% decrease from the last price of $19.2900009155273. Snowflake stock price prediction: will the post-IPO rally melt away in 2021? Watch Snowflakes quarterly growth rate. The stock price dropped sharply last week after research firm Cleveland Research issued a bearish report on the stock. Snowflake Inc. has a market cap of $91.09 billion and is expected to release its quarterly earnings report on May 26, 2021. Over time Snowflake has the potential to become an industry-leading source for data consumption and analysis, solidifying the companys position as a must-have data storage and processing solution.. If you rely on the information on this page then you do so entirely on your own risk. Moreover, the consensus mark for . The company reported a third-quarter loss of $1.01 per share, which missed estimates by 75 cents. Analysts tracking SNOW have forecast the quarterly EPS to shrink by -0.06 per share this quarter, while the same analysts predict the annual EPS to hit -$0.29 for the year 2021 and up to -$0.17 for 2023. Risk Disclosure Statement. Please make a bookmark to visit us later. Dec. 18 2020, Published 8:24 a.m. Nasdaq Snowflake Inc.'s market cap currently stands at around $92.77 billion, with investors looking forward to this quarter's earnings report slated for May 26, 2021. Past profits do not guarantee future profits. Snowflake banners decorate the New York Stock Exchange to market the debut of the software company's shares in New York on Sept. 16, 2020. . 25 brokerages have issued 12 month price objectives for Snowflake's stock. Spurred On by Analysts, Snowflake Remains Highly Overvalued, 7 Stocks to Consider as Consumer Prices Spike >>> READ MORE, several articles about its massively high valuation, 7 Reliable Dividend Stocks to Buy for Your Golden Years, Louis Navellier and the InvestorPlace Research Staff. NOTE: All forecasts are updated on daily basis. Therefore, using an . ET Contents: Prepared Remarks; Questions and Answers; Call Participants; Prepared Remarks: Operator. Eric J. Savitz. The PNW's Best Locale for Holiday Cheer: Snowflake Lane. Snowflake products help businesses to compile, analyze, view, and share data in bulk easily. Snowflake went public in September in a record-breaking IPO, with shares closing that initial trading day at $253.93. We sift through the market for consistent trades so you dont have to. The average Trulieve Cannabis stock forecast from last 6 month is $71.05, and this show a 10.34% increase in average from the prior price target of the each prediction. That means the stock is likely to keep falling. Starting with the fiscal quarter ended April 30, 2021, adjusted free cash flow is defined to also exclude the effects of employee payroll tax-related items on employee stock transactions, which are generally pass-through transactions that are expected to have a net zero Snowflake's share price could stay at $293.77 by Oct 19, 2022. Ocugen Stock Forecast 2021, 2022, 2023. But just to be generous, and yet still make the point that SNOW stock is overvalued, lets give it a 30 multiple. The minimum target price for IonQ, analysts is $ 18 . Copyright For the full 2022 fiscal year Snowflake called for $1 . Join the 150,000+ traders worldwide that chose to trade with Capital.com, CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Snowflake Stock Forecast, 5Q5 stock price prediction. The company also expects to grow 85% by 2022, hinting at higher earnings ahead. Their forecasts range from $235.00 to $375.00. BELLEVUE, Wash., Nov. 17, 2021 /PRNewswire/ -- One of the Pacific Northwest's favorite holiday traditions is back! But its revenue is . Snowflake stock fell as much as 7% then rebounded in extended trading on Wednesday after the data analytics software company gave full-year guidance that met . Latest Release. Hyliion Holdings Corporation - Class A (HYLN) stock price prediction is 28.74306628717 USD. All rights reserved. Right now Snowflake has a $64.58 billion market capitalization. This Company Thinks So! Advertiser Disclosure: SNOW Stock Has a Massive Market . Trading CFDs provides the opportunity to try to profit from bullish and bearish price action: you can either hold a long position, speculating that the SNOW share price will rise, or a short position, speculating that the price will fall. However, the stock was below that level at Wednesday's close. The reason is simple: SNOW stock trades for 59 times analysts' sales forecast for the year ending Jan. 2022. Therefore, 30 times $1.8 billion is a $54 billion market cap. Frank Slootman, Snowflakes chairman and CEO, said in the quarterly earnings call: Our growth is driven by long-term secular trends in data science and analytics enabled by cloud-scale computing. Snowflake Inc. (NYSE:SNOW) price is hovering higher on Wednesday, October 27, jumping 1.67% above its previous close. The point is that slower Q0Q growth eventually feeds into slower YoY growth. Snowflake, a cloud-based software company that went public in September of last year, has gained roughly 15% . Target values for the price of one Rivian Automotive share for Feb 2022. This survey was conducted by Benzinga in January 2021 and included the responses of a diverse population of adults 18 or older. "An Essential . EPS / Forecast. With the onslaught of digital transformation, data operations have become the beating heart of the modern enterprise. Palantir Gotham enables users to identify patterns hidden deep within datasets, ranging from signals intelligence sources to reports from confidential informants, as well as facilitates the handoff between analysts and operational users, helping operators plan and execute real-world responses to threats that have been identified within the platform. + Copyright 2021 InvestorPlace Media, LLC. 1.72%, + COINBASE STOCK PRICE PREDICTION FOR 2021 & 2022 With BEST PENNY STOCKS TO BUY NOW FOR IT. As a measuring stick for investors, it can be said much of Palantirs 2021 growth will be tied to garnering more contracts like the aforementioned examples. Snowflake Vs. Oracle Stock Snowflake stock price prediction: will the post-IPO rally melt away in 2021. We surveyed a group of over 500 Benzinga investors on whether shares of Palantir (NYSE:PLTR) or Snowflake (NYSE:SNOW) stock would grow the most by 2022. Unfortunately, I believe there is still more downside for SNOW stock. Pfizer Stock Forecast 2021, 2022, 2023. We surveyed a group of over 400 Benzinga investors on whether shares of Snowflake (NYSE: SNOW) or Oracle (NYSE: ORCL) stock would grow the most by 2022. The stock price dropped sharply last week after research firm Cleveland Research issued a bearish report on the stock. Snowflake issued fourth-quarter revenue guidance of $162-167m, up by 97-103 per cent year-on-year, and full-year guidance of $538-543m, up by 113-115 per cent from 2019. A more reasonable P/S multiple, given the risk that this will not occur, would be 20 times revenue at most. Whatever your view of Snowflake shares buy or sell you can potentially profit from both positive and negative price fluctuations of the stock by trading it with contracts for difference (CFDs). SNOWFLAKE INC. : Forcasts, revenue, earnings, analysts expectations, ratios for SNOWFLAKE INC. Stock | SNOW | US8334451098 Snowflake reported 3,554 total customers and 65 customers with trailing 12-month product revenue greater than $1 million. ET. Despite a dip in performance, hedge funds and institutions were actively buying the stock in the first quarter. For the best interviews, stock market talk & videos, subscribe to Benzinga Podcasts and our YouTube channel. Snowflake had its IPO on Sept. 16. The minimum target price for IonQ, analysts is $ 18 . Editorial Disclosure: Reviews are as determined by Benzinga Money. Today 200 Day Moving Average is the support level ( 10.79 $). Shares in Snowflake Inc. are currently priced at $370.73. Taking into account the 52 . The average Snowflake stock price prediction forecasts a potential downside of N/A from the current SNOW share price of $361.08. Webull offers kinds of Snowflake Inc. stock information, including NYSE:SNOW real-time market quotes, financial reports, professional analyst ratings, in-depth charts, corporate actions, SNOW stock news, and many more online research tools to help you make informed decisions. Expect them to continue to lower their target prices. Capital Com SV Investments Limited is deemed authorised and regulated by the Financial Conduct Authority. The company won a three-year, $44 millioncontract with the Food and Drug Administration. Snowflake Inc. (NYSE:SNOW) is due to report earnings tomorrow. Get Benzinga Options: Starter Edition to follow our high-conviction options trades. The average Trulieve Cannabis stock forecast from last 6 month is $71.05, and this show a 10.34% increase in average from the prior price target of the each prediction. CFDs allow traders to speculate on the movements of the underlying stock, without having to own it. The size of the potential loss is limited to the funds held by us for and on your behalf, in relation to your trading account. Join our private community over at Patreon https://www.patreon.com. PayPal Stock Forecast 2021, 2022, 2023. Snowflake SNOW is set to release second-quarter fiscal 2022 results on Aug 25.The Zacks Consensus Estimate for the top line is currently pegged at $255.2 million. Capital Com SV Investments Limited, company Registration Number: 354252, registered address: 28 Octovriou 237, Lophitis Business Center II, 6th floor, 3035, Limassol, Cyprus. Create a square piece of paper by folding down the top corner to meet the bottom edge of the paper, creating a right-angled triangle; cut it off the roll. The sale of 28 million shares valued the company at $70bn, making it the largest ever software IPO. Snowflake's median target price of $282.50 is a premium of 5.9% over current prices. In this Q2 report, Snowflake showed an impressive ability to pole vault over analysts' already elevated top- and bottom-line estimates. Details of the Temporary Permissions Regime, which allows EEA-based firms to operate in the UK for a limited period while seeking full authorisation, are available on the Financial Conduct Authoritys website. 73.81% of retail investor accounts lose money when trading CFDs with this provider. Estimates by analysts give the company expected earnings per share (EPS) of -$0.06, with the EPS growth for the year raised at -$0.29 for 2022 and -$0.17 for next year. Here Are 3 Cryptos to Buy to Profit. Is there potential for investors to make further gains from the stock, or has the rally run its course? This figure corresponds to the average price over the previous 50/200 days. Find real-time SNOW - Snowflake Inc. stock quotes, company profile, news and forecasts from CNN Business. Shares in data-software firm Snowflake (SNOW) have climbed by 30 per cent in the three months since its initial public offering (IPO). Snowflake stock forecast. For the full 2022 fiscal year, the . Snowflake Inc - Class A Forecast, Short-Term " SNOW" Stock Price Prognosis for Next Days Walletinvestor.com SNOW Forecast, Long-Term Price Predictions for Next Months and Year: 2021, 2022 Negative dynamics for Snowflake shares will prevail with possible volatility of 2.493%. 978.28, + Although Snowflake is still valued at a relatively rich 62x consensus 2022 revenues, the stock has corrected by about 20% over the last month and is down by close to 39% from its post IPO highs . Snowflake Inc. (NYSE:SNOW) is due to report earnings tomorrow. Snowflake Inc. (NYSE: SNOW) Q2 2022 Earnings Call dated Aug. 25, 2021 Corporate Participants: Jimmy L. Sexton -- Head, Investor Relations Frank Slootman -- Chairman and Chief Executive Officer Mike Scarpelli -- Chief Financial Officer Christian Kleinerman -- Senior Vice President, Product Analysts: Mark Murphy -- J.P. Morgan -- Analyst Gregg Moskowitz -- Mizuho -- Analyst Kirk Materne . The company also offers Palantir Foundry, a platform that transforms the ways organizations operate by creating a central operating system for their data. At that level they are trading at 11.94% premium to the analyst consensus target price of 0.00. 1.64, + However, note that CFDs are a leveraged product. In its latest Q4 earnings release, Snowflake also predicted that its Q1 revenue (ending April 30) would be between $195 to $200 million. Analyst estimates, according to TipRanks.com are $287.00 per share. The share price climbed to reach $390 by December 8 after its first quarterly earnings report as a public company on December 2 exceeded revenue expectations. All rights After all, 59 times revenue is the kind of multiple that would be high even if this was a price-to-earnings ratio. Valuing SNOW Stock Using FCF. Capital Com SV Investments Limited is regulated by Cyprus Securities and Exchange Commission (CySEC) under license number 319/17. Snowflake Inc. analyst ratings, historical stock prices, earnings estimates & actuals. Analysts expect annual sales to top $1 billion in the current fiscal year, 2022. ET by Tomi Kilgore. Meta-stasis: Tech Giant's Reach Grows Where Is This Headed? . Looking ahead, the service predicts the share price will rise to $1,249.95 by December 2022, $1,723 per share by the end of 2023, and $2,663.59 per share by December 2025. The Covid-19 pandemic has accelerated the adoption of cloud-based technologies, with companies around the world switching to remote working. Cathie Woods money managing firm Ark Invest on Tuesday bought 1.48 million shares estimated to be worth $35.98 million in Palantir Technologies Inc (NYSE: PLTR) on the dip and after months of booking profit in the s, Shiba Inu Approaches An Important Milestone, Was Jack Dorsey Right? Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. For Ford Motor Company stock forecast 2022, 12 predictions are offered for each month of 2022 with average Ford Motor Company stock forecast of $15.77, a high forecast of $17.5, and a low forecast of $15.02. The company has set a price of $120 per share, but the stock price more than doubled on the first day of trading and closed . Announced the U.S. Army's Program Executive Office for Enterprise Information Systems opted to execute the second year of its partnership on the Army Vantage program for $113.8 million. Snowflake Inc., which has a market valuation of $115.50 billion, is expected to release its quarterly earnings report May 26, 2021. This means that we can say that SNOW stock is worth 16.55% lower than todays price of $217.18, or $181.56 per share. Snowflake launched its IPO on September 16, capitalising on the rising pro-technology stocks trend. The weighted average target price per Rivian Automotive share in Feb 2022 is: 115.44. The best long-term & short-term SnowWorld share price prognosis for 2021, 2022, 2023, 2024, 2025, 2026 with . 7:07a Noodles started at buy with $15 stock price target at Benchmark ; 7:06a El Pollo Loco started at hold at Benchmark ; 7:05a Warby Parker raises full-year outlook, now sees revenue of $539.5 . Analysts covering Snowflake Inc. currently have a consensus Earnings Per Share (EPS) forecast of -0.381 for the next financial year. PRINCETON, Ind (WEHT) - The Gibson County Visitors & Tourism Bureau announced on Monday the theme for the 2021 Snowflake Christmas parade that will be held in downtown Princeton. SNOW Earnings. Survey Says Fifty-five percent of participants said shares of Palantir will grow more by 2022. employer payroll tax-related items on employee stock transactions. I have written several articles about its massively high valuation and predicted it would fall. If the market puts a 25 times multiple (not 20x as I suspect), the market cap will be $52.2 billion. The latest earnings per stock, revenues and financial reports for Snowflake Inc (SNOW). IonQ, stock forecasts are adjusted once a day based on the closing price of the previous trading day. Right now Snowflake has a $64.58 billion market capitalization. What analysts predict:: $321.49 . Learn more about CFD trading with our free online courses and find out how to trade SNOW shares CFDs with our comprehensive guide. The average Ford Motor Company stock forecast 2021 represents a -4.67% decrease from the last price of $19.2900009155273. If my math is correct and the QoQ growth rate eventually feeds into slower YoY growth, then the 30 times sales multiple will fall below 20 times. Investment firm William Blair is more positive on the outlook for the stock, with analyst Bhavan Suri estimating that the company will generate revenue of $579m in 2021 representing growth from the companys forecast of $538-543m for 2020 and $1.08bn in 2022. Snowflake is a software company that provides data cloud platforms for customers in data engineering, data lake, data warehousing, data science, data applications, and data sharing. It implies a price target of $175.55. Benzinga does not provide investment advice. 1125 N. Charles St, Baltimore, MD 21201. However, even if those events confirm Snowflake's strong growth potential, the stock remains overpriced at 130 times analysts' full-year revenue forecast of $565.8 million. Therefore losses, as well as profits, are magnified. are not responsible for each others services and products. This represents a growth of just 65% over the forecast Jan. 2022 estimate of $1.09 billion. Stock forecasting service Wallet Investor is also bullish on the longer-term outlook in its Snowflake stock price prediction, putting the share price at $347.50 in January and climbing to $779.49 per share by the end of 2021. As of May 4, it was trading at $217.18, down 20.5% year-to-date and off 14.7% in the last six months. SnowWorld Stock Forecast, SNOW stock price prediction. Every week, Benzinga conducts a sentiment survey to find out what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios.
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