Snowflake Inc (NYSE: SNOW) is -4.55% lower on its value in year-to-date trading and has touched a low of $107.13 and a high of $194.40 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SNOW stock was last observed hovering at around $140.23 in the last trading session, with the day’s gains setting it 7.16%.
Currently trading at $147.39, the stock is 1.73% and -7.26% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.66 million and changing 5.11% at the moment leaves the stock 2.43% off its SMA200. SNOW registered 1.33% gain for a year compared to 6-month gain of 23.30%. The firm has a 50-day simple moving average (SMA 50) of $159.7112 and a 200-day simple moving average (SMA200) of $143.8655.
The stock witnessed a -9.67% loss in the last 1 month and extending the period to 3 months gives it a -16.96%, and is 0.58% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.69% over the week and 5.50% over the month.
Snowflake Inc (SNOW) has around 7834 employees, a market worth around $46.85B and $3.63B in sales. Fwd P/E is 92.64. Profit margin for the company is -35.45%. Distance from 52-week low is 37.58% and -24.18% from its 52-week high. The company has generated returns on investments over the last 12 months (-22.76%).
with sales reaching $1.01B over the same period.The EPS is expected to grow by 41.18% this year, but quarterly earnings will post 23.09% year-over-year. Quarterly sales are estimated to grow 21.31% in year-over-year returns.
1513.0 institutions hold shares in Snowflake Inc (SNOW), with institutional investors hold 68.36% of the company’s shares. The shares outstanding are 333.87M, and float is at 311.26M with Short Float at 3.49%. Institutions hold 65.29% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 22.5 million shares valued at $3.04 billion. The investor’s holdings represent 6.7339 of the SNOW Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 16.78 million shares valued at $2.27 billion to account for 5.0214 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 12.37 million shares representing 3.7018 and valued at over $1.67 billion, while ALTIMETER CAPITAL MANAGEMENT, LP holds 2.8589 of the shares totaling 9.55 million with a market value of $1.29 billion.
Snowflake Inc (SNOW) Insider Activity
Snowflake Inc disclosed in a document filed with the SEC on Apr 09 ’25 that Dageville Benoit (President of Products) sold a total of 6,250 shares of the company’s common stock. The trade occurred on Apr 09 ’25 and was made at $150.00 per share for $0.94 million. Following the transaction, the insider now directly holds 65054.0 shares of the SNOW stock.
Still, SEC filings show that on Apr 09 ’25, Dageville Benoit (Officer) Proposed Sale 6,250 shares at an average price of $150.00 for $0.94 million. The insider now directly holds shares of Snowflake Inc (SNOW).
