The stock of Snowflake Inc (NYSE:SNOW) last traded at $155.96, up 1.04% from the previous session.
SNOW stock price is now -9.40% away from the 50-day moving average and 9.77% away from the 200-day moving average. The market capitalization of the company currently stands at $51.48B.
With the price target enhanced from $188 to $230, Monness Crespi & Hardt maintained Buy rating for Snowflake Inc (NYSE: SNOW). On February 20, 2025, BTIG Research Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock keeping its target price maintained at $220, while ‘Wolfe Research’ rates the stock as ‘Outperform’
In other news, Slootman Frank, Director sold 7,016 shares of the company’s stock on Mar 18 ’25. The stock was sold for $1,092,321 at an average price of $155.69. Upon completion of the transaction, the Director now directly owns 182,999 shares in the company, valued at $28.54 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 18 ’25, EVP, Product Management Kleinerman Christian sold 3,765 shares of the business’s stock. A total of $586,173 was realized by selling the stock at an average price of $155.69. This leaves the insider owning 616,602 shares of the company worth $96.17 million. A total of 6.89% of the company’s stock is owned by insiders.
During the past 12 months, Snowflake Inc has had a low of $107.13 and a high of $194.40. As of last week, the company has a debt-to-equity ratio of 0.90, a current ratio of 1.75, and a quick ratio of 1.85. The fifty day moving average price for SNOW is $172.1464 and a two-hundred day moving average price translates $142.07436 for the stock.
The latest earnings results from Snowflake Inc (NYSE: SNOW) was released for 2025-01-31. The net profit margin was -35.45% and return on equity was -31.43% for SNOW. The company reported revenue of $942.09 million for the quarter, compared to $734.17 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 28.32 percent.
