In Wednesday’s Wall Street session, Snowflake Inc (NYSE:SNOW) shares traded at $151.15, up 13.21% from the previous session.
SNOW stock price is now -9.09% away from the 50-day moving average and 5.33% away from the 200-day moving average. The market capitalization of the company currently stands at $50.50B.
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With the price target of $160, Macquarie recently initiated with Neutral rating for Snowflake Inc (NYSE: SNOW). On April 01, 2025, Daiwa Securities recently initiated its ‘Buy’ rating on the stock quoting a target price of $210, while ‘Monness Crespi & Hardt’ rates the stock as ‘Buy’
In other news, Dageville Benoit, Officer bought 6,250 shares of the company’s stock on Apr 09 ’25. The stock was bought for $937,500 at an average price of $150.00. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 04 ’25, Director Speiser Michael L sold 50,338 shares of the business’s stock. A total of $6,506,182 was realized by selling the stock at an average price of $129.25. This leaves the insider owning 39,476 shares of the company worth $5.97 million. A total of 6.85% 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 1.75. The fifty day moving average price for SNOW is $166.2596 and a two-hundred day moving average price translates $143.5028 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 $986.77 million for the quarter, compared to $774.7 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 27.37 percent.
