Snowflake Inc (NYSE:SNOW) shares traded 7.65% higher at $158.66 on Wall Street last session.
SNOW stock price is now 0.14% away from the 50-day moving average and 10.20% away from the 200-day moving average. The market capitalization of the company currently stands at $53.01B.
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, President of Products sold 6,250 shares of the company’s stock on Apr 23 ’25. The stock was sold for $937,500 at an average price of $150.00. Upon completion of the transaction, the President of Products now directly owns 65,054 shares in the company, valued at $10.32 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 23 ’25, Officer Dageville Benoit bought 6,250 shares of the business’s stock. A total of $937,500 was incurred on buying the stock at an average price of $150.00. A total of 6.84% 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 $158.4388 and a two-hundred day moving average price translates $143.9728 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.
