The price of Snowflake Inc (NYSE:SNOW) shares last traded on Wall Street rose 13.43% to $203.18.
SNOW stock price is now 27.75% away from the 50-day moving average and 36.96% away from the 200-day moving average. The market capitalization of the company currently stands at $67.79B.
With the price target enhanced from $230 to $245, Monness Crespi & Hardt maintained Buy rating for Snowflake Inc (NYSE: SNOW). On April 02, 2025, Macquarie recently initiated its ‘Neutral’ rating on the stock quoting a target price of $160, while ‘Daiwa Securities’ rates the stock as ‘Buy’
In other news, Degnan Christopher William, Former Officer bought 2,396 shares of the company’s stock on May 22 ’25. The stock was bought for $482,655 at an average price of $201.44. An SEC document containing details of the transaction can be found on the SEC’s website. On May 22 ’25, Officer Kleinerman Christian bought 5,000 shares of the business’s stock. A total of $1,000,000 was incurred on buying the stock at an average price of $200.00. A total of 4.92% 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 1.12, a current ratio of 1.54, and a quick ratio of 1.75. The fifty day moving average price for SNOW is $159.0422 and a two-hundred day moving average price translates $148.3453 for the stock.
The latest earnings results from Snowflake Inc (NYSE: SNOW) was released for 2025-01-31. The net profit margin was -36.43% and return on equity was -40.16% 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.
