Snowflake (SNOW) - Stock Price & Dividends

Exchange: USA Stocks • Country: United States • Currency: USD • Type: Common Stock • ISIN: US8334451098

Snowflake Inc. is a leading provider of cloud-based data platforms that cater to various organizations across the globe. The company's Data Cloud solution allows customers to centralize their data for valuable business insights, develop data-focused applications, and collaborate on data and related products.

Originally founded as Snowflake Computing, Inc., the company underwent a rebranding in April 2019 to become Snowflake Inc. Established in 2012, Snowflake Inc. is headquartered in Bozeman, Montana, USA.

To learn more about Snowflake Inc. and its offerings, visit their official website: https://www.snowflake.com

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Drawdown (Underwater) Chart

Drawdown / Underwater Chart for Snowflake (SNOW) - Stock Price & Dividends

SNOW Stock Overview

Market Cap in USD 76,702m
Sector Technology
Industry Software - Application
GiC SubIndustry Internet Services & Infrastructure
TER 0.00%
IPO / Inception 2020-09-16

SNOW Stock Ratings

Fundamental -1.61
Dividend -
Growth 5y -0.53
Rel. Performance vs Sector 0.02
Analysts 3.98
Fair Price Total Ret. 262.83
Fair Price DCF 37.11

SNOW Dividends

Yield 12m 0.00%
Yield on Cost 5y 0.00%
Dividends CAGR 5y 0.00%
Payout Consistency 0.0%

SNOW Growth Ratios

Growth 12m 51.59%
Growth Correlation 12m 48%
Growth Correlation 3m 65%
CAGR 5y -2.33%
CAGR / Mean Drawdown -0.05
Sharpe Ratio 12m 0.92
Alpha vs SP500 12m 1.03
Beta vs SP500 5y weekly 1.84
CAPM 10.35%
Average Daily Range 2m 3.41%
Regime Oscillator 76.61
Volatility GJR Garch 1y 44.47%
Price / SMA 50 13.31%
Price / SMA 200 33.21%
Current Volume 4810.3k
Average Volume 20d 5286.6k

External Links for SNOW Stock

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What is the price of SNOW stocks?
As of February 28, 2024, the stock is trading at USD 234.03 with a total of 4,810,315 shares traded.
Over the past week, the price has changed by +6.34%, over one month by +15.56%, over three months by +37.42% and over the past year by +51.33%.
Why is SNOW stock down?
Check with which Index or Commodity SNOW has the highest Correlation, do they have a common driver?
Review the Fundamentals to find weaknesses (Debt, low returns). Check the Performance of the Peer-Group to find out, if the entire sector is under pressure.
Period Return SNOW Return S&P 500
1 Month 15.56% 4.00%
3 Months 37.42% 11.99%
12 Months 51.33% 29.39%
What is the forecast for SNOW stock price target?
According to ValueRays Forecast Model, SNOW Snowflake will be worth about 299.1 in February 2025. The stock is currently trading at 234.03. This means that the stock has a potential upside of +27.82%.
Issuer Forecast Upside
Wallstreet Target Price 221.6 -5.3%
Analysts Target Price 198.3 -15.3%
ValueRay Target Price 299.1 27.8%

Snowflake Inc.: A Comprehensive Overview

History

Founded in 2012 by Benoit Dageville, Thierry Cruanes, and Marcin Zukowski, Snowflake Inc. set out with a mission to reinvent cloud data warehousing. It turned heads by offering a fully managed service that runs on public clouds, including Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform. Snowflake officially launched its product to the public in 2014 and rapidly gained recognition for its scalable, flexible, and efficient data warehousing solutions. In September 2020, the company went public with a bang, marking one of the biggest software IPOs in history.

Core Business

At its heart, Snowflake's core business revolves around its cloud-based data platform. This innovative platform allows companies of all sizes to consolidate their data into a single, easily accessible repository. The platform supports a multitude of data workloads, including data warehousing, data lakes, data engineering, data science, and data application development. Its unique architecture separates compute and storage, enabling customers to scale resources independently, drastically improving performance and reducing costs.

Side Business

Besides its primary offerings, Snowflake has begun to expand its footprint into related areas. One notable side business is its Data Marketplace, where companies can share, discover, and securely access live and ready-to-use data. Another growing area is Snowflake's collaboration with industry partners to offer data sharing and interconnectivity services, enhancing customers' ability to leverage their data across various platforms and tools.

Current Market Status

As of the latest update, Snowflake continues to exhibit strong performance in the cloud data services market. Despite fierce competition from traditional companies and other cloud-native rivals, Snowflake has maintained a robust growth trajectory. Its market valuation, while subject to the fluctuations common to tech stocks, reflects investor confidence in its business model and growth prospects. The company has consistently reported impressive revenue growth, expanded its customer base, and increased its service offerings, highlighting its status as a key player in the evolving cloud data landscape.