Snowflake (SNOW) - Stock Price & Dividends

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

Data, Cloud, Analytics, Platform

Snowflake Inc. is a leading cloud-based data platform that empowers organizations worldwide to unlock the full potential of their data. By consolidating data into a single source of truth, customers can gain meaningful business insights, build data-driven applications, and share data and data products seamlessly.

The platform leverages artificial intelligence (AI) to solve complex business problems, enabling organizations to make data-driven decisions and drive innovation. With Snowflake's cutting-edge technology, businesses can break down data silos, accelerate analytics, and uncover new opportunities.

Founded in 2012 and headquartered in Bozeman, Montana, Snowflake Inc. has established itself as a pioneer in the data cloud space. The company, formerly known as Snowflake Computing, Inc., rebranded as Snowflake Inc. in April 2019, marking a new era of growth and innovation.

Today, Snowflake Inc. continues to push the boundaries of data analytics, providing a scalable, secure, and flexible platform for organizations of all sizes. With its commitment to innovation and customer success, Snowflake Inc. is revolutionizing the way businesses interact with their data.

Learn more about Snowflake Inc. and its data cloud platform at https://www.snowflake.com.

Drawdown (Underwater) Chart

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

Overall Trend and Yearly Seasonality

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

SNOW Stock Overview

Market Cap in USD 45,843m
Sector Technology
Industry Software - Application
GiC SubIndustry Internet Services & Infrastructure
TER 0.00%
IPO / Inception 2020-09-16

SNOW Stock Ratings

Growth 5y -39.4
Fundamental -10.5
Dividend -
Rel. Performance vs Sector -6.36
Analysts 4.11/5
Fair Price Momentum 109.95 USD
Fair Price DCF 49.39 USD

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 -27.03%
Growth Correlation 12m -8%
Growth Correlation 3m -31%
CAGR 5y -16.19%
CAGR/Mean DD 5y -0.36
Sharpe Ratio 12m -0.72
Alpha vs SP500 12m -70.38
Beta vs SP500 5y weekly 1.79
ValueRay RSI 27.05
Volatility GJR Garch 1y 35.41%
Price / SMA 50 -12.89%
Price / SMA 200 -23.28%
Current Volume 6477.6k
Average Volume 20d 8693.5k

External Links for SNOW Stock

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What is the price of SNOW stocks?
As of June 18, 2024, the stock is trading at USD 130.67 with a total of 6,477,642 shares traded.
Over the past week, the price has changed by +3.08%, over one month by -19.27%, over three months by -16.40% and over the past year by -29.05%.
What are the forecast for SNOW stock price target?
According to ValueRays Forecast Model, SNOW Snowflake will be worth about 125 in June 2025. The stock is currently trading at 130.67. This means that the stock has a potential downside of -4.36%.
Issuer Forecast Upside
Wallstreet Target Price 216.2 65.4
Analysts Target Price 198.3 51.7
ValueRay Target Price 125 -4.36

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.