FY2026 Earnings Estimate for Snowflake Issued By Scotiabank

Snowflake Inc. (NYSE:SNOW) – Scotiabank issued their FY2026 earnings per share (EPS) estimates for Snowflake in a research report issued on Wednesday, January 8th. Scotiabank analyst P. Colville expects that the company will post earnings per share of ($2.33) for the year. Scotiabank currently has a “Sector Outperform” rating and a $220.00 target price on the stock. The consensus estimate for Snowflake’s current full-year earnings is ($2.36) per share.

Several other equities analysts have also issued reports on the company. Rosenblatt Securities reiterated a “buy” rating and issued a $180.00 price target on shares of Snowflake in a research note on Tuesday, November 19th. Needham & Company LLC lifted their price target on Snowflake from $160.00 to $200.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. Barclays lifted their price target on Snowflake from $172.00 to $190.00 and gave the company an “equal weight” rating in a research note on Friday, December 6th. Royal Bank of Canada lifted their price target on Snowflake from $175.00 to $188.00 and gave the company an “outperform” rating in a research note on Thursday, November 21st. Finally, Jefferies Financial Group lifted their price target on Snowflake from $180.00 to $200.00 and gave the company a “buy” rating in a research note on Monday, December 16th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and twenty-seven have issued a buy rating to the company’s stock. According to MarketBeat, Snowflake currently has an average rating of “Moderate Buy” and a consensus price target of $187.11.

Snowflake Price Performance

Snowflake stock opened at $161.16 on Thursday. The stock’s fifty day moving average price is $154.55 and its two-hundred day moving average price is $133.42. Snowflake has a one year low of $107.13 and a one year high of $237.72. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.88 and a quick ratio of 1.88. The firm has a market cap of $53.20 billion, a PE ratio of -47.54 and a beta of 1.05.

Institutional Investors Weigh In On Snowflake

Several institutional investors have recently made changes to their positions in the stock. Groupama Asset Managment bought a new position in shares of Snowflake in the third quarter worth $25,000. V Square Quantitative Management LLC bought a new position in shares of Snowflake in the third quarter worth $30,000. Fortitude Family Office LLC bought a new position in shares of Snowflake in the third quarter worth $34,000. Larson Financial Group LLC increased its holdings in shares of Snowflake by 81.3% in the third quarter. Larson Financial Group LLC now owns 339 shares of the company’s stock worth $39,000 after purchasing an additional 152 shares during the period. Finally, Waldron Private Wealth LLC bought a new position in shares of Snowflake in the third quarter worth $40,000. Hedge funds and other institutional investors own 65.10% of the company’s stock.

Insiders Place Their Bets

In related news, Director Frank Slootman sold 1,712 shares of the company’s stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $179.00, for a total value of $306,448.00. Following the transaction, the director now owns 205,965 shares in the company, valued at approximately $36,867,735. This represents a 0.82 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Christian Kleinerman sold 558 shares of the company’s stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of $179.00, for a total value of $99,882.00. Following the completion of the transaction, the executive vice president now owns 690,647 shares in the company, valued at approximately $123,625,813. The trade was a 0.08 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 376,904 shares of company stock valued at $62,545,855. Corporate insiders own 7.80% of the company’s stock.

About Snowflake

Snowflake Inc provides a cloud-based data platform for various organizations in the United States and internationally. Its platform offers Data Cloud, which enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data-driven applications, and share data and data products, as well as applies artificial intelligence (AI) for solving business problems.