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Added to YB: 2024-10-04

Pitch date: 2024-10-03

SNOW [bullish]

Snowflake Inc.

+94.56%

current return

Author Info

No bio for this author

Company Info

Snowflake Inc. provides a cloud-based data platform for various organizations in the United States and internationally.

Market Cap

$89.8B

Pitch Price

$112.01

Price Target

175.00 (-20%)

Dividend

N/A

EV/EBITDA

-72.98

P/E

-65.73

EV/Sales

20.07

Sector

IT Services

Category

growth

Show full summary:
Snowflake: DA Davidson Reiterates $175 Target—Sees Strong Long-Term Upside

SNOW: DA Davidson reiterates BUY, $175 PT. Best-in-class software co. near all-time lows. Gen AI & cloud shift tailwinds support 20%+ growth for years. Now trades <30x CY25 FCF, growing >20% CY25. Valuation attractive despite self-inflicted wounds overshadowing long-term story.

Read full article (1 min)