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Added to YB: 2024-11-14

Pitch date: 2024-11-13

SNOW [bullish]

Snowflake Inc.

+67.05%

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

$132.06

Price Target

220.00 (-0%)

Dividend

N/A

EV/EBITDA

-72.98

P/E

-65.73

EV/Sales

20.07

Sector

IT Services

Category

growth

Show full summary:
Goldman Sachs' Conviction Buy on Snowflake, $220 Price Target

SNOW: Goldman sees re-rating potential vs peers (12x Rule-of-50+) on core growth + AI upside. F3Q earnings (11/20) catalyst if +26-27% Product Rev growth, F4Q guide-up to +21-22%. FY26 Rev guide 20%+ expected. Upside from AI, non-AI products. Conviction Buy PT $220.

Read full article (1 min)