Professional
Added to YB: 2024-11-22
Pitch date: 2024-11-21
SNOW [bullish]
Snowflake Inc.
-14.64%
current return
Author Info
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Company Info
Snowflake Inc. provides a cloud-based data platform for various organizations in the United States and internationally.
Market Cap
$61.1B
Pitch Price
$175.00
Price Target
220.00 (+47%)
Dividend
N/A
EV/EBITDA
-56.62
P/E
-45.28
EV/Sales
12.62
Sector
IT Services
Category
growth
Show full summary:
Goldman Sachs Reiterates Conviction Buy on Snowflake, $220 Price Target
SNOW Buy $220 PT: Goldman bullish post-Q3. Mid-20s rev growth @ $4B scale, 25% FCF margin. Top-tier software co. Undervalued vs peers. Long runway in core + new products (AI, Unistore). Q3 beat, raised Q4 guide. NRR stable 127%. AI momentum: 3200 accounts +28% QoQ, Anthropic deal.
Read full article (1 min)