Professional
Added to YB: 2024-11-22
Pitch date: 2024-11-21
SNOW [bullish]
Snowflake Inc.
+2.4%
current return
Author Info
No bio for this author
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
Snowflake Inc. provides a cloud-based data platform for various organizations in the United States and internationally.
Market Cap
$65.9B
Pitch Price
$175.00
Price Target
220.00 (+23%)
Dividend
N/A
EV/EBITDA
-55.55
P/E
-47.80
EV/Sales
14.64
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)