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Added to YB: 2025-01-07

Pitch date: 2025-01-06

SNOW [bullish]

Snowflake Inc.

-1.11%

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

$48.7B

Pitch Price

$167.40

Price Target

208.00 (+26%)

Dividend

N/A

EV/EBITDA

-38.79

P/E

-35.74

EV/Sales

9.96

Sector

IT Services

Category

growth

Show full summary:
Piper Sandler Boosts Snowflake (SNOW) Price Target to $208

SNOW: Piper Sandler raises PT to $208. CIO survey supports increased enterprise investments in core & AI workloads. $4B run-rate, 25%+ FCF margin. New CEO & products could boost 2H recovery. PT based on 32x CY29E EV/FCF, discounted 3yrs at 14%. Top AI pick with MSFT & CRM.

Read full article (1 min)