Snowflake Inc. ($SNOW) has seen significant market activity recently, with its stock price rising by 10% from previous lows and an additional 5% today. This surge follows Goldman Sachs' addition of Snowflake to its Americas Conviction List, assigning a Buy rating and a $220 price target. Goldman Sachs analysts highlight Snowflake's strategic positioning in data storage and analytics, as well as its potential in AI use cases. The company's new CEO aims to accelerate product development, which is expected to drive both top-line growth and high free cash margins. Snowflake's RPO growth accelerated to 46% in F1Q25 from 31% in F1Q24, indicating growing strategic commitments. Despite trading 69% below its all-time highs, Snowflake remains valued at 140x earnings and 15x sales. Additionally, traders reported profits of 250%+ and noted the stock is up 16% since it was most criticized.
$SNOW up another 5% today after being added to Goldman's Tactical list, & up +14% since I mentioned this on Discord. https://t.co/RmZQRSzjJg https://t.co/wWsX866KOJ
$snow is 16% up since it was hated the most - just saying.
$SNOW Top FCF margin at a compelling risk-reward. SNOW provides a rare combination of both growth and profitability that Rangan believes is underappreciated by the market. On a ‘Rule of’ basis (Revenue growth + FCF Margin), Snowflake operated at a Rule of 64 in FY24 and current…
$SNOW 123 to 142 now. Wow. https://t.co/WorBFZjvV6
$SNOW Goldman’s Rangan believes Snowflake is better positioned to outperform Street expectationsfollowing the C-suite transition and re-set expectations. Additionally, accelerating RPO growth (+46% in F1Q25 vs. +31% in F1Q24) suggests growing strategic commitments and the…
$SNOW Goldman’s Rangan believes Snowflake is better positioned to outperform Street expectations following the C-suite transition and re-set expectations. Additionally, accelerating RPO growth (+46% in F1Q25 vs. +31% in F1Q24) suggests growing strategic commitments and the…
$SNOW Friday high 135.73 and today's low 135.73. Next level on radar if price wants more 140ish, 142ish. updated chart https://t.co/w3AHOw05Cz
Goldman Sachs today added Snowflake $SNOW, Global-E $GLBE and Fox $FOXA were added to Goldman Sachs America's Conviction List on Monday
FOXA, GLBE, and SNOW added to Goldman's Americas Conviction list; 2 stocks removed https://t.co/fdmM8l4fyd https://t.co/xFfk14oyBF
$SNOW $MNDY $GLBE $QTRX Goldman Sachs reiterates Snowflake as buy Goldman added the stock to its July conviction list. “We add Fox Corp (FOXA), Global-E Online (GLBE) and Snowflake (SNOW) to the Americas Conviction List, while removing https://t.co/WkzogC7a8A (MNDY) and…
$SNOW $GLBE Goldman Sachs Adds to US Conviction List SNOW’s new CEO’s strategy to accelerate product development will increase velocity and customer consumption which will culminate in a rare combination of fast top-line growth and high free cash margins that SNOW’s current…
$SNOW $FOXA $GLBE FOXA, GLBE, and SNOW added to Goldman's Americas Conviction list; 2 stocks removed ( $MNDY $QTRX ) https://t.co/hy20mKl2P8
$SNOW $GLBE Goldman Sachs Adds to US Conviction List
Goldman Sachs Adds Snowflake to Americas Conviction List with Buy Rating and $220 PT
Goldman Sachs Adds Snowflake to Americas Conviction List with Buy Rating and $220 PT Goldman Sachs sees an attractive entry point for $SNOW, focusing on data storage and analytics. Analysts highlight increasing use cases for Snowflake's data, enabling the next phase of the AI…
$SNOW Watch out! Price can cut through that volume gap like butter.🧈 Already trading -69% off ATHs, Snowflake trades at 140x earnings and 15x sales. Is the valuation too rich? ☃️ https://t.co/gitdCJm6St
$SNOW: Alerted this on Discord yesterday. The stock is now up +10% from the lows. https://t.co/IuFzY3I4dc
$SNOW RSI Divergence playing out nicely ☃️ https://t.co/QOsnpwVlSS
$SNOW locked all for profits 250%+ https://t.co/gyuVVrOvHL
$SNOW updated chart https://t.co/ig5NuUOXbi https://t.co/b9t9Askutk
$SNOW moving!!! https://t.co/GmYHTI3K4i
$SNOW over yesterday high
$SNOW eye on this