SNOW Stock Analysis & Forecast (2026)

$325.80
Current Price
51%
Hold
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Data refreshed: August 31, 2026

Key Financial Metrics

Market Cap
$112.92B
P/E Forward
120.4x
Revenue Growth
33.5%
Gross Margin
67.1%
Net Margin
-23.8%
Return on Equity
-54.9%
Debt/Equity
1.43

AI Analysis Summary

Snowflake Inc. (SNOW) is a Technology company in the Software - Application industry with a 51% Hold Score. Key strengths include Revenue Growth (33.5%), Gross Margin (67.1%). Areas to watch: Net Margin (-23.8%), Return on Equity (-54.9%). The score on this page is a five-factor screen — revenue growth, gross margin, net margin, return on equity and debt-to-equity — each scored against fixed thresholds from a neutral starting point of 50%. The eight-section analysis, including moat, free cash flow, dilution and valuation, runs in the full report.

Revenue Growth: Strong Gross Margin: Excellent Net Margin: Negative Return on Equity: Negative Debt/Equity: High Risk

This analysis is generated by StrongBuyAnalytics AI using publicly available financial data from SEC filings, earnings reports, and market feeds. It is not personalized investment advice. See our methodology and disclaimer.

Why SNOW Has a 51% Score

4 of the inputs in our model moved SNOW's score away from the neutral baseline of 50%, landing it at 51% (Hold). Each one below is a specific figure from Snowflake Inc.'s reported financials, not a judgement call:

Recent Catalysts for SNOW

2 data points sit outside the score itself but bear on Snowflake Inc.'s next few quarters. They are reported here as observations, not predictions:

Analyst consensus recommendation: Buy.
Institutional ownership at 82.3% — strong smart-money backing.

SNOW vs. ADBE, NOW, UBER, CRM

Compared against other Software - Application companies we cover, picked for having a similar market capitalisation to SNOW.

Ticker Price Market Cap P/E Rev Growth Net Margin ROE
SNOW $325.80 $112.92B 33.5% -23.8% -54.9%
ADBE $291.54 $115.89B 16.7x 12.7% 28.7% 63.0%
NOW $148.58 $153.61B 92.3x 24.0% 11.3% 14.2%
UBER $76.23 $155.70B 16.7x 12.2% 17.3% 37.2%
CRM $260.71 $214.56B 23.9x 10.8% 22.0% 19.4%

Main Risks for SNOW Investors

6 measurable risks showed up in Snowflake Inc.'s numbers. This is not a complete list of what could go wrong — only what is visible in the data we score:

Net Margin (-23.8%)
Return on Equity (-54.9%)
Debt/Equity (1.43)
High beta of 1.31 means the stock is 31% more volatile than the market — expect larger drawdowns in corrections.
Short interest is elevated with a 3.9-day cover ratio, indicating bearish bets against the stock.
High leverage amplifies downside risk if revenue softens or interest rates rise.

SNOW Balance Sheet & Cash Flow

Snowflake Inc.'s liquidity and cash generation as of the most recent filing — note the cash position of $2.95B against $2.77B of debt:

Total Cash
$2.95B
Total Debt
$2.77B
Current Ratio
1.05
FCF Yield
1.5%
EBITDA
$-1,126,667,008
Operating Margin
-22.2%

Figures are drawn from Snowflake Inc.'s most recent balance sheet and cash flow statement as filed with the SEC. See the filings themselves.

SNOW Valuation Snapshot

Forward P/E
120.4x
Price / Book
58.2x
High intangible value
PEG Ratio
8.31
Expensive vs growth
Analyst Target (Mean)
$327.85
Range: $110 – $500
52-Week Price Range — SNOW is trading at 93% of its range
$118.30 (52W Low) $341.95 (52W High)

Who Holds SNOW? — Institutional 13F Filings

Institutional investment managers with >$100 M in qualifying assets must disclose their equity positions quarterly on SEC Form 13F — typically within 45 days of quarter-end. Search those filings below to see which hedge funds, mutual funds, and asset managers reported SNOW as a holding, how many shares they held, and how positions changed quarter over quarter.

Search 13F Filings for SNOW Free · no sign-in required · live SEC EDGAR data
What you see free
Which institutions reported SNOW, share counts, reported values, and direct links to the SEC filing.
Research Pro adds
Full manager portfolios — every position a fund holds, quarter-over-quarter changes, and concentration weights.
Data limitation
13F shows long equity positions as of the filing date. Short positions, full derivatives, and current intent are not disclosed.

Is SNOW a Buy Right Now?

We do not answer that question for you, and we do not publish buy or sell calls. What we publish is a score: SNOW rates 51% on our five-factor fundamentals screen, which puts it in the "Hold" band. Everything below explains how it got there so you can disagree with it.

51% · Hold band

Snowflake Inc. clears some of our thresholds and misses others. On the positive side, revenue growth (33.5%). Against that, net margin (-23.8%). A middling score means the fundamentals are genuinely ambiguous, not that we have hedged.

SNOW Earnings & Revenue Outlook

Snowflake Inc. reported revenue growth of 33.5% year over year, against a Software - Application peer set where scale and pricing power vary widely. Growth at that level is the single largest positive contributor to the SNOW score.

Track upcoming report dates on our earnings calendar.

SNOW Stock Forecast (Next 3–12 Months)

This is a fundamentals outlook, not a price target — we do not publish one. It describes what Snowflake Inc.'s current financials imply about the next three to twelve months if the trends in them hold.

Mixed: Revenue growth of 33.5% sits alongside net margin (-23.8%). On the fundamentals alone there is no strong case in either direction for SNOW at present.

Bull Case for SNOW

These are the Snowflake Inc. figures that push the score up, taken straight from the most recent reported financials:

  • Revenue Growth (33.5%)
  • Gross Margin (67.1%)

Bear Case & Risks for SNOW

These are the figures working against SNOW in the same model:

  • Net Margin (-23.8%)
  • Return on Equity (-54.9%)
  • Debt/Equity (1.43)

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Guides to the specific measures used in this SNOW analysis:

Fundamental Analysis Guide

How the financial statements behind this page fit together.

Understanding P/E Ratio

What SNOW's forward multiple does and does not tell you.

Return on Equity (ROE)

Why SNOW's -54.9% return on equity matters for stock selection.

Stock Valuation Methods

How DCF, multiples and asset-based approaches value a company like Snowflake Inc..

How to Read Earnings Reports

Where the SNOW growth and margin figures on this page come from.

What Are Demand Zones?

The technical side we deliberately keep out of the SNOW score.

Related Tools for SNOW

Demand Zone Analyzer SNOW Live Chart SNOW SEC Filing News Earnings Calendar Institutional Ownership Sector Scanner Average Down Calculator

SNOW SEC Filing News

Latest SEC filings for SNOW explained in plain English — insider buys/sells (Form 4), proposed sales (Form 144), material events (8-K), and quarterly & annual reports.

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View all SNOW SEC Filing News →

Frequently Asked Questions about SNOW

Is SNOW a good buy right now?
We do not issue buy or sell calls. SNOW has a Strong Buy Score of 51% (Hold), which is a fundamentals rating, not a recommendation. That is a middling result: SNOW has real strengths alongside metrics that drag the score down. The score is helped most by revenue growth (33.5%). It is held back most by net margin (-23.8%). Read how scores work to see what each input contributes.
What is the SNOW stock forecast for 2026?
We publish a fundamentals outlook rather than a price target. For 2026 the SNOW view rests on revenue growth of 33.5% and a net margin of -23.8%, which together produce the 51% Strong Buy Score. Our methodology explains how those inputs are weighted.
What are key support and resistance levels for SNOW?
Support and resistance are technical levels, so they are not part of the fundamentals score. You can see current SNOW demand zones (support) and supply zones (resistance) on our demand zones page. With SNOW at $325.80, the tool shows how far the stock sits from the nearest zone.
Which companies are SNOW's closest peers?
On this page SNOW is compared with ADBE, NOW, UBER, CRM. Compared against other Software - Application companies we cover, picked for having a similar market capitalisation to SNOW. The table puts SNOW's a gross margin of 67.1%, an ROE of -54.9%, a debt-to-equity ratio of 1.43 next to the same figures for each peer.
What is Snowflake Inc.'s market cap and P/E ratio?
As of August 31, 2026, Snowflake Inc. (SNOW) has a market cap of $112.92B and a forward P/E of 120.4x. Valuation is one of the inputs to the Strong Buy Score, alongside growth, margins, capital efficiency and balance-sheet strength.
Where does the SNOW data on this page come from?
Company financials come from Snowflake Inc.'s own filings with the SEC, with prices and consensus estimates from market data feeds; the figures on this page were last refreshed on August 31, 2026. Our data sources page lists every provider and how often each one is updated.
Is the SNOW analysis PDF report free?
Your first SNOW report is free and does not require a card. The score on this page is a five-factor screen; the report runs the deeper eight-section analysis, adding moat, free cash flow, share dilution and valuation work that is not on this page. Further reports are covered by a subscription; see pricing for the current plans.

This SNOW analysis is for educational and informational purposes only and does not constitute financial advice. All data is sourced from public filings and market feeds. Past performance does not guarantee future results. Read our full disclaimer.