# Snowflake Inc. – Consensus ‘buy’ rating and 56.5% Upside Potential

- Link: https://www.directorstalkinterviews.com/snowflake-inc.consensus-buy-rating-and-56.5-upside-potential/4121163265
- Published: 2024-07-01T13:05:05+01:00
- Author: Charlotte Edwards

**Snowflake Inc.** with ticker code (SNOW) now have 36 market analysts covering 
the stock. The analyst consensus now points to a rating of ‘buy’. The target price
High/Low ranges between $600.00 and $125.00 calculating the mean target price we
have $209.55. Given that the stocks previous close was at $133.92 this would imply
there is now a potential upside of 56.5%. There is a 50 day moving average of $145.94
and the 200 moving average now moves to $169.01. The total market capitalization
for the company now stands at 45.23B. The current share price for the company is:
$135.09 USD

 The potential market cap would be $70,769,213,582 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of -, revenue per share of $9.12 and
a -9.98% return on assets.

Snowflake Inc. is a Data Cloud company. The Company’s platform is the technology
that powers the Data Cloud, enabling customers to consolidate data into a single
source of truth to drive meaningful business insights, build data applications, 
and share data and data products. Its platform unifies data and supports a variety
of workloads, including data warehousing, data lakes, and Unistore, as well as collaboration,
data engineering, cybersecurity, data science and machine learning, and application
development. The Company has developed technology across its platform, including
managed service, storage, query capabilities, compute model, data sharing, global
infrastructure, and integrated security. The Company also provides frictionless 
and governed data access so users can securely share data inside and outside of 
their organizations, generally without copying or moving the underlying data.

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