Reading the tape
NYSE: SNOW
Snowflake Inc.
Technology · Software - Application
Market Cap
$46.83B
52w High
$280.67
52w Low
$118.30
P/E
-34.82
Volume
8.53M
Outstanding Shares
345.70M
Price vs Fundamentals
Why The Stock Is Moving
Mixed / unclearLow confidence
1Y Price: -6.28%Revenue (TTM): 29.16%FCF (TTM): 22.64%P/FCF: 0th pct
What changed
The stock fell 6.28% over the last year. Revenue grew 29.16% over the trailing twelve months. Operating margin moved from -40.15% to -30.64%. Free cash flow grew 22.64% over the trailing twelve months.
What the market seems to be pricing
The stock has moved lower against modestly improving underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at -30.64%. A decisive move in revenue — currently up 29.16% — would be the clearest signal to resolve the ambiguity.
Company profile
Snowflake Inc. provides a cloud-based data platform in the United States and internationally.
CEOSridhar Ramaswamy
SectorTechnology
IndustrySoftware - Application
Employees7,834
IPO dateSep 16, 2020
Valuation
Forward P/E—
EV/EBITDA-59.96
Enterprise value$64.95B
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Revenue growth30.12%
Gross margin67.17%▲1.00%vs FY2025
Operating margin-30.64%▲23.69%vs FY2025
ROE-69.21%▼61.49%vs FY2025
Analyst consensus
RatingBuy
Target price$244.57▲80.53%
39
Buy
10
Hold
1
Sell
⚠ Analyst ratings tend to be lagging indicators — upgrades often follow price gains rather than precede them. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 20, 2026
Q2 FY26 · EPS est $0.33 · Revenue est $1.32B
View
Reported EPS · Q1 '26 · 4 beats in the last 4 quarters
Beat by 17.4%Actual $0.32 · Estimate $0.27 · Vs prev actual Q4 '25 -$0.03 (-8.6%)
Actual
Estimate
Beat
Miss
In line