SNOW - Snowflake Inc Stock Price, Fair Value and News

151.29USD+4.08 (+2.77%)Market Closed

Market Summary

USD151.29+4.08

Market Closed

2.77%

SNOW Alerts

1 major insider buys and 4 major insider sales recently.

Big jump in Revenue (Y/Y)
Losses in recent quarter

SNOW Stock Price

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SNOW RSI Chart

SNOW Valuation

Market Cap

50.6B

Price/Earnings (Trailing)

-60.47

Price/Sales (Trailing)

18.02

EV/EBITDA

-66.91

Price/Free Cashflow

62.19

SNOW Price/Sales (Trailing)

SNOW Profitability

EBT Margin

-30.26%

Return on Equity

-16.14%

Return on Assets

-10.17%

Free Cashflow Yield

1.61%

SNOW Fundamentals

SNOW Revenue

Revenue (TTM)

2.8B

Rev. Growth (Yr)

31.53%

Rev. Growth (Qtr)

5.52%

SNOW Earnings

Earnings (TTM)

-836.1M

Earnings Growth (Yr)

18.25%

Earnings Growth (Qtr)

20.96%

Breaking Down SNOW Revenue

Last 7 days

-3.1%

Last 30 days

-7.4%

Last 90 days

-28.4%

Trailing 12 Months

1.4%

How does SNOW drawdown profile look like?

SNOW Financial Health

Current Ratio

1.85

SNOW Investor Care

Shares Dilution (1Y)

4.85%

Diluted EPS (TTM)

-2.55

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	2.8B	0	0	0
2023	2.1B	2.3B	2.4B	2.6B
2022	1.2B	1.4B	1.6B	1.9B
2021	592.0M	712.1M	851.2M	1.0B
2020	264.7M	346.6M	428.4M	510.2M
2019	96.7M	0	0	180.7M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Snowflake Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 15, 2024	kleinerman christian	sold	-234,570	156	-1,500	evp, product management
Mar 25, 2024	ramaswamy sridhar	bought	5,000,040	158	31,542	chief executive officer
Mar 20, 2024	kleinerman christian	acquired	-	-	27,340	evp, product management
Mar 20, 2024	dageville benoit	acquired	-	-	9,114	president of products
Mar 20, 2024	ho emily	acquired	-	-	12,151	chief accounting officer
Mar 20, 2024	czajkowski grzegorz	acquired	-	-	27,340	evp, engineering and support
Mar 20, 2024	degnan christopher william	acquired	-	-	27,340	chief revenue officer
Mar 19, 2024	ho emily	acquired	51,400	12.85	4,000	chief accounting officer
Mar 19, 2024	ho emily	sold	-309,793	157	-1,968	chief accounting officer
Mar 18, 2024	kleinerman christian	sold (taxes)	-991,109	156	-6,314	evp, product management

Which funds bought or sold SNOW recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 22, 2024	StoneCrest Wealth Management, Inc.	reduced	-10.22	-125,030	336,451	0.29%
Apr 22, 2024	Vishria Bird Financial Group, LLC	added	2.8	-761,000	3,847,000	1.65%
Apr 22, 2024	EVERPAR ADVISORS LLC	sold off	-100	-294,719	-	-%
Apr 22, 2024	Forza Wealth Management, LLC	sold off	-100	-234,223	-	-%
Apr 22, 2024	MetLife Investment Management, LLC	added	0.07	883,976	3,795,920	0.03%
Apr 22, 2024	Chaney Capital Management, Inc.	sold off	-100	-378,697	-	-%
Apr 22, 2024	PFG Investments, LLC	added	116	293,393	679,851	0.04%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	reduced	-37.86	-29,129,900	29,671,800	0.02%
Apr 22, 2024	Bay Harbor Wealth Management, LLC	unchanged	-	-674	2,908	-%
Apr 22, 2024	IFM Investors Pty Ltd	added	1.12	-2,008,000	9,223,000	0.10%

Are Funds Buying or Selling SNOW?

Are funds buying SNOW calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SNOW

No. of Funds

SNOW Alerts

1 major insider buys and 4 major insider sales recently.
Big jump in Revenue (Y/Y)
Losses in recent quarter

Unveiling Snowflake Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	altimeter capital management, lp	4.71%	15,503,498	SC 13G/A
Feb 13, 2024	vanguard group inc	6.37%	20,988,690	SC 13G/A
Feb 14, 2023	iconiq strategic partners iii, l.p.	1.2%	3,764,547	SC 13G/A
Feb 09, 2023	vanguard group inc	5.51%	17,709,367	SC 13G/A
Jan 09, 2023	altimeter capital management, lp	4.78%	15,369,459	SC 13G/A
Dec 12, 2022	morgan stanley	4.4%	14,262,468	SC 13G/A
Feb 15, 2022	cruanes thierry	2.2%	6,777,667	SC 13G/A
Feb 15, 2022	dageville benoit	2.3%	7,338,686	SC 13G/A
Feb 15, 2022	slootman frank	4.0%	12,911,184	SC 13G/A
Feb 14, 2022	prudential financial inc	1.53%	0	SC 13G/A

Recent SEC filings of Snowflake Inc

View All Filings

Date Filed	Form Type	Document
Apr 17, 2024	4	Insider Trading
Apr 15, 2024	144	Notice of Insider Sale Intent
Mar 27, 2024	4	Insider Trading
Mar 26, 2024	10-K	Annual Report
Mar 26, 2024	S-8	Employee Benefits Plan
Mar 22, 2024	4	Insider Trading
Mar 22, 2024	4	Insider Trading
Mar 22, 2024	4	Insider Trading
Mar 22, 2024	4	Insider Trading
Mar 22, 2024	4	Insider Trading

Peers (Alternatives to Snowflake Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CRM	268.4B	34.9B	-11.03%	37.58%	64.89	7.7	11.18%	1888.46%
UBER	147.0B	37.3B	-14.00%	123.81%	77.89	3.94	16.95%	120.64%
ADSK	46.6B	5.3B	-17.40%	11.87%	50.83	8.72	9.15%	48.14%
ANSS	28.4B	2.3B	-6.96%	0.42%	56.68	12.5	9.90%	-4.45%
ZM	18.5B	4.5B	-9.76%	-6.97%	29.07	4.09	3.06%	514.65%
MID-CAP
APPF	7.8B	620.4M	-7.81%	61.45%	2.9K	12.6	31.48%	103.97%
LYFT	6.5B	4.4B	-17.01%	60.25%	-19.15	1.48	7.53%	78.52%
AYX	3.4B	970.0M	0.90%	-15.87%	-19.13	3.53	13.46%	43.89%
ALRM	3.3B	881.7M	-11.30%	34.18%	41.12	3.75	4.64%	44.42%
AI	2.7B	296.4M	-22.43%	7.58%	-9.91	9.08	11.14%	-3.59%
AGYS	2.3B	228.1M	6.24%	-1.37%	26.28	10.06	18.99%	599.09%
SMALL-CAP
AVID	1.2B	413.5M	0.63%	-1.64%	92.02	2.88	-1.65%	-71.35%
APPS	198.9M	572.4M	-27.34%	-84.98%	-1.01	0.35	-19.38%	-489.49%
ASUR	179.5M	119.1M	-14.97%	-52.60%	-19.48	1.51	24.27%	36.31%
AEYE	138.6M	31.3M	11.25%	83.87%	-23.6	4.43	4.69%	43.72%

Snowflake Inc News

Latest updates

Snowflake Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																			(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q1
Revenue	5.5%	774,699,000	734,173,000	674,018,000	623,599,000	589,012,000	557,028,000	497,248,000	422,371,000	383,774,000	334,441,000	272,198,000	228,914,000	190,465,000	159,624,000	133,145,000	108,815,000	90,913,500	73,012,000	-
Gross Profit	5.5%	532,895,000	505,225,000	455,626,000	414,185,000	383,355,000	366,307,000	324,016,000	274,441,000	249,594,000	213,655,000	166,077,000	131,568,000	107,561,000	92,943,000	82,699,000	66,258,000	-	43,523,000	-
Operating Expenses	5.6%	808,400,000	765,848,000	741,033,000	687,423,000	623,105,000	572,326,000	531,748,000	463,207,000	401,623,000	370,926,000	366,218,000	337,163,000	307,958,000	262,397,000	160,382,000	162,661,000	-	133,655,000	-
S&GA Expenses	1.9%	361,822,000	355,079,000	343,288,000	331,558,000	303,473,000	284,477,000	274,645,000	243,912,000	203,287,000	190,971,000	182,903,000	166,804,000	154,050,000	134,727,000	92,663,000	97,877,000	-	75,668,000	-
R&D Expenses	9.8%	364,476,000	332,065,000	313,996,000	277,412,000	242,125,000	211,387,000	183,748,000	150,798,000	123,149,000	115,900,000	118,087,000	109,796,000	93,997,000	74,138,000	36,533,000	33,278,000	-	27,669,000	-
EBITDA Margin	12.4%	-0.26	-0.30	-0.32	-0.34	-0.36	-0.37	-0.40	-0.45	-0.54	-0.71	-0.87	-0.89	-0.89	-0.67	-	-	-	-	-
Income Taxes	-226.7%	-4,299,000	3,392,000	-3,721,000	-6,605,000	372,000	4,009,000	3,846,000	-26,694,000	1,546,000	1,179,000	514,000	-251,000	1,342,000	433,000	531,000	-244,000	-	376,000	-
Earnings Before Taxes	17.6%	-174,211,000	-211,302,000	-231,041,000	-232,669,000	-207,112,000	-197,433,000	-218,960,000	-192,488,000	-130,607,000	-153,677,000	-189,205,000	-203,471,000	-197,593,000	-168,456,000	-77,103,000	-93,888,000	-	-87,681,000	-
EBT Margin	10.1%	-0.30	-0.34	-0.36	-0.38	-0.40	-0.40	-0.42	-0.47	-0.56	-0.73	-0.89	-0.91	-0.91	-0.68	-	-	-	-	-
Net Income	21.0%	-169,352,000	-214,251,000	-226,867,000	-225,627,000	-207,169,000	-200,936,000	-222,806,000	-165,794,000	-132,153,000	-154,856,000	-189,719,000	-203,220,000	-198,935,000	-168,889,000	-77,634,000	-93,644,000	-	-88,057,000	-
Net Income Margin	10.7%	-0.30	-0.33	-0.35	-0.38	-0.39	-0.39	-0.41	-0.45	-0.56	-0.73	-0.89	-0.91	-0.91	-0.68	-	-	-	-	-
Free Cashflow	195.6%	331,508,000	112,161,000	76,893,000	292,474,000	211,954,000	70,772,000	60,585,000	177,200,000	74,886,000	13,256,000	-9,608,000	15,424,000	8,595,000	-37,024,000	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet															(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q1
Assets	13.2%	8,223	7,264	7,510	7,447	7,722	7,156	7,064	7,023	6,650	6,163	6,032	5,929	5,922	5,713	1,013
Current Assets	16.9%	5,039	4,312	4,405	4,570	4,985	4,559	4,504	4,342	4,599	4,308	4,508	4,221	4,301	4,987	665
Cash Equivalents	79.5%	1,763	982	755	653	940	819	907	1,063	1,086	935	699	645	835	3,940	142
Net PPE	14.4%	247	216	194	176	161	146	130	119	105	94.00	84.00	77.00	69.00	54.00	27.00
Goodwill	24.4%	976	784	63.00	711	657	649	503	503	8.00	8.00	8.00	8.00	8.00	8.00	7.00
Liabilities	30.5%	3,033	2,324	2,212	2,149	2,254	1,732	1,638	1,565	1,601	1,157	1,067	971	985	745	621
Current Liabilities	34.4%	2,731	2,033	1,913	1,888	1,994	1,479	1,401	1,364	1,397	959	876	777	789	548	416
Shareholder's Equity	5.1%	5,180	4,930	5,298	5,298	5,456	5,423	5,426	5,458	5,049	5,007	4,965	4,958	4,936	4,968	-
Retained Earnings	-4.3%	-4,075	-3,906	-3,291	-3,065	-2,716	-2,508	-2,307	-2,085	-1,919	-1,787	-1,632	-1,442	-1,239	-1,040	-700
Additional Paid-In Capital	4.5%	9,331	8,932	8,679	8,450	8,211	7,989	7,782	7,590	6,985	6,797	6,596	6,401	6,175	6,008	155
Shares Outstanding	-0.4%	328	329	327	324	319	318	316	314	300	303	298	291	142	94.00	-
Minority Interest	-5.2%	10.00	11.00	11.00	12.00	12.00	12.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	56,600	-	-	-	46,200	-	-	-	76,100	-	-	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																			(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q1
Cashflow From Operations	185.0%	345	121	83.00	299	217	79.00	64.00	185	79.00	16.00	-6.11	22.00	20.00	-19.75	-38.68	-6.59	-	-	-
Share Based Compensation	2.4%	305	298	300	265	251	229	209	172	146	144	164	151	144	119	18.00	20.00	-	-	-
Cashflow From Investing	-8.5%	523	571	101	-362	-64.78	-146	-196	-189	36.00	171	36.00	-264	-3,161	-433	-269	-172	-	-	-
Cashflow From Financing	80.7%	-88.63	-459	-82.16	-223	-40.08	-18.32	-22.37	-11.85	36.00	50.00	24.00	68.00	22.00	4,254	9.00	489	-	-	-
Buy Backs	-100.0%	-	400	-	192	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

SNOW Income Statement

2024-01-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands

12 Months Ended

Jan. 31, 2024

Jan. 31, 2023

Jan. 31, 2022

Income Statement [Abstract]

Revenue

$ 2,806,489

$ 2,065,659

$ 1,219,327

Cost of revenue

898,558

717,540

458,433

Gross profit

1,907,931

1,348,119

760,894

Operating expenses:

Sales and marketing

1,391,747

1,106,507

743,965

Research and development

1,287,949

788,058

466,932

General and administrative

323,008

295,821

265,033

Total operating expenses

3,002,704

2,190,386

1,475,930

Operating loss

(1,094,773)

(842,267)

(715,036)

Interest income

200,663

73,839

9,129

Other income (expense), net

44,887

(47,565)

28,947

Loss before income taxes

(849,223)

(815,993)

(676,960)

Provision for (benefit from) income taxes

(11,233)

(18,467)

2,988

Net loss

(837,990)

(797,526)

(679,948)

Less: net loss attributable to noncontrolling interest

(1,893)

(821)

Net loss attributable to Snowflake Inc.

$ (836,097)

$ (796,705)

$ (679,948)

Net loss per share attributable to Snowflake Inc. Class A and Class B common stockholders—basic (in dollars per share)

^[1]

$ (2.55)

$ (2.50)

$ (2.26)

Net loss per share attributable to Snowflake Inc. Class A and Class B common stockholders—diluted (in dollars per share)

^[1]

$ (2.55)

$ (2.50)

$ (2.26)

Weighted-average shares used in computing net loss per share attributable to Snowflake Inc. Class A and Class B common stockholders—basic (in shares)

^[1]

328,001

318,730

300,273

Weighted-average shares used in computing net loss per share attributable to Snowflake Inc. Class A and Class B common stockholders—diluted (in shares)

^[1]

328,001

318,730

300,273

[1]

On March 1, 2021, all shares of the Company’s then-outstanding Class B common stock were automatically converted into the same number of shares of Class A common stock, pursuant to the terms of the Company’s amended and restated certificate of incorporation. No additional shares of Class B common stock will be issued following such conversion. See Note 11, “Equity,” for further details.

SNOW Balance Sheet

2024-01-31

CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands

Jan. 31, 2024

Jan. 31, 2023

Current assets:

Cash and cash equivalents

$ 1,762,749

$ 939,902

Short-term investments

2,083,499

3,067,966

Accounts receivable, net

926,902

715,821

Deferred commissions, current

86,096

67,901

Prepaid expenses and other current assets

180,018

193,100

Total current assets

5,039,264

4,984,690

Long-term investments

916,307

1,073,023

Property and equipment, net

247,464

160,823

Operating lease right-of-use assets

252,128

231,266

Goodwill

975,906

657,370

Intangible assets, net

331,411

186,013

Deferred commissions, non-current

187,093

145,286

Other assets

273,810

283,851

Total assets

8,223,383

7,722,322

Current liabilities:

Accounts payable

51,721

23,672

Accrued expenses and other current liabilities

446,860

269,069

Operating lease liabilities, current

33,944

27,301

Deferred revenue, current

2,198,705

1,673,475

Total current liabilities

2,731,230

1,993,517

Operating lease liabilities, non-current

254,037

224,357

Deferred revenue, non-current

14,402

11,463

Other liabilities

33,120

24,370

Total liabilities

3,032,789

2,253,707

Commitments and contingencies (Note 10)

Stockholders’ equity:

Preferred stock; $0.0001 par value per share; 200,000 shares authorized, zero shares issued and outstanding as of each January 31, 2024 and 2023

Common stock; $0.0001 par value per share; 2,500,000 Class A shares authorized, 334,453 and 323,305 shares issued and outstanding as of January 31, 2024 and 2023, respectively (excluding 200 shares and zero shares of treasury stock held by a wholly-owned subsidiary as of January 31, 2024 and 2023, respectively(1)); 185,461 Class B shares authorized, zero shares issued and outstanding as of each January 31, 2024 and 2023

^[1]

Treasury stock, at cost; 492 shares and zero shares held as of January 31, 2024 and 2023, respectively

(67,140)

Additional paid-in capital

9,331,238

8,210,750

Accumulated other comprehensive loss

(8,220)

(38,272)

Accumulated deficit

(4,075,604)

(2,716,074)

Total Snowflake Inc. stockholders’ equity

5,180,308

5,456,436

Noncontrolling interest

10,286

12,179

Total stockholders’ equity

5,190,594

5,468,615

Total liabilities and stockholders’ equity

$ 8,223,383

$ 7,722,322

[1]

In connection with a business combination completed on December 20, 2023, the Company issued approximately 0.2 million shares of its Class A common stock to one of its wholly-owned subsidiaries, in exchange for a noncontrolling equity interest in the acquired company that was held by the subsidiary prior to this business combination. These shares are treated as treasury stock for accounting purposes. See Note 7, “Business Combinations,” for further details.

About Snowflake Inc

Snowflake Inc. provides a cloud-based data platform for various organizations in the United States and internationally. Its platform offers Data Cloud, which enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data-driven applications, and share data and data products. The company was formerly known as Snowflake Computing, Inc. and changed its name to Snowflake Inc. in April 2019. Snowflake Inc. was incorporated in 2012 and is based in Bozeman, Montana.

CEO	Mr. Frank Slootman
WEBSITE	snowflake.com
INDUSTRY	Software - Apps
EMPLOYEES	6659

Snowflake Inc Frequently Asked Questions

What is the ticker symbol for Snowflake Inc? What does SNOW stand for in stocks?

SNOW is the stock ticker symbol of Snowflake Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Snowflake Inc (SNOW)?

As of Mon Apr 22 2024, market cap of Snowflake Inc is 49.2 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SNOW stock?

You can check SNOW's fair value in chart for subscribers.

What is the fair value of SNOW stock?

You can check SNOW's fair value in chart for subscribers. The fair value of Snowflake Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Snowflake Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SNOW so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Snowflake Inc a good stock to buy?

The fair value guage provides a quick view whether SNOW is over valued or under valued. Whether Snowflake Inc is cheap or expensive depends on the assumptions which impact Snowflake Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SNOW.

What is Snowflake Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 22 2024, SNOW's PE ratio (Price to Earnings) is -58.84 and Price to Sales (PS) ratio is 17.53. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SNOW PE ratio will change depending on the future growth rate expectations of investors.