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Snowflake Inc. Stock Research

SNOW

134.97USD-1.56(-1.14%)Market Closed

Market Summary

USD134.97-1.56
Market Closed
-1.14%

SNOW Alerts

SNOW Stock Price

SNOW RSI Chart

SNOW Valuation

Market Cap

43.2B

Price/Earnings (Trailing)

-59.87

Price/Sales (Trailing)

23.23

EV/EBITDA

-61.45

Price/Free Cashflow

112.69

SNOW Price/Sales (Trailing)

SNOW Profitability

EBT Margin

-39.75%

Return on Equity

-13.34%

Return on Assets

-10.09%

Free Cashflow Yield

0.89%

SNOW Fundamentals

SNOW Revenue

Revenue (TTM)

1.9B

Revenue Y/Y

66.55%

Revenue Q/Q

12.02%

SNOW Earnings

Earnings (TTM)

-721.7M

Earnings Y/Y

-29.76%

Earnings Q/Q

9.82%

Price Action

52 Week Range

110.27246.52
(Low)(High)

Last 7 days

-1.7%

Last 30 days

-9.4%

Last 90 days

-1.4%

Trailing 12 Months

-40.0%

SNOW Financial Health

Current Ratio

3.08

SNOW Investor Care

Shares Dilution (1Y)

5.65%

Diluted EPS (TTM)

-2.28

Peers (Alternatives to Snowflake)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.5T
387.5B
7.62% -7.52%
26.35
6.47
2.44% -5.35%
2.1T
204.1B
11.55% -7.07%
30.51
10.08
10.38% -5.25%
1.3T
282.8B
15.53% -24.95%
22.08
4.68
9.78% -21.12%
1.0T
514.0B
2.44% -40.04%
-368.89
1.95
9.40% -108.16%
MID-CAP
3.4B
258.4M
222.11% 179.36%
-11.46
13.24
24.91% -254.56%
2.2B
9.2B
-18.29% -53.60%
-6.16
0.24
51.67% -98.90%
SMALL-CAP
1.7B
1.7B
-14.35% -19.63%
14.09
1
61.79% 371.82%
1.6B
602.5M
-7.75% -62.41%
-2.78
2.67
18.18% -18.59%
1.0B
418.9M
-4.85% -67.83%
-2.77
2.42
-9.85% -101.06%
986.5M
482.4M
-14.27% -38.99%
-4.26
2.04
33.15% -170.42%
913.9M
478.9M
-20.50% -75.95%
-0.29
1.91
-31.50% -634.70%
774.5M
50.8M
-35.62% -84.47%
-0.99
15.24
1229.98% -13.59%
754.2M
1.1B
-8.47% -42.21%
26.14
0.69
-5.82% -92.23%
227.8M
10.3M
-31.25% -74.40%
-0.81
22.2
478.23% 7.85%

Financials for Snowflake

Income Statement (Last 12 Months)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue13.6%1,860,421,0001,637,834,0001,412,784,0001,219,327,0001,026,018,000
Gross Profit14.4%1,214,358,0001,061,706,000903,767,000760,894,000618,861,000
Operating Expenses11.4%1,968,904,0001,767,504,0001,601,974,0001,475,930,0001,382,265,000
  S&GA Expenses10.2%1,006,321,000912,815,000821,073,000743,965,000694,728,000
  R&D Expenses16.6%669,082,000573,595,000507,934,000466,932,000437,780,000
EBITDA-4.8%-689,767,000-658,189,000-643,024,000-655,462,000-
EBITDA Margin7.7%-0.37-0.40-0.46-0.54-
Earnings Before Taxes-6.3%-739,488,000-695,732,000-665,977,000-676,960,000-743,946,000
EBT Margin6.4%-0.40-0.42-0.47-0.56-
Net Income-6.8%-721,689,000-675,609,000-642,522,000-679,948,000-746,730,000
Net Income Margin6.0%-0.39-0.41-0.45-0.56-
Free Cahsflow17.6%383,443,000325,927,000255,734,00093,958,000-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets1.3%7,1567,0647,0236,6506,163
  Current Assets1.2%4,5594,5044,3424,5994,308
    Cash Equivalents-9.7%8199071,0631,086935
  Net PPE12.2%14613011910594.00
  Goodwill29.1%6495035038.008.00
Liabilities5.8%1,7321,6381,5651,6011,157
  Current Liabilities5.5%1,4791,4011,3641,397959
Shareholder's Equity-0.3%5,4115,4265,4585,0495,007
  Retained Earnings-8.7%-2,508-2,307-2,085-1,919-1,787
  Additional Paid-In Capital2.7%7,9897,7827,5906,9856,797
Accumulated Depreciation20.0%39.0033.0027.0023.0020.00
Shares Outstanding0.6%320318314303-
Minority InterestInfinity%12.00----
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations18.6%40734327311051.00
  Share Based Compensation12.6%757672627605603
Cashflow From Investing-177.6%-496-17953.00-20.80-3,218
Cashflow From Financing-132.9%-17.0152.0099.00178165

Risks for SNOW

What is the probability of a big loss on SNOW?

88.6%


Probability that Snowflake stock will be more than 20% underwater in next one year

82.6%


Probability that Snowflake stock will be more than 30% underwater in next one year.

72.0%


Probability that Snowflake stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does SNOW drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Snowflake was unfortunately bought at previous high price.

Drawdowns

Returns for SNOW

Cumulative Returns on SNOW

Which funds bought or sold SNOW recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-24
Freemont Management S.A.
unchanged
-
-87,318
473,682
0.07%
2023-03-23
MetLife Investment Management, LLC
reduced
-2.5
-546,762
2,550,420
0.02%
2023-03-17
American Portfolios Advisors
reduced
-19.73
-2,690
139,707
0.01%
2023-03-15
B. Riley Wealth Advisors, Inc.
reduced
-10.97
-231,520
701,480
0.02%
2023-03-10
BAILLIE GIFFORD & CO
reduced
-1.51
-133,798,000
661,819,000
0.69%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
19.53
331,437
35,466,400
0.04%
2023-03-08
SHEETS SMITH WEALTH MANAGEMENT
reduced
-2.51
-66,111
306,889
0.05%
2023-03-06
OLD MISSION CAPITAL LLC
new
-
362,869
362,869
0.01%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-84.75
-12,317,000
1,820,000
0.01%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
added
183
12,962
21,962
0.01%

1–10 of 48

Latest Funds Activity

Are funds buying SNOW calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own SNOW
No. of Funds

Snowflake News

MarketWatch

Equinix Inc. stock outperforms competitors on strong trading day.

MarketWatch,
5 hours ago

The Motley Fool

InvestorPlace

Schedule 13G FIlings of Snowflake

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Feb 15, 2022
slootman frank
4.0%
12,911,184
SC 13G/A
Feb 15, 2022
dageville benoit
2.3%
7,338,686
SC 13G/A
Feb 15, 2022
cruanes thierry
2.2%
6,777,667
SC 13G/A
Feb 14, 2022
prudential financial inc
1.53%
0
SC 13G/A
Feb 14, 2022
sc us (ttgp), ltd.
0.6%
1,988,105
SC 13G/A
Feb 14, 2022
berkshire hathaway inc
2.0%
6,125,376
SC 13G/A
Feb 14, 2022
dragoneer investment group, llc
0.4%
1,378,322
SC 13G/A

SNOW Fair Value

Snowflake fair value in different scenarios

The table shows the Fair Value estimates for Snowflake for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

6.01

-95.55%

8.25

-93.89%

17.20

-87.26%

32.83

-75.68%

64.27

-52.38%
Current Inflation

5.84

-95.67%

7.81

-94.21%

15.52

-88.50%

28.75

-78.70%

55.23

-59.08%
Very High Inflation

5.62

-95.84%

7.28

-94.61%

13.56

-89.95%

24.06

-82.17%

44.94

-66.70%

Historical Snowflake Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Snowflake

View All Filings
Date Filed Form Type Document
Mar 24, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading
Mar 13, 2023
4
Insider Trading
Mar 13, 2023
4
Insider Trading
Mar 13, 2023
4
Insider Trading
Mar 13, 2023
4
Insider Trading
Mar 07, 2023
4
Insider Trading

Latest Insider Trading transactions for SNOW

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-22
Dageville Benoit
sold
-8,230,750
142
-57,963
president of products
2023-03-22
Dageville Benoit
acquired
15,070
0.26
57,963
president of products
2023-03-15
Slootman Frank
acquired
-
-
58,212
ceo and chairman
2023-03-15
Dageville Benoit
acquired
-
-
29,767
president of products
2023-03-15
Degnan Christopher William
acquired
-
-
39,690
chief revenue officer
2023-03-15
Scarpelli Michael
acquired
-
-
42,997
chief financial officer
2023-03-15
Dageville Benoit
acquired
15,248
0.26
58,647
president of products
2023-03-15
Dageville Benoit
sold
-7,992,410
136
-58,647
president of products
2023-03-09
Slootman Frank
sold
-240,487
141
-1,701
ceo and chairman
2023-03-09
Dageville Benoit
sold
-97,835
141
-692
president of products

1–10 of 50

Frank Slootman
3990
Snowflake Inc. provides a cloud-based data platform in the United States and internationally. The company's 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. Its platform is used by various organizations of sizes in a range of industries. 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.

SNOW Income Statement

2022-10-31
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Oct. 31, 2022
Oct. 31, 2021
Oct. 31, 2022
Oct. 31, 2021
Income Statement [Abstract]    
Revenue$ 557,028$ 334,441$ 1,476,647$ 835,553
Cost of revenue190,721120,786511,883324,253
Gross profit366,307213,655964,764511,300
Operating expenses:    
Sales and marketing284,477190,971803,034540,678
Research and development211,387115,900545,933343,783
General and administrative76,46264,055218,314189,846
Total operating expenses572,326370,9261,567,2811,074,307
Operating loss(206,019)(157,271)(602,517)(563,007)
Interest income21,8571,98538,3086,787
Other income (expense), net(13,271)1,609(44,672)9,867
Loss before income taxes(197,433)(153,677)(608,881)(546,353)
Provision for (benefit from) income taxes4,0091,179(18,839)1,442
Net loss(201,442)(154,856)(590,042)(547,795)
Less: net loss attributable to noncontrolling interest(506)0(506)0
Net loss attributable to Snowflake Inc.$ (200,936)$ (154,856)$ (589,536)$ (547,795)
Net loss per share attributable to Class A and Class B common stockholders- basic (in dollars per share)[1]$ (0.63)$ (0.51)$ (1.86)$ (1.84)
Net loss per share attributable to Class A and Class B common stockholders - diluted (in dollars per share)[1]$ (0.63)$ (0.51)$ (1.86)$ (1.84)
Weighted-average shares used in computing net loss per share attributable to Class A and Class B common stockholders - basic (in shares)[1]320,135303,007317,653297,436
Weighted-average shares used in computing net loss per share attributable to Class A and Class B common stockholders - diluted (in shares)[1]320,135303,007317,653297,436
[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 10 for further details.

SNOW Balance Sheet

2022-10-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Oct. 31, 2022
Jan. 31, 2022
Current assets:  
Cash and cash equivalents$ 819,003$ 1,085,729
Short-term investments3,123,8792,766,364
Accounts receivable, net394,063545,629
Deferred commissions, current61,73851,398
Prepaid expenses and other current assets160,221149,523
Total current assets4,558,9044,598,643
Long-term investments943,0811,256,207
Property and equipment, net145,974105,079
Operating lease right-of-use assets234,678190,356
Goodwill649,0928,449
Intangible assets, net196,16537,141
Deferred commissions, non-current133,939124,517
Other assets293,855329,306
Total assets7,155,6886,649,698
Current liabilities:  
Accounts payable24,75713,441
Accrued expenses and other current liabilities225,321200,664
Operating lease liabilities, current29,26325,101
Deferred revenue, current1,199,7011,157,887
Total current liabilities1,479,0421,397,093
Operating lease liabilities, non-current225,013181,196
Deferred revenue, non-current7,33311,180
Other liabilities21,02911,184
Total liabilities1,732,4171,600,653
Commitments and contingencies (Note 9)
Stockholders’ equity:  
Preferred stock; $0.0001 par value per share; 200,000 shares authorized, zero shares issued and outstanding as of October 31, 2022 and January 31, 202200
Common stock; $0.0001 par value per share; 2,500,000 Class A shares authorized, 321,497 and 312,377 shares issued and outstanding as of October 31, 2022 and January 31, 2022, respectively; 185,461 Class B shares authorized, zero shares issued and outstanding as of each October 31, 2022 and January 31, 20223231
Additional paid-in capital7,988,8296,984,669
Accumulated other comprehensive loss(69,179)(16,286)
Accumulated deficit(2,508,905)(1,919,369)
Total Snowflake Inc. stockholders’ equity5,410,7775,049,045
Noncontrolling interest12,4940
Total stockholders’ equity5,423,2715,049,045
Total liabilities and stockholders’ equity$ 7,155,688$ 6,649,698