Snowflake Inc. provides cloud-based data platform in the United States and internationally. The company's platform offers Data Cloud, an ecosystem that 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 various 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 headquartered in San Mateo, California.
IPO Year: 2020
Exchange: NYSE
Website: snowflake.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
2/27/2025 | $188.00 → $230.00 | Buy | Monness Crespi & Hardt |
2/20/2025 | $220.00 | Neutral → Buy | BTIG Research |
2/18/2025 | $235.00 | Peer Perform → Outperform | Wolfe Research |
1/17/2025 | $201.00 | Overweight | Cantor Fitzgerald |
1/10/2025 | $190.00 | Equal Weight → Overweight | Barclays |
1/7/2025 | $150.00 → $200.00 | Equal Weight → Overweight | Wells Fargo |
11/25/2024 | $190.00 | Neutral → Outperform | Wedbush |
11/21/2024 | $140.00 → $188.00 | Buy | Monness Crespi & Hardt |
11/6/2024 | $140.00 | Neutral → Buy | Monness Crespi & Hardt |
10/22/2024 | Buy → Neutral | Cleveland Research |
Snowflake will host its largest-ever user conference with over 500 sessions, 200 on-site partners, 36 hands-on labs, three impactful keynotes including a fireside chat with OpenAI CEO, Sam Altman, and more Snowflake (NYSE:SNOW), the AI Data Cloud company, will host its seventh-annual user conference, Snowflake Summit 2025, live in San Francisco from June 2-5, 2025. Snowflake Summit 2025 is bringing the future of AI and data to the center stage, with this year's opening keynote featuring OpenAI CEO Sam Altman, and Snowflake CEO Sridhar Ramaswamy, for a fireside chat on Monday, June 2 at 5:00 p.m. PDT. The conversation will explore how organizations can drive immediate impact with the power
OneFibreData converges data, generates insights 2x faster & sets the stage for intelligent decisions Prodapt, a leading provider of consulting, business reengineering & managed services for the telecom & technology industry, today announced OneFibreData, a Snowflake-powered application for fibre broadband providers to use data to make operations efficient, customer experiences effortless and set the stage for Agentic AI workflows. Fragmented enterprise data and siloed functions make it hard to build intelligent, synchronized operations. OneFibreData solves it by integrating and ingesting data from multiple sources — cloud, on-prem and APIs — to build fast-scaling, governable data ecosys
The nearly 30,000 square foot space in Menlo Park will represent one of the largest dedicated spaces for developers, startups, and business leaders to shape the future of AI Snowflake also plans to invest up to $200M in next-gen startups innovating on its AI Data Cloud through the Snowflake Startup Accelerator Program, in partnership with leading VCs Snowflake continues to pioneer the future of AI, committing $20M toward AI upskilling and supporting more than 4,000 customers with AI/ML capabilities Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced that it is deepening its investments in AI innovation by opening the Silicon Valley AI Hub, a home for developers, star
NEW YORK, Feb. 27, 2025 /PRNewswire/ -- The New York Stock Exchange (NYSE) is proud to offer a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Kristen Scholer delivers the pre-market update on February 27th Markets up fractionally higher as investors digest Nvidia resultsNvidia results show demand for AI chips remainsSnowflake (NYSE:SNOW), TJX (NYSE:TJX), Lowe's (NYSE:LOW) post strong earningsWatch NYSE TV Live every weekday 9:00-10:00am ET View original
Product revenue of $943.3 million in the fourth quarter, representing 28% year-over-year growth Net revenue retention rate of 126% 580 customers with trailing 12-month product revenue greater than $1 million 745 Forbes Global 2000 customers Remaining performance obligations of $6.9 billion, representing 33% year-over-year growth Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced financial results for its fourth quarter and full-year of fiscal 2025, ended January 31, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250226670487/en/Snowflake Q4 and Full-Year FY25 Infographic (Graphic: Snowflake)
Snowflake strengthens strategic partnership with Microsoft to deliver OpenAI's state-of-the-art models directly to customers in Snowflake Cortex AI on Microsoft Azure AI Foundry Snowflake also launches new native integration enabling thousands of customers to seamlessly leverage Snowflake Cortex Agents within their Microsoft 365 Copilot and Microsoft 365 apps Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced an expanded partnership with Microsoft that will empower enterprises to build easy, efficient, and trusted AI-powered apps and data agents with OpenAI's models directly in Snowflake Cortex AI, Snowflake's fully managed AI service. Snowflake Cortex AI will integrat
Santa Clara, Calif., Feb. 06, 2025 (GLOBE NEWSWIRE) -- The second annual Iceberg Summit, sanctioned by the Apache Software Foundation (ASF) and overseen by the Apache Iceberg Project Management Committee (PMC), returns as a hybrid event from April 8-9, 2025. Organized and sponsored by AWS, Dremio, Microsoft, and Snowflake, Iceberg Summit highlights the industry's collective effort to promote and advance Apache Iceberg™ as the foundation of modern data stacks. For the first time, Iceberg Summit will feature an in-person gathering in San Francisco, California complemented by a virtual option for remote attendees. The event will bring together top Iceberg contributors, industry leaders, and
JPX Market Innovation & Research, Inc. ("JPXI"), a leading global provider of Japan's financial market data, and Snowflake, the AI Data Cloud company, today announced a priority partnership between the companies to jointly disseminate data over Snowflake's market-leading platform. Data provision via Snowflake will enable market participants to enjoy improved access to JPXI's rich and varied data offerings and empower cost-effective development of data analysis environments. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250203189695/en/ This venture is supported by J-LAKE, Japan Exchange Group's integrated data services platform
Snowflake (NYSE:SNOW), the AI Data Cloud company, will present at two upcoming investor conferences. Chief Executive Officer, Sridhar Ramaswamy, will present at the Morgan Stanley TMT Conference, on Monday, March 3rd, at 1:50 p.m. PT. Chief Financial Officer, Mike Scarpelli, will present at the Citizens JMP Securities Technology Conference, on Tuesday, March 4th, at 10:30 a.m. PT. An event webcast will be accessible on the investor relations section of the Snowflake website at https://investors.snowflake.com and archived on the Snowflake site for a period of 30 days. About Snowflake Snowflake makes enterprise AI easy, efficient and trusted. More than 10,000 companies around the
Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced it will release its financial results for the fourth quarter and full year of fiscal year 2025, which ends January 31, 2025, following the close of the U.S. markets on Wednesday, February 26, 2025. Snowflake will host a conference call to discuss the financial results. Conference Call Details The conference call will begin at 3 p.m. Mountain Time on February 26, 2025. Investors and participants may attend the call by dialing (833) 470-1428 (Access code: 180858). For investors and participants outside the United States, see global dial-in numbers here (Access code: 180858). The call will also be webcast live on the Snowf
Monness Crespi & Hardt reiterated coverage of Snowflake with a rating of Buy and set a new price target of $230.00 from $188.00 previously
BTIG Research upgraded Snowflake from Neutral to Buy and set a new price target of $220.00
Wolfe Research upgraded Snowflake from Peer Perform to Outperform and set a new price target of $235.00
Cantor Fitzgerald initiated coverage of Snowflake with a rating of Overweight and set a new price target of $201.00
Barclays upgraded Snowflake from Equal Weight to Overweight and set a new price target of $190.00
Wells Fargo upgraded Snowflake from Equal Weight to Overweight and set a new price target of $200.00 from $150.00 previously
Wedbush upgraded Snowflake from Neutral to Outperform and set a new price target of $190.00
Monness Crespi & Hardt reiterated coverage of Snowflake with a rating of Buy and set a new price target of $188.00 from $140.00 previously
Monness Crespi & Hardt upgraded Snowflake from Neutral to Buy and set a new price target of $140.00
Cleveland Research downgraded Snowflake from Buy to Neutral
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Product revenue of $943.3 million in the fourth quarter, representing 28% year-over-year growth Net revenue retention rate of 126% 580 customers with trailing 12-month product revenue greater than $1 million 745 Forbes Global 2000 customers Remaining performance obligations of $6.9 billion, representing 33% year-over-year growth Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced financial results for its fourth quarter and full-year of fiscal 2025, ended January 31, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250226670487/en/Snowflake Q4 and Full-Year FY25 Infographic (Graphic: Snowflake)
Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced it will release its financial results for the fourth quarter and full year of fiscal year 2025, which ends January 31, 2025, following the close of the U.S. markets on Wednesday, February 26, 2025. Snowflake will host a conference call to discuss the financial results. Conference Call Details The conference call will begin at 3 p.m. Mountain Time on February 26, 2025. Investors and participants may attend the call by dialing (833) 470-1428 (Access code: 180858). For investors and participants outside the United States, see global dial-in numbers here (Access code: 180858). The call will also be webcast live on the Snowf
Product revenue of $900.3 million in the third quarter, representing 29% year-over-year growth Net revenue retention rate of 127% 542 customers with trailing 12-month product revenue greater than $1 million 754 Forbes Global 2000 customers Remaining performance obligations of $5.7 billion, representing 55% year-over-year growth Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced financial results for its third quarter of fiscal 2025, ended October 31, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241120291775/en/Snowflake Q3 FY25 Infographic (Graphic: Snowflake) Revenue for the quarter was $9
Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced it will release its financial results for the third quarter of fiscal year 2025, which ends October 31, 2024, following the close of the U.S. markets on Wednesday, November 20, 2024. Snowflake will host a conference call to discuss the financial results. Conference Call Details The conference call will begin at 3 p.m. Mountain Time on November 20, 2024. Investors and participants may attend the call by dialing (833) 470-1428 (Access code: 722726). For investors and participants outside the United States, see global dial-in numbers here (Access code: 722726). The call will also be webcast live on the Snowflake Investor Rela
Product revenue of $829.3 million in the second quarter, representing 30% year-over-year growth Net revenue retention rate of 127% 510 customers with trailing 12-month product revenue greater than $1 million 736 Forbes Global 2000 customers Remaining performance obligations of $5.2 billion, representing 48% year-over-year growth Authorized the repurchase of an additional $2.5 billion under our stock repurchase program through March 2027 Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced financial results for its second quarter of fiscal 2025, ended July 31, 2024. This press release features multimedia. View the full release here: https://www.businesswire.c
Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced it will release its financial results for the second quarter of fiscal year 2025, which ends July 31, 2024, following the close of the U.S. markets on Wednesday, August 21, 2024. Snowflake will host a conference call to discuss the financial results. Conference Call Details The conference call will begin at 3 p.m. Mountain Time on August 21, 2024. Investors and participants may attend the call by dialing (833) 470-1428 (Access code: 788782). For investors and participants outside the United States, see global dial-in numbers here (Access code: 788782). The call will also be webcast live on the Snowflake Investor Relatio
Product revenue of $789.6 million in the first quarter, representing 34% year-over-year growth Net revenue retention rate of 128% 485 customers with trailing 12-month product revenue greater than $1 million 709 Forbes Global 2000 customers Remaining performance obligations of $5.0 billion, representing 46% year-over-year growth Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced financial results for its first quarter of fiscal 2025, ended April 30, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240522387237/en/Snowflake Q1 FY25 Infographic (Graphic: Snowflake) Revenue for the quarter was $828
Snowflake (NYSE:SNOW), the Data Cloud company, today announced it will release its financial results for the first quarter of fiscal year 2025, which ends April 30, 2024, following the close of the U.S. markets on Wednesday, May 22, 2024. Snowflake will host a conference call to discuss the financial results. Conference Call Details The conference call will begin at 3 p.m. Mountain Time on May 22, 2024. Investors and participants may attend the call by dialing (833) 470-1428 (Access code: 837931), or if outside the United States, by dialing +1 (929) 526-1599 (Access code: 837931). The call will also be webcast live on the Snowflake Investor Relations website. An audio replay of the
Product revenue of $738.1 million in the fourth quarter, representing 33% year-over-year growth 461 customers with trailing 12-month product revenue greater than $1 million Net revenue retention rate of 131% 691 Forbes Global 2000 customers Remaining performance obligations of $5.2 billion, representing 41% year-over-year growth Snowflake (NYSE:SNOW), the Data Cloud company, today announced financial results for its fourth quarter and full-year of fiscal 2024, ended January 31, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240228273435/en/Snowflake Q4 and Full-Year FY24 Infographic (Graphic: Snowflake) Rev
Snowflake (NYSE:SNOW), the Data Cloud company, today announced it will release its financial results for the fourth quarter and full year of fiscal year 2024, which ends January 31, 2024, following the close of the U.S. markets on Wednesday, February 28, 2024. Snowflake will host a conference call to discuss the financial results. Conference Call Details The conference call will begin at 3 p.m. Mountain Time on February 28, 2024. Investors and participants may attend the call by dialing (833) 470-1428 (Access code: 766155), or if outside the United States, by dialing +1 (929) 526-1599 (Access code: 766155). The call will also be webcast live on the Snowflake Investor Relations website
Santa Clara, Calif., Feb. 06, 2025 (GLOBE NEWSWIRE) -- The second annual Iceberg Summit, sanctioned by the Apache Software Foundation (ASF) and overseen by the Apache Iceberg Project Management Committee (PMC), returns as a hybrid event from April 8-9, 2025. Organized and sponsored by AWS, Dremio, Microsoft, and Snowflake, Iceberg Summit highlights the industry's collective effort to promote and advance Apache Iceberg™ as the foundation of modern data stacks. For the first time, Iceberg Summit will feature an in-person gathering in San Francisco, California complemented by a virtual option for remote attendees. The event will bring together top Iceberg contributors, industry leaders, and
USA News Group Commentary Issued on behalf of Avant Technologies Inc. VANCOUVER, May 31, 2024 /PRNewswire/ -- USA News Group – With the artificial intelligence (AI) revolution fully underway, the importance and security of the data centers that power the new technology is surging. The role and preservation of these data centers is generating multiple calls for them and their power sources to be recognized as a matter of national security. Former Google CEO Eric Schmidt went so far as to predict that AI data centers will one day be "on military bases surrounded by machine guns," as stated in an interview with Noema Magazine. According to analysts at Dell'Oro Group, data center spending is fo
USA News Group News Commentary Issued on behalf of Scope AI Corp. VANCOUVER, BC, May 2, 2024 /PRNewswire/ -- USA News Group News Commentary – According to the International Monetary Fund (IMF), the integration of artificial intelligence (AI) will affect almost 40% of jobs around the world. While still early in the AI revolution, experts are stepping forward to help businesses across a wide variety of industries to embrace it. Analysts at Statista are projecting the Global AI Market will surpass $1.75 trillion by 2030. Now CIOs across multiple sectors are eager to scale their companies' AI despite current difficulty demonstrating ROI, according to a new survey. Helping to get companies swiftl
Frank Slootman remains Chairman of the Board Snowflake (NYSE:SNOW), the Data Cloud company, announced today that Frank Slootman has decided to retire as Chief Executive Officer and Sridhar Ramaswamy has been named as Chief Executive Officer and member of the Board of Directors effective immediately. Mr. Ramaswamy previously held the position of Senior Vice President of AI at Snowflake. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240228398564/en/Sridhar Ramaswamy, Chief Executive Officer of Snowflake (Photo: Business Wire) Frank Slootman will continue to serve as Chairman of the Board. "As the leading cloud data platform,
Snowflake (NYSE:SNOW), the Data Cloud company, today announced that Brad Burns is joining the company as Chief Communications Officer. In his new role, Burns will be responsible for Snowflake's communications strategy, advising the company's leadership as Snowflake continues to grow and scale as a technology leader. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240124826696/en/Snowflake Appoints Brad Burns as Chief Communications Officer (Photo: Business Wire) "We are thrilled to welcome Brad to the Snowflake team," said Denise Persson, Chief Marketing Officer at Snowflake. "With a wealth of experience from highly successful en
The funding program features 10 iconic venture capital firms and aims to expand the ecosystem and accelerate growth for startups building Snowflake Native Apps AWS will provide up to $1M in free Snowflake credits on AWS over four years to Snowflake Native Apps developers Snowflake (NYSE:SNOW), the Data Cloud company, today announced at its Snowday 2023 event, the launch of the Powered by Snowflake Funding Program, which intends to invest up to $100 million dollars toward the next generation of early stage startups building Snowflake Native Apps. The Powered by Snowflake Funding Program features leading venture capital firms Altimeter Capital, Amplify Partners, Anthos Capital, Coatue,
Snowflake (NYSE:SNOW), the Data Cloud company, today announced Tyler Prince as Senior Vice President of Worldwide Alliances & Channels, starting July 5, 2023. Prince will be responsible for leading Snowflake's global channel and partner business to drive increased growth, collaboration, and customer-centric innovation across the Data Cloud ecosystem. The Snowflake Partner Network unlocks the potential of the Data Cloud with a broad array of cloud, services, technology, and data partners and Snowflake-offered programs that enable both customers and partners to make the most of their Snowflake deployment. With Snowflake Marketplace, customers have access to a variety of data, data services,
Snowflake (NYSE:SNOW), the Data Cloud company, today announced the appointment of Steve B. Burke to its Board of Directors, effective immediately. John McMahon will step down from the Snowflake board after the company's annual meeting on July 5. Snowflake thanks Mr. McMahon for his 10 years of service on the Board. "We're delighted to have Steve join Snowflake's Board of Directors," said Frank Slootman, Snowflake Chairman and CEO. "Steve's highly respected leadership tenure in the media industry combined with his credentials as an accomplished executive will bring valuable perspective to the Snowflake Board." Mr. Burke had a long career in the media business, most recently serving as CE
Snowflake (NYSE:SNOW), the Data Cloud company, today announced the appointment of Mark D. McLaughlin to its Board of Directors effective April 5, 2023, following the resignation of Carl M. Eschenbach, who was recently appointed Co-CEO of Workday. Snowflake thanks Mr. Eschenbach for his four years of service on the Board. "We are thrilled to have Mark join Snowflake's Board of Directors," said Frank Slootman, Snowflake Chairman and CEO. "Mark's highly accomplished public CEO credentials combined with his long and successful tenure in the world of cybersecurity are much welcomed by the Snowflake Board." From 2011 until 2018, Mark served as Chief Executive Officer and Chairman of the Board
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