Snowflake Inc's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 66 out of 473 in the Software & IT Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 234.11.In the medium term, the stock price is expected to trend down.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Snowflake Inc is 6.81, ranking 268 out of 473 in the Software & IT Services industry. Its financial status is stable, and its operating efficiency is high. Its latest quarterly revenue reached 1.28B, representing a year-over-year increase of 30.12%, while its net profit experienced a year-over-year increase of 5.47%.
Key Metrics
The current valuation score of Snowflake Inc is 7.28, ranking 265 out of 473 in the Software & IT Services industry. Its current P/E ratio is -38.64, which is -20.56% below the recent high of -30.69 and -139.62% above the recent low of -92.58.
The current earnings forecast score of Snowflake Inc is 8.27, ranking 80 out of 473 in the Software & IT Services industry. The average price target is 285.00, with a high of 500.00 and a low of 170.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Snowflake Inc is 9.30, ranking 95 out of 473 in the Software & IT Services industry. Currently, the stock price is trading between the resistance level at 165.87 and the support level at 130.17, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of Snowflake Inc is 7.00, ranking 132 out of 473 in the Software & IT Services industry. The latest institutional shareholding proportion is 77.24%, representing a quarter-over-quarter increase of 1.33%. The largest institutional shareholder is The Vanguard, holding a total of 29.24M shares, representing 8.46% of shares outstanding, with 4.29% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Software & IT Services domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Snowflake Inc is 6.39, ranking 137 out of 473 in the Software & IT Services industry. The company's beta value is 1.08. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. Snowflake Inc’s latest ESG disclosure leads the Software & IT Services industry, indicating outstanding, compliant performance across environmental management, social responsibility, and governance, which may help mitigate overall risk.
