With 3.37 million shares changed hands, the volume of the stock remained lighter than its average volume of 5.94 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $157.905 whereas the lowest price it dropped to was $154.08. The 52-week range on SNOW shows that it touched its highest point at $194.40 and its lowest point at $107.13 during that stretch. It currently has a 1-year price target of $210.97. Beta for the stock currently stands at 1.10.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SNOW was up-trending over the past week, with a rise of 5.96%, but this was down by -18.83% over a month. Three-month performance dropped to -9.05% while six-month performance rose 38.41%. The stock lost -3.65% in the past year, while it has gained 1.28% so far this year. A look at the trailing 12-month EPS for SNOW yields -3.86 with Next year EPS estimates of 1.59. For the next quarter, that number is 0.21. This implies an EPS growth rate of 40.61% for this year and 36.19% for next year. EPS is expected to grow by 38.20% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -25.13%.
Float and Shares Shorts:
At present, 330.10 million SNOW shares are outstanding with a float of 307.34 million shares on hand for trading. On 2025-02-28, short shares totaled 10.3 million, which was 311.99999999999994 higher than short shares on 1738281600. In addition to Dr. Benoit Dageville Ph.D. as the firm’s Co-Founder, President of Product Division & Director, Mr. Michael P. Scarpelli serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.65788 of SNOW’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2025-01-31, SNOW reported revenue of $942094000.0 and operating income of -$365457000.0. The EBITDA in the recently reported quarter was -$269619000.0 and diluted EPS was -$0.98.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SNOW since 39 analysts follow the stock currently. There are 29 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 9 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With SNOW analysts setting a high price target of 235.0 and a low target of 115.0, the average target price over the next 12 months is 206.08466. Based on these targets, SNOW could surge 50.27% to reach the target high and fall by -26.47% to reach the target low. Reaching the average price target will result in a growth of 31.78% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.89049 being high and $0.67799 being low. For SNOW, this leads to a yearly average estimate of $0.79942. Based on analyst estimates, the high estimate for the next quarter is $0.37 and the low estimate is $0.19. The average estimate for the next quarter is thus $0.25.
