Snowflake (SNOW, $246.13) gets positive ratings at Deutsche Bank and Piper Sandler
Cloud service company Snowflake got optimistic outlooks from analysts at Deutsche Bank and Piper Sandler.
Deutsche Bank analyst Patrick Colville initiated coverage of Snowflake with a buy rating and a $305 price target. Emphasizing the relevance of data analytics, Colville said, “We see a world where the use of data is democratizing, many more roles and functions are becoming data consumers. … Our estimates call for data warehouse (analytical processing) spending to grow to $45.2bn in 2024, a 13% CAGR from 2019.”
Brent Bracelin of Piper Sandler began coverage of Snowflake with an overweight rating and a $264 price target, citing the company’s new cloud-native software layer, that Bracelin believes has the potential to redefine and modernize the enterprise data stack.
While Bracelin did say that there are high valuation risks that could lead to elevated stock volatility over the next six months, he is also sanguine about Snowflake’s “unique cloud product and proven leadership team capable of executing on a compelling 10-year growth trajectory” . According to the analyst, a premium valuation is warranted for longer-term oriented investors looking out 3-5 years based on several factors. He cited “triple-digit growth last quarter at $0.5 billion revenue scale, a proven leadership team stacked with A-plus talent and a clear path to multi-billion dollar revenue run-rate within two years.”
According to Tickeron's report, SNOW is expected to report earnings to rise 14.29% to -23 cents per share on December 30.The last earnings report on September 30 showed earnings per share of -20 cents, beating the estimate of -23 cents.
Momentum Indicator for SNOW turns negative, indicating new downward trend
SNOW saw its Momentum Indicator move below the 0 level on July 09, 2025. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 86 similar instances where the indicator turned negative. In of the 86 cases, the stock moved further down in the following days. The odds of a decline are at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for SNOW moved out of overbought territory on July 09, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 27 similar instances where the indicator moved out of overbought territory. In of the 27 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SNOW declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
SNOW broke above its upper Bollinger Band on June 23, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SNOW advanced for three days, in of 318 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 197 cases where SNOW Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. SNOW’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 88, placing this stock slightly better than average.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (10.352) is normal, around the industry mean (31.631). P/E Ratio (0.000) is within average values for comparable stocks, (164.477). Projected Growth (PEG Ratio) (3.102) is also within normal values, averaging (2.732). Dividend Yield (0.000) settles around the average of (0.030) among similar stocks. P/S Ratio (18.762) is also within normal values, averaging (62.243).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
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