Professional
Added to YB: 2024-11-14
Pitch date: 2024-11-13
SNOW [bullish]
Snowflake Inc.
+153.73%
current return
Author Info
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Company Info
Snowflake Inc. provides a cloud-based data platform for various organizations in the United States and internationally.
Market Cap
$118.8B
Pitch Price
$132.06
Price Target
220.00 (-34%)
Dividend
N/A
EV/EBITDA
-124.20
P/E
-106.39
EV/Sales
21.58
Sector
IT Services
Category
growth
Show full summary:
Goldman Sachs' Conviction Buy on Snowflake, $220 Price Target
SNOW: Goldman sees re-rating potential vs peers (12x Rule-of-50+) on core growth + AI upside. F3Q earnings (11/20) catalyst if +26-27% Product Rev growth, F4Q guide-up to +21-22%. FY26 Rev guide 20%+ expected. Upside from AI, non-AI products. Conviction Buy PT $220.
Read full article (1 min)