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Added to YB: 2024-11-22

Pitch date: 2024-11-21

SNOW [bullish]

Snowflake Inc.

+23.02%

current return

Author Info

No bio for this author

Company Info

Snowflake Inc. provides a cloud-based data platform for various organizations in the United States and internationally.

Market Cap

$89.8B

Pitch Price

$175.00

Price Target

220.00 (+1%)

Dividend

N/A

EV/EBITDA

-72.98

P/E

-65.73

EV/Sales

20.07

Sector

IT Services

Category

growth

Show full summary:
Goldman Sachs Reiterates Conviction Buy on Snowflake, $220 Price Target

SNOW Buy $220 PT: Goldman bullish post-Q3. Mid-20s rev growth @ $4B scale, 25% FCF margin. Top-tier software co. Undervalued vs peers. Long runway in core + new products (AI, Unistore). Q3 beat, raised Q4 guide. NRR stable 127%. AI momentum: 3200 accounts +28% QoQ, Anthropic deal.

Read full article (1 min)