<div id="readability-page-1"><p>Snowflake Inc. (NYSE:SNOW - Get Free Report)'s share price was up 1.7% on Thursday after Macquarie raised their price target on the stock from $190.00 to $210.00. Macquarie currently has a neutral rating on the stock. Snowflake traded as high as $213.70 and last traded at $213.13. Approximately 1,477,958 shares were traded  during trading, a decline of 77% from the average daily volume of 6,389,998 shares. The stock had previously closed at $209.60.</p><ul><li>Top 5  Stock Buys for June: AI Picks That Aren’t NVIDIA</li></ul><p>Other research analysts have also recently issued reports about the stock. Evercore ISI increased their price target on shares of Snowflake from $232.00 to $240.00 and gave the company an &#34;outperform&#34; rating in a research report on Wednesday. Hsbc Global Res downgraded Snowflake from a &#34;hold&#34; rating to a &#34;strong sell&#34; rating in a report on Thursday, May 22nd. Raymond James  reaffirmed an &#34;outperform&#34; rating and issued a $212.00 price target (up previously from $196.00) on shares of Snowflake in a research note on Thursday, May 22nd. Guggenheim  reissued a &#34;neutral&#34; rating on shares of Snowflake in a research report on Thursday, February 27th. Finally, Barclays  restated an &#34;overweight&#34; rating and issued a $219.00 price objective (up from $203.00) on shares of Snowflake in a report on Thursday, May 22nd. Two analysts have rated the stock with a sell rating, seven have given a hold rating, thirty-two have issued  a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, Snowflake presently has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $221.28.</p><p><b>View Our Latest Stock Analysis on Snowflake</b></p><h2>Insider Buying and Selling at Snowflake</h2><ul><li>2 Red-Hot Stocks With High RSIs and More Upside to Come</li></ul><p>In related news, Director Frank Slootman sold 1,783 shares of the company's stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $147.24, for a total value of $262,528.92. Following the completion of the transaction, the director now owns 192,511 shares of the company's stock, valued at approximately $28,345,319.64. This represents a 0.92% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Christian Kleinerman sold 3,765 shares of Snowflake stock in a transaction that occurred on Tuesday, March 18th. The shares were sold at an average price of $155.69, for a total transaction of $586,172.85. Following the sale, the executive vice president now owns 616,602 shares in the company, valued at approximately $95,998,765.38. The trade was a 0.61% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 849,779 shares of company stock worth $159,318,643. Insiders own  6.80% of the company's stock. </p><h2>Institutional Inflows and Outflows</h2><p>A number of institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. grew its stake in shares of  Snowflake by 1.2% during the first quarter. Vanguard Group Inc. now owns 27,194,208 shares of the company's stock valued at $3,974,705,000 after buying an additional 316,573 shares during the last quarter.  Norges Bank purchased a new position in  Snowflake during the 4th quarter valued at about $988,950,000.  FMR LLC increased its holdings in shares of  Snowflake by 84.9% in the 4th quarter. FMR LLC now owns 6,108,123 shares of the company's stock valued at $943,155,000 after acquiring an additional 2,805,425 shares during the period.  GQG Partners LLC purchased a new position in shares of  Snowflake in the 4th quarter worth approximately $750,572,000.  Finally, Price T Rowe Associates Inc. MD grew its holdings in  Snowflake by 19.2% in the first quarter. Price T Rowe Associates Inc. MD now owns 4,732,428 shares of the company's stock worth $691,693,000 after purchasing an additional 763,673 shares during the last quarter. Institutional investors own  65.10% of the company's stock. </p><h2>Snowflake Stock Up 1.9%</h2><ul><li>Snowflake Breaks Out! Can It Drift Higher in 2025 and Beyond?</li></ul><p>The company has a market capitalization of $71.31 billion, a price-to-earnings ratio of -63.12 and a beta of 1.21. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.77. The company has a 50-day moving average of $166.87 and a 200-day moving average of $168.02. </p><p>Snowflake (NYSE:SNOW - Get Free Report) last issued its quarterly earnings results on Wednesday, May 21st. The company reported $0.24 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.22 by $0.02. Snowflake had a negative net margin of 33.02% and a negative return on equity of 24.23%. The business had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same quarter in the prior year, the business posted $0.14 EPS. Snowflake's revenue for the quarter was up 25.8% compared to the same quarter last year.  On average, equities analysts predict that  Snowflake Inc. will post -2.36 earnings per share for the current fiscal year. </p><h2>Snowflake Company Profile</h2> (Get Free Report)<p>Snowflake Inc provides a cloud-based data platform for various organizations in the United States and internationally. Its platform offers Data Cloud, which enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data-driven applications, and share data and data products, as well as applies artificial intelligence (AI) for solving business problems.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Snowflake</li><li>Mastering Discipline: Overcoming Emotional Challenges In Trading</li><li>Update! What Is Congress Trading So Far In 2025? </li><li>Consumer Discretionary Stocks Explained</li><li>Best Dollar Store Stock to Buy: Dollar Tree or Dollar General? </li><li>Buy P&amp;G Now, Before It Sets A New All-Time High</li><li>A New All-Time High Is Coming Soon for Credo Technology Group</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Snowflake Right Now?</h2><p>Before you consider Snowflake, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Snowflake wasn't on the list.</p><p>While Snowflake currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

SNOW

<p>Snowflake Inc. (NYSE:SNOW) shares rose 1.7% after Macquarie upgraded its price target from $190 to $210, maintaining a neutral rating. The stock traded as high as $213.70, with a last price of $213.13. Other analysts have varied opinions, with Evercore ISI raising its target to $240 and HSBC downgrading to strong sell. Insider selling was noted, and institutional ownership stands at 65.10%. Snowflake reported Q1 earnings of $0.24 EPS, exceeding estimates, with revenue of $1.04 billion.</p>

Snowflake (NYSE:SNOW) Shares Up 1.7% Following Analyst Upgrade