---
title: "Koji Ikeda Reiterates Buy on Snowflake, Maintains $395 Price Target on AI-Driven Growth Outlook"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/297021243.md"
description: "Bank of America Securities analyst Koji Ikeda reiterated a Buy rating on Snowflake with a $395 price target, citing AI-driven growth potential and strong product revenue outlook. He views the current stock level as an attractive entry point given the favorable risk-reward profile. Additionally, Robert W. Baird maintained a Buy rating with a $350 target."
datetime: "2026-08-26T09:46:09.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/297021243.md)
  - [en](https://longbridge.com/en/news/297021243.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/297021243.md)
generator: "portal-rs"
---

# Koji Ikeda Reiterates Buy on Snowflake, Maintains $395 Price Target on AI-Driven Growth Outlook

Analyst Koji Ikeda of Bank of America Securities reiterated a Buy rating on Snowflake, retaining the price target of $395.00.

Koji Ikeda has given his Buy rating due to a combination of factors, including Snowflake’s positioning as a key beneficiary of AI-related data workloads and its potential to deliver another strong quarter relative to guidance. He believes that if product revenue growth reaches about 36% year over year, supported by a solid F3Q outlook, the stock can sustain and extend its current momentum.

Ikeda also highlights that even if near-term growth falls modestly below investor expectations, his long-term thesis on AI-driven consumption and workload adoption remains intact, and any pullback could present an attractive entry point. With the price target maintained at $395 and the shares trading meaningfully below that level, he sees a favorable risk-reward profile that justifies reiterating a Buy recommendation on Snowflake.

In another report released yesterday, Robert W. Baird also maintained a Buy rating on the stock with a $350.00 price target.

### Related Stocks

- [SNOW.US](https://longbridge.com/en/quote/SNOW.US.md)
- [SNOY.US](https://longbridge.com/en/quote/SNOY.US.md)
- [SNOU.US](https://longbridge.com/en/quote/SNOU.US.md)
- [BAC.US](https://longbridge.com/en/quote/BAC.US.md)
- [BAC-Q.US](https://longbridge.com/en/quote/BAC-Q.US.md)
- [BML-L.US](https://longbridge.com/en/quote/BML-L.US.md)
- [BAC-L.US](https://longbridge.com/en/quote/BAC-L.US.md)
- [BAC-K.US](https://longbridge.com/en/quote/BAC-K.US.md)
- [BML-H.US](https://longbridge.com/en/quote/BML-H.US.md)
- [BAC-N.US](https://longbridge.com/en/quote/BAC-N.US.md)
- [BAC-E.US](https://longbridge.com/en/quote/BAC-E.US.md)
- [MER-K.US](https://longbridge.com/en/quote/MER-K.US.md)
- [BAC-O.US](https://longbridge.com/en/quote/BAC-O.US.md)
- [BML-G.US](https://longbridge.com/en/quote/BML-G.US.md)
- [BAC-M.US](https://longbridge.com/en/quote/BAC-M.US.md)
- [BAC-B.US](https://longbridge.com/en/quote/BAC-B.US.md)
- [BML-J.US](https://longbridge.com/en/quote/BML-J.US.md)
- [BAC-S.US](https://longbridge.com/en/quote/BAC-S.US.md)
- [BAC-P.US](https://longbridge.com/en/quote/BAC-P.US.md)
- [8648.JP](https://longbridge.com/en/quote/8648.JP.md)

## Related News & Research

- [16:11 ETOneSix Advances to Snowflake Elite Partner Status](https://longbridge.com/en/news/297557093.md)
- [Snowflake Is Up Nearly 50% in 2026—What Are Short Sellers Betting Against?](https://longbridge.com/en/news/297428659.md)
- [Snowflake CEO: Trusted Data, Not Model Benchmarks, Will Define Enterprise AI](https://longbridge.com/en/news/296945416.md)
- [Autonomous AI exploits raise stakes for vulnerability management](https://longbridge.com/en/news/296951306.md)
- [The chips powering AI can take years to design. This startup says AI did it in 2 weeks.](https://longbridge.com/en/news/297153469.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**