---
title: "Snowflake is up 51% year-to-date: Wise investors are acting accordingly"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/299334398.md"
description: "Snowflake (SNOW) is rated a Hold at $331.08, up 51% year-to-date. While strong AI adoption and raised guidance support the bull case, high valuation multiples leave little margin for error. Analysts suggest waiting for a pullback or proof of GAAP profitability before buying, as current prices already reflect significant growth expectations."
datetime: "2026-09-17T14:12:09.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/299334398.md)
  - [en](https://longbridge.com/en/news/299334398.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/299334398.md)
generator: "portal-rs"
---

# Snowflake is up 51% year-to-date: Wise investors are acting accordingly

Quick ReadSNOW surged 51% year-to-date, but at 21x sales and 167x forward earnings, the market has already priced in its AI growth thesis.SNOW has outpaced SPY by roughly 40 percentage points year-to-date, though momentum has cooled with the stock flat over the past month.A pullback toward the 200-day moving average near $221 would materially reset...

### 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)
- [SPY.US](https://longbridge.com/en/quote/SPY.US.md)

## Related News & Research

- [Snowflake Announces Proposed Private Placement of $3.5 Billion of 0.00% Convertible Senior Notes | SNOW Stock News](https://longbridge.com/en/news/300294749.md)
- [BUZZ-Snowflake edges up after increased $3.75 bln convertible bond sale](https://longbridge.com/en/news/300444404.md)
- [Snowflake Upsizes Convertible Note Offering to $3.75 Billion](https://longbridge.com/en/news/300466855.md)
- [Snowflake Prices Upsized Private Placement of $3.75 Billion of 0.00% Convertible Senior Notes | SNOW Stock News](https://longbridge.com/en/news/300390464.md)
- [Snowflake director Benoit Dageville disposes of common shares worth $16.95 million](https://longbridge.com/en/news/300079818.md)

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