--- 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 - [How Investors Are Reacting To Snowflake (SNOW) New AI Partnerships](https://longbridge.com/en/news/302337950.md) - [4,016 Snowflake Inc. $SNOW Shares Acquired by Prime Capital Investment Advisors LLC](https://longbridge.com/en/news/302848072.md) - [JadeOrbit OmniLens AI Launched as a Native App on Snowflake Marketplace](https://longbridge.com/en/news/303263274.md) - [Snowflake's rapid migrations create expansion opportunities: JP Morgan](https://longbridge.com/en/news/302129624.md) - [Snowflake (NYSE:SNOW) SVP Sells 3,876 Shares of Stock](https://longbridge.com/en/news/299251071.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**