Snowflake Inc. (SNOW) AI Stock Analysis

Snowflake Inc. operates as a provider of cloud-based data platforms for organizations across various industries in the United States and globally. Its core offering is the Data Cloud, a platform that enables customers to consolidate data into a unified source of truth. This architecture allows organizations to extract business insights, build data-driven applications, and share data among stakeholders. Based in Bozeman, Montana, the company aims to help enterprises enhance operational efficiencies, improve decision-making processes, and execute digital transformation strategies across their data management environments.

Snowflake increased annual revenue from $1.22B in FY2022 to $2.07B in FY2023, $2.81B in FY2024, $3.63B in FY2025, and $4.68B in FY2026, delivering a 5-year revenue CAGR of 51.2%. Gross margin widened from 62.4% in FY2022 to 67.2% in FY2026. Operating margin improved from -58.6% in FY2022 to -30.6% in FY2026, though annual net income remained negative at -$1.33B in FY2026 compared to -$679.9M in FY2022. For the trailing twelve months ended July 31, 2026, revenue reached $5.43B with an operating margin of -17.0% and quarterly revenue growth of 35.1%.

As of July 31, 2026, Snowflake held $2.34B in cash and short-term investments against $2.76B in total debt, resulting in net debt of $419.1M and a current ratio of 0.94. Shareholders' equity stood at $2.15B with a debt-to-equity ratio of 1.29. In FY2026, the company generated $1.22B in operating cash flow and $1.12B in free cash flow. Cash deployment included $101.6M in capital expenditures and $873.5M spent on share buybacks, while the share count expanded 15.3% over 5 years.

Snowflake trades at a forward P/E of 169.5x and a price-to-sales multiple of 19.9x, compared to medians of 18.8x and 2.8x, respectively, for the median of its US-listed Technology peers. Its enterprise value stands at $118.54B, with an EV-to-revenue ratio of 21.8x and a PEG ratio of 8.41. The stock closed at $306.84 on October 16, 2026, up 39.9% year-to-date and 27.8% over the past year, outperforming the S&P 500 (SPY) return of 16.8% over one year, but lagging over 5 years with a return of -8.0% versus 83.0% for SPY.

Wall Street sentiment includes 35 Strong Buy, 10 Buy, 6 Hold, 0 Sell, and 1 Strong Sell ratings. The mean price target is $425.14, representing a 38.6% premium over the last close of $306.84. For the fiscal year ending January 31, 2027, consensus estimates call for revenue of $6.32B and EPS of $2.22, reflecting 77.9% EPS growth. Snowflake has beat EPS estimates in each of the last 4 quarters, with next earnings scheduled for December 2, 2026.

This page is an AI-written research summary of Snowflake Inc. (SNOW). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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