Snowflake Inc. provides a cloud-based data platform for various organizations in the United States and internationally. The company’s platform includes artificial intelligence (AI) Data Cloud, which enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data applications, and share data and data products, as well as applies AI for solving business problems. It serves financial services, advertising, media and entertainment, retail and consumer goods, healthcare and life sciences, manufacturing, technology, telecom, travel and hospitality, and government and defense industries, as well as the public sector. The company was formerly known as Snowflake Computing, Inc. and changed its name to Snowflake Inc. in April 2019. Snowflake Inc. was incorporated in 2012 and is based in Bozeman, Montana.
Financial Outlook | Analyst price targets range from $192 to $245, reflecting optimism about Snowflake's growth potential despite consumption-based model challenges in uncertain economy |
Competitive Landscape | Uncover Snowflake's strategies to maintain market share against fierce competition from Databricks and major cloud providers in the evolving data analytics space |
AI-Powered Growth | Delve into Snowflake's AI initiatives, including Cortex and OpenAI integration, positioning the company for significant expansion in the $350 billion TAM by 2029 |
Cloud Data Dominance | Explore Snowflake's leadership in cloud-based data warehousing, driving innovation with over 400 new features and a robust $69.47 billion market cap |
Metrics to compare | SNOW | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipSNOWPeersSector | |
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P/E Ratio | −50.5x | 59.5x | 11.8x | |
PEG Ratio | 1.01 | 0.24 | 0.01 | |
Price / Book | 29.3x | 2.9x | 2.4x | |
Price / LTM Sales | 18.4x | 3.5x | 2.2x | |
Upside (Analyst Target) | 8.7% | 13.5% | 18.7% | |
Fair Value Upside | Unlock | 12.2% | 5.2% | Unlock |