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Snowflake Inc (SNOW)

NYSE
Currency in USD
Disclaimer
158.10
+5.61(+3.68%)
Closed
After Hours
158.34+0.24(+0.15%)

SNOW Comments

Finnaly the trash is crashed ! 50$ max
220
wow, speechless...my put printing greens tomorrow
290 or 232?
Most overvalued co in the mrkt at this moment ! Short as much as you can , this will drop huge for sure , the only🚀 which is still up there so far but it will crash soon for sure
Puts are cheap right now
Next official buy point is around $400
I buy at 50$
After falling, I thought I gave it a closer look. However, with this valuation it must grow 100% per year for the 3-4 years to justifiy 90b market cap. Must give it pass, but it is on my watchlist.
snow flex president sell big value of shares
230 soon
It’s melting fast.
Biggest bubble in the mrkt … ok after tesla maybe
This is the next to fall. it's trading 100x over its value. It also broke below the trend. It's going down this week
This is the next to fall. it's trading 100x over its value. It also broke below the trend. It's going down this week
Investors are turning up the heat, snow is melting.
ok
Would buy for 10B but not 100B :D
ok
Powerful stock
Under current market condition, sell into strength.
I see nice quarter on quarter revenue growth!
I am not one of those investors who doesn't understand growth and the value of market dominance, but ... what do we have that in Snowflake. See reply:
Pros: Margins could be very nice, especially in the future.
Cons: Market values it at a huge 100 multiple to sales. Company is not that new, sales are pretty mature already. Can it still grow with the same speed?
Cons: I constantly receive spam from them asking for a meeting. Loooks like they have very aggressive marketing, nothing wrong with that -- but this is how they buy growth and it is relatively cheap when every extra $100m is a 10% growth, but what happens when sales are $10b and $100million is a drop in a bucket. Are then planning to spend 20x the marketing budget -- that would be a huge amount and that would need to raise cash.
Current market cap is somewhere between 100 and 120 times 2021 sales... for a company that's yet to turn a profit, or a significant operating cash flow. I think we're beyond any form of rationality for Snowflake's valuation.
So many gaps to fill downwards...
breaking out
the worst stock there is
Is this company this expensive only because big money like it? Anyone care to explain? Isnt market cap 1000x revenue or am I wrong?
Not too expensive now when you see $400 in less than a year.
2021.09.02. SA Rec. $310. On 2021.07.15 - RB Best Buy @$250
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