Snowflake Inc. provides a cloud-based data platform for various organizations in the United States and internationally. Its platform offers Data Cloud, which enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data-driven applications, and share data and data products, as well as applies artificial intelligence (AI) for solving business problems. 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.
Cloud Data Dominance | Snowflake's cloud-native platform drives impressive growth, with $3.41 billion in trailing twelve-month revenue and a 30.28% year-over-year increase |
Innovation Pipeline | Explore Snowflake's expanding product portfolio, including Snowpark and Cortex Search, poised to fuel future growth and maintain competitive edge |
AI-Powered Future | Delve into Snowflake's strategic AI initiatives, set to go live by mid-2025, potentially creating significant consumption tailwinds in FY2026 |
Analyst Optimism | Discover varied analyst perspectives, with price targets ranging from $140 to $220, reflecting confidence in Snowflake's market position and growth potential |
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 | −40.2x | −6.1x | 11.5x | |
PEG Ratio | 0.79 | 0.11 | 0.01 | |
Price/Book | 17.2x | 3.8x | 2.4x | |
Price / LTM Sales | 14.2x | 4.4x | 2.1x | |
Upside (Analyst Target) | 33.1% | 35.6% | 28.4% | |
Fair Value Upside | Unlock | −6.8% | 6.1% | Unlock |