A Glimpse Into The Expert Outlook On Snowflake Through 32 Analysts
Portfolio Pulse from Benzinga Insights
Analysts have mixed views on Snowflake (NYSE:SNOW) with recent ratings showing a blend of bullish and bearish perspectives. The average 12-month price target has decreased to $205.47 from $212.33. Key analysts have adjusted their ratings and price targets, reflecting dynamic market conditions and company performance. Snowflake has shown strong revenue growth but faces challenges in profitability and financial performance metrics.
June 21, 2024 | 12:00 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Analysts have mixed views on Snowflake with a new average price target of $205.47, down from $212.33. The company shows strong revenue growth but struggles with profitability.
The mixed analyst ratings and the slight decrease in the average price target suggest a neutral short-term impact on Snowflake's stock. While the company shows strong revenue growth, its profitability challenges may temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100