Leadership Transition | Jonathan Beaulier's appointment as Chief Revenue Officer marks a strategic shift to centralize sales around AI messaging, introducing execution risks |
Revenue Momentum | Bookings growth accelerated to 50 percentage points year-over-year, supported by four nine-figure expansion deals, signaling strong customer engagement |
Price Targets | Analyst price targets range from $192 to $290, reflecting diverse perspectives on the company's ability to execute its AI strategy amid leadership changes |
AI-Driven Evolution | Snowflake pivots toward artificial intelligence through strategic partnerships with OpenAI and Anthropic, reshaping its platform and go-to-market approach |
Metrics to compare | SNOW | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipSNOWPeersSector | |
|---|---|---|---|---|
P/E Ratio | −78.7x | 17.4x | 12.6x | |
PEG Ratio | −4.85 | −0.73 | 0.01 | |
Price / Book | 48.6x | 5.0x | 2.4x | |
Price / LTM Sales | 18.7x | 6.1x | 2.3x | |
Upside (Analyst Target) | 8.7% | 0.0% | 31.4% | |
Fair Value Upside | Unlock | 2.9% | 5.8% | Unlock |
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 has a collaboration with OpenAI, L.L.C. for the development of AI solutions for joint enterprise customers that deliver tangible return on investment. 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 Menlo Park, California.