Analysts’ Recent Ratings Changes for Snowflake (SNOW)

Snowflake (NYSE: SNOW) recently received a number of ratings updates from brokerages and research firms:

• 8/26/2026 – Snowflake had its “buy” rating reaffirmed by Citigroup Inc..
• 8/25/2026 – Snowflake had its price target raised by Benchmark Co. from $290.00 to $360.00. They now have a “buy” rating on the stock.
• 8/25/2026 – Snowflake was given a new $360.00 price target by Truist Financial Corporation.
• 8/25/2026 – Snowflake had its price target raised by Robert W. Baird from $280.00 to $350.00. They now have an “outperform” rating on the stock.
• 8/24/2026 – Snowflake had its “neutral” rating reaffirmed by Guggenheim.
• 8/20/2026 – Snowflake had its “buy” rating reaffirmed by Deutsche Bank Aktiengesellschaft.
• 8/20/2026 – Snowflake had its price target raised by TD Cowen from $300.00 to $370.00. They now have a “buy” rating on the stock.
• 8/20/2026 – Snowflake had its price target raised by Truist Financial Corporation from $300.00 to $375.00. They now have a “buy” rating on the stock.
• 8/19/2026 – Snowflake had its price target raised by Mizuho from $295.00 to $355.00. They now have an “outperform” rating on the stock.
• 8/19/2026 – Snowflake had its “overweight” rating reaffirmed by Morgan Stanley. They now have a $300.00 price target on the stock.
• 8/19/2026 – Snowflake had its price target raised by Bank of America Corporation from $330.00 to $395.00. They now have a “buy” rating on the stock.
• 8/18/2026 – Snowflake was given a new $350.00 price target by Stifel Nicolaus.
• 8/18/2026 – Snowflake had its price target raised by UBS Group AG from $370.00 to $425.00. They now have a “buy” rating on the stock.
• 8/18/2026 – Snowflake had its “market outperform” rating reaffirmed by Citigroup Inc..
• 8/18/2026 – Snowflake had its price target raised by Citizens Jmp from $325.00 to $408.00. They now have a “market outperform” rating on the stock.
• 8/16/2026 – Snowflake had its price target raised by Jefferies Financial Group Inc. from $310.00 to $385.00. They now have a “buy” rating on the stock.
• 8/14/2026 – Snowflake had its price target raised by Royal Bank Of Canada from $313.00 to $372.00. They now have an “outperform” rating on the stock.
• 8/12/2026 – Snowflake had its price target raised by Oppenheimer Holdings, Inc. from $295.00 to $400.00. They now have an “outperform” rating on the stock.
• 8/10/2026 – Snowflake had its “outperform” rating reaffirmed by Evercore Inc. They now have a $360.00 price target on the stock.
• 8/3/2026 – Snowflake had its price target raised by BTIG Research from $325.00 to $340.00. They now have a “buy” rating on the stock.
• 7/29/2026 – Snowflake had its “overweight” rating reaffirmed by Wells Fargo & Company.
• 7/20/2026 – Snowflake had its price target raised by Jefferies Financial Group Inc. from $300.00 to $310.00. They now have a “buy” rating on the stock.
• 7/17/2026 – Snowflake had its price target raised by Royal Bank Of Canada from $284.00 to $313.00. They now have an “outperform” rating on the stock.
• 7/16/2026 – Snowflake had its price target raised by KeyCorp from $285.00 to $325.00. They now have an “overweight” rating on the stock.

Insider Activity

In other news, Director Michael L. Speiser sold 403 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $324.06, for a total transaction of $130,596.18. Following the completion of the transaction, the director directly owned 22,573 shares of the company’s stock, valued at $7,315,006.38. This trade represents a 1.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frank Slootman sold 48,990 shares of Snowflake stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $320.78, for a total value of $15,715,012.20. Following the transaction, the director owned 28,535 shares of the company’s stock, valued at $9,153,457.30. This represents a 63.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 2,272,001 shares of company stock worth $597,315,032 over the last ninety days. 4.80% of the stock is currently owned by insiders.

Snowflake Inc is a cloud-native data platform company that provides a suite of services for storing, processing and analyzing large volumes of data. Its core offering, often described as the Snowflake Data Cloud, combines data warehousing, data lake and data sharing capabilities in a single managed service delivered across major public cloud providers. The platform is designed to support analytics, data engineering, data science and application workloads with a focus on scalability, concurrency and simplified administration.

Key products and capabilities include a multi-cluster, shared-data architecture that separates compute from storage; continuous data ingestion and streaming; support for structured and semi-structured data formats; tools for data governance, security and compliance; and developer frameworks for building data applications.