SNOW Price Prediction Next Week
Analysis and Insights
Technical Analysis:
Snowflake (SNOW) is currently trading at $158.55 as of March 7, 2025. The stock's technical indicators suggest a potential short-term rebound. The Relative Strength Index (RSI) is at 37.88, indicating oversold conditions, and the MACD is negative at -3.34, signaling bearish momentum. However, the stock is near its lower Bollinger Band, which often suggests a possible bounce.
News Sentiment and Analyst Ratings:
Recent news highlights Snowflake's strong earnings report, where it beat estimates with a 28% year-over-year increase in product revenue. Analysts have a mixed outlook, with a Hold rating from Argus Research but an overall Strong Buy consensus with a price target of $213.06, indicating significant upside potential.
Conclusion:
Given the oversold conditions and positive news, Snowflake's stock is expected to rebound in the short term. The target price for the next trading week is $168. It is recommended to buy on the dip, anticipating a bounce due to the stock's strong fundamentals and positive sentiment.
SNOW Similar Chart Price Prediction
The price of SNOW is predicted to go up 25.47%, based on the high correlation periods with ATRA. The similarity of these two price pattern on the periods is 93.81%.
SNOW
ATRA
Up: 25.47%Similarity: 93.81%
SNOW Revenue Forecast
SNOW EPS Forecast
SNOW FAQs
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SNOW VS S&P500
Snowflake could remain the only multicloud offering of its kind for much longer than anticipated, allowing it to increase its top line more with minimal pricing pressure.
Snowflake could move to a subscription model from a usage-based model, boosting its monetization of its products.
Snowflake could expand to other multicloud data needs, pushing spending per customer to greater heights.
SNOW Analyst's Forecast
Raimo Lenschow
Barclays
Buy
2025-02-27
Price Target
$190 → $203
Upside
+16.87%
Barclays raised the firm's price target on Snowflake to $203 from $190 and keeps an Overweight rating on the shares. The company reported a "healthy" Q4 and delivered fiscal 2026 sales guidance ahead of Street expectations, the analyst tells investors in a research note. The firm says Snowflake's sales strength "gives legs" to the emerging machine learning product story and should move shares higher.
Blair Abernethy
Rosenblatt
Strong Buy
2025-02-27
Price Target
$205
Upside
+18.03%
Brent Bracelin
Piper Sandler
Buy
2025-02-27
Price Target
$208 → $215
Upside
+23.78%
