SNOW trades 24.9% below Wall Street's consensus target of $418.03.
Last 12 months price action with 12-month analyst target path
The base valuation assumes SNOW achieves its forward estimates and maintains a stable P/E multiple of 151.1x. This scenario reflects the blended consensus of 53 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of September 24, 2026, Snowflake Inc. (SNOW) has a Wall Street consensus price target of $418.03, based on estimates from 53 covering analysts. With the stock currently trading at $334.81, this represents a potential upside of +24.9%. The company has a market capitalization of $116.05B.
Analyst price targets range from a low of $250.00 to a high of $525.00, representing a 66% spread in expectations. The median target of $436.00 aligns closely with the consensus average. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Buy, with 43 analysts rating the stock as a Buy or Strong Buy,9 rating it Hold, and 1 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, SNOW trades at a trailing P/E of -84.8x and forward P/E of 151.1x. Analysts expect EPS to grow +170.9% over the next year.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 DDOGDatadog, Inc. | $89.5B | $251.49 | $274.47 | +9.1% | Buy | 99.3x | 48 |
 MDBMongoDB, Inc. | $34.5B | $428.36 | $466.06 | +8.8% | Buy | 65.3x | 44 |
 ESTCElastic N.V. | $9.4B | $91.28 | $79.50 | -12.9% | Buy | 36.1x | 34 |
 DBXDropbox, Inc. | $8.7B | $34.22 | $26.83 | -21.6% | Buy | 11.2x | 16 |
 GTLBGitLab Inc. | $8.3B | $49.01 | $49.71 | +1.4% | Hold | 56.6x | 30 |
 PLTRPalantir Technologies Inc. | $440.4B | $191.79 | $183.42 | -4.4% | Buy | 120.4x | 26 |
 TDCTeradata Corporation | $2.7B | $29.21 | $32.00 | +9.6% | Hold | 10.8x | 47 |
 ALITAlight, Inc. | $330M | $12.54 | $40.00 | +219.0% | Buy | 2.7x | 11 |
 SPSCSPS Commerce, Inc. | $3.0B | $81.29 | $69.00 | -15.1% | Hold | 16.6x | 23 |
 AMZNAmazon.com, Inc. | $2.7T | $249.27 | $326.33 | +30.9% | Buy | 19.5x | 94 |
Quick answers to the most common questions about buying SNOW stock.
The consensus Wall Street price target for SNOW is $418.03, representing 24.9% upside from the current price of $334.81. With 53 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
SNOW has a consensus rating of "Buy" based on 53 Wall Street analysts. The rating breakdown is predominantly bullish, with 43 Buy/Strong Buy ratings. The consensus 12-month price target of $418.03 implies 24.9% upside from current levels.
At a forward P/E of 151.1285x, SNOW trades at a premium valuation. The consensus price target of $418.03 (24.9% upside) suggests analysts still see growth justifying the multiple.
The most bullish Wall Street analyst has a price target of $525 for SNOW, while the most conservative target is $250. The consensus of $418.03 represents the median expectation. These targets typically reflect 12-month expectations.
SNOW is heavily covered by Wall Street, with 53 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 43 have Buy ratings, 9 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month SNOW stock forecast based on 53 Wall Street analysts shows a consensus price target of $418.03, with estimates ranging from $250 (bear case) to $525 (bull case). The median consensus rating is "Buy".
SNOW trades at a forward P/E ratio of 151.1x based on next-twelve-months earnings estimates. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are very optimistic on SNOW, with a "Buy" consensus rating and $418.03 price target (24.9% upside). 43 of 53 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
SNOW analyst price targets range from $250 to $525, a 66% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $418.03 consensus represents the middle ground.
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