Snowflake Schedules Q1 Earnings Release Amid High Analyst Targets
Citizens Jmp reiterated a "market outperform" rating on Tuesday, setting a price objective of $325.00 for the shares.
Meanwhile, Citigroup reiterated a "buy" rating on Monday, following target adjustments from other major research institutions earlier in the year.
Canaccord Genuity Group previously adjusted its price target from $270.00 to $240.00 while maintaining a "buy" rating on February 26.
BTIG Research also lowered its price objective to $235.00 on February 23, while Needham & Company LLC adjusted its target to $200.00 on February 26.
Market Performance and Financial Health
Snowflake currently holds a market capitalization of $58.55 billion, opening at $169.36 on Wednesday.
>>> Snowflake Shares Surge After Bank of America Raises Price Target
The firm retains a negative return on equity of 50.61% and a negative net margin of 28.43%, while maintaining equal current and quick ratios of 1.30.
Other schedules to note
- May 20, 2026 - 15:01
- Wall Street analysts project the cloud data warehousing company to report earnings of $0.32 per share, with revenue expected to reach $1.3237 billion for the quarter. Investors can access the official summary and live co
- The upcoming report follows a strong preceding quarter where Snowflake outperformed market estimates. The company delivered earnings of $0.32 per share against a predicted $0.27, while generating $1.28 billion in revenue
- Market equities data shows Snowflake currently holds a market capitalization of $58.55 billion, opening at $169.36 on Wednesday. The firm retains a negative return on equity of 50.61% and a negative net margin of 28.43%,
- Director Frank Slootman executed a sale of 88,701 shares on March 18 at an average price of $175.93, reducing his direct ownership by 69.98%. Additionally, Executive Vice President Christian Kleinerman liquidated 10,000
- Institutional investments remained active alongside insider shifts, with institutional investors and hedge funds holding 65.10% of the company's stock. New positions were established by Kemnay Advisory Services Inc., Gre
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