NYSE: SNOW

Snowflake (SNOW) Stock Analysis & Forecast

Nov 4 close

$290.60−4.44 (−1.5%)

Gekko Brief

AI summaryNov 4 close

Snowflake product news led the week, with announcements at Snowflake Expedition 2026 covering new tools for deploying AI agents with governed data controls, along with CoCo and CoWork offerings for what the company calls the agentic enterprise, and new capabilities aimed at autonomous data engineering. USA Cycling was also announced as a customer ahead of the LA28 Games. Despite this steady product cadence, shares slid alongside peers Palantir and Datadog after Palantir's beat-and-raise quarter drew a negative market reaction, with Snowflake down 2% in that session and off 5.03% the day before, closing at $290.68.

Shares now sit at $290.60, below both the 50-day average of $330.10 and the 200-day average of $240.40, reflecting a mixed trend after a one-month decline of 13.5% and a three-month decline of 8.6%, even as the stock remains up 108% over six months and 4.9% over the past year. The GekkoIndex reads 67, placing the stock in the Accumulation zone, while price sits 21.2% below the Gekko Fair Value of $368.98.

The next earnings date falls on 2 December 2026, 27 days away and inside a typical 20-trading-day holding window; the prior quarter saw an 11.5% reaction after an EPS beat of $0.62 versus a $0.45 estimate. Over the last 90 days, Congress recorded 3 buys and 0 sells, and the last 30 days show 3 unusual options signals, with call premium of $26,830,226 against put premium of $4,010,783. Seasonally, the next 20 trading days have averaged a 15.9% move over 5 years, rising in 3 of those years.

Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.

Snowflake price vs fair value

$368.98$290.60Nov ’25May ’26Nov ’26
Close $290.60200-day averageGekko Fair Value $368.98

Snowflake quick facts

Market cap
$102.5B
P/E ratio
—
Forward P/E
109.9
EPS, TTM
−$3.18
Revenue, TTM
$5.43B
Profit margin
-20.1%
Dividend yield
—
Beta
1.32
Volume
6.01M avg 4.66M
1-year return
+4.9%
Typical daily move
±5.9%
Typical 20-day move
±9.7%
50-day average
$330.10
200-day average
$240.40
Next earnings
Dec 2 after close
Shares outstanding
352.8M
52-week range
$118.30$384.56

Snowflake swing-trade checklist

Snowflake scores 4 supportive, 1 mixed and 1 headwind across the 6 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

4 supportive1 mixed1 headwind

  • Trendmixed

    Averages disagree

    Close $290.60 sits between the 50-day ($330.10) and 200-day ($240.40) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    67, Accumulation

    Reading 67 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    21.2% below

    Price is 21.2% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneysupportive

    Leans bullish

    Last 90 days: Congress 3 buys / 0 sales. Last 30 days: 3 unusual options signals.

    See smart money
  • Earnings riskheadwind

    Reports in 27 days

    Reports on Dec 2, 2026, 27 days away — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +15.9% on average

    From this point in the calendar, the next 20 trading days averaged +15.9% over 5 years, rising in 3 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Snowflake stock chart and price history

Snowflake closed at $290.60 on Nov 4, 2026, +4.9% over the past year, inside a 52-week range of $118.30 to $384.56.

Close50-day average200-day averageVolume
Snowflake share price, past year, with 50-day and 200-day moving averages and volume$150$200$250$350DecJan 2026FebMarAprMayJunJulAugSepOct290.60

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−13.5%
3 months
−8.6%
6 months
+108.0%
1 year
+4.9%
The full SNOW chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open SNOW in Gekko

Follow Snowflake through every session

Put SNOW on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.

Track SNOW in GekkoFree for 7 days. No credit card required.

About Snowflake

Snowflake provides a cloud-based data platform built around what it calls the Data Cloud, a system that brings together data from many different sources into one consistent base. From there, customers can pull out business insights, build applications that rely on data, and share information securely with others.

The platform is designed to work for a broad range of organizations, regardless of their size or the field they operate in, and it serves both domestic customers in the United States and clients in other countries.

Snowflake traces its start back to 2012, when it operated under the name Snowflake Computing, Inc., before adopting its current name, Snowflake Inc., in April 2019. It runs its main operations out of Bozeman, Montana, and its shares are listed on the NYSE under the ticker SNOW.

Listed
NYSE
Sector
Technology services
Industry
Packaged software
Website
snowflake.com

Snowflake GekkoIndex: the smart money zone

Snowflake’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 67, in the Accumulation zone, up 10.5 points over five sessions.

010067Accumulation

Up 10.5 points over five sessions, from the Neutral zone.

Reading for Nov 4, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying40+2.6%+2.5%+5.5%+6.6%
Accumulation (current zone)233−0.5%−0.6%+1.5%+10.5%
Neutral346+1.1%+2.4%+4.0%+9.0%
Distribution64+1.9%+1.7%−1.2%−1.2%
Selling14+1.1%+4.3%+6.6%−4.4%

Average SNOW share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.0% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the SNOW price, zone by zone.Track SNOW in Gekko

Is Snowflake stock overvalued? Gekko Fair Value

Snowflake trades 21.2% below Gekko Fair Value of $368.98, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Snowflake shares are worth, recalculated every trading day.

$368.98

Gekko Fair Value, Nov 4, 2026

21.2% Undervalued

At the end of Aug 2026 the price was 5.5% above the estimate.

Gekko Fair ValueShare price, month end
$369$295Aug 2026SepOctNov 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open SNOW in Gekko

Snowflake insider and Congress trading

No open-market insider purchases were filed for Snowflake, and members of Congress disclosed 3 purchases and 0 sales, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for SNOW in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every SNOW insider filing, plotted on the chart in Gekko.Open SNOW in Gekko

Congress trades last 90 days

3trades disclosed: 3 purchases and 0 sales.

MemberTypeAmountDisclosed
Maria Elvira Salazar
House, FL, purchase
Purchase$15,001 - $50,000Oct 8
traded Sep 4
Maria Elvira Salazar
House, FL, purchase
Purchase$1,001 - $15,000Oct 8
traded Sep 4
Gilbert Cisneros
House, CA, purchase
Purchase$1,001 - $15,000Sep 11
traded Aug 7

From congressional disclosures, which report amounts as ranges.

Buybacks

Snowflake has been buying back its own shares.

Bought back, quarter ended Apr 30, 2026
$300.0M
As a share of market cap
0.29%

From company filings.

Unusual options activity last 30 days

3signals, 87% of the flagged premium in calls.

Latest: Bullish flow on Oct 31, $13.18M in unusual premium.

Hedge funds and billionaires quarter ended Jun 30

6of the funds Gekko tracks hold SNOW.

1added4opened1trimmed3sold out
Every signal with its contract, strike and premium, and which funds are on each side.Unlock in Gekko

Snowflake earnings: next date and track record

Snowflake reports on Dec 2, 2026, after the close (27 days away), and beat the EPS estimate in 8 of its last 8 reports.

8 of 8reports beat the EPS estimate
±17%average move across the report
7 of 8reports followed by a gain

Share-price move across each report

+31.6%Nov ’24+5.8%Feb ’25+11.1%May ’25+24.0%Aug ’25−9.6%Dec ’25+7.5%Feb ’26+34.7%May ’26+11.5%Sep ’26

Last earnings call, Sep 2, 2026 AI summary

What they said
Snowflake reported Q2 FY2027 product revenue of $1.49 billion, up 37% year-over-year, marking the second consecutive quarter of record sequential dollar growth and 7 points of acceleration in just two quarters. Non-GAAP operating margin expanded 400+ basis points year-over-year to 15%. The company added 692 net new customers, a 32% year-over-year increase, with total customers reaching 14,600. Sixty-five customers now exceed $10 million in trailing 12-month product revenue.
Guidance
Management provided guidance for Q3 and full-year FY2027, signaling continued growth momentum driven by AI workload adoption, Cortex/Cowork product expansion, and platform consumption lift from AI activation. Specific revenue targets were not yet disclosed in this excerpt.
ReportedEPSSurpriseRevenueSurpriseMove
Sep 2, 2026$0.62
est $0.45
+38.8%$1.55B
est $1.48B
+4.3%+11.5%
May 27, 2026$0.39
est $0.32
+21.9%$1.39B
est $1.32B
+5.1%+34.7%
Feb 25, 2026$0.32
est $0.27
+18.5%$1.28B
est $1.26B
+2.2%+7.5%
Dec 3, 2025$0.35
est $0.31
+12.3%$1.21B
est $1.18B
+2.4%−9.6%
Aug 27, 2025$0.35
est $0.27
+31.1%$1.14B
est $1.09B
+5.2%+24.0%
May 21, 2025$0.24
est $0.21
+13.0%$1.04B
est $1.01B
+3.6%+11.1%
Feb 26, 2025$0.30
est $0.18
+70.0%$986.8M
est $957.8M
+3.0%+5.8%
Nov 20, 2024$0.20
est $0.15
+33.3%$942.1M
est $899.3M
+4.8%+31.6%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Snowflake stock forecast and analyst price targets

Analysts’ average 12-month price target for Snowflake is $426.50, +46.8% from the last close, from 36 firms rating the stock in the last 90 days.

$426.50consensus 12-month target, +46.8% from the last close
Low $360High $525
Buy32
Hold4
Sell0

Each firm’s latest rating in the last 90 days: 36 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Oct 23Bank of America SecuritiesBuy, maintained$470+61.7%
Oct 16J.P. MorganBuy, maintained——
Oct 16Truist FinancialBuy, reiterated$425+46.2%
Oct 12NeedhamBuy, maintained$450+54.9%
Oct 12Phillip SecuritiesHold, downgraded$423+45.6%
+1.5%average 20-day move after past Accumulation readings
+15.9%average move over the next 20 trading days in the last 5 years
±5.9%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Snowflake seasonality: the next 20 trading days

Over the next 20 trading days from Nov 4, Snowflake averaged +15.9% across the last 5 years, rising in 3 of them.

Next 20 trading days, by year

−3.3%2021+2.5%2022+29.1%2023+54.7%2024−0.2%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+8.3%5 of 5
Next 10 trading days+7.5%4 of 5
Next 15 trading days+13.4%4 of 5
Next 20 trading days+15.9%3 of 5
Next 30 trading days+12.4%3 of 5

For scale, SNOW’s typical 20-trading-day move in either direction is about 9.7%.

Snowflake market cap and key statistics

Snowflake’s market cap is $102.5B and revenue of $5.43B over the last twelve months.

Valuation

Market cap
$102.5B
Forward P/E
109.9
EPS, TTM
−$3.18
Gekko Fair Value
$368.98

Trading

Volume
6.01M
Avg volume, 20 days
4.66M
52-week high
$384.56
52-week low
$118.30
Shares outstanding
352.8M

Financials

Revenue, TTM
$5.43B
Profit margin
-20.1%
Return on equity
-48.1%
Quarterly earnings growth, YoY
0.0%

Risk and income

Beta
1.32
Typical daily move
±5.9%
Typical 20-day move
±9.7%

Snowflake peers

Snowflake’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
MSFTMicrosoft+2.2%Neutral17.8% above
PLTRPalantir Technologies+4.1%Accumulation4.7% below
ORCLOracle+1.6%Accumulation29.7% below
PANWPalo Alto Networks+0.2%Accumulation7.4% above
CRWDCrowdStrike−0.7%Neutral8.1% above
CRMSalesforce−0.8%Accumulation9.3% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

More stocks in Packaged software

Snowflake stock FAQ

What is Snowflake’s market cap?

Snowflake’s market cap is $102.5B at the Nov 4, 2026 close of $290.60, with 352.8M shares outstanding.

What is the Snowflake stock forecast?

The consensus analyst 12-month price target for Snowflake is $426.50, +46.8% from the last close. Of the 36 firms that rated the stock in the last 90 days, 32 rate it a buy, 4 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Snowflake stock overvalued or undervalued?

On Gekko’s estimate Snowflake is undervalued: the Nov 4, 2026 close of $290.60 is 21.2% below Gekko Fair Value of $368.98. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Snowflake report earnings next?

Snowflake is expected to report on Dec 2, 2026, after the market closes (27 days away). Analysts expect earnings of $0.60 per share on revenue of $1.65B. Snowflake beat the earnings estimate in 8 of its last 8 reports, moving 17% on average across the report.

What is Snowflake’s 52-week high and low?

Snowflake’s 52-week high is $384.56 and its 52-week low is $118.30; it closed at $290.60 on Nov 4, 2026, +4.9% over the past year. Over the last five years the shares peaked at $405.00 on Nov 17, 2021.

Is Snowflake stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 6 items with data read as supportive (gekkoindex, fair value, smart money and seasonality), 1 as mixed (trend) and 1 as a headwind (earnings risk). The checklist is a description of current data, not a recommendation.

Is there unusual options activity in Snowflake?

Gekko flagged 3 unusual options signals in Snowflake over the last 30 days, with $26.83M of flagged premium in calls and $4.01M in puts. The latest, bullish flow, was on Oct 31, 2026 with $13.18M in unusual premium. The signal-by-signal table is in Gekko.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

See Snowflake the way Gekko members do

Every GekkoIndex reading, insider trade, options bet and Congress disclosure plotted on the chart, plus the 5,800-name screener and trade planning tools.

Join 1,460 other traders using Gekko

Start Your FREE 7 Day Trial → Every feature unlocked. No credit card required.