Snowflake Inc. provides a cloud-based data platform for various organizations in the United States and internationally. The company’s platform includes artificial intelligence (AI) Data Cloud, which enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data applications, and share data and data products, as well as applies AI for solving business problems. It serves financial services, advertising, media and entertainment, retail and consumer goods, healthcare and life sciences, manufacturing, technology, telecom, travel and hospitality, and government and defense industries, as well as the public sector. The company was formerly known as Snowflake Computing, Inc. and changed its name to Snowflake Inc. in April 2019. Snowflake Inc. was incorporated in 2012 and is based in Bozeman, Montana.
Cloud Data Dominance | Snowflake's innovative platform leads the cloud-based data warehousing market, with robust 27.5% year-over-year revenue growth and expanding AI capabilities |
Financial Trajectory | Analysts project profitability this fiscal year with EPS of $1.22, while price targets range from $192 to $245, reflecting optimistic growth expectations |
Competitive Challenges | Explore Snowflake's strategies to maintain market share against tech giants and emerging rivals like Databricks in a fiercely competitive landscape |
AI-Driven Future | Delve into Snowflake's AI initiatives, including Snowflake Cortex and OpenAI integration, poised to capture a significant share of the $342 billion market by 2028 |
Metrics to compare | SNOW | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipSNOWPeersSector | |
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P/E Ratio | −56.5x | −5.9x | 11.5x | |
PEG Ratio | 1.60 | 0.01 | 0.01 | |
Price/Book | 32.9x | 4.6x | 2.4x | |
Price / LTM Sales | 18.9x | 4.0x | 2.2x | |
Upside (Analyst Target) | 13.4% | 19.9% | 19.7% | |
Fair Value Upside | Unlock | −2.8% | 4.9% | Unlock |