Snowflake Inc - Ordinary Shares - Class A

Snowflake Inc - Ordinary Shares - Class A

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Market Cap$88.57B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Snowflake Inc - Ordinary Shares - Class ASnowflake Inc - Ordinary Shares - Class A-73.7--62%17.22.9

Earnings Call Q1 2027

May 27, 2026 - AI Summary

Strong Q1 momentum; AI accelerates core platform + new “agentic control plane” products - Product revenue: $1.334B, +34% YoY (up from ~30% last quarter and ~26% a year ago), described as the strongest sequential dollar growth in company history. - Net revenue retention (NRR): 126% (improving). - Non-GAAP operating margin: expanded 300+ bps YoY to 12% (discipline + disciplined hiring). - Management attributes much of the inflection to AI compounding: faster workload migration to Snowflake for governance/data context, and Cortex Code (CoCo) driving more consumption on the core platform.
Guidance: FY’27 growth raised to 31% YoY; Q2 and full-year outlook details - FY’27 product revenue outlook: $5.84B, +31% YoY (raised from prior 27% target in the call). - Q2 product revenue: $1.415B–$1.42B, +30% YoY. - Bookings seasonality expectation: continued Q4-heavy weighting (customers favor Q4 renewals). - Pricing/consumption guidance philosophy: reiterated no change in methodology; beat is viewed as consistent with their “3% beat” framework.
Margins + cash: margin expansion continues despite AI mix; guidance assumes acquisition headwinds - FY’27 non-GAAP product gross margin: ~75% (explicitly reiterated even with higher AI/Cortex Code usage concerns from investors). - Q2 non-GAAP operating margin: 12.5%. - FY’27 non-GAAP operating margin guidance raised: from 12.5% to 13.5%. - Non-GAAP adjusted free cash flow margin guide: 23% reiterated. - Observe acquisition headwind: outlook includes an ~150 bps drag; management says Observe contributed <1pp to product growth in Q1 and should add ~1pp for the full year. - Natoma acquisition: intended acquisition brings ~20 employees; framed as extending agent actions beyond data workflows into everyday app actions.

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$255.62

Target Price by Analysts

5.9% upsideSnowflake Target Price DetailsTarget Price
$119.80

Current Fair Value

50.3% downside

Overvalued by 50.3% based on the discounted cash flow analysis.

Share Statistics

Market cap$88.57 Billion
Enterprise Value$92.11 Billion
Dividend Yield$- (-)
Earnings per Share$-3.95
Beta1.08
Outstanding Shares345,391,000

Return

Return on Equity-61.71%ROE
Return on Assets-13.99%
Return on Invested Capital-27.28%

Valuation & Multiples

P/E Ratio-73.73P/E Ratio
PEG235.74PEG
Price to Sales17.23Price to Sales
Price to Book Ratio48.26Price to Book Ratio
Enterprise Value to Revenue18.3
Enterprise Value to EBIT-70.69
Enterprise Value to Net Income-77
Total Debt to Enterprise0.06
Debt to Equity2.9Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
May 27, 2026
EPS Estimate
$0.32
Average shareholder expectation
Revenue Estimate
$1.32 B
Average shareholder expectation

Next Earnings Call

Expected Date
August 26, 2026
EPS Estimate
$0.43
Average shareholder expectation
Revenue Estimate
$1.48 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.7366 5.92%
Total Calls19,683,509 14.15%
Total Puts14,498,952 20.53%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %73.77% 3.71%
Total Invested$39.41B 30.94%
Investors Holding1,364 147.00%

ESG Score

No data

About Snowflake Inc

CEO: Frank Slootman

Relevant Senate Committees

Joint Committee on Taxation

Provides the official analysis and 'revenue estimates' for all tax legislation, directly influencing corporate tax policy and capital investment incentives that significantly impact Snowflake's financial planning.

Finance

Controls taxation and trade policy, which directly impacts corporate tax rates, R&D credits, and international business operations for a large, global software company.

Appropriations

Directly controls the allocation of federal spending across all government agencies, determining funding for IT projects, defense initiatives, and scientific research that could utilize Snowflake's services.

Judiciary

Oversees antitrust enforcement (DOJ), intellectual property rights critical for software companies, and increasingly, data privacy and broader tech sector regulation.

Banking, Housing, and Urban Affairs

Regulates the financial industry (a key customer segment for Snowflake), the SEC (relevant for all publicly traded companies), and increasingly influences data-related regulations in finance and cryptocurrency.

Commerce, Science, and Transportation

Has vast jurisdiction over 'Big Tech,' including data privacy, consumer protection (FTC), and interstate commerce, which directly impacts cloud data platforms handling vast amounts of customer data.

Homeland Security and Governmental Affairs

Regulates federal contracting, government data security, and emerging risks like AI in financial markets, directly impacting a major cloud data platform serving government agencies and financial institutions.