Snowflake Inc - Ordinary Shares - Class A


Market Cap$74.3B

Compare Snowflake- Ordinary Shares

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Snowflake Inc - Ordinary Shares - Class ASnowflake Inc - Ordinary Shares - Class A-850%-18%33.4-
marketMarket Avg49.61.28%30%6.11.1
TechnologyTechnology Avg19.80.64%48%10.60.9

Earnings Call Q3 2024

November 29, 2023 - AI Summary

Q3 product revenue grew 34% YoY to reach $698 million, reflecting strong execution and a stabilizing macro environment.
Snowflake added 35 $1 million plus customers during the quarter, with 9 out of the top 10 customers growing sequentially.
The company is focused on enabling AI and ML technologies, introducing new capabilities such as Snowflake Cortex and Snowpark Container Services.
Consumption trends have improved, leading to increased guidance for Q4 and full-year fiscal 2024. Product gross margin and operating margin guidance were also raised.
Snowflake continues to see growth in unstructured data workloads, with consumption of unstructured data up 17 times YoY in October.

Target Price by Analysts

6% downsideSnowflake- Ordinary Shares Target Price DetailsTarget Price

Current Fair Value

1.3% upside

Undervalued by 1.3% based on the discounted cash flow analysis.

Share Statistics

Market cap$74.30 Billion
Enterprise Value$70.75 Billion
Dividend Yield$0.0 (0.0%)
Earnings per Share$-2.68
Outstanding Shares329,300,000
Avg 30 Day Volume5,273,213


Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio-85.02
Price to Sales33.43
Price to Book Ratio16.72
Enterprise Value to Revenue26.99
Enterprise Value to EBIT-66.81
Enterprise Value to Net Income-81
Total Debt to Enterprise0
Debt to Equity0

Revenue Sources

No data

ESG Score

No data

About Snowflake Inc

CEO: Frank Slootman