Snowflake Inc. (SNOW) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does Snowflake Inc. Do?
Snowflake Inc. provides a cloud-based data platform in the United States and internationally. The company's platform offers Data Cloud, which enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data-driven applications, and share data. Its platform is used by various organizations of sizes in a range of industries. 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. Snowflake Inc. (SNOW) is classified as a large-cap stock in the Technology sector, specifically within the Computer Software industry. The company is led by CEO Frank Slootman and employs approximately 3,990 people. With a market capitalization of $52.9B, SNOW is one of the prominent companies in the Technology sector.
Snowflake Inc. (SNOW) Stock Rating — Reduce (April 2026)
As of April 2026, Snowflake Inc. receives a Reduce rating with a composite score of 33.7/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.SNOW ranks #3,515 out of 4,446 stocks in our coverage universe. Within the Technology sector, Snowflake Inc. ranks #416 of 584 stocks, placing it in the lower half of its Technology peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
SNOW Stock Price and 52-Week Range
Snowflake Inc. (SNOW) currently trades at $121.14. The stock lost $11.10 (8.4%) in the most recent trading session. The 52-week high for SNOW is $280.67, which means the stock is currently trading -56.8% from its annual peak. The 52-week low is $120.10, putting the stock 0.9% above its annual trough. Recent trading volume was 23.3M shares, indicating strong institutional interest and high liquidity.
Is SNOW Overvalued or Undervalued? — Valuation Analysis
Snowflake Inc. (SNOW) carries a value factor score of 31/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The price-to-book ratio stands at 26.81x, versus the sector average of 3.16x. The price-to-sales ratio is 11.18x, compared to 1.06x for the average Technology stock.
At current multiples, Snowflake Inc. trades at a premium to most Technology peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.
Snowflake Inc. Profitability — ROE, Margins, and Quality Score
Snowflake Inc. (SNOW) earns a quality factor score of 31/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -68.1%, compared to the Technology sector average of -1.4%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -14.4% versus the sector average of -1.0%.
On a margin basis, Snowflake Inc. reports gross margins of 67.4%, compared to 50.9% for the sector. The operating margin is -31.7% (sector: -0.5%). Net profit margin stands at -28.8%, versus -1.5% for the average Technology stock. Revenue growth is running at 39.6% on a trailing basis, compared to 14.2% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.
SNOW Debt, Balance Sheet, and Financial Health
Snowflake Inc. has a debt-to-equity ratio of 375.0%, compared to the Technology sector average of 43.0%. This elevated leverage warrants close monitoring, as it increases the company's sensitivity to rising interest rates and economic downturns. The current ratio is 1.30x, suggesting adequate working capital coverage. Total debt on the balance sheet is $2.28B. Cash and equivalents stand at $1.94B.
SNOW has a beta of 1.35, meaning it is more volatile than the broader market — a $10,000 investment in SNOW would be expected to move 35.3% more than the S&P 500 on any given day. The stability factor score for Snowflake Inc. is 43/100, reflecting average volatility within the normal range for its sector.
Snowflake Inc. Revenue and Earnings History — Quarterly Trend
In TTM 2026, Snowflake Inc. reported revenue of $4.61B and earnings per share (EPS) of $-3.95. Net income for the quarter was $-1.31B. Gross margin was 67.4%. Operating income came in at $-1.45B.
In FY 2026, Snowflake Inc. reported revenue of $4.68B and earnings per share (EPS) of $-3.95. Net income for the quarter was $-1.33B. Gross margin was 67.2%. Revenue grew 29.2% year-over-year compared to FY 2025. Operating income came in at $-1.44B.
In Q3 2026, Snowflake Inc. reported revenue of $1.21B and earnings per share (EPS) of $-0.87. Net income for the quarter was $-292M. Gross margin was 67.8%. Revenue grew 0.0% year-over-year compared to Q3 2025. Operating income came in at $-329M.
In Q3 2025, Snowflake Inc. reported revenue of $1.21B and earnings per share (EPS) of $-0.87. Net income for the quarter was $-292M. Gross margin was 67.8%. Operating income came in at $-329M.
Over the past 8 quarters, Snowflake Inc. has demonstrated a growth trajectory, with revenue expanding from $869M to $4.61B. Investors analyzing SNOW stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
SNOW Dividend Yield and Income Analysis
Snowflake Inc. (SNOW) does not currently pay a dividend. This is common among growth-oriented companies in the Computer Software industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Technology dividend stocks may want to explore other Technology stocks or use the stock screener to filter by dividend yield.
SNOW Momentum and Technical Analysis Profile
Snowflake Inc. (SNOW) has a momentum factor score of 32/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 23/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 50/100 reflects moderate short selling activity.
SNOW vs Competitors — Technology Sector Ranking and Peer Comparison
Within the Technology sector, Snowflake Inc. (SNOW) ranks #416 out of 584 stocks based on the Blank Capital composite score. This places SNOW in the lower half of all Technology stocks in our coverage universe. Key competitors and sector peers include IHS Holding Ltd (IHS) with a score of 55.0/100, VERISIGN INC/CA (VRSN) with a score of 56.0/100, ESCO TECHNOLOGIES INC (ESE) with a score of 51.7/100, CareCloud, Inc. (CCLD) with a score of 46.9/100, and MMTec, Inc. (MTC) with a score of 47.4/100.
Comparing SNOW against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full SNOW vs S&P 500 (SPY) comparison to assess how Snowflake Inc. stacks up against the broader market across all factor dimensions.
SNOW Next Earnings Date
No upcoming earnings date has been announced for Snowflake Inc. (SNOW) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy SNOW? — Investment Thesis Summary
The quantitative profile for Snowflake Inc. suggests caution. The quality score of 31/100 flags below-average profitability. The value score of 31/100 indicates premium valuation. Momentum is weak at 32/100, a headwind for near-term performance.
In summary, Snowflake Inc. (SNOW) earns a Reduce rating with a composite score of 33.7/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on SNOW stock.
Related Resources for SNOW Investors
Explore more research and tools: SNOW vs S&P 500 comparison, top Technology stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare SNOW head-to-head with peers: SNOW vs IHS, SNOW vs VRSN, SNOW vs ESE.