Analyst Upside

AU · rank #9 · 2026-07-22

SNOW

NYSE · $93.20B (USD)

SignalStrong Buy5.0strength 5.0 / 10
verdict · PROCEED

The exact numbers the algorithm saw.

Factor scores and the inputs behind this pick.
Composite score
Z-score blend of all factors below.
1.684
EPS revisions (30d)
Change in consensus EPS estimate over the past 30 days ($/share).
+$0.01
Net revisions (30d)
Number of analysts revising upward minus downward.
43
Insider signal (90d)
$0 across 0 unique buyers.
-0.197
Analyst upside
Consensus target $293.97
+8.2%
Momentum acceleration
3-month minus 12-month momentum.
+78.60%
Analyst rating
5 = Strong Buy, 1 = Strong Sell.
4.51
Gross margin TTM+67.1%
52w high$284.99
Market cap (USD)$93.20B

The AI research card

Independent qualitative review of each pick before the order is placed. On the rare day the research service is unavailable, the paper book trades on the quant ranking alone and no card appears here.

Summary

Snowflake operates a multi-cloud Data Cloud platform enabling enterprises to store, share, and analyze data across AWS, Azure, and GCP, monetized on a consumption basis with 124% net revenue retention and $6.7B in remaining performance obligations.

Rationale

The analyst_upside signal is reinforced by a 21.95% earnings beat, 33.5% YoY revenue growth, 97.8% revision agreement across 50 analysts, and a 60-day EPS revision of $0.27, indicating broad, conviction-heavy upward re-rating rather than isolated optimism.

Material risks

  • 1Billings growth lagged revenue in Q1 2027, signaling potential demand normalization or customer cloud-cost optimization that could compress future consumption and undermine the RPO-to-revenue conversion thesis.
  • 2Hyperscalers (Redshift, BigQuery, Synapse) and Databricks are actively commoditizing Snowflake's core workloads, and with no long-term fixed-price contracts, pricing power erosion could accelerate faster than consensus models assume.

AI verdict council

Each pick is reviewed independently by 3 models before any order. 2 of 3 voted to proceed.

OpenAI
Proceed
Claude
Proceed
Gemini
Error