Analyst Upside

AU · rank #3 · 2026-07-23

SNOW

NYSE · $93.20B (USD)

SignalStrong Buy6.6strength 6.6 / 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.
2.172
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
+9.8%
Momentum acceleration
3-month minus 12-month momentum.
+84.35%
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, generating consumption-based revenue with 124% net revenue retention and $6.7B in remaining performance obligations.

Rationale

The analyst_upside strategy is reinforced by a 21.95% earnings surprise, 97.8% revision agreement across 50 analysts, and 60-day EPS revisions of $0.27, signaling broad, coordinated upward re-rating of a name that just materially beat on revenue, EPS, and operating income.

Material risks

  • 1Billings growth lagged revenue in Q1 2027, a leading indicator that consumption expansion may be decelerating and that the 9.8% analyst upside embedded in targets could compress if forward bookings disappoint.
  • 2Hyperscalers (AWS, Google, Azure) and Databricks are actively commoditizing Snowflake's core data warehousing and sharing workloads from both above and below, threatening the neutral multi-cloud positioning that justifies premium valuation at ~$93B market cap.

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