SNOW

ACCE-researched
Snowflake Inc. Common Stock
Technology · Software - Application · NYSE · United States
$332.43-1.76%
Market cap $117.3BNext earnings 2026-09-02Updated Sep 20, 2026
FAIR VALUE · CONSENSUS
$332.43+0.0%
confidence-weighted across 2 of 6 models
Now $332.43
$332.43
$51.35$61.33
AvoidSilver63
Price vs fair value
508.0% above
-83.6% to fair value
ACCE score
52
out of 100
Analysts
86% buy
51 covering
P/E
0.0x
forward 166.7x
1-year return
+49.7%
Dividend yield
0.00%
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Overview

ACCE thesis

Snowflake operates a cloud data platform that separates compute from storage, allowing enterprises to scale processing power independently while paying only for resources consumed. The architecture eliminates the need for companies to manage complex data warehouse infrastructure, creating switching costs as customers build their analytics workflows on Snowflake's platform. AI workloads are driving accelerated data consumption, with the company's AI-related revenue growing 400% year-over-year in fiscal 2024. Revenue per customer jumped 23% to $234,000 in the latest quarter, while the platform now serves over 9,400 customers across 50+ countries. Despite burning cash on rapid expansion, Snowflake trades at 12x forward sales while maintaining 67% gross margins and a net revenue retention rate above 125%.

Written Apr 18, 2026
Investor warnings · 4 flags
  • high
    Massive insider selling
    Last 10 disclosed transactions: $0 buys vs $174.41M in sales. Zero insider purchases signals low conviction from insiders.
  • high
    Severe valuation premium
    ACCE fair value $180, stock at $277.17 - 54% premium. Forward P/E 135x with negative operating margin of -22.2%.
  • moderate
    Negative profitability metrics
    ROE -54.9%, operating margin -22.2%, EV/EBITDA -76.6. No P/E exists; company remains deeply unprofitable despite 33.5% revenue growth.
  • moderate
    Elevated debt load
    Debt/Equity ratio of 1.21 is notable for a loss-making software company, adding financial risk if growth decelerates.

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Price

+44.8% · 1Y

Valuation

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Quality

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Analysts

Wall Street consensus

Bullish86% buy · 51 covering analysts
Strong buy 35 Buy 9 Hold 6 Sell 0 Strong sell 1
Analyst intelligence INVESTOR FEATURE

The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.

  • +Price-target low / average / high vs the current price, with implied upside
  • +Forward revenue and EPS consensus by fiscal year
  • +ACCE fair-value models lined up against the Street

Smart Money

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Follow the institutions: 13F position changes, insider trades, and active 13D activist filings.

  • +Quarter-over-quarter institutional position changes
  • +Recent open-market insider transactions
  • +Active 13D activist filings and top holders

Compare

Where it sits vs peers

This stock Peer Peer median weaker → stronger
P/Ebetter than 100% of peers
low 0.0x0.0xhigh 87.1x
ROEbetter than 0% of peers
low -48%-48%high 72%
Div yieldbetter than 83% of peers
low 0.0%0.0%high 2.5%

Algorithmic peers (6)

TickerCompanyMcapP/EROED/EYieldQuality
ADPAutomatic Data Processing Inc. Common Stock$107.7B24.872.2%0.822.5%-Compare
ADBEAdobe Inc. Common Stock$98.9B13.961.9%0.540.0%-Compare
NOWServiceNow Inc. Common Stock$140.1B84.714.2%0.120.0%-Compare
UBERUber Technologies Inc. Common Stock$144.0B15.537.2%0.400.0%-Compare
SHOP.TOShopify$164.7B87.115.5%0.000.0%-Compare
SHOPShopify Inc. Class A Subordinate Voting Shares$165.3B86.815.5%0.000.0%-Compare

Sector report card

Where SNOW ranks against its sector peers on each metric.

Computing percentiles…

News and Record

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Recent performance

1 week
+1.0%
1 month
+2.3%
3 months
+43.1%
6 months
+97.9%
YTD
+51.5%
1 year
+49.7%

SEC filings

30 filings of 40
May 2026
May 4
Form 4Insider transactionPeriod 2026-05-01
April 2026
Apr 17
Form 4Insider transactionPeriod 2026-04-15
Apr 9
Form 4Insider transactionPeriod 2026-04-07
27 more filings + AI summaries on Investor+.INVESTOR