Snowflake Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Benzinga
05-21

Snowflake Inc. (NYSE:SNOW) will release its first-quarter earnings results after the closing bell on Wednesday, May 21.

Analysts expect the Bozeman, Montana-based company to report quarterly earnings at 21 cents per share, up from 14 cents per share in the year-ago period. Snowflake projects to report quarterly revenue at $1.01 billion, compared to $828.71 million a year earlier, according to data from Benzinga Pro.

On May 8, Snowflake announced the appointment of Bill Scannell to its Board of Directors.

Snowflake shares gained 0.5% to close at $182.88 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

  • JMP Securities analyst Patrick Walravens reiterated a Market Outperform rating with a price target of $201 on May 20, 2025. This analyst has an accuracy rate of 64%.
  • Jefferies analyst Brent Thill maintained a Buy rating and increased the price target from $190 to $220 on May 20, 2025. This analyst has an accuracy rate of 78%.
  • Rosenblatt analyst Blair Abernethy maintained a Buy rating with a price target of $205 on May 19, 2025. This analyst has an accuracy rate of 72%.
  • Mizuho analyst Gregg Moskowitz maintained an Outperform rating and raised the price target from $190 to $205 on May 15, 2025. This analyst has an accuracy rate of 71%.
  • Piper Sandler analyst Brent Bracelin maintained an Overweight rating and slashed the price target from $215 to $175 on April 23, 2025. This analyst has an accuracy rate of 75%.

Considering buying SNOW stock? Here’s what analysts think:

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