Snowflake Inc. (NYSE:SNOW) will release its second earnings report after the closing bell on Wednesday, Sept. 2.
Analysts expect the Menlo Park, California-based company to report quarterly earnings of 45 cents per share, up from 35 cents per share in the year-ago period. The consensus estimate for Snowflake’s quarterly revenue is $1.48 billion. It reported $1.14 billion last year, according to Benzinga Pro.
On May 27, Snowflake reported upbeat financial results for the first quarter of fiscal 2027.
Snowflake shares fell 3.5% to close at $319.80 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.
- Cantor Fitzgerald analyst Thomas Blakey maintained an Overweight rating and boosted the price target from $282 to $405 on Aug. 31, 2026. This analyst has an accuracy rate of 68%.
- Barclays analyst Raimo Lenschow maintained an Equal-Weight rating and increased the price target from $285 to $332 on Aug. 27, 2026. This analyst has an accuracy rate of 71%.
- Citigroup analyst Tyler Radke maintained a Buy rating and raised the price target from $320 to $395 on Aug. 26, 2026. This analyst has an accuracy rate of 70%.
- Benchmark analyst Yi Fu Lee maintained a Buy rating and increased the price target from $290 to $360 on Aug. 25, 2026. This analyst has an accuracy rate of 79%.
- Baird analyst William Power maintained an Outperform rating and boosted the price target from $280 to $350 on Aug. 25, 2026. This analyst has an accuracy rate of 84%.
Considering buying SNOW stock? Here’s what analysts think:
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