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Snowflake Inc. (SNOW) Laps the Stock Market: Here's Why
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Snowflake Inc. (SNOW - Free Report) ended the recent trading session at $251.24, demonstrating a +1.04% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 0.54% for the day. Elsewhere, the Dow saw an upswing of 0.61%, while the tech-heavy Nasdaq appreciated by 0.65%.
Coming into today, shares of the company had lost 8.3% in the past month. In that same time, the Computer and Technology sector lost 1.42%, while the S&P 500 lost 0.8%.
The investment community will be closely monitoring the performance of Snowflake Inc. in its forthcoming earnings report. The company is scheduled to release its earnings on December 3, 2025. The company is predicted to post an EPS of $0.31, indicating a 55% growth compared to the equivalent quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.18 billion, up 25.39% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $1.17 per share and a revenue of $4.6 billion, demonstrating changes of +40.96% and +26.9%, respectively, from the preceding year.
Any recent changes to analyst estimates for Snowflake Inc. should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Snowflake Inc. currently has a Zacks Rank of #3 (Hold).
Investors should also note Snowflake Inc.'s current valuation metrics, including its Forward P/E ratio of 211.83. This expresses a premium compared to the average Forward P/E of 28.95 of its industry.
Meanwhile, SNOW's PEG ratio is currently 6.75. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. By the end of yesterday's trading, the Internet - Software industry had an average PEG ratio of 1.85.
The Internet - Software industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 69, this industry ranks in the top 28% of all industries, numbering over 250.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
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Snowflake Inc. (SNOW) Laps the Stock Market: Here's Why
Snowflake Inc. (SNOW - Free Report) ended the recent trading session at $251.24, demonstrating a +1.04% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 0.54% for the day. Elsewhere, the Dow saw an upswing of 0.61%, while the tech-heavy Nasdaq appreciated by 0.65%.
Coming into today, shares of the company had lost 8.3% in the past month. In that same time, the Computer and Technology sector lost 1.42%, while the S&P 500 lost 0.8%.
The investment community will be closely monitoring the performance of Snowflake Inc. in its forthcoming earnings report. The company is scheduled to release its earnings on December 3, 2025. The company is predicted to post an EPS of $0.31, indicating a 55% growth compared to the equivalent quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.18 billion, up 25.39% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $1.17 per share and a revenue of $4.6 billion, demonstrating changes of +40.96% and +26.9%, respectively, from the preceding year.
Any recent changes to analyst estimates for Snowflake Inc. should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Snowflake Inc. currently has a Zacks Rank of #3 (Hold).
Investors should also note Snowflake Inc.'s current valuation metrics, including its Forward P/E ratio of 211.83. This expresses a premium compared to the average Forward P/E of 28.95 of its industry.
Meanwhile, SNOW's PEG ratio is currently 6.75. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. By the end of yesterday's trading, the Internet - Software industry had an average PEG ratio of 1.85.
The Internet - Software industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 69, this industry ranks in the top 28% of all industries, numbering over 250.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.