Snowflake Q2 EPS Estimate Decreased by Capital One Financial

Snowflake Inc. (NYSE:SNOW) – Research analysts at Capital One Financial dropped their Q2 2026 EPS estimates for shares of Snowflake in a report issued on Wednesday, January 15th. Capital One Financial analyst C. Murphy now expects that the company will post earnings per share of ($0.57) for the quarter, down from their prior estimate of ($0.54). The consensus estimate for Snowflake’s current full-year earnings is ($2.36) per share. Capital One Financial also issued estimates for Snowflake’s Q3 2026 earnings at ($0.54) EPS and Q4 2026 earnings at ($0.52) EPS.

SNOW has been the subject of a number of other reports. Needham & Company LLC lifted their price target on shares of Snowflake from $160.00 to $200.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. Oppenheimer lifted their price target on shares of Snowflake from $180.00 to $200.00 and gave the company an “outperform” rating in a research report on Monday, January 13th. Argus started coverage on shares of Snowflake in a research report on Tuesday, October 1st. They set a “hold” rating for the company. Scotiabank raised their price objective on shares of Snowflake from $170.00 to $220.00 and gave the stock a “sector outperform” rating in a research note on Monday, December 9th. Finally, Barclays raised shares of Snowflake from an “equal weight” rating to an “overweight” rating and set a $190.00 price objective for the company in a research note on Friday, January 10th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating, twenty-eight have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $188.06.

Snowflake Price Performance

SNOW stock opened at $173.43 on Monday. The firm has a 50 day moving average of $162.06 and a 200-day moving average of $135.12. Snowflake has a 12-month low of $107.13 and a 12-month high of $237.72. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.77. The company has a market cap of $57.25 billion, a price-to-earnings ratio of -51.16 and a beta of 1.05.

Insider Activity at Snowflake

In other Snowflake news, CAO Emily Ho sold 1,508 shares of the business’s stock in a transaction on Tuesday, December 24th. The shares were sold at an average price of $163.17, for a total value of $246,060.36. Following the transaction, the chief accounting officer now owns 44,760 shares in the company, valued at $7,303,489.20. The trade was a 3.26 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Christian Kleinerman sold 15,000 shares of the business’s stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $180.00, for a total transaction of $2,700,000.00. Following the completion of the transaction, the executive vice president now owns 691,755 shares in the company, valued at $124,515,900. This represents a 2.12 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 376,904 shares of company stock worth $62,545,855. 7.80% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Snowflake

Institutional investors have recently added to or reduced their stakes in the company. Toronto Dominion Bank increased its position in shares of Snowflake by 24.1% in the 3rd quarter. Toronto Dominion Bank now owns 37,226 shares of the company’s stock worth $4,276,000 after purchasing an additional 7,239 shares during the last quarter. Independent Advisor Alliance increased its position in shares of Snowflake by 15.5% in the 3rd quarter. Independent Advisor Alliance now owns 4,078 shares of the company’s stock worth $468,000 after purchasing an additional 548 shares during the last quarter. Franklin Resources Inc. increased its position in shares of Snowflake by 1.4% in the 3rd quarter. Franklin Resources Inc. now owns 536,588 shares of the company’s stock worth $66,086,000 after purchasing an additional 7,373 shares during the last quarter. Westend Capital Management LLC bought a new stake in shares of Snowflake in the 4th quarter worth about $10,550,000. Finally, Kraematon Investment Advisors Inc. bought a new stake in shares of Snowflake in the 4th quarter worth about $240,000. Institutional investors and hedge funds own 65.10% of the company’s stock.

About Snowflake

Snowflake Inc provides a cloud-based data platform for various organizations in the United States and internationally. Its platform offers Data Cloud, which enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data-driven applications, and share data and data products, as well as applies artificial intelligence (AI) for solving business problems.