Key Takeaways
- Swedbank AB expanded its Snowflake position by 6.0%, purchasing 75,419 additional shares to bring total holdings to approximately $291.84 million.
- SNOW shares opened at $141.75, significantly beneath the 200-day moving average of $201.76 and analyst consensus target of $242.19.
- Q4 revenue reached $1.28 billion with 30.1% year-over-year growth, surpassing EPS forecasts with $0.32 versus expected $0.27 — though profitability remains elusive.
- Company insiders disposed of 435,054 shares during the past 90 days, with one director reducing holdings by 61.83%.
- The company will report Q1 FY2027 earnings on May 27, 2026 — a critical catalyst for potential price movement.
Shares of Snowflake launched Wednesday’s session at $141.75, positioning the stock nearly 30% underneath its 50-day moving average of $157.50 and substantially distant from its 200-day moving average of $201.76. The equity has oscillated between a 12-month low of $118.30 and a peak of $280.67, currently trading much nearer to the bottom of this range.
Sweden’s Swedbank AB acquired 75,419 additional shares of SNOW throughout Q4, elevating its complete position to 1,330,415 shares — approximately 0.39% of the enterprise. Based on regulatory filing valuations, this stake represented roughly $291.84 million.
Swedbank joined several other institutions in accumulating shares during the period. GoalVest Advisory expanded its position by 221.4%, while Physician Wealth Advisors and HHM Wealth Advisors each boosted their holdings by more than 50%. Collectively, institutional investors control 65.10% of Snowflake’s outstanding stock.
Contrasting with institutional accumulation, company insiders have been liquidating positions. During the preceding 90 days, Snowflake insiders offloaded 435,054 shares valued at approximately $72.7 million. Director Michael L. Speiser executed a significant transaction on February 6th, divesting 50,338 shares at an average price of $165.22 — a sale that decreased his stake by 61.83%.
EVP Christian Kleinerman completed a separate transaction on March 2nd, selling 10,000 shares at $165.01 while maintaining ownership of 510,477 shares afterward. Both executives conducted their transactions through pre-established Rule 10b5-1 trading arrangements.
Revenue Exceeds Expectations Amid Ongoing Losses
Snowflake’s latest quarterly performance, disclosed February 25th, revealed revenue of $1.28 billion — representing 30.1% year-over-year expansion and marginally surpassing the consensus projection of $1.25 billion. Earnings per share landed at $0.32, exceeding the $0.27 forecast by $0.05.
However, the enterprise continues operating with a negative net margin of 28.43% and a negative return on equity of 50.61%. Analyst projections anticipate Snowflake will record -$2.16 EPS for the complete fiscal year. The company’s PE ratio currently registers at -35.89.
Market capitalization totals $49 billion. Snowflake maintains a current ratio of 1.30 alongside a debt-to-equity ratio of 1.18.
Analyst Price Targets Signal Substantial Upside Potential
The average analyst price objective for SNOW stands at $242.19 — suggesting approximately 71% appreciation potential from present levels. Among 41 analysts monitoring the stock, 33 carry Buy ratings, one maintains a Strong Buy, five assign Hold ratings, and two classify it as a Sell. The overall consensus registers as “Moderate Buy.”
Bank of America reaffirmed its Buy designation while adjusting its target downward from $275 to $195. Piper Sandler reduced its objective from $285 to $230 while preserving an Overweight stance. Mizuho similarly lowered its target from $285 to $220 while sustaining an Outperform recommendation.
Zacks Investment Research elevated SNOW from Strong Sell to Hold during early March.
Regarding product developments, o9 Solutions revealed a new integration leveraging Snowflake’s Connected Application framework, connecting its o9 Digital Brain platform with Snowflake’s AI Data Cloud infrastructure.
Snowflake has scheduled its Q1 FY2027 earnings announcement for May 27, 2026.
