What is SNOW stock forecast?

Snowflake Inc. forecast includes bull, base, and bear case scenarios from 2026 through 2030. Revenue and EPS projections are derived from analyst consensus and conservative extrapolation with growth deceleration for outer years.

Is SNOW undervalued based on price targets?

Our DCF intrinsic value for Snowflake Inc. is $402.55, against a current price of $141.22. The margin of safety is 55.58%.

SNOW

Snowflake Inc.

NYSE: SNOW · TECHNOLOGY · SOFTWARE - APPLICATION

$141.22

-0.94% today

Updated 2026-04-29

Market cap

$48.51B

P/E ratio

—

P/S ratio

10.36x

EPS (TTM)

$-3.94

Dividend yield

—

52W range

$118 – $281

Volume

6.8M

Market cap

$48.51B

P/E ratio

—

P/S ratio

10.36x

EPS (TTM)

$-3.94

Dividend yield

—

52W range

$118 – $281

Volume

6.8M

Snowflake Inc. (SNOW) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current

$141.22

Consensus

$247.00

+74.90%

2030 Target

$455.55

+222.58%

DCF

$402.55

+55.58% MoS

Current price

$141.22

Analyst consensus

$247.00

+74.90%

2030 Target

$455.55

+222.58%

Intrinsic (DCF)

$402.55

+55.58% MoS

43 analysts:

21 Buy5 Hold0 Sell

Management guidance

No specific CEO revenue targets found in provided data. Most recent guidance appears to be historical: CEO Frank Slootman retired February 28, 2024. New CRO Jonathan Beaulier appointed March 31, 2026. Company previously guided to $10B revenue target but achieved only ~$4.68B (TTM as of April 2026), indicating significant miss on prior commitments.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range

Bull case (2030)

$759.25

$13.2B Rev × 20x P/S

Base case (2030)

$455.55

$13.2B Rev × 12x P/S

Bear case (2030)

$303.70

$13.2B Rev × 8x P/S

Financial forecast — research-backed

Metric	2024	2025	2026	2027 (E)	2028 (E)	2029 (E)	2030 (E)
Revenue	$2.8B	$3.6B	$4.7B	$7.4B	$9.1B	$11.1B	$13.2B
Revenue growth	—	29.2%	29.2%	23.4%	22.3%	21.4%	19.4%
EPS	$0.97	$0.94	$-0.27	$2.42	$3.25	$4.10	$5.05
P/S ratio	—	—	—	12.0x	12.0x	12.0x	12.0x
Implied price	—	—	—	$258.15	$318.89	$379.63	$455.55

Catalysts & risks

Growth catalysts

+ Project SnowWork AI launch - agentic AI platform for business users

+ Cortex AI capabilities expansion - positioning as AI workload leader

+ New CRO Jonathan Beaulier driving revenue acceleration and go-to-market strategy

+ Iceberg Tables and tiered storage monetization improvements

+ AI/data infrastructure secular tailwinds - enterprise adoption of GenAI applications

Key risks

- Ongoing securities class action litigation (April 27, 2026 deadline) for alleged fraud regarding product efficiency impacts on revenues - material legal and reputational risk

- Product efficiency gains (Iceberg Tables, tiered storage) reducing customer consumption and revenue per dollar spent - structural margin pressure

- Leadership transition risk - new CEO and CRO may take time to stabilize growth trajectory

- Valuation compression in software sector with YTD decline of -31.9%, may pressure customer spending sentiment

- Execution risk on AI monetization - Cortex and SnowWork must convert to material revenue contribution

Methodology

Snowflake Inc.'s forward estimates are derived from AI-powered research synthesis combining analyst consensus from 43 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.