$SNOW - Looks goodNYSE:SNOW Snowflake is back above the trendline and trading around the Point of Control resistance area.
Oscillators are showing bullish divergence.
See Mar 27 post for price targets.
What's happening today with SNOWFLAKE
- •Snowflake will reveal Q1 2025 financial results on May 22, 2024, and host a discussion at 3 p.m. Mountain Time.
Next report date
Report period
Q1 2024
EPS estimate
0.16EUR
Revenue estimate
735.87 MEUR
−2.36EUR
−772.95 MEUR
2.59 BEUR
307.94 M
About Snowflake Inc.
Sector
Industry
CEO
Sridhar Ramaswamy
Website
Headquarters
Bozeman
Employees (FY)
7 K
Founded
2012
FIGI
BBG01C4Y0BN3
Snowflake, Inc. provides cloud data warehousing software. This includes the Data Cloud, an ecosystem where Snowflake customers, partners, data providers, and data consumers can break down data silos and derive value from rapidly growing data sets in secure, governed, and compliant ways. Its platform supports a range of use cases, including data warehousing, data lakes, data engineering, data science, data application development, and data sharing. The cloud-native architecture consists of three independently scalable layers across storage, compute, and cloud services. The storage layer ingests massive amounts and varieties of structured and semi-structured data to create a unified data record. The compute layer provides dedicated resources to enable users to simultaneously access common data sets for many use cases without latency. The cloud services layer optimizes each use case's performance requirements with no administration. Snowflake was founded by Marcin Zukowski, Thierry Cruanes and Benoit Dageville on July 23, 2012 and is headquartered in Bozeman, MT.
Results due 22 May 2024Snowflake reported its maiden results back in December 2020
Revenue $159.62M reported earnings $ -0.28M.
Revenue has grown exponentially since though earnings have been negative to date.
Results are due 22nd May 2024, estimated revenue $786.8M, estimated maiden positive earnings $0.174M.
Stock pric
Snow long positionHi traders,
The price has been in the range since July 2022.
The support has held strong but the resistance at 190 $ has proven to be a key level as well.
We expect the price to retest the support again which could be the entry for the long position. After that l think SNOW will move up again and
BUY BUY BUY SNOWIt's a BUY BUY BUY for SNOW. BUY now or wait for a pull back on the daily to BUY, but either way, SNOW is a GREAT BUY.
This is a 1 to 3 year play, going back up to the 405.00 price level and beyond.
SNOW - Another nailed entry explained. On our way to a 48 R:R TPYes, 48 R:R sounds crazy. How about a 54 R:R? even crazier.
Watch this video to understand how this is super possible over and over again in the markets.
Happy Trading :)
- TraderDaddyOG
Make It Rain When The Temperatures LowAs my grandma used to say, "we don't play in the snow, we just make it rain when the temperatures low"
Bullish mid-long term.
Bullish near-term IF it regains 164 in the coming days.
- If it breaks back above 164 by 3/14 then my initial target is 187 by 3/25/2024
- Regardless, it will be trading a
SNOW - Major long opportunity! Look for this to enterThis is super interesting and we could be near a great level to get in for a longer term hold.
Many confluences on this one so keep this one on the list!
Happy Trading :)
Snow updateSnow looks like it's found a short term bottom, i'd be long shares here with a stop at 151.50. Below that i could see $140 in play. To the upside we could see $190. I don't believe this will be a quick rally and likely it will choppy, so i would avoid short term options.
Snowflake Buy RangeIf this lower trendline can hold, this is a great buy opportunity for SNOW. My fortune 500 employer has adopted snowflake and I've read their licensing agreements are more profitable and sustainable than competitors. I have opened a position at these levels.
Fundamentals have also been trending p
Snowflake Unveils Data Clean Rooms: A Secure Cross- CloudData Clean Rooms, a technology born out of the need for secure data collaboration, have now been democratized by Snowflake ( NYSE:SNOW ), making them accessible to enterprises of all sizes. With the general availability of Snowflake Data Clean Rooms in AWS East, AWS West, and Azure West, businesses
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Frequently Asked Questions
The current price of 1SNOW is 147.94 EUR — it has decreased by 0.01% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on MIL exchange SNOWFLAKE stocks are traded under the ticker 1SNOW.
SNOWFLAKE is going to release the next earnings report on May 22, 2024. Keep track of upcoming events with our Earnings Calendar.
1SNOW stock is 0.37% volatile and has beta coefficient of 1.73. Check out the list of the most volatile stocks — is SNOWFLAKE there?
1SNOW earnings for the last quarter are 0.24 EUR per share, whereas the estimation was 0.15 EUR resulting in a 57.13% surprise. The estimated earnings for the next quarter are 0.17 EUR per share. See more details about SNOWFLAKE earnings.
SNOWFLAKE revenue for the last quarter amounts to 694.39 M EUR despite the estimated figure of 675.08 M EUR. In the next quarter revenue is expected to reach 703.00 M EUR.
Yes, you can track SNOWFLAKE financials in yearly and quarterly reports right on TradingView.
1SNOW stock has risen by 8.70% compared to the previous week, the month change is a 2.93% fall, over the last year SNOWFLAKE has showed a 12.59% increase.
1SNOW net income for the last quarter is −156.56 M EUR, while the quarter before that showed −202.64 M EUR of net income which accounts for 22.74% change. Track more SNOWFLAKE financial stats to get the full picture.
Today SNOWFLAKE has the market capitalization of 49.43 B, it has decreased by 2.36% over the last week.
No, 1SNOW doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
Like other stocks, 1SNOW shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade SNOWFLAKE stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 29, 2024, the company has 7.00 K employees. See our rating of the largest employees — is SNOWFLAKE on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So SNOWFLAKE technincal analysis shows the neutral today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating SNOWFLAKE stock shows the strong sell signal. See more of SNOWFLAKE technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on SNOWFLAKE future price: according to them, 1SNOW price has a max estimate of 230.93 EUR and a min estimate of 117.34 EUR. Read a more detailed SNOWFLAKE forecast: see what analysts think of SNOWFLAKE and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. SNOWFLAKE EBITDA is −874.93 M EUR, and current EBITDA margin is −34.74%. See more stats in SNOWFLAKE financial statements.