Snowflake Inc.

SWX:SNOW Stock Report

Market Cap: CHF 56.1b

Snowflake Valuation

Is SNOW undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of SNOW when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: SNOW (CHF164.37) is trading above our estimate of future cash flow value (CHF140.96)

Significantly Below Future Cash Flow Value: SNOW is trading above our estimate of future cash flow value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SNOW?

Key metric: As SNOW is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for SNOW. This is calculated by dividing SNOW's market cap by their current revenue.
What is SNOW's PS Ratio?
PS Ratio16.4x
SalesUS$4.39b
Market CapUS$71.76b

Price to Sales Ratio vs Peers

How does SNOW's PS Ratio compare to its peers?

The above table shows the PS ratio for SNOW vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average16.7x
NET Cloudflare
30.2x19.87%US$60.8b
MDB MongoDB
14x15.65%US$32.5b
SHOP Shopify
16.8x18.62%US$179.5b
TEMN Temenos
6x5.70%CHF 5.1b
SNOW Snowflake
16.4x19.03%CHF 71.8b

Price-To-Sales vs Peers: SNOW is good value based on its Price-To-Sales Ratio (16.4x) compared to the peer average (16.7x).

Historical Price to Sales Ratio

Historical Price to Sales Ratio compares a stock's price to its sales over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Sales Ratio vs Industry

How does SNOW's PS Ratio compare vs other companies in the European IT Industry?

14 CompaniesPrice / SalesEstimated GrowthMarket Cap
SNOW 16.4xIndustry Avg. 0.9xNo. of Companies35PS00.81.62.43.24+
14 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: SNOW is expensive based on its Price-To-Sales Ratio (16.4x) compared to the European IT industry average (0.9x).

Price to Sales Ratio vs Fair Ratio

What is SNOW's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SNOW PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio16.4x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate SNOW's Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst SNOW forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 164.37
CHF 225.67
+37.29%
15.14%CHF 398.85CHF 135.61n/a47
Jan ’27CHF 176.18
CHF 223.44
+26.83%
15.02%CHF 394.05CHF 133.98n/a47
Dec ’26CHF 200.12
CHF 220.33
+10.10%
16.45%CHF 402.42CHF 136.82n/a47
Nov ’26n/a
CHF 211.60
0%
13.84%CHF 349.97CHF 135.22n/a47
Oct ’26n/a
CHF 209.94
0%
13.35%CHF 350.24CHF 135.32n/a47
Sep ’26n/a
CHF 208.54
0%
14.18%CHF 352.07CHF 136.03n/a47
Aug ’26n/a
CHF 185.78
0%
16.69%CHF 349.79CHF 119.25n/a47
Jul ’26CHF 170.38
CHF 184.68
+8.40%
17.66%CHF 354.06CHF 120.70n/a47
Jun ’26CHF 166.49
CHF 182.19
+9.44%
18.18%CHF 362.00CHF 123.41n/a46
May ’26CHF 132.37
CHF 161.07
+21.69%
12.55%CHF 193.94CHF 94.91n/a45
Apr ’26n/a
CHF 181.37
0%
11.33%CHF 207.71CHF 101.65n/a44
Mar ’26n/a
CHF 184.30
0%
12.47%CHF 212.16CHF 103.82n/a42
Feb ’26n/a
CHF 171.55
0%
12.95%CHF 204.91CHF 104.73n/a40
Jan ’26n/a
CHF 165.51
0%
13.10%CHF 202.26CHF 103.38CHF 176.1839
Dec ’25n/a
CHF 159.99
0%
12.15%CHF 199.57CHF 102.00CHF 200.1239
Nov ’25n/a
CHF 144.82
0%
14.96%CHF 190.59CHF 90.96n/a37
Oct ’25n/a
CHF 141.19
0%
14.73%CHF 185.51CHF 88.54n/a37
Sep ’25n/a
CHF 142.07
0%
14.06%CHF 186.51CHF 89.01n/a37
Aug ’25n/a
CHF 169.88
0%
14.57%CHF 209.00CHF 92.99n/a37
Jul ’25n/a
CHF 176.32
0%
12.95%CHF 215.35CHF 112.16CHF 170.3837
Jun ’25n/a
CHF 184.72
0%
11.28%CHF 216.83CHF 112.93CHF 166.4938
May ’25n/a
CHF 188.29
0%
12.59%CHF 223.78CHF 113.71CHF 132.3740
Apr ’25n/a
CHF 187.65
0%
12.60%CHF 222.42CHF 113.02n/a39
Mar ’25n/a
CHF 183.15
0%
14.34%CHF 256.14CHF 105.99n/a40
Feb ’25n/a
CHF 188.63
0%
29.89%CHF 514.63CHF 102.93n/a41
Jan ’25n/a
CHF 187.32
0%
30.16%CHF 518.27CHF 103.65n/a41
CHF 221.76
Fair Value
25.9% undervalued intrinsic discount
47
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/01/26 06:09
End of Day Share Price 2026/01/23 00:00
Earnings2025/10/31
Annual Earnings2025/01/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Snowflake Inc. is covered by 66 analysts. 50 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jamie SheltonArete Research Services LLP
Adam ShepherdArete Research Services LLP
William PowerBaird