Snowflake Inc.

SWX:SNOW Stock Report

Market Cap: CHF 96.2b

Snowflake Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • 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 Fair 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 (CHF281.2) is trading above our estimate of future cash flow value (CHF212.87)

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 Ratio21.9x
SalesUS$5.43b
Market CapUS$116.67b

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 Average19.2x
NET Cloudflare
47.3x21.39%US$115.6b
SHOP Shopify
12.5x20.16%US$167.2b
CRWV CoreWeave
5.8x39.90%US$46.0b
MDB MongoDB
11.4x14.99%US$30.3b
SNOW Snowflake
21.9x21.07%CHF 116.7b

Price-To-Sales vs Peers: SNOW is expensive based on its Price-To-Sales Ratio (21.9x) compared to the peer average (19.2x).

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?

15 CompaniesPrice / SalesEstimated GrowthMarket Cap
SNOW 21.9xIndustry Avg. 0.8xNo. of Companies37PS00.61.21.82.43+
15 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: SNOW is expensive based on its Price-To-Sales Ratio (21.9x) compared to the European IT industry average (0.8x).

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 Ratio21.9x
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 281.20
CHF 350.60
+24.68%
16.44%CHF 432.90CHF 90.70n/a47
Sep ’27CHF 263.60
CHF 269.12
+2.09%
20.43%CHF 405.71CHF 89.26n/a48
Aug ’27CHF 238.70
CHF 246.20
+3.14%
18.65%CHF 407.66CHF 89.68n/a48
Jul ’27CHF 210.45
CHF 236.93
+12.58%
18.45%CHF 404.97CHF 89.09n/a48
Jun ’27CHF 190.94
CHF 221.90
+16.21%
18.59%CHF 393.31CHF 86.53n/a48
May ’27CHF 108.11
CHF 183.76
+69.97%
22.23%CHF 394.78CHF 97.62n/a47
Apr ’27CHF 120.90
CHF 190.21
+57.33%
20.47%CHF 399.79CHF 140.72n/a47
Mar ’27CHF 128.61
CHF 186.09
+44.69%
21.01%CHF 384.39CHF 130.69n/a47
Feb ’27CHF 154.53
CHF 217.75
+40.91%
15.18%CHF 386.50CHF 131.41n/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 136.03CHF 263.6047
Aug ’26n/a
CHF 185.78
0%
16.69%CHF 349.79CHF 119.25CHF 238.7047
Jul ’26CHF 170.38
CHF 184.68
+8.40%
17.66%CHF 354.06CHF 120.70CHF 210.4547
Jun ’26CHF 166.49
CHF 182.19
+9.44%
18.18%CHF 362.00CHF 123.41CHF 190.9446
May ’26CHF 132.37
CHF 161.07
+21.69%
12.55%CHF 193.94CHF 94.91CHF 108.1145
Apr ’26n/a
CHF 181.37
0%
11.33%CHF 207.71CHF 101.65CHF 120.9044
Mar ’26n/a
CHF 184.30
0%
12.47%CHF 212.16CHF 103.82CHF 128.6142
Feb ’26n/a
CHF 171.55
0%
12.95%CHF 204.91CHF 104.73CHF 154.5340
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
CHF 353.33
Fair Value
20.4% 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 Analysis2026/09/17 05:01
End of Day Share Price 2026/09/17 00:00
Earnings2026/07/31
Annual Earnings2026/01/31

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 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 69 analysts. 48 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

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