Capital One Financial Cuts Earnings Estimates for Snowflake

Snowflake Inc. (NYSE:SNOW) – Investment analysts at Capital One Financial dropped their Q2 2026 earnings estimates for shares of Snowflake in a research note issued to investors on Wednesday, January 15th. Capital One Financial analyst C. Murphy now anticipates that the company will post earnings per share of ($0.57) for the quarter, down from their previous forecast of ($0.54). The consensus estimate for Snowflake’s current full-year earnings is ($2.36) per share. Capital One Financial also issued estimates for Snowflake’s Q3 2026 earnings at ($0.54) EPS and Q4 2026 earnings at ($0.52) EPS.

A number of other equities research analysts also recently commented on SNOW. Mizuho lifted their target price on Snowflake from $165.00 to $195.00 and gave the stock an “outperform” rating in a report on Thursday, November 21st. DA Davidson reaffirmed a “buy” rating and issued a $175.00 price target on shares of Snowflake in a report on Thursday, October 3rd. Scotiabank boosted their target price on shares of Snowflake from $170.00 to $220.00 and gave the stock a “sector outperform” rating in a research note on Monday, December 9th. TD Cowen increased their price objective on Snowflake from $180.00 to $190.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. Finally, Piper Sandler raised their target price on shares of Snowflake from $185.00 to $208.00 and gave the stock an “overweight” rating in a research note on Monday, January 6th. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating, twenty-eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Snowflake presently has an average rating of “Moderate Buy” and a consensus price target of $188.06.

Snowflake Trading Up 1.9 %

NYSE SNOW opened at $170.89 on Monday. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.77. The company has a fifty day simple moving average of $161.11 and a two-hundred day simple moving average of $134.97. The stock has a market cap of $56.41 billion, a P/E ratio of -50.41 and a beta of 1.05. Snowflake has a 12-month low of $107.13 and a 12-month high of $237.72.

Insider Buying and Selling

In related news, CRO Christopher William Degnan sold 12,782 shares of the company’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $157.24, for a total value of $2,009,841.68. Following the completion of the transaction, the executive now directly owns 311,999 shares of the company’s stock, valued at $49,058,722.76. This represents a 3.94 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Christian Kleinerman sold 15,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $120.77, for a total value of $1,811,550.00. Following the completion of the transaction, the executive vice president now directly owns 706,755 shares of the company’s stock, valued at $85,354,801.35. This trade represents a 2.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 376,904 shares of company stock worth $62,545,855 over the last 90 days. 7.80% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of SNOW. Groupama Asset Managment purchased a new stake in Snowflake in the third quarter valued at $25,000. V Square Quantitative Management LLC acquired a new stake in shares of Snowflake in the 3rd quarter valued at about $30,000. Fortitude Family Office LLC purchased a new position in Snowflake during the 3rd quarter worth approximately $34,000. Perkins Coie Trust Co increased its position in Snowflake by 136.3% during the fourth quarter. Perkins Coie Trust Co now owns 241 shares of the company’s stock worth $37,000 after buying an additional 139 shares during the period. Finally, Larson Financial Group LLC lifted its stake in Snowflake by 81.3% in the third quarter. Larson Financial Group LLC now owns 339 shares of the company’s stock valued at $39,000 after buying an additional 152 shares during the last quarter. 65.10% of the stock is owned by hedge funds and other institutional investors.

Snowflake Company Profile

Snowflake Inc provides a cloud-based data platform for various organizations in the United States and internationally. Its platform offers Data Cloud, which enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data-driven applications, and share data and data products, as well as applies artificial intelligence (AI) for solving business problems.