Snowflake Stock Probability of Future Stock Price Finishing Over 172.47

SNOW Stock  USD 172.47  4.80  2.86%   
Snowflake's future price is the expected price of Snowflake instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Snowflake performance during a given time horizon utilizing its historical volatility. Check out Snowflake Backtesting, Snowflake Valuation, Snowflake Correlation, Snowflake Hype Analysis, Snowflake Volatility, Snowflake History as well as Snowflake Performance.
For more information on how to buy Snowflake Stock please use our How to Invest in Snowflake guide.
  
At this time, Snowflake's Price Book Value Ratio is fairly stable compared to the past year. Price To Operating Cash Flows Ratio is likely to climb to 79.44 in 2024, whereas Price Earnings Ratio is likely to drop (80.59) in 2024. Please specify Snowflake's target price for which you would like Snowflake odds to be computed.

Snowflake Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Snowflake for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Snowflake can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Snowflake appears to be risky and price may revert if volatility continues
The company reported the previous year's revenue of 2.81 B. Net Loss for the year was (837.99 M) with profit before overhead, payroll, taxes, and interest of 1.35 B.
About 61.0% of the company shares are owned by institutional investors

Snowflake Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Snowflake Stock often depends not only on the future outlook of the current and potential Snowflake's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Snowflake's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding328 M
Cash And Short Term Investments3.8 B

Snowflake Technical Analysis

Snowflake's future price can be derived by breaking down and analyzing its technical indicators over time. Snowflake Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Snowflake. In general, you should focus on analyzing Snowflake Stock price patterns and their correlations with different microeconomic environments and drivers.

Snowflake Predictive Forecast Models

Snowflake's time-series forecasting models is one of many Snowflake's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Snowflake's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Snowflake

Checking the ongoing alerts about Snowflake for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Snowflake help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Snowflake appears to be risky and price may revert if volatility continues
The company reported the previous year's revenue of 2.81 B. Net Loss for the year was (837.99 M) with profit before overhead, payroll, taxes, and interest of 1.35 B.
About 61.0% of the company shares are owned by institutional investors

Additional Tools for Snowflake Stock Analysis

When running Snowflake's price analysis, check to measure Snowflake's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Snowflake is operating at the current time. Most of Snowflake's value examination focuses on studying past and present price action to predict the probability of Snowflake's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Snowflake's price. Additionally, you may evaluate how the addition of Snowflake to your portfolios can decrease your overall portfolio volatility.