Snowflake Inc ($SNOW) Stock Forecast: Up 6.0% Today

What is Snowflake Inc?

Snowflake Inc. (SNOW) specializes in cloud-based data warehousing services and data analytics. It is a publicly traded company listed on the NYSE, and its stock has been displaying a bullish trend.

Why is Snowflake Inc going up?

SNOW stock is up 6.0% on May 1, 2025 17:01

• Significant players in the financial industry are displaying optimism towards SNOW options, making notable investments in the stock.
• SNOW performed better than the overall stock market, closing at $160.35, marking a +0.87% increase from the previous closing price, signaling positive momentum.
• Over the past six months, the stock has surged by 33% due to strong partnerships and an expanding AI portfolio, positioning it well for future growth.
• The current bullish movement of SNOW seems to be driven by a combination of positive stock performance, bullish options activity, and strong fundamentals, reflecting a growing confidence among investors in the company's future prospects.

SNOW Price Chart

SNOW Technical Analysis

SNOW News

Smart Money Is Betting Big In SNOW Options - Snowflake ( NYSE:SNOW )

Financial giants have made a conspicuous bullish move on Snowflake. Our analysis of options history for Snowflake SNOW revealed 13 unusual trades. Delving into the details, we found 46% of traders were bullish, while 38% showed bearish tendencies.

https://www.benzinga.com/insights/options/25/05/45137125/smart-money-is-betting-big-in-snow-options

Snowflake Inc. ( SNOW ) Outpaces Stock Market Gains: What You Should Know

The latest trading day saw Snowflake Inc. (SNOW) settling at $160.35, representing a +0.87% change from its previous close.

https://www.zacks.com/stock/news/2458377/snowflake-inc-snow-outpaces-stock-market-gains-what-you-should-know

Can SNOW Stock Continue Its Rally After Gaining 33% in Six Months?

Snowflake benefits from robust partnerships and an expanding AI portfolio, positioning it for continued success despite its premium valuation.

https://www.zacks.com/stock/news/2457228/can-snow-stock-continue-its-rally-after-gaining-33-in-six-months

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Snowflake Inc Price History

04.02.2025 - SNOW Stock was down 6.2%

• The downward movement in Snowflake's stock today may be due to investors taking profits following a recent increase in share price.
• Despite positive developments such as surpassing Q4 expectations and raising the full-year outlook, the stock may have undergone a brief setback.
• Technical analysis suggests that the stock is approaching resistance levels, potentially prompting some traders to sell for short-term profit.
• Investors are advised to closely monitor market sentiment and weigh Snowflake's long-term growth potential against short-term fluctuations.

24.03.2025 - SNOW Stock was up 5.1%

• The upbeat movement in Snowflake's stock could be linked to a notable rise in options activity, indicating that investors with significant capital are taking a favorable view on the company.
• The uptick in options trading implies increasing optimism and confidence in Snowflake's future performance and growth opportunities.
• The heightened interest from institutions and high-net-worth individuals may stem from encouraging developments or expectations regarding Snowflake's business strategy, product portfolio, or financial results.

27.01.2025 - SNOW Stock was up 7.8%

• Snowflake posted Q4 earnings and revenue that exceeded expectations by a significant margin.
• The company raised its full-year guidance and expanded its partnership with Microsoft to integrate leading AI models, boosting investor confidence.
• Analysts are optimistic about Snowflake's growth potential, particularly emphasizing the influence of AI-driven initiatives on its future performance.
• Following the announcement, Snowflake shares surged around 9% in after-hours trading, indicating investor trust in the company's strategic vision and financial prospects.

01.04.2025 - SNOW Stock was up 6.0%

• Significant players in the financial industry are displaying optimism towards SNOW options, making notable investments in the stock.
• SNOW performed better than the overall stock market, closing at $160.35, marking a +0.87% increase from the previous closing price, signaling positive momentum.
• Over the past six months, the stock has surged by 33% due to strong partnerships and an expanding AI portfolio, positioning it well for future growth.
• The current bullish movement of SNOW seems to be driven by a combination of positive stock performance, bullish options activity, and strong fundamentals, reflecting a growing confidence among investors in the company's future prospects.

28.01.2025 - SNOW Stock was down 5.3%

• Despite beating Q4 estimates, raising full-year guidance, and experiencing strong AI-driven growth, Snowflake (SNOW) saw a strong bearish movement in the market today.
• The resistance level approaching in the technical analysis might have triggered profit-taking among investors, leading to the bearish movement.
• The mixed Q1 guidance, despite strong demand from large enterprise customers, could have raised concerns among investors about future growth prospects.
• The market might have reacted negatively to the company's partnership expansion with Microsoft and the introduction of new AI agent Cortex, possibly due to uncertainties about the impact on the company's bottom line in the short term.

23.03.2025 - SNOW Stock was up 6.7%

• Market experts are advising to consider investing in Snowflake, as the average brokerage recommendation for the stock is Buy, reflecting a positive outlook.
• The optimistic projections by financial analysts could be a contributing factor to the uptrend in SNOW's performance today.
• Investors are showing a favorable response to Snowflake's product potential, elevating the stock price.
• There is a sense of anticipation in the market regarding Snowflake's growth prospects, fueling today's bullish movement in the stock.

08.03.2025 - SNOW Stock was up 8.8%

• The stock price of Snowflake Inc. (SNOW) rose by +0.26% to $130.87 at the latest trading session's close.
• Unusual options activity suggests that 40% of investors are optimistic about Snowflake's future.
• Analyst coverage on companies such as CenterPoint Energy and BOK Financial might have impacted market sentiment positively, potentially fueling Snowflake's bullish trend.
• Despite somewhat bearish overall market conditions, Snowflake's strong performance remains noteworthy.

01.04.2025 - SNOW Stock was up 7.3%

• SNOW's stock price showed a significant bullish movement, closing at $160.35 with a +0.87% change from the previous close.
• The continued rally of SNOW stock, gaining 33% in the last six months, can be attributed to robust partnerships and an expanding AI portfolio, positioning the company for sustained success despite its premium valuation.
• The positive market sentiment towards SNOW reflects investor confidence in the company's growth prospects and strategic positioning in the competitive tech landscape.

28.02.2025 - SNOW Stock was down 5.0%

• The bearish movement in Snowflake's stock today could be attributed to the large investors taking a bearish stance on the company, as indicated by the publicly available options history.
• While Snowflake is benefiting from strong AI partnerships and an expanding clientele, the intense competition and stretched valuation may have contributed to the bearish sentiment among investors.
• The conflicting reports of financial giants making bullish moves on Snowflake further highlight the uncertainty and volatility surrounding the stock, leading to mixed sentiments among traders.

03.03.2025 - SNOW Stock was down 7.3%

• Despite recent unusual options activity showing bullish stances from some investors, the overall market movement for SNOW was bearish.
• The initiation of coverage on other companies like CenterPoint Energy and BOK Financial did not impact SNOW's bearish movement.
• The bearish stance taken by investors in the latest options trends for SNOW might have contributed to the stock's strong bearish movement today.
• Despite positive sentiments towards other stocks like Meta Platforms, the downward trend of Snowflake by 23% from its highs could have been influenced by the bearish options trends observed.

06.02.2025 - SNOW Stock was down 5.7%

• Despite deep-pocketed investors taking a bullish stance on Snowflake's options, the stock experienced a bearish movement today, indicating a disconnect between market sentiment and actual performance.
• The investigation into potential violations of laws by certain officers of Snowflake Inc. might have raised concerns among investors, leading to a sell-off of the stock.
• Market whales' bets on SNOW options may not have been enough to counteract broader market trends or negative news surrounding the company, resulting in the bearish movement observed today.

10.03.2025 - SNOW Stock was up 7.4%

• Snowflake (SNOW) experienced a strong bullish movement today.
• The announcement of Snowflake achieving Department of Defense IL5 Provisional Authorization on AWS GovCloud US-West could have boosted investor confidence in the company's security measures and potential government contracts.
• The positive market sentiment towards Snowflake amidst a general market dip suggests that investors are viewing the company as a safe haven or a strong performer even in uncertain market conditions.
• The news of China's new tariffs reigniting market patterns that previously led to significant gains for investors could have further fueled bullish momentum for Snowflake as a tech company with growth potential.