Snowflake Inc ($SNOW) Stock Forecast: Down 5.6% Today

What is Snowflake Inc?

SNOW, or Snowflake Inc., is a cloud-based data warehousing company that provides data storage and analytics solutions for businesses. Today, the stock experienced a significant bearish movement in the market.

Why is Snowflake Inc going down?

SNOW stock is down 5.6% on Aug 8, 2025 14:16

• Concerns might have arisen among investors about Snowflake's competitive position in the cloud data market when comparing its support for AI workloads to Oracle.
• A cautious stance from a notable market personality on Accenture and Ford Motor could have influenced a broader sentiment of skepticism towards tech and automotive companies, impacting Snowflake's stock negatively.
• Investor focus may have shifted away from high-growth tech stocks like Snowflake towards income stocks, contributing to the bearish movement in the market.

SNOW Price Chart

SNOW Technical Analysis

SNOW News

Snowflake vs. Oracle: Which Cloud Data Stock Is Built for the AI Future?

SNOW and ORCL are in a cloud data race to support AI workloads. Which stock offers better growth, innovation and valuation potential?

https://www.zacks.com/stock/news/2674069/snowflake-vs-oracle-which-cloud-data-stock-is-built-for-the-ai-future

Tesla Is Worth 'A Lot More,' Cramer Says: But Accenture? 'What The Heck' - Ford Motor ( NYSE:F ) , Accenture ( NYSE:ACN )

Jim Cramer is not going to get behind Accenture "until we find out what the heck is really going on there." "If they don't get that warranty stuff down, it is just too tough to recommend," Cramer said when asked about Ford. The market's back, and these 3 income stocks are thriving. See them here→

https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/08/46853771/tesla-tech-is-worth-a-lot-more-jim-cramer-says-as-for-accenture-what-the-heck

Trending Today

Ethereum ($ETH) Crypto Forecast: Up 8.6% Today

East West Bancorp Inc. ($EWBC) Stock Forecast: Up 3.6% Today

Rivian Automotive Inc. ($RIVN) Stock Forecast: Up 7.0% Today

Halliburton Company ($HAL) Stock Forecast: Up 5.4% Today

Zillow Group Inc. ($Z) Stock Forecast: Up 5.9% Today

PulteGroup Inc. ($PHM) Stock Forecast: Up 6.6% Today

Warner Bros. Discovery, Inc. ($WBD) Stock Forecast: Up 5.5% Today

United Continental Holdings Inc. ($UAL) Stock Forecast: Up 5.3% Today

Westinghouse Air Brake Technologies Corporation ($WAB) Stock Forecast: Up 2.4% Today

Delta Air Lines Inc. ($DAL) Stock Forecast: Up 5.7% Today

Snowflake Inc Price History

01.07.2025 - SNOW Stock was down 6.8%

• Despite significant investor interest, SNOW witnessed a notable decline in its stock price today.
• The general market downturn may have influenced a negative sentiment, resulting in a sell-off of SNOW shares.
• Factors like profit-taking and shifting market dynamics might have contributed to the bearish movement despite favorable predictions and a slight stock price increase from the previous day.
• It is advisable for investors to stay alert to market movements and company updates in order to navigate the volatility associated with SNOW's stock.

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.

08.07.2025 - SNOW Stock was down 5.6%

• Concerns might have arisen among investors about Snowflake's competitive position in the cloud data market when comparing its support for AI workloads to Oracle.
• A cautious stance from a notable market personality on Accenture and Ford Motor could have influenced a broader sentiment of skepticism towards tech and automotive companies, impacting Snowflake's stock negatively.
• Investor focus may have shifted away from high-growth tech stocks like Snowflake towards income stocks, contributing to the bearish movement in the market.

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.

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.

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.

23.05.2025 - SNOW Stock was up 3.1%

• Snowflake's partnership with tech giants like Microsoft and Intapp to enhance deal insights in capital markets and legal sectors is driving investor optimism and contributing to the bullish movement.
• The increased options activity and bullish approach from deep-pocketed investors are also fueling positive sentiment towards SNOW stock.
• Analyst coverage beginning on a bullish note and the company trading near its 52-week high despite concerns about stretched valuation indicate that market players are optimistic about Snowflake's growth prospects.

31.06.2025 - SNOW Stock was up 3.5%

• Analysts have been bullish on Snowflake (SNOW), with an average brokerage recommendation equivalent to a Buy, reflecting confidence in the company's future prospects.
• The optimistic views from analysts may have contributed to the bullish movement in SNOW stock today, as investors are likely reacting to the positive outlook and potential growth opportunities.
• Despite concerns about the effectiveness of brokerage recommendations, the overall sentiment surrounding Snowflake appears to be positive, driving the stock price higher as investors consider the company's potential for long-term success.

22.04.2025 - SNOW Stock was up 7.7%

• Strong Q1 earnings were reported by Snowflake, surpassing analyst estimates for both revenue and earnings per share.
• The stock witnessed a month-long rally, with technical indicators signaling a bullish trend that could boost investor confidence.
• Analysts adjusted their forecasts prior to the earnings call, reflecting optimistic views on the company's performance.
• Anticipation and positive projections regarding Snowflake's earnings are believed to have influenced the stock's notable upward movement.

22.04.2025 - SNOW Stock was up 8.0%

• Snowflake reported better-than-expected earnings and sales results for the first quarter, with revenue of $1.04 billion, surpassing analyst estimates.
• Analysts revised their forecasts upwards following the upbeat Q1 results, indicating confidence in the company's performance.
• The stock had been rallying prior to the earnings report, with technical indicators remaining bullish, although the RSI suggested it might be entering overbought territory.
• The anticipation and positive sentiment surrounding Snowflake's earnings announcement likely fueled the strong bullish movement in the stock today.

24.05.2025 - SNOW Stock was up 5.5%

• Representative Marjorie Taylor Greene's purchase of Snowflake stock may have instilled confidence in the market, signaling positive sentiment towards the company.
• The bullish options activity by deep-pocketed investors indicates a strong belief in Snowflake's future growth prospects.
• The near 52-week high trading of SNOW stock, driven by surging revenues and new AI tools, suggests that investors are optimistic about the company's performance.
• Analyst coverage beginning on a bullish note further adds to the positive sentiment surrounding Snowflake, potentially attracting more investors to the stock.

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.