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Snowflake Inc ($SNOW) Stock Forecast: Up 5.2% Today

Morpher AI identified a bullish signal. The stock price may continue to rise based on the momentum of the good news.

What is Snowflake Inc?

Snowflake Inc. (SNOW) is a cloud-based data warehousing company that provides data storage, processing, and analysis services.

Why is Snowflake Inc going up?

SNOW stock is up 5.2% on Oct 2, 2025 14:01

  • Despite a recent 8.1% dip since the last earnings report, Snowflake (SNOW) experienced a strong bullish movement today.
  • The market movement could be attributed to investors regaining confidence in Snowflake's growth potential and future earnings prospects.
  • The anticipation of a possible rebound following the recent earnings report may have attracted bullish sentiment among traders, leading to today's positive movement.
  • Overall, the market seems to be reacting positively to the potential recovery and growth outlook for Snowflake (SNOW) despite the recent earnings-related decline.

SNOW Price Chart

SNOW Technical Analysis

SNOW News

Snowflake ( SNOW ) Down 8.1% Since Last Earnings Report: Can It Rebound?

Snowflake (SNOW) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

https://www.zacks.com/stock/news/2757823/snowflake-snow-down-81-since-last-earnings-report-can-it-rebound

0 Missing News Article Image Snowflake  ( SNOW )  Down 8.1% Since Last Earnings Report: Can It Rebound?

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.

02.09.2025 - SNOW Stock was up 5.2%

  • Despite a recent 8.1% dip since the last earnings report, Snowflake (SNOW) experienced a strong bullish movement today.
  • The market movement could be attributed to investors regaining confidence in Snowflake's growth potential and future earnings prospects.
  • The anticipation of a possible rebound following the recent earnings report may have attracted bullish sentiment among traders, leading to today's positive movement.
  • Overall, the market seems to be reacting positively to the potential recovery and growth outlook for Snowflake (SNOW) despite the recent earnings-related decline.

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.

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.

16.08.2025 - SNOW Stock was down 5.0%

  • Snowflake's collaboration with Peraton to develop AI fraud detection tools demonstrates the company's dedication to utilizing cutting-edge technologies for societal advancement.
  • Despite positive developments in partnerships and portfolio expansion, SNOW stock observed a downward trend, potentially influenced by concerns about its high valuation.
  • Recent profit-taking actions following an 18% increase in SNOW stock over the past month may have impacted overall market sentiment.
  • The tech industry's emphasis on data analytics and cloud infrastructure, exemplified by Salesforce's Data Cloud adoption growth, could have also affected investor sentiment towards Snowflake.

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.

28.07.2025 - SNOW Stock was up 20.0%

  • Snowflake reported strong Q2 earnings, surpassing expectations with a 31.8% increase in revenue and improved margins, resulting in a positive movement in its stock.
  • The company's optimistic fiscal 2026 guidance and higher product revenue projection boosted investor confidence.
  • Analysts adjusted their forecasts and raised price targets for Snowflake following the impressive quarterly results, driving further upward movement in the stock.
  • Overall, the market responded favorably to Snowflake's performance, propelling its shares to a 52-week peak as investors expressed trust in the company's growth potential.

28.07.2025 - SNOW Stock was up 13.3%

  • Snowflake (SNOW) witnessed a robust upward trend today post the announcement of its second-quarter financial results:
  • Exceeded analyst projections for revenue and earnings per share, reflecting strong performance.
  • Multiple analysts raised their price targets for Snowflake shares, demonstrating confidence in the company's future growth prospects.
  • The favorable results and enhanced guidance stimulated increased investor interest, resulting in a notable uptick in the stock price.
  • The market movement is influenced by:
  • Strong Q2 performance surpassing revenue forecast.
  • Optimistic analyst sentiments and raised price targets.
  • Positive market sentiment toward Snowflake's growth potential in the cloud-based data analytics sector.

28.07.2025 - SNOW Stock was up 17.7%

  • Snowflake's stock witnessed a strong bullish movement today after posting Q2 results that surpassed analyst expectations in terms of revenue and EPS.
  • Following the robust quarterly results, analysts increased their forecasts for Snowflake, instilling greater confidence among investors regarding the company's future growth potential.
  • The positive sentiment towards Snowflake was further boosted by the overall performance of AI-powered cloud platform stocks, which outperformed Q2 estimates, hinting at a supportive industry landscape for companies like Snowflake.
  • Snowflake's solid financial results, enhanced guidance, and favorable market conditions all played a role in driving the stock's upward momentum today.

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.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.