Snowflake Inc. (NYSE:SNOW) Sees Positive Analyst Outlook and Impressive Q2 Earnings

• UBS analyst Karl Keirstead set a price target of $285 for Snowflake, indicating a potential upside of 20.9%.
• Snowflake reported a 31.8% increase in revenue, reaching $1.14 billion in Q2, driven by demand for its artificial intelligence offerings.
• The stock has experienced a significant rise of 18.63%, with its price fluctuating between a low of $218.09 and a high of $238.49, marking its highest price over the past year.

Snowflake Inc. (NYSE:SNOW) is a prominent player in the cloud data platform industry, offering solutions that enable businesses to manage and analyze data efficiently. The company is known for its innovative approach to data storage and processing, which has positioned it as a leader in the market. Snowflake competes with other tech giants like Amazon Web Services and Microsoft Azure.

On August 28, 2025, UBS analyst Karl Keirstead set a price target of $285 for Snowflake, suggesting a potential upside of 20.9% from its then trading price of $235.73. This optimistic outlook reflects confidence in Snowflake's growth prospects and market position. The stock's current price is $237.73, showing a notable increase from its previous levels.

Snowflake's stock recently surged by 14% during premarket trading, driven by the company's impressive Q2 earnings performance. The company reported a 31.8% increase in revenue, reaching $1.14 billion, surpassing the expected $1.09 billion. This growth is largely due to the rising demand for Snowflake's artificial intelligence offerings, which are gaining traction in the market.

The stock has experienced a significant rise of 18.63%, equivalent to a $37.34 increase. It has fluctuated between a low of $218.09 and a high of $238.49 today, with the latter marking its highest price over the past year. The lowest price SNOW has reached in the past year is $107.13, indicating substantial growth.

Snowflake's market capitalization is approximately $79.32 billion, with a trading volume of 12.54 million shares. The company's strong financial performance and positive market sentiment have led analysts to raise their price targets, further boosting investor confidence in Snowflake's future prospects.