Snowflake Stock Price Prediction

SNOW Stock  USD 174.80  1.10  0.63%   
The relative strength indicator of Snowflake's the stock price is slightly above 66. This usually implies that the stock is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Snowflake, making its price go up or down.

Oversold Vs Overbought

66

 
Oversold
 
Overbought
The successful prediction of Snowflake's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Snowflake and does not consider all of the tangible or intangible factors available from Snowflake's fundamental data. We analyze noise-free headlines and recent hype associated with Snowflake, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Snowflake's stock price prediction:
EPS Estimate Current Year
0.81
EPS Estimate Next Year
1.14
Wall Street Target Price
180.3754
EPS Estimate Current Quarter
0.1519
Quarterly Revenue Growth
0.289
Using Snowflake hype-based prediction, you can estimate the value of Snowflake from the perspective of Snowflake response to recently generated media hype and the effects of current headlines on its competitors.

Snowflake Hype to Price Pattern

Investor biases related to Snowflake's public news can be used to forecast risks associated with an investment in Snowflake. The trend in average sentiment can be used to explain how an investor holding Snowflake can time the market purely based on public headlines and social activities around Snowflake. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Snowflake's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Snowflake.
The fear of missing out, i.e., FOMO, can cause potential investors in Snowflake to buy its stock at a price that has no basis in reality. In that case, they are not buying Snowflake because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Snowflake after-hype prediction price

    
  USD 168.6  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Snowflake Basic Forecasting Models to cross-verify your projections.
For more information on how to buy Snowflake Stock please use our How to Invest in Snowflake guide.
Intrinsic
Valuation
LowRealHigh
157.32191.58196.12
Details
Naive
Forecast
LowNextHigh
189.59194.13198.66
Details
45 Analysts
Consensus
LowTargetHigh
180.42198.26220.07
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.130.190.24
Details

Snowflake After-Hype Price Prediction Density Analysis

As far as predicting the price of Snowflake at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Snowflake or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Snowflake, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Snowflake Estimiated After-Hype Price Volatility

In the context of predicting Snowflake's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Snowflake's historical news coverage. Snowflake's after-hype downside and upside margins for the prediction period are 164.06 and 192.28, respectively. We have considered Snowflake's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
174.80
164.06
Downside
168.60
After-hype Price
192.28
Upside
Snowflake is very steady at this time. Analysis and calculation of next after-hype price of Snowflake is based on 3 months time horizon.

Snowflake Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Snowflake is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Snowflake backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Snowflake, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.82 
4.54
  6.20 
  0.37 
7 Events / Month
6 Events / Month
In about 7 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
174.80
168.60
3.55 
60.05  
Notes

Snowflake Hype Timeline

Snowflake is at this time traded for 174.80. The entity has historical hype elasticity of -6.2, and average elasticity to hype of competition of -0.37. Snowflake is estimated to decline in value after the next headline, with the price expected to drop to 168.6. The average volatility of media hype impact on the company price is about 60.05%. The price decrease on the next news is expected to be -3.55%, whereas the daily expected return is at this time at 0.82%. The volatility of related hype on Snowflake is about 1004.42%, with the expected price after the next announcement by competition of 174.43. About 61.0% of the company shares are owned by institutional investors. The company recorded a loss per share of 3.39. Snowflake had not issued any dividends in recent years. The entity had a split on the 12th of December 2013. Given the investment horizon of 90 days the next estimated press release will be in about 7 days.
Check out Snowflake Basic Forecasting Models to cross-verify your projections.
For more information on how to buy Snowflake Stock please use our How to Invest in Snowflake guide.

Snowflake Related Hype Analysis

Having access to credible news sources related to Snowflake's direct competition is more important than ever and may enhance your ability to predict Snowflake's future price movements. Getting to know how Snowflake's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Snowflake may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
ALKTAlkami Technology 0.75 9 per month 2.36  0.07  5.03 (4.89) 12.66 
ASURAsure Software 0.51 7 per month 2.92  0.03  5.27 (3.76) 19.48 
BLKBBlackbaud(3.29)10 per month 2.98 (0.03) 2.93 (2.52) 18.39 
ENFNEnfusion 0.09 9 per month 1.49  0.10  3.93 (2.90) 10.11 
DUOTDuos Technologies Group 0.06 5 per month 4.19  0.22  12.96 (7.49) 26.55 
ADEAADEIA P 0.05 9 per month 3.79 (0.03) 3.84 (3.43) 28.06 
PYCRPaycor HCM(0.07)9 per month 1.40  0.12  3.12 (2.96) 9.64 
APPFAppfolio 1.38 11 per month 2.15  0.02  2.86 (2.27) 15.04 
AGYSAgilysys(3.90)11 per month 2.86  0.08  4.17 (5.24) 14.47 
DHXDHI Group(0.10)10 per month 0.00 (0.06) 5.29 (6.29) 16.26 

Snowflake Additional Predictive Modules

Most predictive techniques to examine Snowflake price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Snowflake using various technical indicators. When you analyze Snowflake charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Snowflake Predictive Indicators

The successful prediction of Snowflake stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Snowflake, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Snowflake based on analysis of Snowflake hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Snowflake's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Snowflake's related companies.
 2021 2022 2023 2024 (projected)
Payables Turnover34.1130.3117.3719.3
Days Of Inventory On Hand1.0E-634.5439.7232.2

Story Coverage note for Snowflake

The number of cover stories for Snowflake depends on current market conditions and Snowflake's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Snowflake is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Snowflake's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Snowflake Short Properties

Snowflake's future price predictability will typically decrease when Snowflake's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Snowflake often depends not only on the future outlook of the 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

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.