Skip to Content

Snowflake Inc Ordinary Shares - Class A SNOW Stock Quote

| Rating as of

NYSE:SNOW

Morningstar‘s Stock Analysis SNOW

Valuation
Currency in USD
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Snowflake Can Benefit From Advantages of First Mover Snowballing Effect

Julie Bhusal Sharma Equity Analyst

Business Strategy and Outlook

| Julie Bhusal Sharma |

In the past 10 years, Snowflake has culminated into a force that is far from melting, in our view. As enterprises continue to migrate workloads to the public cloud, significant obstacles have arisen, compromising performance of data queries, creating hefty data transformation costs, and yielding erroneous data. Snowflake seeks to address these issues with its platform, which gives all of its users access to its data lake, warehouse, and marketplace on various public clouds. We think Snowflake has a massive runway for future growth and should emerge as a data powerhouse in the years ahead.

Unlock Our Full Analysis With Morningstar Investor

Key Statistics SNOW

Company Profile SNOW

Business Description

Founded in 2012, Snowflake is a data lake, warehousing, and sharing company that came public in 2020. To date, the company has over 3,000 customers including nearly 30% of the Fortune 500 as its customers. Snowflake’s data lake stores unstructured and semistructured data that can then be used in analytics to create insights stored in its data warehouse. Snowflake’s data sharing capability allows enterprises to easily buy and ingest data almost instantaneously compared with a traditionally months-long process. Overall, the company is known for the fact that all of its data solutions that can be hosted on various public clouds.

Contact
106 East Babcock Street, Suite 3
Bozeman, MT, 59715
T +1 844 766-9355
Industry Software - Application
Most Recent Earnings Jul 31, 2022
Fiscal Year End Jan 31, 2023
Employees 3,992

Related News SNOW