**Snowflake (SNOW) Stock Outlook: Could It Hit $165 by 2030?**
Analysts are projecting that Snowflake’s stock price could reach $165 by 2030. Are you bullish on SNOW? You can invest commission-free in Snowflake through SoFi. If you’re a first-time SoFi user, you could receive up to $1,000 in stock upon funding your account, plus a 1% bonus if you transfer your investments and keep them through December 31, 2025.
Snowflake is making significant investments in AI-native cloud computing, positioning itself at the forefront of data-storage technology. However, it operates in a highly uncertain industry where legacy providers could quickly catch up. With shares surging 100% over the last year, investing in Snowflake is compelling—but ongoing net losses could quickly shift investor sentiment.
In this article, we explore the key factors driving Snowflake’s current stock price and provide estimated price targets for 2025, 2026, and 2030, based on analyst sentiment, algorithmic projections, and current valuation metrics.
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### Current Stock Overview
– **Market Capitalization:** $87.08 billion
– **Trailing P/E Ratio:** N/A
– **Forward P/E Ratio:** 163.93
– **1-Year Return:** +101.70%
– **2025 Year-to-Date Return:** +63.18% (despite a sharp price crash in April)
Snowflake currently trades at a premium multiple compared to its peers, rebounding strongly after the market shock in April. Shares reached the mid-$190s in August but remain volatile, influenced by the dynamics of AI software leaders.
The forward P/E ratio of 163.93 is substantially higher than that of competitors like Datadog (76), ServiceNow (45), and Oracle (33), reflecting high expectations for Snowflake’s future profitability. This premium valuation can persist if the company accelerates growth and expands margins; if not, there is a risk of multiple compression.
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### Financial and Operational Highlights
Snowflake closed fiscal year 2025 with a net loss of nearly $1.3 billion, up from an $849 million loss in fiscal year 2024. Despite this, investors remain optimistic about the company’s AI-driven future.
Management has guided for approximately 36% product revenue growth in FY2026 after reporting a strong $1 billion revenue quarter in Q1 FY2026. Remaining performance obligations rose 34% year-over-year. Customer acquisition continues to improve, with 451 new customers added in the last quarter.
Strategically, Snowflake is advancing its AI Data Cloud by:
– Launching **Snowflake Postgres**
– Agreeing to acquire Crunchy Data, enhancing its Postgres expertise
– Expanding partnerships with Microsoft to integrate Azure OpenAI models into Cortex AI
– Adding Meta’s Llama models to Cortex AI
These initiatives aim to establish Snowflake as the default platform for enterprises building AI applications.
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### Analyst Sentiment
Analyst opinions remain broadly positive. Of 50 analysts covering Snowflake, 38 rate it as a Buy or Strong Buy despite recent disappointing earnings. Estimated EPS growth for the current year stands at 48%, a significant improvement compared to the company’s three-year average of zero growth.
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### Quick Snapshot: Bull & Bear Cases
| **Bull Case** | **Bear Case** |
|—————|—————|
| – 38 out of 50 analysts recommend Buy or Strong Buy.
– Estimated EPS growth of 48% shows meaningful momentum.
– Technical indicators reflect improvement, such as a higher forward P/E, lower PEG ratio, and lower price-to-sales ratio versus the three-year average. | – Limited upside beyond current market sentiment and curiosity.
– Bearish analysts forecast values near $227, below the current price of over $257 (as of November 2025).
– Expected deceleration in revenue growth with ongoing unprofitability. |
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### Stock Price Predictions
**2025**
Snowflake’s outlook is positive, bolstered by three consecutive quarters of earnings beats and rising investor sentiment. Analysts maintain Buy or Strong Buy ratings as the company pushes toward sustainable profitability.
**2026**
Investor sentiment remains strong, driven by a growing customer base and expanding product offerings. Partnerships with Microsoft and Meta have broadened Snowflake’s reach, integrating advanced AI models into its platform. These developments encourage wider enterprise adoption, positioning Snowflake ahead of competitors riding the AI wave.
**2030**
Long-term performance hinges on profitability. Optimism centers on Snowflake’s ability to capture growing enterprise demand for AI-driven solutions and scale its data cloud business. However, uncertainty remains high due to intense competition, evolving workplace adoption of AI technologies, and the company’s unproven path to profitability. How Snowflake navigates these challenges will ultimately determine whether it emerges a sector leader.
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### Investment Considerations & Closing Summary
Snowflake remains a highly speculative tech stock attracting the interest of investors focused on AI-native companies. Attention alone isn’t a guarantee of success—if Snowflake fails to solidify its business fundamentals, its future could be precarious.
Risks include:
– Uncertainty surrounding the AI landscape
– Competition from legacy providers like Oracle, which could integrate AI into existing cloud platforms
– Potential global economic headwinds (e.g., tariffs) that may slow enterprise technology investments
Nevertheless, Snowflake continues to innovate with new features, enhanced AI tools, and strategic partnerships that may provide a long-term competitive edge.
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### Frequently Asked Questions
*Disclosure: Plus500 is a Benzinga Partner, and this promotion was sponsored by the Partner. This sponsorship does not influence the content of this article.*
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https://www.benzinga.com/money/snowflake-stock-price-prediction