Baillie Gifford Reduces $14M in Snowflake Inc. ($SNOW)

Written by Opentrades · Published

Key Points

  • Baillie Gifford changed its Snowflake Inc. ($SNOW) stake by 2.2% last quarter, cutting to 2,676,434 shares worth $634.19 million.
  • Wall Street's consensus rating on $SNOW is Strong Buy and an average price target of $291.70.
  • $SNOW last traded around $236.96.

Baillie Gifford trimmed its position in Snowflake Inc. ($SNOW) by 2.2% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,676,434 shares of Snowflake Inc. after selling 59,318 shares during the quarter. Baillie Gifford's holdings in Snowflake Inc. were worth $634.19 million as of its most recent filing.

Snowflake Inc. ($SNOW) Stock

Last price$236.96
Market cap$80.68B
Forward P/E86.73
PEG ratio6.21
Beta1.35
52-week low$118.30
52-week high$284.99
50-day MA$171.30
200-day MA$205.35
Current ratio1.05
Quick ratio0.94
Debt-to-equity1.43

Snowflake Inc. Earnings

EPS (ttm)$-3.51
Revenue (ttm)$5.03B
Revenue growth33.5%
Net margin-23.8%
Return on equity-54.9%
Next earningsMay 27, 2026

Analysts Set New Price Targets

ConsensusStrong Buy
Average target$291.70
High target$500.00
Low target$110.00
Analysts covering48

About Snowflake Inc.

Snowflake Inc. provides a cloud-based data platform for various organizations in the United States and internationally. The company's platform includes artificial intelligence (AI) Data Cloud, which enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data applications, and share data and data products, as well as applies AI for solving business problems. It serves financial services, advertising, media and entertainment, retail and consumer goods, healthcare and life sciences, manufacturing, technology, telecom, travel and hospitality, and government and defense industries, as well as the public sector. the company has a collaboration with OpenAI, L.L.C. for the development of AI solutions for joint enterprise customers that deliver tangible return on investment. The company was formerly known as Snowflake Computing, Inc. and changed its name to Snowflake Inc. in April 2019. Snowflake Inc. was incorporated in 2012 and is based in Menlo Park, California.

ExchangeNYSE
SectorTechnology
IndustrySoftware - Application
HeadquartersMenlo Park, CA
CEOMr. Sridhar Ramaswamy Ph.D.
Employees9,250
Websitehttps://www.snowflake.com

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