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Snowflake Inc. (SNOW)

Technology High-growth

Snowflake provides a cloud-based platform that helps businesses store, manage, and analyse vast amounts of data in one place.

$328.99

Is Snowflake Inc. a good stock for a UK beginner?

The honest version: There's no rating here and nothing for sale. In its favour: Strong revenue growth of over 30%. Worth weighing: Currently not profitable.

No rating · no target price · nothing for sale here
Price+167.4%
= past earnings-report date
Priced in USD. As a UK investor your £ return also moves with the pound-to-dollar exchange rate, even inside an ISA - a stronger pound can trim your £ gains and a weaker pound can add to them, whatever the share price itself does.
52-week range+44% past year
$328.99
Low $118.30High $340.50
Where today's price sits versus its past year - context, not a signal.

Is this normal for this company?

Each figure against the range this same company has produced recently. Neither end of a range is the good end.

Price to earnings
233.3now
124.3213.7

Share price divided by the earnings actually reported over the four most recent quarters. The range is the same calculation at each of this company's last few results, so roughly the past year.

Net profit margin
-21.2%now
-41.3%-21.2%

Profit as a share of sales, from the company's own quarterly statements. The range covers the 5 quarters we hold, and the figure shown is its most recent one.

How these ranges are built

Every number here is the company's own reported figure, not a comparison with other companies. The ranges come from this company's own results and its share price. Where it reports in a different currency from the one its shares trade in, the price-to-earnings range is left out rather than mixing the two.

What does Snowflake Inc. do?

Think of Snowflake as a digital warehouse that allows companies to pull data from different sources and make sense of it all in the cloud. Customers are billed for how much data they store and how much computing power they use to analyse it. Keep an eye on whether they can grow their customer base fast enough to eventually turn today's losses into a profit.

On our factor screen it looks strongest on momentum and growth, and weakest on income.

Quick checks
What's strong
  • Growth screens high
  • Momentum screens high
What to watch
  • Value screens low
  • Quality screens low
  • Income screens low

Does Snowflake Inc. pay a dividend?

No - Snowflake Inc. doesn't currently pay a dividend, so the whole return would rest on the share price. Plenty of growing companies reinvest their profits instead of paying them out - neither approach is better or worse, they're just different.

Does Snowflake Inc. have more cash or more debt?

It holds about $2.95B in cash against about $2.77B of debt - so it has net cash of about $182.90M. More cash than debt is a cushion: it does not need to borrow just to cover what it owes.

From the latest reported balance sheet. Cash and debt levels change, and some borrowing is normal - this is context, not a judgment.

What do Snowflake Inc.'s numbers mean?

Forward P/E
124
This shows investors are paying over 100 times the expected future earnings, suggesting high expectations for rapid growth.
Higher than most of the 131 Technology shares we cover
P/S
23.01
This compares the company's total market value to its sales, showing how much investors are willing to pay for every pound of revenue generated.
Higher than most of the 126 Technology shares we cover
Gross margin
67.1%
This indicates that for every pound of revenue, the company keeps about 67 pence after covering the direct costs of providing its service.
Around the middle of the 131 Technology shares we cover
Net margin
-23.8%
This shows the company is currently spending more than it earns, resulting in a loss for every pound of revenue.
Lower than most of the 131 Technology shares we cover

How has it performed?

Growth of £1,000, the worst fall, and year by year
If you had put $1,000 into Snowflake Inc.
$2,674+167%

Over about 2 years to 2026-09-11. This is the share price only; any dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.

How much has Snowflake Inc. actually fallen?

−56%

Over the last 2 years of daily prices, Snowflake Inc. fell as much as −56% from a high to a later low. Falls like this are normal when you own a share.

Past falls are not a forecast - it can fall further, or recover.

How has it done year by year?

2022-58%
2023+39%
2024-22%
2025+42%
2026 so far+52%

Calendar-year total return - the share price with dividends reinvested - from adjusted closing prices. The current year is only part-complete. Past returns are not a guide to the future.

A closer look at the numbers

Ownership, earnings history, where the money goes, and the outlook range
Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
$115.81B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
7.66M
Day range: The lowest and highest price the shares traded at during the latest day.
$323.42 – $333.43
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
$118.30 – $340.50
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
1.31

Does the share price tell you if it's cheap or expensive?

One share costs$328.99
Number of shares352 million
So the whole company is worth$116bn
A £5 share is not cheaper than a £500 one - it means the company cut itself into more slices. Whether the total looks high or low is what the figures below are for; we don't give a verdict.

Who owns Snowflake Inc.?

Big institutions 78%Company insiders 3%Public & smaller investors 19%

About 78% of Snowflake Inc., or about 78 in every 100 shares, is held by big institutions such as pension and index funds, and company insiders hold about 3%. The rest, roughly 19%, is held by the public and smaller investors.

What this does and doesn't tell you

This is a recent snapshot of the share register, and it moves. We don't read anything into who owns what - a high institutional share is common for any large listed company and is not a signal about it.

How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 1.31
Calm
Wild
Bumpier than the market

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▲ +12% past week · ▲ +44% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

How much money does Snowflake Inc. make?

Revenue and profit by quarter, and how much of each sale turns into profit.

RevenueNet income
$0$347.74M$695.48M$1.04B$1.39BQ2 25Q3 25Q4 25Q1 26Q2 26
Gross margin
67.1%
Net margin
-23.8%
Return on equity
-54.9%

When does Snowflake Inc. report earnings, and how did recent quarters go?

Snowflake Inc. is next scheduled to report on about 2026-12-02 - dates can move, and we don't predict results; this just tells you when to look.

‘Beat’ and ‘missed’ are against what analysts expected, not whether the business is doing well.

Snowflake Inc.: reported versus expected earnings per share, recent quarters
ReportedExpected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number.Actual EPSvs expected
2026-05-27$0.32$0.39Beat +22%
2026-02-25$0.27$0.32Beat +18%
2025-12-03$0.31$0.35Beat +12%
2025-08-27$0.27$0.35Beat +31%
2025-05-21$0.21$0.24Beat +13%
2025-02-26$0.18$0.30Beat +67%

Across the last 6 quarters here, Snowflake Inc. came in ahead of what analysts expected 6 times. One quarter is noise, not a trend.

See who else reports over the next two weeks →

Where these figures come from

Each quarter a company reports its results against a consensus of analyst forecasts. The figures here are reported versus expected earnings per share from published results; the expectation is that analyst consensus, not our view. Report dates are estimates and can move.

What are the scenarios for Snowflake Inc.?

An illustrative range for the year ahead — not a prediction or a price target.

◀ lowerhigher ▶todayBull▲ UpsideBase• In-lineBear▼ Downside
Bull
+10% to +15%Stronger than expected quarterly revenue growth
Base
-5% to +5%Steady adoption of cloud data services
Bear
-10% to -20%Increased competition slowing down new customer sign-ups

What are the pros, cons and common questions?

The case each way, and the questions people ask
The bull case

Becoming the standard infrastructure for global data analytics

The bear case

Market share loss to established cloud giants

What are the pros and cons of Snowflake Inc.?

3bull points
6bear points

A balance check, not a score or verdict.

The bull case3
  • Strong revenue growth: How fast the company's sales grew versus a year ago. of over 30%
  • High gross margins showing a scalable core product
  • Essential service for modern data-driven businesses
The catch3
  • Currently not profitable
  • Very high valuation multiples compared to traditional companies
  • No dividend payments for shareholders
Key risks3
  • High sensitivity to market swings due to a high beta
  • Intense competition from major cloud providers
  • Risk that growth slows down as the company matures
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

  • A sustained shift to profitability in upcoming reports
  • A significant drop in revenue growth rates

Common questions about Snowflake Inc.

Does Snowflake Inc. pay a dividend?

No - Snowflake Inc. does not currently pay a dividend, so the return would rest on the share price. Many growing companies reinvest profits instead of paying them out.

When does Snowflake Inc. report earnings next?

Snowflake Inc. is next scheduled to report results on about 2026-12-02. Report dates are estimates and can move; this is a diary note for when to look, not a forecast of the outcome.

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Confidence: medium · data: USD · flags: pe, earnings_growth · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Prices as of 11 Sep 2026; other figures as of 11 Aug 2026. Prices may be delayed and numbers can go stale - always double-check before acting.