Where Will Snowflake's Stock Price Be in 1 Year?

By Parkev Tatevosian, CFA – Jun 1, 2023 at 6:00AM

NYSE: SNOW

Snowflake

Market Cap

$54B

Today's Change

(-1.93%) -$3.18

Current Price

$161.86

Price as of May 17, 2024, 4:00 p.m. ET

Snowflake's management is forecasting slowing growth for the fiscal year.

Fool.com contributor and finance professor Parkev Tatevosian evaluates Snowflake's (SNOW -1.93%) prospects over the next year.

*Stock prices used were the afternoon prices of May 29, 2023. The video was published on May 31, 2023.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Snowflake. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.