Should Investors Buy Snowflake Stock on the Dip?

By Parkev Tatevosian, CFA – Aug 24, 2024 at 4:12PM

NYSE: SNOW

Snowflake

Market Cap

$61B

Today's Change

(1.01%) $1.83

Current Price

$183.28

Price as of May 15, 2025, 3:58 p.m. ET

Snowflake stock is falling after the company disappointed investors with its quarterly update.

Fool.com contributor Parkev Tatevosian answers if Snowflake (SNOW 1.01%) stock is a buy at current valuations.

*Stock prices used were the afternoon prices of Aug. 21, 2024. The video was published on Aug. 23, 2024.

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 his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

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