Snowflake, Inc. (SNOW)

Snowflake's stock (SNOW) has fluctuated in the past six months, with a closing price of $168.43 as of February 6, 2026, and a 52-week range between $120.10 and $280.67. Over the past year, Snowflake's stock has seen a decline of approximately 8.48% to 10.94%. A significant multi-year partnership with OpenAI, valued at $200 million, was announced in February 2026, integrating OpenAI's AI models into Snowflake's Cortex AI platform. Jefferies has reiterated a "Buy" rating on Snowflake stock, anticipating strong growth reacceleration in fiscal 2025 due to increased consumption volumes from new products and AI tailwinds. Snowflake is scheduled to release its Q4 fiscal 2026 earnings on February 25, 2026.

Snowflake's consumption-based model can lead to demand seasonality, with the fiscal fourth quarter likely to benefit from a seasonal boost due to expiring contracts scheduled for renewal. Snowflake's cloud-native architecture allows for independent scaling of compute and storage layers, which is crucial for handling seasonal demand spikes without over-provisioning resources.

Snowflake Inc. is a cloud-based data platform company in the Technology sector, specifically the Software - Application industry. It provides a platform for data analysis and simultaneous dataset access with minimal latency, running on major cloud providers. Key offerings include the Snowflake Data Cloud, Snowflake Intelligence, Cortex AI, Data Clean Rooms, a Marketplace, Notebooks, Snowflake ML, Streamlit, and Unistore.

Snowflake Inc. is headquartered in Bozeman, Montana, and has a global presence with over 45 offices worldwide and 39 subsidiaries across 29 countries. Its operational footprint is concentrated in Europe and North America, supporting cloud regions across North/South America, Europe/Middle East/Africa, and Asia Pacific/China. The company expanded its Canadian presence by establishing a Canadian headquarters in Toronto, Ontario, in April 2024.

In 2024, Snowflake's brand reputation was impacted by a cybersecurity event involving customer data theft and extortion. An investigation found no evidence that Snowflake's own environment was breached; instead, customer credentials had been compromised, with over 80% of affected accounts having prior credential exposure from historical infostealer infections. This event highlighted the significant opportunity presented by identity attacks on cloud services.

Institutional investors hold a significant portion of Snowflake Inc.'s stock, approximately 19.71% to 32.80%, while insiders own about 3.10%, and public companies and individual investors hold around 13.09% to 64.10%. The top 10 institutional investors collectively own 30% of Snowflake, with the top three being Vanguard Group Inc., BlackRock, Inc., and Morgan Stanley, holding about 18% of the company.