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Snowflake Inc.

SNOW Technology Unknown Updated July 31, 2026
$293.06
52W $118.30 – $304.17
56/100
$101.65B
-83.3
1.35
AI Committee Verdict
Buy
Conviction: Contested · 50% agreement · 6 analysts
-35.8%
Contested

Is SNOW Bullish or Bearish?

Bullish. Innellis AI committee rates Snowflake Inc. (SNOW) Buy with a composite score of 56/100 , based on 6 analysts with 50% agreement. Last updated July 31, 2026.

What Would Change This View

Upgrade to Strong Buy
Requires a committee score of 75.0 — +18.63 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Watch
Requires the score to fall below 55.0 — -1.37 from today. The band boundary is 60.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

The committee is genuinely divided. Growth Analyst sees a compelling case — revenue growing 31.1% yoy -- genuine top-line momentum. Value Analyst remains cautious — price-to-book of 33.9x prices in significant intangible value. This disagreement is itself the signal — the setup is not clean in either direction.

Bull & Bear Case

Bull Case
  • Revenue growing 31.1% YoY -- genuine top-line momentum — Growth
  • 4 consecutive earnings beats -- consistent execution — Growth
  • Quarter-over-quarter growth rate is ACCELERATING, not just positive — Growth
  • Price structure making higher highs and higher lows — Technical
  • MACD histogram positive -- bullish momentum — Technical
  • Trend and market structure agree -- coherent bullish picture — Technical
Bear Case
  • Price-to-book of 33.9x prices in significant intangible value — Value
  • ROE of only -57.2% -- cheap may mean cheap for a reason — Value
  • RSI at 80 is in overbought territory — Technical
  • Price trading above the upper Bollinger Band -- stretched — Technical
  • Weekly RSI at 84 -- overbought on the larger timeframe too — Technical
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of July 31, 2026
Overall Committee Score
56/100
Agreement
50%
Analysts
6
Conviction
Contested
Sector Rank
Top 29%
of 172 Technology peers
Value Analyst bearish
30 / 100 · Moderate confidence
Multiples don't clear a genuine value bar here, or cheapness looks justified by weak fundamentals
− Price-to-book of 33.9x prices in significant intangible value
Growth Analyst bullish
83 / 100 · High confidence
Strong, accelerating growth with consistent execution
+ Revenue growing 31.1% YoY -- genuine top-line momentum
Technical Analyst bullish
61 / 100 · High confidence
Price action is constructive -- trend and momentum agree
+ Price structure making higher highs and higher lows
− RSI at 80 is in overbought territory
Macro Analyst neutral
58 / 100 · Moderate confidence
Macro backdrop is mixed or neutral -- not a strong tailwind or headwind either way
+ Market regime is bullish (Bull market -- normal position sizing)
News Analyst bullish
61 / 100 · Low confidence
News flow and recent filings/analyst actions are net positive
Portfolio Manager neutral
45 / 100 · High confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− Sector concentration is already high (HHI 2744.14)
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Investment Thesis Evolution

Committee score moved marginally from 56.3 to 56.4.

Analyst-level changes:
  • Macro Analyst: stance bullish->neutral; score 65->58 (-8); +2 bullish signal(s).
  • Portfolio Manager: +2 bearish signal(s).
  • Technical Analyst: stance neutral->bullish; score 54->61 (+8); +2 bearish signal(s); +1 bullish signal(s).

Comparing 2026-07-30 to 2026-07-31 (1 day apart).

Technical Analysis

RSI (14)
71.8
Overbought
MACD Histogram
0.725
Bullish Momentum
Trend Direction
Uptrend
Weekly: Uptrend
Market Structure
Hh Hl
Bollinger %B
1.05
Above Upper Band
Price vs Moving Averages
EMA 9
$280.36 Above
EMA 21
$269.85 Above
EMA 50
$245.93 Above
EMA 200
$210.68 Above

Fundamental Analysis

Valuation
67
Growth
94
Profitability
0
Financial Health
35
Cash Flow
37
Valuation
P/E Ratio -83.3×
P/B Ratio 52.22×
PEG Ratio -4.62
Dividend Yield 0.00%
52W High $304.17
52W Low $118.30
Quality & Growth
ROE -69.2%
ROA -14.6%
Gross Margin 67.2%
Operating Margin -26.1%
Revenue Growth YoY
Debt / Equity 1.43
AI Fundamental Assessment
P/E ratio of -83.3 (inexpensive relative to a 15-40x range); Price-to-book of 52.2x; PEG ratio of -4.6 (under 1.0 suggests growth is undervalued relative to price); Return on equity of -0.7%; Return on assets of -0.1%; Net margin of -0.2%; Gross margin of 0.7%; Current ratio of 1.00 (tight short-term liquidity); Debt-to-equity of 1.43; Free cash flow margin of 0.9% (thin cash generation); Free cash flow per share is positive (3.39); Most recent quarter beat estimates by 20.1%; 4 consecutive earnings beats; EPS growth accelerating (-8.6% -> +21.9% QoQ); Analyst estimates rising over recent quarters
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Explore SNOW Further

📈 Rating History 💰 Earnings 📰 Recent Events 🔄 What Changed 📖 Thesis Evolution 🔍 Similar Stocks
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