Snowflake Inc ($SNOW) Stock Forecast: Down 5.0% Today

What is Snowflake Inc?

Snowflake (NYSE: SNOW) is a cloud-based data warehousing company that has been gaining attention for its innovative technology and expanding client base. Despite its potential for growth, the stock experienced a significant bearish movement today.

Why is Snowflake Inc going down?

SNOW stock is down 5.0% on Mar 28, 2025 16:28

• The bearish movement in Snowflake's stock today could be attributed to the large investors taking a bearish stance on the company, as indicated by the publicly available options history.
• While Snowflake is benefiting from strong AI partnerships and an expanding clientele, the intense competition and stretched valuation may have contributed to the bearish sentiment among investors.
• The conflicting reports of financial giants making bullish moves on Snowflake further highlight the uncertainty and volatility surrounding the stock, leading to mixed sentiments among traders.

SNOW Price Chart

SNOW Technical Analysis

SNOW News

Behind the Scenes of Snowflake's Latest Options Trends - Snowflake ( NYSE:SNOW )

Investors with a lot of money to spend have taken a bearish stance on Snowflake SNOW. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know.

https://www.benzinga.com/insights/options/25/03/44538226/behind-the-scenes-of-snowflakes-latest-options-trends

Can SNOW's Expanding Clientele Push the Stock Higher in 2025?

Snowflake is benefiting from strong AI partnerships and an expanding client base amid intense competition and a stretched valuation.

https://www.zacks.com/stock/news/2435019/can-snows-expanding-clientele-push-the-stock-higher-in-2025

Check Out What Whales Are Doing With SNOW - Snowflake ( NYSE:SNOW )

Financial giants have made a conspicuous bullish move on Snowflake. Our analysis of options history for Snowflake SNOW revealed 22 unusual trades. Delving into the details, we found 36% of traders were bullish, while 36% showed bearish tendencies.

https://www.benzinga.com/insights/options/25/03/44459721/check-out-what-whales-are-doing-with-snow

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Snowflake Inc Price History

04.02.2025 - SNOW Stock was down 6.2%

• The downward movement in Snowflake's stock today may be due to investors taking profits following a recent increase in share price.
• Despite positive developments such as surpassing Q4 expectations and raising the full-year outlook, the stock may have undergone a brief setback.
• Technical analysis suggests that the stock is approaching resistance levels, potentially prompting some traders to sell for short-term profit.
• Investors are advised to closely monitor market sentiment and weigh Snowflake's long-term growth potential against short-term fluctuations.

24.01.2025 - SNOW Stock was down 5.3%

• The bearish movement in SNOW today could be attributed to the anticipation of its Q4 earnings report. Investors might have been cautious due to concerns about the company's performance.
• The bearish stance in the options market also indicates a lack of confidence among investors, possibly due to uncertainties surrounding Snowflake's future growth prospects.
• Overall, the combination of these factors likely contributed to the significant downward movement in SNOW's stock price today.

27.01.2025 - SNOW Stock was up 7.8%

• Snowflake posted Q4 earnings and revenue that exceeded expectations by a significant margin.
• The company raised its full-year guidance and expanded its partnership with Microsoft to integrate leading AI models, boosting investor confidence.
• Analysts are optimistic about Snowflake's growth potential, particularly emphasizing the influence of AI-driven initiatives on its future performance.
• Following the announcement, Snowflake shares surged around 9% in after-hours trading, indicating investor trust in the company's strategic vision and financial prospects.

27.01.2025 - SNOW Stock was up 6.8%

• Snowflake exceeded market expectations with its fourth-quarter results, reporting higher earnings and revenue than anticipated. This impressive performance has bolstered investor confidence in the company's abilities.
• A recent collaboration expansion with Microsoft, which involves the integration of advanced artificial intelligence models like OpenAI's, suggests promising growth potential and technological advancements for Snowflake.
• While some investors expressed bearish sentiments regarding Snowflake's options trading, the positive earnings report and strategic partnerships appear to have overshadowed any pessimism, resulting in a surge in the stock price.
• Encouraging endorsements and recommendations from Wall Street analysts to include Snowflake in investment portfolios have further fueled the stock's bullish trajectory, indicating a favorable outlook on the company's future prospects.

04.01.2025 - SNOW Stock was up 5.3%

• Despite some reports of bearish options activity, the overall sentiment towards Snowflake has been overwhelmingly bullish today.
• The unusual options activity indicating bullish expectations from investors may have contributed to the strong bullish movement in Snowflake's stock.
• It seems that the market players have chosen to focus on the positive outlook for Snowflake, disregarding any bearish signals from deep-pocketed investors.
• The bullish movement in Snowflake's stock could also be attributed to the broader market interest in cloud-based technology companies, as investors seek growth opportunities in the tech sector.

28.01.2025 - SNOW Stock was down 5.3%

• Despite beating Q4 estimates, raising full-year guidance, and experiencing strong AI-driven growth, Snowflake (SNOW) saw a strong bearish movement in the market today.
• The resistance level approaching in the technical analysis might have triggered profit-taking among investors, leading to the bearish movement.
• The mixed Q1 guidance, despite strong demand from large enterprise customers, could have raised concerns among investors about future growth prospects.
• The market might have reacted negatively to the company's partnership expansion with Microsoft and the introduction of new AI agent Cortex, possibly due to uncertainties about the impact on the company's bottom line in the short term.

25.01.2025 - SNOW Stock was down 5.2%

• Today's downward trend in SNOW may be linked to market caution ahead of the company's Q4 earnings announcement.
• Some investors may have sold off their SNOW holdings or taken a pessimistic view due to the stock's high valuation and the considerable expectations surrounding it.
• The options market reflects a bearish outlook from investors with significant capital, suggesting they are anticipating disappointing performance in the upcoming earnings announcement.
• Altogether, profit-taking, valuation worries, and negative market sentiment likely contributed to the pronounced bearish movement in SNOW today.

28.00.2025 - SNOW Stock was up 3.5%

• SNOW's bullish movement can be attributed to its strong AI partnerships, expanding client base, and strategic acquisitions, which have positioned the company well in a competitive market environment.
• Despite concerns about a stretched valuation with a P/S ratio of 13.13X, investors seem optimistic about SNOW's growth potential and market positioning.
• The overall positive sentiment towards SNOW indicates that investors are confident in the company's ability to navigate challenges and capitalize on opportunities in the cloud data warehousing sector.

31.00.2025 - SNOW Stock was up 5.1%

• Deep-pocketed investors adopting a bearish approach towards Snowflake's options may have initially caused uncertainty in the market, but the stock managed to defy the odds and surge upwards.
• Snowflake's resilience and positive movement could be attributed to its strong AI partnerships, expanding client base, and strategic acquisitions, which have bolstered investor confidence in the company's growth potential.
• While the broader market may have experienced some volatility, Snowflake's ability to stand out and ascend demonstrates its resilience and attractiveness to investors seeking exposure to the tech sector's promising opportunities.

28.02.2025 - SNOW Stock was down 5.0%

• The bearish movement in Snowflake's stock today could be attributed to the large investors taking a bearish stance on the company, as indicated by the publicly available options history.
• While Snowflake is benefiting from strong AI partnerships and an expanding clientele, the intense competition and stretched valuation may have contributed to the bearish sentiment among investors.
• The conflicting reports of financial giants making bullish moves on Snowflake further highlight the uncertainty and volatility surrounding the stock, leading to mixed sentiments among traders.

06.02.2025 - SNOW Stock was down 5.7%

• Despite deep-pocketed investors taking a bullish stance on Snowflake's options, the stock experienced a bearish movement today, indicating a disconnect between market sentiment and actual performance.
• The investigation into potential violations of laws by certain officers of Snowflake Inc. might have raised concerns among investors, leading to a sell-off of the stock.
• Market whales' bets on SNOW options may not have been enough to counteract broader market trends or negative news surrounding the company, resulting in the bearish movement observed today.

26.01.2025 - SNOW Stock was up 5.1%

• Investors have shown mixed sentiments towards Snowflake's options activity, but today the stock demonstrated a strong bullish trend, indicating a shift in market perception.
• The positive momentum could be linked to the market's excitement about Snowflake's Q4 earnings report, with a focus on the company's strong product offerings and partnerships despite valuation concerns.
• Anticipation for the upcoming earnings release is likely fueling the bullish market behavior, as investors delve deeper into Snowflake's performance indicators beyond the surface-level forecasts, potentially boosting confidence in SNOW stock.