Snowflake Inc ($SNOW) Stock Forecast: Up 5.3% Today

What is Snowflake Inc?

Snowflake (NYSE: SNOW) is a cloud-based data warehousing company that provides data storage and analytics solutions to businesses. The overall market sentiment for Snowflake has been bullish today.

Why is Snowflake Inc going up?

SNOW stock is up 5.3% on Feb 4, 2025 15:12

• 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.

SNOW Price Chart

SNOW Technical Analysis

SNOW News

Snowflake Unusual Options Activity For January 31 - Snowflake ( NYSE:SNOW )

Whales with a lot of money to spend have taken a noticeably bullish stance on Snowflake. Looking at options history for Snowflake SNOW we detected 27 trades. If we consider the specifics of each trade, it is accurate to state that 51% of the investors opened trades with bullish expectations and ...

https://www.benzinga.com/insights/options/25/01/43398060/snowflake-unusual-options-activity-for-january-31

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

Deep-pocketed investors have adopted a bearish approach towards Snowflake SNOW, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today.

https://www.benzinga.com/insights/options/25/01/43348651/behind-the-scenes-of-snowflakes-latest-options-trends

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https://www.zacks.com/stock/news/2405176/crowdstrike-stock-soars-94-on-deepseek-cyber-attack-a-must-watch

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Snowflake Inc Price History

07.00.2025 - SNOW Stock was down 1.3%

• Despite the overall positive market movement, SNOW had a bearish day, closing lower than its previous day's price.
• The change in analyst outlook for other companies like Cardinal Health might have influenced investor sentiment towards SNOW.
• It's possible that investors are still cautious about SNOW's valuation and growth prospects, leading to the bearish movement despite the overall market trend.
• SNOW's performance might also be affected by broader market conditions or sector-specific news not captured in the provided information.

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.

27.00.2025 - SNOW Stock was up 5.1%

• Snowflake Inc. (SNOW) experienced a +1.6% increase in its stock price, indicating a bullish trend.
• The positive market reception of tech stocks such as Nvidia (NVDA) and overall market optimism likely influenced the upward movement of Snowflake's stock.
• Analyst upgrades and positive recommendations for related companies like Nvidia might have bolstered investor trust in the tech industry, indirectly benefiting Snowflake.
• General market conditions and sector-specific trends likely contributed to SNOW's positive performance today.

04.11.2024 - SNOW Stock was up 5.8%

• Some high-rolling investors expressed a bearish outlook on Snowflake in the options market. However, the stock displayed a bullish trend, suggesting a divergence between options market sentiment and actual stock performance.
• A shareholder rights law firm is looking into potential violations by certain officers at Snowflake and other companies. This development may have caused uncertainty among investors. Despite this, the stock's bullish movement indicates ongoing market optimism about Snowflake.
• An increase in leveraged ETFs last week likely fueled market activity and positive sentiment towards high-growth stocks like Snowflake, contributing to its bullish performance.
• Notwithstanding the ongoing investigations and bearish options stance, Snowflake was identified by leading Wall Street analysts as having promising prospects. This endorsement may have bolstered investor confidence and supported the stock's bullish movement.

10.11.2024 - SNOW Stock was down 5.1%

• Despite financial giants making bullish moves on Snowflake, the stock experienced a strong bearish movement today.
• The options history for Snowflake showed a mixed sentiment among traders, with a slightly higher percentage being bullish.
• It's possible that the bearish market movement was influenced by factors beyond the options trading, such as overall market conditions or specific company developments.

18.11.2024 - SNOW Stock was down 5.6%

• The formation of a Golden Cross, a bullish technical pattern, usually indicates a positive sentiment among investors and could have initially driven the stock price up.
• However, the unusual options activity with a significant number of bearish trades could have sparked concerns among investors, leading to a sell-off and the bearish movement in the stock price.
• This conflicting information suggests that while there is optimism surrounding Snowflake's AI revolution, the uncertainty created by the options activity might have caused the bearish movement in the market today.

21.10.2024 - SNOW Stock was up 33.0%

• Snowflake (SNOW) shares surged after the company reported better-than-expected financial results for the third quarter and raised guidance, leading to increased investor confidence.
• Several analysts raised their price targets for Snowflake following the positive earnings report, indicating a bullish sentiment in the market.
• The strong performance of Snowflake in Q3, with revenue beating estimates and the announcement of an AI acquisition and Anthropic partnership, contributed to the stock's upward momentum.
• The overall positive outlook for Snowflake, fueled by its continued growth and strategic partnerships, likely drove the bullish movement in the stock today.

21.10.2024 - SNOW Stock was up 32.6%

• Snowflake's Q3 earnings beat estimates and revenues rose year-over-year, indicating strong financial performance and growth prospects.
• The stock surged higher after reporting better-than-expected financial results and raising guidance, leading to increased investor confidence and analyst price target upgrades.
• The positive earnings surprises and revenue beats for the quarter ended October 2024 suggest that Snowflake's business is performing well and may continue to attract investor interest.
• The acquisition of an AI company and a partnership announcement further boosted Snowflake's market sentiment, signaling strategic moves for future growth and innovation.

21.10.2024 - SNOW Stock was up 26.5%

• Snowflake Inc. (SNOW) experienced a strong upward movement today following the announcement of its Q3 earnings.
• The company revealed third-quarter revenue of $942.09 million, surpassing the estimated $896.99 million, contributing to the positive market sentiment.
• Earnings and revenue exceeded expectations by 33.33% and 4.82%, respectively, potentially boosting investor confidence in the company's future growth.
• Analyst outlooks and positive charts could have also influenced the market's optimism, counterbalancing the stock's 32% year-to-date decline and driving the favorable market trend.

14.00.2025 - SNOW Stock was up 5.1%

• Although there was a slight decrease in stock price at the close of the latest trading day, the overall bullish movement suggests strong investor confidence in Snowflake Inc.
• The market gains could be linked to positive news or developments within the company, including new partnerships, product launches, or financial performance surpassing expectations.
• Investor optimism regarding Snowflake's future prospects and growth potential in the cloud computing sector may be fueling increased buying activity and pushing the stock price up.

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.