Q3 Earnings Impact: Recent discussions on social media about Snowflake Inc. have heavily focused on the company’s third-quarter fiscal 2026 results, which beat expectations for revenue and profit. Despite the positive figures, there’s notable concern over the stock’s downward pressure, with some users pointing to slowing growth rates as a potential red flag.
Acquisition Rumors: Another hot topic is Snowflake’s rumored $1 billion acquisition of Observe Inc., which could be its largest deal yet. Many are debating whether this move into the observability tools market will strengthen its competitive edge against giants like Datadog. The potential for AI-driven growth through this deal has sparked both excitement and skepticism.
Insider Sales Concern: Lastly, insider sales, including a recent $585k share sale by an executive, have raised eyebrows among social media users. Some are questioning the timing amidst year-end stock dips below $220, while others see it as routine and unrelated to broader company health.
Note: This discussion summary was generated from an AI condensation of post data.
Snowflake Inc. Insider Trading Activity
Snowflake Inc. insiders have traded $SNOW stock on the open market 219 times in the past 6 months. Of those trades, 0 have been purchases and 219 have been sales.
Here’s a breakdown of recent trading of $SNOW stock by insiders over the last 6 months:
- FRANK SLOOTMAN has made 0 purchases and 43 sales selling 1,788,484 shares for an estimated $404,659,338.
- MICHAEL L SPEISER has made 0 purchases and 140 sales selling 304,446 shares for an estimated $69,984,987.
- BENOIT DAGEVILLE (Founder and Chief Architect) has made 0 purchases and 18 sales selling 282,458 shares for an estimated $65,476,360.
- CHRISTIAN KLEINERMAN (EVP, Product Management) has made 0 purchases and 13 sales selling 74,412 shares for an estimated $17,835,006.
- VIVEK RAGHUNATHAN (SVP, Engineering and Support) sold 11,801 shares for an estimated $2,634,195
- EMILY HO (Chief Accounting Officer) has made 0 purchases and 3 sales selling 3,316 shares for an estimated $743,828.
- TERESA BRIGGS sold 1,146 shares for an estimated $249,530
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
Snowflake Inc. Revenue
Snowflake Inc. had revenues of $1.2B in Q3 2026. This is an increase of 28.75% from the same period in the prior year.
You can track SNOW financials on Quiver Quantitative's SNOW stock page.
Snowflake Inc. Hedge Fund Activity
We have seen 718 institutional investors add shares of Snowflake Inc. stock to their portfolio, and 526 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- KINGSTONE CAPITAL PARTNERS TEXAS, LLC removed 17,429,208 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $3,931,157,864
- FMR LLC added 3,096,316 shares (+38.6%) to their portfolio in Q3 2025, for an estimated $698,374,073
- WELLINGTON MANAGEMENT GROUP LLP added 2,400,840 shares (+208.7%) to their portfolio in Q3 2025, for an estimated $541,509,462
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC added 2,360,232 shares (+87.5%) to their portfolio in Q3 2025, for an estimated $532,350,327
- TWO SIGMA ADVISERS, LP removed 2,095,500 shares (-81.3%) from their portfolio in Q3 2025, for an estimated $472,640,025
- COATUE MANAGEMENT LLC added 1,956,448 shares (+inf%) to their portfolio in Q3 2025, for an estimated $441,276,846
- BLACKROCK, INC. added 1,904,121 shares (+8.8%) to their portfolio in Q3 2025, for an estimated $429,474,491
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Snowflake Inc. Analyst Ratings
Wall Street analysts have issued reports on $SNOW in the last several months. We have seen 29 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Keybanc issued a "Overweight" rating on 12/04/2025
- Needham issued a "Buy" rating on 12/04/2025
- Piper Sandler issued a "Overweight" rating on 12/04/2025
- BTIG issued a "Buy" rating on 12/04/2025
- Cantor Fitzgerald issued a "Overweight" rating on 12/04/2025
- Baird issued a "Outperform" rating on 12/04/2025
- Wedbush issued a "Outperform" rating on 12/04/2025
To track analyst ratings and price targets for Snowflake Inc., check out Quiver Quantitative's $SNOW forecast page.
Snowflake Inc. Price Targets
Multiple analysts have issued price targets for $SNOW recently. We have seen 36 analysts offer price targets for $SNOW in the last 6 months, with a median target of $276.5.
Here are some recent targets:
- Tyler Radke from Citigroup set a target price of $300.0 on 12/08/2025
- Dan Ives from Wedbush set a target price of $270.0 on 12/04/2025
- Ryan Macwilliams from Wells Fargo set a target price of $290.0 on 12/04/2025
- Sanjit Singh from Morgan Stanley set a target price of $299.0 on 12/04/2025
- Brad Reback from Stifel set a target price of $280.0 on 12/04/2025
- Steve Koenig from Macquarie set a target price of $250.0 on 12/04/2025
- Gil Luria from DA Davidson set a target price of $300.0 on 12/04/2025
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
