Q3 Earnings Reaction: Recent chatter on social media about Snowflake Inc. has centered on the company’s third-quarter fiscal 2026 results, which surpassed revenue and profit expectations. Despite the strong performance, the stock has faced downward pressure, with many expressing concerns over the sustainability of growth trends. Some users have noted a disconnect between the solid numbers and the market’s negative response.
AI Partnership Buzz: Another hot topic is Snowflake’s $200 million deal with Anthropic, which has sparked mixed reactions online. While some see it as a strategic move to strengthen its position in AI and cloud data, others question the impact on near-term margins and guidance for 2026. The partnership has kept discussions lively and polarized.
Institutional Sentiment: Social media posts also highlight bearish institutional flow, with reports of significant fund exits and billions in outflows. This has fueled debates about whether the current dip in stock price might be a buying opportunity or a sign of deeper concerns. The conversation remains dynamic as opinions clash over the company’s valuation multiples.
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 251 times in the past 6 months. Of those trades, 0 have been purchases and 251 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 67 sales selling 3,018,776 shares for an estimated $674,782,885.
- BENOIT DAGEVILLE (Founder and Chief Architect) has made 0 purchases and 21 sales selling 307,458 shares for an estimated $71,076,297.
- MICHAEL L SPEISER has made 0 purchases and 140 sales selling 304,446 shares for an estimated $69,984,987.
- CHRISTIAN KLEINERMAN (EVP, Product Management) has made 0 purchases and 17 sales selling 87,267 shares for an estimated $20,616,882.
- JEREMY BURTON has made 0 purchases and 2 sales selling 19,111 shares for an estimated $4,219,752.
- 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 2 sales selling 3,202 shares for an estimated $714,665.
- 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. Congressional Stock Trading
Members of Congress have traded $SNOW stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $SNOW stock by members of Congress over the last 6 months:
- REPRESENTATIVE MARJORIE TAYLOR GREENE purchased up to $15,000 on 06/17.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
Snowflake Inc. Hedge Fund Activity
We have seen 733 institutional investors add shares of Snowflake Inc. stock to their portfolio, and 615 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
- NORGES BANK removed 2,182,086 shares (-34.1%) from their portfolio in Q2 2025, for an estimated $488,285,384
- 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
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 30 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Needham issued a "Buy" rating on 12/04/2025
- BTIG issued a "Buy" rating on 12/04/2025
- Wedbush issued a "Outperform" rating on 12/04/2025
- Baird issued a "Outperform" rating on 12/04/2025
- Keybanc issued a "Overweight" rating on 12/04/2025
- Cantor Fitzgerald issued a "Overweight" rating on 12/04/2025
- Piper Sandler issued a "Overweight" 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 37 analysts offer price targets for $SNOW in the last 6 months, with a median target of $275.0.
Here are some recent targets:
- Tyler Radke from Citigroup set a target price of $300.0 on 12/08/2025
- William Power from Baird set a target price of $270.0 on 12/04/2025
- Brad Zelnick from Deutsche Bank set a target price of $275.0 on 12/04/2025
- Sanjit Singh from Morgan Stanley set a target price of $299.0 on 12/04/2025
- Gil Luria from DA Davidson set a target price of $300.0 on 12/04/2025
- Mike Cikos from Needham set a target price of $280.0 on 12/04/2025
- Hannah Rudoff from Piper Sandler set a target price of $285.0 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.
